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CVS/pharmacy Charitable Trust Awards $30,000 Dollars to Two Non-Profit Organizations in Arizona

-- Local donations are part of 1.7 million dollars in grant funds provided by CVS/pharmacy's charitable foundation to 76 organizations across the country --

PRNewswire
WOONSOCKET, R.I.
Mar 14, 2005

The CVS/pharmacy Charitable Trust, the private foundation managed by CVS Corporation , announced today that it has awarded $30,000 in grants to two non-profit organizations in Arizona.

"We are pleased to support these very worthy charities that are working hard in our communities to improve people's lives," said Eileen Howard Dunn, Vice President of the CVS/pharmacy Charitable Trust. "A CVS/pharmacy Charitable Trust grant is an effective way for us to give back to the communities where we do business," stated Howard Dunn.

Grants were awarded to organizations dedicated to healthcare, education and community engagement. "The foundation focuses on those projects that clearly demonstrate they are meeting a need within the community, and where collaborative efforts and measurement tools are in place to track success. We are confident that each of the non-profits we chose to work with in the coming year will create positive change and influence in the communities we serve together," said Howard Dunn.

In many cases, CVS/pharmacy associates become involved with grantees by providing volunteer assistance, participating in other fund-raisers and assisting in outreach and education services.

Arizona based organizations that received a grant from the CVS/pharmacy Charitable Trust are:

Chandler Regional Hospital Foundation

Description of grant: Program will provide prenatal, postpartum & family health services including intensive case mgmt, subsidized prenatal & primary health care, access to a nutrition program, referrals for emergency needs, a wellness educational program, mentoring program for teen parents and a car seat safety program. All these above programs are geared to the uninsured patients in the East Valley area.

  Link to there website: http://www.chandlerhospital.com/index.asp?catID=au
  Contact name at organization: Richard Frazier (480) 917-1685

  Desert Mission d/b/a John C. Lincoln Children's Health Services

Description of grant: Program provides quality, affordable primary healthcare to low-income & uninsured children in the community. The Trust will support 2 specific groups of children uninsured and underinsured. The Trust will "match" service fees/co-pays. The Trust will help cover costs of provider time, supplies & medications.

  Link to there website: http://www.jcl.com/
  Contact name at organization: Eric Santiago (602) 870-6060 x1934

The CVS/pharmacy Charitable Trust will be accepting applications for 2005 grants from May 1 to June 15, 2005.

For additional information, go to http://www.cvs.com/corpInfo/community/charitable_mission.html.

The CVS Charitable Trust, Inc. is a private foundation managed by CVS Corporation, which operates more than 5,000 CVS/pharmacy stores in 36 states. The Trust's mission is to provide funding for health care, education and community involvement initiatives in communities where CVS stores are located. General information about CVS is available through the Investor Relations portion of the Company's website at http://investor.cvs.com/, or through the website's press room at http://www.cvs.com/pressroom.

   CONTACT:
   Mike DeAngelis
   CVS Corporation
   401-770-2645

SOURCE: CVS/pharmacy Charitable Trust

CONTACT: Mike DeAngelis of CVS Corporation, +1-401-770-2645