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CVS Caremark Charitable Trust Supports Non-profits Nationwide with $2.6 Million in Funding

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CVS Caremark Charitable Trust Supports Non-profits Nationwide with $2.6 Million in Funding

Funding part of $5.6 million granted by CVS Caremark to increase access to health care services and children’s health-related programs

WOONSOCKET, R.I., April 3, 2013 /PRNewswire/ — The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark Corporation (NYSE: CVS), announced today that $2.6 million in grants has been awarded to 66 non-profit organizations across the country to provide them with much-needed funding. The new grant recipients were chosen through the 2012 CVS Caremark Charitable Trust’s annual grant cycle. The awarded grants align with CVS Caremark’s purpose of helping people on their path to better health and focus on initiatives supporting access to health care and children’s programming.

To advance the CVS Caremark Charitable Trust’s efforts to improve the quality of health and well-being of underserved populations, grants were awarded to support innovative approaches that increase access to health care for underserved populations – including support for mobile health innovations that bring health care services to locations where people need them most.

Grants also align with CVS Caremark All Kids Can, a signature program of the CVS Caremark Charitable Trust and CVS Caremark, that is committed to helping children of all abilities to be the best that they can be by increasing access to specialized medical and rehabilitation services, and providing inclusive opportunities for physical activity, play and social enrichment.

“We are excited to help deserving non-profit organizations with the funding they need to create healthier outcomes in their local communities in 2013,” said Eileen Howard Boone, President, CVS Caremark Charitable Trust. ”All of the non-profit organizations we support share our purpose of helping people on their path to better health, and we are honored to recognize the important work they do to make a difference in the lives of children and families in the communities we serve.”

Funding from the CVS Caremark Charitable Trust will support the following key areas:

Access to Health Care
As the health care landscape continues to change, the CVS Caremark Charitable Trust is committed to funding programs that provide communities greater access to health care and medical services. Grants totaling more than $680,000 will support a wide range of services from wellness programs for military veterans to breast screenings for underserved woman. The California Schools Health Centers Association will use its grant to open three school-based health centers which will serve thousands of students in low-income communities in the Oakland area.

Coordinated Care
Of the $2.1 million, more than $285,000 will support programs that are implementing coordinated care for children with disabilities. By combining all medical and treatment services into one comprehensive plan, coordinated care can be highly effective, yet expensive. The May Institute was awarded a grant by the CVS Caremark Charitable Trust to expand access to effective treatment of autism for children in military families and to improve the coordination of their care.

Early Intervention
More than 25 percent of American children under the age of five are at risk for developmental delays or behavioral problems. Every year, 1.45 million children who are at risk for go unidentified and nearly as many children are eligible for early intervention services, but never receive them.  More than $400,000 will support programs that are responding to the need of early intervention services for children, including the Marcus Autism Center which was awarded a grant to implement eye-tracking technology to diagnose children with autism earlier, thereby creating greater opportunities for early intervention services.

Inclusion
By ensuring that all children, regardless of ability, have access to similar childhood experiences without segregation or differentiation, inclusion services are instrumental to a child’s successful growth and development. The CVS Caremark Charitable Trust is providing grants totaling more than $780,000 to expand inclusive opportunities for children of all abilities to be able to learn, play and succeed side-by-side, including a grant to the Rehabilitation Institute of Chicago to support adaptive sports programming for disadvantaged youth of all abilities.

In addition to the grants awarded by the CVS Caremark Charitable Trust, CVS Caremark provided more than $3 million in 2012 to support a variety of programs focused on making a positive impact in local communities, including:

  • Nearly $600,000 in support of national partnerships with Easter Seals, VSA and Boundless Playgrounds that are focused on making a positive impact in the lives of children with disabilities.
  • More than $550,000 to Pharmacy Schools for scholarship programs to support talented students.
  • $475,000 to provide college scholarships to children of CVS Caremark colleagues.
  • $150,000 in support of the CVS Caremark Volunteer Challenge Grant program which allows colleagues to apply for a grant on behalf of a non-profit organization they volunteer with.
  • $130,000 to help aid disaster relief efforts for Hurricane Sandy, Hurricane Isaac, Tropical Storm Debby and Mid-Atlantic floods.
  • $100,000 to the United Way of Rhode Island to support the BrightStars initiative which helps to give families in Rhode Island access quality child care, early learning and school-age programs.

The complete list of non-profit organizations awarded CVS Caremark Charitable Trust grants include:

Arizona

California

Connecticut

District of Columbia

Florida

Georgia

Illinois

Indiana

Iowa

Kansas

Louisiana


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Maine

Maryland

Massachusetts

Michigan

Minnesota

Missouri

New Hampshire

New Jersey

Nevada

New Mexico

New York

Ohio

Oklahoma

Pennsylvania

Rhode Island

South Carolina

Texas

Utah

Virginia

For more information on the CVS Caremark Charitable Trust, please visit http://info.cvscaremark.com/community/our-impact/charitable-trust.

About the CVS Caremark Charitable Trust

The CVS Caremark Charitable Trust, Inc. is a private foundation created by CVS Caremark Corporation (NYSE: CVS). CVS Caremark is the largest pharmacy health care provider in the nation. The Trust’s mission is to provide funding for health care, education and community involvement initiatives in CVS Caremark communities. General information about CVS Caremark is available through the Investor Relations portion of the Company’s Web site at http://investor.cvs.com or through the Web site’s press room at www.cvs.com/pressroom

CONTACT: Joanne Dwyer, 1-401-770-2898, jdwyer@cvs.com

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