CVS Caremark Charitable Trust to Award $25,000 to Nonprofits Nationwide on #GivingTuesday to Celebrate the Spirit of Volunteerism

WOONSOCKET, R.I., Nov. 21, 2013 /PRNewswire/ -- The CVS Caremark Charitable Trust, a private foundation created by CVS Caremark Corporation (NYSE: CVS), today announced that it will provide $25,000 in grants in honor of #GivingTuesday, a national movement when charities, individuals, schools, businesses and other community organizations will come together on Tuesday, December 3 to create a national day of giving back. As part of CVS Caremark's #GivingTuesday initiative, CVS Caremark colleagues who volunteer their time are invited to nominate a local organization in their community to receive a grant from the CVS Caremark Charitable Trust.  The CVS Caremark Charitable Trust will randomly select 25 organizations from colleagues' submissions and announce the grantees on #GivingTuesday. 

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"CVS Caremark colleagues bring our values of caring and collaboration to life all year long by volunteering with organizations that are helping the people we serve, every day," said Eileen Howard Boone, President, CVS Caremark Charitable Trust. "We're excited to participate in #GivingTuesday to honor our colleagues and their commitment to their local communities and are proud to join a national movement that promotes the spirit of volunteerism and giving back."

#GivingTuesday is a national campaign created in 2012 to spark a day of giving at the start of the annual holiday season, following Thanksgiving, Black Friday and Cyber Monday. It celebrates charities, individuals, schools, businesses and other community organizations who come together to support charitable causes, and encourages everyone to participate in a national day dedicated to giving back. #GivingTuesday aligns with the CVS Caremark Charitable Trust and its mission to make a positive impact in the lives of people by investing in local communities. 

"This year we are seeing so many dynamic campaigns – like this one from CVS Caremark – coming together to form one community. There is so much energy and entrepreneurialism throughout the #GivingTuesday movement," said Henry Timms, #GivingTuesday founder and interim executive director of 92nd Street Y. "It has been humbling to see an idea that took root in one of 92Y's core values – repairing the world – resonate with people, organizations, and business entities around the world who have taken it upon themselves not only to inspire giving, but to support the volunteers and local heroes in their own communities."

CVS Caremark will announce its #GivingTuesday grantees on December 3 through social media. For more information about #GivingTuesday, please visit http://community.givingtuesday.org

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, disaster relief 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 www.cvscaremark.com/newsroom.

SOURCE CVS Caremark Charitable Trust