Donations Exceed $74M to Over 5,000 Nonprofits
Published 02-02-10
Submitted by Home Depot Foundation
The Home Depot® Foundation today announced its 2009 fiscal and community impact results. In addition, the Foundation provided a status update on its ten-year commitment to invest $400 million to build and rehabilitate 100,000 affordable homes and to plant and restore three million trees.
2009 Fiscal and Community Impact Results
The Home Depot Foundation's mission is to support nonprofit organizations and associate volunteer programs that are dedicated to helping families thrive by creating and preserving healthy, affordable homes as the cornerstone of sustainable communities. In 2009, the Foundation provided cash and in kind donations exceeding $74 million to more than 5,300 nonprofit organizations.
Structured grant programs and volunteer activities focused on building affordable, green housing and community gathering places, like parks and centers, make up the majority of the Foundation’s giving. Accomplishments in this area in 2009 include:
During 2009, The Home Depot Foundation also expanded its Framing Hope program to more than 1,000 of The Home Depot's retail stores. Framing Hope is a unique donation program that saves discontinued and clearance merchandise from going into landfills and puts it in the hands of local nonprofit organizations where it can make a huge impact. In 2009, the Company was able to donate $37 million in product to 1,600 nonprofit organizations, the majority of which focus on building and maintaining affordable housing for working families and community shelters. As a result, 12,500 tons of usable products were diverted from landfills and put to good use in the community. Learn more about Framing Hope at http://thd.giftsinkind.org/homedepot/.
Long-Term Commitment Update
In 2007, The Home Depot Foundation made a ten-year commitment to invest $400 million to build and rehabilitate 100,000 affordable homes and to plant and restore three million trees. In just three short years, the Foundation has made a great deal of progress, investing $162.6 million (cash and in kind) as well as building and preserving 50,000 homes and planting over 600,000 trees in our communities.
Examples of the outcomes of this long-term investment include:
About The Home Depot Foundation
Established in 2002, The Home Depot Foundation focuses on supporting nonprofits that are dedicated to creating and preserving healthy, affordable homes as the cornerstone of sustainable communities where families can thrive.
For more information about the Foundation:
The Home Depot Foundation is a 501(c)(3) organization that was established in 2002 to further the community building goals of The Home Depot by providing additional resources to assist nonprofit organizations.
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