Henry Schein Opens Henry Schein Cares Foundation 2024 Relief Fund and Commits Up to $500,000 in Cash and Essential Health Care Supplies to Support the Southeast U.S.

Rhea-AI Summary

Henry Schein, Inc. (Nasdaq: HSIC) has opened the Henry Schein Cares Foundation 2024 Relief Fund to support the Southeast U.S. in the wake of Hurricane Helene. The company is committing up to $500,000 in cash and essential health care supplies to aid relief efforts. This includes:

• $25,000 each from the Company and Henry Schein Cares Foundation
• Up to $50,000 in matching TSM contributions
• Up to $350,000 in donated health care supplies

The relief fund aims to provide critical supplies and resources to affected communities. Dental and medical professionals impacted by the hurricane can call 800-999-9729 for assistance. Donations to the relief fund can be made at www.henryschein.com/foundationdonate.

Positive

• Commitment of up to $500,000 in cash and supplies for hurricane relief
• Matching program for employee contributions up to $50,000
• Donation of essential health care supplies worth up to $350,000

Negative

• None.

MELVILLE, N.Y.--(BUSINESS WIRE)-- Henry Schein, Inc. (Nasdaq: HSIC) today announced the opening of the Henry Schein Cares Foundation 2024 Relief Fund to support the Southeast U.S. Contributions will help ensure critical supplies and resources can help people impacted by Hurricane Helene.

The Company and Henry Schein Cares Foundation will donate an initial $25,000 each to support relief efforts and the Company will match TSM contributions up to another $50,000, for a cash total of up to $150,000. The Company will also donate essential health care supplies up to an initial amount of $350,000 to our partner relief organizations operating on the ground, bringing Henry Schein’s total commitment to as much as $500,000.

“Team Schein is deeply saddened by the loss of life and devastation caused by Hurricane Helene throughout the Southeast U.S., and our thoughts are with all those who have been affected,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “In response to this emergency, we will again partner with trusted and long-standing relief and recovery charities to ensure the availability of the critical supplies and resources required to provide health care within affected communities. We offer our deepest sympathies to the people impacted by Hurricane Helene and remain committed to helping health happen in the wake of this tragedy.”

Anyone who wishes to contribute to the 2024 Relief Fund can donate by visiting www.henryschein.com/foundationdonate and selecting “2024 Relief Fund” for the gift designation.

For dental and medical professionals impacted by Hurricane Helene and in need of assistance, please call 800-999-9729, or click here to learn about the Company’s Customer Assistance Hotline.

About The Henry Schein Cares Foundation

Established in 2008, The Henry Schein Cares Foundation, Inc., fosters a rich culture of giving back to society and serving others. The Foundation advocates and supports efforts to advance health equity and empower health care professionals to promote a healthier tomorrow for all people around the world through advancing access to care, promoting a holistic model of health care, building capacity to empower health care professionals, and catalyzing innovative models for emergency preparedness & response.

The Foundation is a tax-exempt organization under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended. To learn more about the work of the Henry Schein Cares Foundation, visit www.henryschein.com/hscaresfoundation.

About Henry Schein, Inc.

Henry Schein, Inc. (Nasdaq: HSIC) is a solutions company for health care professionals powered by a network of people and technology. With more than 25,000 Team Schein Members worldwide, the Company's network of trusted advisors provides more than 1 million customers globally with more than 300 valued solutions that help improve operational success and clinical outcomes. Our Business, Clinical, Technology, and Supply Chain solutions help office-based dental and medical practitioners work more efficiently so they can provide quality care more effectively. These solutions also support dental laboratories, government and institutional health care clinics, as well as other alternate care sites.

Henry Schein operates through a centralized and automated distribution network, with a selection of more than 300,000 branded products and Henry Schein corporate brand products in our distribution centers.

A FORTUNE 500 Company and a member of the S&P 500® index, Henry Schein is headquartered in Melville, N.Y., and has operations or affiliates in 33 countries and territories. The Company's sales reached $12.3 billion in 2023 and have grown at a compound annual rate of approximately 11.5 percent since Henry Schein became a public company in 1995.

For more information, visit Henry Schein at www.henryschein.com, Facebook.com/HenrySchein, Instagram.com/HenrySchein, LinkedIn.com/Company/HenrySchein, and @HenrySchein on X.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241002311128/en/

Ann Marie Gothard

Vice President, Global Corporate Media Relations

annmarie.gothard@henryschein.com

(631) 390-8169

Source: Henry Schein, Inc.

FAQ

How much is Henry Schein (HSIC) committing to Hurricane Helene relief efforts?

Henry Schein is committing up to $500,000 in cash and essential health care supplies to support relief efforts in the Southeast U.S. following Hurricane Helene.

What is the Henry Schein Cares Foundation 2024 Relief Fund for?

The 2024 Relief Fund is established to support the Southeast U.S. in the aftermath of Hurricane Helene, ensuring critical supplies and resources are available to help impacted communities.

How can dental and medical professionals affected by Hurricane Helene get assistance from Henry Schein (HSIC)?

Dental and medical professionals impacted by Hurricane Helene can call Henry Schein's Customer Assistance Hotline at 800-999-9729 for assistance.

Where can I donate to Henry Schein's (HSIC) Hurricane Helene relief efforts?

Donations to the 2024 Relief Fund can be made at www.henryschein.com/foundationdonate by selecting '2024 Relief Fund' for the gift designation.