Phil YIR2006

Global Philanthropy
2006 YEAR IN REVIEW
seattle
san francisco
PA G E I N D EX
los angeles
rie
salt lake city denver
04
dallas
02
mexico city
04
chicago
houston
02
atlanta
03
06
06
palm beach miami
05
boston
26
new york philadelphia washington, d.c.
05
06
buenos aires
06
san juan
05
02
04
lE t du he ca am tio e n r ic In iti as at iv Fa Do e br CO n Fu e or Th n tto sC PE d Li e h In fo Fou oo M nco r t s e n ar l rn Pu d e tin n C H at bli ati e Lu nt ar io c S on th er lem na c l K ho er fo Ki r t Chi id ols ng he ld s F r u Th , Jr Pe en nd e . N rfo s Z N ew Mu atio rm on i e s Yo eu nal ng m A r M k r So o t e s D lo ow f M mo m nt od ria on e l R. Frie ow rn n A G n ug ds Ho rt ge of sp nh R ita e l Te eim nas ac ce M h r fo use r A um W om Vo m en ge eric s l A a W lc or ov ld e Ba nk
montevideo
25
El iz
eu
ts
eu ro pe &
ab
et
paris
madrid
24
london
09
amsterdam
08
zrich milan
24
frankfurt
rome
11
08
11
10
08
11
23
tel aviv
26
23
24
10
10
23
10
mumbai
14
14
ch th e em Ea Kin id h de s t dl G Fo ar side r- u ee nd ret Yo nd as az t A un Ju t io ne nde g L gen C La rso ead dst AF n ift ur L er Fo eus an s A ung nd Sp gu ca o or ag de F m p y Isr und er t fo e C ae ac lA r G oll eg l S i m o po n B bi od e en rt I a te tal Ce lia nt po Ita ia er l rl a ian f KF or t Inf o a h U M e D nci (Y isa a M C ble Th Ki A) U d e d K Pr Lo ind s C me in ce nd er om of on sp pa W Bu ital ny al sin Z es ri e O A ak ss S ch rt s & la ch n oo SO Kid ds l S s S c F h Vi o lla un ool ge da s d tio n E nf an St t M ar SPA s y s H RK os S CA Te pit ac al M h FE Fi D rs :C t am pa In i te gn rn f at or F io na em l R ale af r SO escu Edu ica ca S e Ch Co ti ild m on re mi n t s V tee ill ag es
14
bangkok
Fi na
singapore
nc ia
lI
hong kong
beijing
16
22
taipei
17
seoul
18
18
16
18
16
tokyo
18
17
22
18
17
Ch i nd na a us Lit er sia tr H y ac on in y & g To Fo ind Ko ng H kyo und ia Ch at So abi io t ci et at f arit n y M y f or H Ru at or ild Re um n a a Se hab ni da ili ty t n a Ch tio Ph n ai ay M r et Ra Si ath gh ai ta c t B S e Su sav ab ch oo ie er n To Du s In s H l om ky k W te r o Sy on nat e io m O ph rp na U ni ha l o t W n ak y of y O nag ak e r Ei g ch us a- ht est Ry Pa ra in o W Or tfe Yi atc ph st Kw hd an ag on og C e g O en t rp ha er na ge
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global giving
Center for AIDS Research
Doctors Without Borders / Mdecins Sans Frontieres
Weill Cornell Medical College
DRC Cancer Research Program
Institute for OneWorld Health
this map represents only a portion of our philanthropic initiatives for 2006.
PA G E I N D E X
LEHMAN BROTHERS SEEKS TO PROMOTE HEALTHY AND VIBRANT COMMUNITIES AND BUILD A FOUNDATION FOR THE FUTURE THROUGH INVESTMENT IN CHILDREN AND YOUTH. IN 2006, 77% OF THE GRANTS AWARDED BY THE LEHMAN BROTHERS FOUNDATIONS WERE TO ORGANIZATIONS SUGGESTED BY EMPLOYEES. A FEW EXAMPLES OF HOW WE HELPED ARE:
Restoring sight to 38,663 people in India Providing not-for-prot board training to 482 Lehman Brothers employees Bringing music to the bedsides of 40,000 people in healthcare facilities Collecting 8,700 pounds of food for local food banks, serving nearly 6,700 meals Raising more than $180,000 for the March of Dimes WalkAmerica to help in the ght against premature births Opening an arts program for more than 2,800 disadvantaged kids in the U.K. Building a new primary school in rural China that serves more than 300 students Training thousands of teachers to serve disadvantaged students and schools in the U.S. and the U.K.
WHERE WILL YOU MAKE YOUR MARK?
THE AMERICAS
Realizing how much we can do in the Americas.

IN PLACES AS VAST AS THE AMERICAS, YOU CAN ALWAYS FIND NEW WAYS TO HELP. FOR 2006, EMPLOYEES ASKED THAT THE LEHMAN BROTHERS FOUNDATION FOCUS ON SUCH FAR-REACHING LOCATIONS AS SOUTH AMERICA AND AFRICA, AND PLACES CLOSER TO HOME, LIKE FLORIDA, TEXAS, CALIFORNIA AND ILLINOIS. FROM EDUCATION AND HEALTHCARE TO THE ARTS AND CULTURE, THE OPPORTUNITIES TO MAKE AN IMPACT IN THE AMERICAS WERE AS DIVERSE AS ITS PEOPLE.
Community Outreach for Prevention & Education [COPE]

COPE was founded in 1995 by staff members at the Santa Monica-UCLA Medical Center. With our grant support, COPE works with premedical students and volunteer nurses from Santa Monica Hospital to provide local communities with health services.
Fabretto Foundation
Our grant to the Fabretto Foundation helps provide more than 4,000 children in Nicaragua with a comprehensive continuum of care that begins at ages 4 and 5 and continues until they graduate from high school.
Children learn and grow together with vocational training and enrichment activities such as sports, music, art and computer skills.
Providing Tomorrows Teachers

teach for america
A great teacher can change a childs life. Teach for America builds a national corps of outstanding college and university graduates who commit to teaching in low-income urban and rural classrooms. Many of these teachers become lifelong leaders in the effort to expand educational opportunity. Our three-year grant helps fund Teach for Americas teacher preparation and training program.
Students taught by Tea ch for America corps me mbers sho w an average of 1.2 years of accelerated academic growth per sch ool year.
Lehman Brothers Global Philanthropy 2006 Year in Review
THE AMERICAS
Revitalizing a Community
harlem childrens zone [hcz]
Every child needs proper support and guidance. HCZ works to create strong communities of families, teachers and leaders to provide guidance for thousands of New Yorks most underserved children. This work includes programs like The Baby College, which offers a nine-week parenting workshop to new or expectant parents, and Harlem Gems, an all day prekindergarten program with a 4:1 child-to-adult ratio. Some of our volunteer work with HCZ in 2006 included launching a biweekly math tutoring program at the Promise Academy; conducting a five-part Young Adult Career Workshop in which 35 HCZ interns learned interview skills, resume writing and job search techniques and assisting with the annual summer athletic competition on Randalls Island, in which 500 HCZ students participated. We are proud to be HCZs Lead Financial Services Sponsor.
550 In 2006, HC Z served 12, dren), chil clients (including 8,600 . 600 more than their target
INSPIRATIONAL PHOTOMONTAGE CREATED IN 2006 BY Z GROUP INC. FOR THE CHILDRENS HEALTH FUNDS HARLEM CHILDRENS HEALTH PROJECT WITHIN PROMISE ACADEMY CHARTER SCHOOL AT HCZ
PHOTOS POWELL PHOTOGRAPHY
In 2006, standardized test scores among Ariel students were up from the previous year. - Reading : up 10% - Math : up 16% - Science : up 24%
Educating Beyond the Classroom

ariel education initiative [aei]
Education initiatives are as much about helping kids get ahead as they are about helping them catch up. The AEI operates the Ariel Community Academy, a public school in Kenwood, IL, on Chicagos South Side, where 76% of this years eighth-grade graduating class went on to selective enrollment schools. Lehman Brothers employees volunteered as tutors for math and writing for standardized tests and served as expert lecturers by speaking with students about careers in finance. Our grant supports the AEIs 200607 Extended Day Program, an initiative that serves approximately 120 students in grades 18 by providing homework support and finance education, plus chess, music, tap dance, ballet and art instruction.
Fund for Public Schools

