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New Endowments - Summer/Fall 2025


Establishing a strong foundation for our community’s future is a vision shared by donors who have endowment funds at The Dayton Foundation. The following funds are some of the new endowments established by donors in recent months to support their special charitable causes and our region, now and in the future.

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Padma and Gaurang Desai

Padma and Gaurang Desai Foundation Fund
awards grants to promote community health and well-being, enhance education and protect environmental resources.

Dr. Sylvan Eller Legacy Fund enables The Dayton Foundation to award unrestricted grants to nonprofit organizations assisting with health services, with a preference for indigent care, and food distribution for individuals in need. Dr. Sylvan Eller graduated from Indiana University School of Medicine in 1967 and spent many years working at Radiology Physicians, Inc., at Miami Valley Hospital.

Margaret and Tim Erin Fund supports nonprofit organizations of the donors’ choosing.

Fargey Family Memorial Scholarship was established by Maryellen Fargey in memory of her husband, Chief Master Sergeant Peter D. Fargey, and their daughter, Elizabeth Ann Fargey. Pete, a longtime volunteer for the Fisher-Nightingale House at Wright-Patterson Air Force Base, served 30 years in the United States Air Force and later drew on his experience as a long-distance runner to become a high school track coach. Beth was an avid reader who loved sharing her knowledge and cared deeply for those in need.

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Five Rivers MetroParks Research and Education Fund
Five Rivers MetroParks Research and Education Fund supports activities for the Five Rivers Metro- Parks Levy Committee, including conducting community-wide polling and educational campaigns. The levy will support Five Rivers MetroParks, which has connected people with nature for more than 60 years and protected nearly 16,000 acres of open space and natural areas in Greater Dayton.

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Friends of New Horizons Fund
The Friends of New Horizons Fund supports the operations of the University of Dayton’s New Horizons Music Program. Established in 2000, this successful adult music education program provides a unique experience that fosters growth, learning and performance opportunities in concert bands, jazz ensembles and the string orchestra.

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Ellenae Hart Henry-Fairhurst
Ellenae Hart Henry-Fairhurst Legacy Fund
supports the needs of the community in the Dayton Region, as determined by the African-American Com- munity Fund of The Dayton Foundation. Ellenae Hart Henry-Fairhurst achieved groundbreaking milestones in her career as a car dealer, becoming one of only four African-American women in the nation to own a dealership during her lifetime.

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Candice and Randale Honaker
Randale and Candice Honaker Family Fund
awards grants to support organizations important to the donors, including Dayton Christian School, SouthBrook Christian Church and Young Life. Randy Honaker has more than 40 years of experience in financial industry portfolio management, while Candi Honaker has over 30 years of experience in interior design.

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Thomas and Jenny Mikos
The Jenny E. and Thomas J. Mikos Charitable Fund
designates funds for five local charitable organizations that are important to the donors, all of which provide services for young people in need. Jenny, a longtime special education teacher, and Tom, a longtime certified public accountant, believe in giving opportunities to youth who may not otherwise have them.

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Kevin and Joey Nels
Kevin and Joey Nels Family Fund
furthers the philanthropic interests of the Nels family by awarding grants to select nonprofits.

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Northwest Dayton Pathways to Home Ownership Fund
Northwest Dayton Pathways to Home Ownership Fund
helps first-time, income-qualified buyers achieve the dream of owning a home. This initiative, launched with support from the WPCU Sunshine Community Fund and in partnership with Learn to Earn Dayton, Omega CDC and County Corp, is building stronger families and a more vibrant community, with 19 homes already completed for first-time buyers in the region.

The Alberta Warford Scholarship Fund helps graduating seniors from Dayton Public Schools or Trotwood Madison High School in furthering their education. The fund honors this longtime educator, who dedicated more than 40 years to teaching and made a significant impact on the lives of countless students, colleagues and families through her commitment to learning and compassion