The Rite Aid Foundation’s KidCents program will donate $1.3 million to
Folds of Honor, a nonprofit organization based in Owasso, Okla.,
dedicated to providing educational scholarships to children of fallen or
disabled veterans. The donation was announced in Owasso over Memorial
Day weekend during Folds of Honor’s annual Patriot Cup Invitational, a
golf tournament and gala celebrating our nation’s heroes and raising
funds for Folds of Honor.
“It is truly an honor for The Rite Aid Foundation’s KidCents program to
join forces with an outstanding organization such as Folds of Honor,”
said Ken Martindale, Rite Aid president and chief operating officer who
also serves as president of The Rite Aid Foundation. “The Foundation’s
donation to Folds of Honor not only brings the mission of The Rite Aid
Foundation to life, but most importantly, it will also help the
organization continue to make a lasting difference in the lives of
children whose parents have made the ultimate sacrifice while serving
our country.”
Folds of Honor was founded in 2007 by Major Dan Rooney, an F-16 fighter
pilot in the Oklahoma Air National Guard who served three tours of duty
in Iraq. Since its inception, Folds of Honor has raised more than $70
million and awarded nearly 8,000 scholarships to the family members of
fallen or disabled veterans.
“With support from partners like The Rite Aid Foundation, our
organization is able to honor the sacrifice of our service men and women
by ensuring that no child or family is left behind when they lose a
parent while serving our country,” said Major Dan Rooney. “We are proud
and humbled to be welcomed into the Rite Aid Foundation’s KidCents’
family and look forward to working with Rite Aid, its associates and
customers to help those we serve achieve their educational goals.”
KidCents was developed by The Rite Aid Foundation to provide Rite Aid
customers an opportunity to do even more to help the kids in the
communities Rite Aid serves. Through KidCents, members of Rite Aid’s
wellness+ with Plenti program can round up their in-store or online
purchases to the nearest dollar and give their change to one of more
than 300 nonprofit organizations focused on improving the health and
wellbeing of children.
In addition to the donation, Folds of Honor is also able to receive
round-up donations from Rite Aid customers through the KidCents program.
To learn how to designate your change to Folds of Honor, visit www.kidcents.com.
Since its inception in 2001, The Rite Aid Foundation has awarded nearly
$20 million to non-profit organizations. Additionally, Rite Aid, through
the efforts of its customers, supplier partners and associates, has also
raised more than $65 million for Children’s Miracle Network Hospitals
across the country since 1994.
Rite Aid Corporation (NYSE: RAD) is one of the nation's leading
drugstore chains with nearly 4,600 stores in 31 states and the District
of Columbia and fiscal 2015 annual revenues of $26.5 billion.
Information about Rite Aid, including corporate background and press
releases, is available through the company's website at www.riteaid.com.
Folds of Honor is a 501(C)(3) nonprofit organization that provides
educational scholarships to families of military men and women who have
fallen or been disabled in combat while serving in the United States
armed forces. For more information, visit www.foldsofhonor.org.
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