Company to Donate Up to $1 Million to Help Build Playgrounds, Construct Health Homes and Support Disaster Relief
Atlanta (October 12, 2006)- The Home Depot, the world’s largest home improvement retailer, announced today it will donate 5 percent of sales of three newly designed gift cards to the Company’s nonprofit partners: The Home Depot Foundation, KaBOOM! and Hands On Network. Beginning today consumers may choose from these uniquely themed gift cards and purchase amounts in any denomination at The Home Depot stores nationwide through November 6.
“Matching gift card sales will not only raise awareness for these terrific nonprofit partners, but will assist in building stronger communities where our 355,000 plus associates live and work,” said Brad Shaw, senior vice president, Corporate Communications and External Affairs, The Home Depot. “Whether it’s planting trees, building playgrounds or partnering with a strong volunteer base to help disaster stricken communities, we look forward to this unique proposition of allowing our customers to choose what matters most.”
Each organization will have its own gift card with unique graphics and an individual gift card holder. The Home Depot’s donation to these specific charities will reach up to $1 million dollars over the three-week program.
About The Home Depot Foundation
The Home Depot Foundation was created in 2002 to further the community-building goals of The Home Depot by providing additional resources to assist nonprofit organizations in building affordable, efficient and healthy homes throughout the United States and Canada. The Home Depot Foundation administers grant-making programs in the areas of “Affordable Housing Built Responsibly” and “Community Trees -Healthy Neighborhoods.” Since its formation, The Home Depot Foundation has granted more than $25 million to nonprofit and government organizations throughout North America.
Celebrating its 10-year anniversary in 2006, KaBOOM! is a national nonprofit organization that envisions a great place to play within walking distance of every child in America. Over the past decade, KaBOOM! has used its innovative community-build model to bring together business and community interests to construct over 1,000 new playgrounds, skateparks, sports fields and ice rinks across North America. In July 2005, The Home Depot and KaBOOM! launched an unprecedented community initiative to create and refurbish 1,000 playspaces in 1,000 days throughout North America as part of a three-year, $25 million commitment. KaBOOM! also offers a variety of resources, including a Web portal and online community, regional and national trainings, grants and publications for communities that wish to plan a new playspace on their own. Headquartered in Washington, D.C., KaBOOM! also has offices in Chicago, Atlanta and San Mateo, Calif.
About Hands On Network
Hands On Network brings people together to strengthen communities through meaningful volunteer action. Hands On Network is a growing network of 64 volunteer organizations and more than a half million volunteers changing communities in and outside the United States. Hands On Network creates and manages nearly 50,000 projects a year from building wheelchair ramps in San Francisco to teaching reading in Atlanta, to rebuilding homes and lives in the Gulf Coast communities. The Hands On approach equips volunteers, creates leaders and changes lives. For more information about Hands On Network, please call (404) 979-2900.
About The Home Depot
The Home Depot is the world’s largest home improvement specialty retailer, with 2,094 retail stores in all 50 states, the District of Columbia, Puerto Rico, U.S. Virgin Islands, 10 Canadian provinces and Mexico. Through its HD SupplySM businesses, The Home Depot is also one of the largest diversified wholesale distributors in the United States, with nearly 1,000 locations in the United States and Canada offering products and services for building, improving and maintaining homes, businesses and municipal infrastructures. In fiscal 2005, The Home Depot had sales of $81.5 billion and earnings of $5.8 billion. The Company employs approximately 355,000 associates and has been recognized by FORTUNE magazine as the No. 1 Most Admired Specialty Retailer and the No. 13 Most Admired Corporation in America for 2006. The Home Depot’s stock is traded on the New York Stock Exchange (NYSE: HD) and is included in the Dow Jones industrial average and Standard & Poor’s 500 index. HDG