Issue Date: 2011 MAY, Posted On: 5/26/2011

05262011 The Home Depot Commits $1 Million to Rebuilding Efforst in Joplin, MO


ATLANTA – The Home Depot Foundation, the philanthropic arm of The Home Depot, will donate $1 million to the immediate relief, recovery and long-term rebuilding efforts in Joplin, MO, according to Frank Blake, chairman and chief executive officer of The Home Depot.

The Home Depot Foundation is in Joplin to assess the long-term needs of the community and how best to partner with non-profit groups to deploy volunteers, dollars and products as Joplin rebuilds. In addition, the company will rebuild its store on the current site.

"The devastation in Joplin is indescribable and we will be there to help this community get back on its feet," said Blake. "As we learned through our work in the Gulf after similar destruction from Katrina, the rebuilding will take years, and we are committed to Joplin for the long haul. Our thoughts and prayers go out to all of the residents of Joplin who are now struggling in the aftermath of this terrible storm."

Separately, The Homer Fund, a charity for The Home Depot associates in need of emergency financial assistance, has launched a companywide "Drive for Joplin" campaign to help associates and their families affected by the tornado. In addition to this special internal company campaign, The Homer Fund will supplement the grants to impacted associates to make sure their needs are met.

Since its formation in 2002, The Home Depot Foundation has granted more than $270 million to nonprofit organizations improving homes and lives in local communities.




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