2017 CORPORATE RESPONSIBILITY REPORT
FOCUSED PLACEMAKING

Community Giving & Volunteerism

Volunteerism

Every year, Forest City associates put our core value of community involvement into action by giving time, talent and resources to our neighbors. Our workforce devotes thousands of volunteer hours each year to working with or serving as directors of nonprofit organizations, creating a lasting positive impact.

In 2017, as part of our associate health and wellness program expansion, we developed a volunteer time off (VTO) program. Beginning in 2018, all Forest City Cleveland associates will be able to devote up to eight hours of volunteer time during work hours. This program will be expanded company-wide in 2019. To help facilitate broad use of the new VTO program, Forest City will organize and host coordinated volunteer events throughout the year. To read more about Forest City’s holistic approach to associate health and wellness, visit the Healthyroads page.

Community Day: 2017

Working to give back to our communities is an essential part of creating thriving, vibrant properties and communities. Since 2004, Forest City has set aside an annual paid day of service for our associates to benefit local organizations in need. In 2017, more than 680 associates from 60 Forest City locations demonstrated their dedication to improving our communities by contributing 4,080 volunteer hours during Forest City's 14th annual Community Day.

“Giving back to our local communities is an essential part of who we are as a company and how we create ‘the power of place’ every day in cities across the country,” said Jeff Linton, senior vice president of corporate communications and community relations for Forest City and this year’s Community Day executive sponsor. “It’s no secret why our associates call it ‘the best day of the year.’”

Our service projects in the Cleveland area benefitted Fostering Hope, Hospice of the Western Reserve, West Creek Conservancy and Urban Community School. Our associates in the Boston area volunteered at Cambridge Family and Children’s Service. Our Dallas team members went to the local Goodwill Industries distribution center to sort and process donations from the region.

In New York City, Forest City associates completed beautification projects at the children’s corner in Brooklyn’s Prospect Park. Associates in Washington, D.C., volunteered at a local community health organization called Mary’s Center. In addition to these projects, associates across our other core markets joined in our day of service to benefit nonprofit organizations in their communities.

Philanthropy

At Forest City, our approach to philanthropy echoes our belief in leveraging the power of place to create strong, vibrant communities. Our philanthropic strategy focuses on four priority areas that enable all citizens to thrive, including economic development, workforce preparedness, educational attainment, and diversity & inclusion. In addition, Forest City continues to be a strong supporter of the United Way in our local communities. In 2017, through grants, sponsorships, in-kind giving and volunteerism, we supported more than 100 nonprofit organizations that serve local communities in our core markets and headquarters city.

Focus Area: Economic Development
Economic growth is vital to the communities where we operate. We base our activity in this area on creating access to opportunity and resources for underprivileged community members. Key organizations we have supported include:
Focus Area: Workplace Preparedness
With our efforts around workforce preparedness, Forest City aims to close the gap between individuals’ skills and the skills demanded by today’s job market. Key organizations we have supported include:
Focus Area: Educational Attainment
Forest City’s focus on educational attainment ensures that students complete their education and graduate. Key organizations we have supported include:
New York
City Year
Denver
Scholars Unlimited
Focus Area: Diversity & Inclusion
We strive to ensure that all people in our communities have opportunities to participate in all aspects of society. Although many of our philanthropic efforts support diverse populations, the organizations in this category specifically address diversity or diverse groups as part of their mission. Key organizations we have supported include:

Community Day 2017


Number of associates participating: 680
Total number of volunteer hours: 4,080

 

Volunteer Activities of Associates at Forest City-Organized Events

  2014* 2015** 2016 2017
Number of Associates 1,079 1,244 935 740
Total Number of Hours Volunteered 7,623 8,951 5,420 4,406
*2014 total includes Community Day and Young Leaders.
**2015 total includes Community Day, Young Leaders and Techie Club.

2017 Charitable Contributions by Category


Workforce Preparedness
Economic Development
Diversity & Inclusion
United Way
Educational Attainment
Ohio Guidestone Event

Last summer, a cross-functional team of Forest City associates in Cleveland hosted 30 young adults to help prepare them to launch their respective careers. Our Young Leaders ARG organized and hosted the event in conjunction with Ohio Guidestone’s Workforce 360 program, a social service nonprofit dedicated to providing behavioral health treatment, skill-building programs and prevention opportunities for children and families.
 
The on-site volunteer opportunity began with a tour of Forest City’s headquarters office and included sessions on career exploration and workforce-readiness skills. More than 15 Forest City associates also conducted mock interviews and assisted in the creation of professional resumes for the program participants.
 
“Seeing so many eager young adults gave me goosebumps!” said Angela Munson-Casey, Co-Chair of Young Leaders ARG. “It was great to see the positive impact we were able to have in just a few hours.”
 
The one-on-one setting of this event helped facilitate the sharing of knowledge and also provided the hopeful professionals with valuable networking and relationship-building experience. Thanks to the help of our dedicated associates, these young adults are better prepared to launch their respective careers.

DEFINITION