[aisle] Scholastic Book Fair Fuel Surcharge Meeting

Laura Bollin bollin.laura1 at gmail.com
Fri Oct 21 11:05:54 CDT 2022


According to my rep, it’s $75 USD or $150 in Scholastic Dollars if you make
$3,500 or more, and $80 USD if you make $3,499 or less.

On Fri, Oct 21, 2022 at 9:30 AM Peterson, Sharon I. (OV) via AISLE <
aisle at list.railslibraries.info> wrote:

> How much is the surcharge?  Does it vary or is it a fixed rate?
>
>
>
> Mrs. Sharon Peterson
>
> Oak View’s LMC Director/Teacher
>
> 630-759-9300
>
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> *Do you seek knowledge?  You’ll find it in books!  Reading expands the
> mind and your imagination!*
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>
> *From: *Gargano-Price, Maria via AISLE <aisle at list.railslibraries.info>
> *Sent: *Tuesday, October 18, 2022 1:07 PM
> *To: *AISLE-Share: Association of Illinois School Library Educators
> discussion list <aisle at list.railslibraries.info>
> *Cc: *Gargano-Price, Maria <mgargano at elmhurst205.org>; Group-10840-CPS
> Librarians <group-10840-cps_librarians at cps.edu>
> *Subject: *Re: [aisle] Scholastic Book Fair Fuel Surcharge Meeting
>
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> You only see it when you complete your financial page.
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> Maria
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>
>
> On Mon, Oct 17, 2022, 4:48 PM Kathryn Green via AISLE <
> aisle at list.railslibraries.info> wrote:
>
> Would you please share when this was added to the page? I am looking for a
> date and a where. Is it at confirmation point or later?
> Thank you
>
> Kathryn Green
>
> District Librarian Oregon, Illinois
>
>
>
> On Oct 17, 2022, at 2:36 PM, Ranftl, Kelly via AISLE <
> aisle at list.railslibraries.info> wrote:
>
> 
>
> Hi Fellow Librarians,
>
> Scholastic Book Fairs lit an angry fire under me when they explained the
> fuel surcharge they are applying to book fairs. I did my research, replied
> (see below), and Scholastic Book Fairs Leadership is now asking me to have
> a phone meeting regarding my "strong feelings". If you also have "strong
> feelings" about the fuel surcharge or would like to share how it is
> impacting your school/students, please let me know. I would love to share
> your concerns with Scholastic leadership.
>
> ~Kelly Ranftl
>
>
>
> My email to Scholastic:
>
> Dear xxxxx,
>
> Our problem is with the unjust practice of a BILLION dollar company
> essentially charging schools to run your fairs. Scholastic is NOT a mom &
> pop shop struggling with inflation. The fuel charge is about company
> bigwigs making more cash. I find it greedy and immoral for business owners
> to nickel and dime schools and children, especially when the company has
> had record-breaking earnings the previous year.  Scholastic is not in
> financial trouble, as the quotes below prove.
>
>
>
> "Scholastic recorded significant revenue and operating income gains in
> both reporting periods, led by increased in-person book fairs and record
> revenue-per-fair levels in the U.S. book fairs channel, as well as strong
> demand for the Company's educational offerings."
>
>
>
> "...Board of Directors also approved a 33% increase in its regular
> quarterly cash dividend to $0.20 per share from $0.15 per share on the
> Company's Class A and Common Stock for the first quarter of fiscal 2023."
>
>
>
> Citation:
>
> Scholastic Corporation. “Scholastic Reports Fourth Quarter and Fiscal 2022
> Results Led by Record Revenue per Fair Levels and Strong Education
> Solutions Sales.” *SCHOLASTIC REPORTS FOURTH QUARTER AND FISCAL 2022
> RESULTS LED BY RECORD REVENUE PER FAIR LEVELS AND STRONG EDUCATION
> SOLUTIONS SALES*, 21 July 2022,
> https://www.prnewswire.com/news-releases/scholastic-reports-fourth-quarter-and-fiscal-2022-results-led-by-record-revenue-per-fair-levels-and-strong-education-solutions-sales-301591281.html
> <https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.prnewswire.com%2Fnews-releases%2Fscholastic-reports-fourth-quarter-and-fiscal-2022-results-led-by-record-revenue-per-fair-levels-and-strong-education-solutions-sales-301591281.html&data=05%7C01%7Cpetersonsi%40vvsd.org%7Cf8e92a99a31a4c2f4a1708dab1338e0d%7C7ea87b39ebd14a7cafc33023584d229b%7C1%7C0%7C638017132234386170%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=8C9Hkcn%2B%2FpBTXPQRgF3QkfAhsQ4pl%2FsOu2So8ks%2FGQ4%3D&reserved=0>
>
>
>
> Durkin Park has decided to go with a book fair company that has similar
> offerings, similar prices, better rewards structure, and most importantly,
> is not charging a fuel surcharge to ANY school as a cash grab. Feel free
> to forward my email to Sasha Quinton, President of Book Fairs,
> who made $1,697,980 in total compensation in 2022.
>
> Source:
> https://www.salary.com/tools/executive-compensation-calculator/sasha-quinton-salary-bonus-stock-options-for-scholastic-corp?year=2022
> <https://nam02.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.salary.com%2Ftools%2Fexecutive-compensation-calculator%2Fsasha-quinton-salary-bonus-stock-options-for-scholastic-corp%3Fyear%3D2022&data=05%7C01%7Cpetersonsi%40vvsd.org%7Cf8e92a99a31a4c2f4a1708dab1338e0d%7C7ea87b39ebd14a7cafc33023584d229b%7C1%7C0%7C638017132234386170%7CUnknown%7CTWFpbGZsb3d8eyJWIjoiMC4wLjAwMDAiLCJQIjoiV2luMzIiLCJBTiI6Ik1haWwiLCJXVCI6Mn0%3D%7C3000%7C%7C%7C&sdata=ELn%2FE64s2xC%2BCKjciQgEEFoWKTh7VEct3Kml60dXK2w%3D&reserved=0>
>
>
>
> I know I am not the only one canceling book fairs due to this cash grab.
> Librarians across multiple Facebook groups are livid, and many small-town
> and low-income school librarians are feeling this surcharge hit their book
> budgets. My hope is that if the people in charge realise what they are
> doing to schools is WRONG, a change will be made.
>
>
>
> --
>
> All the best,
>
> Kelly Ranftl
>
> Durkin Park Library Information Specialist
>
> Pronouns: She/Her/Hers
>
> klranftl at cps.edu
>
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-- 
Sincerely,

Laura Bollin Davis

773.860.8322

bollin.laura1 at gmail.com
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