In addition to Literacy Capital’s investment objectives and strategy, it also has a charitable mission
Literacy Capital plc will make an annual donation equating to 0.9% of the Company’s net asset value, thereby providing consistent, long-term and growing charitable donations as the fund increases in size. Since the creation of Literacy Capital in 2017, more than £10.6 million has been donated to charities focused on improving UK literacy
The aim is to advance the education of children in the United Kingdom, in particular by promoting or supporting the development of literacy
One charity that has benefited from support is Bookmark Reading Charity. Bookmark aims to develop a scalable technology solution to match community settings with much needed reading helpers who will support children struggling with literacy
Bookmark will provide a support network for volunteers who want to foster a love of reading and really make a difference in their local communities
Using commercial knowledge and experience, Bookmark aims to make a social impact in an efficient and cost-effective way
