Rite Aid Foundation awards $2M to Folds of Honor scholarship

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Rite Aid Foundation awards $2M to Folds of Honor scholarship

09/17/2018
The Rite Aid Foundation announced that 422 students have been selected as recipients of the 2018 Folds of Honor educational scholarship through its KidCents program.

The Camp Hill, Pa.-based retailer also announced that the $2 million award completes its three-year, $6 million commitment to Folds of Honor, which provides educational scholarships to children and spouses of fallen or disabled service members.

“Education plays such an important role in a child’s wellbeing and development, and we’re pleased to be honoring the tremendous sacrifice of our military heroes by helping their children have the educational foundation they need to achieve their dreams,” Kermit Crawford, president and chief operating officer of Rite Aid, and president of The Rite Aid Foundation said. “Since first partnering with Folds of Honor in 2015, we have awarded over 1,500 scholarships totaling more than $7.1 million to the families of our military heroes. While it’s just a small token of our gratitude, we know these scholarships will make a meaningful difference in the lives and futures of these families.”

Also beginning this week, the retailer’s associates will begin recognizing select scholarship recipients during special in-store celebration events, and students also are to receive a commemorate certificate.

“The Rite Aid Foundation has been an extraordinary partner in our mission to educate the legacy of our fallen and disabled service members,” Major Dan Rooney, Folds of Honor founder and CEO, said. “Rite Aid, its associates and customers have taken on our mission as their own and worked tirelessly to honor the sacrifices of our military men and women, their families and children. These scholarships don’t just provide educational support, they give hope to military families when they need it the most.”