Dayton Foundation
- Assets
- $614.1m
- Revenue
- $82.5m
- Investments
- $564.6m
- Employees
- 60
- Location
- Dayton, OH
- Founding
- 12/1926
- Data as of
- 06/2021
- EIN
- 31-6027287
Organization Overview
Dayton Foundation is located in Dayton, OH. The organization was established in 1926. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2022, Dayton Foundation employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dayton Foundation 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 06/2021, Dayton Foundation generated $82.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $37.2m during the year ending 06/2021. While expenses have increased by 4.7% per year over the past 7 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 2015, Dayton Foundation has awarded 3,156 individual grants totaling $193,817,026. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O FOR ORGANIZATION MISSION STATEMENTTHE DAYTON FOUNDATION WAS ESTABLISHED IN 1921 AS A COMMUNITY FOUNDATION TO MEET THE CHANGING NEEDS AND IMPROVE THE QUALITY OF LIFE IN THE DAYTON/MIAMI VALLEY REGION AND SERVES AS A VEHICLE FOR INDIVIDUAL, FAMILY, ORGANIZATION AND CORPORATE CHARITABLE GIVING IN THE COMMUNITY. THE ORGANIZATION'S MISSION IS TO STRENGTHEN THE COMMUNITY THROUGH PHILANTHROPY AND LEADERSHIP.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DESIGNATED AND ADVISED GRANTS TO 501(C)(3) ORGANIZATIONS
PROGRAM EXPENSES SUCH AS BROCHURES, WEBSITE SERVICES, MAILING COSTS, APPRAISALS AND OTHER COSTS ASSOCIATED WITH CONTRIBUTIONS TO A FUND, AND SIMILAR EXPENSES DIRECTLY RELATED TO THE CHARITABLE PURPOSE OF THE FUND.
SCHOLARSHIP GRANTS TO COLLEGES AND UNIVERSITIES
DISCRETIONARY GRANTS AS DETERMINED BY THE DAYTON FOUNDATION GRANTS COMMITTEE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
L Tony Ortiz Governing Board Member | Trustee | 0.25 | $0 |
David T Miller Governing Board Member | Trustee | 0.25 | $0 |
Anita J Moore Governing Board Member | Trustee | 0.25 | $0 |
J Norman Eckstein Governing Board Member | Trustee | 0.25 | $0 |
Rakesh Arora Governing Board Member | Trustee | 0.25 | $0 |
James R Pancoast Governing Board Member | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $45,440,520 |
| Investment income | $8,616,694 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,773,928 |
| Net Income from Fundraising Events | $23,736 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $82,530,515 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $436,121 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,037,992 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,559,763 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $481,069 |
| Payroll taxes | $188,771 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $80,328 |
| Fees for services: Accounting | $50,796 |
| Fees for services: Lobbying | $14,100 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,702,988 |
| Fees for services: Other | $295,779 |
| Advertising and promotion | $61,861 |
| Office expenses | $101,251 |
| Information technology | $256,764 |
| Royalties | $0 |
| Occupancy | $223,085 |
| Travel | $1,523 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $30,875 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $68,191 |
| Insurance | $79,235 |
| All other expenses | $0 |
| Total functional expenses | $37,224,989 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $35,866,601 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $12,335,615 |
| Accounts receivable, net | $153,848 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $202,058 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $564,612,011 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $97,512 |
| Total assets | $614,105,736 |
| Accounts payable and accrued expenses | $176,153 |
| Grants payable | $7,689,644 |
| Deferred revenue | $0 |
| 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 | $130,709,737 |
| Total liabilities | $138,575,534 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $475,530,202 |
Grants Awarded
Over the last fiscal year, Dayton Foundation has awarded $30,495,213 in support to 462 organizations.
| Grant Recipient | Amount |
|---|---|
4 PAWS FOR ABILITY INC PURPOSE: GENERAL SUPPORT | $26,100 |
ALS - AMYOTROPHIC LATERAL SCLEROSIS ASSOCIATION PURPOSE: GENERAL SUPPORT | $5,300 |
A SPECIAL WISH FOUNDATION INC-DAYTON CHAPTER PURPOSE: GENERAL SUPPORT | $76,016 |
AFRICA ON FIRE FOUNDATION PURPOSE: GENERAL SUPPORT | $49,000 |
ADVOCATES FOR BASIC LEGAL EQUALITY INC PURPOSE: GENERAL SUPPORT AND VARIOUS PROJECTS | $253,000 |
ALBANY MEDICAL CENTER FOUNDATION PURPOSE: GENERAL SUPPORT | $5,745 |