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.credit-suisse Credit Suisse First Boston Foundation Social Responsibility Report 2001

  2. 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 John J. Mack creating opportunities for change are important parts of what we do in our day- to-day business and what we support as a Firm through the Foundation and the many volunteer programs described in this Report. 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
  3. 3. TA B L E CONTENTS OF Page I. CSFB Foundation – Introduction 1 Mission and Priorities Statement 1 Grants 1 – United States 1 – Europe 1 – Asia Pacific 1 Cultural Commitment 2 Volunteer Program 2 Disaster Relief 3 II. Grants 4 United States 4 – Alphabetical Listing of Grants 7 Europe 8 – Alphabetical Listing of Grants 10 Asia Pacific 11 – Alphabetical Listing of Grants 12 III. CSFB’s Cultural Commitment 13 Museums and Other Cultural Institutions 13 IV. Volunteer Programs 14 Employee Volunteer Activities 14 Departmental Partnerships 20 V. Disaster Relief 24 VI. CSFB Perspectives 26 VII. Grant Making Guidelines 28 VIII. Conclusion 29
  4. 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 Future the philanthropic activities directed by the Europe Charity Committee and Asia Pacific Philanthropic Committee. 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 Cheers, CSFB! 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. 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
  5. 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. Employees and their families are able to partake in a host of activities offered by these cultural institutions in cities such as New York, San Francisco and Venice. 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 restaurant. In addition, the Foundation also funds programs such as the Brooklyn Brooklyn Museum of Art Apprentice Museum of Art’s Apprentice Program for high school juniors and seniors, which provides Program 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
  6. 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 Arts 7% Youth CSFB Volunteers working with Development American Red Cross 20% Sports & Recreation 3% Education 33% E a c h y e a r, C S F B supports hundreds of Human programs and Services initiatives serving 31% Health & Nutrition education, the arts, 6% health, human services and youth 2001 Grants development. New York City $ 2,764,523 Branch Offices outside New York City 377,500 Europe 840,000 Asia Pacific 440,000 Business Line Contributions* 10,830,000 Total $15,252,023 * 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
  7. 7. II. G R A N T S – U N I T E D S TAT E S , E U R O P E A S I A PA C I F I C AND 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 Henry Street Settlement Baseball Players 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 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
  8. 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
  9. 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 library and related services. Schools with better library programs have better reading Computers in New York City elementary school library 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 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 Forms Corporate extended and libraries will be open on weekends. Book collections will be improved. The Partnership with pilot program, which is nearly complete, is creating or rebuilding ten school libraries The Robin Hood throughout the five boroughs. The first sites chosen are in the most disadvantaged Foundation to Improve neighborhoods. The ultimate goal is to attract other financial support to create or rebuild N e w Yo r k C i t y S c h o o l s 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
  10. 10. United States – Grants Mary McDowell Center for Learning ARTS HUMAN SERVICES American Spanish Dance Theater American Red Cross Minds Matter of NYC America’s Society Association to Benefit Children MOUSE (Making Opportunities for Upgrading Schools & Education) Ballet Hispanico Camphill Foundation NOLS (The National Outdoor Boys and Girls Harbor CARE Leadership School) Boys Choir of Harlem Career Gear New York City Act-So CityKids Foundation Children’s Aid Society New York Presbyterian Hospital: Creative Alternatives of New York Cooke Center for Learning & Reading Program Development Creative Arts Team New York Public Library Covenant House Educational Equity Concepts Outward Bound of New York City Good Shepherd Services Free Arts for Abused Children PENCIL (Public Education Needs Civic Grand Street Settlement Inside Broadway Involvement in Learning) Greenwich House InterSchool Orchestras of New York Prep for Prep Habitat for Humanity Lar Lubovitch Dance Company Pride First Corporation HELP USA EDUCATION Robin Hood Foundation Henry Street Settlement Center for Social & Emotional Education Save the Children National Urban League Change For Kids School for the Physical City Project Return Clearpool STRIVE Resources for Children with Special Committee of Hispanic Children & Student Sponsor Partners Needs Families Teach for America Salvation Army Community District 2: Reading Recovery Teak Fellowship YAI: National Institute for People with Program Publicolor Disabilities Community Impact HEALTH & NUTRITION RECREATION & SPORTS Cooper Union: Summer Internship Children’s Blood Foundation Program Asphalt Green Children’s Hope Foundation Coro Foundation City Parks Foundation Citymeals-on-Wheels East Harlem Tutorial Program Fiver Foundation Eugene Zitwer Foundation Everybody Wins! Fresh Air Fund God’s Love We Deliver Gateway School Morry’s Camp Leukemia & Lymphoma Society Harlem Center for Education Prospect Park Alliance March of Dimes iMentor Special Olympics of New York Terence Cardinal Cooke Health Inner-City Scholarship Fund Trail Blazers Care Center Junior Achievement of New York YOUTH DEVELOPMENT Knowledge Project All-Stars Project Learning Leaders Big Brothers Big Sisters Literacy Partners 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
