December 7, 2006
Banking on Volunteers
A corporate foundation lets employees guide its philanthropic choicesMany companies encourage their workers to volunteer. But the U.S. philanthropic arm of Credit Suisse, the Swiss investment bank, takes that philosophy one step further: It restricts most of its grants to charities that can provide meaningful volunteer opportunities for the bank's employees.
"We think this model of supporting organizations that can truly benefit from volunteers embraces what's unique about
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