Corporate Citizenship What makes a good corporate citizen? At Target, itGLYPH<213>s a commitment to community giving, inclusive environments for our team members and guests, and a strong and focused approach to governance. Public involvement has been a key component of our corporate strategy and operations for decades and it remains an inherent element of our future direction and brand image. uilding Healthy, Safe Communities Local, national and international challenges continue to affect our guestsGLYPH<213> lives and, therefore, our business. Target contributes over two million dollars a week and thousands of volunteer hours to programs that strengthen families and build stronger communities through education, arts, social services, and other vital community partnerships. And although weGLYPH<213>ve always supported education, weGLYPH<213>ve expanded our commitment in innovative ways. B Target Corporation also remains committed to increasing access to the arts. For example, we sponsor a Marshall FieldGLYPH<213>s Day of Music in Detroit, Minneapolis and Chicago. In San Francisco, we sponsor Target Tuesdays at the Asian Art Museum. And, families in Southern California enjoy musical productions as part of GLYPH<212>MervynGLYPH<213>s Musical Mornings.GLYPH<213> In 2003, Target extended its giving overseas with the AMC International Grant Program, which funds accessible, quality educational opportunities for children in 20 countries where AMC has offices. Because they are administered at the local level, these grants help communities help themselves, building leadership and momentum for future successes. During the year, Target also helped address critical safety issues in our store communities. For example, in Minnesota, Target partnered with the State of Minnesota to create CriMNet, an integrated database that links more ¥ Through Take Charge of Education (TCOE), our school fundraising initiative, weGLYPH<213>ve contributed more than $100 million to create opportunities for teachers, students and schools. ¥ Because reading ability is a key component in life-long learning, we partner with organizations that seek to improve childhood reading, such as Reach Out & Read, the U.S. Department of Education and through numer- ous book festivals across the country. Our own  Ready. Sit. Read! program at Target,  Go Read! at Marshall FieldGLYPH<213>s and  Go Places. Read! at MervynGLYPH<213>s leverage the power of Target Corporation to connect children across the nation with books. ¥ Target Corporation and the Tiger Woods Foundation are partners in Start Something, a program that helps participants ages 8 to 17 identify and realize their dreams. To date, two million children have enrolled. 14 GLYPH<210>We have long believed that  a strong board makes a first- class management even stronger, that a professional board makes management even more professional, that an optimum relationship between board and manage- ment creates an almost unbelievable dynamic, and that the ideal board setup  is the corporationGLYPH<213>s best protection of its futureGLYPH<201> It is for this reason that we have given a tremendous amount of time and thought to matters of corporate governanceGLYPH<209>to its philosophy and structure.GLYPH<211>  GLYPH<209> Kenneth N. Dayton, January 1984 Corporate Governance