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Reading Is Fundamental Hosts "Care to Read" Training at New Orleans Public Library

Capital One provides funding for training to support children's emergent literacy skills

WASHINGTON, May 11, 2009—Reading Is Fundamental (RIF), the nation's oldest and largest children and families' literacy nonprofit organization, and Capital One Financial Corporation teamed up May 7-8 to provide a Care to Read Training at the New Orleans Public Library.

Care to Read provides training and resources for staff in center- and home-based childcare programs to support children's emergent literacy skills. Six workshops cover important topics in early literacy development and use children's literature to actively engage staff while illustrating literacy development concepts. Care to Read training is structured as a "train the trainer" model, which prepares participants to return to their childcare programs and deliver the six workshops to their colleagues.

"Thanks to Capital One, RIF's Care to Read program provided training to 35 caregivers, each of whom will in turn train an average of 10 additional trainers," said Carol H. Rasco, RIF president and CEO. "By training staff to create literacy-rich environments for toddlers and preschoolers, we can foster literacy and learning for future readers at a critical stage in their language development."

Care to Read also aims to improve childcare center and family access to children's books and awareness of quality children's literature by providing a collection of children's books related to the training workshops. By promoting awareness of early literacy development, RIF training consultants motivate and prepare childcare staff to read to the children in their care and to support families in reading with their own children.

"Education remains one of the most important investments we can make in our children and communities," said Carolyn Berkowitz, Capital One's vice president of community affairs. "We are pleased to partner with RIF to offer this program because it provides support for hundreds of children and their families."

Thanks to a generous grant from Capital One Financial Corporation, more than 56,000 children and their families have had an opportunity to participate in RIF's Family of Readers program. Chief Financial Officer Gary Perlin announced the three-year $1.25 million commitment at RIF's first annual Gift of Reading Gala in Washington in 2005. Family of Readers programs help parents develop the skills and self-assurance to take a leading role in supporting their children's reading habits.

About Capital One
Capital One Financial Corporation (www.capitalone.com) is a financial holding company whose subsidiaries, which include Capital One, Capital N.A. and Capital One Bank (USA), N.A., collectively had $121 billion in deposits and $150 billion in managed loans outstanding as of March 31, 2009. Headquartered in McLean, Virginia, Capital One offers a broad spectrum of financial products and services to consumers, small businesses and commercial clients. Capital One, N.A. and Chevy Chase Bank, F.S.B. have approximately 1,000 branch locations primarily in New York, New Jersey, Texas, Louisiana, Maryland, Virginia, and the District of Columbia. A Fortune 500 company, Capital One trades on the New York Stock Exchange under the symbol "COF" and is included in the S&P 100 index.

About RIF
Reading Is Fundamental, Inc. (RIF), founded in 1966, motivates children to read by working with them, their parents, and community members to make reading a fun and beneficial part of everyday life. RIF's highest priority is reaching underserved children from birth to age 8. Through community volunteers in every state and U.S. territory, RIF provides 4.5 million children with 16 million new, free books and literacy resources each year. For more information and to access reading resources, visit RIF's website at www.rif.org.

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Reading Is Fundamental Hosts "Care to Read" Training at New Orleans Public Library