The Home Depot Foundation Increases 2018 Disaster Relief to $4 Million

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Oct 12, 2018, 07:00 ET

ATLANTA, Oct. 12, 2018 /PRNewswire/ -- Today, The Home Depot Foundation increased its financial support to $4 million for associates, customers and communities impacted by Hurricane Michael and other recent disasters.

"Our thoughts are with everyone who has been impacted by Hurricane Michael," said Shannon Gerber, executive director of The Home Depot Foundation. "We're currently working closely with our nonprofit partners to assess the impact of this unprecedented storm to determine how we can best help the community recover immediately and over the coming weeks and months."

The increased commitment adds to funding provided to nonprofit partners for other disasters throughout 2018, such as Hurricane Florence, Hurricane Olivia, the California wildfires and flooding in the Midwest. The Foundation will continue to serve those impacted in these areas, while broadening support to include the Gulf Coast region.

Earlier this year, The Home Depot Foundation provided more than half a million dollars to Operation Blessing and Convoy of Hope to stock their warehouses for the 2018 disaster season. The warehouses in Florida were activated earlier this week to prepare for Hurricane Michael's landfall. In spring 2018, the Foundation also granted $2 million dollars to Team Rubicon and American Red Cross to fund their disaster relief and recovery efforts.

The Homer Fund, the company's employee assistance program, is currently providing emergency financial assistance to associates who have been affected by this tragedy. Since it was established in 1999, the fund has provided more than $171 million to over 135,000 associates in need.

To donate to American Red Cross for those impacted by recent storms, visit bit.ly/THDgive.

About The Home Depot Foundation
The Home Depot Foundation works to improve the homes and lives of U.S. veterans, train skilled tradespeople to fill the labor gap and support communities impacted by natural disasters. Since 2011, the Foundation has invested a quarter of a billion dollars in veteran-related causes and improved more than 40,000 veteran homes and facilities in 2,500 cities. In 2018, the Foundation committed an additional $50 million dollars to train 20,000 skilled tradespeople over the next 10 years starting with separating military members and veterans, at-risk youth and residents of Atlanta's Westside community.

To learn more about The Home Depot Foundation and see Team Depot in action, visit thd.co/community and follow us on Snapchat, Twitter and Instagram @teamdepot and on Facebook at facebook.com/teamdepot.

SOURCE The Home Depot Foundation