Rite Aid Foundation Joins Rachael Ray Show in Supporting Downtown Boxing Gym Youth Program with $25,000 Donation

PRESS RELEASE

CAMP HILL, Pa. (July 20, 2016) - The Rite Aid Foundation's KidCents program announced today a $25,000 donation to the Downtown Boxing Gym Youth Program, a Detroit-based nonprofit that empowers Detroit youth to be positive and productive members of society through education, athletics, mentorship and intervention. The donation, which was announced during today's episode of RACHAEL RAY, will support program operations as it works towards helping its students stay on the right path through mentorship and academics. The Rite Aid Foundation also provided the organization with $5,000 worth of school, office, first aid and cleaning supplies.

"It's clear that Rachael Ray shares Rite Aid's core value of being a caring neighbor, which is why we are thrilled to partner with her in supporting the Downtown Boxing Gym Youth Program," said Ken Martindale, CEO of Rite Aid stores, president of Rite Aid Corporation and president of The Rite Aid Foundation. "This unique organization is truly making a difference in the lives of every child who walks through its doors and we hope our donation will help them continue serving Detroit youth through the coming year."

The Downtown Boxing Gym Youth Program (DBG) is a free after school educational resource for Detroit youth. The organization currently serves 110 students between the ages of 5 and 18, with more than 600 on a waiting list. To date, the organization has seen a 100% high school graduation rate and most of those students go on to college. For more information, visit DBGYP.org.

"Thanks to the generous donation provided to us by The Rite Aid Foundation we are able to help our members learn, grow and realize their full potential," said Khali Sweeney, Founder of Downtown Boxing Gym Youth Program. "Partners like The Rite Aid Foundation and Rachael Ray are helping us positively impact each and every child we have the opportunity to work with, promoting our children's long-term health and the stability of the overall community."

In Michigan, Rite Aid employs more than 4,300 at its 274 stores and distribution center, including 183 associates at its 11 stores in the city of Detroit.

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 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 organizations focused on improving the health and wellbeing of children.

Nonprofit organizations interested in participating in The Rite Aid Foundation's KidCents program can visit www.kidcents.com/apply to submit an application. To be eligible, an organization must be classified as exempt from federal tax under section 501(c)(3) of the Internal Revenue Service Code and meet the KidCents program guidelines. For more information, visit www.kidcents.com.

Since its inception in 2001, The Rite Aid Foundation has awarded more than $25 million to non-profit organizations. Additionally, Rite Aid, through the efforts of its customers, supplier partners and associates, has also raised more than $75 million for Children's Miracle Network Hospitals across the country since 1994.