2010 ANNUAL REPORT - The Home Depot Foundation

2010 ANNUAL REPORT 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT


THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT

The Home Depot Foundation 

is dedicated to repairing and 

refurbishing homes 

and facilities that serve 

disadvantaged families 

and individuals. 

In 2011, the Foundation 

announced a special focus on 

serving veterans with a three 

year, $30 million initiative to 

address their housing needs. 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT 1

Fulfilling our Pledge 




Successes 

In 2007, the Foundation made a 10-year pledge to invest 

$400 million to build 100,000 homes. 

With the help of our associate-led volunteer program, Team Depot, and our 

partners, we met and exceeded that goal, six years ahead of schedule. At the 

end of 2010, the Foundation had supported the building of 150,000 homes in 

just four years. 

We are proud of the work we’ve done, but more importantly, we are thrilled 

that 150,000 families now have an affordable place to call home – and the 

resulting impact will last for years and even generations to come. 

We capped an incredible four years with a number of noteworthy 

accomplishments in 2010 alone: 

• Provided cash and in-kind donations exceeding $79.5 million 

($36.3 million cash; $43.3 million in-kind) to more than 5,600 nonprofit 

organizations nationwide. 

• Supported housing development organizations with grants for the creation 

and preservation of more than 7,500 affordable housing units. 

• Planted or restored more than 250,000 trees. 

• Donated more than $43 million in products from the 1,100 Home Depot 

stores to nonprofit partners impacting over 78,000 homes resulting in the 

diversion of 14,433 tons from landfills. 

• Matched more than $5 million in charitable contributions. 

• Built 33 KaBOOM! Playgrounds 




Nonprofit Partners 

The Home Depot Foundation’s success in building 150,000 

homes since 2007 is due largely to the strength and 

commitment of our nonprofit partners. 

We’ve had the privilege of working with many of the country’s leading housing 

non-profit organizations – Enterprise Community Partners, Habitat for Humanity 

International, Housing Assistance Council (HAC), NeighborWorks America and 

Local Initiatives Support Corporation (LISC) – to make a real difference for 

people, neighborhoods and communities – with a focus on building affordable 

homes that are healthy and energy efficient. 

When we first started, green building was not really part of the affordable 

building equation. Through our work with these incredible nonprofits, however, 

we’ve shown that making affordable housing healthy and environmentally 

friendly is a good near-term and long-term financial option. 

> Click to take a closer look at our partnership with Habitat for 

Humanity International. 

But we haven’t stopped at the lot line of the homes we’ve built with our 

partners. We’ve also invested in supporting the creation of sustainable cities 

through the Sustainable Cities Institute (SCI). SCI is proving that cities can 

successfully deal with financial, social and environmental issues facing them 

through thoughtful design, land use and construction. 

We wish our national partners continued success in their missions – building 

healthy homes for working families. 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT Fulfilling our Pledge 4


Featured Partner: Habitat for Humanity 

The Home Depot Foundation and Habitat for Humanity have worked 

together in many ways over the years, from coordinating volunteers to 

build homes to responding to natural disasters together. 

For instance, the Foundation and Home Depot suppliers worked with Habitat to produce 10,000 shelter kits for 

those affected by the 2010 earthquake in Haiti, and we sponsored the 25th Annual Jimmy and Rosalynn Carter 

Work Project, framing 48 homes along the Mississippi Gulf Coast. In addition, in just the last two years, we’ve 

worked closely with hundreds of local Habitat affiliates to fulfill their needs: 

• 115 affiliates have received $1 million in grants and gift cards from The Home Depot and 

The Home Depot Foundation. 

• More than 150 affiliates have received $8.5 million in donated product through our 

Framing Hope Product Donation Program. 

On a broader scale, The Home Depot Foundation and Habitat for Humanity International joined forces in 2008 to 

launch Partners in Sustainable Building, a five-year $30 million green building initiative aimed at helping Habitat 

affiliates in the United States incorporate sustainable building practices in 5,000 green homes. Selected Habitat 

affiliates are granted $3,000 for each home built to Energy Star standards and up to $5,000 for each home built 

to a higher green standard. 

During the partnership thus far, The Home Depot Foundation has worked with more than 175 Habitat affiliates to 

build 2,500 energy efficient, affordable homes. Behind these impressive numbers are the families whose lives have 

been changed by living in a healthy home that actually saves them money. It’s the experience of the families that 

motivates us: 

• A homeowner in Rushford, Minnesota reported that her heating bill averaged only $2.50 per day during January. 

• After months of 100+ degree summer temperatures, a homeowner in Grayson County, Texas reported that her 

highest electric bill was only $100. 

• In St. Louis, a homeowner saved so much in utility bills that she was able to purchase everything her children 

needed for the new school year, an annual expense she could not previously afford. 

Through Partners in Sustainable Building, The Home Depot Foundation and Habitat for Humanity have together 

proven that building homes that are efficient and healthy – homes that are “green” – makes financial sense, even 

for very low income families. In fact, we’ve shown that they are the families for whom it makes the most sense. 

