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Georgia · Nonprofit

THDF II Inc DBA The Home Depot Foundation & Homer Fund

THDF II Inc DBA The Home Depot Foundation & Homer Fund (Georgia) receives grants from 30 organizations whose IRS filings report $3,554,342 to it, the largest being THE MARCUS FOUNDATION INC ($600,000). 19 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2025
$111M
Funders on record
30
Grants received
$3.6M
Net assets
$212M
19/30 repeat funderspeak grant-dependency 1%
01What it does

What THDF II Inc DBA The Home Depot Foundation & Homer Fund does

Mission

The Homer Fund provides financial assistance to qualifying Home Depot associates and their families in the form of hardship grants and need based academic scholarships; The Home Depot Foundation is primarily dedicated to improving housing issues faced by U.S. veterans, training skilled tradespeople to fill the labor gap, supporting communities impacted by natural disasters and other charitable initiatives.

As stated on its FY2025 Form 990.

Programs

  1. Grants to Home Depot employees to provide financial assistance to those who have suffered as a result of a catastrophic illness or accident or who are victims of a natural disaster. In 2024, The Homer Fund provided 11,706 grants to Home Depot employees.

    $18,661,079 spentof which $17,206,785 as grants
    20% of program spending
  2. Grants to nonprofits that are addressing housing affordability issues for U.S. veterans. Grants to partner organizations to deliver immediate aid and long-term rebuilding support to U.S. communities impacted by natural disasters. Grants to nonprofits providing introductions and training in the skilled trades to U.S. veterans and their families, as well as young people in underserved communities.

    $74,367,595 spentof which $70,197,870 as grants
    78% of program spending
  3. Provides scholarships to Home Depot associates' children based on financial need, academic performance, community involvement and leadership. In 2024, THDF provided 1,000 scholarships to Home Depot employees' children.

    $2,293,725 spentof which $2,234,500 as grants
    2% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $95,322,399.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($80M) Expenses 100 ($73M) Net assets 100 ($63M)2018 Revenue 110 ($88M) Expenses 106 ($77M) Net assets 124 ($78M)2019 Revenue 113 ($90M) Expenses 110 ($80M) Net assets 134 ($84M)2020 Revenue 118 ($94M) Expenses 116 ($84M) Net assets 160 ($101M)2021 Revenue 137 ($110M) Expenses 101 ($73M) Net assets 231 ($145M)2022 Revenue 127 ($102M) Expenses 116 ($84M) Net assets 265 ($167M)2023 Revenue 127 ($102M) Expenses 140 ($102M) Net assets 237 ($149M)2024 Revenue 153 ($122M) Expenses 137 ($99M) Net assets 288 ($181M)2025 Revenue 139 ($111M) Expenses 137 ($100M) Net assets 336 ($212M)
'17'18'19'20'21'22'23'24'25
Revenue (139)Expenses (137)Net assets (336)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2023 to 2024, from $187M to $239M (+28%).

$78M
$99M
$113M
$136M
$179M
$203M
$187M
$239M
$267M
'17'18'19'20'21'22'23'24'25
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
2025
ContributionsProgram revenueInvestmentOther

88% of THDF II Inc DBA The Home Depot Foundation & Homer Fund’s revenue is contributions — more donation-reliant than the typical peer (17% for the typical peer).

This organization
Typical peer · 264 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.

$7.3M
’17
$11M
’18
$10M
’19
$9.7M
’20
$37M
’21
$17M
’22
$69k
’23
$23M
’24
$11M
’25
6.4
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Chief executive

Erin Izen

Executive Director

Board chair

Crystal Hanlon

Chair and President

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24'25
Listed131313131313131415
Joined·+2+1+1+1+0+1+6+5
No longer listed·21110154
03Who funds it

Who funds it, year by year

2017 → 2023: the base broadened from 6 funders to 15 funders, grant income rose $346k → $735k.

14 of 30 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 53% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of THDF II Inc DBA The Home Depot Foundation & Homer Fund’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

THDF II Inc DBA The Home Depot Foundation & Homer Fund has a broad base — no single funder exceeds 17% of grant income, and it takes 4 funders to reach half.

the vertical line marks half of all grant income — 4 funders to its left

61% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund THDF II Inc DBA The Home Depot Foundation & Homer Fund.

17%
largest funder
44%
top three
~10
effective funders

Largest funder’s share by year: 2017 68% · 2018 56% · 2019 55% · 2020 61% · 2021 39% · 2022 32% · 2023 34% — diversifying over time.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

27% of THDF II Inc DBA The Home Depot Foundation & Homer Fund's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y+6y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

53% of THDF II Inc DBA The Home Depot Foundation & Homer Fund's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $1.7M that is directly attributable, 61% of it comes from Georgia funders.

IL
NY
NJ
CA
MO
DE
GA
FL

In-state vs out-of-state, by year

’17
’18
’19
’20
’21
’22
’23
Georgia out of state home

Funder states come from each funder’s own filing. $1.9M arriving through sponsors registered in 11 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

THDF II Inc DBA The Home Depot Foundation & Homer Fund runs a healthier operating margin than three-quarters of the 178 human services nonprofits its size.

Operating margin10% · top quartile
Months of reserve6.4mo · top quartile
Revenue growth (annualized)4% · bottom quartile

this organization peer median middle 50% of peers· 178 human services nonprofits over $100M, FY2025

Organizations like THDF II Inc DBA The Home Depot Foundation & Homer Fund

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Georgia

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

95% of spending goes to programs.

Program 95%Management 3%Fundraising 1%

Governance

3
board members
0%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990✓Audited financials

Public support

54%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 37 states

AK
ME
NH
WA
ND
MN
IL
WI
MI
NY
MA
OR
NV
OH
PA
NJ
CT
RI
CA
CO
KY
WV
VA
MD
NM
KS
AR
TN
NC
SC
DC
HI
OK
MS
AL
GA
FL

Part of a family of 1 related entity

  • The Home Depot Inc · corp_trust

Screen this organization

A dated, signed PDF of the compliance screen for THDF II Inc DBA The Home Depot Foundation & Homer Fund: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds THDF II Inc DBA The Home Depot Foundation & Homer Fund?
THDF II Inc DBA The Home Depot Foundation & Homer Fund (Georgia) receives grants from 30 organizations whose IRS filings report $3,554,342 to it, the largest being THE MARCUS FOUNDATION INC ($600,000). 19 of them have funded it in more than one year, and 53% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does THDF II Inc DBA The Home Depot Foundation & Homer Fund have?
IRS filings report 30 organizations giving $3,554,342 in grants to THDF II Inc DBA The Home Depot Foundation & Homer Fund, 19 of which have funded it in more than one year.
Who is the largest funder of THDF II Inc DBA The Home Depot Foundation & Homer Fund?
THE MARCUS FOUNDATION INC is the largest funder on record, with $600,000 in grants. The full list of funders is on this page.
How can an organization like THDF II Inc DBA The Home Depot Foundation & Homer Fund find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Georgia. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 30 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing