ATLANTA, Nov. 9, 2011 /PRNewswire/ -- Since September 11, The Home Depot®, The Home Depot Foundation and Team Depot, the Company's associate-led volunteer force, have been on a nationwide campaign to celebrate the service and sacrifice of U.S. military veterans and their families. The "Celebration of Service" initiative officially concludes on Veterans Day, November 11 with volunteers completing 320 projects to repair and renovate veterans' homes and facilities in partnership with The Mission Continues. In addition, The Home Depot Foundation donated more than $10 million in cash and products to nonprofits addressing the housing challenges of veterans.
The Company's customers have also participated by purchasing almost 35,000 Celebration of Service gift cards, with 5 percent of the proceeds, or $240,000, going directly to The Home Depot Foundation to support more veterans' initiatives. Celebration of Service gift cards will be available for purchase online or in stores through November 11.
During the week leading up to Veterans Day, Team Depot will continue working on many projects around the country, including repairing and beautifying Veterans Memorial Maywood Park near Chicago; planting sod for a 21,000 square-foot grassed therapeutic riding area for Ivey Ranch Park's Horses for Heroes, a therapeutic riding program for wounded military service personnel and veterans in San Diego; and installing new, energy efficient windows and patio doors for an 87-year-old disabled veteran in Connecticut."Our nation's veterans and their families have made great sacrifices for our country, and it is an honor for us to serve them," said Frank Blake, chairman and CEO, The Home Depot. "I want to thank all of our associates who volunteered their time and talents to make an impact on the housing needs of veterans." In addition to hands on volunteer projects, The Home Depot Foundation also has made more than $9 million in cash awards during Celebration of Service to 28 nonprofits that address the housing needs of veterans. From Operation Homefront and Volunteers of America to U.S.VETS and Habitat for Humanity International, the Foundation is investing in nonprofits that directly change the lives and circumstances of veterans and their families. Through Team Depot, the Company's associates will continue to help these grantees as well as many others as they work to serve as many veterans as they can. "While our 2011 Celebration of Service campaign has concluded, The Home Depot Foundation and Team Depot will continue on our mission to ensure that every veteran has a safe place to call home," said Kelly Caffarelli, president, The Home Depot Foundation. "According to a new report released in October by the U.S. Department of Veterans Affairs, statistics show that many veterans face severe housing needs, including homelessness, due to injuries suffered in combat, economic pressures and difficulties transitioning from military to civilian life. We have seen these issues in an up close and personal way over the past two months, and we are more committed than ever to serve those who have served us all." In addition to helping veterans, The Home Depot Foundation has also partnered with The Mission Continues to engage veterans in volunteer projects to utilize and highlight their unique leadership and planning skills.
Check Out Our Best Services for Investors
- $2.5+ million portfolio
- Large-cap and dividend focus
- Intraday trade alerts from Cramer
Access the tool that DOMINATES the Russell 2000 and the S&P 500.
- Buy, hold, or sell recommendations for over 4,300 stocks
- Unlimited research reports on your favorite stocks
- A custom stock screener
- Model portfolio
- Stocks trading below $10
- Intraday trade alerts