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Slide 1: C R E D I T S U I S S E F I R S T B O S T O N F O U N D AT I O N SOCIAL RESPONSIBILITY REPORT 2001
Slide 2: Dear Colleagues and Friends, I’m very proud to introduce this Report which describes the philanthropic efforts of the Credit Suisse First Boston Foundation and the men and women of the Firm who, through their volunteer efforts, make a positive impact on the communities in which we live and do business. Empowering change is more than an eye-catching phrase to support the image and substance of a global investment bank that strives for excellence in all of its endeavors. Building for the future, breaking down barriers to success and creating opportunities for change are important parts of what we do in our dayto-day business and what we support as a Firm through the Foundation and the many volunteer programs described in this Report. John J. Mack The Foundation’s mission is to support programs and education for inner city youth and to contribute to cultural institutions in our community, both because of their intrinsic value as a reflection of what we admire in the world around us and because of the special benefits they offer to the Firm’s employees. While it would be impossible to describe every act of kindness, support or expression of the volunteer spirit which permeates the Firm, this Report will give you a snapshot of the Foundation’s grant making activities and the volunteer programs in which the men and women of Credit Suisse First Boston are actively engaged. I want to thank all of you who support the Foundation’s efforts with your time and contributions and I hope that in the year ahead all our employees will find a constructive way to give something back to the community in which they live. Sincerely, John J. Mack Chief Executive Officer
Slide 3: TA B L E OF CONTENTS Page I. CSFB Foundation – Introduction Mission and Priorities Statement Grants – United States – Europe – Asia Pacific Cultural Commitment Volunteer Program Disaster Relief 1 1 1 1 1 1 2 2 3 4 4 7 8 10 11 12 13 13 14 14 20 24 26 28 29 II. Grants United States – Alphabetical Listing of Grants Europe – Alphabetical Listing of Grants Asia Pacific – Alphabetical Listing of Grants III. CSFB’s Cultural Commitment Museums and Other Cultural Institutions IV. Volunteer Programs Employee Volunteer Activities Departmental Partnerships V. VI. VII. Disaster Relief CSFB Perspectives Grant Making Guidelines VIII. Conclusion
Slide 4: I. C S F B F O U N D AT I O N – I N T R O D U C T I O N Mission Statement The CSFB Foundation supports organizations whose primary goals are education and programs that benefit inner city youth. This support takes the form of both financial grants and employee volunteers. In addition, the Foundation supports the cultural institutions in the major cities in which we work and live. Most of the Foundation’s activities are focused on programs in New York City, the Firm’s headquarters in the Americas. In addition, the CSFB Foundation allocates funds to our larger branch offices, including Atlanta, Baltimore, Boston, Chicago, Houston, Los Angeles, Miami, Palo Alto, Philadelphia, San Francisco and Washington, D.C. Finally, the Foundation coordinates the philanthropic activities directed by the Europe Charity Committee and Asia Pacific Philanthropic Committee. The Future Grants – United States Choosing which organizations and programs to support financially in the United States, principally in New York City, is an extremely difficult task given the hundreds of grant applications the Foundation receives annually from respected groups. Programs for young people at long established settlement houses, social service agencies and other community organizations receive a significant portion of the Foundation’s financial grants. We invest in the leadership of these groups, in innovative projects that may not attract other funding and in organizations in which our employees are involved as long as they are consistent with the Foundation’s mission. Grants – Europe The Charity Committee budget is directed primarily at local charities in the Docklands area of London where our offices are situated. The focus of the funding is to support organizations concerned mainly with children and education. The Committee also regularly supports national charities, including the British Red Cross and Macmillan Cancer Relief. The Charity Committee meets once a quarter to discuss the requests. Cheers, CSFB! Grants – Asia Pacific The Asia Pacific Philanthropic Committee was established in 1998 to fulfill the Firm’s responsibility as a good corporate citizen within the nations of that region. Since its founding, the Committee has donated to over 100 charitable organizations. The Committee meets on a quarterly basis to consider proposals submitted by employees and Costume Parade at the Globe 1
Slide 5: organizations and makes allocations as appropriate in Asia Pacific. The focus of CSFB Asia Pacific’s philanthropic giving is disadvantaged children and education. Organizations seeking funding must be registered charities located in the Pacific region where CSFB conducts business. Cultural Commitment Credit Suisse First Boston’s cultural commitment is concentrated in New York City, but also includes other renowned museums and cultural centers. cities such as New York, San Francisco and Venice. Employees and their families are able to partake in a host of activities offered by these cultural institutions in The Foundation’s corporate membership in many of these institutions gives CSFB employees discounts on admissions and goods purchased in the museum stores, or dining at a museum Brooklyn Museum of Art Apprentice Program restaurant. In addition, the Foundation also funds programs such as the Brooklyn Museum of Art’s Apprentice Program for high school juniors and seniors, which provides students with the opportunity to learn and teach art to younger children during the summer. Programs like the BMA Apprentice Program help the Foundation to fulfill its mission of supporting educational programs for inner city youth. Volunteer Program CSFB employee volunteers are personally involved in improving our communities and neighborhoods and share their time, talents and resources to bring hope and assistance to those in need. By creating mutually beneficial volunteer programs for the community and for CSFB employees, we strive to develop model programs, build support and enthusiasm with our partner non-profits, and solve tough problems. The CSFB Foundation provides employee volunteer opportunities for both ongoing and one-time commitments. Individual and team-based volunteer projects offer a wide range of commitment levels so that every employee can find a way to help. Over the course of the year, hundreds of CSFB employees volunteered their time tutoring children, delivering meals to people living with HIV/AIDS, revitalizing city parks and gardens, visiting the elderly, and working to bridge the digital divide at schools and social service agencies throughout New York City. Making new friends volunteering at Greenwich House While this report includes a summary of our grants, it is also about people helping people – volunteering their time, talents and resources. 2
Slide 6: Disaster Relief When disasters like earthquakes, floods and epidemics strike, CSFB and its employees respond by providing disaster relief funds, often through experienced service providers such as CARE and the American Red Cross. More recently, in the aftermath of the World Trade Center disaster on September 11th, the CSFB Foundation organized dozens of employee volunteer efforts, ranging from preparing and serving food to rescue and emergency crews to helping high school students displaced from their school by the events to regain access to a computer network and continue their studies. 2001 CSFB Foundation Contributions by Category Youth Development 20% Arts 7% CSFB Volunteers working with American Red Cross Sports & Recreation 3% Education 33% E a c h y e a r, C S F B supports hundreds of Human Services 31% programs and initiatives serving Health & Nutrition 6% education, the arts, health, human services and youth 2001 Grants New York City Branch Offices outside New York City Europe Asia Pacific Business Line Contributions* Total $ 2,764,523 377,500 840,000 440,000 10,830,000 $15,252,023 development. * Paid out of the various business lines within CSFB, these gifts are by design business-related and generally support the charitable interests of our clients. 3
