The Home Depot to Host First Quarter Earnings Conference Call on May 14
Comtex 4/30/2024, 8:00 AM EDTApr 13, 2024 (MENAFN via COMTEX News Network) --
ATLANTA, April 12, 2024/ 3BL/ - The Home Depot awarded 42 Historically Black Colleges and Universities (HBCUs) with nearly $3 million in grants for campus enhancements at the annual Retool Your School Awards Celebration. Albany State University, South Carolina State University and Paine College placed first in their respective clusters, each winning a $150,000 grant. Since its inception in 2009, The Home Depot Retool Your School Program has invested more than $12 million in financial support, providing HBCUs with needs-based grants for campus renovations.
"The Home Depot has a proud legacy of supporting and uplifting Historically Black Colleges and Universities. We've reached more than 82 universities over the last 15 years with many multi-year relationships with the same schools," said Molly Battin, senior vice president and chief marketing officer of The Home Depot."Our Retool Your School grants play a crucial role in ensuring that prestigious universities can continue supporting students and their communities through critical campus improvements and innovation lounges that foster creativity and collaboration. These grants go beyond just improving physical spaces: they foster positive outcomes for students and communities across the U.S."
The Retool Your School Awards Celebration was held on Thursday, April 11, at Mercedes-Benz Stadium in Atlanta. Hosted by actor, author and HBCU alumnae Rashan Ali, with remarks from Atlanta Mayor Andre Dickens, The Home Depot chair, president and CEO Ted Decker and CMO Molly Battin, the event highlighted the 15-year legacy of the Retool Your School program and awarded Legacy Honorees who supported the program in an exemplary way.
Sixty-seven schools applied for grants, with participating HBCUs separated into three clusters based on student population. More than 7 million votes were cast online by students, staff and supporters - ultimately deciding the top 10 schools per cluster to receive grants ranging from $40,000 to $150,000 for campus improvements. Additionally, 12 schools were awarded Innovation Lounge funding to enhance existing spaces on campuses where students can gather, ideate and collaborate.
Congratulations to all the winning institutions of the 2024 Retool Your School program.
Campus Improvement Grant Cluster
Campus Improvement Grant Cluster 2
Campus Improvement Grant Cluster 3
Innovation Lounge Grant
About The Home Depot
The Home Depot is the world's largest home improvement specialty retailer. At the end of fiscal year 2023, the company operated a total of 2,335 retail stores in all 50 states, the District of Columbia, Puerto Rico, the U.S. Virgin Islands, Guam, 10 Canadian provinces and Mexico. The company employs approximately 465,000 associates. 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.
About Retool Your School
The Home Depot's Retool Your School grant program strives to give back to our nation's Historically Black Colleges and Universities (HBCUs) what they have so generously given to their communities: a strong foundation, renewed purpose and distinctive character through campus uplift and beautification funding. Established in 2009, Retool Your School has invested more than $12 million to support over 270 grants provided to more than 72 percent of the nation's HBCUs. To learn more about Retool Your School, visit RetoolYourSchool and follow us on Twitter @HomeDepotRetool, Instagram @RetoolYourSchool and Facebook @RetoolYourSchool.
Keep up with all the latest Home Depot news! Subscribe to our bi-weekly news update and get the top Built from Scratch stories delivered straight to your inbox.
MENAFN12042024007202015466ID1108088469
COMTEX_450777685/2604/2024-04-13T03:42:16
