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THE ART OF GIVING | THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

A Few Words about “The Tree ofGiving” by Betsie MolinskyThis painting came to its conclusion aftermany months of pushing paint aroundon the canvas, thinking simply of colorrelationships and surface excitement. Itwas only after this interplay of color andspace settled in that I began to see thestory that had come to the surface. Thishappy surprise presents what it means tobe fully alive through the “art of giving.”

I am honored to be able to share thispainting with you and hope you will joinme in congratulating all those who reachout to people in need, because this very“art of giving” is what life is all about.

– Betsie Molinsky 2005

CONTENTS

2 Letter from the Chair & the President

Report on 2004-2005Stewardship

12 Governance

Governing Board and Other VolunteersStaff

18 Outcomes

Leadership InitiativesNonprofit Discussions to Increase Efficiency & EffectivenessGrantmaking Highlights

28 Information for Grant Applicants

31 Legacy Partnership Program

33 Operating Fund Contributors

37 Financial Highlights

40 Ten Reasons Why People Choose to Give Through The DaytonFoundation

Mission of The Dayton FoundationTo advance charitable giving and provide leadership to meet changing needsin our community.

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“[Giving] is the doorway through whichthe human soul passes from selfishnessto service and from solitude to kinshipwith all mankind.” – UnknownGiving is an art, which – like painting – blossoms with practice. Donors of The Dayton Foundation exhibit

“The Art of Giving” through the funds they’ve established to carry out their charitable work. The donor

stories that follow give seven examples. Each fund is unique. Each reveals something of what’s in the donor’s

heart. For what you choose to charitably support comes from some aspect of your life experience. In the act

of giving is the passage from personal experience to a connection to all humanity. And in this passage lies

the very art of giving…

THE SIMPLE ACT

OF GIVING

“Give” is a word

we use many

times a day. We may say that a

person gives a talk, gives some-

one a chance, gives medicine,

gives birth to an idea. We use it

without thinking, as it is an un-

derstood part of everyday life.

But if you peel the onion, what

is common among all forms of

giving is the concept of passage –

whether of knowledge, oppor-

tunity or the spirit of caring –

between people.

The simplicity of the concept

of giving belies its power. If you

give it some thought, you and

others likely will agree that few

actions are as powerful as a genu-

ine act of giving. Through giving

you express respect, a desire to

share, a compassion for others. It

is how you thank people. It is

how you return the blessings that

have flowed to you. It is how you

grow a relationship, a family...a

community.

If you are good at giving, it

appears deceptively simple. It

becomes a habit; it feels natural.

And even if you don’t acknowl-

edge it openly, it is the work of

the heart.

We at The Dayton Foundation

believe we are the luckiest people

in the world, because we work

with givers. We have watched

Foundation donors dig deep into

their pockets to help their chosen

local organizations be able to

continue their work and grow.

And when needed, we have seen

LETTER FROM THE CHAIR AND THE PRESIDENT OFTHE DAYTON FOUNDATION

2 LETTER: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

them respond to help rescue

other communities hit by un-

speakable tragedies.

Each of over 2,000 funds that

make up The Dayton Foundation

represents someone’s experi-

ence of giving. Each is

someone’s personal story,

someone’s passion. Each

is a person’s or family’s

gift to their community

and to a future they may

never see – an act of faith.

The Governing Board

and staff of The Dayton

Governing Board ChairJudy D. McCormickand FoundationPresident MichaelM. Parks

3

Foundation are ever-mindful of

the call of responsibility to protect

what Foundation donors have

entrusted to the Foundation for

the community good. We are

grateful to be part of the flow of

giving that ultimately expresses

and lifts the human spirit.

Report on 2004-2005

During the last fiscal year, donors

contributed $42 million and

opened a record number of new

funds – 236 – at The Dayton

Foundation. One hundred were

new endowment or legacy funds,

12 of which were Family Foun-

dation PlusSM funds (more than

$250,000 each), an astonishing

number for only the second year

of this private foundation alter-

native. The remaining funds

were in new Charitable Checking

Accounts.SM

In the same time period, nearly

$34 million flowed out from

Foundation donors’ funds as gifts

to charitable organizations and

to the community. A very small

percentage of this total was unre-

stricted dollars in a discretionary

pool that funded program initia-

tives and grants, which are de-

tailed in the “Outcomes” section

of this report.

