The Home Depot Foundation Increases Financial Commitment Up to $400,000 for Spring Tornado and Severe Storm Relief

Rhea-AI Summary

The Home Depot Foundation has increased its financial commitment to $400,000 to aid communities affected by tornadoes and severe weather in the Southeast and Midwest. This funding will support various nonprofit partners like Convoy of Hope and the American Red Cross in damage assessments, debris removal, and food distribution across several states, including Arkansas and Indiana.

In addition to this funding, Team Depot has engaged in volunteer activities across more than 14 cities, contributing nearly $100,000 in relief supplies. The Homer Fund is also providing emergency financial support to impacted employees, having granted over $28.6 million since its inception. The Foundation emphasizes its commitment to both immediate relief and long-term recovery efforts.

Positive

• Increased financial commitment to $400,000 for tornado and severe storm relief.
• Team Depot contributed nearly $100,000 in relief supplies.
• The Homer Fund has provided over $28.6 million in aid to associates affected by disasters.
• Continued commitment to disaster preparedness and recovery, with $7.3 million allocated in 2022.

Negative

• None.

ATLANTA, GA / ACCESSWIRE / April 10, 2023 / The Home Depot

Originally published on Built From Scratch

The Home Depot Foundation increased its financial pledge to communities impacted by tornadoes and severe weather this spring, taking its commitment up to $400,000 to support relief efforts across the Southeast and Midwest.

The Foundation's nonprofit partners, including Convoy of Hope, Operation Blessing, Team Rubicon, American Red Cross, ToolBank Disaster Services, Inspiritus and World Central Kitchen, are collectively supporting damage assessments, debris removal, supplies distribution, sheltering and food distribution across Arkansas, Iowa, Indiana, Mississippi, Tennessee, Alabama and Georgia.

Over the past two weeks, Team Depot, The Home Depot's associate volunteer force, has partnered alongside nonprofit organizations in more than 14 cities, building disaster relief kits, distributing food, supporting cleanup efforts and more. Through Team Depot, local stores have donated nearly $100,000 in relief supplies to more than a dozen organizations, including local school districts, police departments, city governments and nonprofits.

"We're heartbroken to see the number of communities facing such significant loss after weeks of severe weather systems across several states," said Shannon Gerber, executive director of The Home Depot Foundation. "The Home Depot Foundation and its nonprofit partners stand with these communities and pledge to support both immediate needs and long-term rebuilding efforts in the weeks, months and years ahead."

The Homer Fund, Home Depot's employee assistance program, is providing emergency financial support to every impacted associate in need of safe housing, food or clothing. Since inception, The Homer Fund has granted more than $28.6 million to support associates impacted by natural disasters.

The Home Depot Foundation is committed to supporting communities with natural disaster preparedness, short-term response and long-term recovery. In 2022, the Foundation committed more than $7.3 million to disaster response efforts across the country.

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SOURCE: The Home Depot

View source version on accesswire.com:
https://www.accesswire.com/748282/The-Home-Depot-Foundation-Increases-Financial-Commitment-Up-to-400000-for-Spring-Tornado-and-Severe-Storm-Relief

FAQ

What is the financial commitment of Home Depot for tornado relief in 2023?

The Home Depot Foundation has increased its financial commitment to $400,000 for tornado relief efforts in 2023.

Which areas are receiving support from Home Depot's relief efforts?

Support is being provided to communities in Arkansas, Iowa, Indiana, Mississippi, Tennessee, Alabama, and Georgia.

How much has Team Depot donated in relief supplies?

Team Depot has donated nearly $100,000 in relief supplies to nonprofit organizations.

What is the purpose of The Homer Fund by Home Depot?

The Homer Fund provides emergency financial support to Home Depot associates affected by natural disasters.

How much has The Home Depot Foundation committed in 2022 for disaster response?

In 2022, The Home Depot Foundation committed more than $7.3 million to disaster response efforts across the country.