Slide 7: II. G R A N T S – U N I T E D S TAT E S , E U R O P E AND A S I A PA C I F I C United States – Core Grants In 1998 the CSFB Foundation trustees identified five key organizations which best represented the Foundation’s mission, had senior management on their boards and offered volunteer opportunities for our employees. We call those organizations our CORE group. That list has since expanded to eight organizations. Below is a brief description of our CORE group. CityKids Foundation is a New York-based, multi-cultural organization which provides young people with a forum to discuss and develop constructive responses to issues of importance to them – racism, drugs, peer pressure, AIDS, violence, literacy, etc. With programs focusing on self-esteem, health and education, CityKids is dedicated to communicating positive values to youth and helping them change their world. Good Shepherd Services is a social service and youth development agency that serves over 10,000 New York City children and families each year. Good Shepherd Services provides a continuum of services that includes citywide residential and group care, foster care/adoption, and professional training services as well as a network of twenty community-based social, educational, cultural, recreational, health-related, and vocational-training programs that serve children and adults in New York neighborhoods. Henry Street Settlement seeks to curb urban poverty by providing individuals and families with crucial social and cultural services. Today the Settlement’s programs include four transitional residences for the homeless, a battered women’s shelter, a mental health clinic, a senior center, a multi-disciplinary arts center, services to homebound New Yorkers, a day care center, and a broad spectrum of educational, recreational and vocational programs for youth. Each year, Henry Street reaches 100,000 people. Junior Achievement of New York (JANY) is the largest partnership linking the business sector with education in New York City. Each year, more than 2,500 business people from a variety of industries and management levels volunteer their time to teach JANY’s programs. The organization offers in-school programs at every grade level. The purpose of JANY is to “educate and inspire young people to value free enterprise, understand business and economics, and be workforce ready.” Prep for Prep is a long-term program to develop the leadership potential of able young Prep for Prep Henry Street Settlement Baseball Players people from segments of society underrepresented in the leadership pool from which all of our major institutions draw. Prep’s strategy is to identify talented students from 4
Slide 8: minority group backgrounds, prepare them for placement into independent schools, and provide a sense of community, peer support, critical post placement services, and a range of leadership development opportunities. Pride First is a community-based organization dedicated to improving the scholastic achievement of young people in Harlem. Through an accelerated learning program and recreational and cultural exchanges, Pride First works to raise self-esteem, confidence and dignity, and expand the sense that anything is possible. Student Sponsor Partners (“SSP”) provides as many of New York City’s at-risk high school youth as possible with an opportunity to receive a quality non-public high school education through the financial support, and one-to-one mentoring guidance of a 4-year sponsor. In doing so, SSP helps young people earn their high school diplomas, and thus makes a direct and meaningful impact on young peoples’ lives. Halloween party at the YMCA The YMCA of Greater New York is a community-based service organization dedicated to build the mind, body and spirit of New Yorkers, and the quality of life in New York City. With values-based programs emphasizing education, health and recreation, the Y serves women and men of all ages, races and religions, with a focus on youth. Development School for Youth’s Team of All-Stars 5
Slide 9: The Robin Hood Foundation Library Initiative The CSFB Foundation recently donated US $1.15 million to fund, in partnership with the Robin Hood Foundation and the Board of Education, a pilot program to create or rebuild libraries in ten elementary schools in New York City. It is well-recognized that the New York City schools must improve the quality of students’ overall educational and learning experience. The school system has 1.1 million children in 656 elementary schools, many of them either without libraries or with inadequate library facilities. Only forty percent of children in the third through eighth grades read at or above their grade level. Fewer than fifty percent of children in New York City public schools graduate from high school within four years. This new pilot program will be directed at improving these unacceptable conditions by reinventing the elementary school Computers in New York City elementary school library library and related services. Schools with better library programs have better reading scores, and the library and its staff are among the most stable and permanent part of a child’s elementary school experience. The CSFB and The Robin Hood Foundation partnership will rebuild elementary school CSFB Foundation Forms Corporate Partnership with The Robin Hood Foundation to Improve N e w Yo r k C i t y S c h o o l s libraries into vibrant, state-of-the-art facilities and will help to integrate these facilities into the school and the community. Librarians will be trained and certified. Hours will be extended and libraries will be open on weekends. Book collections will be improved. The pilot program, which is nearly complete, is creating or rebuilding ten school libraries throughout the five boroughs. The first sites chosen are in the most disadvantaged neighborhoods. The ultimate goal is to attract other financial support to create or rebuild libraries in all of the 656 New York City elementary schools over the next three-to-five years. One important part of this pilot program will be the opportunity for CSFB employees to become directly involved by adopting a school, mentoring and tutoring students, bringing career discussions to schools, sponsoring book drives and other similar activities. For both CSFB and The Robin Hood Foundation, this is a significant commitment to our community and the children in our public elementary schools. Doorway to knowledge 6
Slide 10: United States – Grants ARTS American Spanish Dance Theater America’s Society Ballet Hispanico Boys and Girls Harbor Boys Choir of Harlem CityKids Foundation Creative Alternatives of New York Creative Arts Team Educational Equity Concepts Free Arts for Abused Children Inside Broadway InterSchool Orchestras of New York Lar Lubovitch Dance Company Mary McDowell Center for Learning Minds Matter of NYC MOUSE (Making Opportunities for Upgrading Schools & Education) NOLS (The National Outdoor Leadership School) New York City Act-So New York Presbyterian Hospital: Reading Program New York Public Library Outward Bound of New York City PENCIL (Public Education Needs Civic Involvement in Learning) Prep for Prep Pride First Corporation Robin Hood Foundation Save the Children School for the Physical City STRIVE Student Sponsor Partners Teach for America Teak Fellowship Publicolor HUMAN SERVICES American Red Cross Association to Benefit Children Camphill Foundation CARE Career Gear Children’s Aid Society Cooke Center for Learning & Development Covenant House Good Shepherd Services Grand Street Settlement Greenwich House Habitat for Humanity HELP USA Henry Street Settlement National Urban League Project Return Resources for Children with Special Needs Salvation Army YAI: National Institute for People with Disabilities EDUCATION Center for Social & Emotional Education Change For Kids Clearpool Committee of Hispanic Children & Families Community District 2: Reading Recovery Program Community Impact Cooper Union: Summer Internship Program Coro Foundation East Harlem Tutorial Program Everybody Wins! Gateway School Harlem Center for Education iMentor Inner-City Scholarship Fund Junior Achievement of New York Knowledge Project Learning Leaders Literacy Partners HEALTH & NUTRITION Children’s Blood Foundation Children’s Hope Foundation Citymeals-on-Wheels Eugene Zitwer Foundation God’s Love We Deliver Leukemia & Lymphoma Society March of Dimes Terence Cardinal Cooke Health Care Center RECREATION & SPORTS Asphalt Green City Parks Foundation Fiver Foundation Fresh Air Fund Morry’s Camp Prospect Park Alliance Special Olympics of New York Trail Blazers YOUTH DEVELOPMENT All-Stars Project Big Brothers Big Sisters Boys and Girls Clubs of America Boys Club of New York FIRST Fresh Youth Initiatives Girl Scout Council of Greater New York Global Kids Junior League of the City of New York New York Cares Police Athletic League Project Reach Youth YMCA of Greater New York New York City elementary school reading room 7