The Fund for Public Schools is a not-for-profit organization affiliated with the New York City Department of Education that channels private sector support to public education initiatives. Our grant supports The Leadership Academy, a training and leadership program for school principals.
DonorsChoose
DonorsChoose is a unique online community and resource where donors can directly fund proposals submitted by teachers for critically needed classroom material. We are the Principal Sponsors of DonorsChooses Chicago, New York and San Francisco Websites.
THE AMERICAS
den Included in the Mar largeexhibit were two new have scale paintings that ore. never been shown bef
Continuing Our Commitment to Art and Culture

the museum of modern art
The arts enrich our lives, challenge our thinking, broaden our perspectives and spark our creativity. As part of our ongoing commitment to cultural vibrancy in 2006, Lehman Brothers sponsored Brice Marden: A Retrospective of Paintings and Drawings at The Museum of Modern Art in New York from October 2006 through January 2007. This was an unprecedented exhibition of a living masters work, with more than fifty paintings and an equal number of drawings, organized chronologically and drawn from all phases of Mardens career.
BRICE MARDEN, AMERICAN, BORN 1938 STUDY FOR THE MUSES (HYDRA VERSION) 199195 / 1997 OIL ON LINEN 83 X 135 IN (210.8 X 349.2 CM) PRIVATE COLLECTION, NEW YORK 2006 BRICE MARDEN/ARTISTS RIGHTS SOCIETY (ARS), NEW YORK
Lincoln Center for the Performing Arts

Our multiyear grant to the Lincoln Center for the Performing Arts funds part of an extensive renovation and expansion project that will include the creation of The Lehman Brothers Grove. Lincoln Center is home to 12 world-class organizations that enhance cultural vibrancy, including the Metropolitan Opera, New York City Ballet, the New York Philharmonic and The Juilliard School.
CONCEPT RENDERING OF THE LEHMAN BROTHERS GROVE AT LINCOLN CENTER BY DILLER SCOFIDIO + RENFRO
Solomon R. Guggenheim Museum

No Limits, Just Edges: Jackson Pollock Paintings on Paper at the Solomon R. Guggenheim Museum in New York was the first retrospective in 25 years devoted exclusively to Pollocks works on paper and was organized on the occasion of the 50th anniversary of his death. Lehman Brothers was the lead sponsor of the exhibit.
The new grove will welcome visitors to the center of New York culture.
Building for Better Emergency Preparedness

new york downtown hospital
The best way to deal with emergencies is to be prepared for them. New York Downtown Hospital provides the only emergency room in the downtown area and was the first hospital to respond to the events of September 11, 2001. On that day, the hospital treated more than 1,500 patients, including 270 firefighters, police officers and rescue workers. In 2006, New York Downtown Hospital opened The Lehman Brothers Emergency Center, a new stateof-the-art emergency facility, doubling the size of the original emergency room and enabling the hospital to provide even better service to New Yorks downtown community.
Friends of Renascer, U.S. Foundation Supporting Associao Sade Criana Renascer [ASCR]
With our support, ASCR works in Brazil to provide children who have just been released from the hospital and their families with a range of services aimed at keeping them healthy and stable.
Vogel Alcove Childcare Center for the Homeless

Vogel Alcove focuses on underserved children who reside with their parents in 20 domestic violence and emergency shelters in the Dallas area. Our grant helps Vogel Alcove provide day care and social services for these children.
Giving Children a Healthy Future

the international kids fund at jackson memorial foundation
Not all people can get quality healthcare where they live. The International Kids Fund at Jackson Memorial Foundation in Miami provides healthcare to critically ill children from Latin America whose ailments are not treatable in their home countries. Our grant helped provide life-saving treatments for 50 children.
ves all of Downtown Hospital ser ighborhoods: these New York City ne - TriBeCa - Wall Street - Little Italy - Battery Park City e - The Lower East Sid - Ch inatown - SoHo
EUROPE & THE MIDDLE EAST
A year of beginnings.
IN EUROPE AND THE MIDDLE EAST, WE FOCUSED OUR PHILANTHROPIC EFFORTS WHERE WE CAN MAKE THE BIGGEST IMPACT: HELPING CHILDREN AND YOUTH. TO SUPPORT OUR COMMITMENT, WE UTILIZED MANY OF THE FIRMS RESOURCES BY MAKING FOUNDATION GRANTS, CONTRIBUTING CORPORATE FUNDS AND DONATING EMPLOYEE TIME AND EXPERTISE. IN 2006, MORE THAN 1,000 EMPLOYEES VOLUNTEERED TO HELP A VARIETY OF CAUSES, AND OUR EMPLOYEE REFERRALS RESULTED IN CONTRIBUTIONS TO A WIDE RANGE OF CHARITIES. TO HELP IMPLEMENT THE FIRMS COMMITMENT TO OUR LOCAL COMMUNITIES, PHILANTHROPY CHAMPIONS WERE APPOINTED IN EACH DIVISION AND REGION.
Teaching Lifes Lessons at Summer Camp

kfum [ymca] ume
Enabling young people to get ahead is about helping them to see their potential. With a special emphasis on socially excluded and economically disadvantaged children, KFUM Ume runs programs to strengthen families, communities and individuals. Our multiyear grant enables these children from disadvantaged backgrounds to attend Camp Nydala and Camp Norrbyskar, two summer camps in Sweden. At these camps, children ages 813 enhance their personal development through outdoor activities, sports and fellowship. Employees from our Ume office also served as volunteers at the camps.
Outdoor activities are just one way KF UM Umea helps children acquire confidence as they develop.
Shaping Leaders for a Better Future

eastside young leaders academy [eyla]
EYLA focuses on leadership development for disadvantaged African-Caribbean boys in London. By nurturing these skills and helping the boys feel empowered to direct their own lives, EYLA seeks to develop confident and inspired young men. Our involvement includes a grant for education programs and IT equipment, as well as mentoring of the boys by the London offices Multicultural Network.
Fondo per lAmbiente Italiano [FAI]

We are supporting FAIs work to save and restore for the public Italys finest building and heritage sites. Through its educational programs, FAI teaches schoolchildren about the history and culture of Italy.
ps provide the Lehman Brothers hel nities, role models educational opportu E YLA s young and encouragement eir potential. men need to reach th
Taking Youth to the Next Level

deutsche kinder- und jugendstiftung [german children and youth foundation]
The German Children and Youth Foundation focuses on fostering crucial improvements in childrens education and providing teenagers opportunities to discover potential career interests. Our grant funds a series of intensive academic camps to assist 150 disadvantaged children having difficulties advancing to their next grade level in school.
More than 30 programs help young people learn skills and explore career paths.
Turning Students into Teachers

teach rst
Teach First transforms exceptional university graduates into effective, inspirational teachers who make a commitment to work in the U.K.s inner-city schools. Our three-year grant funds the Leadership Behaviours program, which helps train these aspiring educators in leadership and management. Lehman Brothers employees also volunteer as professional mentors to the programs participants.
SOS Villages dEnfants [SOS Childrens Villages]

