Aaron J Hudson
AMN195
Prof Silverman
May 25th, 2006
Deutsche Bank: 2004 Corporate Citizenship Report
Deutsche Bank has its hands in a tremendous amount of organizations that put
back into the community. Ranging from the inner city youth to the up and coming
financial execs, DB donated a Grand Total of more than $20 million dollars into its
surrounding communities. Too many to go into detail about each and every
organization, the following organizations are just a few of what DB has involved itself
in:
Community Development:
Association for Neighborhood and Housing Development:
$16,667
This organization better known as (ANHD) has ensured that residents of
New York City has access to decent and affordable housing. DB works
with its fellow organizations to counsel home owners and buyers. They
also provide training for those non-profit housing developers in the latest
trends.
Education:
New Leaders for New Schools:
$20,000
This organization is a national non-profit group that takes former
educators and train them to be principals in urban public schools in the
New York City public school system. This groups looks for those
educators who are efficient in instructional skills, leadership ability, and
the strong belief that every child has that chance to excel academically.
City Year
$20,000
This organization takes young adults between the ages of 17 – 24 for an
entire year of full time community service, civic engagement, and
leadership development. This organization covers schools in the South
Bronx, Harlem, East Harlem, Long Island City, queens, East New York,
Brooklyn, and on the Lower East Side.
Quality of Life Program
$125,000
DB donated to Working In Support of Education (WISE) for their Quality
of Life Program. The grant covers research in the classroom to real
world problem solving. This effort allows learning opportunities for
more than 1,400 students in 70 NYC public schools.
Arts:
Arts and Employment
$200,000
This group focused on providing jobs for disadvantaged individuals.
Five organizations received grants of $40,000 per year for two years to
train workers in the NY creative economy.
New Museum of Contemporary Art
$20,000
This organization pairs educators with artists to teach students the core
curriculum from biology to history. The idea is to use contemporary art
as a new method of teaching and understanding.
NY Foundation for the Arts
$110,000
DB supports the Foundation’s Arts Fellowship Program. It’s latest
project is the New York Creates Program which DB also backs.
Employee Initiatives:
Girls Incorporated of NYC
$9,000
This non-profit organization provides vital education programs to
millions of American girls, primarily those in high-risk, undeserved area.
This program branched the bigger program Take Your Kids to Work day.
As a result of the employees involvement with this program, the
organization received the $9,000 grant through Initiative Plus, DB’s
global volunteer incentive program.
Community Development Group :
Community Preservation Corporation
$18.6 million (loan)
This organization was founded to finance and preserve affordable
housing in NYC. CPC has helped rehabilitate more than 100,000 housing
units equaling an investment totaling $3.78 billion dollars.
Other than monetary donations and grants to the community, Deutsche Bank
has provided its personnel and time as well. The following are examples of programs
where DB opened their doors, personnel, and time to helping the community:
Summer Business Camp
Using a case study approach, DB Created an Environment of Success
(CES) program. This program allows high school graduates to get a
taste of Wall St. and see what the financial industry is about. They are
put through mock situations to get a better understanding of what really
goes on. Following the camp, the students are given the opportunity to
visit Wall Street and the Chicago Mercantile Exchange to get a close up
view of the business world.
New York Cares
This organization is non-profit and strictly volunteer based. They offer
project planning to social service agencies, schools and environmental
groups. Not only does this program help the local communities, it gives
the DB employees the chance to reach out and help fellow New Yorkers in
need.
Women’s Initiatives
The Global Partnership Network for Women (GPNW) was established in
1991 and is open to all DB employees while offering services to DB
women opportunities to enhance their careers and personal development
within the corporat structure. Strictly employee-driven and started here
in the United States, this Woman’s network now has branches in the UK
and Germany.