Slide 11: Europe – Grants Most of CSFB’s grants in Europe are concentrated in London, the location of the Firm’s largest European office. Examples of recent charitable grants and activities follow. Shakespeare’s Globe – Globe Education works with students of all ages and abilities both in the U.K. and internationally. Support from Credit Suisse First Boston has enabled Globe Education to develop both the quality and the quantity of its work with children studying at Key Stage 2. In the past academic year, 11,695 students in 238 schools have participated in Key Stage 2 workshops. Globe Education has been able to develop and implement an intensive training and professional development program for its practitioners, creating a team of Key Stage 2 specialists. This team not only works on a daily basis, leading Three Knights of the Globe workshops, but also contributes to the development and delivery of Globe Education’s continuing professional development program for teachers, distance learning projects and work with students who have Special Education needs. Support from Credit Suisse First Boston has also enabled Globe Education to offer ChildsPlay workshops for 8-11 year olds during Saturday matinee performances in the Globe Theatre. In a workshop setting, the students were given an introduction to Shakespeare and his works through a series of storytelling exercises and through an exploration of his playhouse, the Globe Theatre. The workshops are led by one of Globe Education’s acclaimed actor teachers who aim to provide, for many of the participants, their first introduction to Shakespeare’s plays and his times. The students also visited the Shakespeare’s Globe exhibition, which, with its technological and traditional interactive elements, provides an even greater understanding of the Globe. Future Actors-in-Training at the Globe 8
Slide 12: Royal Academy Education Workshops – CSFB was the main sponsor of “The Genius of Rome 1592-1623, Caravaggio, Annibale Carracci, Rubens” exhibition at The Royal Academy in 2001. The Royal Academy ran educational workshops for six groups of approximately 25 children. The children also tried their hand at still life sketches. Robin Hood Gardens Estate and Mudchute Farm – CSFB has been involved with two employee-volunteer activities in our local community this year. Both these initiatives were carried out with Trees for London, a charity which is exclusively involved with helping local communities improve their open spaces by the planting of trees, shrubs and plants. Building for Habitat for Humanity The first expedition was to the Robin Hood Gardens Estate in January. Despite a cold and frosty day, CSFB employees planted for about six hours. CSFB’s team and other volunteers planted over 1,000 trees, plants and shrubs which turned a piece of rough ground into a picture of color and life. In the summer, CSFB produced a team of volunteers to do some clearing and planting of new flowerbeds at Mudchute, which is a local community center and farm. Habitat for Humanity – Over the last three years, volunteers from CSFB have helped build homes in the London Borough of Southwark, not far from our London offices. Founded in the U.S., Habitat has built over 100,000 houses worldwide. Southwark Habitat for Humanity began in 1997 and has built homes for seven families. Habitat for Humanity houses are built through volunteer labor (unskilled and skilled) and donated money and materials. The houses are then sold to future homeowners at cost, with a long-term, interest-free mortgage. The homeowners also put hundreds of hours of their labor, called “sweat equity,” into the building process. Mortgage payments are deposited into a “Fund for Humanity” that is used to build more houses for other families in need. Originally, the CSFB volunteers gave their time on Saturdays. The team spirit from these events was so positive a number of groups have included team building days at Habitat in their recruiting or training programs. Recently, CSFB announced a Give-a-Day-toCharity Scheme through which London employees will be able to volunteer at the CSFBsponsored home on company time. Planting at Mudchute Farm Charity Committee Europe Jonathan Davie, Chairman Paul Buckley Isabel Doverty Jon Grussing James Leigh-Pemberton David Mulford Simon Prior-Palmer Mark Seligman Ashe Windham On a coffee break working for Habitat 9
Slide 13: Europe – Grants ARTS Royal Academy Education Workshops Shakespeare’s Globe Macmillan Cancer Research Multiple Sclerosis Society (Jazz Parade 2000) Queen Elizabeth Hospital SPARKS (Sport Aiding Medical Research for Kids) St. Bartholomew’s Hospital Trinity Hospice Robin Hood Gardens Education and Training Trust SPLASH (South Poplar & Limehouse Action for Secure Housing) St. Giles Trust Tech4All Tower Hamlets Mission Workforce EDUCATION Betts Street Playgroup Bromley Hall School Chisenhale Primary School East London Schools Fund East-Side Educational Trust Eleanor Smith School Fair Play for Children Finton House School Help a London Child KIDS KIDS Company Oxford House Stephen Hawking School Trust Trees for London HUMAN SERVICES Barnardo’s Business Action on Homelessness Business in the Community The Cedar Centre Centrepoint Child Victims of Crime Childline Children In Need Citizens Advice Bureau Comic Relief Community Links Company of Hackney Carriage Drivers East London Business Alliance Family Welfare Association Habitat for Humanity Isle of Dogs Community Foundation London City Mission National Homeless Alliance NCH (National Children’s Home) Neighbors in Poplar Rainbow Trust Children’s Charity RECREATION & SPORTS London Coaching Foundation Mudchute Park & Farm REMEDI YOUTH DEVELOPMENT Aston-Mansfield Cryptics Youth Club East London Small Business Centre Funbus Funbook Hope for Children Limehouse Met Police for Youth Diversity Scheme London Youth Clubs London Youth Trust Parents for Children Poplar Hazard House The Prince’s Trust Raleigh International Smart Change Spitalfields City Farm Wooden Spoon Society HEALTH & NUTRITION Crisis FareShare DEBRA (Dystrophic Epidermolysis Bullosa Research) Douglas House Hospice for Children Down’s Syndrome Association Evelina Children’s Hospital Appeal Foundation for the Study of Infant Deaths GOSH (Great Ormond Street Hospital) Haven House Foundation Little Haven Children’s Hospice A welcome change of pace from the training program for new employees 10
Slide 14: Asia Pacific – Grants As part of its philanthropic efforts in Asia, CSFB supports a variety of projects and programs in a dozen countries. One of the principal projects recently has been support for a number of rural school projects in China’s interior provinces. This effort began with our first school refurbishment in 1999, but has grown into a theme for giving in China. The projects are supported via a number of charities that are based in Hong Kong but operate on the mainland, including the Caritas organization, the Hong Kong Christian Council and Oxfam Hong Kong. In 2001, CSFB has committed to the complete Former Mengdan primary school – People’s Republic of China rebuilding of three schools: one in each of the southwestern provinces of Yunnan and Guangxi, and one in the northwestern province of Shaanxi. The remote areas where these schools are located are home to hard-working but impoverished communities. In all cases, the school projects are undertaken with the full cooperation of the local government at the village and district level. Because of the low costs in these areas, a great deal can be achieved with relatively modest donations: the Oxfam project is being undertaken on a budget of $26,000 (with matching funds from the local authorities) while the other two are in the neighborhood of $20,000. For these amounts, entire schools can be built that will help hundreds of children in these villages. In June 2001, CSFB was one of a handful of corporate donors that made possible the first visit by the ORBIS Flying Eye Hospital to Haikou, the main city on China’s Hainan Island. The three week Haikou program was conducted by a team of doctors, nurses, anesthetists, and biomedical engineers from 13 different countries. 56 ophthalmologists observed and assisted with surgery performed by volunteer surgeons from Canada, Mexico, Germany, Italy and Argentina on board the ORBIS DC-10, as well as at Hainan Provincial People’s Hospital. Participants also attended weekly evening lectures and practiced corneal transplants and cataract removals in a special laboratory set up at the airport. In addition, six local nurses received intensive hands-on-training from the ORBIS nursing staff, attending daily lectures and working in the DC-10’s operating room, substerile room and recovery room. ORBIS anesthetists also shared their skills with two local counterparts, while ORBIS biomedical engineers trained eight local technicians. ORBIS aims to provide training and the transfer of sustainable skills tailored to the needs of its partners. In Haikou, ORBIS screened 209 patients as potential candidates for surgical teaching cases and conducted 47 surgical teaching cases on the DC-10 and 16 at Hainan Provincial People’s Hospital. Six laser operations were also conducted on the airplane. New Mengdan primary school – People’s Republic of China 11
