The Homer Fund
Funded by associates to help associates,
The Homer Fund® provides emergency assistance
to our people. In 2019, more than 8,200 associates received Homer Fund grants collectively totaling over
$16 million. Associates can qualify for one or both of our Homer Fund programs.
• Direct Grants help associates face unforeseen hardships and tragic events, such as the death of a parent or child, natural disaster, illness or injury, a spouse’s layoff or company closure and more, up to $10,000.
• Matching Grants are a unique way the Fund recognizes the generosity of associates toward one another. When associates pass the hat for a co-worker in need, their money is matched by The Homer Fund — $2 for every $1 associates collect, up to $5,000 or the associate’s actual need.
As of mid-October 2020, associates had received more than $13 million in Homer Fund grants this year, including more than $1.6 million to assist with expenses related to COVID-19. Most grants related to the pandemic helped associates affected by a job loss in the family or the death of a loved one. As the pandemic persists, grants increasingly assist associates with essential household expenses resulting from the inability to work because of home-schooling children, loss of childcare and illness within their families.
+CHECK IT OUT: Meet an associate who was helped by The Homer Fund after an unexpected increase in the size of her family.
SCHOLARSHIPS FOR ASSOCIATES’ CHILDREN
The Homer Fund’s Orange Scholars program offers scholarships to qualified children or dependents of hourly associates based on financial need, academic performance, community involvement and leadership. Financial need is the highest consideration. From the Orange Scholars launch in 2006 through 2019, the program awarded scholarships to 13,000 recipients, totaling $32 million.
+DID YOU KNOW? More than 95% of Home Depot associates contribute to the Homer Fund. Every dollar they donate helps a fellow associate in need.