SOS Childrens Villages focuses on providing care for neglected and abandoned children and orphans, as well as disadvantaged families. Our grant to the SOS Childrens Village in the Neuville Village in northern France funds an academic and personal development program for each child of the village.
Since 1991, SPARKS has funded 160 medical projects in the U.K., committing over 13 million to tackle various medical conditions affecting children.
Working to Treat and Heal Children with Cancer

sparks: sports aiding medical research for kids
Lehman Brothers and SPARKS, the U.K. Employee Charity Partner through 2006, have spent three mutually rewarding years supporting cancer research. Through fundraisers, employee events and client outings, our staff has raised more than 300,000 to help find a cure for neuroblastoma, an aggressive cancer affecting young children.
The Israel Sport Center for the Disabled [ISCD]

The ISCD specializes in the physical and psychological rehabilitation of disabled young people. Our grant provided ISCD with 25 pediatric sport wheelchairs for use by their 1,800 members.
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Getting in the Game: The Positive Inuence of Sports

fondazione laureus sport for good italia
More than fun and games, sports teach children many of the skills they will need for life. Laureus Sport for Good Foundation develops charitable initiatives to meet the challenges affecting disadvantaged and disabled children through the positive influence of sports. Our grant supports a sports-focused youth development program for more than 350 youths from the Milan Educational Institute (Martinett) and surrounding low-income areas of Milan.
Fundacin Balia por la Infancia [Balia Foundation for Children]

Fundacin Balia por la Infancia provides for socially excluded children and teens by helping them learn and develop social skills in an informal and creative setting. Our grant goes toward one years cost to run the Balia Latina Community Centre in Madrid.
Giving Children a Place to Grow Strong

kids company
Kids Company provides emotional, practical and educational support to young people suffering from severe behavioral and social difficulties in deprived areas of London. Our partnership with the charity includes a grant to create an IT suite at the new Urban Academy, computer equipment donations and multiple volunteer efforts, including employees acting as one-on-one mentors for the children.
Kids Company currently ser ves more than 11,000 children through its 25 inner-city schools, a drop -in center and the Urban Acad emy.
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The games have begun for more than 350 youths in Milan participating in the Sport for Good program.
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AFRICA
PHOTO CAMFED/MARK READ
Going where the need is so great.

IN PLACES OF GREAT NEED, SMALL INVESTMENTS GO A LONG WAY. IN 2006, OUR EMPLOYEES ASKED THAT THE FOUNDATION GIVE TO CHARITIES IN AFRICA, A PLACE WHERE WE HAVE NO OFFICES. THE RESULTS ARE ALREADY MAKING A DIFFERENCE. BY MAKING THOUGHTFUL GRANTS, WE WERE ABLE TO HELP CHANGE LIVES IN WAYS THAT WILL BE FELT FOR YEARS TO COME.
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Shaping the Future through Womens Education

campaign for female education [camfed]
Where public schools dont even exist, many people cannot afford basic education. CAMFED is an organization that funds education for girls in villages from Zambia, Ghana, Tanzania and Zimbabwe. Our grant to CAMFED completely covers the costs for 660 girls to attend all four years of secondary school.
In Africa, with every additional year of education beyond primary school, a womans income increases by 15%.
Helping Refugees Help Themselves

international rescue committee [irc]
The International Rescue Committee trains refugees to become teachers for children who have been or still are refugees in Africa. Our grant covers the cost of training 7,000 teachers.
Providing for Children Who Have Lost Their Parents

sos childrens villages
Warfare, famine and AIDS have decimated Africas adult population, leaving many children to fend for themselves. SOS Childrens Villages provides housing, education and medical care to children who have lost their parents. Our grant covered the cost of nurturing care for 130 of these children in a village in Malawi.
ently serve I RC programs curr d displaced 350,000 refugee an ntries worldch ildren in 20 cou in Africa. wide, including 13
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ASIA & INDIA
Getting involved on a personal level.

WHILE FINANCIAL DONATIONS ARE UNDOUBTEDLY AN IMPORTANT PART OF PHILANTHROPY, SO ARE THE TIME AND EFFORT OF INDIVIDUALS WHO GET INVOLVED ON A PERSONAL LEVEL. IN 2006, LEHMAN BROTHERS AND ITS EMPLOYEES IN ASIA AND INDIA BROUGHT THESE TWO ELEMENTS OF PHILANTHROPY TOGETHER NOT ONLY BY MAKING FINANCIAL CONTRIBUTIONS, BUT ALSO BY GOING FURTHER AND GETTING INDIVIDUALLY INVOLVED.
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Giving Children a Place to Learn

china literacy foundation [clf ]
A classroom is a precious gift anywhere, particularly in rural China. The China Literacy Foundation is a not-for-profit organization in Hong Kong that provides educational facilities and opportunities to underprivileged children in rural areas of China. Lehman Brothers employees traveled by plane, train and bus to visit the brand new Yang Di Primary School in Shaanxi province, now a six-classroom facility for 300 primary-school children, built through a Lehman Brothers Foundation grant.
51 Since 1999, CLF has opened er bett e schools and helped provid 000 lives for approximately 15, children in rural China.
Sightsavers International
Sightsavers works to combat blindness in developing countries, and our support contributed to more than 38,000 sightrestoration procedures in India alone.
Metta Welfare Organization

A grant from Lehman Brothers opened a library at the Metta School in Singapore, which serves 395 students between ages 6 and 18 with mild intellectual disabilities and autism.
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ASIA & INDIA
Building the Foundation for a Better Future

habitat for humanity
Shelter is a fundamental necessity, yet many in need live without it. Habitat for Humanity has a tremendous record of providing affordable housing all over the world. With the indiaBUILDS project, Habitat for Humanity aims to provide decent shelter for 250,000 people by 2010. In 2006, 55 Lehman Brothers employees and a grant from the Foundation helped build two houses in Malavli, Maharashtra, India, and for 2007, additional teams will work with Habitat throughout the region.
Watchdog Center
Our grant helped refurbish facilities at the Watchdog Center, one of the only not-for-profit organizations in Hong Kong that provides educational programs for children with early learning disabilities.
Tokyo Symphony Orchestra

The Foundation supported the 2006 season of the Tokyo Symphony Orchestras Annual Childrens Concert Series, a special program consisting of four concerts created for young audiences that otherwise would have been inaccessible.
from ch ildren Than k-you notes show how big at the orphanages an Brothers an impact Lehm employees make.
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Running to Raise Money

matilda sedan chair race
The annual Matilda Sedan Chair Race is a major charitable fundraising event in Hong Kong benefiting 35 charities, including organizations that support children, the elderly and people with special needs. In our fifth year of participation, Lehman Brothers employees helped raise nearly $50,000.
The Matilda Sedan Chair Race teams from Lehman Brothers raised record amount s th is year.
Hong Kong Society for Rehabilitation

Over the next two years, and supported by our grant, the Hong Kong Society for Rehabilitation is training 480 rehabilitation healthcare practitioners across China, including Tibet, in a program that has won recognition from the Chinese government.
Helping Children Without Families Feel at Home

phayathai babies home, sun duk won orphanage, wakakusa-ryo orphanage and yi kwong orphanage
Lehman Brothers employees throughout the region have established relationships with orphanages in their respective cities. Over the past year, employees have given their time to visit the children, repair walls, organize barbecues and participate in special outings to concerts, performances and an overnight nature camp.
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GLOBAL GIVING
From vaccinating over half-a-million children against measles in the De mocratic Republic of Congo to aiding survivo rs of the devastating earthquake in Pakistan, MSF responds rapidly to emergencies all over the world.
PHOTO DIETER TELEMANS
PHOTO JUAN CARLOS TOMASI / MSF
Some causes transcend all borders.

