The Home Depot Foundation Supports Veterans' Housing

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The Home Depot Foundation Supports Veterans' Housing

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The Home Depot Foundation exceeds 3yr$30 million pledge to veterans' housing initiative ahead of schedule. http://bit.ly/RZ6Xiy @justmeans
Tuesday, September 18, 2012 - 9:00am

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The Home Depot Foundation has exceeded its own three-year $30 million pledge to veterans' housing initiative a year ahead of schedule. The Foundation has made an additional commitment of $50 million to support veterans' housing. The funds, spread over a period three years, will be provided to veterans' nonprofits to help ensure that every veteran has a home. The new commitment is a part of Home Depot Foundation's second annual "Celebration of Service" campaign.

Apart from financial support, the Celebration of Service campaign has been launched with volunteers from Team Depot undertaking repairs and renovations of a hundred veterans' homes in 13 cities. The next two months, until Veterans' Day, thousands of associate volunteers from Home Depot around the country will complete over 300 service projects to support veterans.

Over the last 18 months, the Foundation along with more than a thousand nonprofit partners, has contributed funding and volunteer resources to refurbish and repair homes and residential buildings as well as service facilities. More than 5,000 veteran families are receiving benefit through these efforts.

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Vikas is a staff writer for the Sustainable Development news and editorial section on Justmeans. He is an MBA with 20 years of managerial and entrepreneurial experience and global travel. He is the author of "The Power of Money" (Scholars, 2003), a book that presents a revolutionary monetary economic theory on poverty alleviation in the developing world. Vikas is also the official writer for an international social project for developing nations "Decisions for Life" run in collaboration between the ILO, the University of Amsterdam and the Indian Institute of Management.

Keywords: Sustainable Finance & Socially Responsible Investment | Cause Global | Social Entrepreneurship | Social Impact & Volunteering | Social investment | best practices | social innovation

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