CAMP HILL, Pa. — The Rite Aid Foundation announced earlier this week that 428 students have been selected as 2017 Folds of Honor scholarship recipients through its KidCents program. The scholarships, totaling more than $2 million, are the second round of scholarships to be awarded by The Foundation's KidCents program as part of a previously announced three-year, $6 million commitment to Folds of Honor, a nonprofit organization that provides educational scholarships to children of fallen or disabled service members.
"The sacrifices of our military heroes and their families are great and while no words will ever fully express our gratitude, The Rite Aid Foundation remains committed to providing educational support to the children helped by Folds of Honor," stated Tracy Henderson, director of The Rite Aid Foundation and charitable giving initiatives. "We're proud to honor each of this year's more than 400 scholarship recipients, the largest group of recipients since our partnership with Folds of Honor began in 2015, and we look forward to working with the organization and honoring our military heroes by educating their legacy."
Starting this week and through Oct. 20, Rite Aid associates will recognize students receiving the scholarships during special in-store celebration events. In addition to the scholarship, each student will receive a commemorative certificate and Rite Aid gift card.
Including this year's scholarships, to date, The Rite Aid's Foundation's KidCents program has awarded nearly $5.2 million to fund educational scholarships through Folds of Honor.
"The support we've received from The Rite Aid Foundation's KidCents program, Rite Aid associates and customers is second to none and has made a true and meaningful difference in the lives of nearly 600 Folds of Honor students and families across our great country," said Major Dan Rooney, Folds of Honor Founder. "Together with The Rite Aid Foundation, Folds of Honor will answer our call of duty by serving the children of our military heroes, making sure they and their loved ones - true American heroes - aren't forgotten."
Since its inception in 2001, The Rite Aid Foundation has awarded more than $32 million to non-profit organizations. Additionally, Rite Aid, through the efforts of its customers, supplier partners and associates, has also raised more than $81 million for Children's Miracle Network Hospitals across the country since 1994.