Enhanced Investments - Financial Portal

The Home Depot Foundation Commits up to $500,000 to Support Communities Impacted by Deadly Wildfires in Maui

Published: 2023-08-14 12:00:00 ET

More than $5.6 Million Committed to Disaster Response in 2023

ATLANTA, Aug. 14, 2023 /PRNewswire/ -- The Home Depot Foundation is committing up to $500,000 to support immediate wildfire relief and long-term recovery efforts in Maui. This new disaster response grant takes the Foundation's disaster commitment to more than $5.6 million this year.

The Home Depot Foundation's national nonprofit partners responded immediately, providing emergency relief supplies, shelter, meals and more to the island. Over the past several days, World Central Kitchen has served more than 15,000 meals with the help of funding from the Foundation and supplies from a local Home Depot store. American Red Cross teams are providing evacuees with a safe place to stay, food to eat and emotional support. Convoy of Hope has shipped essential supplies, including food, hygiene materials and baby care items, that will arrive in the coming days.

"We are heartbroken by the loss of life and extreme devastation caused by wildfires on the island of Maui," said Shannon Gerber, executive director of The Home Depot Foundation. "As our experienced nonprofit partners assess the full extent of the destruction, we are standing ready to support the immediate needs of the community however possible."

In partnership with Team Depot, The Home Depot's associate volunteer force, the Foundation has donated more than $15,000 in essential supplies to local nonprofit organizations and government agencies on the island. The Home Depot's three locations on Oahu have transferred the bulk of their emergency supplies, including generators, gas cans and more, to the Maui store, and Oahu-based associates filled a shipping container with their own donations, including clothing, food, cleaning supplies and more, that was delivered to Maui over the weekend.

"As a community, we are strong and will lend all of the kokua and aloha we have to help Lahaina and its people rebuild," said Amare Belay, store manager and Team Depot district captain. "We know it will take years, but this is what we do in Hawai'i -- we help our 'ohana, which includes not just family but neighbors, schools, churches, businesses, and community in rebuilding. As a member of The Home Depot 'ohana, I am grateful to work for a company that has stepped up to support our community during this unimaginable situation. "

About The Home Depot FoundationThe Home Depot Foundation, the nonprofit arm of 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 $475 million in veteran causes and improved more than 55,000 veteran homes and facilities. The Foundation has pledged to invest half of a billion dollars in veteran causes by 2025 and $50 million in training the next generation of skilled tradespeople through the Path to Pro program. To learn more about The Home Depot Foundation visit HomeDepotFoundation.org and follow us on Twitter @HomeDepotFound and on Facebook and Instagram @HomeDepotFoundation.

View original content to download multimedia:https://www.prnewswire.com/news-releases/the-home-depot-foundation-commits-up-to-500-000-to-support-communities-impacted-by-deadly-wildfires-in-maui-301899345.html

SOURCE The Home Depot Foundation

Enhanced Investments, Inc.
329 South Oyster Bay Road #2085
Plainview, NY 11803
team@eninvs.com

Important disclosures

Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.

Nothing on this website should be considered an offer, solicitation of an offer, or advice to buy or sell securities.
Past performance is no guarantee of future results. Any historical returns, expected returns [or probability projections] are hypothetical in nature and may not reflect actual future performance.
All the strategies assume investments in equity invstrumenta only and are more relevant for "agressive investment profile". Eastern European flagship strategy assumes using up to 20% leverage of total portfolio. GlobalCommodities and US Growth strategy currently assume no leverage.
Results for the Enhanced Investments strategies as compared to the performance of Illustrative Benchmarks is for informational purposes only. Our investment program does not mirror that of the Illustrative Benchmarks and the volatility may be materially different from the volatility of Illustrative Benchmarks. Reference or comparison to an Illustrative Benchmark does not imply that strategies of Enhanced Investments will be constructed in the same way as the Illustrative Benchmark or achieve returns, volatility, or other results similar to those of the Illustrative Benchmark. The S&P 500 is an unmanaged market capitalization-weighted index of 500 common stocks chosen for market size, liquidity, and industry group representation to represent U.S. equity performance.
Performance results were prepared by Enhanced Investments, and have not been compiled, reviewed or audited by an independent accountant. Performance estimates are subject to future adjustment and revision. Investors should be aware that a loss of investment is possible. Account holdings are for illustrative purposes only and are not investment recommendations. Additional information, including (i) the calculation methodology; and (ii) a list showing the contribution of each holding to the portfolio’s performance during the time period will be provided upon request.
All statements made via social media sites sponsored or maintained by Enhanced Investments and its affiliates are for informational purposes only and do not constitute a comprehensive description of Enhanced Investments' investment advisory services.
Certain investments are not suitable for all investors. Before investing, consider your investment objectives and applicable fees. The rate of return on investments can vary widely over time, especially for long term investments. Investment losses are possible, including the potential loss of all amounts invested. Information provided by Enhanced Investments is for informational and general educational purposes only and is not investment or financial advice.