Slide 15: Asia Pacific Philanthropic Committee Stephen E. Stonefield, Chairman Thomas Grimmer Patrick P. Kerrigan John Moore Eoin F. O’Shea Susumu Omori Alan H. Smith Andrew Porter Bill R. Trotter Eric M. Varvel Pote P. Videt Joyce Yim Asia Pacific – Grants EDUCATION China School Reconstruction Project, Caritas Hong Kong, People’s Republic of China Developments in Literacy, Pakistan Oxfam China Schools Program, Oxfam Hong Kong, People’s Republic of China Poinsetta Primary School, Hong Kong, People’s Republic of China Rebuilding Collapsing Schools Project, Hong Kong Christian Council, People’s Republic of China YOUTH DEVELOPMENT Backward Class Girl’s Hostel, India Camp Quality, Australia Care for Children, People’s Republic of China Chiming Bell Children’s Home, Japan CRY, India Joomong Rehabilitation Centre, South Korea Matilda Sedan Chair Race Charities Fund, Hong Kong Mother’s Hope, India Operation Santa Claus, Hong Kong Pattaya Redemptorist, Thailand Profession Sevens, Hong Kong Project Hope, People’s Republic of China Project K, New Zealand Riding for the Disabled, Singapore Save the Children, Hong Kong Siam Reap Provincial Orphanage, Cambodia SUPPORT (Society Undertaking Poor People’s Onus for Rehabilitation), India Wellington City Mission, New Zealand YMCA International Charity Run, Japan Youth Challenge, Australia HEALTH & NUTRITION Ardoch Youth Foundation, Australia Make A Wish Foundation of Australia ORBIS, People’s Republic of China Starlight Children’s Foundation, Australia Techotots, Australia Variety Club’s Children Party, Australia Three villagers in front of their new home in Orissa, India Houses built by Credit Suisse First Boston in partnership with CARE in Orissa, India 12
Slide 16: III. C S F B ’ S C U LT U R A L C O M M I T M E N T Museums and Other Cultural Institutions Credit Suisse First Boston is committed to supporting the major cultural institutions in New York City, the site of the Firm’s largest office in the United States. Through the Foundation, we make grants to support a wide variety of activities including music, theater, dance, museums, libraries and conservation sites. Our cultural roots reach deep into the community in which we work and many of us live. The cultural organizations we support often make available special benefits to our employees in connection with admission and purchases of goods, thereby extending the benefit of the Foundation’s cultural mission to the men and women of Credit Suisse First Boston. The organizations we support are: American Ballet Theatre American Museum of Natural History Brooklyn Academy of Music Brooklyn Children’s Museum Brooklyn Museum of Art Carnegie Hall Central Park Conservancy Children’s Museum of Manhattan China Institute Exploratorium The Solomon R. Guggenheim Museum Jewish Museum Lincoln Center Consolidated Corporate Fund (including Chamber Music Society, Lincoln Center for the Performing Arts Lincoln Center Theatre Metropolitan Opera New York City Ballet New York City Opera New York Philharmonic) Metropolitan Museum of Art and The Cloisters Museum for African Art Museum of the City of New York Museum of Modern Art The New York Botanical Garden New York Public Library San Francisco’s Museum of Modern Art San Francisco Symphony Studio Museum in Harlem Swiss Institute Tech Museum of Innovation of San Jose Whitney Museum of American Art Wildlife Conservation Society 13
Slide 17: I V. VOLUNTEER PROGRAMS Employee Volunteer Activities “We make a living by what we get, we make a life by what we give.” – Winston Churchill CSFB employees around the world are personally involved in a number of volunteer activities ranging from hands-on efforts to board memberships – helping to make a difference in the communities where we work and live. CSFB Volunteer Fair 2001 Knowing that it is impossible to report on every individual act of kindness, these are just recent snapshots highlighting a few programs where we have seen a dramatic increase in employee involvement and a strengthened community presence. We have a very special commitment to supporting volunteer efforts in the communities where we do business. We intend to expand our volunteer efforts so that we can continue to help more people live happier, healthier, and more productive lives. YOUTH AND EDUCATION Student Sponsor Partners involves nearly 75 CSFB employees who, through a combination of financial and personal support, help students earn high school diplomas. Each student accepted to the program is paired with a sponsor who agrees to develop a relationship with the student and pay all, or a portion, of the student’s tuition throughout their high school education. Everybody Wins/Power Lunch is a lunchtime literacy and mentoring program matching elementary school students and 60 CSFB employees who read on a weekly basis to the children on their lunch hour at the Epiphany School and P.S. 116. School for the Physical City Study Hall One day a week CSFB employees in New York City and students enjoy conversation and read a book together. School for the Physical City students receive weekly math and SAT preparation from CSFB employees who tutor and teach several students in math, science, humanities and computers at Eleven Madison Avenue. Junior Achievement of New York sends volunteers to area schools to present hands-on curriculum to grades K-12, one hour a week, for five-to-ten weeks, depending on the program. Additionally, CSFB employees help raise funds for this organization by participating in annual fundraising events such as Junior Achievement’s Bowl-A-Thon. East Harlem Tutorial Program is an award-winning non-profit youth educational program offering educational assistance to young people and their families in East Harlem. The program has doubled its student base from last year, and CSFB employees provide “oneon-one” tutors in a variety of areas – reading, math, science, computers and the creative Junior Achievement Bowl-A-Thon arts. 14
Slide 18: Henry Street Settlement – The Division of Youth Services emphasizes the importance of academic excellence, while building the social skills, leadership qualities, and emotional well-being necessary for personal and professional success. More than 2,000 children, teens and adults participate in Henry Street’s programs every year. CSFB employees tutor teens aged 14-18 after school, evenings and weekends, providing guidance and support, especially regarding careers. CSFB Career and College Series/Lectures for “At-Risk” Youth – This is an ongoing program at CSFB designed to help young people stay in school by introducing them to careers in various fields in investment banking. This workshop series utilizes various CSFB departments to partner with organizations the Foundation supports. The Police Athletic League and Human Resources, Henry Street Settlement and Information Technology, and Publicolor and Audit are a few of the organizations and CSFB departments that have formed partnerships and participated. Big Brothers Big Sisters MENTORING PROGRAMS Big Brothers Big Sisters Workplace Mentoring Program is a bi-monthly mentoring program for students who are brought to CSFB for workplace activities from 3:30 p.m. to 5:30 p.m. The program includes a certified social worker overseeing and facilitating the program as well as one-to-one mentoring which includes trips to museums and other outside events. Good Shepherd Services is a social service agency that has a weekly mentoring program involving CSFB employees who serve as role models and mentor high school girls in foster care. Participation involves activities such as meeting with the youngsters at one of the residential facilities, field trips, internships and job shadowing. Development School For Youth is a program of The All-Stars Project monthly leadership training and career education workshops. Designed to enhance leadership performance, the multi-racial group attended weekly workshops at CSFB learning how to write a résumé, speak in public and dress professionally. Take Our Daughters to Work Day included nearly 200 CSFB daughters, 115 volunteers, 22 departments and 20 senior CSFB executive women serving as role models and preparing the next generation for Wall Street. This event is the single largest effort involving the most CSFB employees over the course of one day. The Law Explorers Program enables high school students to learn about the legal profession from members of the Legal & Compliance Department. Students participate in interactive sessions in which they are taught skills, including negotiation, advocacy and trial techniques. A number of these students participate in the Law Explorers’ competitive mock trial program. The Department holds monthly meetings to teach high school students about the practice of law as a possible career choice. Take Our Daughters to Work Day Good Shepherd girls and their mentors 15
