CAMP HILL, Pa. — This month, Rite Aid associates across the country will honor 274 students receiving Folds of Honor educational scholarships provided by The Rite Aid Foundation’s KidCents program.
On Wednesday, Ken Martindale, CEO of stores and president at Rite Aid, and Major Dan Rooney, CEO and founder of Folds of Honor, will inaugurate the month of recognition by presenting 18 students from the greater Virginia Beach, Va., area with scholarships totaling $90,000. The event is being held in the Rite Aid store at 897 Lynnhaven Parkway in Virginia Beach.
The scholarships are funded through the Rite Aid Foundation’s $1.3 million donation to Folds of Honor, a nonprofit organization that provides educational scholarships to families of men and women who have fallen or been disabled in combat while serving in the U.S. armed forces. The donation was announced in May during Folds of Honor’s annual Patriot Cup Invitational.
“There’s no better place for us to begin our month-long 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,” stated Martindale, who’s also president of the Rite Aid Foundation. “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.”
Since its launch in 2007, Folds of Honor has raised more than $70 million and awarded nearly 8,000 scholarships to the family members of fallen or disabled veterans.
“Today is a proud moment for the Folds of Honor organization and those we serve,” commented Rooney, an F-16 fighter pilot in the Oklahoma Air National Guard who served three tours of duty in Iraq. “Folds of Honor stands proudly with The Rite Aid Foundation in recognizing the KidCents scholars across Virginia Beach and the surrounding area as well as the more the 250 students nationwide receiving scholarships. 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.”
In addition to the donation, Folds of Honor can receive round-up donations from Rite Aid customers through the KidCents program. Developed by the Rite Aid Foundation, KidCents provides a way for Rite Aid customers to help the children in the communities that Rite Aid serves. 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 their change to one of more than 360 nonprofit groups focused on improving the health and well-being of children.