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CVS Health Foundation awards $1 Million in Hometown Fund grants to boost local impact in Hartford

1. CVS Health Foundation grants $1 million to local nonprofits in Hartford. 2. Grants aim to improve healthcare access and community health outcomes. 3. CVS has invested $8 million since 2022 in Greater Hartford organizations. 4. Free health screenings provided nationally through Project Health initiative. 5. CVS committed to tackling social determinants of health in local communities.

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FAQ

Why Bullish?

CVS's community investments may enhance brand loyalty and market position, as seen with successful charitable endeavors boosting other companies' stock performance in similar sectors.

How important is it?

The initiatives strengthen CVS's community ties, which could improve operational efficacy and long-term profitability.

Why Long Term?

Continued community support can lead to sustained brand perception improvement and customer trust, positively impacting future revenues.

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Grants will support local nonprofits improving health outcomes across the Greater Hartford area , /PRNewswire/ -- CVS Health® (NYSE: CVS) Foundation announced today that it is awarding $1 million in general operating grants through its Hometown Fund to 20 organizations surrounding the Hartford area. These organizations are committed to making health care more accessible and focusing on services that contribute to a healthier community, such as nutritious food, supportive housing and educational resources. "We created the Hometown Fund to support organizations dedicated to improving health outcomes in the communities around our corporate offices in Hartford and Woonsocket," said Sheryl Burke, President of the CVS Health Foundation. "By supporting local nonprofits, we hope to positively impact and strengthen the communities where we live and work." Malta House of Care, Inc., in the Hartford area, is one of the beneficiaries of this year's Hometown Fund. The grant will enable the organization to offer free behavioral health care, community support and education to those in need. "Malta House of Care is grateful for this outstanding support from the CVS Health Foundation," said Dianne Auger, CEO of Malta House of Care. "Too many Hartford residents must choose between healthcare and basic needs, and many uninsured adults delay medical care because they struggle to afford food, housing, childcare. This funding will support Malta's mission of providing free primary care services to uninsured adults in Greater Hartford and improving their health outcomes. Ensuring that access to healthcare is available for those who need it creates healthy, strong communities. We are proud to be a partner in this effort with the CVS Health Foundation." Since 2022, the CVS Health Foundation has invested $8 million in grants to numerous Greater Hartford and Rhode Island organizations. Alongside Malta House of Care, Inc., additional recipients of the Hometown Fund include Camp Courant, Chrysalis Center, Compass Youth Collaborative, the Connecticut Puerto Rican Forum (operating as Center for Latino Progress), Enfield Loaves & Fishes, Forge City Works, Friendship Service Center, Hands On Hartford, Hartford Gay and Lesbian Health (dba The Health Collective), ImmaCare, Journey Home, Keney Park Sustainability Project, KNOX, Mercy Housing and Shelter Corporation, North Hartford Partnership, Prudence Crandall Center, South Park Inn, St Vincent DePaul Place Middletown, and the YWCA Hartford Region. With Aetna calling Hartford home for 172 years, CVS Health is announcing this year's Hometown Fund grantees as part of its continued commitment to community support in Connecticut. Earlier this year, the CVS Health Foundation invested $2 million to create a Hartford Health Zone and support the Hispanic Health Council's Family Wellness Center and its agency partners, all located in Hartford, Connecticut. This funding aims to improve access to health care and social services for the Greater Hartford community. CVS Health also offers free health screenings to individuals nationwide through its Project Health initiative. Last year, CVS Health hosted 23 Project Health events in Hartford and screened more than 450 participants, which resulted in over 1,500 screenings. Additionally, the company has invested $16 million in affordable housing, emphasizing that a stable living environment is vital for health. CVS Health is also committed to supporting Hartford Promise and The Hartford Foundation for Public Giving's Greater Futures Scholarship, helping Hartford students' graduate debt-free. About The CVS Health FoundationThe CVS Health Foundation has a proud history of supporting local communities across various regions throughout the United States. The Foundation is dedicated to uniting communities to address health challenges in collaboration with a wide range of nonprofit grantees. The Foundation collaborates on programs that enhance health outcomes, with focus areas including mental well-being, healthy aging, maternal health, health impacts from extreme weather and chronic conditions like cardiovascular disease and diabetes. It also helps lay the groundwork for a healthier future by assisting organizations that address food security and promote educational opportunities. Additionally, the CVS Health Foundation supports CVS Health colleagues by backing the causes that are most meaningful to them through its Matching Gifts, Volunteer Challenge Grants and Children of Colleague Scholarship programs. Media ContactsCourtney Tavener401-712-3698[email protected]  SOURCE CVS Health WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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