Kohl’s Gifts $5 Million to 200 Nonprofits Nationwide on GivingTuesday Through National Giveback Initiative

Rhea-AI Summary

Kohl’s (KSS) announces $5 million in grants to 200 nonprofits nationwide on GivingTuesday to support family health and wellness. Each nonprofit will receive a $25,000 grant, funded by Kohl's Cares® Goods for Good. The company has donated over $29 million to nonprofits since 2018. Kohl’s focuses on helping nonprofits improve family health and wellness, including national and hometown partnerships.

MENOMONEE FALLS, Wis.--(BUSINESS WIRE)-- This GivingTuesday, Kohl’s (NYSE: KSS) is announcing $5 million in grants to 200 nonprofits nationwide in support of improving family health and wellness. Each nonprofit was encouraged to apply by a Kohl’s associate.

“From regional food banks and youth education programming to nonprofits supporting mental health and family wellness, Kohl’s is proud to donate $5 million in grants to 200 organizations across the country this GivingTuesday,” said Christie Raymond, Kohl’s chief marketing officer. “Giving back in the communities where we live and work is a core part of who we are at Kohl’s and we’re grateful for the organizations that are taking action to improve family health and wellness nationwide.”

Funding is made possible through Kohl’s Cares® Goods for Good, which sells children’s books and toys and donates 100 percent of the net profit to health and wellness organizations nationwide. In total, Kohl’s has donated more than $29 million to nonprofits through this giving program since 2018.

Every nonprofit will receive a $25,000 grant. To view the full list of nonprofits receiving grants by state, please click here. In addition to a number of local chapters from our national partners at Boys & Girls Clubs of America and the National Alliance on Mental Illness, a few of the other organizations receiving funding include:

• Luv Michael, New York: Luv Michael is dedicated to training, educating and employing autistic adults and improving the lives of the autistic community. This grant will help support their partnership with Surfers Healing, which is an initiative dedicated to enriching the lives of individuals with autism through the therapeutic benefits of surfing.
• Los Angeles Regional Food Bank, California: The Los Angeles Regional Food Bank's critical hunger-relief programs serve food-insecure individuals and families in Los Angeles County. With this grant, the LA Regional Food Bank will support underserved communities through direct programs and its network of more than 600 partner agencies.
• Kidz K'nect Resource Center, Texas: Kidz K’nect provides resources that build, empower and support kids, families and communities to overcome educational, economic, social, financial, and physical challenges. Through this grant, Kidz K’nect will expand on their math and reading, music and muscles, and gardening programs.
• GiGi’s Playhouse Rockford, Illinois: GiGi’s Playhouse Rockford is dedicated to inspiring and empowering individuals with Down syndrome to succeed in life. With a lifelong commitment of 100% free support and services tailored to address the universal challenges of individuals with Down syndrome, they offer educational, therapeutic-based and career development programs that encourage participants to make purposeful progressions and allow them to become their “Best of All.” This grant will help fund the nearly 20 year-round programs that operate at the Rockford Playhouse.

Nationwide, Kohl’s support focuses on helping nonprofits with a focus on improving family health and wellness, including the company’s three national partnerships with Boys & Girls Clubs of America, the National Alliance on Mental Illness and Alliance for a Healthier Generation. Kohl’s also provides grants in the company’s home state of Wisconsin through its hometown partnerships and its Hometown Giving Program. Additionally, Kohl’s supports causes that associates are passionate about through the Kohl's Volunteer Program, which provides grants to those nonprofits for every approved volunteer hour. To learn more, visit Corporate.Kohls.com.

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Words such as “believes,” “anticipates,” “plans,” “may,” “intends,” “will,” “should,” “expects" and similar expressions are intended to identify forward-looking statements. Forward-looking statements are based on management’s then current views and assumptions and, as a result, are subject to certain risks and uncertainties, which could cause the Company’s actual results to differ materially from those projected. These risks and uncertainties include, but are not limited to, risks described more fully in Item 1A in the Company’s Annual Report on Form 10-K, which are expressly incorporated herein by reference, and other factors as may periodically be described in the Company’s filings with the SEC. Forward-looking statements relate to the date initially made, and Kohl’s undertakes no obligation to update them.

About Kohl’s

Kohl’s (NYSE: KSS) is a leading omnichannel retailer built on a foundation that combines great brands, incredible value and convenience for our customers. Kohl's serves millions of families in our more than 1,100 stores in 49 states, online at Kohls.com, and through our Kohl's App. For a list of store locations or to shop online, visit Kohls.com. For more information about Kohl’s impact in the community or how to join our winning team, visit Corporate.Kohls.com.

View source version on businesswire.com: https://www.businesswire.com/news/home/20231128712111/en/

Jackie Judkins, jacquelyn.judkins@kohls.com

Source: Kohl's

FAQ

What is Kohl’s (KSS) announcing on GivingTuesday?

Kohl’s (KSS) is announcing $5 million in grants to 200 nonprofits nationwide to support family health and wellness.

How much will each nonprofit receive from Kohl’s (KSS)?

Each nonprofit will receive a $25,000 grant from Kohl’s (KSS).

How much has Kohl’s (KSS) donated to nonprofits since 2018?

Kohl’s (KSS) has donated over $29 million to nonprofits since 2018.

What is the focus of Kohl’s (KSS) support for nonprofits?

Kohl’s (KSS) focuses on helping nonprofits improve family health and wellness, including national and hometown partnerships.