1) Over 400 CSFB employees volunteered with Habitat for Humanity to help build a home for the Swaby family in Brooklyn over the past year. This project helped foster teamwork and collaboration among employees from different divisions of the firm. 2) CSFB has also supported Habitat projects in the Bronx and London boroughs of Southwark and Tower Hamlets by providing volunteers, donations, and technical expertise to help build homes for families in need. Over 25 CSFB teams volunteered with the Southwark Habitat affiliate in 2003. 3) CSFB's involvement with Habitat demonstrates its commitment to partnering with community organizations and leveraging employee volunteerism to positively impact local neighborhoods.

1. b
f
s
CREDIT SUISSE FIRST BOSTON FOUNDATION
social
responsibility
report

2. contents 3letter Mack
from
John J.
20
americas
13 Robin Hood
Foundation
9 15 Henry Street
Settlement
16 Everybody Wins!
4 our core 17 Publicolor
mission 18 New York City FIRST
19 Good Shepherd
5our giving 15 Services
20
philosophy Madison Square
Park Conservancy
7 Grant Making 21 SMART
8 Employee Volunteer 22 Manhattan
Program Comprehensive Night
and Day High School
9 Habitat for Humanity
23 Gordon A. Rich
Memorial Foundation
24 SwissFund Project
Peaks
Fresh Air
25 swimming
for charity
Manhattan and
Channel Swim

3. developing
future leaders
41 A Better Chance
42 Prep for Prep
The Albert G. Oliver Program
43 The Hetrick-Martin
Institute
33 Leadership at Home
europe
29 Charity
of the Year
30 Tower Hamlets
Education Business
Partnership
31 East London
Business Alliance
42
Isle of Dogs Community
Foundation
32 SS Robin Trust
38
SMart Network Art
Workshop
33 Kilimanjaro Challenge
asia pacific
35 Asia-Pacific Schools Initiative
36 CSFB and Oxfam
38 Poinsettia Primary School,
Hong Kong
39 Hariprasad Childcare Centre,
Singapore
Group Home for Abused &
Neglected Children, Seoul
35

4. Dear Colleagues and Friends,
I am pleased to introduce the Credit Suisse First
Boston Foundation Social Responsibility Report,
which outlines the combined philanthropic efforts
of the CSFB Foundation and the employees of the
Firm. The collective elements of foundation giving,
community activism and volunteer activities reflect
the best of CSFB – and the desire we all share to
make a positive contribution to the communities
in which we live and work.
At CSFB, we are trying to build a culture that encourages teamwork, and we
are taking a long-term approach toward achieving our goals. The same principles
apply to our philanthropic endeavors. We work in teams, not only by volunteering
alongside our colleagues but also by partnering with local organizations that are
trying to build better communities. And we are taking the long view by investing
resources in projects focused on education and children – the results of which, we
hope, will have a positive impact for many years to come.
The mission of the CSFB Foundation is to form active partnerships with
organizations that promote education and benefit disadvantaged youth, as well as
contribute to targeted community health, human service and cultural organizations.
This report provides an overview of those initiatives, our various grant-making
activities and our volunteer programs – as well as what we as a Firm have been
able to accomplish by leveraging our relationships with our community, our
clients and each other.
I would like to thank everyone who has been supportive of the Foundation’s
efforts by committing their time, making contributions, and revealing a sense of
collective responsibility and inspiration that serves the diverse, global community
in which we operate. I believe that these endeavors reflect some of our finest work.
John J. Mack
Chief Executive Officer
Credit Suisse First Boston
3

5. our
core
mission The mission of the Credit Suisse
First Boston Foundation is
to form partnerships with
organizations that promote
education and benefit at-risk
youth, principally in parts of the United
States where the Firm does business.
In addition, the Foundation supports
various community, health and human
service organizations in which teams of
CSFB employees are active.
CSFB’s European Charities Committee and Asia Pacific Philanthropic
Committee are also dedicated to missions that stress the development
and well-being of young people and other community residents.
In the United States and Europe, we partner with a variety of
community-based and after-school programs devoted to mentoring,
neighborhood building and other activities. In the Asia-Pacific
region, we have focused primarily on building, renovating and
equipping educational facilities.
Wherever our people become
engaged in such programs – whether
in the Americas, Europe or Asia –
they serve the needs of their local
communities.

6. our
giving The CSFB Foundation has developed a clear
philosophy and coherent strategy to fulfill its core
mission of benefiting at-risk youth and their families. Specifically,
we believe in supporting programs and organizations that have:
● passionate and capable leaders who ● the ability to provide meaningful oppor-
can deliver on the goals stated in their tunities for CSFB volunteers to participate
grant applications in their programs and/or operations
● genuine, identifiable needs for specific ● the potential to attract increased levels
grants so that our contributions can make of support from other funding sources in
a real difference the future
● stable finances
“ For CSFB, working together across the entire Firm
to help clients achieve their goals is the key to business
success. We’re trying to bring that same focus and
collaboration to the work we do in our communities.”
Thomas R. Nides, CSFB Chief Administrative Officer and CSFB Foundation Trustee
5

7. “ New friendships develop
and relationships become stronger
2003
when groups of employees get out
Contributions
by Category
in the community to work toward
a common goal.”
human G.T. Sweeney, CSFB Managing Director,
services Information Technology and
CSFB Foundation Chairman
24%
education
53%
sports &
r e c r e a t i o n 1%
a r t s 3%
h e a l t h 2%
youth
development
17%
New Policy Directions In 2003, our Board of Trustees
significantly increased the CSFB Foundation’s emphasis on several
broad mandates.
Aligning volunteer activities and grant-making programs:
We now direct our grants whenever possible to recipients that can use
the talents and hands-on involvement of our employees in various ways.
This policy ensures that our funds are utilized in the most effective
manner – and that our partnership with the grantee will enrich CSFB’s
culture and working environment to the greatest possible extent.
Establishing stronger partnerships with fewer
organizations: While still determined to reach out to as many
deserving organizations as possible, we now focus increasingly on making
more substantial grants that can make a significant difference in the
communities we support.
2003
Enhancing global initiatives: As CSFB’s activities have become Contributions
increasingly global in scope, so have the Foundation’s. Under the auspices
by Region
of The European Charities Committee and the Asia Pacific Philanthropic
Committee, we have stepped up our efforts to create global community
partnerships with organizations such as Habitat for Humanity, which has
programs in many parts of the world, and to engage employees in all our
geographic locations. Since more than half of our employees now work
Americas
outside the United States, we are rapidly developing new philanthropic $3,495,400
and volunteer programs that touch the lives of people from East London Europe
to Tanzania and Switzerland to Singapore. $836,024
Governance CSFB Foundation trustees are responsible for grant-
making decisions and programs in the United States. The European
Asia
Charities Committee is responsible for all grants and programs administered
Pacific
in Europe, and the Asia Pacific Philanthropic Committee manages and $393,685
oversees grants and other charitable activities in the Asia-Pacific region.
To t a l :
$4,725,109
6

