The company signs on as a signature partner for Coaching for Literacy, pledges funds for literacy programs across the country.
SOURCE: International Paper Company
DESCRIPTION:
MEMPHIS, Tenn., December 7, 2021 /3BL Media/ – Amid unparalleled educational challenges brought on by COVID-19, Memphis-based International Paper has renewed its commitment to fighting childhood illiteracy, joining Coaching for Literacy as its signature partner for the fifth straight year. The partnership directs more than $300,000 in funding through Coaching for Literacy’s #Fight4Literacy campaign, and includes additional gifts in select communities of at least $10,000 to support local literacy initiatives.
“Earlier this year, a Stanford study revealed that second- and third-graders were about 30% behind where they should have been in reading after the pandemic school interruptions, and that’s tragic when, already, two out of every three third graders weren’t reading on grade level,” said Carleen O’Reilly, executive director of Coaching for Literacy. “Educators and organizations like ours are working hard to help students overcome those missed learning opportunities, and partners like International Paper truly help provide us with the tools we need to win this fight.”
Through its partnership, International Paper is recognized as a presenting sponsor at every #Fight4Literacy game, through which Coaching for Literacy partners with sports organizations (most notably college basketball teams) to raise awareness and funds to fight illiteracy. Funds raised through the games are granted to local partners to support literacy for students in kindergarten through third grade. In prior years, grants have funded tutoring programs, summer learning camps, and the purchase of age-appropriate reading materials for classrooms and students in need.
“Literacy is the foundation of all education, and improving it is how we will prepare tomorrow’s leaders,” said Dr. Alissa Campbell Shaw, senior manager, Corporate Social Responsibility and Community Engagement, International Paper. “Partnering with Coaching for Literacy allows us to impact tens of thousands of students and numerous organizations in communities across the United States. We are committed to this partnership and heartened by the difference we can make in the #Fight4Literacy.”
Over the past five years, through its partnership with Coaching for Literacy, International Paper has directly provided more than $519,000 in grant funding to 34 literacy organizations in more than a dozen states. This season, Coaching for Literacy has more than 35 #Fight4Literacy games scheduled, with additional games and athletic partners in the works for the year.
About International Paper
International Paper (NYSE: IP) is a leading global producer of renewable fiber-based packaging and pulp products with manufacturing operations in North America, Latin America, North Africa and Europe. We produce packaging products that protect and promote goods, and enable worldwide commerce, and pulp for diapers, tissue and other personal hygiene products that promote health and wellness. We are headquartered in Memphis, Tenn. and employ approximately 38,000 colleagues. Net sales for 2020 were $21 billion*. In Russia, the Company has a 50/50 joint venture, Ilim Group, the country's largest integrated manufacturer of pulp and paper and its largest foreign-domestic alliance in the forestry products sector. For more information about International Paper, our products and global citizenship efforts, please visit internationalpaper.com.
*Inclusive of our former pulp and paper mill in Kwidzyn, Poland, which was sold on August 6, 2021, and our former global papers business, which became a standalone, publicly traded company on October 1, 2021.
About Coaching for Literacy
Founded in 2013 by two high school students, Coaching for Literacy aims to raise awareness of and support solutions to the widespread problem of illiteracy. Using the power and influence of sports, the organization partners with teams across the country to host #Fight4Literacy games, which raise funds for grants to literacy-focused programs in their communities. Coaching for Literacy operates on the core belief that literacy is a fundamental right of every individual. For more information, visit CoachingForLiteracy.org.
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KEYWORDS: NYSE: IP, International Paper, Coaching for Literacy
