The Home Depot Foundation invests more than $5.5 million to strengthen disaster preparedness, response and rebuilding efforts

The Home Depot Foundation has announced a $5.5 million investment to support disaster preparedness, response, and rebuilding efforts.

Rhea-AI Summary

The Home Depot Foundation has announced a $5.5 million investment to support disaster preparedness, response, and rebuilding efforts. Combined with a previous $3 million commitment for Southern California wildfire response, the total 2025 disaster season support reaches $8.5 million.

The funding will support multiple initiatives including: equipping resilience hubs in Puerto Rico and U.S. Virgin Islands, expanding volunteer training programs, implementing a First Responder and Kid Care Kit initiative, and supporting long-term recovery efforts. Key partners include Mercy Corps, Inspiritus, Operation Blessing, and various other nonprofit organizations.

This investment comes in response to the 27 natural disasters in 2024 that each caused over $1 billion in losses. The Foundation has invested more than $550 million in veteran causes since 2011 and aims to invest $750 million by 2030.

Positive

• Significant financial commitment of $8.5 million for disaster response in 2025
• Comprehensive approach covering preparation, response, and recovery phases
• Strong partnerships with multiple established nonprofit organizations
• Track record of substantial investments with over $550 million invested since 2011

Negative

• None.

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Funding supports preparation for upcoming disasters and rebuilding after years of multiple billion-dollar events

ATLANTA, May 6, 2025 /PRNewswire/ -- This National Hurricane Preparedness Week, The Home Depot Foundation committed to invest more than $5.5 million to support nonprofit organizations as they help communities prepare for, respond to and recover from natural disasters. This funding, in addition to the $3 million committed earlier this year for wildfire response in Southern California, brings the Foundation's support to $8.5 million so far for the 2025 disaster season.

"In 2024, our country experienced more than 27 natural disasters that incurred at least $1 billion each in losses," said Erin Izen, executive director of The Home Depot Foundation. "It's important that we not only work with our partners to provide relief in the immediate aftermath of a disaster, but also to help these communities prepare before a storm hits by making them more disaster-resistant."

As the country continues to feel the impacts of hurricanes, tornadoes, wildfires and flooding, the Foundation is supporting several of its nonprofit partners as they prepare communities for future disasters. This includes working with Mercy Corps to equip "resilience hubs" and community centers in Puerto Rico and the U.S. Virgin Islands with critical emergency response items, while also supporting Inspiritus as it delivers specialized training to expand its volunteer pool and capabilities. Operation Blessing, a long-standing disaster relief partner that was critical to the Foundation's response in Asheville following Hurricane Helene, will use its grant to pilot a new First Responder and Kid Care Kit initiative in preparation for future disasters.

"During recent disaster response operations in Texas and the Los Angeles area, our teams would develop first responder kits while on-site. Our aim for this pilot program is to have them prepped and ready for future events. The 'Kid Care Kits' will include coloring books and snacks as well as a stuffed animal to help provide comfort to children who have faced the trauma of witnessing a natural disaster," said Diego Traverso, senior director of global disaster response for Operation Blessing. "With this renewed support from The Home Depot Foundation, we're able to get ahead of what's needed when we're in the field, freeing up our teams to help with clean-up, provide hot meals and deliver other core relief services." 

While preparedness is a crucial component of disaster response, many of the Foundation's partners will also focus on long-term recovery efforts for communities still rebuilding after damage sustained from past disasters. For example, nonprofit partner Rebuilding Together New Orleans will use its grant to fund repairs for at least 20 houses impacted by Hurricane Ian, helping families to live safely in their homes. Habitat for Humanity of Butte County will support long-term fire recovery and mitigation efforts in Northern California, and in addition to serving at least 800 communities in the aftermath of a disaster, Team Rubicon and the Foundation will partner to provide skilled trades training to 9,000 more volunteers and rebuild 20 homes destroyed by previous storms.  

Additional funds from these grants will support ongoing disaster response and long-term rebuilding efforts with American Red Cross, Convoy of Hope, Community Foundation Santa Cruz County, World Central Kitchen and Habitat for Humanity International, including pre-positioning supplies, purchasing bulk food and delivering shelter as well as financial and emotional support for families impacted by natural disasters.

About The Home Depot Foundation 

The Home Depot Foundation, a nonprofit supported by The Home Depot (NYSE: HD), works to improve the homes and lives of U.S. veterans, support communities impacted by natural disasters and train skilled tradespeople to fill the labor gap. Since 2011, the Foundation has invested more than $550 million in veteran causes and improved more than 65,000 veteran homes and facilities. The Foundation has pledged to invest $750 million in veteran causes by 2030 and $50 million in training the next generation of skilled tradespeople through the Path to Pro program by 2028. To learn more about The Home Depot Foundation visit HomeDepotFoundation.org and follow us on Twitter @HomeDepotFound and on Facebook and Instagram @HomeDepotFoundation.

 

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SOURCE The Home Depot Foundation

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

How much is Home Depot Foundation (HD) investing in disaster preparedness for 2025?

The Home Depot Foundation is investing $5.5 million in disaster preparedness, plus an additional $3 million for wildfire response in Southern California, totaling $8.5 million for the 2025 disaster season.

What are the main initiatives covered by Home Depot Foundation's (HD) disaster preparedness investment?

The investment covers equipping resilience hubs in Puerto Rico and U.S. Virgin Islands, volunteer training programs, First Responder and Kid Care Kit initiative, and long-term recovery efforts through various nonprofit partners.

How many billion-dollar natural disasters occurred in 2024 according to Home Depot Foundation?

According to the announcement, the United States experienced more than 27 natural disasters that each incurred at least $1 billion in losses during 2024.

What is Home Depot Foundation's (HD) total investment in veteran causes since 2011?

The Home Depot Foundation has invested more than $550 million in veteran causes since 2011 and has improved over 65,000 veteran homes and facilities.

What are Home Depot Foundation's (HD) future investment goals?

The Foundation has pledged to invest $750 million in veteran causes by 2030 and $50 million in training the next generation of skilled tradespeople through the Path to Pro program by 2028.