We are pleased to be able to

report that as of June 30, 2005,

The Dayton Foundation holds

$261 million of community assets

(before depreciation), more under

management than at any time in

the Foundation’s 84-year history.

In addition, documented planned

and deferred gifts totaled $213

million, holding the promise of


“Along with our community leadership role, this ‘raisingof the [philanthropic] tide’ constitutes the greatest value theFoundation offers our region today.”

Education as a Life Force:Dr. Estus Smith

Dr. Estus Smith’s endowed funds perfectlyreflect his life experiences, beliefs anddreams. While one fund strives to elevateCentral State University and encourage top

▲

Mississippi students to study at CSU, theother fund (set up with his wife, Dorothy)seeks to help Dayton-area students attendMississippi’s historically black Jackson State.

As a boy growing up in the Depressionin segregated Mississippi, Estus Smithfound education life-changing. At a timewhen it was illegal for whites to teach blacksor for black people to check out librarybooks, a white nun took a chance on youngSmith, who worked cleaning at her school.

At great risk to herself, the nun loanedhim books and encouraged his studies.Sister Margaret with “the beautiful smile”was a powerful example and mentor. “Shemade a big difference in my life,” he said,as did his parents, who loved learning and“expected us to share with others.”

“A person has a certain period of timeto decide what’s important in life,” he said.“If someone’s been good to me, I’m duty-bound to give back. It’s an obligation wehave to create the kind of community wewant to live in ourselves and leave forgenerations to come.”

Dr. Smith is an Emeritus Governing Boardmember of The Dayton Foundation.

Photo: Central State University is an established,historically black state university located in GreeneCounty.

continued

future benefit to our region and

its numerous charitable organiza-

tions.

Over the past year, the Founda-

tion has made important strides

in the Governing Board’s leader-

ship initiatives and in facilitating

important discussions aimed

at strengthening the nonprofit

community (please see the “Out-

comes” section of this report).

Stewardship

The Dayton Foundation’s foun-

ders had the wisdom to establish

The Dayton Foundation in 1921

as a then-philanthropically revo-

lutionary concept called a com-

munity foundation. They designed

it to be an enduring organization

that makes its stewardship role

its highest priority.

But those of us who serve

in the community foundation

field soon learn that this steward-

ship is more than a responsibility.

It is absolutely integral to our

ability to carry out our charitable

mission – “to advance charitable

giving and provide leadership

to meet changing needs in our

community.” It is integral, because

we can’t fulfill our mission unless

we ensure that the community’s

charitable resources, entrusted to

us, remain in our community

for generations to come.

As these resources grow, it

raises the community’s philan-

thropic tide. Along with our

community leadership role, this

“raising of the tide” constitutes

the greatest value the Foundation

offers our region today.

6 LETTER: THE DAYTON FOUNDATION REPORT TO TH E COMMUNITY 2004-2005

It is important to understand

that The Dayton Foundation is

not one person’s vision. It rep-

resents the collective vision of

some 2,700 donors. Central to

carrying out this collective vision

is stewardship, which assures

that we will rigorously adhere

to the expressed wishes of our

donors in perpetuity and that

we will manage their resources

in a responsible and overall

enduring manner.

We have spoken with you at

other times about the Founda-

tion’s investment policies – revised

last year for even greater stability

and diversification. We have

talked about the independent,

third-party investment oversight

we have hired (Fund Evaluation

Group in Cincinnati) to provide

quality assurance, to monitor

investment performance and to

insure diligent compliance with

the Foundation’s investment poli-

cies by the institutions entrusted

with managing Foundation funds.

We have spoken, as well, about

the Foundation’s long history of

receiving unqualified opinions

(this past fiscal year included)

from independent accounting

and auditing firms that we engage

yearly to do a thorough, voluntary

audit of our books and accounting

systems and procedures. We have

written about our ongoing efforts

to maintain efficiency and contain

costs, while preserving effective-

ness and quality of service. Oper-

ating expenses continue at

1 percent of assets.

“The Dayton Foundation...[was] designed to be an enduringorganization that makes stewardship its highest priority.”

LETTER: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 7

But there are other steward-

ship pieces about which we have

spoken very little, if at all.