8. Grant Making The CSFB Foundation provides substantial
assistance to a wide range of grant recipients every year. These grants go primarily to
supporting programs and organizations that share our vision of benefiting at-risk youth
through education and other means, such as health care, recreation, affordable housing
and community activities. In 2003, we made 130 cash grants across the United States,
ranging in size from $3,000 to $600,000. Most of these were related to education.
Because philanthropic funds are limited, we seek to make every donated dollar count,
wherever it is spent. To this end, we have adopted grant-making guidelines that favor
outstanding organizations whose missions are consistent with our own – and that are
capable of successfully accomplishing the ambitious, tangible goals expressed to us
during the application process. Where appropriate, we believe in supporting programs
and organizations over a period of years. However, we are also very careful to ensure
that we are providing opportunities to as wide a range of potential recipients as we can.
In addition, we take into account the volunteer interests of our employees, whose
participation in Foundation-related activities is an integral part of our overall mission. To
help CSFB employees and encourage them to give their time, we maintain a mini-grant
program designed to provide smaller amounts of funding to causes that they champion,
often in their own home communities.
While grant-making is a centrally controlled, analytical process overseen by the
Foundation’s Board of Trustees, it is also about inclusion and reaching out. We
continually look to address the needs of grant recipients and applicants, by keeping our
demands on them simple and streamlined. Moreover, we make a major effort – through
networking, attending seminars and conferences and engaging in research – to keep
abreast of developments in relevant communities in the United States and overseas that
affect us and our partner organizations.
“ If every business in New York City were
to follow CSFB’s lead, we would have no more
poverty in New York.” David Saltzman, Executive Director, Robin Hood Foundation
7

9. “ It seems the whole CSFB
world is now doing little things
here and there to help out
in the community. Lots of little
things soon make a big thing...”
Clive Broadbent, CSFB Director of Infrastructure Service Delivery, London
Employee Volunteer Program
A defining feature of the CSFB Foundation, the Employee Volunteer Program is a
strategic resource for communities and a valuable asset for the divisions of CSFB.
One of the Foundation’s main goals is to involve CSFB employees in volunteer
efforts – both to benefit the young people and others whom they can help and to foster
the development of a positive, energetic community-oriented culture within the Firm.
The Employee Volunteer Program, which is directed mainly by employee interests,
offers dozens of opportunities for volunteer involvement each year and has already
enrolled a significant portion of the Firm’s global workforce in mentoring, tutoring and
other important activities.
In 2003, thousands of CSFB employees, family members
and friends touched the lives of countless disadvantaged
youths, senior citizens and their families by contributing
thousands of volunteer hours to programs in their local
communities. They befriended and gave academic
assistance to students, painted school facilities, visited
elderly citizens at home or in community centers, provided
winter coats and food to the needy, and served on non-profit
boards – to name just a few of their activities.
Our Foundation continually explores ways to build enthusiasm
at CSFB and to make volunteering enjoyable for employees.
We offer ongoing and one-time opportunities, individual and
team-based projects, and ways of getting involved at many
different levels of commitment. In addition, when employees
come to the Foundation with an interest or a set of goals,
we try our best to find the right situation for them – and,
when appropriate, to help them build volunteer teams within
CSFB in support of a particular cause.
By being sensitive to employees’ interests, we make it
possible for them to give their time and make the volunteer
program an integral part of their lives.

10. Habitat for Humanity CSFB’s work with
Habitat for Humanity in both New York and London is a prime
example of successful collaboration between our employee
volunteers and a vibrant community organization. Founded in
the United States, Habitat for Humanity has built more than
100,000 houses worldwide with a unique combination of skilled
and unskilled labor, donated materials, and funding from
companies such as CSFB, which is a major supporter.
New York: Brooklyn and the Bronx Like all its affiliates, Habitat
for Humanity-NYC uses the sweat equity of volunteer groups and their family partners
to build simple, decent houses for first-time homeowners on terms low-income families
can afford. The families, selected by Habitat’s rigorous interview process, volunteer 250
hours of their own labor in place of a financial down payment. In return, they can buy
new homes in their own neighborhoods at cost, with long-term, interest-free mortgages –
giving their children a safe place to grow up and strengthening their communities in
the process. The mortgage payments go into a special fund that is used to build more
houses for other families in need.
Corporate partners such as the CSFB Foundation make substantial grants to defray the
construction costs of adopting an entire home – and then supply volunteers on a
continuing basis until the home is complete.
“ We’re so pleased about the tremendous contribution
CSFB has made to Habitat–by recruiting volunteers
and organizing them, supplying Board and Leadership
Council members, and providing an example of how
to give back to the community.” Roland Lewis, Executive Director, Habitat for Humanity-NYC
9

11. Over the last year, more than 400 CSFB employees from different desks within the
Equities department spent their Saturdays armed with hammers, saws and nails. Many
returned several times to work side by side with the Swaby family, whom they got to
know quite well. Grace Koo, CSFB managing director, Equity Options and foundation
trustee, initiated the project and started the ball rolling by getting other managing
directors to sign up. One early volunteer was Brady Dougan, co-president of CSFB,
who described how “differences among members of the Firm evaporate” when employees
from all levels do hands-on work together. “At one point,” he explained, “it started to
pour down rain on a big pile of plywood sheets, and without anybody ordering people
around, the whole group made a big line to pass the wood and stack it in a dry place. It
was all done very efficiently in about five minutes.” Both Brady and Grace say that this
spontaneous team spirit carried over into the office thereafter.
The popularity of the Equities project inspired the Fixed Income division to adopt its own
Habitat house within a 13-building unit in Mott Haven, the Bronx. CSFB broke ground
on this three-bedroom, single-family house in August – under the watchful eye of Doug
Paul, CSFB vice chairman of Fixed Income and foundation trustee, who has since
joined the Habitat for Humanity-NYC board. CSFB volunteers will continue to donate
not only sweat equity but also technical expertise and in-kind contributions to Habitat
projects: One IT team has already rewired a group of Habitat homes for Internet
access. Says Doug, “The more employees at the Firm who get involved, the better.
I like to think that CSFB and Habitat will be working closely together for many years to
come – and that we might be building houses in many locations around the world.”
London: Southwark and Tower Hamlets The London borough
of Southwark is one of the poorest in England. A higher percentage of its population
lives in social housing than in any other borough – and more than 97% of Southwark
households cannot afford a commercial mortgage.
The housing that Southwark Habitat for Humanity (SHFH) provides is thus desperately
needed by individual families and by the entire local community. Beginning in 1998,
CSFB volunteers helped SHFH build its first houses in the area for four low-income
families –16 people in all – that were in need of decent living spaces. All the houses had
three or more bedrooms and a garden. Since then, SHFH has built new homes for
11 more families, with CSFB employees putting in their fair share of the hard work. In
2003, more than 25 CSFB teams volunteered, and many staff members came out to
work several times. “Habitat,” said one, “is habit-forming.”
Now CSFB is helping Habitat move into London’s East End. A financial contributor
since early 2002, The European Charities Committee made a major donation in 2003
to the Hopemaker Appeal that will help to launch the new project in Tower Hamlets,
the borough where the Firm’s London offices are located.
10

12. “ Our work with Habitat in Southwark has been so
successful for us that we now include teambuilding
days in some of our recruiting and training programs.
A Brooklyn Tale Early one Saturday We look forward to welcoming Habitat to our own
morning in September, a group of CSFB
Equities department employees headed for
London neighborhood in 2004.” Jon Grussing, CSFB Managing Director
the Bedford-Stuyvesant section of Brooklyn
of Investment Banking
for the dedication of the house they had
helped Merna Swaby and her family build
through a CSFB Foundation grant to Habitat
for Humanity-NYC. Shortly before the house
was ready, Merna Swaby came to the CSFB
Foundation to talk about her new home. She
said: “I have two children, aged 15 and nine,
and I’m currently taking care of my niece
who’s 11, and they just can’t wait! We’re now
in a very small apartment…
“Credit Suisse is great because they vol-
unteered and brought lunch, they’re very
friendly, they tell jokes…they’re the favorite
of all the 20 other family partners who will
have new Habitat houses on Willoughby
Street in Brooklyn. I put in 250 hours of
work on the house myself…more, because
every time Credit Suisse was there, I wanted
to go out and work.
“I was looking for a home for many years,
and I got frustrated. Then someone told me
about Habitat; I’ve been on their list since
1999. Now the kids and I drive past the new
house almost every day…my mom is around
the corner, my sister is down the block. It’s
like a happy neighborhood. I’m very grateful
for what you all have done, and I hope
someone else can be as happy as I am.”
11

