The Home Depot Foundation Increases Commitment to $500 Million for Veteran Causes

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Team Depot volunteers complete more than 100,000 hours of service over seven weeks

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Nov 08, 2018, 07:00 ET

ATLANTA, Nov. 8, 2018 /PRNewswire/ -- Today, The Home Depot Foundation is announcing an increased commitment of a half billion dollars to veteran causes by 2025.

The expanded commitment to veterans comes as company volunteers, known as Team Depot, completed more than 100,000 volunteer hours during the Foundation's seven-week Celebration of Service campaign. As an added tribute to veterans, volunteer associates traded in the iconic Home Depot orange and wore military green at hundreds of projects during this year's campaign.

"The Home Depot Foundation has been supporting veteran causes since 2011 and recently completed its commitment to invest $250 million, but we're not stopping there," said Home Depot chairman, CEO and president Craig Menear. "We're committing another $250 million by 2025 bringing our total investment to half a billion."

Through partnerships with national and local nonprofits, the foundation completed its quarter billion-dollar commitment two years early, resulting in improvements to more than 40,000 veterans' homes and facilities since the original pledge was made. The organization will continue to work with nonprofits including Volunteers of America, Semper Fi Fund and Gary Sinise Foundation and many others, to end veteran homelessness, perform critical home repairs for senior veterans and serve critically wounded veterans.

"Giving back to our nation's heroes is a part of our DNA at The Home Depot," said Shannon Gerber, executive director at The Home Depot Foundation. "We're proud to partner with the best nonprofits in the nation to solve veteran issues and serve our servicemen and women who dedicated their lives to our country and sacrificed so much."

As the foundation wraps its eighth annual Celebration of Service campaign on Veterans Day weekend, the organization is inviting the community to wear military green and join together to serve veterans. On November 8 and 9, volunteers can serve with Team Depot at projects across the country. The foundation is also recording and distributing personalized voicemails for veterans, which can be left by dialing (770) 615-8985. Visit your local Home Depot or www.ServeVeterans.com to learn about ways to participate.

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