During Memorial Day weekend, The Rite Aid Foundation’s KidCents program announced an additional three-year, $6 million commitment to Folds of Honor, a nonprofit organization that provides educational scholarships to children of military service members who have been killed or seriously wounded while serving our country.
This is The Rite Aid Foundation’s third contribution to Folds of Honor. Since 2015, the Foundation has awarded more than $13 million to the organization, including $1.3 million in 2015 and another three-year $6 million commitment in 2016. As a result of those commitments, the Foundation has awarded nearly 1,600 scholarships to the children of military heroes.
Bill Renz, senior vice president of category management and marketing and a member of The Rite Aid Foundation Board, announced the latest donation alongside Major Dan Rooney, Folds of Honor founder, during the Patriot Cup Invitational, the organization’s annual golf tournament and gala celebrating the nation’s heroes and raising funds for Folds of Honor.
“Since 2015, Rite Aid has been an incredible and steadfast partner for Folds of Honor and we are incredibly thankful for their continuous support,” said Major Dan Rooney. “Time and time again, Rite Aid has proven themselves a caring neighbor to our nation’s fallen or disabled service men and women and their families. We cannot thank them enough for their tremendous support in helping the children of our military heroes gain access to better educational opportunities, and ultimately, brighter futures.”