ANNUAL REPORT

ContentsLetter from the President & CEO

Book Trust by the Numbers

Joy, Power and Partnership

Schools

Financials

Leadership

missionEngaging every child in book choice and owner-ship, cultivating literacy- rich communities

visionEvery child discovers the joy and power of reading to create limitless possibilities

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valuesLiteracy is a human right

Book choice and ownership create motivated readers

Reading has the power to transform lives and communities, breaking the cycle of poverty

Our donors, schools, teachers, and Scholastic are the keys to our success

Discover the joy & power of reading

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a letter from our President & CEO

2018–2019school year

Dear Book Trust Community,

At Book Trust, supporting students in discovering the joy and power of reading is our north star and our call to action has not waivered over time. Since 2001, we’ve partnered with Scholastic Book Clubs, districts, schools, teachers, foun-dations, corporations, and individual donors to engage children in book choice and ownership, cultivating literacy-rich communities. These partnerships and the Book Trust students and teachers they serve, are an antidote against the barriers to literacy that so many children encounter on their learning journeys.

We invested $3.2M into nearly 950,000 books in 2019, created home libraries for 57,000 students, and provided resources for families to engage in literacy. In both urban and rural communities, from the classroom to the living room—Book Trust serves as an equity game changer. Without access to high-quality books and the agency to choose and own those books, the achievement gap in our most vulnerable communities will remain.

2019 brought new opportunities, with Book Trust expanding employee engage- ment for companies interested in connecting with schools and literacy in their local communities. We were also honored to feature philanthropist and activist, Ruby Bridges, as our keynote speaker at our annual event—an enduring sym-bol of the fight for civil rights and equal education for all children. And through our partnerships with Morgan Stanley, The Kate and Justin Rose Foundation, and the PGA, Book Trust participated in the PLAYERS Tournament “Eagles for Impact” Challenge and Charity of the Day. We are immensely grateful for the dedicated partners and individual donors who make our mission possible. Your investments impact the lives of Book Trust students and teachers in every com-munity we serve and we are proud to reflect on the latest chapter of our work together in this annual report.

In gratitude,

Kellie O’KeefePresident and CEO

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Studies demonstrate that book choice and ownership inspire a child’s passion for reading and contribute to develop-ing strong literacy skills and becoming life-long learners.

Book Trust’s unique choice and ownership model supports a student’s individual jour-ney to discover the joy and power of reading. Motivated by their own interest, curiosity and experiences, Book Trust students select books they want to read from the Scholastic Books Club flyer each month. This year, 948,226 books made their way to home libraries across the country. Whether a child is inspired by ninjas, trains or the adventures of a mouse, reading is a path to their passion for literacy. As children learn to value reading, they make the success-ful and critical transition from learning to read to reading to learn. Multi-year exposure to the Book Trust program shows students’ reading levels continue to improve, further motivating them to succeed.

Book Trust helps foster a love of books, an own-ership of something for themselves, and a library at home that they can turn to. — Book Trust Teacher

the JOY of reading Book Trust STEP BY STEP

reading strategies, and family engagement —all of which are proven factors in helping kids fall in love with reading.

When I told my class about the Book Trust program in September, one of my most introverted children whis-pered under her breath, ‘Am I in Heaven?’ It was one of the sweetest moments of my teaching career! — Book Trust Teacher

Research shows 75% of children who aren’t proficient readers by the end of third grade are four times less likely to graduate high school; and 13 times less likely to graduate if they are poor.

At the heart of Book Trust are teachers, pow-ering the program in more than 2,700 Pre-K through 5th grade classrooms from Hawaii to Colorado to New York.

Book Trust supports teachers in creating a literacy-rich culture in the classroom and at home, to build enthusiasm for reading and developing literacy skills. Teacher training and resources are focused on interest-based choice, reading celebration, independent

the POWER of reading

Teachers support students in choosing 1-3 books from Scholastic’s Book Club flyer that connect with their interests.

Teachers implement Book Trust each month, establishing anticipated and consistent reading activities.

Students share their books with siblings and family members, creating a home library of up to 30 books per school year.

When the book box arrives, the celebration begins. Teachers create a culture of literacy and conversation around what students are reading, which motivates them to engage with their books.

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Scholastic Book ClubsNationalScholastic’s partnership with Book Trust represents a 20 year commitment to school-age readers. Founded in 1920, Scholastic is the largest publisher and distributor of children’s books in the world, reaching 54 million students in 165 countries.

Raising Readers FloridaThe Kate and Justin Rose Foundation supports Florida children through literacy. Their invest-ment in Orlando schools is on track to impact a generation of readers and change the course of a community.

Early Childhood Literacy Colorado Research shows a child’s earliest interactions with books are foundational to reading success and predict later reading outcomes. The Buell Foundation sponsors Book Trust’s early childhood grades for Colorado schools committed to readiness to read.

City-wide Commitment to Education EquityPennsylvaniaThe William Penn Foundation, a family foun-dation with roots in Philadelphia, supports Book Trust through a $1.3 million multi-year grant with the goal of bringing our program to every K–3 student in the School District of Philadelphia.

