VIRGINIA BEACH, Va. — Rite Aid Corp. is recognizing 274 students around the country who are receiving Folds of Honor educational scholarships made possible by a $1.3 million donation from the Rite Aid Foundation’s KidCents program.
The celebration kicked off earlier this month at a Virginia Beach Rite Aid store, where Rite Aid president and chief executive officer of stores, Ken Martindale, who also serves as president of the Rite Aid Foundation, presented 18 students from the area with scholarships totaling $90,000.
“There’s no better place for us to begin our monthlong recognition of the KidCents scholarships recipients than Virginia Beach, a community that holds the men and women who serve our country, and their families, in the highest regard,” said Martindale. “I know I speak for Rite Aid associates everywhere when I say that to have an opportunity to meet the young scholars and their families, and to hear their stories and listen to them talk about their educational aspirations, is truly an honor. The Rite Aid Foundation is proud to be able to support these students, and we look forward to celebrating their continued successes through our partnership with Folds of Honor.”
Martindale was joined at the presentation by Major Dan Rooney, founder and CEO of Folds of Honor, a nonprofit group dedicated to providing educational scholarships to the children of fallen or disabled veterans.
“We are honored to be collaborating with the Rite Aid Foundation and are so appreciative of their generous donation, which is helping to fulfill the educational dreams of our American military families,” Rooney said.
Through KidCents, members of Rite Aid’s wellness+ with Plenti program can round up their in-store or online purchases to the nearest dollar and give the change to one of more than 360 nonprofit organizations focused on improving the health and well-being of children.