Rite Aid (NYSE: RAD) announced today that The Rite Aid Foundation will donate $50,000 to the American Red Cross to help the victims, families and communities in the Philippines affected by Typhoon Haiyan.
“Our hearts go out to the people and communities affected by Typhoon Haiyan,” said Ken Martindale, Rite Aid’s President and Chief Operating Officer and President of The Rite Aid Foundation. “So many lives were forever changed as a result of this devastating tropical storm. The Rite Aid Foundation is proud to partner with the American Red Cross as their team provides critical services and support for the people of the Philippines in their time of need.”
“The generous support of The Rite Aid Foundation will help the Red Cross support people affected by Typhoon Haiyan, both in the emergency response and as people and communities work to rebuild their lives,” said Roger Lowe, senior vice president, Communications at the American Red Cross.
The Rite Aid Foundation, founded in July 2001, is a not-for-profit foundation dedicated to helping children’s health and well-being. Since its inception, The Rite Aid Foundation has awarded grants totaling more than $16 million to more than 1,300 organizations nationwide. For more information on The Rite Aid Foundation, visit www.riteaid.com.Rite Aid Corporation is one of the nation’s leading drugstore chains with nearly 4,600 stores in 31 states and the District of Columbia and fiscal 2013 annual revenues of $25.4 billion. Information about Rite Aid, including corporate background and press releases, is available through the company’s website at www.riteaid.com. The American Red Cross shelters, feeds and provides emotional support to victims of disasters; supplies about 40 percent of the nation's blood; teaches skills that save lives; provides international humanitarian aid; and supports military members and their families. The Red Cross is a not-for-profit organization that depends on volunteers and the generosity of the American public to perform its mission. For more information, please visit redcross.org or visit us on Twitter at @RedCross.