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Dollar General Extends American Red Cross Partnership Through $300,000 and In-Kind Donations
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
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Tags
partnership
Rhea-AI Summary
Dollar General (NYSE: DG) extends its partnership with the American Red Cross with a $250,000 donation to aid recovery efforts in Kentucky after recent floods, alongside an additional $50,000 in product donations. The company also supports over 18,000 stores nationwide in collecting funds for disaster relief. Since 2010, Dollar General has contributed over $6.4 million for disaster recovery efforts across various natural disasters. These actions reinforce its commitment to Serving Others and supporting local communities in need.
Positive
Extended partnership with American Red Cross with $250,000 donation.
Additional $50,000 in product donations for Kentucky flood recovery.
In-store collections in over 18,000 DG stores to support disaster relief.
Total contributions exceeding $6.4 million since 2010 for disaster recovery.
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None.
Company Supports Eastern Kentucky Flood Recovery Efforts
GOODLETTSVILLE, Tenn.--(BUSINESS WIRE)--
Dollar General (NYSE: DG) today announced the extension of its $250,000 partnership with the American Red Cross as a member of the Annual Disaster Giving Program. DG also announced an additional $50,000 plus in-kind product donations in response to the devastating effects of the eastern Kentucky floods, and that more than 18,000 DG stores across the country are now accepting in-store collections to benefit the American Red Cross’s response efforts.
“Today’s extension of our annual American Red Cross partnership furthers our commitment to Serving Othersby supporting communities across the country when they need it most,” said Todd Vasos, Dollar General’s CEO. “Additionally, we wanted to support the ongoing critical recovery efforts in Kentucky through product donations to those in need, as well as financial assistance to the American Red Cross, specially earmarked to our Kentucky neighbors and the recovery of those communities.”
Since 2010, Dollar General has supported the American Red Cross with more than $6.4 million in corporate donations and in-store collections to aid relief and recovery efforts following hurricanes, tornados, floods, wildfires and other natural disasters.
Serving Others Through Relief and Recovery Efforts
Dollar General is committed to the communities it calls home. Beyond its continued contribution to the American Red Cross Annual Disaster Giving Program, the Company has also developed several other programs to support affected communities in additional ways.
The Dollar General Employee Assistance Foundation (DGEAF) provides financial assistance to members of the DG family who have faced specified hardships, including, among other things, the loss of a home. Since its founding in 2005, the Dollar General Employee Assistance Foundation has awarded more $15.2 million to more than 9,300 employees.
The Dollar General Literacy Foundation established the Beyond Words grant program in 2006 to provide funding to school libraries impacted by disasters, helping schools rebuild, re-establish and expand library media programs. As of July 2022, the program has awarded more than $2.8 million to more than 220 schools in 31 states, positively impacting more than 118,000 students. Additionally, the Company’s national sponsorship of the Kids in Need Foundation’s Second Responder Program provides backpacks, school materials and teacher supplies to schools, students and teachers impacted by disasters.
About Dollar General Corporation
Dollar General Corporation has been delivering value to shoppers for more than 80 years. Dollar General helps shoppers Save time. Save money. Every day.® by offering products that are frequently used and replenished, such as food, snacks, health and beauty aids, cleaning supplies, basic apparel, housewares and seasonal items at everyday low prices in convenient neighborhood locations. Dollar General operated 18,356 stores in 47 states as of April 29, 2022. In addition to high-quality private brands, Dollar General sells products from America's most-trusted manufacturers such as Clorox, Energizer, Procter & Gamble, Hanes, Coca-Cola, Mars, Unilever, Nestle, Kimberly-Clark, Kellogg's, General Mills, and PepsiCo. Learn more about Dollar General at www.dollargeneral.com.
What is Dollar General's recent contribution to the American Red Cross?
Dollar General announced a $250,000 donation and an additional $50,000 in product donations to the American Red Cross for disaster relief efforts.
How is Dollar General supporting flood recovery in Kentucky?
Dollar General is supporting flood recovery in Kentucky through financial contributions and in-kind donations, along with in-store fundraising efforts.
What is the total amount Dollar General has donated to disaster recovery since 2010?
Since 2010, Dollar General has donated over $6.4 million to disaster recovery efforts.
How many Dollar General stores are involved in fundraising for disaster relief?
Over 18,000 Dollar General stores are participating in fundraising for disaster relief efforts.