The Home Depot Foundation has announced a commitment of $500 million to veterans-related causes by 2025.
In 2016, the foundation pledged $250 million to veterans' initiatives through 2020 but met the commitment two years early. With the new commitment, the foundation will continue to work with nonprofits such as Volunteers of America, the Semper Fi Fund, and the Gary Sinise Foundation to end veteran homelessness, perform home repairs for senior veterans, and serve critically wounded veterans.
With a three-year, $30 million pledge in support of veterans' housing in 2011, followed by a three-year, $50 million commitment in 2012 and a five-year, $80 million initiative in 2013, the Home Depot Foundation has now supported improvements to more than forty thousand veterans' homes and facilities. In addition, during Home Depot's annual seven-week Celebration of Service campaign this year, Home Depot volunteers provided more than a hundred thousand volunteer hours.
"Giving back to our nation's heroes is a part of our DNA at the Home Depot," said Shannon Gerber, executive director of 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."