THE FRANKFORD VALLEY FOUNDATION FOR LITERACY IS A NON-PROFIT ORGANIZATION, 501(C)(3), THAT WAS DESIGNATED FOR THE BENEFIT OF THE COMMUNITY. THEIR MISSION IS TO SUPPORT AND EXPAND OPPORTUNITIES FOR ADVANCEMENT TO EVERY MEMBER OF THE COMMUNITY. THE ORGANIZATION LEASES PROPERTY TO THE FIRST PHILADELPHIA PREPARATORY CHARTER SCHOOL, WHICH IS A TAX EXEMPT ORGANIZATION UNDER IRC 501(C)(3).