At Time Warner, we believe we have a duty to utilize our collective resources to be a good and responsible corporate citizen and to engage our employees, our stakeholders and our local communities to work together to improve our world. We do this through a variety of local, national and global programs that are meant to provide assistance to NGOs, those in need and employees who want to give back.

Our divisions also support the volunteer efforts of their employees through other ongoing programs. The following are a few examples:


IPC Media (U.K.-based division of Time Inc.)
The Schools’ Design Programme is IPC’s flagship community project and complements Time Warner’s broader community focus on youth and arts education. The program targets art and design students at three schools in Southwark, the London borough where IPC’s headquarters is located, who undertake a 10-week afterschool course in graphic design. Each student then completes a week’s work experience at IPC, he or she is hosted by one of IPC’s art editors who helps the student put his or her learning into practice and gain experience and understanding of designing magazine spreads.

IPC allows its employees two days’ paid leave each calendar year to take part in voluntary activities in the community. Employees can take part in a wide range of charitable activities, with many choosing to use one of their volunteer release days to join with their colleagues and take part in the annual Time Warner Volunteer’s Day. IPC has set up a database, on their intranet, of possible volunteering options for people to consider.

HBO
HBO has a volunteer leave policy, which allows eligible employees up to five days paid leave to perform community service. Employees have used this time to for multiple volunteer efforts, including helping rebuild in the Gulf Coast following Hurricane Katrina and preparing the campsite for Camp Homeward Bound, run by the Coalition for the Homeless through its Youth Services Program. HBO’s employee network and affinity groups are key champions of the division’s volunteer initiatives. HBO also organizes an annual charity drive, in which employee contributions to nonprofit organizations can be made through payroll deductions, and all employees who donate a day’s pay receive a day off of work. In 2008, employee participation in the drive increased by nearly 10%. Contributions from the campaign went to Earth Share, Echoing Green, the Children’s Health Fund’s Operation Assist, and the Wounded Warrior Project.

Turner
Thousands of Turner employees, family members and friends participate in the division’s annual Turner Volunteer Day, which takes place in Turner communities across the world. Now in its 10th year, the day of local service brings together Turner volunteers for a variety of community activities including cleaning parks, painting daycare centers, delivering food and visiting the elderly. The division’s intranet offers information on wide-ranging individual and group volunteer opportunities. In 2008, 20 Turner U.K. staff visited the KwaZulu Natal in South Africa and built two houses for villagers and AIDS orphans. In addition to volunteering, the group raised £30,000 to support the South African community. Turner U.S. employees are eligible for up to 40 hours of volunteer release time each year to volunteer during work hours. Participation in the program has increased every year since it launched, with use of Volunteer Release Time increasing 20% in 2007.

Warner Bros.
The Warner Bros. Studios Volunteer Corps was launched in 1996 as an initiative aimed at promoting and supporting employee volunteerism. Volunteer Corps members receive a monthly newsletter via email, listing various volunteer opportunities with nonprofit organizations throughout the Los Angeles area. Each month, one volunteer opportunity is chosen as the “Pick of the Month” event. Employees participate in these volunteer activities as one unified group representing Warner Bros. Studios.

AOL
AOL has a long history of leveraging the power of the Internet to benefit those in need and improve communities. AOL is focused on helping children, while giving its employees a greater voice in directing philanthropic efforts. Throughout the 2007 holiday season, AOL promoted the St. Jude Children’s Research Hospital’s Thanks and Giving campaign through programming initiatives and promotional advertising in various parts of the AOL network with the goal of soliciting direct donations for the organization. AOL also supports other nonprofit organizations that promote the health and well-being of children. AOL is also a founding partner of Network for Good, one of the Internet’s leading charitable resources, which brings together donors, volunteers and charities online. Launched in May 2008, AOL’s Employee Directed Giving Campaign put philanthropic dollars on the local level and in the hands of employees to support their favorite local cause through funding and volunteerism.

Recognizing Employees for Community Involvement
Several Time Warner divisions match employee contributions to nonprofits that focus on arts or education. Some divisions also support the nonprofit organizations where employees volunteer for at least 30 hours per year by providing a cash grant of up to $500 to the organization. In addition, Time Warner recognizes employees who have made exceptional contributions to community service with the Andrew

Heiskell Community Service Awards, which are presented each June at a special luncheon in New York City. The awards are named in memory of Andrew Heiskell, former Chairman and CEO of Time Inc., and himself a noted philanthropist. Each year, senior management gathers to honor approximately ten winners who have been selected from among hundreds of nominations sub-mitted from across the company.

The awards include an honorarium for the employee and a company donation to the not-for-profit organization of the winner’s choosing. In 2008, Time Warner will mark the 28th anniversary of the Andrew Heiskell Community Service Awards.