PNC Bank 2006 Annual Report Download - page 10

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8 PNC 2006 ANNUAL REPORT
We also support our neighborhoods with community development banking. We
provide not only special loans and low-cost checking accounts to the financially
disadvantaged, but also financial education.
We believe that education of all types is the surest path from poverty to financial
independence.
With that in mind, we have committed $100 million over 10 years to PNC Grow Up
Great. It is a program that helps children from birth to five years of age prepare for
school. Our employees provide further support to the program by volunteering to
work with children at risk. In 2006, PNC Grow Up Great was recognized by Reading
Is Fundamental with its Gift of Reading Award.
PNC also is committed to good environmental stewardship. Our new branches –
as well as PNC’s Firstside Center processing facility in Pittsburgh and PFPC’s
J. Richard Carnall Center in Wilmington, Delaware – all have been certified as green
buildings. We have a total of 27 such environmentally friendly buildings. It is the
highest figure for any publicly traded company, and we are in the process of building
another – Three PNC Plaza. Located at our Pittsburgh headquarters, Three PNC
Plaza will be the largest mixed-use green building in the world.
Awards. Recognition. Record earnings. The hard work of our many employees and
the strong leadership of our board of directors helped make 2006 the best year yet
at PNC. Our success is a tribute to their dedication.
On behalf of everyone at PNC, I also thank you, our shareholders, for your continued
investment in PNC. We will strive to be worthy of your support, and we thank you for
the confidence you show in us as we work to build a great company.
Sincerely,
James E. Rohr
Chairman and Chief Executive Officer
PNC recognizes that success starts early, so it has made a 10-year, $100 million
investment in PNC Grow Up Great, an initiative to help prepare children from birth to
age five for success in school. The program has supported Head Start centers, nonprofit
early childhood organizations, and institutions of higher learning to enhance the quality
of early care and education for disadvantaged children. It is delivering tangible results.
Science proficiency at the Council of Three Rivers American Indian Center in Pittsburgh
jumped 19 percent in one year. Early math skills at the YMCA of North Philadelphia Head
Start Program increased 14 percent in less than a year.
Grow Up Great