Home Depot Foundation

What Home Depot Foundation does

The Home Depot Foundation is a 501(c)(3) nonprofit charitable organization established in 2011 and wholly supported by The Home Depot (NYSE: HD), the world's largest home improvement retailer. The Foundation pursues three programmatic pillars: (1) veteran housing support, with more than $650 million invested and 70,000+ veteran homes and facilities improved since 2011, and a $750 million pledge by 2030; (2) disaster preparedness and long-term recovery, deploying multi-million-dollar annual grants to nonprofit partners plus product donations and on-the-ground volunteer support; and (3) skilled trades workforce development through the Path to Pro program, a $50 million commitment launched in 2018 that has introduced 245,000+ people to construction trades. The Foundation's economic engine is grant-making rather than product sales: it disburses funds to vetted nonprofit partners (Habitat for Humanity, Team Rubicon, Operation Blessing, Boys & Girls Clubs of America, Home Builders Institute, SkillPointe Foundation, Folds of Honor, Keep America Beautiful, Convoy of Hope, American Red Cross, among others) and coordinates an emergency-response Command Center in Atlanta that activates during major disasters.

The Foundation's operating model is structurally differentiated by its parent company's infrastructure. It draws on a 475,000-associate volunteer force (Team Depot) that has worked with nearly 15,000 nonprofits and completes an average of five projects per day, plus The Home Depot's 2,000+ U.S. retail stores, supply chain, and product inventory for rapid in-kind deployment. The Foundation maintains a small core staff led by Executive Director Erin Izen, is headquartered at The Home Depot's Store Support Center in Atlanta, and extends operations across the U.S., Canada, Mexico, and increasingly the Caribbean (Jamaica, Haiti, Bahamas) in response to major disasters such as Hurricane Melissa.

Commercially, the Foundation has no traditional revenue model: it does not sell products or services, charge fees, or earn interest on grant capital. It is funded entirely by contributions from The Home Depot and deploys those contributions as grants, product donations, and program investments. Its go-to-market is therefore not sales-led but partnership-led, with value delivered through curated nonprofit partner ecosystems rather than direct end-user relationships. Recent multi-year commitments ($750M for veterans by 2030, $50M for Path to Pro by 2028, $10M for youth trades, $5.5M annual disaster preparedness round) imply a sustained annual grant-making cadence in the tens of millions of dollars, with no external fundraising, investment, or equity-financing activity.

Name

Home Depot Foundation

Legal name

Home Depot Product Authority, LLC

Website

https://corporate.homedepot.com

Company type

Private

Founded year

2011

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

The Home Depot Foundation is a 501(c)(3) nonprofit funded by The Home Depot that grants to nonprofit partners for veteran housing, disaster preparedness and recovery, and skilled trades workforce development, having invested more than $650 million in veteran causes since 2011.

Ownership category

akta.pro rank

Product category

Charitable Foundation

NAICS

Grantmaking and Giving Services (81321), Civic and Social Organizations (813410), Other Community Housing Services (624229)

SIC

Services-Social Services (8300), Services-Membership Organizations (8600)

akta.pro primary industry

Private Foundations (BPAGAKAA)

akta.pro secondary industries

Affordable Housing & Community Development (Housing, Community Land Trusts) (BPAGALAC), Capacity Building & Nonprofit Infrastructure Funders (BPAGAKAO), Environmental & Climate Grantmaking Foundations (BPAGAKAM)

Keywords

• Veteran housing grants
• Disaster relief funding
• Skilled trades training
• Workforce development grants
• Nonprofit foundation grants

Headquarters

HQ city

Atlanta

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Others, Personnel, Operations, Marketing or Sales

Revenue model

1. Foundation Grants and Philanthropy: The Home Depot Foundation receives funding contributions from The Home Depot (parent company, NYSE: HD) and distributes them as grants to nonprofit partners supporting veteran causes, disaster relief, and workforce development. Since 2011, the Foundation has invested more than $650 million in veteran causes.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The Home Depot Foundation is a nonprofit charitable foundation that provides grants and program funding to nonprofit partners supporting three causes: improving homes and lives of U.S. veterans, supporting communities impacted by natural disasters, and training the next generation of skilled tradespeople. It distributes capital from its parent company The Home Depot (NYSE: HD) through vetted nonprofit partners who deliver services to end beneficiaries, while leveraging Team Depot, a 475,000-associate volunteer force, for on-the-ground disaster response and community service.

Product overview

The Home Depot Foundation is a nonprofit organization supported by The Home Depot that focuses on improving homes and lives of U.S. veterans, supporting communities impacted by natural disasters, and training skilled tradespeople. Its Path to Pro program ($50 million commitment) provides education grants, scholarships through SkillPointe Foundation and Folds of Honor, and partnerships with organizations like Home Builders Institute, Team Rubicon, and Boys & Girls Clubs of America. The Foundation also administers substantial disaster relief grants ($5.5 million+ annually) to partners including Habitat for Humanity, Team Rubicon, and Operation Blessing, along with associate volunteer program Team Depot. The main company, The Home Depot, operates as a retail platform offering physical stores, digital tools (Magic Apron AI assistant, Material List Builder AI, Blueprint Takeoffs), Pro loyalty program (Pro Xtra), delivery services, and tool rental. The product portfolio includes AI-powered tools for customer service and professional contractor support, workforce development programs, disaster relief initiatives, and community engagement programs.

