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THE RITE AID FOUNDATION LAUNCHES NEW CYCLE OF KIDCENTS REGIONAL GRANTS


Nonprofits Can Apply for Grants of Up to $30,000 to Fund Out-of-School Time Programs that Improve Nutrition, Physical Fitness and Academic Success

Camp Hill, Pa. (April 23, 2019) -The Rite Aid Foundation announced today that Letters of Interest are now being accepted for the second cycle of KidCents Regional Grants, which support nonprofit organizations with programs that serve children and improve the quality of life in Rite Aid communities.

The KidCents Regional Grant Program provides grants of $15,000-$30,000 and significantly expands the reach of KidCents by funding specific out-of-school time programs that support one of KidCents' primary focus areas of improving the health and wellbeing of children. For the second grant cycle, organizations must offer out-of-school time programs that improve nutrition, physical fitness or academic success. In addition, the programs must contain an educational component. Priority will be given to those programs that deliver quality out-of-school services to children and youth in high-need families.

"The Rite Aid Foundation created the KidCents Regional Grant Program to further advance our efforts to address critical children's health and wellbeing issues in our communities by helping our nonprofit partners implement innovative programs that make a lasting and meaningful difference in the lives of children," said Tracy Henderson, director of The Rite Aid Foundation and charitable giving initiatives. "Our first cycle of grants was so successful, we've expanded the program to support even more communities."

Charitable organizations that have been in existence for at least one year, have a service area in targeted Rite Aid communities and are in good financial standing are eligible to apply. For additional information about the program or to submit a Letter of Interest online visit www. riteaid.com/grants.

The deadline for submitting a Letter of Interest is May 17, 2019. If The Rite Aid Foundation is interested in pursuing a proposed project, a representative will contact the charity to discuss the possibility of submitting a full online grant application. Submitting an online application does not guarantee funding. Grant recipients will be notified beginning in September.

KidCents Regional Grants are available in select counties in the following states: California, Connecticut, Delaware, Maryland, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Virginia, and Washington. Visit www. riteaid.com/grants for a complete list of counties.

During the first cycle of KidCents Regional Grants, The Rite Foundation awarded 180 grants, totaling more than $4 million. Funded programs included arts education and conflict resolution programs, educational programs for LGBTQ youth, mentoring programs for at-risk youth, academic support for teenagers battling cancer, language programs for refugee children and food assistance and nutrition education for children in need.

Through the KidCents program, members of Rite Aid's loyalty program, www.kidcents.com. Through KidCents' Step Up Fund, The Rite Aid Foundation provides a matching donation of $500 for every $500 a charity raises in contributions through the <wellness+ rewardswww.kidcents.com.

Since its inception in 2001, The Rite Aid Foundation has awarded more than $52 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 Rite Aid Corporation

Rite Aid Corporation (NYSE: RAD) is one of the nation's leading drugstore chains with fiscal 2019 annual revenues of $21.6 billion. Information about Rite Aid, including corporate background and press releases, is available through the company's website at www.riteaid.com

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Contact:

Media: Christopher Savarese 717-975-5718