Author giving $1 million to bookstores

FILE - In this May 3, 2006, file photo, author James Patterson contemplates a question during an interview at his home overlooking the Intracoastal Waterway in Palm Beach, Fla. Patterson is giving away $1 million of his own money to independent bookstores and on Wednesday, Feb. 19, 2014, Patterson announced the first round of 55 stores to receive over $267,000 in funds. The remaining $750,000 will be given out in stages throughout the year. (AP Photo/Wilfredo Lee, File)
FILE - In this May 3, 2006, file photo, author James Patterson contemplates a question during an interview at his home overlooking the Intracoastal Waterway in Palm Beach, Fla. Patterson is giving away $1 million of his own money to independent bookstores and on Wednesday, Feb. 19, 2014, Patterson announced the first round of 55 stores to receive over $267,000 in funds. The remaining $750,000 will be given out in stages throughout the year. (AP Photo/Wilfredo Lee, File)

NEW YORK (AP) – Best-selling author James Patterson is giving away $1 million of his own money to independent bookstores.

On Wednesday, Patterson announced the first round of 55 stores to receive over $267,000 in funds. The remaining $750,000 will be given out in stages throughout the year.

Patterson’s publisher, Hachette Book Group, released a statement saying the author feels that bookstores are vital to communities and that they leave a lasting love of reading in children and adults.

The bookstores can do whatever they want with the grants, which range from $2,000 to $15,000.

Patterson’s books have sold more than 300 million copies worldwide, making him among the world’s most prolific and popular writers.

(Copyright 2014 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)

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