This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Scholastic Donates One Million Books To "Reach Out And Read" To Help Low-income Families Build Home Libraries And Encourage Them To Read Every Day With Their Young Children









NEW YORK, Sept. 23, 2013 /PRNewswire/ -- A recent study found that having books in the home and parents as reading role-models have a positive impact on children's reading frequency.* To encourage all families to read to and with their children and to help more low-income families build home libraries, Scholastic, the global children's publishing, education and media company, announced today its donation of one million books to Reach Out and Read, the nonprofit organization that helps implement early-childhood literacy awareness during a child's regular medical office visits. Scholastic is a long-time supporter of Reach Out and Read, and this donation will help the organization distribute more free books provided by pediatric professionals and hospitals to low-income families while educating them about the importance of reading aloud to foster children's early literacy development.

(Logo: http://photos.prnewswire.com/prnh/20100907/SCHOLASTICLOGO )

"We believe that literacy is the birthright of every child and the pathway to success in school, and it starts by creating a home library from which children can access and choose books that will set them up for a lifetime of independent reading," said Richard Robinson, Chairman and CEO of Scholastic. "Scholastic has been a longtime supporter of the work Reach Out and Read does to promote early-childhood literacy, and their proven model continues to successfully prescribe reading for all children and their families during their visit to the doctor."

The Scholastic million book donation comes just a day after Reach Out and Read was recognized by the Library of Congress as the recipient of the prestigious David M. Rubenstein Prize, which honors organizations with a record of advancing literacy worldwide. The $150,000 award celebrates Reach and Out and Read's unique approach to improving literacy by providing books to at-risk children via doctors and nurses at nearly 5,000 Reach Out and Read clinics nationwide.

"We know that books build better brains – and a million young brains will be shaped for the future through this incredible donation from Scholastic," said Reach Out and Read Executive Director Anne-Marie Fitzgerald. "Scholastic is our oldest and most generous partner, and without their continued commitment, we would not be able to help children grow up to become readers and support parents as their children's first and most important teachers. As Reach Out and Read is poised to begin its 25 th year, these books, along with the award from the Library of Congress, will be instrumental in creating a new generation of readers. On behalf of our 12,000 pediatricians and the millions of children we serve nationwide, I thank Scholastic for this tremendous gift."

Despite the current distribution of more than 6.5 million books a year that reach more than one-third of all children living in poverty in the U.S., Reach Out and Read is seeing a growing need for more books to be distributed in more communities. Scholastic's one million book donation, including a large quantity of bilingual Spanish/English books, will be among the first books these children own in their home libraries. Reach Out and Read continues to train pediatric providers and the low-income families they serve with the necessary tools to make reading aloud a daily activity, as the organization's research shows reading aloud to children not only shapes a child's vocabulary, literacy and testing skills, but children score three to six months ahead of non-Reach Out and Read peers on vocabulary testing. Exposure to books during the first five years of life, along with parents who are engaged in a child's learning, greatly increases a child's readiness to read, learn, and succeed in kindergarten and beyond.

1 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 16,889.71 -95.90 -0.56%
S&P 500 1,961.48 -11.35 -0.58%
NASDAQ 4,387.7310 -31.3030 -0.71%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs