Overview
What is Dayton Foundation Plus Inc?
Dayton Foundation Plus Inc, a section 509(A)(3) supporting organization based in Dayton, Ohio, serves as an extension to the Dayton Foundation Inc., a Section 501(C)(3) publicly supported community foundation. With the sole member being the Dayton Foundation, Dayton Foundation Plus raises money and gifts of property from various sources and channels these funds exclusively for charitable purposes, in line with IRS Code Section 501(C)(3). In total, the organization made 531 grants to 305 diverse charitable organizations through 51 funds during the year, furthering the charitable missions of the Dayton Foundation.
Official website here: www.daytonfoundation.org
What are the reviews and ratings of this charity?
Charity Navigator Rating 97% - Four-Star out of Four Star Rating
Dayton Foundation Plus Inc has achieved an impressive Four-Star rating from Charity Navigator, indicating a high level of accountability and financial health. The organization scored 97% overall, with its rating derived entirely from its Accountability & Finance score. This strong performance reflects the organization’s commitment to transparent practices and sound fiscal management.
A notable strength of the foundation is its governance structure, which consists of a fully independent board of directors. Additionally, the organization has implemented robust oversight measures, such as an Audit and Oversight Committee and a comprehensive conflict of interest policy. The financial metrics also indicate excellent management, with a very low liabilities to assets ratio and a high program expense ratio, suggesting that a significant portion of funds is directed towards its charitable activities.
Despite the positive ratings, the fundraising efficiency ratio shows room for improvement, as it indicates high costs associated with raising funds. However, the foundation's substantial working capital ratio of 15.02 years suggests it is well-positioned for sustainability. Overall, Dayton Foundation Plus Inc demonstrates strong accountability and financial health, making it a reliable choice for donors looking to support effective nonprofit organizations.
This AI summary has been generated from information found on Charity Navigator.
What do the Facebook reviews say about Dayton Foundation Plus Inc?
100% of 17 reviewers on Facebook recommend this charity. Here’s a summary of their reviews:
There is a strong sense of support and enthusiasm for the Dayton Foundation among those who have shared their thoughts. Reviewers express appreciation for the organization’s efforts, often highlighting the positive impact it has on the community.
Overall, it seems that the Dayton Foundation successfully fulfills its mission and resonates well with supporters, who are eager to endorse it. The consistent recommendation shows that individuals feel confident in the foundation's ability to deliver on its goals.
This AI summary has been generated from reviews found on Facebook.
Is Dayton Foundation Plus Inc legitimate?
Dayton Foundation Plus Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Dayton Foundation Plus 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:
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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 Plus Inc?
Dayton Foundation Plus Inc functions as a supporting organization to the Dayton Foundation, a publicly supported community foundation. This 509(a)(3) entity raises funds and gifts from various entities and individuals for charitable purposes, aligning with the broader charitable objectives of the Dayton Foundation. Throughout the year, Dayton Foundation Plus makes grants to numerous charitable organizations, distributing funds exclusively for charitable causes as defined by the Internal Revenue Code. In the most recent period, the organization granted funds to 305 different charitable organizations from 51 funds.
Official website here: www.daytonfoundation.org
Who is the CEO of Dayton Foundation Plus Inc?
Stephen D Darnell is the Governing Board Member of Dayton Foundation Plus Inc.
Official website here: www.daytonfoundation.org
What is the revenue of Dayton Foundation Plus Inc?
Dayton Foundation Plus Inc's revenue in 2022 was $393,663,060.
Official website here: www.daytonfoundation.org
Who are the executives of Dayton Foundation Plus Inc and what are their salaries?
Here are 23 key members and their salaries:
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- Other: $6,502
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- Related: $136,375
- Other: $531
Official website here: www.daytonfoundation.org
Where can I find the form 990 for Dayton Foundation Plus Inc?
Dayton Foundation Plus 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 Plus Inc
Dayton Foundation Plus, a supporting organization to the Dayton Foundation, is dedicated to raising funds and gifts of property from various entities for charitable purposes, in accordance with the Internal Revenue Code Section 501(c)(3). This organization serves as an extension of the Dayton Foundation, a publicly supported community foundation and the sole member of Dayton Foundation Plus. In the previous year, Dayton Foundation Plus made 531 grants to 305 different charitable organizations from 51 funds, furthering the charitable objectives of the Dayton Foundation. Through these grants, Dayton Foundation Plus supports a wide range of charitable initiatives and causes, amplifying the impact of the Dayton Foundation's mission. The organization's primary role lies in facilitating charitable giving and distributing the funds exclusively for the charitable purposes of the Dayton Foundation.
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Impact
October, 2024
Dayton Foundation Plus Inc significantly contributes to enhancing community well-being through its dedicated efforts in fundraising and distributing financial support to a wide range of charitable organizations. In the recent year alone, it successfully made 531 grants to 305 different charitable entities, reflecting its robust commitment to philanthropy.
By mobilizing resources from individuals, corporations, and various groups, Dayton Foundation Plus Inc ensures that financial assistance is directed exclusively toward charitable purposes. This structured approach to philanthropy not only strengthens existing initiatives but also fosters new opportunities for community development.
The organization's affiliation with the Dayton Foundation further amplifies its impact, as it operates within a framework designed to support the foundation’s charitable objectives. Through these efforts, Dayton Foundation Plus Inc plays a crucial role in addressing local needs, enhancing the quality of life in the Dayton area, and promoting a culture of giving and support within the community.
This information is meant to be a general summary of Dayton Foundation Plus 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $3,924,295
- Gross Receipts: $393,663,060
Assets and Liabilities:
- Total Assets: $412,081,419
- Total Liabilities: $8,512,531
- Net Assets: $403,568,888
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Organization Details
Founding Year
2003
Phone
(937) 222-0410Principal Officer
Stephen D Darnell
Main Address
1401 S MAIN STREET SUITE 100 100, DAYTON, OH, 45409
Website
www.daytonfoundation.orgNTEE Category
Code: T11 - Philanthropy
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