The Scholastic 2024 Philanthropic Impact Report Shares Efforts to Promote Book Access for Every Child
Rhea-AI Summary
Scholastic (SCHL) has released its third annual Philanthropic Impact Report, highlighting its initiatives to enhance global literacy and book access. Through partnerships with organizations like Scripps Howard Foundation, Book Trust, and Save the Children, the company reached over 30 million children and 350,000 teachers through book distributions within nonprofit networks.
The report emphasizes the company's collaborative efforts in developing educational programs to support children's learning success. Research from the Scholastic Kids & Family Reading Report™ reveals that 54% of children obtain their recreational reading materials through school-related channels, including school libraries, book fairs, and teacher order forms.
Positive
- Reached significant distribution scale: 30 million children and 350,000 teachers through nonprofit networks
- Strong market presence in schools with 54% of children accessing books through school-related channels
Negative
- None.
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Scholastic and its partners, through their joint missions, reached more than 30 million children and 350,000 teachers by distributing books within their nonprofit networks
NEW YORK, Dec. 10, 2024 /PRNewswire/ -- Today, Scholastic, the global children's publishing, education and media company, released its third annual Philanthropic Impact Report, featuring inspiring stories of its long-standing initiatives and partnerships to improve global literacy and book access for all children.
To learn more about the Scholastic Philanthropic Impact Report, visit: www.scholastic.com/csr.
"At Scholastic, we recognize the transformative power of working with partners to put our aligned missions into action," said Judy Newman, Scholastic Chief Impact Officer. "Guided by research, we and our partners are dedicated to getting students, families, educators, and communities the much-needed resources they need, and creating the irresistible experiences that encourage a life-long love of reading for every child."
The Scholastic 2024 Philanthropic Impact Report illustrates the Company's work with partners to develop innovative educational programs and initiatives that are essential factors in the learning and success of all children. With millions of books distributed and hundreds of millions raised by schools in the form of cash and Scholastic dollars, the work is far-reaching to remove barriers to literacy with partners such as the Scripps Howard Foundation, Book Trust, Governor's Early Literacy Foundation, Reach Out and Read, Save the Children, and many more this past school year.
"Since 2016, the Scripps Howard Fund has provided 1.5 million books to some of the nation's most vulnerable children," shared Meredith Delaney, President and CEO of the Scripps Howard Fund. "Through our collaboration with Scholastic, we not only give children access to books, but also the freedom to choose the ones that captivate them, resonate with their experiences, and open doors to new worlds."
The Scholastic Kids & Family Reading Report™ underscores the key role schools play in increasing children's access to books. According to the research,