The Home Depot Foundation Commits $700,000, Supplies and Volunteer Assistance to Gulf Flood Relief Efforts

ATLANTA, Aug. 17, 2016 /CNW/ -- The Home Depot® Foundation today announced relief grants totaling $700,000 for disaster assistance in Louisiana and other Gulf communities impacted by recent flooding.

The financial contributions include $500,000 to the American Red Cross (ARC) as part of the company's previous $1 million donation to the ARC, an additional $100,000 to Team Rubicon and $100,000 to Operation Blessing. The grants were made in addition to donations of product and other supplies already underway.

Local stores have also been assembling "Team Depot" employee volunteers to assist with relief and cleanup efforts, and will continue to do so.

"Although our local stores have been providing immediate assistance, we're committed to the long-term recovery of the communities impacted by this terrible tragedy," said Shannon Gerber, executive director of The Home Depot Foundation.

In addition to The Home Depot Foundation's financial support, The Home Depot's operations, supply chain, HR and merchandising teams have assembled a disaster response task force to move badly needed water, meals and other supplies into the region for local residents and the company's associates.

Team Rubicon, which is a long-standing partner of The Home Depot Foundation, is also using a local Home Depot store as its base camp while assisting local residents.

Through its Homer Fund employee assistance program, The Home Depot Foundation is also providing emergency funds to associates who themselves have been affected by the tragedy.

About Giving Back at The Home Depot

Since the first The Home Depot store opened in 1979, giving back has been a core value for the Company and a passion for its associates. Today, The Home Depot, in partnership with The Home Depot Foundation, focuses its philanthropic efforts on improving the homes and lives of U.S. military veterans and their families and aiding communities affected by natural disasters. Through Team Depot, the Company's associate-led volunteer force, thousands of associates dedicate their time and talents to these efforts in the communities where they live and work.

Since 2011, The Home Depot Foundation has invested more than $160 million to veteran causes, and along with the help of Team Depot volunteers, has transformed more than 26,700 homes for veterans.

To learn more and see Team Depot in action, visit www.homedepot.com/teamdepot.

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SOURCE The Home Depot Foundation

For further information: Financial Community - Diane Dayhoff, Vice President of Investor Relations, 770-384-2666, diane_dayhoff@homedepot.com | News Media - Bradford Walton, Director of Public Relations, 770-384-3979, bradford_walton@homedepot.com, http://www.homedepot.com/teamdepot


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