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

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

09/18/2019
The Rite Aid Foundation announced that 390 students have been selected the 2019 Folds of Honor educational scholarship recipients through its KidCents program.

In addition, the scholarships for this year, which total more than $1.9 million, also begin a three-year $6 million commitment to Folds of Honor, the company said.

“Over the last four years, The Rite Aid Foundation has awarded more than 1,500 scholarships to the families of fallen or disabled military heroes. These scholarships don’t just provide educational support, they also give hope to military families for better lives and brighter futures,” Bryan Everett, the chief operating officer of Rite Aid and president of The Rite Aid Foundation, said. “The scholarships help set these children up for future academic growth and success by providing everything from after-school tutoring to tuition to special music education programs. There’s no better way to honor the tremendous sacrifice of our military heroes than by helping their children achieve their dreams.”

Rite Aid associated will recognize select scholarship recipients during in-store celebration events over the next several weekends.

“Folds of Honor could not ask for a more dedicated partner than The Rite Aid Foundation. We are extremely grateful for their tremendous support and commitment to our cause over the last four years,” Major Dan Rooney, the founder of Folds of Honor, said. “The Rite Aid Foundation and Rite Aid’s associates across the nation have taken on our mission as their own and worked tirelessly to honor the sacrifices made by our service men and women, and their families.”