Rite Aid Healthy Futures is a public charity and 501(c)(3) nonprofit organization established in 2001 and headquartered in Etters, Pennsylvania. The foundation raises funds to support charitable activities in communities served by Rite Aid Corporation, with a particular emphasis on health and wellness initiatives for children and youth.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$16.2M
-27.4% YoY
Annual Giving
$10.7M
+11.3% YoY
Grant Count
382
-11.4% YoY
Avg Grant Size
$28K
+25.6% YoY
Mission & Focus Areas
The foundation's mission is to raise funds to support charitable activities in the various communities that Rite Aid serves, with a sharpened focus on addressing racial inequities and health disparities for kids while driving meaningful progress and sustainable change on these key issues.
The foundation supports programs that focus on health and wellness in Rite Aid's operating communities and are dedicated to helping people lead healthier and happier lives. The organization emphasizes equitable access to healthy food, quality education, health care, and stable housing, and seeks systemic change that will uplift communities that have historically been left behind.
Grantmaking
The foundation does not accept unsolicited applications and operates on an invite-only basis.
Grant Range
of $10,000
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Geographic Focus
Where this funder awards grants
The foundation funds in communities served by Rite Aid Corporation across multiple states. Recent grant distributions have reached nonprofits across 17 states.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
2023 Financial Summary:
- Total Assets: $22.4 million
- Total Revenue: $10.7 million
- Total Expenses: $12.2 million
- Total Liabilities: $1.32 million
- Annual Giving: $9.6 million
- Giving Rate: 43.1% of assets
2022 Financial Summary:
- Total Assets: $25.2 million
- Total Giving: $13.4 million
Organization Type: Public Foundation (NTEE code T30)
Tax Status: Tax-exempt since October 2001; EIN 25-1892843
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $16,238,775 | $22,357,023 | $25,153,869 |
| Revenue | $5,746,918 | $10,719,169 | $14,142,848 |
| Expenses | $11,756,886 | $12,167,458 | $14,524,401 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $347,217 | $429,191 | $398,950 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Teri Schanck is identified as a Board Member.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOY ERRICO | PRESIDENT (AS OF FALL 2024) | 1 | — |
| BYRON PURCELL | TREASURER | 1 | — |
| EMILY EDMUNDS | SECRETARY | 1 | — |
| CHRIS DUPAUL | BOARD MEMBER | 1 | — |
| SUMMER WILLIAMS KERLEY | BOARD MEMBER | 1 | — |
| WILLIAM MILLER | BOARD MEMBER | 1 | — |
| ERIC NARDULLI | BOARD MEMBER | 1 | — |
| RAGESHREE PATEL | BOARD MEMBER | 1 | — |
| TERI SCHANCK | BOARD MEMBER | 1 | — |
| JEFF SCHARES | BOARD MEMBER | 1 | — |
| SUSAN THOMAS | BOARD MEMBER | 1 | — |
| MATTHEW DECAMARA | EXECUTIVE DIRECTOR | 40 | — |
| JESSICA KAZMAIER | PRESIDENT (LEFT FALL 2024) | 1 | — |
| KYLE SMITH | SENIOR MANAGER | 40 | — |
Recent News & Activity
Recent developments and announcements
**December 2024:** Rite Aid Healthy Futures provided nearly $12 million to nonprofit organizations to drive progress against acute challenges facing children and youth
Rite Aid Healthy Futures Awards Children's Hospital of ...**November 2024:** Awarded $4 million in neighborhood grants on Giving Tuesday
Rite Aid Healthy Futures awards $4M in neighborhood grants on Giving Tuesday**November 2023:** Announced $3.7 million in Neighborhood Grants to more than 370 local nonprofits across 17 states on Giving Tuesday
Rite Aid Healthy Futures awards $4M in neighborhood grants on Giving Tuesday**2023:** Awarded $300,000 grants to Children's Hospital Los Angeles, The Children's Hospital of Philadelphia Foundation, and Northwell Health Foundation for local kids programs
Rite Aid Healthy Futures Awards Children's Hospital of ...Contact Information
- Website: riteaidhealthyfutures.org
- Phone: 717-972-3940
- Address: 200 Newberry Commons, Etters, PA 17319-9363
- Email: healthyfutures@riteaid.com
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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