WHEN IT COMES TO THE WORLDS MOST SERIOUS HUMANITARIAN AND HEALTH CRISES, THERE ARE NO BOUNDARIES. IN 2006, THE SUPPORT LEHMAN BROTHERS LENT TO GLOBAL CAUSES WAS TRULY FELT THE WORLD OVER. FROM SUPPORTING INTERNATIONAL RESEARCH ON CURING THE WORLDS WORST DISEASES TO PROVIDING EMERGENCY AID IN SOME OF THE WORST CRISIS SPOTS, THE IMPACT OF OUR WORK GOES BEYOND ALL BORDERS.
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Responding Wherever Theyre Needed

doctors without borders / mdecins sans frontires [msf]
Humanitarian crises dont stop at borders, and neither should the people who respond to them. MSF is an independent, international humanitarian organization that delivers emergency aid to people affected by armed conflict, epidemics, disasters or exclusion from healthcare. In addition to multiple grants for direct support after earthquakes in Indonesia and Pakistan, our three-year grant to MSF helps support its standing Emergency Relief Fund.
Institute for OneWorld Health [IOWH]

Our support of IOWH works to find a drug to affordably treat pediatric diarrheal disease, which kills approximately two million children in developing countries each year.
PHOTO ESPEN RASMUSSEN
Center for AIDS Research [CFAR] at Albert Einstein College of Medicine of Yeshiva University and Monteore Medical Center
Our grant supports research at CFAR, which is responsible for some of the most significant breakthroughs in the fight against HIV/AIDS.
Breaking Ground to Find a Cure

weill cornell medical college
To cure a disease as serious as lung cancer, doctors and researchers need world-class facilities. Weill Cornell Medical College recently broke ground on the Lehman Brothers Lung Cancer Research Center, a core component of the Colleges newly established Lung Cancer Research Institute. It is the first of its kind in New York and one of only six centers in the U.S.
Dorothy Rodbell Cohen Cancer Research Program

The Dorothy Rodbell Cohen Cancer Research Program of The Lehman Brothers Foundation supports high-impact cancer research projects from a select group of top medical institutions around the country.
Lehman Brothers On June 8, 2006, k off construction executives helped kic Brothers Lung on the new Lehman ter, wh ich will open Cancer Research Cen 07. in the summer of 20
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EMPLOYEE INVOLVEMENT
Giving our time and effort.

PHILANTHROPY IS ABOUT MUCH MORE THAN SIMPLY GIVING MONEY. ALL OVER THE WORLD IN 2006, LEHMAN BROTHERS EMPLOYEES GAVE THEIR TIME AND ENERGY TO BUILD SCHOOLS, IMPROVE HOSPITALS, TUTOR SCHOOLCHILDREN AND REVITALIZE COMMUNITIES, AMONG NUMEROUS OTHER ACTIVITIES.
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The Foundation for Hospital Art Unity of Eight Paintfest

The Foundation for Hospital Art Unity of Eight Paintfest was our first-ever global volunteer event, bringing together all eight Lehman Brothers offices in Asia and the Lehman Brothers Asian Network in New York to complete a specially commissioned Branch of Eight Unity Mural. Each office painted a section of the mural, which was later donated to the Yang Di School in rural China, built with a grant from The Lehman Brothers Foundation.
Employees not only raised funds, they placed first in the mens 5K, and third in the womens.
Financial Industry in Tokyo (FIT) Charity Run

Lehman Brothers is a founding member of the FIT Charity Run, which was started in 2005. In 2006, the event grew to include 50 participating companies and more than 2,500 runners and volunteers. More than $300,000 was raised to benefit six charities in Tokyo.
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the Sometimes fun is kids. best medicine for
The Kinderspital Zrich

[zrich childrens hospital]
The Zrich Childrens Hospital, affiliated with the University of Zrich, is Switzerlands largest center dedicated to improving childrens health. Lehman Brothers employees sponsored and volunteered at the hospitals summer fair, which was attended by 700 patients and community members.
St Marys Hospital
More than 100 employees volunteered to help renovate the staff education and training center at St Marys Hospital in London. Employee efforts included creating 25 pieces of new artwork for the hospital.
Oaklands School
Our long-standing relationship with Oaklands School in Londons Tower Hamlets borough has helped achieve outstanding results for the children and the school. At Oaklands, teachers work to instill childrens learning experiences with global dimensions while creating an atmosphere of academic aspiration. Lehman Brothers employees mentor students in Reading, Science and French Partners Programs. We invite students to our headquarters for engaging class lessons with our volunteers, and our senior employees offer advice and expertise to the school and its board of governors.
Since 2002, student s at Oaklands School have consistently scored higher than th e national average on standard ized exams.
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Centro di Aiuto al bambino maltrattato e alla famiglia in crisi [CAF]

CAF, the Milan offices chosen charity, houses 30 children between ages 3 and 12 who have been removed from their parents custody by the courts. Lehman Brothers employees volunteered at the Summer Fete, sold tea to raise funds and organized the CAF Childrens Year End Party.
The Prince of Wales Arts & Kids Foundation

The Prince of Wales Arts & Kids Foundation works to give socially excluded and economically deprived children a chance to experience the arts. Through its core program, the charity works with committed arts organizations around the U.K. and partners them with primary and secondary schools to develop an expanded curriculum that combines hands-on learning with visits to artistic venues. Lehman Brothers employees assist at these workshops and with the post-visit curriculum development.
Elizabeth Garrett Anderson Language College

This unique community project united Lehman Brothers with a client, students from an inner-city girls school and two environmental charities to provide indoor and outdoor hands-on learning experiences about solar energy and nature. The result was a beautiful outdoor area for the 1,200 girls attending Elizabeth Garrett Anderson Language College in London.
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Womens World Bank [WWB]

WWB helps create possibilities for low-income women, helping them build their businesses and assets, improve their living conditions and keep their families healthy. Lehman Brothers employees volunteered to write a guide to capital markets that will be used by the microfinance institutions WWB supports and will be printed in English, French and Spanish.
help small Loans from WWB e, creating new businesses thriv ilities for many lives and possib families. women and their
PHOTO COURTESY OF WWB
Walks, Runs and Drives

Throughout the year, employees in U.S. offices took part in several activities, including:

Holiday food and toy drives Autumn school-supply drives March of Dimes WalkAmerica Leukemia & Lymphoma Societys Light the Night Walk Susan G. Komen Race for the Cure American Heart Association Walk/Run AIDS Walk Revlon Run/Walk for Women
PHOTO COURTESY OF WWB
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DIVERSITY & INCLUSION
Being true to our core values.

AT LEHMAN BROTHERS, WE STRIVE TO FOSTER A CULTURE THAT IS FULL OF OPPORTUNITY. DIVERSITY AND INCLUSION ARE ESSENTIAL ELEMENTS OF OUR CULTURE, AND HIGHER EDUCATION PLAYS AN INVALUABLE PART IN HELPING SO MANY OF US WITH WHO WE WANT TO BECOME. WITH THIS IN MIND, LEHMAN BROTHERS SUPPORTS ORGANIZATIONS DEVOTED TO PROMOTING AND ENHANCING DIVERSITY, INCLUSION AND HIGHER EDUCATION.
, Jr., Chairman Richard S. Fuld break ground for and CEO, helps the memorial.
Martin Luther King, Jr. National Memorial

Lehman Brothers is proud to have committed $1 million to support the construction and maintenance of the Martin Luther King, Jr. National Memorial on the National Mall in Washington, D.C. Dr. King inspired many with his vision of a future where inclusion is the rule, not the exception. Several of the Firms leaders took part in the groundbreaking ceremony of this $100 million initiative in November 2006.
Lehman Brothers Centre for Women in Business at London Business School