The Dayton Foundation

has voluntarily submitted itself

to in-depth examinations of our

practices by both the Ohio Asso-

ciation of Nonprofit Organizations

(OANO) and the Council on Foun-

dations (COF), the premier inter-

national organization for both

community and private founda-

tions, based in Washington, D.C.

We are pleased to report that

one of the two reviews is complete,

and that OANO has notified us

that the Foundation is now among

just two community foundations

in Ohio that are among eight

nonprofits statewide, certified

to date as meeting OANO’s 56

Standards for Excellence for ac-

countability and ethical business

practices. The more than year-

long COF certification process is

nearly complete, and we antici-

pate good news to report there

in the next few months.

You probably have seen nu-

merous stories about the Sarbanes-

Oxley Act, signed into law in 2002

in response to corporate and

accounting scandals and designed

to improve public confidence

in the accuracy and integrity of

financial reporting of public

companies.

Discussion of Sarbanes-Oxley

has surfaced again, this time

around the applicability to private

foundations and the nonprofit

community. We have reviewed

“It is important to understand that The Dayton Foundation isnot one person’s vision.”


the measures and have voluntarily

adopted a number of measures

outlined in the Act that we think

are good practices for nonprofits

as well. We have in place, either as

policy or as practice, such impor-

tant procedures as whistleblower,

privacy and conflict-of-interest

policies, numerous oversight

practices, a separate, Board-level

Audit Committee of independent

financial and accounting profes-

sionals, etc. Detailed information

on this voluntary adoption is on

the Foundation’s web site, at

www.daytonfoundation.org/

stewards.html.

The annual report is another

reflection of this discussion of

stewardship. It is one of the ways

the Foundation yearly reports to

our constituents and the public

about their community foun-

dation’s health and progress in

meeting our mission. It also is

one of the important ways we

recognize donors and their funds,

today and in perpetuity.

Finally, one of the most impor-

tant aspects of our stewardship

structure is an elaborate system of

volunteer oversight, historically

imbedded in the Foundation’s

operations. At the top of this vol-

unteer oversight construct is the

Governing Board (composed of

15 experienced, civic leaders from

across the community), then

seven standing Board committees,

more than 50 fund committees

and hundreds of committee

volunteers.

LETTER: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 9

10 LETTER: THE DAYTON FOUNDATION REPORT TO TH E COMMUNITY 2004-2005

In Conclusion

We couldn’t be more blessed by

donor confidence and generosity

and a year of strong community

giving and support. We are

humbled by this and will con-

tinue to work hard to continue

to earn this trust and do the

best job humanly possible.

It is difficult to express the

extent of our gratitude to our

donors, our financial advisor

partners who help us find new

people in the community to serve,

and the nonprofit community

that gives so richly to our com-

munity’s cherished quality of life.

Thank you to each and every

one of you. You teach us every

day about the true nature of the

art of giving.

Judy D. McCormick, Chair

Michael M. Parks, President

This year’s report was produced in acondensed printed version in orderto save significant dollars for otherpressing community needs. A fullversion of the annual report, with funddescriptions, appears online on theFoundation’s web site at www.daytonfoundation.org/04-05annual.html.

“You teach us every day about the true nature of the art ofgiving.”

Picking a Passion:Paul and Susie Weaver

The Human Race Theatre Company isone of Susie and Paul Weaver’s passions.Long active with HRTC, their supportmost recently included Susie Weaver’s

▲

service as board chair.“We really believe that excellence in

cultural activities is important to make acommunity strong,” Susie Weaver said.“The arts give so much to all of us. Theymake our lives fuller and need to be might-ily supported.” The ticket prices only covera fraction of the cost, Paul Weaver added,“so we all need to pitch in.”

Theirs takes many forms – volunteerism,giving through their Dayton Foundationfunds, vocal advocacy for a broad baseof local nonprofits, service through theirchurch. But Susie Weaver may have said itbest: “Wherever your passion lies is whereyou should concentrate your resources.To make the kind of community you wantfor yourself and generations after you,requires a stretch. It means supportingwhat you care about at another level.

“The more you give, the more you get.I really believe that. Imagine if everyonepicked one organization or one passion.What a difference it would make!”

