It’s no secret that Sandy Chin can use her successful portfolio management skills to hit a homerun on a new project. She took one look at public elementary school PS11 and instantly knew she had to do something for the students on New York City’s West Side. The kids were in need of books for the summer, but the expense proved to much to bear for some of the parents. PS11 is also called the William T. Harris School. There are a diverse group of students who attend the school and a couple of low income housing projects provide a big portion of the attendees.
Many children are at risk of a summer slide when it comes to reading because over the summer, other activities take precedence. Children also do not have access to the same reading load they deal with over the school year. For some students, the lack of book access or encouragement may leave them with no reading at all for a period of three months. That’s a long time to be away from daily reading, and children can begin to fall back on reading levels. Sandy Chin’s son attends PS11, but he is not at risk for this situation because he has access to tons of books, and he enjoys going to the neighborhood library.
Many public libraries have started summer reading programs to help reduce the backslide, but many parents and children still don’t get the chance to take advantage of these programs. Having your own book is a very special feeling, and several of the children can be seen toting a book around like it’s their favorite stuffed animal. Sandy Chin remembers falling in love with books as a child, and she knows that if children had the appropriate access to books on their reading level, they would read them.
Sandy and other volunteers made a decision to have a summer book drive at PS11. The point of the drive was to collect used books that could be provided to kindergarten students at PS11 for free. This drive would provide all kindergarten kids with a book of their own to have and read over the summer break.
About Sandy Chin
Sandy Chin is the CIO and portfolio manager at Tidal Bore Capital. She previously worked as portfolio manager at Visium Asset Management LLC. She left Visium to focus on pharmaceutical stocks. She was the senior analyst of S.A.C. Capital Management LLC as well as Moore Capital Management, L.P. She has been the Vice President of Neuberger Berman LLC. she has also worked as an analyst at Bank of America Corporation, Jenrette International, and Donaldson Lufkin & Jenrette.