Dayton Foundation
85% goes to programs $1 to raise $100 Strong reserves Declining revenue
Dayton Foundation is a 501(c)(3) organization based in Dayton, Ohio, registered in 1926, with $65,553,692 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
1401 S Main St Ste 100, Dayton, OH, 45409 EIN 31-6027287 Since 1926
Revenue (FY2023)
$65.6M
▲ 10.6% vs prior year
Philanthropy median: $168K
Expenses (FY2023)
$49.7M
Net assets
$492.5M
Employees
67
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Dayton Foundation: 85% to programs · $1 to raise $100 earns a A on this criterion. See the exact thresholds →
B+Financial health25% of the rating119 mo reserves · +24% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Dayton Foundation: 119 mo reserves · +24% margin earns a B+ on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Dayton Foundation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
A+Transparency10% of the rating5 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Dayton Foundation: 5 of 5 disclosure signals earns a A+ on this criterion. See the exact thresholds →
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Mission
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.
What they do
Scholarship grants to colleges and universities
Discretionary grants as determined by the dayton foundation grants committee
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.
Contact & location
- Address
- 1401 S Main St Ste 100, Dayton, OH, 45409
- City
- Dayton
- State
- Ohio
- Subcategory
- Public Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $47.1M (FY2013) to $65.6M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $157.1MNet assets $492.5M
Operating margin
24.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$649.6M
Total liabilities
$157.1M
Net assets
$492.5M
Salaries & benefits
$4.8M
10% of expenses
Board members
15
15 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $65,553,692▲10.6% | $49,661,162▼30.4% | $492,500,671▲11.7% | $649,636,891▲11.3% | 990 |
| 2022 | $59,281,429▼31.2% | $71,402,673▲69.8% | $441,000,224▲7.4% | $583,453,329▲5.9% | 990 |
| 2021 | $86,220,290▲4.5% | $42,041,360▲12.9% | $410,452,473▼13.7% | $550,779,259▼10.3% | 990 |
| 2020 | $82,530,515▲25.7% | $37,224,989▼19.0% | $475,530,202▲30.6% | $614,105,736▲28.8% | 990 |
| 2019 | $65,647,739▼2.3% | $45,981,976▲49.8% | $364,105,517▲4.1% | $476,689,140▲3.7% | 990 |
| 2018 | $67,221,580▲15.7% | $30,696,789▼2.1% | $349,825,589▲11.5% | $459,671,477▲9.4% | 990 |
| 2017 | $58,076,297▲23.0% | $31,362,284▲15.6% | $313,707,068▲4.4% | $420,208,171▲5.8% | 990 |
| 2016 | $47,225,771▼18.8% | $27,126,725▲0.2% | $300,466,253▲14.0% | $397,266,869▲12.8% | 990 |
| 2015 | $58,173,154▲27.3% | $27,070,563▼19.2% | $263,475,147▼1.3% | $352,278,515▲4.7% | 990 |
| 2014 | $45,686,546▼3.0% | $33,522,405▲0.6% | $266,940,943▼1.2% | $336,557,794▼1.1% | 990 |
| 2013 | $47,097,987 | $33,330,029▲15.1% | $270,258,034▲31.0% | $340,152,337▲28.4% | 990 |
| 2011 | — | $28,962,055▲47.9% | $206,237,202▼1.7% | $264,836,342▼2.3% | 990 |
| 2010 | — | $19,587,068▼19.1% | $209,826,975▲16.6% | $271,085,001▲15.8% | 990 |
| 2009 | — | $24,204,217 | $179,931,170 | $234,054,502 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Michael M Parks — $861,130 (1.73% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Michael M Parks | President/secretary | 40 | $861,130 |
| Jeanne S Holihan | Administration Vp | 40 | $210,623 |
| Michelle Lovely | Vp Development and Donor Services | 40 | $209,477 |
| Barbra Stonerock | Community Engagement | 40 | $152,711 |
| Stephen D Darnell | V.p. Finance | 40 | $149,690 |
| Chris Smith | Vp Marketing & Public Rela | 40 | $133,607 |
| S Tracie Boshears | Assistant Treasurer | 40 | $72,969 |
| Amy Wagner | Senior Vice President of Operations | 40 | $65,811 |
| Joseph B Baldasare | Chief Development Officer | 40 | $40,718 |
| Allice Mccollum | Governing Board Member | 0.25 | — |
| Art Harlan | Governing Board Member | 0.25 | — |
| Cassie Barlow | Governing Board Member | 0.25 | — |
| David T Miller | Chair Governing Board Member | 0.25 | — |
