Overview
What is Dayton Masonic Foundation?
The Dayton Masonic Foundation is a nonprofit organization situated in Dayton, Ohio, specifically at 525 Riverview Ave. Their primary focus is on preserving historical sites, making charitable contributions, awarding college scholarships, and engaging in patriotic activities. The foundation is dedicated to preserving historical sites, contributing to various charities, and recognizing deserving students through college scholarship awards. Additionally, they participate in patriotic activities to uphold and honor their community's values.
Official website here: www.daytonmasonicfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97%
The Dayton Masonic Foundation has achieved a remarkable Four-Star out of Four Star rating from Charity Navigator, reflecting a strong commitment to accountability and financial health. With an overall score of 97%, the foundation excels particularly in its transparency and governance practices, which are evidenced by its fully independent board and well-documented policies, including conflict of interest and whistleblower protections.
The foundation demonstrates effective financial management, showcasing a low liabilities to assets ratio of 15.05%, indicating solid fiscal stability. Furthermore, a significant portion of its expenses—76.72%—is allocated directly to programs, highlighting a focus on fulfilling its mission rather than administrative overhead.
While the foundation shows no material diversion of assets, which is commendable, the rating is solely based on financial accountability. Potential donors may want to seek additional information on the foundation’s programs and impact to gain a comprehensive understanding of its effectiveness in delivering services.
This AI summary has been generated from information found on Charity Navigator.
Is Dayton Masonic Foundation legitimate?
Dayton Masonic Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dayton Masonic Foundation 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:
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Official website here: www.daytonmasonicfoundation.org
What is the mission statement of Dayton Masonic Foundation?
The Dayton Masonic Foundation's mission is centered around preserving historical sites, making charitable contributions, awarding college scholarships, and engaging in patriotic activities. They strive to protect and maintain historical sites, while also providing financial aid through charitable donations and scholarships. Furthermore, the foundation demonstrates its patriotism through various activities.
Official website here: www.daytonmasonicfoundation.org
Who is the CEO of Dayton Masonic Foundation?
Ronald Connelly is the Principal Officer of Dayton Masonic Foundation.
Official website here: www.daytonmasonicfoundation.org
What is the revenue of Dayton Masonic Foundation?
Dayton Masonic Foundation's revenue in 2022 was $5,014,364.
Official website here: www.daytonmasonicfoundation.org
Who are the executives of Dayton Masonic Foundation and what are their salaries?
Here are 11 key members and their salaries:
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Official website here: www.daytonmasonicfoundation.org
Where can I find the form 990 for Dayton Masonic Foundation?
Dayton Masonic Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.daytonmasonicfoundation.org
Learn more at the official website: www.daytonmasonicfoundation.org
Mission Statement of Dayton Masonic Foundation
The Dayton Masonic Foundation is an organization dedicated to a multifaceted mission. At its core, it focuses on the preservation of historical sites. Beyond this, the foundation is also committed to making charitable contributions and awarding college scholarships. Furthermore, it engages in patriotic activities, contributing to various causes and initiatives that celebrate and uphold the values and spirit of patriotism. In essence, the Dayton Masonic Foundation seeks to preserve history, support education, and promote patriotism through its charitable endeavors.
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Impact
October, 2024
The Dayton Masonic Foundation plays a significant role in enhancing local heritage and supporting education through various initiatives. It focuses on historical site preservation, ensuring that important landmarks in Dayton are maintained for future generations. Their commitment to charitable contributions supports a wide array of community needs, while college scholarship awards aid students in pursuing their educational goals. Additionally, the foundation is active in promoting patriotic activities, fostering a sense of community pride and involvement. Overall, the foundation’s impact is felt profoundly in education, preservation of history, and community engagement in Dayton, Ohio.
This information is meant to be a general summary of Dayton Masonic Foundation. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $34,319
- Gross Receipts: $6,178,267
Assets and Liabilities:
- Total Assets: $5,998,705
- Total Liabilities: $941,201
- Net Assets: $5,057,504
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Organization Details
Founding Year
1993
Phone
(937) 224-1011Principal Officer
Ronald Connelly
Main Address
525 RIVERVIEW AVE, DAYTON, OH, 454054702
NTEE Category
Code: B82Z - Education
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