The Weavers have a Charitable CheckingAccountSM and a deferred, designatedendowment fund to support local art andcultural organizations.

Photo: The Human Race Theatre Company,Dayton’s only professional regional theatre, per-forms a scene from its production of Green Gables.

continued

GOVERNING

BOARD OF

THE DAYTON

FOUNDATION(As of June 30, 2005)

Ellen Ireland, community leader

Charles A. Jones, retired chief

operating officer/assistant city

manager, City of Dayton

Helen E. Jones-Kelley, executive

director, Montgomery County

Children Services

Jamie King, president and CEO,

Crowe Manufacturing Services, Inc.

Leo E. Knight, Jr., chairman and

CEO, National City Mortgage Co.

Gary L. LeRoy, medical director,

East Dayton Health Center

Laura B. Pannier, vice president,

Northgate Chrysler Jeep

Douglas C. Scholz, president,

Unibilt Industries

Richard W. Schwartz, president,

Primus, Inc.

Jerome F. Tatar, retired chairman,

MeadWestvaco Corporation

Fred E. Weber, president and

chairman, Weber Jewelers, Inc.

12 GOVERNANCE: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

GOVERNANCE, VOLUNTEERS AND STAFF

Judy D. McCormick, community

leader, chair

Fred C. Setzer, Jr., chairman,

Setzer Corporation, vice chair

Thomas G. Breitenbach, president

and CEO, Premier Health Partners

Franz J. Hoge, retired managing

partner, Dayton Office of

PricewaterhouseCoopers LLP

GOVERNANCE: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 13

Emeritus Board Members

Charles Abramovitz

Charles S. Brown

Thomas J. Danis

Richard F. Glennon, Sr.

Douglas L. Hawthorne

Paula J. MacIlwaine

John E. Moore, Sr.

Robert S. Neff

Caryl D. Philips

Burnell R. Roberts

Estus Smith

Frederick C. Smith

Betsy B. Whitney

Judy D. McCormick,chair

Fred C. Setzer, Jr.,vice chair

Thomas G.Breitenbach

Franz J. Hoge Ellen Ireland

Charles A. Jones Helen Jones-Kelley Jamie King Leo E. Knight, Jr. Gary L. LeRoy

Laura B. Pannier Douglas C. Scholz Richard W.Schwartz

Jerome F. Tater Fred E. Weber

14 GOVERNANCE: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

Trustee Financial Institutions

JPMorgan Chase Bank, N.A.:

Bradley H. Tidwell

The Fifth Third Bank: Rick Weber

Huntington National Bank: Leslie

B. Neff

KeyBank: William S. Hann

Merrill Lynch: John M. York

National City Bank, S.W. Region:

Jim R. Hoehn

PNC Advisors: Christian Snyder

US Bank: Thomas J. Kleptz

Audit Committee

Jamie King, chair; Thomas C.

DeRoss, Karl Frydryk, Timothy

D. Jackson, James H. Miller

Development Committee

Douglas C. Scholz, chair; John W.

Ey, Steven F. Goens, Eugene D.

Heflin, Franz J. Hoge, Louis G.

Homan, Stanley Katz, Brady Kress,

Albert W. Leland, Jacqueline

E. Nawroth, Burton R. Saidel,

Frederick C. Smith, John C.

Stahler

Executive Committee

Judy D. McCormick, chair;

Charles A. Jones, Jamie King,

Laura B. Pannier, Douglas C.

Scholz, Fred C. Setzer, Jr.

Finance Committee

Laura B. Pannier, chair; Thomas

G. Breitenbach, Craig Brown,

Michael Gapinski, Douglas L.

Hawthorne, Jamie King, Judy

D. McCormick, David T. Miller,

William T. Lincoln, Ronald

D. Wagner

Gift Acceptance Committee

Charles Abramovitz, Judy D.

GOVERNANCE: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 15

McCormick, Laura B. Pannier,

Douglas C. Scholz

Grants Committee

Charles A. Jones, chair; Charles

Abramovitz, Thomas C. DeRoss,

Leo E. Knight, Jr., Gary L. LeRoy,

Maureen Patterson, Jerome F.

Tatar, Vanessa O. Ward, Fred

E. Weber

Marketing/Public RelationsCommittee

Fred C. Setzer, Jr., chair; John F.

