As part of its commitment to improving the lives of children in communities served by Rite Aid, The Rite Aid Foundation announced today the launch of its KidCents Regional Grant Program. The new program, designed to support nonprofit organizations that serve children, will award grants ranging from $15,000 - $30,000.

“The Rite Aid Foundation is committed to improving the health and well-being of children and creating a safe environment for them to live and grow,” said Tracy Henderson, director of The Rite Aid Foundation and charitable giving initiatives. “Our new KidCents Regional Grant Program will help us make an even greater impact in the communities we serve by supporting the organizations that are changing the lives of our most vulnerable children and enabling them to achieve future success.”

For the inaugural grant cycle of the KidCents Regional Grant Program, projects may include out-of-school time programs with a goal of improving nutrition, physical fitness or academic success. Priority will be given to those programs that target communities in need.

Grants are available in select counties in the following states: California, Delaware, Maryland, Michigan, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Virginia and Washington. 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.

Applications for the grants are available by invitation only. Interested charities must submit a Letter of Interest online at RiteAid.com/grants by June 22. Grants will be awarded in November 2018.

Since its inception in 2001, The Rite Aid Foundation has awarded nearly $39 million to non-profit organizations. KidCents was developed by The Rite Aid Foundation to provide Rite Aid customers an opportunity to do even more to help the kids in the communities Rite Aid serves. Through KidCents, members of Rite Aid's loyalty program, wellness+ rewards,can round up their in-store or online purchases to the nearest dollar and give their change to one of more than 440 nonprofit organizations focused on improving the health and wellbeing of children. For more information, visit www.kidcents.com.

Rite Aid Corporation (NYSE: RAD) is one of the nation's leading drugstore chains with fiscal 2018 annual revenues of $21.5 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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