The Dayton Foundation

A BBB Accredited Charity since 09/22/2003.

This BBB Accredited Charity meets all 20 Standards for Charity Accountability and is a Seal Holder.

BBB issues Reliability Reports on all organizations, whether or not they are BBB accredited. If an organization is a BBB Accredited Charity, it is stated in this report.

Name:	The Dayton Foundation
Phone:	(937) 222-0410
Fax:	(937) 222-0636
Address:	40 N Main St Ste 500
	Dayton, OH 45423
Website:	www.daytonfoundation.org
Report Creation Date:	June 28, 2011
Report Expiration Date:	May 1, 2013
Original Business Start Date:	April 1921
Principal:	Mr. Michael M. Parks, President
Customer Contact:	Ms. Deborah L. Gurklies, Vice President of Operations - (937) 222-0410
Entity:	Corporation
Incorporated:	September 1987, OH
Employees:	23 Full Time. 6 Part Time.
Type of Business:	Charity - Local
BBB Accreditation:	This organization is a BBB Accredited Charity.

Stated Purpose

According to The Dayton Foundation, its mission is "to strengthen our community through philanthropy and leadership."

Evaluation Conclusions

This organization has been evaluated according to the 20 BBB Standards for Charity Accountability.This organization meets all those Standards and is a BBB Accredited Charity.

BBB Charity Seal Participation

Charities that meet the Standards for Charity Accountability are eligible to participate in BBB Wise Giving Alliance Charity Seal program. This seal, which can be displayed on the charity's web site and in printed materials, helps inform the public that the charity meets these standards. This organization participates in this program.

Programs

The Dayton Foundation makes discretionary grants in the fields of arts and humanities, civic affairs, the environment, education, health and social service. Foundation donors designate and advise additional grants in all areas of charitable, civic, cultural and religious activity. Program initiatives of The Dayton Foundation change with the needs of the community.

For the year ended June 30, 2010, The Dayton Foundation's program expenses were:

Discretionary Grants:	$689,269
Designated and Advised Grants to Organizations:	$17,383,911
Other Grants:	$1,403,641
Other Program Services:	$1,705,445

Total Program Expenses:	$21,182,266

Governance

Chief Executive Officer:	Michael M. Parks
Chair of the Board:	Gary LeRoy, Governing Board Chair
Chair's Profession / Business Affiliation:	Wright State University
Board Size:	15
Paid Staff Size:	23 Full Time. 6 Part Time.

Fund Raising

The Dayton Foundation states they are not a fund raising organization in the typical sense. It is a vehicle for charitable giving.

Fund raising expenses for the fiscal year ending June 30, 2010 totaled 1.6% of related contributions.

Tax Status

This organization is tax-exempt under section 501(c)(3) of the Internal Revenue Code. It is eligible to receive contributions deductible as charitable donations for federal income tax purposes.

Financial

According to The Dayton Foundation's IRS Form 990 for the year ended June 30, 2010:


Income
	Direct Public Support	$41,548,686
	Dividends & Interest from Securities	$4,694,239
	Program Service Revenue	$415,493
	Other Revenue	$1,139,950
	Total Income:	$47,798,368

Expenses			% of total Expenses	% of total Income
	Programs:	$21,182,266	87.49%	44.32%
	Fund Raising:	$579,940	2.40%	1.21%
	Administrative:	$2,448,126	10.11%	5.12%
	Other:	$0	0.00%	0.00%
	Total Expenses:	$24,210,332

Excess of Income over Expenses		$23,588,036
Ending Net Assets:		$179,931,170

* Excess for the year indicates the portion of income remaining after expenses.

Notes and Comments

Your BBB's Charitable Advisory Service reports on local charities and determines if they meet the voluntary BBB Standards for Charity Accountability addressing governance and oversight, measuring effectiveness, finances, fund raising and informational materials.

Industry Tips

Allowing a Charity to Use Your Name
Contributing with Confidence
Guidelines for Business Giving
Tips on Contributing Used Cars to Charity
Tips on Volunteering

An organization may change its practices at any time without notice. Donors must decide for themselves the significance of any variation from BBB Standards, taking into account the relative importance of the practice in question in the context of the organization's total performance.

This report reflects the results of an evaluation of informational materials provided voluntarily by the organization. The report is not intended to recommend or deprecate, and is furnished solely to assist you in exercising your own judgement.

This report is not to be used for fund raising or promotional purposes.

Send to:
Printer | Email