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In 2002, Worth Magazine and writer Reshma Memon Yaqub
embarked on a journey to name the most financially and
objectively effective charities, foundations, and organizations
that work toward improving the reality of our world.
Worth’s education category listed many different
organizations each working toward various goals within
the education field. The following excerpt from Worth
Magazine explains its focus on education and its reasons
for listing the Success for All Foundation among the
top 100 charities.
“The Worth 100:
To Give Well, Give Wisely”
From Worth Magazine, December 2002
WHAT’S 10 TIMES 10? It depends on whom you ask.
According to the National Center for Education Statistics,
only one-quarter of students in the fourth and eighth
grades and 17 percent in the 12th grade can do arithmetic
at or above proficient levels. The nonprofit groups
we list here are largely focused on tightening the achievement
gap in K-12 public education. Fifteen percent of charitable
gifts in 2001 went to education – including colleges
– for a total of $31.8 billion, a 2.3 percent
decline from the previous year, adjusted for inflation.
HOW
THEY SPEND YOUR MONEY
$50 FOR EACH $100 THAT’S
DONATED, HERE’S WHAT THE CHARITY DIRECTS
TO PROGRAMS (EXAMPLE ABOVE). FUNDRAISING (FNDR),
ADMINISTRATION (ADMIN), AND FUTURE RESERVES
(RES).
* DENOTES FIGURES FOR HEADQUARTERS
ONLY. |
$81
FNDR $0 ADMIN $13 RES $6
Success for All sells regimented pre-K to eighth-grade
reading programs to schools; the foundation raises funds
through the fees, so donations go to programs. Teachers
must adhere to a highly structured schedule and a script,
so SFA won’t sell its program to a school unless
80 percent of teachers vote to use it. Despite criticism
of its methods, SFA is considered a good option in schools
needing test-score improvements as required by the 2002
No Child Left Behind Act. At 57 schools that use SFA
programs in New York City, the percentage of fourth
graders scoring proficient or better on the state English
Language Arts test has improved 6.9 points since 2000,
compared with 4.8 points in the rest of the city. Last
school year, 1,500 schools in 48 states used SFA’s
reading program; 170 used its math program too.
ANNUAL REVENUE $60.6 MILLION
410-616-2300
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