13. americas
“ CSFB has made a very
significant investment in our
work over time, but just as
important, they have been
thought-partners, visionaries,
leaders who are willing to roll
up their sleeves and do hard,
hard work. They are the gold–
no, the platinum–standard.”
David Saltzman, Executive Director, Robin Hood Foundation

14. Students enjoying their new school
library, one of 14 built so far as part
of the partnership between CSFB,
Robin Hood and The New York City
Department of Education.
“ CSFB is an extraordinary and valuable partner for
Robin Hood. Together, we’ve been able to do more
to save lives and change fates than Robin Hood
could do on its own. David Saltzman, Executive Director, Robin Hood Foundation
Robin Hood Foundation One of the best-known charities in New York City,
The Robin Hood Foundation delivers as much grant money every year to benefit local
citizens as the nation’s largest foundations. Since 1988, Robin Hood has targeted poverty
in New York City by applying sound investment principles to philanthropy. Its approach is
simple: 100% of every donation it receives goes directly to help poor New Yorkers –
while the organization’s own board of directors underwrites all its fundraising and
administrative expenses. Robin Hood’s philosophy is equally simple: to attack the numer-
ous and often overlapping root causes of poverty through preventive programs that focus
on early childhood, education, youth and job training. Robin Hood also funds basic survival
programs targeting healthcare, hunger, housing and domestic violence. Its strategy is to
give financial, management and technical support to other solid organizations devoted to
these same goals.
Because its focus on young people of all ages parallels our own, Robin Hood is a natural
partner for the CSFB Foundation. Five years ago, Robin Hood approached us for support
of its new Library Initiative to renovate or create libraries in New York City elementary
schools. With the passionate support of our executive director, Casey Karel, the
Foundation decided to give Robin Hood two major two-year grants to help fund Phases I
and II of the Library Initiative. Robin Hood remains our “leadership” grantee organization,
and the relationship between us continues to broaden.
David Saltzman, Robin Hood’s executive director, insists that, while our grants have
played a key role in the ongoing success of this core Robin Hood program, CSFB’s
contribution goes far beyond the dollars. In his words, “There are four things that
exemplify CSFB’s special brand of partnership with us:
“First, funding our Library Initiative to create libraries in New York City public schools.
CSFB has been the chief leader of this initiative, contributing US $2.4 million that has
made this program possible.”
Robin Hood believes that a child who can’t read is almost guaranteed a life of poverty.
The Library Initiative, begun in 1999, is a comprehensive, groundbreaking partnership
between Robin Hood and the New York City Department of Education, with support from
the mayor, corporate donors and volunteer architects. Its basic goal is to improve literacy
and achievement in the public schools by turning elementary schools – particularly low-
performing schools in high-poverty neighborhoods – into vibrant centers of teaching and
learning.
With CSFB’s assistance, 14 magnificent new libraries have now been built, designed by
some of New York’s leading architects and equipped with the latest technology, extensive
collections of books, specially designed furniture, and flexible space appropriate for many
different uses. Librarians have been chosen and are being trained to receive their masters
degrees in library science. The program also includes many other elements, such as helping
principals to develop strategies for using the libraries to maximum advantage. Third-party
13

15. John Mack co-chairs the
Robin Hood benefit, which
data for 2002-2003 showed that the percentage of students in Library Initiative schools
raised nearly US $17 million
who were performing at or above grade level rose – while the percentage of such students
in a single evening.
at other schools fell.
In 2002, the initiative entered its second phase: 21 more libraries throughout the five
boroughs have now been designed and construction on 14 of them is well underway.
In the spring of 2003, the new library CSFB helped to build at P.S. 149 in Harlem was
dedicated to the late Gordon A. Rich, a CSFB employee who loved reading and cared
deeply about children (see page 23).
“Second, spearheading our 2003 benefit. John Mack co-chaired a benefit that raised
nearly US $17 million in one evening, breaking all records for a single night of fundraising
in New York City.” Robin Hood’s annual benefit is one of the dazzling charity events of
each season, but the May 2003 event surpassed all expectations.
“Third, providing volunteers to help us with a specific project. In late spring, a busload of
CSFB employees went to P.S. 19 in Corona, Queens – where CSFB funding had helped
us build a new library – and spent the day working with the kids there. P.S. 19 is one of
the largest public elementary schools in New York; the kids represent many nationalities
and ethnic groups and speak 40 different languages, and many of them are poor.”
“ When transforming libraries in public schools was still just an idea, CSFB was the
first major financial sponsor to take the lead in making this dream a reality. Other big
financial firms have since followed, and kids throughout the city are better off today
thanks to CSFB’s trail-blazing philanthropy.” Paul Tudor Jones II, Tudor Group Chairman and Founder, Robin Hood Foundation
CSFB volunteers helped 70 youngsters build the set and props for their production of
Willie Wonka and the Chocolate Factory and also read with the kids in the library,
introducing literacy games inspired by Roald Dahl’s classic, Charlie and the Chocolate
Factory. “They made a tremendous impression,” concluded Saltzman. “The students,
teachers and principal all felt that the day was an extraordinary gift.”
“And finally, lending us space for whatever we need – to train librarians, speak to donors,
have meetings.” In the spring of 2003, for instance, Robin Hood held several seminars
for school principals at CSFB headquarters, as well as a series of teacher-training
programs on integrating library use with the elementary school curriculum.
“In short, CSFB is the ideal partner: They say, ‘tell us what you need’– and then they
make it happen.”
14

16. CSFB employees help to rehabilitate a small park
adjacent to one of Henry Street's family shelters.
Henry Street Settlement has a tradition of service dating back more
than 100 years as the oldest settlement house in the United States. Founded by Lillian
Wall, a 19th-century nurse, Henry Street originally operated out of a single home and
provided health-related services to Jewish immigrants living on the Lower East Side of
New York City. Today the Settlement’s programs are in place in all five boroughs of
New York. They have a strong multicultural focus and include a broad range of services
consistent with the organization’s core mission of mitigating the effects of urban poverty
on individuals and families.
Henry Street’s comprehensive, groundbreaking programs have influenced the development
of social service models nationwide and reach some 100,000 individuals each year. The
organization’s service umbrella includes three day-care centers, a battered women’s
shelter, three transitional residences for homeless families and single women, home-
care services, a health clinic, an arts center, a seniors program, and education and
leadership development programs for young people.
Since the CSFB Foundation focuses on youth development, we have chosen to devote
significant resources to funding the operations of Henry Street’s Youth Services Division
over a number of years. This division’s programs emphasize the importance of academic
excellence, exploring career goals, building social skills and leadership qualities, and
emotional well-being. Over the past year, Foundation funding made it possible for Henry
Street to assist 200 students with the process of entering college, to provide after-
school educational activities to 350 youngsters, and to give 300 young people a chance
to experience further learning at their day and sleep-away camps.
The Foundation also offers volunteer opportunities at the Settlement to CSFB employees.
Doug Paul, CSFB vice chairman of Fixed Income and CSFB Foundation trustee, has
been a Henry Street board member for five years and has served on the Foundation’s
board for a decade and a half. He spends a lot of time at the Settlement’s various sites,
meeting with the staff there and helping to organize volunteer efforts. Doug describes
how, “recently, a group of us from CSFB rehabilitated a small park adjacent to one of
Henry Street’s family shelters. We replanted the grass and flowers, painted the fences,
painted a mural, and rebuilt a gazebo there. All the kids from the shelter worked with
us, which made the whole experience really great.”
15

