Heart of America, Capital One Partner for Literacy Celebration; Three-year partnership collects half a million books for children.MCLEAN, Va. -- Thirty-seven percent of American fourth-graders read at or below basic levels and are functionally illiterate Adj. 1. functionally illiterate - having reading and writing skills insufficient for ordinary practical needsilliterate - not able to read or write , according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the National Assessment of Educational Progress The National Assessment of Educational Progress (NAEP), also known as "the Nation's Report Card," is the only nationally representative and continuing assessment of what America's students know and can do in various subject areas. . The Heart of America Foundation - through its Books From The Heart program - and Capital One Financial Corporation are doing their part to bridge this gap by joining together for their Literacy Celebration, which will take place from March 1st through March 16th in several communities throughout the country. The Heart of America Foundation and Capital One's three-year partnership is expected to reach the "half-million books collected" milestone this year with an expected 200,000 children benefiting from the program. "The statistics are frightening," says Bill Halamandaris, president of The Heart of America Foundation and author of the book, The Heart of America: Ten Core Values That Make Our Country Great. "Children in economically depressed communities have one or two age-appropriate books in their homes. Compare that to middle-income communities, where children have more than 50 age-appropriate books on average, or to high-income communities, where that number swells to almost 200. Our partnership with Capital One enables us to attack the heart of the issue by providing access to reading material for all children." "Literacy allows for learning and empowers children to live up to their full potential," said Capital One spokesperson Laura White. "We are proud to partner with Heart of America in nurturing tomorrow's most valuable resource - our children." Capital One will conduct book drives and special events centered on raising awareness Raising awareness is a common phrase advocacy groups use to justify a particular event, brochure or even the entire organization. Raising awareness refers to alerting the general public that a certain issue exists and should be approached the way the group desires. of today's literacy problem in the following markets: Northern Virginia Northern Virginia (NoVA) consists of Arlington, Fairfax, Loudoun, and Prince William counties and the independent cities of Alexandria, Falls Church, Fairfax, Manassas, and Manassas Park. ; Richmond, Va.; Boise, Idaho “Boise” redirects here. For other uses, see Boise (disambiguation). Boise is the capital and most populous city of the U.S. state of Idaho. It is the county seat of Ada County and the principal city of the Boise metropolitan area. ; Southborough, Mass.; Dallas/Fort Worth; San Diego San Diego (săn dēā`gō), city (1990 pop. 1,110,549), seat of San Diego co., S Calif., on San Diego Bay; inc. 1850. San Diego includes the unincorporated communities of La Jolla and Spring Valley. Coronado is across the bay. ; and Tampa, Fla. The drives and special events will be held in conjunction with the National Education Association's eighth-annual Read Across America Day, which will take place on March 2 - Dr. Seuss' 101st birthday. In all, Capital One employees across the country and Heart of America expect to collect more than 200,000 books this year. About Heart of America Books From The Heart(TM) is a national program of The Heart of America Foundation(R), a nonprofit humanitarian network located in Washington, D.C. The Heart of America's mission is to teach the values at the heart of America, and help people learn, particularly youth, that we help ourselves when we help others. The Books From The Heart(TM) program goal is to make sure children across the country have books readily accessible in their schools and homes and to provide a tool to teach school children about service to their communities. About Capital One Capital One is a proud sponsor of the Heart of America's Books From The Heart program. This is the fifth year the financial services The examples and perspective in this article or section may not represent a worldwide view of the subject. Please [ improve this article] or discuss the issue on the talk page. company has been involved with Literacy Celebration and the third year it has joined with Heart of America. Over the past four years, Capital One has been responsible for placing nearly 350,000 books in the hands of almost 150,000 children. In addition, Capital One employees have spent more than 8,000 hours reading and distributing books to children. Headquartered in McLean, Virginia McLean is an unincorporated community located in Fairfax County in Northern Virginia. A small geographic area along Chain Bridge Road in Arlington County has a 22101 zip code and is also part of McLean. , Capital One Financial Corporation (www.capitalone.com) is a holding company whose principal subsidiaries, Capital One Bank and Capital One, F.S.B., offer consumer lending Consumer lending or consumer loans refers to any type of loan product that is not a mortgage; such as a car, boat, manufactured home, home equity loan, home equity line of credit, signature loan, signature line of credit, recreational vehicle, or Certificate of Deposit loans. products and Capital One Auto Finance, Inc., which offers auto loan products. Capital One's subsidiaries collectively had 47.0 million managed accounts and $71.2 billion in managed loans outstanding as of December 31, 2003. Capital One, a Fortune 500 company, is one of the largest providers of MasterCard and Visa credit cards in the world. Capital One trades on the New York Stock Exchange New York Stock Exchange (NYSE) World's largest marketplace for securities. The exchange began as an informal meeting of 24 men in 1792 on what is now Wall Street in New York City. under the symbol "COF" and is included in the S&P 500 index. |
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