Nearly $14.5
million in incremental Foundation funding will advance
veteran causes through nonprofit partners
ATLANTA, Nov. 11,
2022 /PRNewswire/ -- In honor of Veterans Day, The
Home Depot Foundation will surprise 1,000 U.S. veterans across the
country with rental and mortgage payment assistance for the month
of December. Many of these veterans previously faced homelessness
before securing permanent supportive housing in facilities operated
by longstanding Foundation partners, including U.S.VETS, Volunteers
of America and Quest Communities.
"This housing payment assistance is just one of the ways The
Home Depot Foundation and the company are committed to supporting
and thanking those who served our nation," said Ted Decker, chair, president and CEO of The Home
Depot. "With more than 35,000 veteran, active military and military
spouse associates, we're deeply invested in serving the military
community through the Foundation's mission to provide safe and
affordable housing and skilled trades training opportunities to
veterans, as well as through the company's programs and benefits
that support veteran associates and customers."
New Grant Funding Further Extends the Mission of The Home
Depot Foundation
As part of its commitment to invest half a billion dollars in
veteran causes by 2025, The Home Depot Foundation has also granted
nearly $14.5 million in new funding
to several of its nonprofit partners, which will primarily support
veteran housing initiatives across the U.S. The incremental
$14.5 million will further the joint
mission of the Foundation and its partners to serve veterans in
meaningful ways, including:
- More than $2.2 million in funding
for Operation Homefront will provide more than 200 veterans with
improved housing through home repairs, transitional housing and
critical financial assistance.
- A $2.5 million grant to
Semper Fi & America's Fund will
support more than 260 home repairs, modifications and adaptations
for veterans with service-connected disabilities.
- $2.5 million to Habitat for
Humanity International will empower nationwide affiliates to
complete 130 critical home repairs for veterans through the Repair
Corps program.
- Another $1.6 million grant will
fund an integrated, new program that joins the missions of Home
Builders Institute (HBI) and Habitat for Humanity. The grant brings
HBI and the Foundation's Path to Pro program, which, among other
initiatives, provides free skilled trades training and
certification to separating service members on or near 10 military
bases, together with local Habitat affiliates around the bases.
Path to Pro students will build new homes alongside future Habitat
homeowners, receiving on-the-job training and making industry
connections while helping to create more affordable housing in the
military communities surrounding the 10 bases.
"Since 2011, The Home Depot Foundation has been instrumental in
our efforts to serve those who have bravely served our country,"
said Julie Laird Davis, vice
president of corporate and cause marketing partnerships at Habitat
for Humanity International. "Their generosity will enable us to
identify and help even more veterans whose homes are in critical
need of repair, as well as provide opportunities
for servicemembers transitioning from the military to
utilize their skills and build affordable housing in their
communities."
Team Depot to Complete Hundreds of Service Projects
The Home Depot Foundation and Team Depot, The Home Depot's
associate volunteer force, also plans to complete hundreds of
service projects in honor of Veterans Day across the country as
part of the Foundation's annual Operation Surprise campaign. In
partnership with national partners like Semper Fi & America's Fund, Operation
Homefront and Team Rubicon, as well as local nonprofit
organizations, each of these projects will benefit our nation's
heroes and communities where Home Depot associates live and
work.
"Team Depot has volunteered nearly 1.4 million hours in service
to veterans since 2011," said Shannon
Gerber, executive director of The Home Depot Foundation.
"Our associates' dedication to serving their local communities is
what allows the Foundation to make such a great impact nationwide.
Through planting, building, painting, renovating and more, our
orange-blooded family continues to show up for veterans in a big
way."
The Home Depot Foundation is on a mission to make a difference
in the lives and homes of veterans and has pledged to invest half
of a billion dollars in veteran causes by 2025. Since 2011, The
Home Depot Foundation has donated more than $400 million to support veteran causes and built
or improved more than 50,000 veteran homes and facilities. Join the
conversation using #OperationSurprise and follow along to see how
the Foundation will serve veterans this season of giving.
About The Home Depot Foundation
The Home Depot Foundation, the nonprofit arm of The Home
Depot (NYSE: HD), works to improve the homes and lives of U.S.
veterans, support communities impacted by natural disasters and
train skilled tradespeople to fill the labor gap. Since 2011, the
Foundation has invested more than $400
million in veteran causes and improved more than 50,000
veteran homes and facilities. The Foundation has pledged to invest
half of a billion dollars in veteran causes by 2025 and
$50 million in training the next
generation of skilled tradespeople through the Path to Pro
program. To learn more about The Home Depot Foundation
visit HomeDepotFoundation.org and follow us
on Twitter @HomeDepotFound and
on Facebook and Instagram @HomeDepotFoundation.
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SOURCE The Home Depot Foundation