There are good ways of helping veterans of the U.S. armed services and some that turn out to be not so good. (Think of the tarnished Wounded Warrior Project — which, to its new CEO’s credit, is cutting executive staff in half.)
The Atlanta-based Home Depot Foundation, it would seem, ranks among the former. According to veteran Atlanta business journalist and blogger Maria Saporta, the foundation has announced that it has committed to raising its total contributions to veterans causes to at least $250 million by 2020.
“Team Depot” also involves volunteers who give of their time and effort to work with elderly, disabled or homeless vets.
The need is indisputable. According to foundation statistics cited by Saporta, there are more than 39,000 homeless vets on any given night, and more than a million vets are considered at risk of becoming homeless. More than 3.8 million veterans have some form of service-related disability, a figure that has increased by 60 percent since 1990. More than 9.4 million vets are 65 or older, many of those with some kind of disability; home alterations are necessary for some to continue living independently.
“We know they experience many challenges when they return from service,” Home Depot Foundation board chair said, “and their home shouldn’t be one of them.”
The Saporta Report said last week the Home Depot Foundation has already invested more than $160 million in veterans’ projects. Raising that total to $250 million over the next four years will help a lot of people who were willing to risk everything for us.