ATLANTA, Jan. 23,
2024 /PRNewswire/ -- The Home Depot is kicking off its
2024 Retool Your School program, which provides career development
opportunities and improves campuses at Historically Black Colleges
and Universities (HBCUs). The 2024 program marks the
15th year that The Home Depot has supported campus
renovations that uplift HBCU students across the nation. This year,
The Home Depot is expected to surpass $10
million in financial support since the program began in
2009.
A portion of The Home Depot's 2024 investment will focus on
career development such as internships, externships, scholarships,
community projects and innovation lounges. The remaining funds will
support the flagship Retool Your School Campus Improvement
Grants.
This year's Retool Your School Campus Improvement Grant is
expected to support 30 campuses with grants ranging from
$40,000 to $150,000 per school. HBCU students, alumni and
supporters can vote for a deserving college or university at
RetoolYourSchool.com/vote. Voting opens Monday, February 26, and ends Sunday, March 24, 2024.
"Over the past 15 years, I've personally witnessed the long-term
impact of this program," said Arlette
Guthrie, senior vice president of human resources at The
Home Depot. "Retool Your School reflects The Home Depot's core
values and commitment to supporting the communities we serve, and I
can't wait to see what's in store for the next 15 years."
Since its inception in 2009, the Retool Your School program
has:
- Enabled HBCUs to allocate funds for need-based initiatives.
Examples include upgrading high-use campus spaces like dorms and
athletic courts, as well as improving surrounding communities
through neighborhood clean-ups and supply drives.
- Supported students through career development. Scholarships and
externships have not only helped pay for college tuition and other
costs, but also supported students by providing opportunities to
learn from professionals in their chosen fields and gain critical
experience as they enter the job market.
- Garnered over 68 million votes and positively impacted 77
campuses, accounting for more than 70% of the nation's HBCUs.
For more details on The Home Depot's Retool Your School program,
including student opportunities and grant applications, visit
RetoolYourSchool.com.
About The Home Depot
The Home Depot is the world's
largest home improvement specialty retailer. At the end of the
third quarter of fiscal year 2023, the company operated a total of
2,333 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs approximately
470,000 associates. The Home Depot's stock is traded on the New
York Stock Exchange (NYSE: HD) and is included in the Dow Jones
industrial average and Standard & Poor's 500 index.
About Retool Your School
The Home Depot's Retool Your
School grant program strives to give back to our nation's
Historically Black Colleges and Universities (HBCUs) what they have
so generously given to their communities: a strong foundation,
renewed purpose and distinctive character through campus uplift and
beautification funding. Established in 2009, Retool Your School has
invested more than $9.25 million to
support 273 grants provided to more than 70 percent of the nation's
HBCUs. To learn more about Retool Your School, visit
RetoolYourSchool.com and follow us on Twitter @HomeDepotRetool,
Instagram @RetoolYourSchool and Facebook @RetoolYourSchool.
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SOURCE The Home Depot