The Rite Aid Foundation announced today that 422 students have been selected as 2018 Folds of Honor educational scholarship recipients through its KidCents program. This year’s $2 million award completes a three-year, $6 million commitment to Folds of Honor, a nonprofit organization that 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,” said Kermit Crawford, president and chief operating officer of Rite Aid Corporation and president of The Rite Aid Foundation.
Starting this week, Rite Aid associates will begin recognizing select scholarship recipients during special in-store celebration events. In addition to the scholarship, students will receive a commemorative certificate and Rite Aid gift card.
Since first partnering with Folds of Honor in 2015, The Rite Aid Foundation has awarded over 1,500 scholarships totaling more than $7.1 million to the families of our military heroes.
“The Rite Aid Foundation has been an extraordinary partner in our mission to educate the legacy of our fallen and disabled service members,” said Major Dan Rooney, Folds of Honor Founder and CEO. “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.”