  11. 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 workshops, but also contributes to the development and delivery of Globe Education’s Three Knights of the Globe 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
  12. 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 Planting at Mudchute Farm 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-to- Charity Scheme through which London employees will be able to volunteer at the CSFB- sponsored home on company time. Charity Committee Europe Jonathan Davie, Chairman Paul Buckley David Mulford Isabel Doverty Simon Prior-Palmer Jon Grussing Mark Seligman James Leigh-Pemberton Ashe Windham On a coffee break working for Habitat 9
  13. 13. Europe – Grants Macmillan Cancer Research Robin Hood Gardens Education and ARTS Training Trust Royal Academy Education Workshops Multiple Sclerosis Society (Jazz Parade 2000) SPLASH (South Poplar & Limehouse Shakespeare’s Globe Action for Secure Housing) Queen Elizabeth Hospital St. Giles Trust SPARKS (Sport Aiding Medical EDUCATION Research for Kids) Tech4All Betts Street Playgroup St. Bartholomew’s Hospital Tower Hamlets Mission Bromley Hall School Trinity Hospice Workforce Chisenhale Primary School East London Schools Fund HUMAN SERVICES RECREATION & SPORTS East-Side Educational Trust Barnardo’s London Coaching Foundation Eleanor Smith School Business Action on Homelessness Mudchute Park & Farm Fair Play for Children Business in the Community REMEDI Finton House School The Cedar Centre Help a London Child YOUTH DEVELOPMENT Centrepoint KIDS Aston-Mansfield Child Victims of Crime KIDS Company Cryptics Youth Club Childline Oxford House East London Small Business Centre Children In Need Stephen Hawking School Trust Funbus Funbook Citizens Advice Bureau Trees for London Hope for Children Comic Relief Limehouse Met Police for Youth Community Links HEALTH & NUTRITION Diversity Scheme Company of Hackney Carriage Drivers Crisis FareShare London Youth Clubs East London Business Alliance DEBRA (Dystrophic Epidermolysis London Youth Trust Bullosa Research) Family Welfare Association Parents for Children Douglas House Hospice for Children Habitat for Humanity Poplar Hazard House Down’s Syndrome Association Isle of Dogs Community Foundation The Prince’s Trust Evelina Children’s Hospital Appeal London City Mission Raleigh International Foundation for the Study of Infant National Homeless Alliance Smart Change Deaths NCH (National Children’s Home) Spitalfields City Farm GOSH (Great Ormond Street Hospital) Neighbors in Poplar Wooden Spoon Society Haven House Foundation Rainbow Trust Children’s Charity Little Haven Children’s Hospice A welcome change of pace from the training program for new employees 10
  14. 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 rebuilding of three schools: one in each of the southwestern provinces of Yunnan and Former Mengdan primary school – People’s Republic of China 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 New Mengdan primary school – observed and assisted with surgery performed by volunteer surgeons from Canada, People’s Republic of China 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. 11
  15. 15. Asia Pacific Philanthropic Committee Stephen E. Stonefield, Chairman Thomas Grimmer Andrew Porter Patrick P. Kerrigan Bill R. Trotter John Moore Eric M. Varvel Eoin F. O’Shea Pote P. Videt Susumu Omori Joyce Yim Alan H. Smith Asia Pacific – Grants EDUCATION YOUTH DEVELOPMENT China School Reconstruction Project, Caritas Hong Kong, Backward Class Girl’s Hostel, India People’s Republic of China Camp Quality, Australia Developments in Literacy, Pakistan Care for Children, People’s Republic of China Oxfam China Schools Program, Oxfam Hong Kong, People’s Chiming Bell Children’s Home, Japan Republic of China CRY, India Poinsetta Primary School, Hong Kong, People’s Republic of Joomong Rehabilitation Centre, South Korea China Matilda Sedan Chair Race Charities Fund, Hong Kong Rebuilding Collapsing Schools Project, Hong Kong Christian Mother’s Hope, India Council, People’s Republic of China Operation Santa Claus, Hong Kong Pattaya Redemptorist, Thailand HEALTH & NUTRITION Profession Sevens, Hong Kong Ardoch Youth Foundation, Australia Project Hope, People’s Republic of China Make A Wish Foundation of Australia Project K, New Zealand ORBIS, People’s Republic of China Riding for the Disabled, Singapore Starlight Children’s Foundation, Australia Save the Children, Hong Kong Techotots, Australia Siam Reap Provincial Orphanage, Cambodia Variety Club’s Children Party, Australia SUPPORT (Society Undertaking Poor People’s Onus for Rehabilitation), India Wellington City Mission, New Zealand YMCA International Charity Run, Japan Youth Challenge, 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
