<div dir="ltr">Dear Kelly,<div><br></div><div>I agree with you wholeheartedly. I left Scholastic several years ago because of their practices. The company made it clear that I was a small fish and they didn't need to work with me. Thanks for speaking out.</div></div><br><div class="gmail_quote"><div dir="ltr" class="gmail_attr">On Mon, Oct 17, 2022 at 2:36 PM Ranftl, Kelly via AISLE <<a href="mailto:aisle@list.railslibraries.info">aisle@list.railslibraries.info</a>> wrote:<br></div><blockquote class="gmail_quote" style="margin:0px 0px 0px 0.8ex;border-left:1px solid rgb(204,204,204);padding-left:1ex"><div dir="ltr"><div class="gmail_default" style="font-family:"trebuchet ms",sans-serif;font-size:large">Hi Fellow Librarians,</div><div class="gmail_default" style="font-family:"trebuchet ms",sans-serif;font-size:large">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.</div><div class="gmail_default" style="font-family:"trebuchet ms",sans-serif;font-size:large">~Kelly Ranftl</div><div class="gmail_default" style="font-family:"trebuchet ms",sans-serif;font-size:large"><br></div><div class="gmail_default" style="font-family:"trebuchet ms",sans-serif;font-size:large"><span style="background-color:rgb(255,255,0)">My email to Scholastic:</span></div><div class="gmail_default" style="font-family:"trebuchet ms",sans-serif;font-size:large">Dear xxxxx,</div><div class="gmail_default" style="font-family:"trebuchet ms",sans-serif;font-size:large"><div class="gmail_default" style="font-family:Arial,Helvetica,sans-serif;font-size:small"><span style="font-size:large;font-family:"trebuchet ms",sans-serif">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. </span><span style="font-size:large;font-family:"trebuchet ms",sans-serif">The fuel charge is about company bigwigs making more c</span><font face="trebuchet ms, sans-serif" style="font-size:large">ash. I find it</font><span style="font-size:large;font-family:"trebuchet ms",sans-serif"> greedy and immoral for business owners to nickel and dime schoo</span><font face="trebuchet ms, sans-serif" size="4">ls and children, especially when the company has had record-breaking earnings the previous year. </font><font face="trebuchet ms, sans-serif" size="4"><span style="color:rgb(33,34,33)"> </span></font><span style="font-family:"trebuchet ms",sans-serif;font-size:large">Scholastic is not in financial trouble, as the quotes below prove.</span><font face="trebuchet ms, sans-serif" size="4"><span style="color:rgb(33,34,33)"> </span></font></div><div class="gmail_default" style="font-family:Arial,Helvetica,sans-serif"><font face="trebuchet ms, sans-serif"><br></font></div><blockquote style="font-family:Arial,Helvetica,sans-serif;font-size:small;margin:0px 0px 0px 40px;border:none;padding:0px"><div class="gmail_default" style="font-size:large"><font face="trebuchet ms, sans-serif">"<span style="color:rgb(55,55,55);font-size:16px">Scholastic recorded significant revenue and operating income gains in both reporting periods, led by increased in-person book fairs and <span style="background-color:rgb(255,255,0)">record revenue-per-fair levels in the U.S. book fairs channel</span>, as well as strong demand for the Company's educational offerings."</span></font></div><div class="gmail_default" style="font-size:large"><span style="color:rgb(55,55,55);font-size:16px"><font face="trebuchet ms, sans-serif"><br></font></span></div><div class="gmail_default" style="font-size:large"><font face="trebuchet ms, sans-serif"><span style="color:rgb(55,55,55);font-size:16px">"...B</span><span style="color:rgb(55,55,55);font-size:16px">oard of Directors also <span style="background-color:rgb(255,255,0)">approved a 33% increase in its regular quarterly cash dividend</span> to </span><span style="box-sizing:border-box;color:rgb(55,55,55);font-size:16px">$0.20</span><span style="color:rgb(55,55,55);font-size:16px"> per share from </span><span style="box-sizing:border-box;color:rgb(55,55,55);font-size:16px">$0.15</span><span style="color:rgb(55,55,55);font-size:16px"> per share on the Company's Class A and Common Stock for the first quarter of fiscal 2023."