CVS 2000 Annual Report Download - page 17

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Community Involvement
Serving America’s Communities
Corporate philanthropy and community involvement
are integral parts of how we do business. By focusing
on health and education, CVS seeks to maximize the
impact of our charitable resources.
Our desire to improve the communities in which we
do business has extended into the workforce through
our support of the Welfare-to-Work program. We have
transitioned 10,000 welfare recipients to work, training
them as pharmacy technicians, photo technicians and
supervisors. Identified by President Clinton as a leader
in this area, CVS is one of a number of prominent
national companies that have embraced the Welfare-
to-Work concept, providing jobs that benefit our com-
munities. Our industry-leading retention rate, achieved
through training and public/private partnerships, helps
to increase employment and productivity while main-
taining the economic health of both the Company
and the nation.
Our longstanding charitable initiatives continue
to thrive.The Innovations Grants Program is in its ninth
year of providing funds for cutting-edge education
programs in the communities where we are located.
Through our Volunteer Challenge Grants Program,
CVS colleagues who volunteer for community organ-
izations obtain corporate donations from CVS that
benefit those organizations, and ultimately the com-
munities they serve.
Other national programs that help our communi-
ties include Reach Out and Read, a children’s literacy
program that provides children’s books to physicians’
offices; the CVS/Samaritan Vans, which patrol the
nation’s highways and offer free roadside assistance
to motorists; and major financial support for United
Way agencies and other local and national charities.
CVS is also a leading sponsor of the CVS Charity Golf
Classic, an annual tournament featuring PGA pros
that has contributed almost $900,000 to dozens of
charities in just two years.
These initiative contribute to the fulfillment of
our mission to help people live longer, healthier,
happier lives.
CVS is actively involved in the communities we serve.
Our philanthropic and community service efforts focus
on healthcare and education programs.
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2000 Annual Report