Lowe's Foundation

The Lowe's Foundation operates as a dedicated philanthropic arm of Lowe's, primarily focused on tackling the critical skilled labor deficit across the United States. Its core mission is to empower and prepare the next generation of skilled trades professionals, with an ambitious goal to prepare 50,000 people for careers in fields such as HVAC, plumbing, electrical, carpentry, and appliance repair by 2025. This strategic focus aims to strengthen the national workforce, support economic growth, and ensure a robust pipeline of essential tradespeople.

A cornerstone of the Lowe's Foundation's commitment is its Gable Grants program, a significant five-year initiative backed by a $50 million investment. Through this program, the Foundation strategically partners with and provides financial support to community and technical colleges, as well as various nonprofit organizations dedicated to skilled trades education and training. These partnerships are crucial for developing comprehensive training programs, providing scholarships, and offering hands-on experience that prepares individuals for successful careers in high-demand trades.

The Foundation has already demonstrated its impact through substantial funding rounds. For instance, its inaugural round of grants distributed nearly $8 million to 11 community and technical colleges and skilled trades organizations nationwide. These grants typically range from $250,000 to $1 million per organization, reflecting a substantial commitment to each recipient's capacity to make a meaningful difference. By investing in these educational and training entities, the Lowe's Foundation plays a vital role in bridging the skills gap and fostering a sustainable future for the skilled trades industry.