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Foundation Facts and Recent Accomplishments
The Dayton Foundation has become one of the truly innovative and fast-growing foundations among more than 700 community foundations nationwide. Total assets of The Dayton Foundation currently stand at $346.1 million (as of June 30, 2007) and represent more than 2,500 donor funds and 370 legacy donors. Last fiscal year, the Foundation awarded $41.1 million in total grants.
Facts
• The Dayton Foundation was founded in 1921 by D. Frank Garland, John H. Patterson, Julia Shaw Patterson Carnell and Robert Patterson.• We serve Dayton and the Greater Greater Dayton Region. • We are a tax-exempt organization that receives and invests charitable gifts from individuals, families, businesses, not-for-profit organizations and other foundations. These gifts help to support leadership initiatives in the community and not-for-profit organizations and institutions that meet our community’s changing needs.
Recent Accomplishments
• In the most recent ranking of more than 700 community foundations nationwide, The Dayton Foundation ranked:18th in the nation for new gifts received 27th in the U.S. in grants (total dollars) made 38th in market value of assets • Growth in assets from $3.3 million in 1979 to $346.1 million before depreciation in 2007 (as of June 30, 2007)  • Growth in grants and charitable distributions from $.4 million in 1980 to $41.1 million in the 2006-07 fiscal year • More than 15,600 grants awarded - the most of any community foundation in the country - in the last fiscal year from a variety of funds. • Legacy (planned and deferred) gifts totaled $237.6 million at the end of the 2006-07 fiscal year. • Sustains a high level of stewardship, effectiveness and accountability: Nationally certified by the Council on Foundations for organizational and financial practices and has successfully met 43 National Standards set forth for U.S. Community Foundations andEarned the Ohio Association of Nonprofit Organizations Standards for Excellence certification for rigorous adherence to 56 standards for accountability and ethical business practices.
Facts About Community Foundations
• Nearly 700 community foundations in the United States hold combined assets of over $44 billion.• Community foundations nationwide gave away $3.2 billion in grants in 2005. • Community foundations are the fastest growing organizations in the field of philanthropy. • Community foundations are a flexible, yet permanent collection of funds supported by a wide range of donors. • Community foundations allow donors to take the greatest tax deduction allowed by law for their gifts.
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The Dayton Foundation. We're here for good.
File date: 06-24-08
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