Differentiator

Problem solved

Functional benefit

Brands

• Path to Pro: Workforce development initiative focused on training the next generation of skilled tradespeople, including education grants, scholarships, and partnerships with organizations like Home Builders Institute, SkillPointe Foundation, and Folds of Honor.

Products and services

• Path to Pro Program A $50 million commitment program providing free certification programs, youth engagement initiatives, entry-level training, and Path to Pro Network for job placement. Partners with Home Builders Institute, SkillPointe Foundation, and Folds of Honor to address the projected 4.1 million construction job shortage by 2031.
• Path to Pro Education Grants Grants of up to $10,000 available to eligible K-12 schools, community colleges, and nonprofit organizations with existing construction skilled trades programs. Part of the broader $50 million Path to Pro initiative.
• Path to Pro Scholarships Scholarships for students pursuing construction-related careers, awarded through partnerships with SkillPointe Foundation and Folds of Honor. Includes Path to Pro Southern California Support Scholarship ($2,500 awards for students within 60 miles of Los Angeles).
• Team Depot The Home Depot's associate volunteer force that improves homes and lives of veterans and helps communities affected by natural disasters. Since 2011, has worked with nearly 15,000 nonprofits completing an average of five projects per day.
• Disaster Relief Program Comprehensive disaster preparedness and recovery initiative including grants to nonprofit partners for immediate relief, long-term recovery, and fortification efforts. Supports Habitat for Humanity, Team Rubicon, Operation Blessing, and other organizations with $5.5 million+ annual investments.

Quantifiable outcome

• Over $650 million invested in veteran causes since 2011
• +4 more outcomes

Named customers9 records

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability9 records

Feature2 records

Partnerships

20 partnerships are on record, tiered significant, core, major and minor.

• CAL FIREsignificantStrategic or Co-development Partner · 1 June 2026First-of-its-kind collaboration providing wildfire readiness tools and in-store signage in 50 California stores across 22 counties. Partnership helps residents identify home hardening products and wildfire mitigation strategies.
• U.S. Soccer / Soccer Forward FoundationsignificantGTM or Marketing Partner · 1 June 2026$250,000 donation to support youth programs across greater Los Angeles region coinciding with U.S. Men's National Team's FIFA World Cup 2026 opener. Supports soccer programming, workforce development, and community-based Club programs.
• Habitat for Humanity InternationalcoreStrategic or Co-development Partner · 21 May 2026Community resilience and fortification efforts including home repairs and rehabilitations in Augusta, Georgia; Lafayette, Louisiana; and Planada, California, plus new home construction in California and Northwest Iowa. The Foundation's 'last out' philosophy ensures long-term commitment to recovery.
• Team RubiconcoreStrategic or Co-development Partner · 21 May 2026Response efforts to train 8,000 volunteers and long-term recovery work through completion of 100 home repairs. Team Rubicon provides disaster response volunteers who receive skilled trades training through Home Builders Institute (HBI) PACT credentials.
• Operation BlessingcoreStrategic or Co-development Partner · 21 May 2026Design and completion of mobile 'energy hub' trailer where community members can access WiFi and charge power tools and other devices during disaster recovery.
• Federal Alliance for Safe Homes (FLASH)significantStrategic or Co-development Partner · 21 May 2026Development of 'Strong Homes' program designed to train nonprofit construction managers in FORTIFIED Gold standards and resilient building practices.
• HomeAid HawaiisignificantStrategic or Co-development Partner · 21 May 2026Partnership for maintenance of a 450-unit housing complex for those who lost their homes during the 2023 Lahaina wildfire.
• InspiritussignificantStrategic or Co-development Partner · 21 May 2026Establishment of centrally located warehouse in South Georgia and specialized training for volunteers to lead immediate response and long-term recovery efforts.
• American Red CrossmajorStrategic or Co-development Partner · 21 May 2026Foundation grant to support ongoing disaster response and long-term recovery efforts.
• Convoy of HopemajorStrategic or Co-development Partner · 21 May 2026Foundation grant for purchasing bulk food and distributing to those in need during disaster response.
• Appalachia Service ProjectminorStrategic or Co-development Partner · 21 May 2026Foundation grant for pre-positioning supplies for immediate response operations.
• Keep America BeautifulsignificantStrategic or Co-development Partner · 24 April 2026$250,000 funding to expand RETREET post-disaster tree-planting program. Will support planting of more than 1,000 trees across Louisiana, Ohio, Oklahoma, and Texas to help communities recover from hurricanes, tornadoes, fires, and other catastrophic events.
• World Central KitchenmajorStrategic or Co-development Partner · 1 October 2025Partnership with local chefs for emergency meal distribution in Jamaica, Haiti, and the Bahamas following Hurricane Melissa.
• Schneider ElectricminorGTM or Marketing Partner · 3 September 2025Invested $100,000 in The SkillPointe Foundation for $3,000 grants to individuals in building energy management and automation fields. Both companies investing in skilled trades training programs.
• Carrier Global Corp.minorGTM or Marketing Partner · 3 September 2025Investing in apprenticeship and training programs alongside Home Depot Foundation to address anticipated workforce demand in HVAC-R, electrical, and plumbing occupations.
• Boys & Girls Clubs of AmericacoreStrategic or Co-development Partner · 21 August 2025$1 million partnership as part of $10 million youth skilled trades training initiative. Two-year pilot program in Atlanta, Phoenix, and Houston targeting over 1,000 young people to introduce them to construction careers.
• Home Builders InstitutecoreStrategic or Co-development Partner · 20 September 2024Pre-apprenticeship certifications extended to nearly 2,000 high school students. Partnership provides trades training in Atlanta, Philadelphia, Oakland, and Las Vegas with over $500,000 in funding.
• SkillPointe FoundationmajorStrategic or Co-development Partner · 20 September 2024Over $1 million to award more than 300 scholarships to students pursuing construction careers. National scholarship program part of Path to Pro initiative.
• Folds of HonormajorStrategic or Co-development Partner · 20 September 2024Scholarships provided through Path to Pro program to family members of fallen or disabled military personnel pursuing skilled trades education.
• 100 Black Men of America, Inc.significantStrategic or Co-development Partner · 20 September 2024Trades training partnership providing skilled labor training in Atlanta, Philadelphia, Oakland, and Las Vegas in collaboration with Home Builders Institute.

