The Home Depot Foundation announced relief grants totaling $700,000 for disaster assistance in Louisiana and other Gulf communities impacted by recent flooding.

The financial contributions include $500,000 to the American Red Cross as part of the company's previous $1 million donation to the ARC, an additional $100,000 to Team Rubicon and $100,000 to Operation Blessing. The grants were made in addition to donations of product and other supplies already underway.

Local stores have also been assembling "Team Depot" employee volunteers to assist with relief and cleanup efforts, and will continue to do so.

"Although our local stores have been providing immediate assistance, we're committed to the long-term recovery of the communities impacted by this terrible tragedy," said Shannon Gerber, executive director of The Home Depot Foundation.

In addition to The Home Depot Foundation's financial support, The Home Depot's operations, supply chain, HR and merchandising teams have assembled a disaster response task force to move badly needed water, meals and other supplies into the region for local residents and the company's associates.

Team Rubicon, which is a long-standing partner of The Home Depot Foundation, is also using a local Home Depot store as its base camp while assisting local residents.

Through its Homer Fund employee assistance program, The Home Depot Foundation is also providing emergency funds to associates who themselves have been affected by the tragedy.