  16. 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 Metropolitan Museum of Art and The Cloisters American Museum of Natural History Museum for African Art Brooklyn Academy of Music Museum of the City of New York Brooklyn Children’s Museum Museum of Modern Art Brooklyn Museum of Art The New York Botanical Garden Carnegie Hall New York Public Library Central Park Conservancy San Francisco’s Museum of Children’s Museum of Manhattan Modern Art China Institute San Francisco Symphony Exploratorium Studio Museum in Harlem The Solomon R. Guggenheim Museum Swiss Institute Jewish Museum Tech Museum of Innovation of Lincoln Center Consolidated San Jose Corporate Fund Whitney Museum of American Art (including Chamber Music Society, Wildlife Conservation Society Lincoln Center for the Performing Arts Lincoln Center Theatre Metropolitan Opera New York City Ballet New York City Opera New York Philharmonic) 13
  17. 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. Knowing that it is impossible to report on every individual act of kindness, these are just CSFB Volunteer Fair 2001 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. One day a week CSFB employees in New York City and students enjoy conversation and read a book School for the Physical City Study Hall 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 “one- on-one” tutors in a variety of areas – reading, math, science, computers and the creative arts. Junior Achievement Bowl-A-Thon 14
  18. 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 Big Brothers Big Sisters 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. 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. Good Shepherd girls and their mentors 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 15
  19. 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 time- to-time, and complete projects together on-line to help students learn about careers and technology. Sponsors for Educational Opportunities, Prep for Prep, I Have A Dream Foundation and CSFB Volunteers Light the Night for Leukemia & Lymphoma Society 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 families. Counselor for a Day with Fresh Air Fund 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
  20. 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 – Chefs for the Day 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. 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 Elves for the Elderly – occasionally season. Two such examples are: Santa shows up, too 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. A CSFB Corporate Cupid gift 17
  21. 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 York City’s emotional and physical rebirth, by planting hundreds of daffodil bulbs in New York City public school 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 Habitat Handyman 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. 18
  22. 22. RECREATIONAL ACTIVITIES New York Special Olympics Metro Tournament – Employees from CSFB participated in the 13th Annual Special Olympics Metro Tournament in New York. The employees helped escort and cheer on the athletes and distributed lunches to the participants and 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. Special Olympics team 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. 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
  23. 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 Benjamin Banneker Academy in Brooklyn received a new computer lab thanks to the IT Creating T-shirts at Rosie and Harry’s Place – Equity 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 New York Cares Garden Beautification Project – Nearly 30 volunteers from IT “seeded Center 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
  24. 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. Following the presentations, members from IT and other CSFB departments met with the young people about job opportunities and discussed their future goals and aspirations. Twilight Garden Club – During the summer, a group of IT volunteers spent early evenings CRM crew – Habitat for Humanity 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. 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 Greenwich House Buddies 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 21
  25. 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 and individuals through its own staff attorneys and through its member law firms and LCD employees assisting students from School for the Physical City 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 Working with the Scouts, LCD – Americas set up a Law Explorers Post at Credit Suisse committed to providing First Boston. The Department organizes monthly programs to teach high school students pro bono services to a about the practice of law as a possible career choice. variety of clients Examples of some of the individual pro bono projects in LCD are: ranging from cultural institutions to · Working on a case for a political refugee from Burma; individuals in court · Providing legal assistance to iMentor, an Internet-based children’s mentoring program; cases. · 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 · Serving as a volunteer prinicipal in the Principal for a Day program organized by PENCIL. Future “lawyer-in-training” at CSFB 22