17. CSFB volunteers read to students as part of the Power Lunch
Program sponsored by Boston Partners in Education – one of many
Everybody Wins! programs across the country.
Everybody Wins! In CSFB’s Boston office, a dozen men and women routinely
disappear from the Institutional Equity desk at lunch time on the same day every first or
second week. Their destination is the Hurley School in Boston’s South End, where
each CSFB colleague spends an hour reading with a first grader through the auspices
of the Power Lunch Program sponsored by Boston Partners in Education.
“So many of the children at this school had very little one-on-one interaction with adults,”
explains CSFB reading partner Martina O’Sullivan. “Their teachers were overwhelmed
with large classes, and many of their parents worked long hours. Working there was a
very rewarding volunteer experience for us, and we plan to continue next year.”
Power Lunch is a literacy and mentoring program of Everybody Wins!, which was started
by a New York City couple in 1991 and now provides reading partners for 6,800
elementary schoolchildren across the country. It has locally managed affiliates in 17
different states and the District of Columbia. For CSFB, Everybody Wins! is particularly
attractive because it offers employees all over the country a chance to work directly
with children in their communities.
In Chicago, Power Lunch had nearly two dozen CSFB volunteers during the 2002-2003
school year reading to third graders at Sojourner Truth School. The program in the
Chicago public schools is sponsored by Working in the Schools.
In New York, where CSFB executives have close ties to its local board, Everybody
Wins! comes to the Firm’s offices each year to tell employees about the group’s role in
the city, across the country, and within national educational policy. During the 2002-
2003 school year, 138 CSFB staffers spent an hour per week with children in two
Manhattan schools, making CSFB the company with the largest Power Lunch volunteer
contingent in all of New York City. In addition, managing director Bayo Ogunlesi,
CSFB head of Investment Banking, co-chaired the New York chapter’s first
fundraising gala.
“
So many of the children at this school had very little one-
on-one interaction with adults. Working with them was a
very rewarding experience...” Martina O’Sullivan, CSFB Sales Assistant
16

18. Joining students from
Publicolor’s Paint Club,
CSFB employees help to
revitalize the interiors of
New York City schools.
Publicolor In 1994, alarmed by the rising high school
dropout rate in many communities, Ruth Shuman approached the
principal of East Harlem’s J.H.S. 99 and successfully proposed
repainting the school’s interior in order to help engage disaffected
students. Applying her master’s degree in industrial design, she
then set about using the power of color to energize, inspire and
enhance young people’s lives.
Since its inception, Publicolor’s mission has been to catalyze
change in New York’s inner-city schools and neighborhood facilities
through original programs such as Paint Club and COLOR Club, which teach at-risk
students the marketable skill of commercial painting. It has also recently introduced
after-school training and career education initiatives such as Color Me Smart, CSFB’s
signature program, to help students develop leadership skills.
Publicolor targets under-served communities in Brooklyn, the South Bronx, Harlem, the
Lower East Side and Washington Heights. Close to 90% of its participants come from
families receiving public assistance, and many are first-generation Americans. Over
the past decade, Publicolor has transformed the environments of 47 schools and
40 community sites throughout the New York metropolitan area, directly engaging
approximately 4,400 students and affecting 55,000 people overall.
In recognition of its work with community volunteers, Publicolor has won The President’s
Service Award, one of the nation’s highest honors. Its partnership with the CSFB
Foundation has been very rewarding – in large part because Publicolor is highly organized
and efficient in its operations and in putting CSFB volunteers to the best possible use.
In 2003, 68 CSFB employees, summer associates and interns logged nearly 1,000
volunteer hours at the organization.
“ What’s best about this is that people do it with a real
spirit of giving, not obligation.” Phil Vasan, CSFB Head of Equity Derivatives and Convertibles
17

19. “ A gang is a team, if you want
to put it that way, so instead of
turning to a gang, I could turn
to a robotics team…”
José Abreu, Student Member of the A.E Smith Warriors,
Alfred E. Smith High School, Bronx, New York
New York City FIRST In 2003, the CSFB Foundation
once again joined with Firm volunteers to help New York City students
Volunteers Get Connected
build robots. The vehicle for their support was the New York City chapter
Marcio Noguchi and Amit Kaul, CSFB’s
of FIRST (Foundation for the Inspiration and Recognition of Science and
two lead FIRST volunteers for 2003, were
Technology) – a New Hampshire-based, national charitable organization not quite sure what to expect. “After a
that holds 23 regional competitions for more than 800 student teams decade with CSFB in Japan, where it
from the US, Brazil, Canada, Great Britain and Puerto Rico. FIRST really isn't part of the culture to go out
sponsors well-known annual competitions that partner middle and high and volunteer,” says Marcio, a Brazilian,
“it was exciting to get involved here and
school students with professional engineers from companies such as
encourage teenagers who might not
CSFB. The students design and build original radio-controlled robots
ordinarily be interested in science.” Amit,
that they must then put through specific maneuvers on the day of
a recent Columbia graduate, admitted to
the competition, a sort of giant, city wide science fair. The goal is to being a bit hesitant at the start and was
engage at-risk youth in the creative process of building technology – and determined to stick to the purely scientific
to build their self-confidence, knowledge and life skills as well, so they part of the endeavor. “But as time went
will have a stake in the nation’s overall technological enterprise. on,” he says, “I was much more at ease
and began to have a lot of fun.” Asked
The 2003 New York City FIRST competition marked the debut of an
whether they plan to volunteer again,
all-female team, from St. Pius V High School in the South Bronx – the both Marcio and Amit responded with an
first such group ever to participate in New York. The team’s enrollment immediate “Of course!”
resulted from a deliberate effort to reach out and inspire young women
to explore science, math and engineering careers.
CSFB volunteers were exhilarated by the fact that the winning high school
alliance included a team sponsored by the Firm. Students from McKee
Vocational Technical High School in Staten Island shared in the prestigious
Chairman’s Award, the Engineering Inspiration Award and the Tournament
Winner Award – and received scholarship offers from Polytechnic University,
the home of New York City FIRST. For 2004, the Foundation has doubled
its funding, which will go to support seven high schools taking part in the
2004 competition and provide basic support for the New York City FIRST
organization itself.
18

