Binc has helped a variety of booksellers and their families help pay for higher education and provided key scholarship programs to booksellers attend industry events. Andrea Jones, who recently became co-owner of Galaxy Bookshop, Hardwick, Vt., was able to attend Winter Institute 11 in Denver because of “the generous scholarship from Binc,” she said. “During the week in Denver, I learned from other booksellers and industry professionals, but also from the wonderful representatives from Binc. It was really nice to hear that in this very exciting and rewarding world of bookselling, there are people dedicated to working to help others so they can continue to share great books and knowledge, support writers and publishers, support communities in the free exchange of ideas.”
Hannah Lee from Main Point Books is a member of Binc’s Program Committee and serves as a member of the Diversity Task Force. The goal of the Diversity Task Force is to draw more people of diverse backgrounds into bookselling and to help those already in the industry to stay and excel.
Hannah attended Children’s Institute 4 in Orlando and presented on a panel on children’s nonfiction that was well attended. Here is Hannah’s report from the conference.
The Binc Foundation would like to thank everyone who donated to our 2016 Campaign to Sustain in the month of May. With your help (all 32 of you!) we were able to raise funds that will be used to grant financial assistance to booksellers from across the country facing financial crisis.
Some of Binc’s most invaluable help has come after bookstores have suffered natural disasters. A striking case involved Bank Square Books, Mystic, Conn., when, in October 2013, Tropical Storm Sandy caused a tidal surge that overwhelmed the store’s sandbagged walls. “Tuesday morning we arrived to a very wet store and no lights, computers or anything but dampness and the smell of a beach at low tide,” recalled owner Annie Philbrick. “Over the next two days, with the undying support of the local community, we packed up and moved the entire children’s section to an empty apartment upstairs, and the remaining store into two Mayflower moving trucks to be held at a storage facility about five miles away until we were able to open up again as a bookstore.”
Binc is thrilled to announce its 2016 Higher Education Scholarship winners! This year’s program awarded 27 scholarships, totaling $109,000, to eligible current bookstore employees/owners and their dependents as well as former Borders Group employees and their dependents. There were two (2) $10,000 scholarships, twenty-four (24) $3,500 scholarships, and one (1) $5,000 Karl Pohrt Memorial Scholarship – granted to an independent bookstore employee candidate who has overcome learning adversity or is a non-traditional student. The scholarships can be used for tuition, fees, books, supplies and room and board. Funds may also be used over consecutive years if the student is not able to use the entire award for the 2015-2016 academic year.
The Binc staff have returned from Chicago, IL and recovered after a jam packed week attending Book Expo America 2016. Pam, Kit, and Penny DROVE to BEA 2016 this year since the Windy City is so close to Ann Arbor (#BEAorBust), along with board member and INscribe Digital EVP Anne Kubek.
The accomplishments of the Book Industry Charitable (Binc) Foundation are striking: since its creation in 1996, Binc has given more than $5.9 million in scholarships and financial assistance grants to more than 6,900 bookstore employees and their dependents. But this is only the start: the Foundation continues to grow, spreading the word about its generous and beneficial work and expanding fundraising to ensure a sustainable future. As it looks ahead, it’s also considering ways to help more people in the book industry.
If you haven’t already heard, this Saturday, April 30th, is the second annual Independent Bookstore Day. 400 bookstores around the country will be holding events, author signings, providing yummy food and selling specially created merchandise available only on this special day celebrating Indies.
What if donating to Binc was quick, easy and still benefited booksellers across the country in times of financial hardship? It already is! Bookstores like Books Inc. and Maria’s Bookshop have found an effective and convenient way to help support Binc by starting voluntary recurring payroll deduction programs at their stores. These programs allow bookstore employees to donate a small amount from each paycheck to Binc in order to help Binc fund programs to assist their colleagues in need. These small amounts from many booksellers add up to big help for someone facing a financial hardship.
The year was 1996, when a group of Borders booksellers had a dream of helping their colleagues in need. Their idea was simple, collect small donations from a large number of booksellers and make those funds available to a coworker facing a personal financial hardship. The donors wouldn’t miss the $5 or $10 a month that they donated, but added together, these funds could pool together to change someone’s life in a very meaningful way.