Enhanced Investments - Financial Portal

The Kroger Co. Foundation Awards $300,000 in Scholarships to Children of Kroger Associates

Published: 2023-08-23 18:30:00 ET

Program has granted more than $4.8 million in scholarship funds

CINCINNATI, Aug. 23, 2023 /PRNewswire/ -- The Kroger Co. (NYSE: KR) Foundation ("Foundation") today announced the Kroger Scholars for the 2023-2024 academic year, awarding $300,000 to 120 students. All scholars are the children of Kroger associates and receive $2,500 toward any accredited two- or four-year college, university or vocational program. Launched in 2008, the Kroger Scholars Program has awarded more than $4.8 million in scholarship funds.

"This opportunity means the world to me. For the past fifteen years, my dad has been a part of the Kroger Family, and I had the honor of joining it two years ago," said Olivia Giovanoni, a Kroger Scholar pursuing a degree in hospitality at Purdue University Fort Wayne. "I'm so grateful for this scholarship and being a part of the Kroger Family."

The 2023-2024 Kroger Scholars will be represented at more than 90 institutions across the nation. Students were selected based on a broad range of criteria, including volunteering, civic service, extra-curricular activities, academic performance and work experience.

"The contributions and dedication of our associates make us proud every day, and we take even greater joy in celebrating their personal accomplishments," said Patty Leesemann, Head of Philanthropy at Kroger. "It is our honor to be part of this special moment and help ease the financial burden for students and our associates. Congratulations to our 2023 Kroger Scholars."

A company-wide program presented by The Kroger Co. Foundation, Kroger Scholars is open to children (biological, adopted and stepchildren) of associates in the Kroger Family of Companies who have two years of service and have worked at least 1,000 hours per year. To learn more about The Kroger Co. Foundation, visit here.

Kroger also offers a tuition reimbursement program for its associates, contributing up to $21,000 for both part-time and full-time associates. Kroger encourages lifelong learning for all, enabling everything from GEDs to Ph.D. degrees. Learn more about pursuing a career at Kroger here.

About KrogerAt The Kroger Co. (NYSE: KR), we are dedicated to our Purpose: To Feed the Human Spirit™. We are, across our family of companies nearly half a million associates who serve over 11 million customers daily through a seamless digital shopping experience and retail food stores under a variety of banner names, serving America through food inspiration and uplift, and creating #ZeroHungerZeroWaste communities by 2025. To learn more about us, visit our newsroom and investor relations site.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-kroger-co-foundation-awards-300-000-in-scholarships-to-children-of-kroger-associates-301908379.html

SOURCE The Kroger Co.

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.