The Lehman Brothers Centre for Women in Business at London Business School aims to transform business education and practice, serve as a catalyst for new ideas and act as a forum for debate and discussion. Most importantly, it seeks to provide solutions for the challenges that businesses face in attracting and retaining talented women. Lehman Brothers has made a five-year sponsorship commitment to the Centre and provides strategic direction and marketing support to further its endeavors.
Jere my M. Isaacs, CEO, Europe & Asia , joined the Centres Executive Director, Lynda Gratton, in celebrating the Centres opening.
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LEHMAN BROTHERS GLOBAL PHILANTHROPY
Mission
Lehman Brothers seeks to support innovative not-for-prot organizations that work to advance quality healthcare, promote excellence in the arts and culture and educate and help meet the needs of underprivileged children and youth. We believe that working together toward these goals will enrich the experience of working at the Firm and strengthen our relationships with all our constituents our community, our people, our clients, our shareholders. Our philanthropy is most powerful when it taps the combined potential of the Firm and its employees. We are committed to partnering with employees to maximize this potential. We leverage all the Firms resources through our philanthropy, including Foundation and corporate grants, employee-matching gifts, in-kind donations, employee expertise and involvement, volunteerism and not-for-prot board service.
27
GRANTS AND CONTRIBUTIONS The Lehman Brothers Foundation The Lehman Brothers Foundation Europe
* Employee Suggestion The Lehman Brothers Foundation Europe
Children & Youth
enhancing educational quality and opportunity

A Better Chance*
Expansion of national College Preparatory Schools program
$50,000
Community Links
Renovation of Peabody Hall, the main venue for Community Links after-school programs for disadvantaged youth in London
20,000
The Akanksha Foundation*

Akanksha School Project in Mumbai / 20062008
$42,000
Deutsche Kinder- und Jugendstiftung

Academic camps for disadvantaged youth in Frankfurt
53,000
Alpine Learning Group*

School serving children with autism in New Jersey
$25,000
DonorsChoose*
Principal sponsor of Web portal allowing donors to fund specic teacher-requested projects in Chicago, New York and San Francisco / 20052006
$1,000,000
America Scores*
Soccer and creative writing program in San Francisco
$10,000
Ariel Education Initiative*

Extended Day Program at the Ariel Community Academy serving students in inner-city Chicago
$75,000
East Harlem School at Exodus House*

Construction of a new school building for underserved children in East Harlem / 20062007
$100,000
Atlanta Speech School*

Program preparing children with hearing loss for educational mainstreaming in Atlanta
$10,000
East Harlem Tutorial Program*

Academic enrichment for youth in East Harlem
$25,000
Eastside Young Leaders Academy* $35,000

Expansion of technology facilities and support for after-school program in London
20,000
Beginning with Children Foundation
Academic and social support for charter school students
Bridge School*
Specialized facilities for students with severe learning difculties in London
50,000
Fabretto Foundation*
Academic enrichment programs for underprivileged children in Nicaragua
$25,000
CAMFED: Campaign for Female Education*

Fellowships for 660 girls to attend secondary school in the African countries of Tanzania, Zambia and Zimbabwe / 20062009
$412,000
Fund for Public Schools

The Leadership Academy, a training and leadership program for public school principals / 20062007
$500,000
Careers through Culinary Arts Program*

National school-to-career program in the culinary arts in the U.S.
$25,000
Fundacin Balia por la Infancia*

After-school community center for underprivileged children in Madrid
45,000
Chess-in-the-Schools
High School College Bound Program for public school students
$30,000
Global Kids*
Power of Citizenry leadership program
$25,000
Chicago Youth Programs*

Programs for at-risk youth from preschool to college in inner-city Chicago
$15,000
Good Shepherd Services*

After-school academic enrichment programs
$10,000
Grand Street Settlement $50,000

Lehman Brothers College and Career Discovery Center at the Beacon Program / 20052006
$200,000
Children for Children
Grow Involved Classroom Kit program / 20062007
Childrens Aid Society*

Creation of a Harlem Renaissance-themed after-school arts program / 20062007
$70,000
Illinois Math and Science Academy*

Camps and after-school math and science programs for children throughout Illinois / 20052006
$60,000
Citizen Schools*
Hands-on learning projects taught by trained volunteers in Boston
$35,000
International Rescue Committee*

Teacher-training program in refugee and post-conict communities in Africa
$100,000
28
Jewish Council for Youth Services of Chicago*

Educational program for at-risk children in Chicago public schools
$25,000
The TEAK Fellowship

Summer institute for talented underprivileged high school students
$30,000
Tower Hamlets Education Business Partnership KFUM (YMCA) Ume*

Free participation in summer camp program for underprivileged children in Ume, Sweden / 20072008
80,000
22,000
Getting Ahead educational program for underprivileged children in the London borough of Tower Hamlets / 20062007
Turnaround for Children* Kids Company*

Urban Academy program for disadvantaged youth in London
$25,000
36,000
Program in public schools serving children with behavioral disorders
Metta School*
Creation of a library for children with intellectual disabilities in Singapore
$25,000
Uncommon Schools*
The Lehman Brothers Achieving College Excellence Program at the Northstar Academy Charter School in Newark, NJ
$25,000
Microseed
Educational center for underserved children in Sri Lanka
$10,000
University Settlement
Youth-in-Action Leadership Program at the Beacon Program
$50,000
New York City Outward Bound*

Network of small schools within the public school system based on the expeditionary learning model
$100,000
Westchester Exceptional Childrens School*

Construction of a model apartment for youth with mental disabilities
$10,000
Oaklands School
Development and implementation of extracurricular programs for underserved students in London
60,000
Young Americans Center for Financial Education*

International Towne global economics program in Denver
$20,000
The Posse Foundation

National college placement and support programs for youth leaders from urban public high schools in the U.S.
$50,000
meeting fundamental needs

Prep for Prep
National preparatory school placement and support program for high-potential underserved youth in the U.S.
$25,000 Boston Medical Center $20,000

Child Protection Team providing medical services to abused children in Boston
$25,000
Project Exploration
Sisters4Science Program in Chicago schools
Brooklyn Bureau of Community Services $25,000

Social service programs for disadvantaged children
$10,000
Prospect Park Alliance*

Brooklyn Academy for Science and the Environment
Center for Family Representation* $30,000

Multidisciplinary legal representation for parents whose families are in crisis
$25,000
Safe Space
Employment training program for at-risk youth
SCAN: Supportive Childrens Advocacy Network

Reach for the Stars college preparation program
$20,000
The Childrens Home*

Residential program for abused, neglected or abandoned children in Tampa
$25,000
SHINE: Support and Help in Education*

Educational enrichment programs for students in Londons Tower Hamlets borough / 20042009
548,000
The Country Trust*

Provides inner-city students with enrichment programs in rural settings in the U.K.
32,000
Summer Search*
Experiential learning programs for at-risk youth including mentoring and college application support
$10,000
The Door A Center of Alternatives*

Educational and social services for at-risk youth in New York
$10,000
Teach for America

National teacher-training program bringing recent college graduates to teach in underserved communities in the U.S. / 20062008
$3,000,000
Fiver Foundation*
Youth development programs for underserved children, including a tuition-free summer camp
$25,000
Teach First
Leadership Behaviours program for recent university graduates teaching in underprivileged communities in the U.K. / 20062008
75,000
Fondazione Laureus Sport for Good Italia*

Sports-focused youth development program for disadvantaged children in Milan
50,000
29
Girls Inc.*
Services for underserved girls in Harlem
$10,000
Urban Dove*
Peer mentoring, tutoring and recreation programs for at-risk youth
$25,000
Harlem Childrens Zone*

Growth plan to extend services to a 90-block area in Harlem / 20042006
$3,000,000 Vogel Alcove*

Childcare services for homeless families in Dallas
$10,000
The Jericho Project*

Family Reunication Project
$25,000
Women in Need
Summer educational and recreational program for children living in transitional housing
$35,000
Larkin Street Youth Services*

Program serving homeless youth in San Francisco
$25,000 The York Street Project* $67,000

The Nurturing Place, an early childhood education center for women living in transitional residences in Jersey City, NJ
$25,000
Magic Bus
Enrichment programs for disadvantaged children in Mumbai, India / 20062008
Youth at Risk*
Educational and social programs for at-risk youth
$15,000
New York Legal Assistance Group

Professional legal representation for children with legal advocacy needs
$30,000
Nicholas House
Programs for homeless youth in Atlanta
$10,000
Healthcare
Our House
Early childhood education and support services for homeless families in Atlanta
$10,000
supporting innovative medical research

