City National literacy grants total more than $96,000 |

City National literacy grants total more than $96,000

Staff Reports

Special to The R-C

City National Bank has awarded 110 Reading is the Way Up grants totaling more than $96,000 to support literacy-based projects at elementary, middle and high schools in Nevada, California, New York and Georgia.

Two Carson Valley schools received grants.

Reading is the Way Up is a literacy initiative through which City National has donated more than 170,000 books to elementary school libraries and awarded nearly 750 teacher grants to enhance literacy totaling more $600,000 since the program’s inception in 2002.

The grants, ranging from $500 to $1,500, will help augment or expand literacy projects that were judged to be creative and engaging, and that would have a tangible effect on student achievement. The winning programs are expected to directly improve literacy to more than 15,000 students in 108 schools.

The educators receiving literacy grants were selected from among the many full-time teachers, librarians, administrators and school media specialists who submitted an online application.

“We wanted to do something special for our 2012-13 literacy grant program since it marked the 10th anniversary of our literacy program, and we believe we achieved our goal,” said Carolyn Rodriguez, vice president and manager of Reading is the Way Up for City National. “This year’s program awarded a record number of grants to the most educators and schools in the history of the program, which ultimately improves the educational experience for both educators and students.”

Local grant recipients include Kelley Welykholowa, from Scarselli Elementary, for “Kan-do Kin-dle Kids,” and Katharine Shipley, Douglas High School, for “Kindles to Increase Literacy.”

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City National Bank is the wholly owned subsidiary of City National Corporation (NYSE: CYN). It is backed by $28.6 billion in total assets, and provides banking, investment and trust services through 78 offices, including 16 regional centers, in Southern California, the San Francisco Bay Area, Nevada, New York City, Nashville and Atlanta. The company and its investment affiliates manage or administer $56.7 billion in client investment assets, including $38.2 billion under direct management.

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