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Dayton Foundation Charitable Accounts Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 311330325 ✦ Dayton, OH ✦ Designated as a 501(c)(3)

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Overview

What is Dayton Foundation Charitable Accounts Inc?

Dayton Foundation Charitable Accounts Inc, located in Dayton, Ohio, serves as a donor-designated endowment fund established by the Dayton Foundation, a publicly supported community foundation. This supporting organization's primary mission is to raise funds and gifts from various contributors, such as individuals, corporations, businesses, groups, and associations. These contributions are then distributed exclusively for charitable purposes, aligning with the Section 501(C)(3) of the Internal Revenue Code and supporting the charitable objectives of the Dayton Foundation. In the past year, Dayton Foundation Charitable Accounts Inc approved 140 grants to 101 different charitable organizations from 20 funds.


Official website here: www.daytonfoundation.org

Is Dayton Foundation Charitable Accounts Inc legitimate?

Dayton Foundation Charitable Accounts Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dayton Foundation Charitable Accounts Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.daytonfoundation.org

What is the mission statement of Dayton Foundation Charitable Accounts Inc?

Dayton Foundation Charitable Accounts Inc, functioning as a supporting organization to the Dayton Foundation, is primarily focused on raising funds and gifts for charitable purposes. This is achieved by engaging interested individuals, corporations, businesses, groups, and associations. The funds raised are distributed exclusively for charitable purposes, adhering to the guidelines set by Section 501(C)(3) of the Internal Revenue Code. The organization's activities are aligned with the charitable purposes of the Dayton Foundation, thereby contributing to its mission. The Dayton Foundation Charitable Accounts Inc serves as a donor-designated endowment fund, supporting various charitable causes within the meaning of Section 501(C)(3).


Official website here: www.daytonfoundation.org

Who is the CEO of Dayton Foundation Charitable Accounts Inc?

Stephen D Darnell is the Governing Board Member of Dayton Foundation Charitable Accounts Inc.


Official website here: www.daytonfoundation.org

What is the revenue of Dayton Foundation Charitable Accounts Inc?

Dayton Foundation Charitable Accounts Inc's revenue in 2022 was $519,263.


Official website here: www.daytonfoundation.org

Who are the executives of Dayton Foundation Charitable Accounts Inc and what are their salaries?


Here are 23 key members and their salaries:


Rakesh Arora (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
David T Miller (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anita J Moore (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
J Norman Eckstein (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
L Tony Ortiz (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James R Pancoast (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
William L Gillispie (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lisa E Hanauer (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maureen A Lynch (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marva Cosby (Chair, Governing Board)
  • Compensation: $0
  • Related: $0
  • Other: $0
Thomas J Becker (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
George E Forest (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cassie Barlow (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janice L Culver (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Vaughn (Governing Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael M Parks (President/Secretary)
  • Compensation: $0
  • Related: $618,625
  • Other: $20,565
Stephen D Darnell (V.P. Finance)
  • Compensation: $0
  • Related: $138,585
  • Other: $15,478
Joseph B Baldasare (Chief Development Officer)
  • Compensation: $0
  • Related: $174,354
  • Other: $76
S Tracie Boshears (Assistant Treasurer)
  • Compensation: $0
  • Related: $67,470
  • Other: $4,063
Michelle Lovely (V.P. Development)
  • Compensation: $0
  • Related: $166,370
  • Other: $18,235
Jeanne S Holihan (Administration Vp)
  • Compensation: $0
  • Related: $170,401
  • Other: $216
Chris Smith (Vp Marketing & Public Rela)
  • Compensation: $0
  • Related: $121,050
  • Other: $6,502
Barbra Stonerock (Community Engagement)
  • Compensation: $0
  • Related: $136,375
  • Other: $531


Official website here: www.daytonfoundation.org

Where can I find the form 990 for Dayton Foundation Charitable Accounts Inc?

Dayton Foundation Charitable Accounts Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.daytonfoundation.org

Learn more at the official website: www.daytonfoundation.org

Mission Statement of Dayton Foundation Charitable Accounts Inc

Dayton Foundation Charitable Accounts Inc, serving as a section 509(a)(3) supporting organization to the Dayton Foundation, operates with a mission to raise funds and gifts of property from various individuals and organizations. This mission is carried out with the intention of distributing these funds exclusively for charitable purposes, aligning with the meaning of section 501(c)(3) of the Internal Revenue Code. The organization's activities are designed to support the charitable purposes of the Dayton Foundation, thereby contributing to the betterment of the community in a meaningful way. By engaging interested individuals, corporations, business organizations, groups, and associations, Dayton Foundation Charitable Accounts Inc seeks to make a positive impact through charitable contributions, thereby contributing to the overall mission of the Dayton Foundation.

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Impact




October, 2024

Dayton Foundation Charitable Accounts Inc significantly enhances philanthropic efforts within the community by facilitating the creation and management of donor-designated endowments. Through a robust fundraising structure, it gathers contributions from individuals, corporations, and organizations, ensuring these funds are allocated exclusively for charitable purposes. In a recent year, it approved 140 grants to 101 different charitable organizations, demonstrating a strong commitment to addressing various community needs and supporting a diverse range of initiatives. This impactful distribution of resources not only aids local charities but also strengthens the overall fabric of the Dayton community by empowering organizations dedicated to positive change. By operating as a supportive entity to the Dayton Foundation, it plays a crucial role in bolstering local philanthropy, fostering a culture of giving, and enhancing the quality of life for residents in the region.




This information is meant to be a general summary of Dayton Foundation Charitable Accounts Inc. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$519,263 (2022)
Expenses
$800,178 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $492,763
  • Gross Receipts: $519,263

Assets and Liabilities:

  • Total Assets: $6,007,611
  • Total Liabilities: $6,007,611
  • Net Assets: $0

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Organization Details

Founding Year

1991

Principal Officer

Stephen D Darnell

Main Address

1401 S MAIN STREET SUITE 100, DAYTON, OH, 45409

NTEE Category

Code: T11 - Philanthropy

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