20. Good Shepherd Services The CSFB Foundation’s decade-long partnership
with Good Shepherd Services, a venerable and highly respected social service and
youth development agency in New York City, is a fine example of how CSFB employees
at all levels can become involved with a charitable organization – working one-on-one
with young people, contributing as a group by department or division, and providing
assistance and leadership from the boardroom and the back office.
In 2003, the New York offices of Credit Suisse Asset Management and Private Client
Services collaborated with Good Shepherd on a project to help improve the foster
Through Good Shepherd
home where 22 girls live. More than 40 CSFB employees traded in their Palm Pilots for
Services, CSFB volunteers
paint brushes and headed to the St. Helena’s Residence in Manhattan to give the Good
work one-on-one with New
Shepherd home a fresh, new glow. The team members made connections with the
York City youth, providing
residents and staff of St. Helena’s and had a terrific time doing something meaningful
leadership and hands-on
together outside the office.
assistance with life issues.
“
Recently, Good Shepherd board member and CSFB
Foundation trustee Bob O’Brien helped Good Shepherd raise
These kids really $20 million to build the now-thriving South Brooklyn Community
High School. The small and intimate alternative public school
need a lot of help, and provides counseling and education for 125 South Brooklyn
students who were formerly frequent truants or had dropped out
we’re here to give it.” of school completely. After one year in existence, its graduation
rate already exceeds that of other schools in the area.
Bob O’Brien
CSFB Chief Credit Officer
Another major success story is the CSFB IT Initiative, through which a volunteer team
and Foundation Trustee
from our Information Technology department worked many long hours to bring computer
access to several Good Shepherd residences. The volunteers offered technical
guidance in setting up computer labs as well as personal training for the residents.
Young teens and staff at the homes now use the new computer labs to learn Internet,
word processing and spreadsheet skills and pursue educational and job-preparation goals.
Beyond these large-scale group projects are many smaller but equally significant ones.
For example, individual CSFB employees mentor dozens of young women at Good
Shepherd foster-care residences, helping them with everything from their studies to
self-esteem building and career planning. Bob O’Brien can personally attest to the
importance of CSFB’s signature program, Reach for the Stars with HR, and similar
mentoring efforts: “The kids I worked with as a guidance counselor in the late 1960s
didn’t have the same needs as the ones I see today down on 18th Street. We used to
find one reason why someone could use assistance – now you find five.”
19

21. Madison Square Park Conservancy Historic
Madison Square Park is just across the street from CSFB’s global head-
quarters, and many of our employees have been deeply involved both in
its recent refurbishing and in mobilizing other area businesses to provide
ongoing support for the Madison Square Park Conservancy. One of
the Conservancy’s primary missions is to bring entertaining, unique
and intelligent children’s programs to the park. So each summer,
the Conservancy hosts 24 Tuesday- and Thursday-morning shows for
young children.
The year 2003 marked the hugely successful inaugural season for MAD.
SQ. KIDS, a summer program that offers a variety of performances such
as puppet shows, concerts and storytelling. Approximately 400 people,
including many CSFB employees and their children, came from all over
New York City to attend each performance. Afterward, the Conservancy
provided arts and crafts activities in the park playground.
Annual grants from the CSFB Foundation make the planning and presentation of MAD.
SQ. KIDS and other Conservancy children’s events possible. The Foundation also
provides office space for the Conservancy and actively recruits volunteers to help the
organization fulfill its overall objective of maintaining and beautifying the park. For example,
one year after the September 11 attacks, the Foundation organized a daffodil planting.
“We had volunteers go out and locate areas around the park where we could plant,”
notes Grace Koo, CSFB managing director of Equity Options and foundation trustee,
one of two CSFB employees who serve on the Conservancy board. “The flowers came
up the following spring. It was beautiful… and a positive way for people to express
their respect.”
“ The park is in great shape now after a lot of fundraising. First there was a
campaign to help rebuild it; then we created a Conservancy Board to take care of
it on an ongoing basis, since it gets no money from the city for its art, music or
children’s programs. We often schedule the kids’ programs so that our employees
can meet their families in the park after work.” Grace Koo, CSFB Managing Director, Equity Options
20

22. “ Working within CSFB over the last four years,
I have found an increasing emphasis on making a
difference in the community at large. In a job that
can be very pressured, applying my skills to help
solve problems for those less fortunate has been
extremely rewarding.” David Brooks, CSFB Vice President, Information Technology
SMART For the second year in a row, CSFB recently treated a group of middle
school students from the SMART program to a full day of activities at the Firm’s
San Francisco office. The agenda included presentations on investment banking and
marketing/advertising, a visit to CSFB’s sales and trading floor, and time for each
student to lunch with and shadow a CSFB “buddy” around the corporate offices. The
day ended with a festive ice-cream party with employees’ kids who had come for Take
Your Kids to Work Day.
SMART (Schools, Mentoring and Resource Team) has 70 students – academically
promising children chosen from fifth-grade classes in San Francisco’s inner-city public
schools and placed in high-performing parochial or private schools. To ensure a
successful transition for these students, most of whom are children of color joining
predominantly Caucasian environments, SMART provides a concentrated three-year,
year-’round program of academic and extracurricular activities, including tutors, mentors,
family support and a structured After-School Program (ASP). All students have been
required either to attend SMART’s own, on-site ASP or after-school programs at
community centers or their own schools.
With the help of CSFB grants, SMART has been able to expand and fortify its on-site
ASP so that it can now serve all the San Francisco SMART students at its new Mission
District location, thereby making the ASP a more integral part of SMART’s services.
In 1999, Bill Brady, global head of Corporate Finance in California, joined the SMART
Board of Directors. Bill introduced SMART to Sally Palmer, CSFB’s chief development
officer in San Francisco, who quickly became involved in mobilizing the Firm on SMART’s
behalf. In addition, CSFB’s IT department donated 15 much-needed computers to
SMART’s lab and flew several New York-based employees to San Francisco to help
install the computers, establish a working network, and provide the training necessary to
sustain the new system.
“ The partnership is a tremendous success: SMART is a
wonderful program, and we are thrilled to be getting
involved with the San Francisco community in this way.”
Sally Palmer, CSFB Chief Development Officer, Global Technology Group,
and Member of the CSFB Foundation’s West Coast Committee
21

23. Far left: Caroline Kennedy visits
CSFB to kick off its partnership
with Manhattan Comprehensive.
Left: Tony Ma celebrating the
Chinese New Year with (right
to left) his former English as a
Second Language teacher,
Manhattan Comprehensive
founder and principal Howard
Friedman, and a fellow student.
“ In its work with Manhattan Comprehensive, CSFB is setting a new standard for
school/company partnerships. From one-on-one tutoring to updating our computer
network, more than 200 CSFB staff members have helped in some way during our
first year together.” Gregory P. Cohen, Executive Director, Comprehensive Development Inc.
A Harlem Success Story
Manhattan Comprehensive Night and Day Zhaolin (Tony) Ma moved to Spanish
High School For older students who have full-time jobs and often Harlem from Shanghai in June 2002 at the
children to support as well, attending school while balancing adult respon- age of 18. He was a good student in China
and already proficient in English, but he
sibilities can seem daunting if not impossible. In 2002, CSFB learned
was considered too old to attend public
from the Robin Hood Foundation, a long-term partner, about
school New York. Tony’s father, who came
Comprehensive Development Inc. (CDI), a non-profit established by
to in New York in 1991 and worked as
Manhattan Comprehensive Night and Day High School. We decided to a manager of a Chinese restaurant in
join Robin Hood in helping to support young people who face such challenges. order to bring Tony and his mother to the
United States, heard about Manhattan
Manhattan Comprehensive is a special public school that gives students
Comprehensive (MC) through a friend.
aged 17 to 22 a chance to complete their secondary education. Many are
Now a senior at the Day School, Tony
recent immigrants, teen parents or ex-dropouts; two-thirds study English serves as vice president of the student body.
as a second language. Nearly all have been turned away illegally from Through MC, Tony has gained access to
local high schools, which do not want older students. CDI and Manhattan resources that might not have been
Comprehensive offer these remarkably determined young people every available to him in a regular public school;
possible kind of individual support – from tutoring, employment and for example, the school helped him find
paying work as a summer aide at NYU’s
personal counseling, to legal and medical services, and help with finding
Hospital for Joint Diseases. He continued
a home. The program also allows its students to attend school at hours
to volunteer there during the school year
that work for them: either from 10 am to 4 pm or 5 pm to 11 pm Sunday
because, he says, “I wanted to give a
through Thursday. Thanks to this unique approach, 90% of the students little contribution to the community.”
graduate, and 50% of the graduates go directly to college. MC has also provided Tony with tutors to
improve his Regents Exam scores; he was
CSFB’s partnership with CDI has involved many of our employees, who
tutored in US history by CSFB Managing
have tutored students for school exams, SATs and other standardized
Director Ronnie Hawkins, whom he credits
tests; helped them through the complex college-application process; and with the 92% score he received on his
held informal discussion and counseling sessions to help graduates meet test. Tony hopes to attend NYU and to
the challenges of their first year at college. For example: pursue a career in business or technology.
● Employees from CSFB’s Investment Banking division participated in
special training sessions in order to sharpen their tutoring skills.
● Information Technology professionals advised the school’s administrators on improving
their technology equipment and skills and coordinated a holiday food and gift drive for
low-income students.
Recently, CSFB initiated a partnership with Microsoft and IBM to install more than US
$100,000 worth of technology in the school.
Many employees have voiced their satisfaction at being able to befriend and work with
amazing young adults to whom academic skills, English proficiency and college
entrance can make the difference of a lifetime.
22

