COMMUNITY
FOUNDATION GIVING In 2022, the Advance Auto Parts Foundation continued to build onto its long-term strategy, expanding its giving in key areas and adding new nonprofit partners in important geographic markets. As a result, the Foundation more than tripled its giving this past year, becoming a more substantial philanthropic partner for Advance. MILITARY VETERANS
The U.S. is home to approximately 16.5 million veterans, making up about 6.4% of the nation’s adult population, according to 2021 Census data. Support of veteran nonprofits is one of the Advance Auto Parts Foundation’s key focus areas, and this past year the Foundation expanded that focus and structured it into a gifting portfolio focused on a broad range of veteran needs. Together with Advance’s suppliers, we donated more than $2 million to three worthy nonprofits in the areas of job search assistance, mental health services and housing for injured veterans. These included:
• Hire Heroes USA, which provides free job search assistance to U.S. military members, veterans and their spouses.
• Stop Soldier Suicide , which provides free, confidential, trauma-informed care to veterans and service members at the highest risk for suicide, with a goal of reducing the military suicide rate to civilian parity no later than 2030.
• Building Homes for Heroes , which provides new or renovated mortgage-free homes for wounded veterans and their families.
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2022 ADVANCE AUTO PARTS CORPORATE SUSTAINABILITY AND SOCIAL REPORT | 47
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