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MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year

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Elon Musk on MacKenzie Scott giving away $26 billion of her fortune: 'Sadly,' it makes the world a worse place

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Philanthropy leader at Warren Buffett and Bill Gates’ Giving Pledge says children of billionaires are pushing them to give their wealth away faster
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Chipotle Is Giving Out Free Drinks to Students

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Michal Addady
Michal Addady
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Michal Addady
Michal Addady
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August 29, 2016, 3:09 PM ET
Chipotle Mexican Grill Inc. To Go Orders Ahead Of Earnings Figures
Chipotle Mexican Grill Inc. take-out food is arranged for a photograph in Tiskilwa, Illinois, U.S., on Friday, April 22, 2016. Chipotle Mexican Grill Inc. is expected to release earnings figures on April 26. Photographer: Daniel Acker/Bloomberg via Getty ImagesPhoto by Daniel Acker—Bloomberg via Getty Images
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Chipotle is trying to lure back customers with free drinks.

For the entire month of September all students—whether they’re in high school (or home schooled), college, or graduate school—can get a free drink with any in-store purchase by showing a valid ID. According to a company press release, the promotion doesn’t apply to bottled drinks, just fountain soft drinks and iced tea.

“It can be tough when the end of the summer collides with the reality of heading back to school,” Chipotle’s director of communications, Chris Arnold, said in the press release. “We’re filling—and refilling—students‘ cups at all Chipotle locations to celebrate the beginning of the new academic year.” That statement isn’t exactly accurate considering the promotion doesn’t cover refills. The press release specifically states that “free drinks are limited to one per person.”

This is just the latest in a series of attempts by the fast casual chain to win customers back. Following an extensive string of food safety incidents, Chipotle’s sales dropped by about 50% in just one year.

In addition to free burritos and a new customer rewards program, Chipotle also began offering cheap alcoholic drinks earlier this month. About 300 locations across eight states serve beer and, at fewer outposts, margaritas. Depending on which location you’re imbibing at, you may encounter either a half price deal or a two-for-one special.

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