$15,000 Albert Einstein College of Medicine of Yeshiva University and Monteore Medical Center* $30,000
AIDS treatment research project at the Center for AIDS Research / 20062007
Person to Person
Campership program for underserved youth in Stamford, CT
$100,000
Randalls Island Sports Foundation

After-school sports programs for underserved children
Rape Treatment Center at Santa MonicaUCLA Medical Center*

Stuart House program for children in Los Angeles who have been sexually abused
American Diabetes Association $25,000

Prevention of Type 1 and Type 2 diabetes project
$50,000
Baylor College of Medicine*

Improved diagnosis and treatment of aortic aneurysms
$25,000
Robin Hood Foundation*

Children & Youth Programs / 20042006
$1,000,000 Christopher Reeve Paralysis Foundation

Nerve regeneration research project / 20052006
$150,000
Safe Horizon*
Childrens Advocacy Centers providing multidisciplinary support to children who have been abused
$50,000 Columbia University Taub Institute for Research on Alzheimers and the Aging Brain $25,000
Development of effective treatment for Alzheimers disease / 20062007
$100,000
Seeds of Peace
Leadership and coexistence programs for children from conict areas
Cystic Fibrosis Foundation* $10,000

Development of more effective methods for assessing the effects of cystic brosis
$25,000
SGA Youth and Family Services
Mental health and skill-building services for at-risk youth in Chicago
Foundation Fighting Blindness* $200,000

Retinal degenerative disease research
$50,000
SOS Childrens Villages
SOS Village in the African country of Malawi
Institute for OneWorld Health* 45,000

Development of cost-effective treatment for pediatric diarrheal disease / 20052006
$100,000
SOS Villages dEnfants
Personal development and academic programs for mistreated and neglected children in the SOS Village in Neuville, France
30
Juvenile Diabetes Research Foundation*

Treatment for complications caused by diabetes
$50,000
Evelina Childrens Hospital*

Creation of a broadcast studio and performing arts center for the children in the hospital
50,000
Leukemia and Lymphoma Society

Development of new cancer treatment drugs / 20052007
$135,000 The Family Center* $35,000

Services for disadvantaged families affected by life-threatening illnesses
$25,000
Mayo Clinic*
Polycystic kidney disease treatment project
Fertile Hope* $30,000

National education and support programs for cancer patients dealing with fertility issues in the U.S.
$25,000
North Shore Medical Center
Clinical trials exploring new cancer treatments
Weill Cornell Medical College*

Pediatric brain tumor research project / 20062008
$100,000
Friends of Renascer
Programs serving disadvantaged children who have been recently discharged from hospitals in Brazil
$25,000
Weill Cornell Medical College Lehman Brothers Lung Cancer Research Center*
Center for basic science and translational research on lung cancer / 20052011
$6,000,000
Fondazione Dynamo*
Summer camp program for sick children in the Tuscany region of Italy
75,000
HelpAge India*
Mobile Medicare Units providing services to disadvantaged elderly people in Mumbai
$14,000
delivering medical services and support

Alzheimers Association of New York City*
Programs assisting Alzheimers patients and their families
Hong Kong Society for Rehabilitation*

Training of healthcare workers in rural China to treat people with disabilities / 20052006
$347,000
$25,000
Hospital for Special Surgery*

Outreach program providing bone, muscle and joint screenings to underserved children
$10,000
Breastcancer.org*
Website providing information to people affected by breast cancer
$25,000
House Ear Institute* $10,000

Hearing Healthcare Program for Disadvantaged Children in Los Angeles
$25,000
Camp Kudzu
Summer camp program for children with diabetes and their families in Atlanta
Israel Sport Center for the Disabled* $10,000

Pediatric sports wheelchairs for disabled youth in Tel Aviv
20,000
Cancer 101
Supportive resources for newly diagnosed cancer patients
Jackson Memorial Foundation* $50,000

Bringing underprivileged children from Latin America and the Caribbean for treatment at Jackson Memorial Hospital in Miami
$50,000
Cancer Care
National support programs in the U.S. for people affected by cancer
Cedars-Sinai Medical Center*

Neonatal intensive care unit Good Beginnings program in Los Angeles
$25,000
Joslin Diabetes Center*

JumpStart program for disadvantaged children in Boston
$25,000
Keech Cottage Childrens Hospice* $25,000

Recreation, therapy and learning programs for children with terminal or life-limiting conditions in the U.K.
10,000
Childrens Health Fund
Programs for medically underserved children and families
CLIC Sargent*
Programs for children and young people undergoing cancer treatment in the U.K.
30,000
Make-A-Wish Foundation*
Fulllment of wishes for terminally ill children from underserved communities
$50,000
COPE: Community Outreach for Prevention & Education*

Health education outreach program in Los Angeles Venice and Oakland communities
March of Dimes* $10,000

Programs and services to serve children with birth defects and prevent prematurity
$75,000
Memorial Sloan-Kettering Cancer Center* $25,000

Cancer Survivorship Program
$40,000
Cure Autism Now

National Autism Treatment Networks in the U.S.
31
National Foundation for Facial Reconstruction*

Medical services for disadvantaged children with facial disgurement
$25,000
Memorial Sloan-Kettering Cancer Center

Study of the development of secondary tumors caused by chemotherapy
$25,000
National Society for the Prevention of Cruelty to Children*

Pilot initiative connecting youth in need of help to services using text messaging
NYU Cancer Institute 75,000

Study of treatments for prostate cancer
$25,000
The Scripps Research Institute

Drug treatment studies for a broad spectrum of cancers
$25,000
NYU Medical Center*

The Lehman Brothers Infusion Suite at the Stephen D. Hassenfeld Childrens Center for Cancer and Blood Disorders
$100,000 University of California, Los Angeles

Research on potential application of a current cancer drug for treatment of other cancers
$25,000
Orchid Cancer Appeal*

Testicular cancer informational support for young men in secondary schools and colleges
15,000 University of California, San Francisco Comprehensive Cancer Center $25,000

Research into the development of chronic myelogenous leukemia
$25,000
Perkins School for the Blind
Expansion of geographic outreach programs for blind and visually impaired children in the Boston area
University of Chicago Cancer Research Center $25,000

Use of MRI technology to detect the spread of breast cancer to the lymph nodes
$25,000
Saint Barnabas Health Care System*

Resource guide for parents of neonatal intensive care patients in New Jersey
University of Texas M.D. Anderson Cancer Center

Use of immunotherapy to treat metastatic melanoma
$25,000
Sick Childrens Trust*

Housing for the families of children receiving treatment for serious illnesses at The Royal London Hospital
10,000
Sightsavers International*
Treating patients with correctable blindness in China and India / 20052007
$300,000
providing emergency relief

Doctors Without Borders / Mdecins Sans Frontires
Long-term relief services for victims of the October 2005 South Asia earthquake
Society for AIDS Care*

Training healthcare workers in China to provide support services to people with HIV/AIDS / 20062007
$72,000
$500,000
University of California, San Francisco Comprehensive Cancer Center

Support services for people with cancer in San Francisco
$50,000

Emergency Relief Fund, used to support efforts in response to neglected emergencies in countries such as Pakistan, Niger, Sudan, Chad, Haiti, Liberia, Ivory Coast, and the Democratic Republic of Congo / 20052007
$375,000
Vital Bridges*
Nutrition, housing and counseling services for people living with HIV/AIDS in Chicago
$25,000

Relief for victims of the May 2006 Indonesia earthquake
$100,000
dorothy rodbell cohen cancer research program

Cancer Institute of New Jersey
Identication of a targeted therapy for basal-like cancers
$25,000
Cold Spring Harbor Laboratory

Research into DNA changes identied in lung cancer
$25,000
Columbia University Medical Center

