65 Trends and challenges in 2012

The economy: A challenging economic backdrop persisted in 2012, with the lingering downturn and volatility affecting people in communities across our footprint. Many U.S. neighborhoods in particular continue to struggle to rebound from the recession.

Consistent with recent years, the number of requests for funding has increased – more than 8,000 applications in total. TD continued to support our partners in tough times through our ongoing community investments. In Canada, we now offer organizations a simplified and more efficient online application system.

Impact evidence: In the field of corporate giving, companies are being called upon not just to report on their activities, but also to demonstrate meaningful impact. Through this yearly corporate responsibility report and TD’s website – using both quantitative and qualitative data – we have worked to capture the significant social and economic benefits of our community work.

Deeper engagement: Corporate giving is evolving in another way: There are increasing expectations of deeper engagement with community organizations. These partnerships are typically multi-year commitments where TD contributes marketing support, financial and business expertise, and other resources. More and more community groups are looking to TD for this level of involvement, and while it makes our work more impactful, it also makes it more complex and challenging.

$286million The amount charities and not-for-profits

across North America and the U.K. have received from TD since 2007.

The continuing role of philanthropy: While it takes more than money to create sustainable change, philanthropy remains a powerful and transformative force. Moreover, it is chronically needed by a charitable sector struggling under unceasing demand. Food banks, for example, deliver essential services by providing meals for people in need, and we are proud to support their work. As one example, the TD Charitable Foundation contributed $100,000 to Florida food banks last year to help them meet the post- holiday meal demand.

Capacity-building: Donations enable not-for-profit organizations to deliver new and improved services. With funding, they can also build their in-house skills so they can meet community needs more efficiently and effectively. TD’s Non-Profit Training Resource Fund in the U.S. was created for that purpose. The fund awarded 201 grants totalling $180,000 so not-for-profits could provide job training, education and professional development oppor- tunities for their employees. The success of these training grants has led us to replicate the model in Canada for environmental organizations we support. Learning from successes elsewhere demonstrates one of the advantages of TD’s larger footprint.

Strengthen Our Communities

AWARDS & RECOGNITION

TD Bank, N.A. was rated Outstanding in a Community Reinvestment Act Performance Evaluation by the Office of the Comptroller of the Currency in December 2011. The rating reflects TD’s commitment to meeting the credit needs of the entire community, including the needs of low- and moderate- income individuals, neighborhoods and small businesses.

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TD received an Arts Award from the Allied Arts Council of Lethbridge, Alberta, based on the substantial contributions TD has made to the city’s arts community.

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TD was recognized with the Green Leaf Award from NYC’s City Parks Foundation for TD’s dedication to city-wide green initiatives.

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TD was awarded the Most Effective Corporate Program by Business for the Arts.

TD 2012 Corporate Responsibility Report