J. C. PENNEY contributes 7.5M to after school program

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J.C. Penney says its after-school fund contributed more than $7 million to several groups.

Additionally, the Plano-based retailer said it contributed more than $1.5 million in gift cards to support the after-school fund grants. Each child who received a grant, through the program also received a J.C. Penney gift card to help with school supplies and clothing.

The Penney after-school fund grants help children who are not in after-school care or on the verge of leaving an after-school program because of the cost. J.C. Penney (NYSE:JCP) funds grants through national after-school program providers the Boys & Girls Clubs of America, YMCA of the USA, National 4-H and United Way of America.

The after-school program providers identified the at-risk children and provided matching funds for full or partial financial assistance.

Web site: www.jcpenney.com