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New York Life Foundation Grants $1.6 Million to the Developmental Studies Center for National Program

Two-Year Grant Funds Expansion of Reading and Math Enrichment Programs for Disadvantaged Youth Nationwide

Foundation Funding of the Center Tops $4.7 Million Since 2007

NEW YORK, N.Y., August 17, 2010 - The New York Life Foundation announced today a $1.6 million two-year grant to the Developmental Studies Center (DSC) to expand access to its Afterschool KidzLit and Afterschool KidzMath enrichment programs nationally. This follows previous funding from the Foundation of more than $700,000 in 2007 and $2,400,000 in 2008. At least 800 sites will now be able to participate each year, resulting in over 3,000 sites nationally that will be enriched by KidzLit and KidzMath.

"With this grant, the New York Life Foundation is making it possible for deserving youth across the country to get what they need during the after-school hours-academic support that is engaging and challenging, and social support that enables them to become caring, principled, and responsible," said Eric Schaps, president, Developmental Studies Center.

"The New York Life Foundation is proud to support research-proven programs that help youth to become as knowledgeable, thoughtful, principled, and caring as possible," said Chris Park, president, New York Life Foundation. "DSC's reading and math enrichment programs help students build the skills they will need to succeed later in life."

KidzLit is a K-8 reading enrichment and social development program built around 180 popular children's books featuring diverse cultures and settings. KidzMath is a K- 6 math enrichment and social development program built around a mix of 50 collaborative games and 20 math-related storybooks. All after-school sites considered high-need sites (serving 50 percent or more disadvantaged children) receive a 25 percent discount on materials. Sites wishing to participate but not considered high-need receive a 10 percent discount. All sites receive free professional development for two or three of their staff members at 30 workshops across the country DSC staff provides each year.

For more information about this grant and details on implementing this program, please visit: wwww.devstu.org/new-york-life-after-school-initiative

About Developmental Studies Center
Headquartered in Oakland, Calif., DSC is a nonprofit organization that has been dedicated since 1980 to promoting children's academic, social, and ethical learning in a uniquely integrated manner. DSC seeks to help all children acquire the academic skills they need to be productive citizens, to think deeply and critically so they can continue learning throughout their lives, and to deepen their commitment to democratic values. In the past eight years, DSC's in-school programs have been adopted in over 80,000 classrooms and its after-school programs in over 3,500 after-school sites. Most of these classrooms and after-school sites serve minority and low-income young people. For more information, please go to www.devstu.org.

About The New York Life Foundation
Inspired by New York Life's tradition of service and humanity, the New York Life Foundation has, since its founding in 1979, provided more than $130 million in charitable contributions to national and local nonprofit organizations. Through its focus on "Nurturing the Children," the Foundation supports programs that benefit young people, particularly in the areas of mentoring, safe places to learn and grow, educational enhancement opportunities and childhood bereavement. The Foundation also encourages and facilitates the community involvement of employees, agents, and retirees of New York Life through its Volunteers for Life program. To learn more, please visit the Foundation's Web site at www.newyorklifefoundation.org.

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New York Life Foundation Grants $1.6 Million to the Developmental Studies Center for National Program

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