It’s just common sense, good economics and good construction. 



Framing Hope 

The Framing Hope Product Donation Program, a collaborative 

effort of The Home Depot, The Home Depot Foundation and 

Gifts In Kind International, distributes unsold products and 

excess retail inventory to nonprofit organizations. 

Framing Hope matches The Home Depot stores with local nonprofit 

organizations that receive much needed home improvement supplies to support 

their charitable efforts. Many nonprofits use the donated materials to address 

housing needs of low-to-moderate income homeowners, veterans, seniors and 

others in need. An added benefit: these products are spared from landfills. 

Since the program began in 2008, we’ve donated $100 million of product, 

impacting 178,000 homes and diverting 35,000 tons of waste from landfills. 

> Click to read the press release. 

While the numbers are eye-opening, the nonprofits and the families helped tell 

the story best. 


Aprons in Action 



7


Team Depot 

If you’ve ever been in a Home Depot store, you know that our 

associates wear orange aprons. It’s become the iconic symbol 

of home improvement know how. But our associates aren’t just 

using their skills in our stores. They are volunteering their time 

and talents every day through Team Depot, our associate-led 

volunteer force. 

Centered around company store locations, Team Depot partners with local 

nonprofits to provide volunteer support and home improvement supplies to 

hundreds of community building projects annually. In 2010, Team Depot 

completed nearly 1,600 projects nationwide. 

Keep up with Team Depot’s community projects by visiting Aprons in Action on 

Facebook. You can help us decide which local nonprofit organizations should 

receive grants and volunteer support. 

> Go to facebook.com/homedepotfoundation to vote. 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT Aprons in Action 8


Celebration of Service 

For over 30 years, our associates have worked alongside their 

neighbors to make their communities a better place. From the 

time The Home Depot’s very first store opened in 1979, giving 

back to communities has been one of our core values. 

September is Celebration of Service month at The Home Depot, and last 

year’s theme was “30 Days of Green.” Team Depot volunteers completed 

more than 100 volunteer projects nationwide during the month. From building 

playgrounds to planting trees to refurbishing homes and community centers, 

Home Depot associates used their DIY talents to make a lasting physical impact 

in their communities. 

Each project followed simple green guidelines to reduce waste, use 

environmentally-friendly materials, use less water and reduce energy use on the 

day of the project and into the future. The goal was to ensure that what was left 

behind would continue to make a positive contribution to the local community 

for years to come. 



Supplier Events 

Each year, The Home Depot Foundation hosts several 

Community Building Invitationals, events designed specifically 

to allow the Company’s suppliers to volunteer alongside 

Home Depot associates to renovate and build homes. 

It’s a fun, yet truly meaningful, opportunity for suppliers and vendors to support 

the work of The Home Depot Foundation. In 2010, our Community Building 

Invitationals produced significant results: more than 40 homes were built, 

over three acres of yard were landscaped and entire neighborhoods were 

transformed. From Glidden, Bali and Cooper Lighting to Scotts, Weber 

and Coca Cola, our vendors are a very important part of the success of 

The Home Depot Foundation. 

In addition to rolling up their sleeves to help, more than 1,000 suppliers also 

contribute financially to the Foundation. Whether through a financial donation 

or time spent volunteering at a community project, their contributions are 

essential to our ability to accomplish our goals. 

> Click to view our donors. 


New Challenges 



11


New Focus 

The Home Depot has always supported the men and women 

who have fought for our country. In fact, we have almost 

36,000 veterans working for us and an estimated 1,500 

associates on military leave as they serve on active duty in 

our nation’s armed forces. 

That’s why it’s a natural fit for The Home Depot Foundation to 

focus on giving back to those who have given of themselves 

for our country. 

And we’ve decided to do it in a big way: over the next three 

years, we will donate $30 million to improve the homes and 

facilities that serve our nation’s veterans. 

> Click to learn more about our new focus. 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT New Challenges 12


Veterans at Risk 

The number of veterans who face critical housing needs is 

staggering. The statistics paint a compelling picture: 

• An estimated 136,334 veterans spent at least one night in a homeless 

shelter or transition housing program during 2009. 

(U.S. Dept. of H.U.D. / U.S. Dept. of Veterans Affairs) 

• Almost 43,000 military personnel have been wounded in Operations 

Enduring Freedom, Iraqi Freedom and New Dawn. (Department of Defense) 

• Over half (52%) of homeless veterans are disabled. 

(U.S. Dept. of H.U.D. / U.S. Dept. of Veterans Affairs) 

• January 2011, the jobless rate was 15.2% among young veterans of the 

wars in Iraq and Afghanistan. (Bureau of Labor Statistics) 

• In 2010, over 20,000 military members and veterans faced foreclosure, 

the highest number since 2003. (U.S. Dept. of Veterans Affairs) 

> Click to read more about the issues facing veterans today. 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT New Challenges 13


Our National Partners 

As we embark on our mission to help veterans, we’ve joined 

forces with the following nonprofit organizations to renovate, 

repair and modify homes for veterans and their families and to 

engage volunteers. 

