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:
"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