Slide 19: Urban Peace Academy in East Harlem pairs CSFB employees with junior and senior high school students at Urban Peace Academy making the commitment to meet for four hours a month outside of school. iMentor matches young people from underserved communities with adult volunteers who share career interests. CSFB mentors e-mail their protégés, meet in person from timeto-time, and complete projects together on-line to help students learn about careers and technology. CSFB Volunteers Light the Night for Leukemia & Lymphoma Society Sponsors for Educational Opportunities, Prep for Prep, I Have A Dream Foundation and Good Shepherd Services have had inner city student interns working at CSFB during the summer. These high school and college students work in all areas of CSFB. HEALTH March of Dimes Greater New York Chapter received more than $140,000 due to the fundraising efforts of the CSFB Walk America Team, including nearly 25 employees who walked and hundreds more who contributed to help us reach our longstanding commitment to this group. The AIDS Rides, The AIDS Vaccine Ride and AIDS Walk received more than $47,000 due to the fundraising efforts of a number of CSFB employees who raised money for research, providing support and promoting awareness for AIDS. Leukemia & Lymphoma Society received a combined total of over $25,000 and volunteer support from CSFB employees who participated in their annual fundraising efforts including “Team in Training”, “Man and Woman of the Year” and “Light the Night” by obtaining sponsorship pledges to help improve the quality of life of patients and their Friends are made at CSFB’s Counselor for a Day with Fresh Air Fund families. New York Blood Center received hundreds of pints of blood for area hospitals from CSFB employees who donated during our quarterly blood drives. Terence Cardinal Cooke Health Care Center and The Jewish Home and Hospital received over 400 Valentine’s Day cards and gifts from employees who took time to purchase and send heartfelt wishes to senior citizens living in nursing homes. American Heart Association’s Wall Street Run – Each year, a team of CSFB employees participates in the annual Wall Street Run to support the American Heart Association in their fight against heart disease and stroke. Happy Valentine’s Day – Terence Cardinal Cooke Health Care Center 16
Slide 20: Parkinson’s Unity Walk – CSFB employees teamed up for a two-mile loop around the park to support a cure for Parkinson’s disease. Every dollar raised goes directly to research to help find a cure. Avon 3-Day Breast Cancer Walk – The walk takes place in several cities where CSFB employees both live and work – Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, Seattle and Washington, D.C. Employees organize teams and participate by walking approximately 60 miles over three days to raise money and awareness for the fight against breast cancer. God’s Love We Deliver – CSFB employees prepare meals for people living with HIV/AIDS. Volunteers work in a professional 4,000 square feet kitchen with a trained chef chopping, cutting and preparing meals to be delivered to people living with this illness. Citymeals-on-Wheels – Each year, CSFB employees participate in the “Have-A-Heart” fundraising campaign where employees donate a portion of their lunch to provide hot, nutritious meals for homebound senior citizens. Additionally, throughout the year, CSFB volunteers write letters to homebound residents to lift their spirits. God’s Love We Deliver – Chefs for the Day PROGRAMS FOR THE ELDERLY While most of the Foundation’s efforts are dedicated to helping inner city youth, we also support programs and communities outside our mission where CSFB employees are personally involved. For this reason, we have developed special partnerships with elderly residents living in nursing homes needing extra attention. The results have been heartwarming, and include CSFB employees serving meals and visiting with senior residents who have very few family and friends with whom to talk or celebrate a holiday season. Two such examples are: CSFB Corporate Cupids – CSFB employees brighten hundreds of senior citizens’ lives on Valentine’s Day by purchasing or making special Valentine cards and including small gifts such as teddy bears, chocolates and crossword puzzles. CSFB Corporate Cupids bring smiles to residents living at The Jewish Home and Hospital, Terence Cardinal Cooke Health Care Center and The Visiting Neighbors Program. Elves for the Elderly – CSFB employees bring cheer during the holiday season to elderly residents by purchasing gifts for nursing home residents. Becoming an “Elf for the Elderly” is easy – CSFB employees choose to purchase something from one of the resident’s wish list, then they wrap and attach their gift with a holiday card. The CSFB Foundation makes the delivery to the nursing home in time for the holidays. Elves for the Elderly – occasionally Santa shows up, too A CSFB Corporate Cupid gift 17
Slide 21: COMMUNITY RESTORATION Riverside Valley Community Garden/Jenny’s Garden received many new plants and helping hands from the Information Technology Department who planted flowers to expand and preserve more green space in New York City. Habitat for Humanity New York produced “sweat equity” from hundreds of CSFB employees who spent their time and weekends helping to build affordable apartments for those who are less fortunate in Harlem, Brooklyn and the Bronx. Stuyvesant Square Park was spruced up when several volunteers from CSFB helped “mulch, edge, clean and green”, getting the Park ready for the summer months on New York Cares Spring Clean-Up Day. Madison Square Park – More than 35 employees and family members contributed to New Painting hallways with Publicolor at a New York City public school York City’s emotional and physical rebirth, by planting hundreds of daffodil bulbs in Madison Square Park in memory of those lives lost on September 11th. Next spring, these bulbs will bloom into “fields of gold” designed to lift the spirits of all New Yorkers and visitors. Publicolor – CSFB employees teamed up with Publicolor to help transform several inner city public schools – Jackie Robinson, St. Augustine, Immaculate Conception and John Jay High Schools. CSFB volunteers painted with students and discussed career and education choices – giving everyone a golden opportunity to share and exchange in an unforgettable and unique experience together. Greenwich House – CSFB employees volunteered their time and energy at Greenwich House, one of the country’s oldest and largest social service agencies. On the hottest day of the summer, volunteers painted Greenwich House’s historic gymnasium, which serves as a crucial recreation venue for the Greenwich House preschoolers and seniors, all of whom come from economically disadvantaged backgrounds. LaGuardia Center – Training Associates from IT participated in painting a nursery at LaGuardia Center in Harlem. The volunteers split into teams and helped brighten the lives of the children. Audrey Johnson Day Care Center – Employees from Corporate Events painted a mural at the Audrey Johnson Day Care Center in Brooklyn. New York Cares – A team of employees participated in the 10th Annual New York Cares Day by painting classroom murals and recreational areas at P.S. 142, The Amalia Castro School, located downtown near the site of the World Trade Center disaster. Habitat Handyman 18
Slide 22: RECREATIONAL ACTIVITIES New York Special Olympics Metro Tournament – Employees from CSFB participated in the 13th Annual Special Olympics Metro Tournament in New York. coaches. Fresh Air Fund’s CSFB Camp Counselor for the Day – A group of CSFB employees spent a day at one of the Fresh Air Fund camps in Fishkill, New York. The day at camp included meeting 9-12 year old campers who were spending a free, two-week summer vacation in the country. The CSFB volunteers organized a special scavenger hunt and decorated treasure boxes filled with items from the great outdoors. Children’s Hope Foundation – CSFB volunteers spent a Saturday afternoon helping Children’s Hope Foundation host their annual summer carnival at Columbia University. Children’s Hope Foundation aims to improve the quality of life for children and their families infected with HIV or AIDS. Volunteers managed carnival activities, such as games, arts and crafts, food and prizes. Rosie and Harry’s Place – A team from the Equity IT decorated t-shirts and made ice cream sundaes with children living at this temporary homeless shelter. Special Olympics team The employees helped escort and cheer on the athletes and distributed lunches to the participants and BOARD MEMBERSHIPS In addition to the volunteer activities described above, over 100 CSFB employees in the United States serve on the Boards of Directors of community groups, foundations, hospitals, social services agencies, educational institutions, disaster relief organizations, arts councils and recreation groups. Helping Hands – Durrance Elementary School 19
