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  • Professor Andrea M. Armani, University of Southern California
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Kohl’s Announces More Than $1 Million in Donations this GivingTuesday

By: via Business Wire

Gifts made through Kohl’s Cares National Giveback Initiative will support more than 40 nonprofits across the country

In recognition of GivingTuesday, Kohl’s (NYSE: KSS) announced more than $1 million in total grants to more than 40 nonprofits nationwide through the Kohl’s Cares® National Giveback Initiative in support of improving family health and wellness. Each nonprofit will receive a $25,000 grant.

“We’re proud to further our commitment to improving family health and wellness around the country this holiday,” said Christie Raymond, Kohl’s chief marketing officer. “Giving back to our communities year-round is an important part of who we are at Kohl’s, and this initiative is just one of many ways we bring that to life.”

Funding for the National Giveback Initiative is made possible through Kohl’s Cares Goods for Good™, which sells children’s books and toys and donates 100% of the net profit to nonprofits nationwide. In total, Kohl’s has donated more than $30 million to nonprofits through this giving program since 2018.

This December, Kohl’s will give even more to nonprofits nationwide through the Kohl's Cares® Matching Gifts program, which supports causes that are important to associates. Earlier this holiday season, Kohl’s announced more than $500,000 in total donations to more than 25 nonprofits in Milwaukee and Waukesha counties through the Kohl’s Cares® Hometown Giving program. Kohl’s is also donating more than $400,000 total through the Kohl’s Cares® Shopping Grant program to over 200 nonprofits across the country to purchase needed items for their organizations and the individuals they serve.

Giving Back Year-Round

Throughout the year, Kohl’s supports nonprofits in its hometown and across the country through a variety of programs and initiatives including volunteerism, local and national nonprofit partnerships, and giving programs. To learn more about how Kohl's gave back to communities this year, watch this video.

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 is uniquely positioned to deliver against its long-term strategy and its purpose to take care of families’ realest moments. Kohl's serves millions of families in its more than 1,100 stores in 49 states, online at Kohls.com, and through the Kohl's App. With a large national footprint, Kohl’s is committed to making a positive impact in the communities it serves. 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.

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