A Commitment to CommunityHawaiiGoodfellow Bros. Inc. is a 100-year old family construction business with a rich philanthropic history of building community where they work.

Employee Engagementand Volunteerism NationalBook Trust’s partnership with Morgan Stanley and the PGA Players Tournament forms the basis of “Eagles for Impact”, supporting Book Trust students around the country. While Morgan Stanley shines awareness on Book Trust programs, they also sustain Book Trust classrooms in Colorado, Utah, Texas, Florida and New York communities through their corporate employee engagement program.

Every Child Reading at Grade Level by 3rd GradeCaliforniaThe Kenneth Rainin Foundation is determined to make sure all children are reading at or above grade level by third grade. Through our partnership, the Foundation supports Book Trust in schools across Oakland.

PARTNERSHIPS PARTNERSHIPS (cont.)building literacy- rich communities

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Maui Island SchoolsHaiku ElementaryHana ElementaryKahului ElementaryLihikai ElementaryMakawao ElementaryWaihee ElementaryWailuku ElementaryMolokai Island SchoolsKualapuu ElementaryMaunaloa ElementaryOahu Island SchoolsNanaikapono ElementaryPalolo ElementaryWaianae Elementary

IdahoLake Pend Orielle School

DistrictFarmin/Stidwell ElementaryHope ElementaryKootenai ElementaryNorthside ElementarySagle ElementarySouthside ElementaryWashington Elementary

IowaLake Council Bluffs Commu-

nity SchoolsBloomer ElementaryEdison Elementary

MassachusettsSalem School DistrictHorace Mann Laboratory

School

MichiganFennville Public SchoolsFennville Elementary

MissouriJefferson CitySouth Elementary

MontanaKalispell School DistrictHedges Elementary

NebraskaBellevue Public SchoolsBirchcrest ElementaryOmaha Public SchoolsDruid Hill ElementaryJackson ElementaryHoward Kennedy ElementaryWakonda ElementaryMillard School DistrictHolling Heights ElementaryRalston School District

McGlone ElementaryMunroe ElementarySamuels ElementarySchenck (CMS) ElementarySOARSTRIVE prep - Ruby HillSwansea ElementaryUniversity Prep: Arapahoe StUniversity Prep: SteeleValverde ElementaryEagle County SchoolsGypsum ElementaryEnglewood School DistrictBishop ElementaryCherrelyn ElementaryGreeley-Evans Weld Count

School District 6Billie Martinez ElementaryGreeley Centennial Elem.Maplewood ElementarySalida Del Sol AcademyScott ElementaryIndependent Schools ColoradoMorgridge AcademyTennyson Center for ChildrenMesa County School Dist.Clifton ElementaryPoudre School Dist.Bauder ElementaryHarris BilingualIrish ElementaryLaurel ElementaryLinton ElementaryODea ElementaryPutnam ElementaryRe-1 Valley School Dist.Ayres ElementaryCaliche ElementaryCampbell ElementaryThompson School DistrictMonroe ElementaryWestminster Public SchoolsJosephine Hodgkins Elem.Skyline Vista Elementary

FloridaOrange County Public SchoolsAcademic Center for ExcellenceDover Shores ElementaryForsyth Woods ElementaryLake Como ElementaryOrange Center ElementaryRosemont ElementarySally Ride ElementaryShingle Creek ElementaryDuval Public SchoolsMayport Elementary

HawaiiHawaii Island SchoolsHonaunau Elem.Lanai Island SchoolsLanai Elementary

ArizonaArizona Dept. of EducationBlackwater Community

School

CaliforniaLivermore Valley Joint Unified

School DistrictMarylin Avenue AcademyOakland Unified School Dist.Bella Vista ElementaryBrookfield ElementaryBurckhalter ElementaryCommunity United Elem.Emerson ElementaryFutures ElementaryGlobal Family ElementaryNew Highland AcademyREACH AcademyRavenswood City School

DistrictBelle Haven ElementaryBrentwood ElementaryCostano ElementaryLos Robles Magnet Acad.Willow Oaks ElementaryRedwood City School Dist.Hoover ElementarySan Jose Unified School Dist.Empire Gardens Elementary

ColoradoAdams 12 School DistrictHillcrest ElementaryNorth Star ElementarySTEM LaunchAurora Public SchoolsCrawford ElementaryKenton ElementaryMontview ElementaryDenver Public SchoolsAmesse ElementaryArchuleta ElementaryBryant-Webster Dual

LanguageCowell ElementaryDCIS at FordEagletonEscalante Biggs AcademyFairview ElementaryFlorida Pitt Waller Elem.Force ElementaryGodsman ElementaryGoldrick ElementaryGrant RanchGreenwood AcademyHallett AcademyJohnson ElementaryKIPP Northeast ElementaryKnapp ElementaryMath & Science Leadership

