Overview
What is The Dayton Foundation?
The Dayton Foundation, established in 1921, is a Dayton, Ohio-based community foundation committed to enhancing the quality of life in the Dayton/Miami Valley region. As a charitable organization, it functions as a philanthropic vehicle for individual, family, organization, and corporate giving. Its mission, as stated in Section 501(C)(3) of the Internal Revenue Code, is to operate exclusively for charitable, scientific, or educational purposes. The organization employs approximately 60 individuals and grants funds to 501(C)(3) organizations to foster positive change and improvement within the community.
Official website here: www.daytonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 95%
The Dayton Foundation holds a strong Four-Star out of Four Star rating from Charity Navigator, indicating high performance in accountability and finance as well as leadership and adaptability. The foundation excels with a perfect score in leadership, showcasing its effective governance and strategic oversight. Its financial health is also commendable, with a program expense ratio of over 85%, suggesting a substantial portion of funds is directed toward its charitable programs.
User reviews reflect a broadly positive sentiment, highlighting the foundation's role as a trusted community partner and effective problem-solver. Many reviewers praise its ability to facilitate impactful giving and strengthen community ties. The Dayton Foundation is recognized for its integrity and stewardship, significantly contributing to local charitable efforts and scholarship programs.
However, there are some concerns noted in user feedback, particularly regarding adherence to donor wishes. One review expressed dissatisfaction with the foundation's recent decision not to follow specific guidelines for scholarship distributions. While this points to potential challenges in communication or policy changes, overall, The Dayton Foundation continues to be seen as a vital resource for the Dayton community.
This AI summary has been generated from information found on Charity Navigator and Great Nonprofits.
Is The Dayton Foundation legitimate?
The Dayton Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Dayton 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:
Executive Compensation: $956,912
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,145,603
For more financial information, click here
Official website here: www.daytonfoundation.org
What is the mission statement of The Dayton Foundation?
The Dayton Foundation, established in 1921, functions as a community foundation dedicated to enhancing the quality of life in various charitable, scientific, and educational sectors. It serves as a platform for individual, family, organizational, and corporate charitable giving within the community. The organization's mission is to contribute to charitable causes, adhering to the guidelines set by Section 501(c)(3) of the Internal Revenue Code. The Dayton Foundation grants funds to designated 501(c)(3) organizations to support their initiatives.
Official website here: www.daytonfoundation.org
Who is the CEO of The Dayton Foundation?
Stephen D Darnell is the Governing Board Member of The Dayton Foundation.
Official website here: www.daytonfoundation.org
What is the revenue of The Dayton Foundation?
The Dayton Foundation's revenue in 2022 was $86,220,290.
Official website here: www.daytonfoundation.org
Who are the executives of The Dayton Foundation and what are their salaries?
The average compensation at The Dayton Foundation during 2022 was $51,709. There are 60 employees and 10 volunteers at The Dayton Foundation.
Here are 23 key members and their salaries:
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- Other: $6,502
- Compensation: $136,375
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- Other: $531
Official website here: www.daytonfoundation.org
Where can I find the form 990 for The Dayton Foundation?
The Dayton Foundation'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 The Dayton Foundation
The Dayton Foundation, established in 1921, serves as a vital force for charitable giving in the Dayton/Miami Valley region. With a mission to strengthen the community, this organization operates exclusively for charitable, scientific, and educational purposes, as defined by Section 501(c)(3) of the Internal Revenue Code. By providing designated and advised grants to eligible organizations, The Dayton Foundation plays a crucial role in enhancing the quality of life in the community.
Incorporated with a commitment to philanthropy and leadership, The Dayton Foundation has been a beacon of hope for over a century. Its primary goal is to address the changing needs of the community, ensuring a positive impact on the lives of individuals within it. Through its charitable endeavors, the organization fosters growth and development, touching the lives of countless beneficiaries. The Dayton Foundation's unwavering dedication to bettering the community has made it a trusted and essential partner in the nonprofit sector.
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Impact
October, 2024
The Dayton Foundation enhances the quality of life in the Dayton and Miami Valley region by facilitating charitable giving that addresses community needs. Established in 1921, it serves as a resource for individuals, families, organizations, and corporations, encouraging philanthropic contributions through designated and advised grants to various 501(c)(3) organizations. By prioritizing philanthropy and leadership, The Dayton Foundation plays a crucial role in strengthening community ties, fostering social impact, and supporting initiatives that promote education, science, and cultural development. Its efforts not only provide essential funding but also cultivate a spirit of giving which inspires collaborative solutions to local challenges.
This information is meant to be a general summary of The Dayton 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: $30,769,992
- Program Service Revenue: $1,293,892
- Gross Receipts: $86,828,960
Assets and Liabilities:
- Total Assets: $550,779,259
- Total Liabilities: $140,326,786
- Net Assets: $410,452,473
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SEE SCHEDULE O
Revenue
$733,462
SEE SCHEDULE O
Revenue
$489,292
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Revenue
$71,138
Organization Details
Founding Year
1921
Phone
(937) 222-0410Principal Officer
Stephen D Darnell
Main Address
1401 S MAIN STREET SUITE 100, DAYTON, OH, 45409
Website
www.daytonfoundation.orgNTEE Category
Code: T310 - Philanthropy
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