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2010 CVS Caremark Charity Classic boosts nonprofits

BY Antoinette Alexander

WOONSOCKET, R.I. — The work of 62 nonprofit organizations in Rhode Island and Massachusetts received a boost with support from funds generated by the 2010 CVS Caremark Charity Classic.

CVS Caremark’s chairman and CEO, Tom Ryan, along with PGA Tour Professionals and CVS Caremark Charity Classic co-hosts Billy Andrade and Brad Faxon, presented more than $1.3 million to area charities at the company’s customer support center headquarters.

Over the course of the tournament’s 12-year history, more than $14 million has been raised to support the work being done by charities in Southeastern New England.

The CVS Caremark Charity Classic incorporated several new elements into this year’s tournament, including a refreshed website and a new Twitter feed and Facebook page for fans.

A total of 62 nonprofit organizations are receiving funds raised through the CVS Caremark Charity Classic this year. Among the beneficiaries who attended the check presentation gathering were representatives from the following 20 working charities whose hundreds of volunteers were instrumental to making the tournament a success:

  • American Heart Association

  • American Red Cross of Rhode Island

  • Autism Project of Rhode Island

  • Boys and Girls Clubs of Providence

  • Bradley Children’s Hospital

  • Brain Injury Association

  • Button Hole

  • City Year Rhode Island

  • March of Dimes Rhode Island Chapter

  • Meeting Street School

  • Rhode Island Family Shelter

  • San Miguel School

  • Save The Bay

  • Serve Rhode Island

  • Sojourner House

  • Special Olympics of Rhode Island

  • Spurwink School Rhode Island

  • Teaberry Knoll Academy of Therapeutic Riding (Seekonk, Mass.)

  • The Learning Center for the Deaf (Framingham, Mass.)

  • Tides Family Services

Click here to see a local news segment about the awards.

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CVS Caremark Charitable Trust awards $3.3 million in grants

BY Antoinette Alexander

WOONSOCKET, R.I. — The CVS Caremark Charitable Trust announced on Tuesday that $3.3 million in grants has been awarded to 72 nonprofit organizations across the country.

About half of these grants align with CVS Caremark All Kids Can, a program focused on making life easier for children with disabilities and for their families. The other half of the grants will provide support for medical services for the underinsured and uninsured.

While the grants fund a wide range of programs, the CVS Caremark Charitable Trust found that approximately 65% of the 2010 grant recipients will use the support to address four key areas, comprising autism and early intervention services; informational and technology tools; life and workforce skills; and access to healthcare and medical services.

"The CVS Caremark Charitable Trust is pleased to recognize organizations that are truly making an impact in their communities by offering support for children with disabilities and providing access to health care for the uninsured. This year, we are seeing a high demand for support in specific areas, including assistive technology and life skills training programs," stated Eileen Howard Dunn, VP of CVS Caremark Charitable Trust. "In today’s challenging economic climate, the CVS Caremark Charitable Trust is proud to support these organizations in addressing key initiatives that truly make a difference in the lives of children and families in the communities we serve."

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Report: Shaw’s may be pulled from sale block

BY Michael Johnsen

MINNEAPOLIS — Supervalu is having difficulty divesting its New-England-based Shaw’s chain for more than $1 billion, the Wall Street Journal reported Tuesday, and the Minnesota grocery conglomerate may be ready to take down its "for sale" sign.

According to the report, Shaw’s has been on the block for several months with no takers. Many bids from private-equity firms actually came in below the asking price.

The 174-store Shaw’s chain was part of the $11.4 billion Albertsons buyout package in 2006. Supervalu sold off 16 Connecticut-based Shaw’s locations in February to Wakefern.

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