Slide 23: Departmental Partnerships The CSFB Foundation is committed to providing opportunities for employees that meet various work schedules and reflect employees’ areas of interest. Consequently, we work with many of the business line department heads and develop specific volunteer activities for their groups so our employees can continue to develop the spirit of teamwork in the community. INFORMATION TECHNOLOGY Creating T-shirts at Rosie and Harry’s Place – Equity IT Benjamin Banneker Academy in Brooklyn received a new computer lab thanks to the IT Department whose volunteers donated their time and talents installing and configuring 26 new personal computers and training a part-time technician to run the program at the school. Good Shepherd Services – A team of volunteers from IT worked long hours and evenings to make it possible for more than 100 girls and staff at several foster care group residencies to have computer access to learn Internet, Word, Excel and basic software programs. The computer lab will be used for education, SAT preparation, job search, résumé writing and job readiness. IT volunteers offered technical guidance and support for set up and configuration, wiring, cabling, installation and training. The computers are fully operational, and housed in a work-like environment with new furniture. Ronald McDonald House – Contributing technology skills does not always involve installing computers, as a team of IT volunteers who set out to provide the Ronald McDonald House of New York with a new website. Adopting the website as their volunteer project involved redesigning the current site and training staff members on how to maintain it. IT volunteers getting ready for a Luau at Terence Cardinal Cooke Health Care Center New York Cares Garden Beautification Project – Nearly 30 volunteers from IT “seeded up for a good cause” with New York Cares and helped to beautify New York City. The volunteers spent the afternoon digging, planting, mulching, and watering at Jenny’s Garden in Riverside Park at 142nd Street. Working together, they transformed a bare plot of land into a beautiful flower and shrub garden in just a few hours. High School of Economics and Finance – When the call came for technological assistance to help one of the schools displaced by the World Trade Center tragedy, CSFB IT volunteers stepped up to the challenge. The teachers and administrators at the High School of Economics and Finance, which had been relocated from the site to another high school on 33rd Street, found themselves with no computers and no way to return to their internal networks or the Internet. IT volunteers provided services to bring the students back on-line. A number of our vendors contributed equipment essential to the project, including IBM, Hewlett Packard and Microsoft. Learning the ropes at a CSFB trading desk 20
Slide 24: Career and College Series for At-Risk Youth – As part of the Foundation’s ongoing commitment to provide young people with opportunities to build better lives, the CSFB Foundation organized The Career and College Series for At-Risk Youth involving partner non-profits and specific departments within the Firm. Volunteers from IT shared their experiences and advice on career opportunities with young people participating in Henry Street Settlement’s Jobs For Youth Apprenticeship Program. about job opportunities and discussed their future goals and aspirations. Twilight Garden Club – During the summer, a group of IT volunteers spent early evenings with senior citizens at Terence Cardinal Cooke Center. The group quickly became known as the “Twilight Garden Club” because they decorated a small garden at the Center and hosted a one-hour social for the elderly residents. Volunteers used their team-building skills to transform an outdoor garden into a festive event. CRM crew – Habitat for Humanity Following the presentations, members from IT and other CSFB departments met with the young people CREDIT RISK MANAGEMENT DEPARTMENT Employees from Credit Risk Management (“CRM”) showed their “tools of the trade” by helping to build low-income housing at one of Habitat For Humanity’s site on East 170th Street in the Bronx. In partnership with CARE International, CRM employees from around the globe participated by sending educational gifts or care packages to preschool children in Orissa, India, an area devastated by floods last holiday season. HUMAN RESOURCES AND CAMPUS RECRUITING DEPARTMENT Volunteers from Human Resources (“HR”) sent hundreds of summer associates and analysts into several inner city schools and community centers splashing bright colors and hope across the walls, gyms and auditoriums. HR partnered with the Foundation on one of the most popular CSFB events, Take Our Daughters To Work Day. Several volunteers from HR served as role models and participated as guest speakers. HR volunteers also participated in our very first Career and College Services benefiting young people at the Police Athletic League. They helped to create the mold for a future series introducing young people to the business world and Wall Street. Greenwich House – 40 CSFB Summer Associates volunteered their time at Greenwich House, one of the country’s oldest and largest social service settlements. The Summer Associates painted Greenwich House’s historic gymnasium, which serves as a crucial recreation venue for the Greenwich House preschool and senior center. In addition, the CSFB volunteers visited with the preschoolers. Here’s looking at you, kid – Take Our Daughters to Work Day Greenwich House Buddies 21
Slide 25: LEGAL & COMPLIANCE DEPARTMENT The pro bono activities of members of Legal and Compliance, Americas are coordinated by a Pro Bono Committee. The Committee looks for and distributes information about pro bono opportunities; acts as a liaison between organizations that provide pro bono opportunities and LCD; and maintains a database of the pro bono efforts of LCD – Americas members. LCD – Americas is a member of New York Lawyers for the Public Interest (“NYLPI”), a non-profit organization that provides legal assistance to community-based organizations LCD employees assisting students from School for the Physical City and individuals through its own staff attorneys and through its member law firms and corporate legal departments. A number of LCD members have participated in NYLPI projects. LCD – Americas has funded a fellowship through the NYLPI Lawyers that will enable a lawyer to work for a year at NYLPI. She will research ways of reducing the barriers linguistic minorities face in trying to access health care. LCD – Americas is committed to providing pro bono services to a variety of clients ranging from cultural institutions to individuals in court cases. Examples of some of the individual pro bono projects in LCD are: Working with the Scouts, LCD – Americas set up a Law Explorers Post at Credit Suisse First Boston. The Department organizes monthly programs to teach high school students about the practice of law as a possible career choice. · · · Working on a case for a political refugee from Burma; Providing legal assistance to iMentor, an Internet-based children’s mentoring program; Helping the National Academy of Design with various corporate governance and other matters. The NAD was founded in 1825 and includes an artists’ association, a museum and a school of fine arts; · · · · · Serving on a Housing Court case as a guardian ad litem; Participating in the Association of the Bar of the City of New York Elderlaw Clinic; Counseling indigent elderly people regarding wills, health, welfare, and benefits issues; Representing an individual, convicted of murder, in his parole application before the Mississippi Parole Board; Conducting research on historical preservation and landmarks law and zoning regulations for the Massachusetts Historical Commission, and preparing a memorandum on these subjects for a local planning board of a Massachusetts town; and · Future “lawyer-in-training” at CSFB Serving as a volunteer prinicipal in the Principal for a Day program organized by PENCIL. 22
Slide 26: C o l l e c t i o n s a n d D r i v e s To B e n e f i t Partner Non-Profits Back to School supplies drive benefiting Teach for America and New York City’s most disadvantaged schools. CSFB employees donated school supplies to help teachers in more than 70 schools in Harlem, Washington Heights and the South Bronx. Several departments pooled their money and their volunteer efforts, purchasing school supplies as a team and class effort. CSFB Coats Up for a Good Cause employees donated hundreds of gently-worn winter coats to support men, women and children living at homeless shelters, as well as families served by agencies and other community organizations helping less fortunate New Yorkers make it through the winter season. CSFB Suits Up for a Good Cause employees donated hundreds of interview-appropriate clothing to support low-income women and men seeking employment in New York City. Donated suits and interview-appropriate attire went directly to the non-profit organizations, Dress for Success and Career Gear, which provide clothing to needy job applicants. CSFB Blood Drives – Credit Suisse First Boston is a strong supporter of donating blood. CSFB employees donate thousands of pints of blood to support hospitals in the New York region. In partnership with The New York Blood Center, the Foundation supports firmwide quarterly blood drives providing nearly 250 hospitals with blood donations from CSFB employees. CSFB At Home for the Holidays – Each holiday season, CSFB employees donate toys and gifts for children and teenagers to be distributed among several charitable organizations. CSFB employees have the gift of giving, playing “Secret Santa” by Betsy Davis Vice President Volunteer Programs and Services CSFB Foundation Cell Phone Drive – CSFB employees donated hundreds of cellular phones to help victims of domestic violence, senior citizens, the homebound and neighborhood watch groups. Donated cell phones were reprogrammed to call emergency services directly, and distributed to those New Yorkers who need help quickly. Eleven Madison Avenue, 9th Fl. New York, New York 10010 (212) 325-1814 (Telephone) (212) 325-6665 (Fax) answering and making thousands of holiday wishes come true for needy children throughout the New York region. CSFB has a very special commitment to making a difference in the communities where we work and live. If you are interested in volunteering, or would like the Foundation to assist your business division or department in organizing a community service project, please contact: CSFB Coats Up for a Good Cause MINI-GRANTS As an incentive to promote volunteerism and support employees who volunteer on an ongoing basis, the CSFB Foundation administers a mini-grant program. Employees who serve as volunteers or board members can apply for an individual or team grant for their qualifying not-for-profit organization. Employees can find more information about the mini-grant program on the CSFB Intranet Page under Philanthropic Programs. 23