Research into melanoma formation in order to develop a targeted therapy
$25,000
32
Arts & Culture
promoting excellence in the arts for children and young artists

Arts Connection*
Arts in education program for New York City public schools
$25,000
High 5 Tickets to the Arts*

Teen Reviewers and Critics arts and literacy program
$10,000
Astral Artistic Services*

Career services for promising young artists
$10,000
Little Orchestra Society

Community outreach and arts education program
$10,000
Ballet Florida*
City Dance Outreach Program providing ballet classes to underserved children in South Florida
$10,000
Los Angeles Opera*

Education and outreach programs for underserved children in Los Angeles
$25,000
Ballet Tech
Tuition-free ballet school for New York City public school students
$10,000
Massachusetts College of Art*

Looking to Learn Program at the Center for Art & Community Partnerships / 20062007
$30,000
Berklee College of Music*

City Music Program for disadvantaged youth in Boston
$20,000
McCarter Theatre
Theater education programs for children in New Jersey
$10,000
Brooklyn Arts Council

Arts in education programs for children and families in Brooklyn, NY
$10,000
Museum in Docklands*
Curriculum-based education and practical work experience programs for schools in East London
16,900
Chicago Childrens Choir*

Neighborhood Choir Program for underserved children in Chicago
$25,000
Opera Orchestra of New York*

Young Artists career development program
$10,000
Chicago Shakespeare Theater*

Team Shakespeare education program in Chicago public schools
$25,000 Orchestra of St Lukes

Expansion of Arts Education Programs / 20062007
$50,000
Cooper-Hewitt, National Design Museum*

Design Directions and A City of Neighborhoods career and design instruction programs for children and youth
$75,000
Pascal Rioult Dance Theatre*

DanceREACH education program for children in underserved schools / 20052006
$50,000
Dallas Childrens Theater*

In-school arts education program for underserved youth in Dallas
$10,000
The Point*
Youth development program at cultural center in the Bronx, NY
$10,000
Design Museum*
Extracurricular design challenge program for underserved children and youth in London / 20062007
21,400
The Prince of Wales Arts and Kids Foundation

Year-long arts education partnerships between ve cultural venues and 38 schools in Southern England
60,000
Downtown Community Television Center*

PRO-TV youth media-arts training program
$30,000
Repertorio Espaol*
Spanish-language theater education and outreach programs
$10,000
Education Through Music*

Music instruction for underprivileged children in New York City public schools
$10,000
Saint Joseph Ballet*

School counseling and dance program in Los Angeles
$10,000
The Half Moon Young Peoples Theatre*

Multi-sensory Theatre Education program for young children with learning disabilities and a Careers In Theatre program for secondary school students in London
35,000
Third Street Music School

Music instruction for underserved children
$10,000
Utah Symphony & Opera* $20,000

Education and outreach programs across Utah
$25,000
Heart of Brooklyn*
Summer camp program for children at cultural institutions throughout Brooklyn, NY
33
enhancing cultural vibrancy

Alliance of Resident Theatres*
Resources and services for not-for-prot theaters
$25,000
Boston Museum Project*

Capital support for history museum in Boston
$50,000
supporting volunteer partners

Habitat for Humanity
Home-building project in Maharashtra, India / 20062007
$100,000
NPO Palette*
Program for people with mental disabilities in Tokyo
$35,000
Second Harvest Japan*

Food collection and distribution in Tokyo / 20052006
$88,000
Taproot Foundation*
Corporate Outreach Program / 20052006
$100,000
In 2006, 77% of Foundation grants were made to organizations recommended by employees.
34
Selected Signicant Corporate Grants
in addition to funding provided through the lehman brothers foundations, lehman brothers provides substantial support to the community through direct corporate giving. in 2006, this support totaled nearly $20 million globally, including payments toward multiyear commitments. the following are some of this years highlights.
Alvin Ailey American Dance Theater
Lehman Brothers Ailey Camp Endowment Fund / 20032007
$1,500,000
Martin Luther King, Jr. National Memorial

Support for the construction and maintenance of the memorial on the National Mall in Washington, D.C. / 20072010
$1,000,000
Chongqing Aid Service Foundation for Children with Leukemia

Assisting underserved families in China who are unable to afford treatment for their children with leukemia
$200,000
The Museum of Modern Art

Lead sponsorship of the exhibition Brice Marden: A Retrospective of Paintings and Drawings
$1,000,000
Henry Street Settlement

Lead underwriting support for The 18th Annual Art Show
$150,000
Save the Children

Support for programs helping vulnerable children in the U.K. and around the world
70,000
Institute for International Education

Supplemental scholarships for ten Fulbright Scholars studying in the U.S.
$210,000
Solomon R. Guggenheim Museum

Lead sponsorship of No Limits, Just Edges: Jackson Pollock Paintings on Paper
$100,000
The Juilliard School

Principal Corporate Sponsor of the Centennial Celebration / 20052006
$800,000
Sponsors for Educational Opportunity

Endowment support for national program that provides mentoring to high school and college students of color / 20062010
$850,000
Lincoln Center for the Performing Arts

Creation of The Lehman Brothers Grove as part of Lincoln Centers extensive renovation and expansion / 20062010
$3,000,000
St Marys Hospital
Support for staff projects and research programs at the hospital in London
116,500
London Business School

Multiyear exclusive sponsorship of the Lehman Brothers Centre for Women in Business / 20062010
1,750,000
University of Chicago
Sponsorship of The Lehman Brothers Classroom at the Universitys Graduate School of Business in memory of Vice Chairman Sherman R. Lewis, Jr. / 20052014
$1,000,000
35
Corporate Support for Cultural Vibrancy

ORGANIZATION / LOCATION
92nd Street Y / New York Actors Fund of America / U.S. Almeida Theatre / London American Folk Art Museum / New York American Ballet Theatre / New York American Museum of Natural History / New York Apollo Theater / New York Art Institute of Chicago / Chicago Asia Society / New York Brooklyn Academy of Music / New York Brooklyn Museum of Art / New York Carnegie Hall / New York Central Park Conservancy / New York Chicago Childrens Museum / Chicago Childrens Museum of Manhattan / New York Dallas Symphony Orchestra / Dallas Donmar Theatre / London Fondo per lAmbiente Italiano / Italy Franklin Institute / Philadelphia Garsington Opera / Oxford, U.K. Glyndebourne Opera / Lewes, U.K. Houston Ballet / Houston Houston Symphony / Houston International Center for Photography / New York The Jewish Museum / New York John F. Kennedy Center for the Performing Arts / Washington, DC Raymond F. Kravis Center for Performing Arts / West Palm Beach, FL Liberty Science Center / Jersey City, NJ Liebieghaus / Frankfurt Lincoln Center for the Performing Arts / New York Los Angeles Philharmonic / Los Angeles Manhattan Theatre Club / New York Metropolitan Museum of Art / New York Morgan Library & Museum / New York Mori Art Museum / Tokyo Muse du Louvre / Paris
Museum of the City of New York / New York Museum of Contemporary Art / Los Angeles Museum of Jewish Heritage / New York The Museum of Modern Art / New York National Corporate Theatre Fund / U.S. National Gallery / London National Portrait Gallery / London Neuberger Museum of Art / Purchase, NY New York City Ballet / New York New York City Center / New York New York City Opera / New York Paris Opera House / Paris Philadelphia Museum of Art / Philadelphia Playwrights Horizons / New York The Public Theater / New York Roundabout Theatre Company / New York Royal Academy of Art / London Royal Opera House / London San Francisco Ballet / San Francisco San Francisco Museum of Modern Art / San Francisco San Francisco Symphony / San Francisco Schirn Kunsthalle / Frankfurt Solomon R. Guggenheim Museum / New York Stdel Museum / Frankfurt Symphony Space / New York Tate Modern / London Tate Britain / London United States Holocaust Memorial Museum / Washington, DC Victoria and Albert Museum / London Wang Center for the Performing Arts / Boston Whitney Museum of American Art / New York
As part of Lehman Brothers commitment to the arts and culture, in 2006 Cultural Vibrancy in the Workplace was launched in London. The program invites experts from Londons museums, galleries and performing arts groups to talk to employees at a lunchtime speakers series.
36
SUMMARY OF CONTRIBUTIONS
Contributions by Type Globally

