In the season of giving, Kimco tenants support their local communities
At Kimco, we value our role in many different communities and give back to those we are members of. We support veterans, host food drives, hold events for community organizations, and encourage our employees to volunteer, too.
And we’re in good company. Many of our tenants, large and small, do charitable giving throughout the year. For most retailers, their grants to charities are being spent directly in their local community, on supplies for food pantries, access to more opportunities for young people, and books for kids.
The season of giving is in full swing, but let’s look at some of the charity work and community give-back programs a handful of our tenants take part in throughout the year.
Big footprints, bigger charity programs
We begin with Walmart, the biggest of the big in retail. Like its stores, Walmart Foundation does a bit of everything and has bestowed grant money to organizations supporting veterans, small business owners, job training and career advancement for women, and U.S. manufacturing innovation. The foundation also provides funding for natural disaster relief.
The Home Depot, the home improvement titan, takes a different approach. Its volunteer effort, called The Home Depot Foundation and Team Depot, improves the homes and lives of U.S. military veterans — everything from repairing a broken fence to building new homes for veterans and their families. The 300,000-strong team also helps rebuild homes in communities affected by natural disasters and partners with many national organizations.
Marshalls supports the Juvenile Diabetes Research Foundation with an annual in-store fundraiser and other donations. T.J.Maxx holds similar fundraisers for Save the Children, Autism Speaks, and the Joslin Diabetes Center. Marshalls and T.J.Maxx’s parent company, The TJX Companies, runs a foundation that provides grants to local organizations to help families and children meet basic needs and gain access to opportunities to succeed.
The Best Buy Foundation has a mission close to its heart. The foundation makes grants to community partners so they can provide teens with places and opportunities to develop technological skills, including programming, digital imaging (photography, graphic design, and videography), music production, robotics, and gaming and mobile app development.
The charitable arm of Ross Dress for Less, the Ross Stores Foundation, partners with Boys & Girls Clubs of America and First Book to build academic achievement and life skills in youth in need. It also holds fundraisers for the American Heart Association and partners with the American Red Cross for disaster recovery and relief efforts.
Grocers give back
This is the time of the year when businesses and organizations run food drives in support of local pantries. No doubt, many grocery stores play a big part in these drives. But many are also taking on healthy eating initiatives and programs aimed at ending child hunger year-round.
Publix Super Markets, the grocer with stores throughout the South, supports organizations like Feeding America, Food for Sharing, and Food for All, which all distribute food to food banks and pantries throughout the country. Publix also supports the Children’s Miracle Network, March of Dimes, Special Olympics, Tools for Schools, and the United Way. And, the grocer believes youth soccer can play a vital role in children’s lives, which is why it partners with regional youth soccer programs.
Albertsons has many grocery brands, like Safeway, Acme, and Randalls, all with their own in-store food donation drives — Acme partners with the Philadelphia Eagles to serve the local community, for example — and grant money to local nonprofits and community foundations. The larger Albertsons Companies Foundation does the same type of grant funding, in addition to its work with Hunger Is, whose goal is to end childhood hunger in the United States.
ShopRite’s charity arm, ShopRite in Caring, has donated more than $40 million to support Feeding America’s food banks. The organization has provided funding to 2,000 charitable organizations in New York, New Jersey, Connecticut, Delaware, Pennsylvania, and Maryland.
And finally, Giant. The grocer is making a big difference in Maryland, Pennsylvania, and Delaware by granting money to local and regional food banks. Giant also works with local schools through its annual A+ School Rewards Program, has donated millions to pediatric cancer research through Triple Winner, and ensures humane working conditions and better wages for farm workers with the Fair Food Program.
The charity work doesn’t end there
So many of our tenants have charity programs. We haven’t even touched on Darden’s Harvest Program, Starbucks’ Corporate Philanthropy, CVS Health Foundation, or the thousands of small acts of charity that happen every day by tenants in our shopping centers. It’s awesome to see so much effort being used for good right in the communities we hold so close to our hearts.