Slide 27: V. DISASTER RELIEF Over the years, CSFB has responded to disasters around the world by providing disaster relief funds and by administering employee giving campaigns to aid in those relief efforts. Since 1989, CSFB has contributed over $7 million to humanitarian aid agencies including the American Red Cross, the Pan American Development Foundation and CARE. In addition, the CSFB Foundation established a partnership with the American Red Cross Disaster Relief Fund in its efforts to prepare for disasters in the United States. Examples of more recent efforts include: · · CSFB has responded to disasters around the world by providing disaster relief funds and by organizing employee volunteers to aid in particular relief efforts. CSFB and its employees contributed more than $67,000 to CARE to help aid the Kosovo relief efforts. CSFB and its employees contributed over $100,000 to the American Red Cross to support the earthquake relief efforts in northwestern Turkey. · · CSFB and its employees contributed $55,000 to the Red Cross Taiwan Earthquake Relief Fund. The CSFB Foundation established a partnership with CARE International. As appropriate, CSFB contacts CARE and instructs them to allocate funds to aid in disaster relief efforts globally. The first allocation aided in the relief efforts in Ethiopia, where the effects of a three year drought have led to critical conditions throughout the Horn of Africa. The second and third allocations aided in the relief efforts in India and Bangladesh, where massive flooding caused destruction throughout those areas, and in El Salvador, where the dengue fever epidemic took hold. · · CSFB’s Disaster Relief Program contributed to the New Life Medical and Educational Trust to aid the Indian Village of Orissa to recover from a damaging cyclone. In the aftermath of September 11, 2001, the CSFB Foundation created a special fund to provide financial assistance to the families of public service employees – firefighters, police officers and medical workers – who were lost in the World Trade Center tragedy. To date, CSFB has donated $5.125 million to The New York Police and Fire Widows’ and Children’s Benefit Fund to help the families of public service workers. Townspeople in Orissa, India in front of their newly-built houses 24
Slide 28: Since September 11th, the CSFB Foundation coordinated the following volunteer efforts: “ We r e g a i n e d a s e n s e of motivation and · · Sent 200 volunteers to the Emergency Operations Center to assist the American Red Cross in serving meals to the relief and rescue workers and organizing supplies. Sent another 150 volunteers to prepare meals at a restaurant downtown to feed relief and recovery workers at Ground Zero. CSFB volunteers worked weekends for six hour shifts totaling more than 900 hours of service. focus while v o l u n t e e r i n g . We w e r e all grateful for the chance to offer a helping hand.” · CSFB employees immediately responded to the American Red Cross’ request for office supplies. During one lunch hour, our employees purchased and donated hundreds of workplace supplies. CSFB Disaster Relief Vo l u n t e e r f r o m Department of Human Resources · Partnered our IT Department with the Spirit of New York/New Jersey Chef’s preparing meals for the relief and rescue workers. Our IT Department donated and installed a laptop computer, printer and fax to assist the chefs with their inventory and tracking of food and supplies needed at Ground Zero. · Linked our IT Department with MOUSE (Making Opportunities for Upgrading Schools & Education). IBM and Hewlett Packard donated six computers and printers to the School of Economics & Finance which was damaged by the tragedy. CSFB volunteers donated their time to set up the computers and assisted teachers and students in gaining access to the technology. · · Hosted lunch and donated conference space for Voluntary Organizations Active in Disaster Relief (VOAD). Supported an Emergency “I Love New York Blood Drive” for those injured at the World Trade Center. “Bearing witness to the intensity of the emergency workers’ efforts, we were reminded of the basic g o o d n e s s o f h u m a n i t y. ” CSFB Disaster Relief Vo l u n t e e r Heroes of our time Serving food at the site of the World Trade Center disaster 25
Slide 29: VI. CSFB PERSPECTIVES CSFB Perspectives showcases volunteers and their achievements. The individuals Success featured here, along with many others, embody the qualities and values we strive to instill To l a u g h o f t e n a n d m u c h ; To w i n t h e r e s p e c t o f intelligent people And affection of children; to earn the Appreciation of honest critics and Endure the betrayal of false friends; To a p p r e c i a t e b e a u t y ; t o find the best In others; to leave the world a bit Better . . . This is to have succeeded. – R a l p h Wa l d o E m e r s o n at our Firm. And they represent the successes the Firm encourages. We asked each of them to reflect on what volunteering means to them – and to share their experiences in such a way as to inspire others to catch the spirit and become a volunteer. With approximately 26,000 employees worldwide, CSFB is keenly aware of its responsibilities to give something back to the communities where we work and live. We believe that important skills such as teamwork, confidence, responsibility and problemsolving should be nurtured and enhanced in the workplace. Our shared commitment to the community dates back many years and today represents a key part of CSFB’s culture. G.T. Sweeney – Managing Director, Chief Technology Officer “I think that volunteering is part of social responsibility. These projects create such positive energy. It is not just about making the world that we live in a better place, it is about learning something new – about myself; about other people; about other lifestyles; about other cultures. I get so much more out of these projects than I give. They make me a better person. I cannot create world peace, but I can do my share. Complaining about all of the bad things that happen in the world doesn’t do much good. You cannot control what others will do, but you can control what you do. Random acts of kindness or being part of a team of diverse individuals who come together to do something good – a team which might be predisposed to resent or misunderstand each other but instead shares something positive – that we can do. It is amazing what you can do with a commitment of just one hour a week. It’s more amazing how much energy that will breathe into all of the other things you do in your life.” Under the leadership of G.T. Sweeney, the IT Department provided valuable services to the community by contributing technology skills and equipment to organizations and by bringing the power of technology to schools and partner organizations in New York City. Additionally, their efforts went far beyond the classroom and computers. In partnership with the CSFB Foundation, IT volunteers also participated in building homes for lowincome families with Habitat for Humanity, visited with senior citizens at Terence Cardinal Cooke Health Care Center, presented information on careers in technology to inner city youth through the Career and College Series, revitalized parks and painted schools through New York Cares, and led fundraising efforts to benefit the Leukemia & Lymphoma Society and Parkinson’s Disease. G.T. Sweeney also serves as a CSFB student sponsor through Student Sponsor Partners, and has volunteered as a coach, G.T. Sweeney offering technical advice to students from Good Shepherd Services tutor and mentor for children through several New York City-based organizations. 26
