FOR IMMEDIATE RELEASE
January 28, 2014
A BETTER CHICAGO ADDS READING IN MOTION TO ITS INVESTMENT PORTFOLIO
CHICAGO, IL – Reading In Motion is proud to announce that it has been chosen by A Better Chicago to join its investment portfolio. With the addition of Reading In Motion, A Better Chicago now invests in 11 organizations that are providing low-income Chicagoans with the education and skills they need to succeed. Reading In Motion was elected through A Better Chicago’s rigorous due diligence process, which evaluates an organization’s program effectiveness, leadership, operational efficiency and scalability. A Better Chicago is investing $150,000, plus management support, in Reading In Motion over an initial 12-month grant period.
“We’re proud to meet A Better Chicago’s high standards for investing in organizations that improve the education and skills of Chicagoans. With this support, Reading In Motion can expand its efforts to improve the literacy of at-risk students throughout the Chicago area,” said Karl Androes, founder and executive director at Reading In Motion.
For more than 30 years, Reading In Motion has been partnering with teachers and schools to get at-risk kindergarten and first-grade students reading at or above grade level through music and drama. The organization’s highly scalable program model consistently drives impressive gains in student literacy through its unique teacher coaching and specialized curriculum. A recent study showed that the same Chicago teachers who got 63% of their students on grade level in 2010 using traditional methods were able to get 93% of their students on grade level in 2011 after implementing Reading In Motion’s curriculum.
“We are thrilled to be partnering with Reading In Motion,” remarked Alli Henry, managing director at A Better Chicago. “Reading In Motion is truly making a difference for low-income Chicagoans, and we are excited to help the organization scale up and maximize its impact.” A Better Chicago is a venture philanthropy fund for the Chicago metropolitan area. With a focus on early childhood, education and careers, A Better Chicago aspires to dramatically advance opportunities for low income children, adults and families. A Better Chicago uses sound investment principles to identify and support high-performing nonprofits that are achieving extraordinary outcomes for low-income populations.
Through a combination of funding and management support, A Better Chicago helps its grantees to increase their reach, strengthen their outcomes and magnify their impact.
Contact: Elaine Teter
Manager, Marketing & Communications
Reading In Motion