The Lehman Brothers Foundation (LBF) The Lehman Brothers Foundation Europe (LBFE) Lehman Brothers Corporate Charitable Support U.S. Europe Asia Emergency Relief Employee Gift Matching Programs U.S. & U.K.
FY 2005
FY 2006
The Lehman Brothers Foundation

2006 Grant Distribution by Focus Area $5,111,000
$6.7 0.2 10.0 1.6 0.1 1.7 1.5
$9.4 1.8 17.0 2.5 0.3 0 1.6
2,803,000 725,000 550,000 179,000
2006 Grant Distribution by Geographic Area
Funding Summary: The Lehman Brothers Foundations

Firm Contributions to LBF* Grants / Asset Transfers to LBFE LBF Grant Unclaimed Assets Other Asset Transfers to LBF From Neuberger Berman Foundation 2006 Employee Giving CampaignEmployee Gifts To LBF To LBFE Firm Challenge Grant to Match Employee Giving To LBF To LBFE $6.0 0 2.3 6.6 N/A N/A N/A N/A $8.5 2.0 0 0
a di In
ica
op
Sc
Am
al
ob
Th
The Lehman Brothers Foundation Europe 2.7 0.7 0.75 0.25

2006 Grant Distribution by Focus Area 530,000
Gl
As
ia
&
262,000 122,000
The Lehman Brothers Foundation The Lehman Brothers Foundation Europe
16.7 3.7
18.1
Ed
5.7
2006 Grant Distribution by Geographic Area 683,000 Cash basis, in millions *Includes $1.0 million and $500,000 designated for emergency relief in 2005 and 2006, respectively 211,000 20,000
uc at io
K.
37
Co
nt in e Eu ntal ro pe M id dl e Ea st
U.
n Ch & En ild ric re hm n & en Yo t, ut h Ch H ild ea re lth n & care Yo , Ar ut ts h & Cu ltu re
Assets as of November 30
Af
er
ric
& Yo ut h He Em alt hc er ar ge e nc yR Ar eli ts ef & Vo Cu lu nt ltu ee re rP ar tn er s

$6,025,000 1,820,000 1,120,000 403,000
Ch
ild re n
BOARDS OF DIRECTORS
The Lehman Brothers Foundation

Joseph M. Gregory, CHAIR
President & COO, Lehman Brothers
The Lehman Brothers Foundation Europe

Jeremy M. Isaacs, CHAIR
Chief Executive Ofcer, Europe & Asia
Francine S. Kittredge, PRESIDENT

Managing Director, Corporate
Peter R. Sherratt, PRESIDENT

Chief Legal Ofcer, Europe
David Erickson
Managing Director, Investment Banking
Javier Ban
Managing Director, Investment Management
Jeremy M. Isaacs
Chief Executive Ofcer, Europe & Asia
Gunner Burkhart
Managing Director, Senior Relationship Management
Theodore P. Janulis
Global Head of Mortgage Capital
Philippe Cerf
Managing Director, Investment Banking
Andy A. Johnson
Managing Director, Lincoln Capital
Tarun Jotwani
Chairman & CEO, Lehman Brothers India
Akio Katsuragi
President, Lehman Brothers Japan
Francine S. Kittredge
Managing Director, Corporate
Alex Kirk
Managing Director, Fixed Income
Ruggero Magnoni
Vice Chairman
Jeffrey B. Lane
Vice Chairman, Neuberger Berman
John Phizackerley
Chief Administrative Ofcer, Europe
Stephen M. Lessing
Head of Senior Relationship Management
Robert Sargent
Managing Director, Investment Management
Daniel Marcus
Senior Vice President, Information Technology
Lisa Summereld
Senior Vice President, Corporate
James P. Quismorio
Managing Director, Corporate (Japan)
Sigurbjorn Thorkelsson
Managing Director, Equities
Thomas A. Russo
Vice Chairman & Chief Legal Ofcer
Pascale Vidalie
Senior Vice President, Corporate
Peter R. Sherratt
Chief Legal Ofcer, Europe
Andrea Sullivan, VICE PRESIDENT, EX-OFFICIO

Senior Vice President, Corporate Philanthropy
Laurie E. Stearn
Senior Vice President, Equities
Emily Upton, SECRETARY, EX-OFFICIO

Vice President, Corporate Counsel
Kyle Y. Ridaught, VICE PRESIDENT & TREASURER, EX-OFFICIO

Senior Vice President, Corporate Philanthropy
Melissa J. Girten, SECRETARY, EX-OFFICIO

Assistant Vice President, Corporate Philanthropy
the lehman brothers foundation and the lehman brothers foundation europe encourage employee suggestions for potential grant recipients within the foundations respective focus areas.
Global Philanthropy 2006 Year in Review LB14871 December 2006 Lehman Brothers Holdings Inc. All Rights Reserved.

Phil YIR2006

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Global Philanthropy

2006 YEAR IN REVIEW

salt lake city denver

palm beach miami

new york philadelphia washington, d.c.

Center for AIDS Research

Doctors Without Borders / Mdecins Sans Frontieres

Weill Cornell Medical College

DRC Cancer Research Program

Institute for OneWorld Health

WHERE WILL YOU MAKE YOUR MARK?

Realizing how much we can do in the Americas.

Community Outreach for Prevention & Education [COPE]

Providing Tomorrows Teachers

Lehman Brothers Global Philanthropy 2006 Year in Review

PHOTOS POWELL PHOTOGRAPHY

Educating Beyond the Classroom

Fund for Public Schools

Lehman Brothers Global Philanthropy 2006 Year in Review

Continuing Our Commitment to Art and Culture

Lincoln Center for the Performing Arts

Solomon R. Guggenheim Museum

Building for Better Emergency Preparedness

Vogel Alcove Childcare Center for the Homeless

Giving Children a Healthy Future

EUROPE & THE MIDDLE EAST

Teaching Lifes Lessons at Summer Camp

Shaping Leaders for a Better Future

Fondo per lAmbiente Italiano [FAI]

Lehman Brothers Global Philanthropy 2006 Year in Review

EUROPE & THE MIDDLE EAST

Taking Youth to the Next Level

Turning Students into Teachers

SOS Villages dEnfants [SOS Childrens Villages]

Working to Treat and Heal Children with Cancer

The Israel Sport Center for the Disabled [ISCD]

Lehman Brothers Global Philanthropy 2006 Year in Review

EUROPE & THE MIDDLE EAST

Getting in the Game: The Positive Inuence of Sports

Fundacin Balia por la Infancia [Balia Foundation for Children]

Giving Children a Place to Grow Strong

Lehman Brothers Global Philanthropy 2006 Year in Review

PHOTO CAMFED/MARK READ

PHOTO CAMFED/MARK READ

Going where the need is so great.

Shaping the Future through Womens Education

Helping Refugees Help Themselves

Providing for Children Who Have Lost Their Parents

Lehman Brothers Global Philanthropy 2006 Year in Review

ASIA & INDIA

Getting involved on a personal level.

Giving Children a Place to Learn

Metta Welfare Organization

Lehman Brothers Global Philanthropy 2006 Year in Review

ASIA & INDIA

Building the Foundation for a Better Future

Tokyo Symphony Orchestra

Running to Raise Money

Hong Kong Society for Rehabilitation

Helping Children Without Families Feel at Home

Lehman Brothers Global Philanthropy 2006 Year in Review

PHOTO DIETER TELEMANS

PHOTO JUAN CARLOS TOMASI / MSF

Some causes transcend all borders.