“You take care of the customers, we’ll take care of you, and the rest will take care of itself” has become an iconic phrase for associates of The Home Depot and the values that make up the foundation of our company. In that same spirit, The Homer Fund was created to give back to our own and assist associates of The Home Depot who are facing financial hardships due to unforeseen tragedies.
The Homer Fund is a nonprofit charity that was established in 1999. The Fund is funded by associates of The Home Depot and is for associates of The Home Depot who have fallen on hard times. Whether it’s through providing shelter after natural disaster strikes, paying basic living expenses that fell behind due to an illness, or helping with the cost of burying a loved one, the Fund seeks to truly make a positive impact in the lives of our associates.
Since inception, The Homer Fund has assisted more than 55,000 associates and given out over $66 million dollars in financial assistance. Currently, more than $1 million dollars is awarded to associates in need on a monthly basis, and the Fund receives almost 1,000 requests each month from associates who are not able to pay their basic living expenses due to an unexpected occurrence. These requests are processed promptly; generally, between one - three business days from the receipt of the request.
In order to maintain our ability to assist all qualifying associates, The Homer Fund holds an annual campaign from March 1 through May 31. We are excited to report that as of the beginning of May, 74 percent of associates company-wide are donating to the Fund and 89 percent of all salaried associates are donors. If salaried participation reaches 90 percent by the end of the campaign, our CEO & Chairman, Frank Blake, will personally donate $250,000 to The Homer Fund. Donor participation for 2012 is on track to exceed last year’s participation totals and reach the highest company-wide percentage totals yet.
If you’re interested in finding out more about The Homer Fund’s grant programs and financial resources or associate participation in The Homer Fund Campaign, visit THDHomerFund.org.