</span></font></div></blockquote><blockquote style="font-family:Arial,Helvetica,sans-serif;font-size:small;margin:0px 0px 0px 40px;border:none;padding:0px"><div class="gmail_default" style="font-size:large"><font face="trebuchet ms, sans-serif"><br></font></div><div class="gmail_default" style="font-size:large"><font face="trebuchet ms, sans-serif">Citation:</font></div></blockquote><blockquote style="font-family:Arial,Helvetica,sans-serif;font-size:small;margin:0px 0px 0px 40px;border:none;padding:0px"><div class="gmail_default" style="font-size:large"><font face="trebuchet ms, sans-serif">Scholastic Corporation. “Scholastic Reports Fourth Quarter and Fiscal 2022 Results Led by Record Revenue per Fair Levels and Strong Education Solutions Sales.” <i>SCHOLASTIC REPORTS FOURTH QUARTER AND FISCAL 2022 RESULTS LED BY RECORD REVENUE PER FAIR LEVELS AND STRONG EDUCATION SOLUTIONS SALES</i>, 21 July 2022, <a href="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" target="_blank">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</a></font></div></blockquote><div class="gmail_default" style="font-family:Arial,Helvetica,sans-serif;font-size:small"><span style="font-size:large;color:rgb(33,34,33);font-family:"trebuchet ms",sans-serif"><br></span></div><div class="gmail_default" style="font-family:Arial,Helvetica,sans-serif;font-size:small"><div class="gmail_default" style="font-size:large"><font face="trebuchet ms, sans-serif">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. </font><span style="font-family:"trebuchet ms",sans-serif;color:rgb(33,34,33)">Feel free to forward my e</span><font face="trebuchet ms, sans-serif" style="font-size:small"><font size="4"><span style="color:rgb(33,34,33)">mail to </span><span style="box-sizing:border-box;color:rgb(33,34,33)">Sasha Quinton, President of Book Fairs, who</span><span style="color:rgb(33,34,33)"> made </span><span id="m_1922973355653701326m_-1874322572174012124gmail-totalcompensation" style="box-sizing:border-box;color:rgb(33,34,33)">$1,697,980</span><span style="color:rgb(33,34,33)"> in total compensation in 2022. </span></font></font></div><blockquote style="margin:0px 0px 0px 40px;border:none;padding:0px"><div class="gmail_default"><font face="trebuchet ms, sans-serif" size="4"><span style="color:rgb(33,34,33)">Source: </span><a href="https://www.salary.com/tools/executive-compensation-calculator/sasha-quinton-salary-bonus-stock-options-for-scholastic-corp?year=2022" target="_blank">https://www.salary.com/tools/executive-compensation-calculator/sasha-quinton-salary-bonus-stock-options-for-scholastic-corp?year=2022</a></font></div><div class="gmail_default"><font face="trebuchet ms, sans-serif"><br></font></div></blockquote><font face="trebuchet ms, sans-serif"><span style="color:rgb(33,34,33);font-size:large">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. </span></font></div></div><div><br></div>-- <br><div dir="ltr"><div dir="ltr"><font size="4" face="trebuchet ms, sans-serif">All the best,</font><div><div><font size="4" face="trebuchet ms, sans-serif">Kelly Ranftl </font></div><div><font size="4" face="trebuchet ms, sans-serif">Durkin Park Library Information Specialist</font></div><div><font face="trebuchet ms, sans-serif" size="4">Pronouns: She/Her/Hers</font></div><div><font size="4" face="trebuchet ms, sans-serif"><a href="mailto:klranftl@cps.edu" target="_blank">klranftl@cps.edu</a></font></div><div><font face="trebuchet ms, sans-serif" size="4" style="background-color:rgb(255,255,0)">Support my Classroom with Donors Choose: <a href="https://www.donorschoose.org/project/early-childhood-storytellers/6810970/?utm_source=dc&utm_medium=directlink&utm_campaign=project&utm_term=teacher_2587578&rf=directlink-dc-2022-09-project-teacher_2587578&challengeid=20495476" target="_blank">Early Childhood Storytellers</a></font></div><div><font size="4" face="trebuchet ms, sans-serif"><a href="mailto:klranftl@cps.edu" target="_blank"><img width="87" height="96" src="https://ci3.googleusercontent.com/mail-sig/AIorK4xcbHlq5R1LtDiTrnkZd-QdigD88v-dX0hLw2EKgXbCDft83cLW7LJm6ZK8H600FECtPEekWKE"></a></font><span style="color:rgb(61,133,198);font-family:"trebuchet ms",sans-serif;font-size:large">“Any book that helps a child to form a habit of reading, to make reading one of his needs, is good for him.”</span></div><div><font size="4" face="trebuchet ms, sans-serif" color="#3d85c6"> – Maya Angelou</font></div><div><font size="4"><br></font></div></div></div></div></div>
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