Scale indicators18 records

Recent moves7 records

Expansion highlights5 records

Direct peers

• Ford Foundation: Ford Foundation is one of the largest U.S. private foundations, focusing on inequality, social justice, and community development. It is comparable as a large-scale grantmaking entity addressing structural community and economic issues, though broader in scope than Home Depot Foundation.
• Walmart Foundation: Walmart Foundation is the charitable arm of Walmart Inc. (NYSE: WMT) and focuses on workforce development, disaster relief, and economic opportunity for low-income communities. It shares the corporate-foundation model and comparable scale of community impact investment.
• JPMorgan Chase Foundation: JPMorgan Chase's philanthropic arm invests billions annually in workforce development, community development, and small business growth. It operates a similar corporate-foundation structure with multi-hundred-million-dollar multi-year commitments aligned with Home Depot Foundation's approach.
• Lowe's Foundation: Lowe's Foundation is the charitable arm of Lowe's Companies (NYSE: LOW), Home Depot's primary retail competitor. Like Home Depot Foundation, it focuses on skilled trades training, community improvement, and disaster response, making it the most directly comparable peer.
• Wells Fargo Foundation: Wells Fargo Foundation is the charitable arm of Wells Fargo (NYSE: WFC) and has a strong focus on housing affordability, veteran support, and small business / workforce development. Comparable to Home Depot Foundation on the housing/veteran focus dimension.
• Pritzker Military Foundation: Pritzker Military Foundation focuses on veteran support, military families, and veteran employment pathways. Comparable to Home Depot Foundation's veteran housing and family support initiatives, though at a smaller scale and without a corporate retail backbone.
• Caterpillar Foundation: Caterpillar Foundation focuses heavily on skilled trades and technical education, addressing workforce gaps in construction and heavy equipment industries. It shares Home Depot Foundation's construction/skilled trades workforce mission and corporate-backbone structure.

Others

• Team Rubicon: Team Rubicon is a veteran-led disaster response nonprofit and a major Home Depot Foundation grantee, delivering skilled-volunteer disaster response and now training veterans in skilled trades through PACT credentials. Comparable as a delivery partner rather than peer funder.
• Habitat for Humanity International: Habitat for Humanity is a major Home Depot Foundation partner and the largest U.S. nonprofit addressing affordable housing, including veteran-specific programs. It is comparable as a delivery-channel nonprofit rather than a direct competitor, and key beneficiary of Foundation grants.

Broad incumbents

• Bill & Melinda Gates Foundation: The Gates Foundation is the largest U.S. private foundation, operating at much greater scale (~$70B endowment) and broader scope (global health, education, poverty) than Home Depot Foundation. Relevant as a peer in the large-foundation space but not directly competitive for grants.

Market position

Strengths4 records

Weaknesses4 records

Competitive moat5 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/homedepot
• YouTubeyoutube.com/user/homedepot
• Facebookfacebook.com/homedepot
• LinkedInlinkedin.com/company/the-home-depot
• Instagraminstagram.com/homedepotfoundation
• Pinterestpinterest.com/homedepot

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments5 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Home Depot Foundation