Slide 30: Sandra E. Pederzini, Assistant Vice President, Legal & Compliance Department “I volunteer because I have seen so many great kids who only need someone to pay attention to them and make them feel special. All they want is to know that someone cares about them, their problems and their struggles. It can be something as simple as helping them out with a math problem or as complex as helping them to decide on which colleges are most appropriate. For me, it only takes an hour a week sometimes, but to the child it is so much more because they know they can count on someone to help them and listen to them and make them feel special and important. It’s also a lot of fun to watch the students improve and progress from year-to-year. The students enjoy it so much – that they’ve asked if they can bring their friends over to CSFB to study with them. It’s amazing to experience how much you can give and also how much you receive from the time spent with a child.” Sandi Pederzini has been tutoring students from The School for the Physical City for the past three years. She makes it possible for approximately 25 students to come to the offices weekly, and coordinates CSFB volunteers to tutor middle and high school students in math, science, reading, humanities, spelling and SAT preparation. According to Sandi, volunteering is a win-win situation – both the beneficiaries and the volunteers profit. Sandi also mentors a young woman in foster care at Good Shepherd Services, and participates as a student sponsor through the Student Sponsor Partners Program at CSFB. Sandi mentoring a student from The School for the Physical City Nadine Triola, Vice President, Fixed Income “I believe that it’s important to give back to the community especially since I feel so privileged and fortunate. Last year, my responsibilities at the Firm increased tremendously, and it seemed my life was dedicated to work. During that time, I felt that something was missing. What am I doing? I had less time for friends and family and certainly didn’t think I had time for volunteering. I decided I was going to make it a priority to start getting involved in some of the volunteer opportunities available through the Foundation. One of the first projects I participated in was the CSFB-New York Cares Coat Sorting Night, where a team of us sorted through thousands of donated winter coats to help keep the needy New Yorkers warm through the winter season. Once you catch the volunteer spirit, it becomes contagious, and in each case, you become more and more aware of how you can help make a difference in someone else’s life. I have built new relationships in the community, and feel this has helped balance out my life. I can only hope that in some small way I can make a difference. I think it’s wonderful that volunteer opportunities are encouraged at CSFB, especially since the environment can be demanding at times.” Nadine Triola, participating as a CSFB team member, has raised funds for the Leukemia & Lymphoma Society through the Team-In-Training program; coordinated traders and salespeople from Fixed Income to take part in the Firm’s annual Take Our Daughters to Work Day and reads with an elementary school student weekly through Everybody Wins–Power Lunch Reading Program. 27 Nadine reading with student during Everybody Wins–Power Lunch
Slide 31: VII. GRANT MAKING GUIDELINES Current Grant Making Guidelines The CSFB Foundation supports organizations whose primary goals are education and programs that benefit inner city youth. The Foundation makes grants to organizations with capable leaders who have the ability to fulfill the goals outlined in the grant proposal. The Foundation also values organizations that provide volunteer opportunities for CSFB employees. The Foundation’s Board of Trustees, who have the ultimate responsibility for making grants, has grant making meetings each year in March and in September. The Foundation receives more proposals than it can fund. Preference is given to proposals consistent with the Foundation’s mission where a grant from the Foundation promises to make a difference, seems likely to attract the support of other funders in subsequent years, provides community volunteer opportunities for CSFB employees and offers the greatest promise of a successful outcome. Much of the Foundation’s support is focused on programs in New York City, but it also includes other cities in the U.S., as well as a number of countries in Europe and Asia Pacific. The Foundation accepts the New York Regional Association of Grantmakers (NYRAG), “ . . . Thank you for assisting our students to achieve their goals, realize their dreams, and provide hope for the future of our s h a r e d c o m m u n i t y. ” Prep for Prep “ . . . Yo u r g i f t provides resources to help children in New Yo r k g a i n a fundamental understanding of the free enterprise system and tools to create opportunities for their future.” New York/New Jersey Area Common Application Form. Grant applications should be submitted no later than the 15th of February for spring/summer distributions and the 15th of August for fall/winter distributions. Please be sure to include all of the following with your application: · · · · · Current IRS documentation certifying that the applicant is tax-exempt under 501(c)(3) of the Internal Revenue Code Names and affiliations of the Board of Directors List of current corporate and foundation supporters Audited Financial Statement (if available) Information about your organization and the specific project, if any RESTRICTIONS Junior Achievement of N e w Yo r k The Foundation does not generally support grants to individuals or scholarship programs, nor does it generally provide support to medical research, religious, veteran, fraternal or political programs. It generally does not make grants to support capital campaigns, dinners or events, sponsorships, matching gifts or endowments. Please do not send videotapes unless specifically requested. Grant applications should be directed to: Ms. Casey Karel Executive Director Credit Suisse First Boston Foundation 11 Madison Avenue New York, NY 10010 28
Slide 32: C S F B F O U N D AT I O N T R U S T E E S Credit Suisse Group’s Approach to Philanthropy: As part of the Swiss business community, Credit Suisse Group and its business units take their responsibilities to the wider Swiss and international community seriously. This commitment manifests itself in efforts to take an active part in shaping the business environment, within the context of its business activities to make an appropriate contribution to private organizations with charitable, social, cultural, and civic aims, to promote educational and academic activities which are of particular interest to the Company. Liza Bailey, Managing Director, Co-Head of Consumer Products Banking Group Paul Calello, Managing Director, Head of Global Equity Derivatives, Convertibles and Risk Arbitrage; Member of the Executive Board Gates Helms Hawn, Managing Director Senior Advisor Grace Koo, Managing Director, Equity Derivatives and Convertibles Unit Joseph T. McLaughlin, Managing Director Senior Advisor, Chairman of the Credit Suisse First Boston Foundation Trust Elizabeth Millard, Director and Counsel, Legal & Compliance Department Arthur U. Mbanefo, Managing Director, Head of Listed and OTC Equity Derivatives Trading Americas Thomas R. Nides, Chief Administrative Officer; Member of the Executive Board Robert O’Brien, Managing Director; Chief Credit Officer David O’Leary, Managing Director, Global Head of Human Resources; Deputy Chairman of the Credit Suisse First Boston Foundation Trust Douglas Paul, Vice Chairman, Fixed Income Michael Schmertzler, Managing Director, Co-Head of U.S. and Canadian Private Equity Richard E. Thornburgh, Vice Chairman of the Executive Board; Chief Financial Officer Joseph T. McLaughlin, Chairman – (212) 325-4498 Ginny Coy, Administrative Assistant – (212) 325-4511 Casey Karel, Executive Director – (212) 325-4199 Betsy Davis, Volunteer Programs and Services Manager – (212) 325-1814 Tricia Lawrence-Savané, Grants Manager – (212) 325-4458 CSFB Foundation Eleven Madison Avenue – 9th Floor New York, NY 10010 (212) 325-6665 (fax) (212) 325-2389 (recorded information)
Slide 33: VIII. CONCLUSION As a significant part of Credit Suisse Group, Credit Suisse First Boston and its philanthropic arm, the Credit Suisse First Boston Foundation, support organizations, programs and cultural institutions in the major locations where we work and live. With financial support and dedicated employee volunteers, the Firm strives to empower constructive change and ensure the future by focusing primarily on programs and education serving young people across the globe. We strive to be a responsible corporate citizen in the communities where we work and live. Our success is closely linked to the overall well-being of these communities and we make our financial contributions as a reflection of our faith in, and long-term commitment to, the greater community in which we operate. Our employees are a critical part of our overall engagement in critical areas such as youth development, education and human services. The volunteer efforts of dedicated women and men at Credit Suisse First Boston reinforce our charitable commitment and give it a greater impact – and a more human dimension. CSFB Foundation Chairman and Staff From left to right, seated: Ginny Coy, Casey Karel Standing: Betsy Davis, Joseph McLaughlin, Tricia Lawrence-Savané 29