ATLANTA, April 12,
2023 /PRNewswire/ -- In the 14th year of its Retool
Your School program, The Home Depot® awarded 36
Historically Black Colleges and Universities (HBCUs) with more than
$2 million in grants to improve their
college campuses. Alabama A&M
University, Coahoma Community
College and Fisk University
placed first in their respective competition clusters, each winning
a $150,000 grant. The 2023 Retool
Your School program was expanded to include an additional
$2 million in needs-based grants such
as Innovation Lounge renovations, internship and externship
programs, scholarships and more.
The Retool Your School Awards Celebration was held
on Tuesday, April 11 at Mercedes-Benz Stadium to celebrate the
participating schools and the 2023 program year. The event was
hosted by actor, author, and HBCU alumnae, Rashan Ali. Andre
Dickens, mayor of Atlanta,
and Molly Battin, senior vice
president and chief marketing officer of The Home Depot, delivered
remarks to attendees about the importance of championing our
nation's HBCUs.
"The Home Depot's commitment to HBCUs goes deeper than just
financial support," said Molly
Battin, senior vice president and chief marketing officer.
"We recognize that HBCUs are fundamental to academic success and
professional development in both the communities they serve and our
nation as a whole. We're committed to preserving that incredible
history and seeing that it continues to grow."
HBCUs participating in the Campus Improvement Grant program were
separated into three clusters based on student population. The top
ten schools with the most votes per cluster received grants ranging
from $40,000 to $150,000. As part of the new
needs-based grant program, 10 schools were also awarded with
Innovation Lounge funding to enhance existing spaces on campuses
where students can congregate, ideate and collaborate.
Congratulations to all the winning institutions of the 2023
Retool Your School program.
Campus Improvement Grant Cluster 1
- Alabama A&M University
- Jackson State University
- Albany State University
- Howard University
- Hampton University
- Grambling State University
- Alabama State University
- Southern University and A&M
College
- Winston-Salem State University
- Norfolk State University
Campus Improvement Grant Cluster 2
- Coahoma Community College
- South Carolina State
University
- Tuskegee University
- Bethune-Cookman University
- Kentucky State University
- Benedict College
- Savannah State University
- University of Arkansas at Pine
Bluff
- University of Maryland Eastern
Shore
- Mississippi Valley State
University
Campus Improvement Grant Cluster 3
- Fisk University
- Tougaloo College
- Johnson C. Smith University
- Lane College
- Texas College
- Southwestern Christian College
- Wilberforce University
- Morris Brown College
- Rust College
- Saint Augustine's University
Innovation Lounge Grant
- Bethune-Cookman University
- Florida A&M University
- Interdenominational Theological
Center
- Lincoln University of Missouri
- Meharry Medical College
- Morehouse College
- Morris Brown College
- Southern University and A&M
College
- Southwestern Christian College
- Voorhees College
Since 2009, through Retool Your School, The Home Depot has
invested more than $9.25 million
dollars to update, upgrade and uplift HBCU campuses. In
2023, the company quadrupled its Retool Your School commitment to
$4 million as part of its continued
dedication to celebrating the legacy and pride of HBCUs. To learn
more, visit RetoolYourSchool.com.
About The Home Depot
The Home Depot is the
world's largest home improvement specialty retailer. At the end of
fiscal year 2022, the company operated a total of 2,322 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
475,000 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. The Home
Depot is #17 on the 2022 Fortune 500.
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 $9.25 million to support 227 campus improvement
grants provided to 71 percent of the nation's HBCUs. To learn more
about Retool Your School, visit RetoolYourSchool.com and follow us
on Twitter @HomeDepotRetool, Instagram @RetoolYourSchool and
Facebook @RetoolYourSchool.
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SOURCE The Home Depot