24. Alex Levin received the first annual GAR Foundation
scholarship, a stipend created for exceptionally gifted
high school students in financial need.
“
Gordon was a fascinating, extraordinary talent,
who was brilliant at everything he did. But what he
did to help others was never advertised. The GAR
Foundation will benefit the children of workers in
our own industry – the kind of kids Gordon would
have helped himself.” Brian Finn, CSFB Co-President
Gordon A. Rich (GAR) Memorial Foundation Alex Levin, a
graduate of Stuyvesant Public High School in New York City, was selected as the first
recipient of a Gordon A. Rich scholarship in June 2003. He matriculated at Harvard
University a few months later and is now enjoying his college experience.
The GAR scholarship benefits exceptionally qualified high school students in financial
need who have a parent or guardian working in the securities industry. Alex’s mother
works for Merrill Lynch as a computer programmer; his father is an engineer for the New
York State Department of Transportation. The US $10,000 per year that Alex will receive
for four years will substantially reduce his student loan burden while enabling him to
obtain one of the finest undergraduate educations available anywhere in the world.
The GAR Foundation and its scholarship were created in memory of Gordon A. Rich, a
co-head of CSFB’s Mergers & Acquisitions group who died in an automobile accident in
2000. Gordon had been about to retire in order to spend more time with his children
when his life was tragically cut short. Because he was an individual of exceptional abilities
with a special place in his heart for those facing particularly challenging obstacles in life,
his friends at CSFB decided to create a meaningful educational award in his name for
talented, financially challenged young people. The CSFB Foundation is proud to support
GAR through a large, multi-year financial gift.
23

25. Credit Suisse Group Donations
Swiss Peaks Fresh As part of the Swiss business community, Credit
Air Fund Project In Suisse Group and its business units take their
April 2003, a group of 15 inner- responsibilities to the wider Swiss and interna-
city children between the ages tional community seriously. This commitment
of 12 and 15 from the Fresh manifests itself in efforts to take an active part
in shaping the business environment by making
Air Fund’s Career Awareness
appropriate contributions to private organiza-
Program traveled to Switzerland
tions with charitable, social, cultural and civic
as part of the New York Swiss
aims and to promote educational and academic
Peaks Festival. Sponsored by activities that are of particular interest to the
CSFB, the youngsters were guests of Credit Suisse Group Company.
(CSG) for a full day and spent the week living with Swiss families, Beside the CSFB Foundation and Winterthur’s
sightseeing around the country and learning about the history, Loss Minimization Foundation, whose main
culture and daily lives of their European peers. They also met concern is the prevention of traffic accidents
with Ambassador Raymond Loretan, consul general of involving children, much work is done through
Credit Suisse Group’s Jubilee Foundation.
Switzerland and chairman of Swiss Peaks, who led a Q&A
The Jubilee Foundation was established in
session about the Swiss flag, the nation’s popular sports, and
1981 to mark the 125th anniversary of Credit
local culinary fare. Most of the young people had never been
Suisse. One focus of its activities is a series of
out of New York City, much less the country, and their remarks projects that involve people with disabilities
suggest that the whole experience was quite a revelation. who live in Switzerland. In 2003, for example,
the Foundation supported the Swiss Multiple
The Swiss Peaks project marked the first philanthropic collabo-
Sclerosis Society’s MS Center in Zurich, the
ration between the CSFB Foundation and CSG, as well as the
Arkadis Foundation’s Therapy Center for
first time that the venerable Fresh Air Fund had sent children Children and Young People in Olten, and the
on a vacation outside North America. Like CSFB, CSG is International Center for the Blind on Lake
extremely active in supporting community work and, particularly, Constance at the border with Germany. Since
in funding education, a category which represents nearly one- 2001, the Jubilee Foundation has also been the
third of the company’s total annual giving. In 2003, CSG made main partner of the annual Plusport Day, a joyous
festival for more than 1,500 sports enthusiasts
donations to more than 100 organizations championing social,
with and without disabilities.
cultural and other causes. The CSFB Foundation looks forward
The Foundation’s other main focus is promoting
to further successful collaborations with both the Fresh Air
young musical talent. It awards the Credit
Fund and CSG in the future. Suisse Group Young Artist Award to young
soloists who have a record of extraordinary
“
achievement at the international level and the
These Swiss just walk so much! My Prix Credit Suisse Jeunes Solistes to talented
young musicians from Switzerland.
host parents were 61 and 64, and they
walked everywhere. I couldn’t keep up
with them. I would have driven.” Juan Ortiz, 15
24

26. Manhattan Island Marathon Swim
team members pose for photos.
Manhattan Swim Following the enormous success of
2002’s Channel Swim – in which a relay team of six CSFB employees from our London
office swam the English Channel, raising more than £35,000 for the local CSFB
Charity of the Year – the CSFB Foundation decided to sponsor a multinational team for
the 2003 Manhattan Island Marathon Swim. The international event, which attracts
swimmers from all over the world, is known as one of the most challenging swimming
events in existence.
At the urging of Team Captain Keith MacDonald – managing director of Global
Operations, New York – CSFB’s six participants for this race came from our offices in
London (veterans of the Channel Swim) and Singapore as well as New York. Their
common goal was to raise funds for various charities that the CSFB Foundation and its
affiliates sponsor in different parts of the world.
The swimmers faced daunting conditions, including 58°F waters, malfunctioning boats
and misplaced buoys. Due to heavy rains the preceding week, the annual marathon
swim was called off as an official race the day before, and one-third of the registered
swimmers dropped out. But Team CSFB persevered, and on June 14, the six swimmers
completed the 28.5-mile course around Manhattan in eight hours and 17 minutes.
The heroic feat enabled the team to raise more than US $50,000 to benefit selected
charities, including:
● The Manhattan Island Foundation, which supports New York City’s Learn to Swim
program for inner-city youth as well as other activity programs
● Sargent Cancer Care for Children and MacMillan Cancer Relief in London,
The European Charities Committee’s joint Charity of the Year
● Oxfam (Hong Kong) and the Courage Fund (Singapore), both charities that provide
support for families affected by SARS
25