  26. 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 CSFB Coats Up for a Good Cause 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 CSFB has a very special organizations, Dress for Success and Career Gear, which provide clothing to needy job commitment to making a applicants. difference in the communities where we work and live. If you CSFB Blood Drives – Credit Suisse First Boston is a strong supporter of donating blood. are interested in volunteering, or CSFB employees donate thousands of pints of blood to support hospitals in the New York would like the Foundation to region. In partnership with The New York Blood Center, the Foundation supports firm- assist your business division or wide quarterly blood drives providing nearly 250 hospitals with blood donations from department in organizing a CSFB employees. community service project, please contact: 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 Betsy Davis organizations. CSFB employees have the gift of giving, playing “Secret Santa” by Vice President answering and making thousands of holiday wishes come true for needy children Volunteer Programs and Services throughout the New York region. CSFB Foundation Eleven Madison Avenue, 9th Fl. Cell Phone Drive – CSFB employees donated hundreds of cellular phones to help victims New York, New York 10010 of domestic violence, senior citizens, the homebound and neighborhood watch groups. (212) 325-1814 (Telephone) Donated cell phones were reprogrammed to call emergency services directly, and (212) 325-6665 (Fax) distributed to those New Yorkers who need help quickly. 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
  27. 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 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 has responded to · CSFB and its employees contributed $55,000 to the Red Cross Taiwan Earthquake disasters around the Relief Fund. world by providing · The CSFB Foundation established a partnership with CARE International. As disaster relief funds appropriate, CSFB contacts CARE and instructs them to allocate funds to aid in and by organizing disaster relief efforts globally. The first allocation aided in the relief efforts in Ethiopia, employee volunteers to where the effects of a three year drought have led to critical conditions throughout the aid in particular relief Horn of Africa. The second and third allocations aided in the relief efforts in India and efforts. 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
  28. 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 focus while Cross in serving meals to the relief and rescue workers and organizing supplies. v o l u n t e e r i n g . We w e r e · Sent another 150 volunteers to prepare meals at a restaurant downtown to feed relief all grateful for the and recovery workers at Ground Zero. CSFB volunteers worked weekends for six chance to offer a hour shifts totaling more than 900 hours of service. helping hand.” · CSFB employees immediately responded to the American Red Cross’ request for office supplies. During one lunch hour, our employees purchased and donated CSFB Disaster Relief hundreds of workplace supplies. Vo l u n t e e r f r o m · Partnered our IT Department with the Spirit of New York/New Jersey Chef’s Department of Human preparing meals for the relief and rescue workers. Our IT Department donated and Resources 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 “Bearing witness to the Trade Center. 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
  29. 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 at our Firm. And they represent the successes the Firm encourages. We asked each of To l a u g h o f t e n a n d m u c h ; them to reflect on what volunteering means to them – and to share their experiences in To w i n t h e r e s p e c t o f such a way as to inspire others to catch the spirit and become a volunteer. intelligent people With approximately 26,000 employees worldwide, CSFB is keenly aware of its And affection of responsibilities to give something back to the communities where we work and live. We children; to earn the believe that important skills such as teamwork, confidence, responsibility and problem- Appreciation of honest solving should be nurtured and enhanced in the workplace. Our shared commitment to critics and the community dates back many years and today represents a key part of CSFB’s culture. Endure the betrayal of G.T. Sweeney – Managing Director, Chief Technology Officer false friends; To a p p r e c i a t e b e a u t y ; t o “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 find the best better place, it is about learning something new – about myself; about other In others; to leave the people; about other lifestyles; about other cultures. I get so much more out of world a bit 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 Better . . . This is to that happen in the world doesn’t do much good. You cannot control what have succeeded. 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 – R a l p h Wa l d o E m e r s o n 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 low- income 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, tutor and mentor for children through several New York City-based organizations. G.T. Sweeney offering technical advice to students from Good Shepherd Services 26