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The Rite Aid Foundation Donates $5MM to Address COVID-19 Pandemic

Multi-faceted philanthropic package to support wide range of organizations and needs

CAMP HILL, Pa.--(BUSINESS WIRE)--The Rite Aid Foundation on Tuesday announced a $5 million philanthropic package to support the nation’s healthcare providers and first responders; to support children, families and communities impacted by the outbreak; to address geographic pandemic hotspots; and to support Rite Aid’s own associates as they continue to battle the COVID-19 pandemic.

The donation will support organizations providing vital community resources, including emergency grants for first responders and healthcare providers, nurses’ needs on the frontlines, increasing laboratory capacity, assistance for the most vulnerable populations and a national hunger relief effort during this national emergency, and more critical needs.

“In difficult times, The Rite Aid Foundation continues to find inspiration in the everyday heroes – the first responders and healthcare providers, the nonprofit organizations and our own associates – who are protecting the health and wellness of their communities,” said Jessica Kazmaier, president of The Rite Aid Foundation’s board of directors and chief human resources officer, Rite Aid. “It will take an extraordinary and collective response to ensure we recover from this pandemic and thrive well beyond these uncertain days. The Rite Aid Foundation is proud to stand with the courageous men and women who selflessly continue to do their jobs and fight this battle in communities across the country.”

In response to the COVID-19 outbreak, The Rite Aid Foundation will contribute:

  • $1.5 million to organizations and funds supporting healthcare providers and first responders on the front-line of the pandemic, plus their families. The CDC Foundation, the American Nurses Foundation’s Coronavirus Response Fund for Nurses and The First Responders Children’s Foundation COVID-19 Emergency Response Fund will each receive $500,000.

  • $1.5 million to support regional response funds in existing and emerging pandemic hotspots, beginning with $750,000 among the New York Community Trust’s NYC COVID-19 Response & Impact Fund, the New Jersey Pandemic Relief Fund, the United Way for Southeastern Michigan’s COVID-19 Community Response Fund, the Seattle Foundation’s COVID-19 Response Fund and the COVID-19 Los Angeles County Response Fund. The Rite Aid Foundation will reserve $750,000 to respond to emerging hotspots or existing hotspots in need of additional support.

  • $1 million to support community needs in key areas across the nation, especially food insecurity, family support and children’s services. Feeding America and the Boys & Girls Clubs of America will each receive $500,000 to support their ongoing efforts to mitigate the effects of the pandemic.

  • $1 million to The Rite Aid Foundation Associate Relief Fund, to support grants for extraordinary financial hardships due to the COVID-19 pandemic. The funds can be applied to medical, childcare, household or special expenses.

“Now more than ever, Rite Aid associates are living our company values – to be caring neighbors who are passionate about our communities – and it’s critical for The Rite Aid Foundation to support them during their time of need, too,” Kazmaier said. “We sincerely thank them for all that they are doing every day.”

About The Rite Aid Foundation

Since its inception in 2001, The Rite Aid Foundation has awarded more than $68 million to nonprofit organizations. Additionally, Rite Aid, through the efforts of its customers, supplier partners and associates, has also raised more than $92 million for Children's Miracle Network Hospitals across the country since 1994.

About the KidCents Program

Through the KidCents program, which is The Rite Aid Foundation's charitable giving program dedicated to improving the health and wellbeing of children living in the communities Rite Aid services, members of Rite Aid's loyalty program, wellness+ rewards, can round up their in-store or online purchases to the nearest dollar and donate their change to KidCents. Members can also choose to direct their change to a specific KidCents charity by visiting www.kidcents.com. For more information, visit www.kidcents.com.

About Rite Aid Corporation

Rite Aid Corporation is on the front lines of delivering healthcare services and retail products to more than 1.6 million Americans daily. Our pharmacists are uniquely positioned to engage with customers and improve their health outcomes. We provide an array of whole being health products and services for the entire family through over 2,400 retail pharmacy locations across 18 states. Through EnvisionRxOptions, we provide pharmacy benefits and services to approximately 4 million members nationwide. For more information, www.riteaid.com.

Contacts

MEDIA:
Andrew Staub
717-975-5713
andrew.staub@riteaid.com

The Rite Aid Foundation

NYSE:RAD
Details
Headquarters: Philadelphia, PA
CEO: Matt Schroeder
Employees: null
Organization: PRI

Release Summary
The Rite Aid Foundation donated $5 million to support the response to the COVID-19 pandemic and those on the frontline.
Release Versions

Contacts

MEDIA:
Andrew Staub
717-975-5713
andrew.staub@riteaid.com

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