27. CSFB 2003 Channel Swim
athletes and support personnel
during their epic crossing.
“
The 2003 Channel Swim exceeded
expectations in terms of fundraising
and teambuilding. It also enabled us
to create the model and infrastructure
for a truly global program of charitable
swim challenges in 2004.”
Ian Piddock, CSFB Director of Operations and CSFB Channel Swim Champion
Channel Swim Six weeks later, two CSFB teams from
London successfully swam the English Channel to France. Members of the CSFB
Seahorses and Sea Lions took a minibus to Dover on the evening of September 2 and
caught a few hours of sleep before taking to the water around 3 am. Aided by near-
perfect sea and weather conditions, both teams crossed the Channel to Cap Gris Nez
in Normandy at a pace that surpassed the excellent 13-hour record set by the previous
year’s team. The wetsuit-free swimmers triumphed over jellyfish, seasickness and
cramps from the extremely cold water – and managed to raise a significant sum for
Sargent Cancer Care for Children and MacMillan Cancer Relief, the London office’s
2003 Charity of the Year.
26

28. “ These swims provide
a great opportunity to
demonstrate our global
teamwork and focus The full London
Channel Swim
and to represent our- squad takes
time out from its
selves to the community training regimen
to pose for a
group photo.
as ‘One CSFB.’ We
are very proud of all
our swimmers.”
G.T. Sweeney, CSFB Foundation Chairman
“ I think what fascinates people
about these swims is that this is
something they can never imagine
a person could do–and we did it!”
Virginia Corbett, CSFB Information Technology, New York
Confident smiles from swimmers relaxing on
board during their record-breaking relay from
Dover, England to Cap Gris Nez, France (right).
27

29. urope
“ CSFB’s commitment to the
local East London community
is inspiring. This year they
have truly demonstrated an
understanding of the needs of
that community and are leading
by example in developing
more and more creative ways
to meet those needs.”
Saskia Nelson, Project Manager, East London Business Alliance

30. “ We have a major ongoing
effort in London to build a
franchise where our employees
are concerned with community
and personal growth as well as
business objectives.”
Marie Burke, CSFB Vice President of Corporate Social Responsibility
Two CSFB London employees collect a “Challenge to
Care” award recognizing CSFB’s successful corporate
partnership with National Children’s Home.
CSFB’s European charitable activities are led by The European Charities Committee,
which is headquartered in London and supports organizations whose primary goals are
education, youth development, and assistance to the local community. The Committee
is extensively involved with programs that incorporate mentoring, neighborhood-building
and recreation. Recently, it has been working closely with various employee networks
within CSFB to expand community involvement throughout the Firm.
In 2003, the Committee made 57 grants to organizations whose missions range from
domestic children’s issues to local social regeneration.
Charity of the Year A few years ago, European Charities Committee
Chairman Jonathan Davie hit on the idea of a Charity of the Year that would combine
initial financial support with a broader initiative that could then be turned over to the rest
of the London-based staff. The organization chosen would reflect employee interest, as
expressed in a staff survey, in focusing on domestic children’s charities or worthwhile
causes in the local community.
The first Charity of the Year effort was launched with great internal fanfare in November
2001 for the benefit of Britain’s National Children’s Homes (NCH). The European
Charities Committee made a substantial donation and invited all London employees to
contribute their last hour of pay for 2001 to the appeal. Senior executives started the
campaign by spending 10 minutes making mobile phone calls from a box in the staff
restaurant to raise money from friends, colleagues and clients. These efforts were
followed by many other staff-organized social and athletic events throughout the following
year – including the Channel Swim, a local health-club swimathon, the London Marathon,
and a trek along the Great Wall of China – that raised more than £338,000 for NCH.
NCH recognized CSFB’s contributions with its Individual Supporter Award for the year.
In 2002, CSFB was deluged with applications for the next Charity of the Year, and a
formalized selection process evolved. From a short list of three names, all London staff
members were asked to vote for their favorite charity. The result was a tie between
MacMillan Cancer Relief and Sargent Cancer Care for Children, so the two organizations
agreed to become joint Charity of the Year. Once again, a flurry of fundraising events
ensued, along with even more ambitious plans for the 2004 Charity of the Year –
Richard House Childrens’s Hospice, London’s first hospice for children, which is located
near CSFB’s Canary Wharf headquarters.
29

31. Local schoolchildren on a tour
of CSFB take a break for
snacks in the staff restaurant.
Tower Hamlets Education Business
Partnership Few people realize that CSFB’s
London offices in Canary Wharf, a thriving commercial and
financial center, are located in an area where many residents
live in dire need. According to government statistics, Tower
Hamlets is the most deprived borough in England. Fully 66%
of its pupils qualify for free school meals, compared to the national average of 18%;
English is a second language for 62% of its primary school students.
By drawing attention to this state of affairs, the European Charities Committee has
elicited an encouraging response to a proposal for further developing the Tower Hamlets
Education Business Partnership (THEBP), a charity that works with businesses to
improve basic and work-related skills of pupils in this community. In addition, the program
benefits CSFB, other business partners and individual volunteers. As a direct result
of the Committee’s involvement in THEBP, CSFB is currently enjoying rewards that
include staff development opportunities and improved morale among colleagues
enthusiastic about taking part in community work.
For the second consecutive year, CSFB sought volunteers from among its
Triathlon for Cancer Care
5,000 London employees to build the THEBP franchise through mentoring
On Sunday, July 27, 2003, two London
local primary and secondary school students. By bringing practical
CSFB employees–Neil Jones from Financial
experience of the world and the workplace to these children and acting as
Control and James Whale from
role models for them, volunteers help the students build confidence and
Product Control–competed in the Ironman
raise their aspirations. Switzerland Triathlon in Zurich. The annual
Volunteers work with children from the ages of seven to 13 to help improve triathlon requires participants to undertake
a 3.8 km lake swim, a bicycle ride of 180
their reading, math and IT skills. The volunteer commitment involves a
km and a marathon distance run of 42.2 km.
significant and consistent effort on the part of each employee, who spends
Dedicated to the memory of Richard
half an hour every week with one particular child.
Gurney, a CSFB colleague who died of cancer
This past December, at THEBP’s ninth annual awards ceremony, CSFB in December 2001, the triathlon raised
money for the Sargent/MacMillan joint
received an award for exceptional support of the Primary Reading Partners
campaign, CSFB’s 2003 Charity of the Year.
Programme, working together with education, business and community
Although they are independent institutions,
groups to enhance and support the education, training and development of
Sargent Cancer Care for Children and
young people in Tower Hamlets. Karen Barthelmy, reading coordinator for MacMillan Cancer Relief work together to
two years at St. Saviour’s Primary School in Tower Hamlets, accepted the provide comprehensive emotional and
award on behalf of CSFB. practical support for children and families
living with this disease. In the United
In the inaugural 2002-2003 school year, CSFB volunteers discovered the
Kingdom, where four out of 10 people will
rewarding experience of inspiring and encouraging children. At year-end,
be diagnosed with cancer at some point
many of the students visited CSFB’s offices, where they took part in a Firm during their lives, these services are
presentation and a video conference and visited the IT call center. invaluable.
“ This will be our first year as individual mentors at
Langdon Park School. We’re hoping this will be a useful
way to help groups of youngsters and make new friends!”
Nicola Tamlyn, CSFB Information Technology and THEBP Mentor
30

