JeanDean RIF 

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                          ATTENTION......ATTENTION....THE 2015 VOLUNTEER DATES ARE NOW POSTED...../b>



 

If you are a CHARTER Bank customer, we need your help please!   I  just became aware that our program is in the running for a $5000 grant from Charter Bank.  That would be a huge help in providing books to the thousands of at-risk young children we serve every year—especially now- when  some of the federal funding we have used to serve the children in the past  is no longer available.  Please help us by voting for JEAN DEAN RIF in the Charter Bank non-profit competition ending July 31!!!!

$5000 is awarded in August.  Please make Jean Dean RIF your first choice vote so ALL kids can have books in their homes!  

Ride to Read 2014
 
   
   



Don't know who won  Charter Bank non-profit contest yet
but thanks to all for helping!
 

Many thanks also to all who bought Quilt tickets. Made $3000 on the quilt for RIF funding! Pam Fleming had the winning ticket-gave it back for live auction and Karla and Larry Moons finally had the winning bid. WOW!! That was quite a fundraiser for RIF. Thanks Azalea City Kiwanis for the idea and talented quilter Elaine Williams for creating the quilt!!
                 
 

Thanks also to all who helped make Alabama Kiwanis Foundation Auction in Mobile a success-appreciate all the items donated and all the folks who bought to support the auction benefiting AKF and Jean Dean RIF!  Netted $3000 on the sale of various sports related items, various trip packages, jewelry, books, an arrowhead collection, Barbie Dolls, fancy orthopedic canes, a toy train, a stationary set, Oakley sunglasses,  household appliances, art objects and more!




The Charter Foundation presented a grant check for $1,000 to the Alabama Kiwanis Foundation to be used for the Jean Dean RIF (Reading is Fundamental) program.  In the picture is Mary Goodson, Assistant Branch Manager of our East University Branch, Rich Bailey-Director of Jean Dean RIF’s “Run to Read” race in November 2014, Cathy Gafford-Director of Jean Dean RIF,
and Linda Lee Drummond-Lee County President.

The Heckman Equation: Early Childhood Education Benefits All

By Brendan Greeley January 16, 2014



The Heckman Equation: Early Childhood Education Benefits All

Photograph by Jean Lachat

“Boy, Jim, sounds like you’ve really turned into a social democrat.” This is what James Heckman remembers Lawrence Summers telling him one day in the early 1990s as they sat in Summers’s office in Washington. Heckman, an economist at the University of Chicago, was laying out his ideas about economic development to Summers, then a Treasury under secretary. Poor families should have guaranteed access to education for their 3- and 4-year-olds, Heckman said. He wasn’t advocating socialism, he told Summers, just the opposite: He was fixing a market failure.

Heckman won a Nobel prize in 2000. He used his speech in Stockholm to underscore the importance of using hard, observable data in making public policy, and he’s continued to gather evidence for the idea he explained to Summers. Focused, personal attention paid to the young children of poor families isn’t some warm, fuzzy notion, he argues. It’s a hard-nosed investment that pays off in lower social welfare costs, decreased crime rates, and increased tax revenue. And he has the numbers to prove it. He calls this the Heckman Equation, and shares it relentlessly in public lectures around the country and the world. “The argument is not just an appeal to the poor,” he says. “We’re saving money for everyone, including the taxpaying middle class and upper class. Right now they’re supporting prisons, health, special education in schools. The benefit is broadly shared.… It’s something that would actually accrue to the whole country.”

Saving money, or at least justifying spending it, is now a requirement in Congress and state capitols, and Heckman’s advocacy is winning the support of politicians in both parties. Last year the White House pointed to his work in its budget proposal for early education grants to states. On Dec. 13, congressional negotiators put $250 million for new early education funding into its omnibus spending bill. And President Obama is expected to make the issue a priority in his upcoming State of the Union speech.

The states are way ahead of Obama. Fifteen governors, more Republicans than Democrats, included new money for early childhood education in their budgets in 2013. In all, states are now spending $400 million more on pre-K than before the economic downturn. Secretary of Education Arne Duncan, who meets with Heckman often, says much of this activity can be credited to Heckman’s work. “You have this Nobel prize-winning economist and not some soft-hearted someone like me,” says Duncan. “It’s incredibly powerful.”

Heckman grounds his argument in two long-term studies, one begun in the 1960s in Ypsilanti, Mich., and another a decade later in Chapel Hill, N.C. Both provided free preschool to children from lower-income families. In the decades since, researchers have been given periodic access to those children, now adults. At age 40, the subjects from the Ypsilanti study were far more likely than their peers to have graduated from high school and have jobs. They were more likely to own homes and less likely to have needed social services. The boys were more likely to have grown up to raise their own children and less likely ever to have been arrested. Children from the program in Chapel Hill had higher test scores than their peers through adolescence and were more likely to have gone to college. Both studies are well-known to education researchers. Heckman put them under the gimlet eye of a microeconomist.

In 2010 he and several co-authors produced what he called the “first rigorous cost-benefit study” of the Ypsilanti program. The free instruction cost $17,759 per child per year in 2006 dollars (the year they began working with the data). Heckman set out to find out what taxpayers got for that money. He calculated what the program had saved the state and federal government in social welfare, what it had paid out in increased tax revenue from higher wages, and, most significantly, what it had saved in police, court, and prison costs. The initial investment provided what Heckman calls a “return to society” at an annual rate of 7 percent to 10 percent. Put another way, each dollar spent at age 4 is worth between $60 and $300 by age 65. “For my Republican friends, that’s a language they respect,” says Duncan.

 



TRI-K DAY


 





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