| George E Forest | Governing Board Member | 0.25 | — |
| James Vaughn | Governing Board Member | 0.25 | — |
| Janice L Culver | Governing Board Member | 0.25 | — |
| J Norman Eckstein | Governing Board Member | 0.25 | — |
| Josh Stuckey | Governing Board Member | 0.25 | — |
| L Tony Ortiz | Governing Board Member | 0.25 | — |
| Martha Shaker | Governing Board Member | 0.25 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Feg Investment Advisors | Investment Consulting and Performance Re | $189,304 |
| Foundation Partners LLC | Information/technology Services | $164,771 |
| The Greentree Group | Information/technology Services | $115,540 |
Grants received · $16.9M total
101 grants to Dayton Foundation totaling $16.9M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| American Endowment Foundation | Philanthropy | 2024 | $191,279 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| Caresource | Dayton metro library pledge contribution | 2024 | $15,000 |
| Miami Valley Hospital | Support | 2024 | $10,010 |
| Independent Charitable Gift Fund | General support | 2024 | $10,000 |
| Foundation For the Carolinas | Charitable gift | 2024 | $10,000 |
| American Online Giving Foundation Inc | General support | 2024 | $9,887 |
| Charities Aid Foundation America | Charitable donation | 2024 | $9,516 |
| National Christian Charitable Foundation | Giving and generosity | 2024 | $7,000 |
| Caresource | General support | 2023 | $2,001,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $127,500 |
| Dayton Childrens Hospital | Program donation | 2023 | $30,000 |
| Greater Cincinnati Foundation | Programatic support | 2023 | $30,000 |
| Foundation For the Carolinas | Charitable gift | 2023 | $20,000 |
| Thrivent Charitable Impact & Investing | General support | 2023 | $19,899 |
Grants made · $34.0M in FY2023
497 grants totaling $34.0M in FY2023 — showing the 15 largest. All grants made by Dayton Foundation →
| Recipient | Purpose | Amount |
|---|---|---|
| Ronald Mcdonald House Charities Dayton | Various projects | $3,270,920 |
| Learn To Earn Dayton | Various projects | $3,196,594 |
| Foodbank Inc | Various projects | $2,144,971 |
| Dayton Performing Arts Alliance | Various projects | $1,470,365 |
| Dayton Childrens Hospital Foundation | Various projects | $1,102,684 |
| University of Dayton | Various projects | $1,071,260 |
| Vanguard Charitable Endowment Program | M. christina manchester family fund | $750,000 |
| Dayton History | Various projects | $746,503 |
| All India Movement Aim For Seva Inc | To build a school | $670,000 |
| Friends of Aullwood Inc | Various projects | $572,558 |
| Chaminade Julienne Catholic High School | Various projects | $440,454 |
| Ohios Hospice Foundation | Various projects | $422,737 |
| Victoria Theatre Association | Various projects | $401,123 |
| The United Way of the Greater Dayton Area | Unrestricted | $377,534 |
| Wright State University | Scholarships | $367,125 |
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Frequently asked questions
- Is Dayton Foundation a legitimate nonprofit?
- Yes. Dayton Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-6027287, based in Dayton, Ohio. Donations are tax-deductible.
- What is Dayton Foundation's EIN?
- Dayton Foundation's Employer Identification Number (EIN) is 31-6027287.
- How much revenue does Dayton Foundation report?
- Dayton Foundation reported $65,553,692 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Dayton Foundation's spending goes to programs?
- Dayton Foundation spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Dayton Foundation have?
- CharityIndex grades Dayton Foundation A, based on program efficiency and fundraising cost.
- How much does Dayton Foundation's highest-paid employee make?
- The highest reported compensation on Dayton Foundation's latest Form 990 is $861,130, paid to Michael M Parks (President/secretary).
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Data for Dayton Foundation (EIN 31-6027287) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.