32. East London Business Alliance The European Charities
Committee is a major supporter of the East London Business Alliance
(ELBA). ELBA seeks to encourage the economic and social regeneration of
the East London area through leveraging the business skills, expertise and
resources of its member companies – and by working in partnership with the
private, public and volunteer sectors.
Member companies such as CSFB bring their business knowledge and
expertise to bear on the critical issues of transportation, job skills, education,
health, housing and the environment. CSFB provides ELBA with a pool of
employee volunteers who contribute their individual abilities to a diverse range of volunteer
Students from local
projects and initiatives operating on London’s East Side.
schools wave goody
bags during a tour of
Last year ELBA staff placed more than 770 volunteers from companies like ours with
CSFB. Several school
projects needing their help and support. More than 250 of those placements were
and community
professional volunteers serving on management boards or contributing their expertise on
groups have visited
projects such as developing business plans, providing legal advice, developing marketing
CSFB as part of an
materials or strategies, and mentoring project managers.
effort to demystify the
corporate environment
ELBA operates principally in the three boroughs of Tower Hamlets, Hackney and Newham.
for young people.
Isle of Dogs Community Foundation The Isle of Dogs Community
Foundation (IDCF) is a true partnership among the business sector on the Isle of Dogs,
the volunteer sector, and local community organizations to develop and implement
programs for coherent social regeneration. Founded in 1990, IDCF has grown to
become one of the most important strategic agencies in the local Millwall and Blackwall
areas. The organization is now one of the largest community foundations in the UK,
having received pledges from government and business agencies totaling more than
£5 million through 2006.
“
IDCF’s Creating a Confident Community program continues
CSFB has been an invaluable to strengthen the capacity of the local population to resolve
its own social and economic problems. Its projects will
supporter of our foundation, working enable the Isle of Dogs community’s diverse assets to
flourish while giving its population, and particularly its
with us to help ensure a better quality young people, a chance to gain relevant core skills and
experience needed for employment.
of life–and opportunity–for residents The European Charities Committee has been a major
donor to IDCF since its formation; moreover, Jonathan
of the deprived communities on Davie, CSFB vice chairman and chairman of the Committee,
sits on the foundation’s Board of Directors, and Marie
the doorstep of one of the world’s Burke, CSFB vice president of Corporate Social Responsibility,
sits on the grant-making committee. In addition, CSFB
most prosperous business centers.” staff members are involved through IDCF in volunteer
work to support community groups on the island, such as
Janet Kennedy, Director, Isle of Dogs Community Foundation
the Cedar Centre, St. Matthias Trust, The Leaside Trust,
and the Docklands Sailing and Watersports Centre.
31

33. New recruits to CSFB often spend
a day in the community. This group
helped to refurbish a boat that will
be a floating educational resource
for local schoolchildren.
“ We have seen a 300% increase in CSFB volunteers, to
a total of more than 600 in 2003–over 10% of our entire
staff. And we have discovered many new worthy causes
in our area that would benefit from CSFB’s assistance–
so we expect to have still more volunteers in 2004!”
Jonathan Davie, CSFB Vice Chairman and European Charities Committee Chairman
SS Robin Trust With the help of CSFB employee volunteers, the East London
Business Alliance and the Isle of Dogs Community Foundation are supporting the
refurbishment and transformation of the SS Robin, the world’s oldest complete
steamship, into an innovative photo gallery and interactive learning resource for children.
The ship was originally built in Bow, London, in 1890 and is listed in the Core Collection,
the official register of Britain’s most important ships. The gallery, based within the cargo
hold of the steamship, will display historic photographs that will augment the education
of children from socio-economically deprived East End communities.
CSFB was so impressed by the SS Robin’s goals that we became the first corporate
sponsor to get on board in March 2003. Members of CSFB staff have been actively
involved in the restoration process, participating in team builds and tours, donating
supplies and time, and serving as advisors. Our Buildings and Facilities Management
and IT departments have consulted with the SS Robin staff on their approach to
renovation, with a focus on preservation. The ship’s transformation from a neglected
national monument into an impressive arts and education space moored at Canary
Wharf’s West India Quay is almost complete and can be clearly viewed from the windows
of CSFB’s offices at One Cabot Square.
SMart Network Art Workshop In continuing to support Business
Action on Homelessness as well as Business in the Community, The European
Charities Committee invited London employees to an interactive SMartArt workshop
on July 9, 2003. The workshop coincided with the successful SMartArt Exhibition on
view at CSFB’s offices in June 2003. This was the second year that CSFB exhibited
paintings by artists from SMart Network, an organization dedicated to improving the
lives of homeless and socially excluded people.
The art workshop was hosted by Gill Hart, a lecturer from London’s National Gallery;
Jaime Bautista, SMart Network’s executive director; and Ian Hughes, a SMart artist.
The discussion presented an opportunity for employees to learn about the paintings, the
artists, and their influences and challenges. It also included an overview of a selection
of paintings from the National Gallery’s collection.
32

34. Intrepid trekkers scale Kilimanjaro in a
successful effort to raise funds for
leukemia research.
Kilimanjaro Challenge Michael Meinhardt, a managing director in
CSFB’s Financial Institutions group, was diagnosed with leukemia and had to stop work
during 2002. His condition has since stabilized. In order to support the work of
Professor John Goldman and the Leukaemia Unit at Hammersmith Hospital, where he
is being treated, Michael recruited a CSFB team to participate in a “Kilimanjaro
Challenge” he was organizing with the cooperation of LEUKA, a registered UK charity
associated with the hospital. He also secured financial support from Novartis, inventor
of a pioneering anti-leukemia medication.
In October 2003, Michael and his CSFB teammates – Joanne Gabriele, Joachim
Dobrikat, Gary Paine, Hugh Williams, Simon Brunner, Thomas Vignon, Peter Malik and
Guillermo de Juanes – and 16 other climbers spent nine days in Tanzania. Their challenge
was to scale Mt. Kilimanjaro, the ‘roof of Africa’ and the highest free-standing mountain
on Earth. While the trek requires no technical climbing skills, it is a steep, demanding
hike that takes climbers up more than 19,000 feet from the tropical rainforest at the
mountain’s base to the eternal ice at the peak. Near the summit, the hikers had to
climb through the night, faced with 60-mph winds and sub-zero temperatures. The trek
was “truly an emotional, once-in-a-lifetime experience,” as Joanne said, and it brought
in a total of £70,000, about half of which was raised by the CSFB team. The proceeds
have enabled the hospital to appoint Dr. David Marin as the head of Clinical Research
for a new Leukaemia Clinical Trials Unit being established help leukemia patients
improve their outlook during therapy. Dr. Marin and his wife also took part in the climb.
Michael is now thinking about the next challenge he plans to organize with colleagues
from CSFB.
“ Without Marie Burke and her CSFB colleagues, who helped recruit participants
for the climb, the Kilimanjaro Challenge could never have been the great success
it was. I’m happy to have been able to make this contribution to the important
work at Hammersmith Hospital.” Michael Meinhardt, CSFB Managing Director, Financial Institutions
33

35. asia pacific
“ CSFB’s Asia-Pacific
schools initiative
reflects the core
belief that education
is the most important
factor in breaking
the cycle of poverty.”
Tom Grimmer, CSFB, Hong Kong