The Home Depot…Foundation, the philanthropic arm of The Home Depot…announced the donation of $1 million to the recovery and rebuilding efforts in response to Hurricane Ike. The funding will be used for three programs…$200,000 to the American Red Cross for immediate recovery aid for Houston and the communities along the Gulf coast of Texas…$100,000 in clean-up materials for locally organized, community volunteer efforts, including the activation of Team Depot, the Company's associate volunteer program…$700,000 to the Local Initiatives Support Corporation (LISC) for rebuilding efforts in communities affected by Hurricane Ike.