Rex H. Kaup, CPA
(11/2/1952 – 5/16/2021)
The passing of our Managing Partner, Rex Kaup, is mourned by our Firm with great sadness. Rex was the leader of our firm and a leader in the community. His absence will be felt by all who knew him.
Rex was a lead partner since 1979 when YOBCO was sold from the Estate of Edward Brown to four CPA employees. At that time, YOBCO had 16 employees and Rex had been instrumental in YOBCO’s expansion to present level. He was active in the for-profit sector of the firm in auditing, reviews, compilations, tax planning and preparation for any type of business enterprise and their owners. Much of his career had been spent in the merger, acquisition and sale of privately-owned businesses and the financing involved in these transactions. In addition, he was involved as an expert witness in various litigation matters in central PA courts. He also prepared business valuations as a part of various engagements. Prior to coming to YOBCO in the mid-1970s, he was employed in Washington, DC.
Rex was a member of the American Institute of Certified Public Accountants, the Pennsylvania Institute of Certified Public Accountants, the Institute of Management Accountants and the American Society of Appraisers. He also held an Insurance Producers License from the Commonwealth of PA Insurance Department.
Rex was active in the firm’s trade association, now called Allinial, on its small business committee.
Rex served as the Treasurer of the Rotary Club of Altoona for 40 years and was honored as a Paul Harris Fellow by Rotary International for his service to Rotary and its causes.
At Penn State, he was a member of the Altoona Campus Advisory Board and served as Treasurer and an Executive Committee member for more than 20 years. He was a Past President of the Penn State Alumni Association. He was awarded an Alumni Achievement Award by the University for his volunteerism over many years.
With our local Chamber, he was on many committees over the years and was on the steering committee to organize and create the successful Leadership Blair County program. He participated in the Chamber’s “Role Model” program and was Chairman of the Chamber membership development committee.
In the mid-1990s, he was asked to serve on the organization committee to establish the Central PA Community Foundation, which has become a highly successful not-for-profit in our area.
Rex graduated with a Bachelor of Science Degree from the Smeal College of Business from The Pennsylvania State University in 1973.