First Book Named to List of Nonprofits Providing "High-Impact Solutions" to America's Most Pressing Problems
WASHINGTON, Dec. 20, 2012 -- Social Impact Exchange has named First Book one of the top 100 "high-impact solutions to America's most pressing problems."
First Book, a nonprofit that is transforming educational system for kids in need by providing them with new, high-quality books and resources, is one of 100 organizations to appear on Social Impact Exchange's new S&I 100 index, an exclusive list of U.S. nonprofits "with proof of results and high potential for expansion."
"We've worked hard to ensure that our model is not only efficient and effective in bringing books and educational resources to the 46,000 local schools and community programs we're currently serving, but is an innovation capable of scaling upwards dramatically to reach the millions of children still waiting for us," said Kyle Zimmer, president and CEO of First Book. "Being included in the S&I 100 shows that it's working. We're delighted and honored by this recognition."
Intended as a seal of approval for both donors and investors, the S&I 100 is the result of a thorough and rigorous research and selection process in which impact and growth were major factors. To be included on the list, First Book had to meet extensive eligibility requirements, including a detailed plan to scale and an extensive evaluation of impact by third party experts.
Since 1992, First Book has distributed over 100 million brand-new books and educational resources, valued at $750 million, to schools and programs serving children from low-income families.