AcademyMaxwell Elementary

Mockingbird ElementaryWestside Community SchoolsWestgate Elementary

New YorkDeposit Central School Dist.Deposit ElementaryNYC DOEK284 Gregory Jocko JacksonP.S. 015 Roberto ClementeP.S. 067 Charles A. DorseyP.S. 085 Great ExpectationsP.S. 111 Jacob Blackwell CommP.S. 112 BronxwoodP.S. 123 Mahalia JacksonP.S. 132 Juan Pablo DuarteP.S. 149 Sojourner TruthP.S. 154 Jonathan D. HyattP.S. 165 Ida PosnerP.S. 194 Countee CullenP.S. 197 The Ocean SchoolP.S. 298 Dr. Betty ShabazzP.S. 328 Phillis WheatleyP.S/M.S 306 Ethan AllenP.S/M.S 42 Robert VernamP.S. 147 Ronald McNair SchoolPS 57 James WeldonPS /MS 180Urban Scholars CommunityStamford Central School Dist.Stamford Central School

OregonBaker School DistrictHuntington Community Elem.

PennsylvaniaSchool Dist. of PhiladelphiaBenjamin B Comegys SchoolBryant William C SchoolDelaplaine McDaniel SchoolFeltonville IntermediateGilbert Spruance Elem.Hon Luiz Munoz MarinMary Mcleod Bethune SchoolOverbrook Educational CenterRobert Morris ElementaryWillard Elementary School

TexasAustin Independent School Dist.Pecan Springs ElementaryFort Worth Independent

School DistrictDiamond Hill Elementary

UtahSalt Lake City School DistrictMeadowlark Elementary

VirginiaVirginia Institute of Autism

Virginia Assc. of Independent Specialized Education Facilities

Faison Center

WashingtonSeattle Public SchoolsWest Seattle Elementary

West VirginiaMarshall County School Dist.

WisconsinBeecher-Dunbar-PembinePembine ElementaryBoyceville Community School

DistrictTiffany Creek ElementaryCornell School DistrictCornell ElementaryFrederic School DistrictFrederic ElementaryGilman School DistrictGilman ElementaryIndependence School DistrictIndependence ElementaryKickapoo Area School DistrictKickapoo ElementaryMaple School DistrictIron River ElementaryNorthwestern ElementaryMauston School DistrictGrayside ElementaryLyndon Station ElementaryWestside ElementaryMercer School DistrictMercer ElementaryNorwalk Ontario Wilton School

DistrictNorwalk Ontario Wilton ElemenRiverdale School DistrictRiverdale ElementaryShullsburg School DistrictShullsburg ElementaryWebster School DistrictWebster Elementary

WyomingCarbon County District 1Carbon County District 2Elk Mountain ElementaryHanna ElementaryMedicine Bow ElementarySaratoga ElementarySweetwater County School

District #1Desert School

our schoolsour communitiesB

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Dr. Ray ReutzelErnest MorrellKaiLonnie Dunsmore

Regional Advisory Board, Northern COScott BarberJoanna BlasiniMike ClarkCarol Cochran, Board ChairMichele MarquitzAngie PenlandNicole WalusisErin Whittington

Regional Advisory Board, DenverChris Beisler Julio Da SilvaDeb DeverellShawn JohnsonTim KeeganMark LandesLuis Ponce RuizCharlotte RobinsonKatelyn RobertsKatica Roy

CORPORATIONS425,016·13.4%

OTHER INCOME 30,263·1.6%

IN-KIND CONTRIBUTIONS

603,368·31.3%FOUNDATIONS 1,537,603· 48.4%

FUNDRAISING 666,385·13.1%

ADMINISTRATION 165,928· 3.3%

PROGRAM EXPENSES 4,262,518· 83.7%

CHANGE IN NET ASSETS 9,844

NET ASSETS: END OF YEAR 1,700,969

NET ASSETS: START OF YEAR 1,691,125

INDIVIDUALS 1,000,761·31.5%

PROGRAM SERVICE REVENUE

770,600·40%

SPECIAL EVENTS 524,336·27.2%

ORGANIZATIONS 212,728· 6.7%

our financialsREVENUE & SUPPORT

EXPENSES & NET ASSETS

our board

our top books

NationalAmy Kolczak, Board ChairUniversity of CO Health

James C Hackstaff, Vice ChairHackstaff & Snow, LLC

Karen Mack, TreasurerIntegro Financial Consulting

Cheryl Zimlich, SecretaryBohemian Foundation

Tiffany R. Kuehner, President & CEOEx officio, President & CEO

James J. Curry, DirectorCurry Company

Jeff Gold, DirectorZS Associates

Judy Newman, Board AdvisorScholastic Book Clubs

David Perez, DirectorLone Rock Ventures

Adrienne Schatz, Founder & DirectorFounder & Trustee, Book Trust

Ron LowryPharmaJet, Inc.

Academic Advisory BoardNell Kristine Duke

Karen RyanJim TanzilloRick ThomasDebbie Ward, Board ChairKate Sneed

Regional Advisory BoardMauiJanuary AsburyKristi BendonTim GarciaShay GoodfellowShep GordonAshley Takitani LeaheyJill Schatz

Regional Advisory Board New York CityJanuary AsburyDaniel ChuMichael Del MauroNaomi (Hochberg) Del Rosario Esther KremerJustin Mascall, Board Chair Brittany Wimmer

year ending June 30, 2019

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