Rite Aid Celebrates KidCents Scholarship Recipients
During the month of September, Rite Aid honored 274 students who have been named recipients of Folds of Honor educational scholarships provided by The Rite Aid Foundation’s KidCents program.
The $1.3 million donation to Folds of Honor, a nonprofit organization based in Owasso, Okla., that is dedicated to providing educational scholarships to children of fallen or disabled veterans, was first announced in May during Folds of Honor’s annual Patriot Cup Invitational.
The celebration kicked off in Virginia Beach, Va., where CEO of Rite Aid Stores and President of Rite Aid Corporation Ken Martindale and Major Dan Rooney, CEO and Founder of Folds of Honor, recognized 18 students with scholarships totaling $90,000.
“I know I speak for Rite Aid associates everywhere when I say that it’s truly an honor to have the opportunity to meet these young scholars and their families, and to hear their stories and listen to them talk about their educational aspirations,” said Martindale, who also serves as president of The Rite Aid Foundation. “The Rite Aid Foundation is proud to be able to support these students and we look forward to celebrating their continued successes through our partnership with Folds of Honor.”
“Today is a proud moment for the Folds of Honor organization and those we serve,” said Rooney. “We are honored to be collaborating with The Rite Aid Foundation and are so appreciative of their generous donation, which is helping to fulfill the educational dreams of our American military families.”
Later in September, Rite Aid associates held special presentations for scholarship recipients in San Diego, Calif., and Louisville, Ky. Click the image below to view video from these special events.
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.
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 nearly 400 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.
Since its inception in 2001, The Rite Aid Foundation has awarded nearly $21 million to non-profit organizations. Additionally, Rite Aid, through the efforts of its customers, supplier partners and associates, has also raised more than $75 million for Children’s Miracle Network Hospitals across the country since 1994.