PRESS RELEASE – Thousands of pre-school students across Saint Lucia will begin the new school term with the joy and advantage of being beneficiaries of gift packages of high quality learning materials from Coconut Bay Beach Resort & Spa, through its recently launched Cocoland Cares Project.
The over two tonnes of materials will be distributed to 126 Early Childhood Education Centres throughout the island during an initial two-day period, from Monday and Tuesday, April 28 and 29, 2014.
The distribution of packages to all schools will follow an exercise of sorting on Saturday, April 26. This would involve the participation of senior and management staff that will make a “hands-on” contribution to the project by ensuring that the packages are prepared for delivery to Learning Centres for the beginning of the new school term.
Hotel owner Butch Hendrickson has stated that the Cocoland Cares Project is an annual commitment which is his contribution towards enhancing the prospects of successful futures for our nation’s youth. He has given the undertaking that a new shipment of material will be available in September, 2014 for distribution to Early Childhood Centres in time for the beginning of the 2014-2015 school year.
Hendrickson justified his investment on the previous cost benefit analysis undertaken on the societal benefits of investing in early childhood education.
According to the findings of the 2006 High/Scope Perry Preschool Study undertaken by Dr. Lawrence J. Schweinhart: “Each US dollar invested in early childhood development yields a cumulative economic return to society of 17 dollars, a better return than any stock investment, with 12 dollars directly benefiting the public. Of the public return, 88 percent came from crime savings, four percent from education, seven percent from increased taxes paid on higher earnings, and 1 percent from welfare savings.”
The Cocoland Cares Project received an official endorsement during the launching ceremony on April 8, 2014.