CVS/pharmacy Commits $50,000 to UNCF

WOONSOCKET, R.I., Feb. 22, 2011 /PRNewswire/ -- CVS/pharmacy and UNCF (the United Negro College Fund) have announced that they are partnering to celebrate Black History Month.  As part of the partnership, CVS/pharmacy has committed $50,000 in support of UNCF initiatives, including the UNCF Campaign For Emergency Student Aid which helps thousands of recession-impacted college students at 39 historically black colleges and universities (HBCUs) as they complete their senior year and receive their college degrees.  The donation from CVS/pharmacy will help students who are short of funds to pay for tuition, books and dormitory rooms so that they can clear their bills at the bursar's office and graduate from college this Spring.

(Logo: http://photos.prnewswire.com/prnh/20100816/NE50800LOGO )

The CVS/Pharmacy-UNCF partnership also includes promotion through the month of February of UNCF and Black History Month at CVS/pharmacy's more than 7,100 stores nationwide through in-store radio announcements featuring UNCF's iconic motto, "A mind is a terrible thing to waste.®" The UNCF motto celebrates its 40^th anniversary this year.

"Black History Month is an important opportunity to recognize the contributions that African Americans have made over the course of our history as a country," said David Casey, Vice President of Workforce Strategies and Chief Diversity Officer, CVS Caremark. "We are proud to stand with UNCF and to support its important mission of making sure every child has the opportunity to get through college so they can become the next generation of leaders."

"We thank CVS/pharmacy for their commitment to education and for believing that 'A mind is a terrible thing to waste,'" said Michael L. Lomax, Ph.D., UNCF president and CEO. "These students have done everything in their power to graduate. Now, they have come to the last mile and need help crossing the finish line.  We encourage communities across America to step up as CVS/pharmacy has done and help these students get the education they need and our nation needs them to have. Many of these students will not be able to graduate this year if support is not secured."

For more information on the ways UNCF supports minority students through scholarships and other programs, or to make a donation, visit www.UNCF.org and click on the Campaign for Emergency Student Aid to help keep kids in college.

Since its founding, UNCF has helped 350,000 students earn degrees from its 39 member colleges and universities. Today, 55,000 students attend UNCF member institutions each year.  

About CVS/pharmacy

CVS/pharmacy, the retail division of CVS Caremark Corporation (NYSE: CVS), is America's leading retail pharmacy with more than 7,100 CVS/pharmacy and Longs Drug stores. CVS/pharmacy is committed to improving the lives of those we serve by making innovative and high-quality health and pharmacy services safe, affordable and easy to access, both in its stores and online at CVS.com. General information about CVS/pharmacy and CVS Caremark is available at info.cvscaremark.com.

About UNCF

UNCF - the United Negro College Fund - is the nation's largest and most effective minority education organization.  To serve youth, the community and the nation, UNCF supports students' education and development through scholarships and other programs, strengthens its 39 member colleges and universities, and advocates for the importance of minority education.  UNCF institutions and other historically black colleges and universities are highly effective, awarding 21 percent of African American baccalaureate degrees. UNCF administers more than 400 programs, including scholarship, internship and fellowship, mentoring, summer enrichment, and curriculum and faculty development programs. Today, UNCF supports more than 60,000 students at over 900 colleges and universities across the country. Its logo features the UNCF torch of leadership in education and its widely recognized motto, "A mind is a terrible thing to waste."® Learn more at www.UNCF.org

SOURCE CVS/pharmacy

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