CVS/pharmacy Charitable Trust Awards $35,000 Dollars to Two Non-Profit Organizations in Washington, D.C.

The CVS/pharmacy Charitable Trust, the private foundation managed by CVS Corporation , announced today that it has awarded $35,000 in grants to two non-profit organizations in Washington DC.

"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.

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

Mentors, Inc.

Description of grant: The Trust will provide funding to support the recruitment and induction of 75 high school freshman proteges from D.C.'s poorest neighborhoods into their mentoring program. The funding will also support early outreach to rising 8th graders in Spring 2004 for the following academic school year. Mentors, Inc. pairs youth with adult mentors early in their high school careers as a method of support and encouragement for at risk students. The program also helps students develop positive goals and plans for the future.

  Link to website: http://www.mentorsinc.org/
  Contact name at organization: Mona Sanders (202) 783-2310

  Capital Area Food Bank

Description of grant: Trust will help support Kid's Cafe which is a national after school & summer meal program originated by America's Second Harvest. Capital Area Food Bank provides well-balanced hearty snacks and dinners to children ages 5-18, at risk of hunger in D.C., Northern VA, & Prince George's & Montgomery Counties.

  Link to website: http://www.capitalareafoodbank.org/
  Contact name at organization: Elizabeth Hodge (202) 526-5344

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