Our initial partners in this effort are Fisher House Foundation, Volunteers of 

America and The Mission Continues, and we look forward to working with them 

to address the needs of veterans. 

Fisher House Foundation 

• Comfort houses for the families of veteran and active duty military patients 

receiving medical care at major military and Veterans Affairs medical centers. 

• Helped 12,000 families in 2010…an average stay of 45 to 60 days…saved 

families $16 million in lodging costs plus food and transportation expenses. 

> Click to learn more about our partnership. 

Volunteers of America 

• Affordable housing options for veterans and their families. 

• Helped 7,700 homeless veterans in 2010. 


The Mission Continues 

• Community service leadership opportunities for veterans. 

• 11,871 volunteers have served over 56,710 hours through The Mission 

Continues since 2007. 


> Click to read the press release. 



About Us 


About Us 

15

About Us 

Board of Directors 

Craig Menear, 

Chair 

Executive VP 

Merchandising 

Kelly Caffarelli, 

President 

The Home Depot 

Foundation 

Dominic Piccininni, 

Secretary 

Division 

Merchandising Mgr. 

Giles Bowman 

Senior Vice 

President, 

Merchandising 

Lyne Castonguay 

Vice President, 

Merchandising 

Christopher Duffy 

Vice President 

Labor Strategy 

Ron Jarvis 

VP, Merchandising 

& Environmental 

Innovation 

Jim Kane 

President 

Northern Division 

Brad Shaw 

VP, Corporate 

Communications & 

External Affairs 

Darryl Tieken 

Director 

Pro & Tool Rental, 


Board of Directors 

From front-line managers to executive vice presidents, Home Depot associates serve as the members of The Home Depot 

Foundation’s Board of Directors. To ensure a breadth of thought and expertise as they guide the company’s philanthropic 

and volunteer efforts, the Board’s membership is geographically, professionally and culturally diverse. 

THE HOME DEPOT FOUNDATION 2010 ANNUAL REPORT About Us 16

About Us 

Staff 

Kelly Caffarelli 

President 

Fred Wacker 

Director and Chief Operating Officer 

Katy Elder 

Senior Manager, Community Affairs 

Timothy Block 

Program Manager, 

Affordable Housing 

Sheriee Bowman 

Community Affairs Manager 


Sherry Caraway 


Western Division 

Kendall McCarthy 

Senior Manager, Events 

and Communications 

Catherine Woodling 

Public Relations and 

Communications Specialist 

Terri Morton 

Grants Administrator 

Nicole Cohee 

Grants Administrator 

Cheryl Bearden 

Administrative Assistant 

Darlene Pinkston 

Administrative Assistant 

Tyrene Hodge 


Southern Division 


About Us 

Supplier Advisory Committee 

The Home Depot Foundation’s Supplier Advisory 

Committee serves as a valuable resource in helping 

us reach our goals. As we strive to improve the 

homes of disadvantaged families, our suppliers’ 

and partners’ expertise in products, maintenance 

and construction, as well as their business acumen, 

is a core strength for the Foundation. Representing 

a wide spectrum of companies, departments 

and occupational strengths, we actively seek the 

guidance of our Supplier Advisory Committee as we 

plan and execute our events, our giving programs 

and the general direction of the Foundation. 

William Allen 

President & CEO 

Werner 

Mike Dawson 


Norbord Industries 

Tim Estenson 

President 

Estenson Logistics 

Gary Godek 


Closetmaid 

Len Gould 

President 

QEP 

John Herring 


LG Electronics 

Dave Lamie 


Milwaukee Tool 

Pete Lerma 

Principal 

Richards/Lerma & ClickHere 

Larry Repar 

Executive Vice President and COO 

Masonite International 

Erica Sedberry 

Senior Vice President 

The Brinkmann Corporation 

Brad Stoops 

Director of Retail Sales 

Watts Water Technologies 

Jack Truong 

Vice President, Sales 

Home Improvement Channel 

3M 

Kerry Vachon 

Vice President, Consumer Sales 

Philips 

Jim VanHandal 

Vice President, National Accounts 

Bayer 


About Us 

Donors 

Top 10 Corporate Donors in 2010 

2010 Corporate Donors 

Without the financial generosity of The Home Depot, the suppliers who fill the 

company’s shelves and of course the continued support of the public, we would 

not be able to improve the overall health and sustainability of our communities. 

Sharing in our commitment to give back to our communities, more than 

2,000 of The Home Depot suppliers and partners generously supported the 

Foundation in 2010. Whether a financial donation or time spent volunteering 

at a community project, their contributions are essential to the Foundation’s 

ability to accomplish its goals.

2010 ANNUAL REPORT - The Home Depot Foundation

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