Thdf Ii Inc
- Assets
- $238.8m
- Revenue
- $122.4m
- Investments
- $6.9m
- Employees
- 42
- Location
- Atlanta, GA
- Founding
- 11/2000
- Data as of
- 01/2024
- EIN
- 58-2491657
Organization Overview
Thdf Ii Inc is located in Atlanta, GA. The organization was established in 2000. According to its NTEE Classification (P60) the organization is classified as: Emergency Assistance, under the broad grouping of Human Services and related organizations. As of 01/2024, Thdf Ii Inc employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Thdf Ii Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 01/2024, Thdf Ii Inc generated $122.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $99.3m during the year ending 01/2024. While expenses have increased by 5.1% per year over the past 8 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Thdf Ii Inc has awarded 1,535 individual grants totaling $400,257,728. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
THDF II, INC. HAS TWO DIVISIONS, THE HOMER FUND AND THE HOME DEPOT FOUNDATION. THE HOMER FUND PROVIDES FINANCIAL ASSISTANCE TO QUALIFYING HOME DEPOT ASSOCIATES AND THEIR FAMILIES IN THE FORM OF HARDSHIP GRANTS AND NEED BASED ACADEMIC SCHOLARSHIPS; THE HOME DEPOT FOUNDATION IS PRIMARILY DEDICATED TO IMPROVING HOUSING ISSUES FACED BY U.S. VETERANS, TRAINING SKILLED TRADESPEOPLE TO FILL THE LABOR GAP, SUPPORTING COMMUNITIES IMPACTED BY NATURAL DISASTERS AND OTHER CHARITABLE INITIATIVES.
Describe the Organization's Program Activity:
GRANTS TO HOME DEPOT EMPLOYEES TO PROVIDE FINANCIAL ASSISTANCE TO THOSE WHO HAVE SUFFERED AS A RESULT OF A CATASTROPHIC ILLNESS OR ACCIDENT OR WHO ARE VICTIMS OF A NATURAL DISASTER. IN 2023, THE HOMER FUND PROVIDED 8,341 GRANTS TO HOME DEPOT EMPLOYEES.
GRANTS TO NONPROFITS THAT ARE ADDRESSING HOUSING AFFORDABILITY ISSUES FOR U.S. VETERANS. GRANTS TO PARTNER ORGANIZATIONS TO DELIVER IMMEDIATE AID AND LONG-TERM REBUILDING SUPPORT TO U.S. COMMUNITIES IMPACTED BY NATURAL DISASTERS. GRANTS TO NONPROFITS PROVIDING INTRODUCTIONS AND TRAINING IN THE SKILLED TRADES TO U.S. VETERANS AND THEIR FAMILIES, AS WELL AS YOUNG PEOPLE IN UNDERSERVED COMMUNITIES.
PROVIDES SCHOLARSHIPS TO HOME DEPOT ASSOCIATES' CHILDREN BASED ON FINANCIAL NEED, ACADEMIC PERFORMANCE, COMMUNITY INVOLVEMENT AND LEADERSHIP. IN 2023, THDF PROVIDED 1,000 SCHOLARSHIPS TO HOME DEPOT EMPLOYEES' CHILDREN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Crystal Hanlon Chair And President | OfficerTrustee | 1 | $0 |
Scott Bomar Trustee | Trustee | 1 | $0 |
Stacy Ingram Trustee And Secretary | OfficerTrustee | 1 | $0 |
Shane Lord Asst. Secretary (until 1/29/2024) | Officer | 1 | $0 |
Shannon Gerber Executive Director (until 1/29/2024) | Officer | 40 | $272,859 |
John Ellington Treasurer | Officer | 40 | $208,474 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Accp Event Management | 1/30/24 | $1,159,684 |
Publicis Comm Collection Acct Event Management | 1/30/24 | $730,460 |
Bd&a Llc Promotions | 1/30/24 | $511,346 |
Leviosa Events Event Management | 1/30/24 | $509,669 |
Custom Images Promotions | 1/30/24 | $421,435 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $56,456,655 |
| Related organizations | $46,981,471 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,970,414 |
| Noncash contributions included in lines 1a–1f | $1,827,318 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $119,408,540 |
| Total Program Service Revenue | $0 |
| Investment income | $6,472,968 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $2,216,426 |
| Net Income from Fundraising Events | -$5,717,621 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $122,388,930 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $68,725,109 |
| Grants and other assistance to domestic individuals. | $19,135,049 |
| Grants and other assistance to Foreign Orgs/Individuals | $1,256,387 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $527,105 |
| Compensation of current officers, directors, key employees. | $270,536 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,918,027 |
| Pension plan accruals and contributions | $130,943 |
| Other employee benefits | $240,346 |
| Payroll taxes | $257,590 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,640 |
| Fees for services: Accounting | $167,839 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $488,471 |
| Fees for services: Other | $281,477 |
| Advertising and promotion | $2,336,209 |
| Office expenses | $348,616 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $259,707 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $99,345,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $91,622,125 |
| Pledges and grants receivable | $7,352,389 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $1,102,511 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $131,808,788 |
| Investments—other securities | $6,904,430 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,723 |
| Total assets | $238,812,966 |
| Accounts payable and accrued expenses | $200,304 |
| Grants payable | $51,632,882 |
| Deferred revenue | $3,129,736 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,731,881 |
| Total liabilities | $57,694,803 |
| Net assets without donor restrictions | $181,118,163 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $238,812,966 |
Grants Awarded
Over the last fiscal year, Thdf Ii Inc has awarded $53,904,358 in support to 186 organizations.
| Grant Recipient | Amount |
|---|---|
365 CONNECT INC PURPOSE: To assist local charities | $784,682 |
3DE NATIONAL LLC PURPOSE: To assist local charities | $400,000 |
AFFORDABLE HOUSING CDC INC PURPOSE: To assist local charities | $500,000 |
AGAPE YOUTH & FAMILY CENTER PURPOSE: To assist local charities | $20,000 |
AKRON-CANTON REGIONAL FOODBANK PURPOSE: To assist local charities | $10,000 |
AMERICAN JEWISH COMMITTEE PURPOSE: To assist local charities | $15,000 |