The Rite Aid Foundation announced today that 390 students have been selected as 2019 Folds of Honor Educational Scholarship recipients through its KidCents program. This year’s scholarships, which total more than $1.9 million, begin 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.
This new three-year commitment is The Rite Aid Foundation’s third contribution to Folds of Honor. Since 2015, The Rite Aid Foundation has awarded $7.2 million to the organization, including $1.3 million in 2015 and another three-year, $6 million commitment in 2016.
“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,” said Major Dan Rooney, founder, Folds of Honor. “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.”
Rite Aid associates will recognize select scholarship recipients during in-store celebration events over the next several weeks.