Delaware College Scholars Elects Peter S. Kennedy, CPA to its Board

November 29, 2018

(MIDDLETOWN, DE) – Delaware College Scholars (DCS) recently welcomed Peter S. Kennedy, CPA to its Board of Directors.

A director at Cover & Rossiter, Mr. Kennedy heads up the organization’s audit practice, where he has the opportunity to work with many of the region’s nonprofit institutions.

“Pete’s extensive knowledge in and passion for nonprofit operations will truly be an asset to our organization,” said Dr. Tony Alleyne, Executive Director of DCS. He continued, “Ultimately, it is our scholars who will benefit from Pete’s time and commitment to the organization, and we are grateful to have him join us in preparing our next generation of future leaders for success.”

In addition to his role with Delaware College Scholars, Mr. Kennedy serves on the Financial Accounting Standards Board’s Not-For-Profit Financial Statement Project Resource Group, which is a national group of 20 individuals recognized for their not-for-profit accounting expertise. Mr. Kennedy also serves as a member of the Christiana Care Health System Finance Committee, the Delaware Community Foundation Audit Committee, the Delaware State Employee Benefit Plans Management Board Governance Committee and EastSide Charter School’s Citizen’s Budget Oversight Committee.

“I had heard about DCS and the great work they are doing. It was truly an honor to be asked to join them. I hope to be able to contribute in a small way to their continued success.” said Mr. Kennedy.

Mr. Kennedy is retired from the Navy Reserve after 22 years of service (six years active duty and the last sixteen as a Reservist). He holds a degree in accounting from Clarkson University; holds active licenses in both Delaware and Pennsylvania; and is affiliated with both the Pennsylvania Institute of Certified Public Accounts and the American Institute of Certified Public Accountants. Mr. Kennedy hails from upstate New York but has called Newark, DE his home for over 22 years.

The Delaware College Scholars Program (DCS) is the most academically rigorous college preparation and college persistence program in the State of Delaware. For high-achieving public high school students with no clear path to college, DCS’ tuition-free residential program provides its scholars the opportunity to succeed. For three summers in a row, students live and learn together as they prepare for acceptance and graduation from competitive four-year colleges and universities. DCS’ intense college-level curriculum in a roundtable format not only prepares the scholars for college but ensures they persist beyond freshman year.

To date, 94 percent of Delaware College Scholars, who are underserved and often the first in their family to attend college, have gone on to four-year institutions of higher learning. Ninety-five percent have remained in college beyond freshman year.