Bieber, Herbert E. Brown, Ellen

Ireland, Charles A. Jones, Helen E.

Jones-Kelley, Robert J. Kegerreis,

Kevin L. McDonald, Walter J.

Ohlmann, Betsy B. Whitney,

Frank J. Winslow

FOUNDATION VOLUNTEERS

The Dayton Foundation’s volun-

teers are dedicated individuals

willing to give their time, energy

and talents to help the Founda-

tion meet the current and future

needs of the Greater Miami

Valley region.

In addition to the members

of the Governing Board and its

standing committees, many other

citizens volunteer to assist in the

office and serve on committees

that guide programmatic and

philanthropic activities in the

community. Their integrity, ability

and knowledge of the region’s

charitable needs provide a quality

of citizen involvement that char-

acterizes a true community

foundation.

The Dayton Foundation is

deeply grateful for the special

role these individuals play in this

community foundation’s success.

“[Foundation] volunteers’ integrity, ability and knowledgeof the region’s charitable needs provide a quality of citizen in-volvement that characterizes a true community foundation.”

16

STAFF

President

Michael M. Parks

Senior Management Team

Joseph B. Baldasare, vice

president, Development

Stephen D. Darnell, vice

president, Finance

Carol Siyahi Hicks, vice

president, Marketing and Public

Relations

Pamela S. Sunderland, vice

president, Operations

If you would like information

about The Dayton Foundation,

you may call (937) 222-0410 or

toll free at (877) 222-0410. You

may want to ask for one of the

following people, if you have a

specific area of interest.

Development: Joe Baldasare

Finance: Steve Darnell

Grants: Marilyn Shannon or

Diane Timmons

Literature or General Information:

Chris Smith or Carol Siyahi Hicks

Left to right: Joseph B. Baldasare, Pamela S.Sunderland, Stephen D. Darnell, Carol SiyahiHicks, Michael M. Parks

▲

Returning What Was Given:Dick and June Smythe

Dick Smythe, a board member of TheSalvation Army of the Greater DaytonArea, and his wife, June, use their DaytonFoundation endowed fund to show their

appreciation to the community thathelped them to build a successful businessand a prosperous life. The Salvation Armyis of special interest to them because ofits efforts to help those less fortunate.

“Growing up, my family was poor,”Dick Smythe said. “The idea of giving toothers in need wasn’t something I wasactively exposed to as a child.” Instead,Mr. Smythe credits fellow businessmenand community leaders Jesse Philips andZimmel Miller for helping him create aphilanthropic vision for his family.

“They had a big influence on my life,”Dick Smythe said. “Jesse Philips, a formerDayton Foundation Governing Boardmember and former chair, instilled in mywife and me the importance of givingback to the community where we madeour living. He encouraged us to use theservices of the Foundation, instead ofopening a private foundation.”

“We’ve made a good living and haveenjoyed all the wonderful amenities thatDayton has to offer,” June Smythe said. “Weowe it to the community to give somethingin return. It’s simply the right thing to do.”

Photo: The Salvation Army provides daily necessitiesof life – food, shelter and warmth – for individualsin need, including victims of natural disasters.

continued

18 OUTCOMES: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004- 2005

OUTCOMES: DAYTON FOUNDATION INITIATIVESAND GRANTMAKING

A WORD ABOUT

OUTCOMES

Through a combi-

nation of grant-

making, special initiatives and

facilitating discussions with local

not-for-profit organizations, The

Dayton Foundation is making

a difference to the present and

future of the Greater Miami

Valley region.

Among its efforts in 2004-

2005, The Dayton Foundation:

❧ made more than $33.6 million

in grants and program distribu-

tions – primarily at the advice,

direction or designation of donors

– to nonprofit organizations that

impact the quality of life in the

region and beyond;

❧ collaborated with others to

launch a neighborhood school

centers project that has the po-

tential to improve the lives of

children and families in Dayton

neighborhoods;

❧ spearheaded an effort leading

to a coalition that is testing a

model to help Dayton businesses

attract and retain a more diverse

work force;

❧ helped 44 local nonprofits

build their endowments through

a planned and deferred gift pro-

gram (please see page 31);

❧ helped facilitate the merger

of two important Dayton non-

profits that will lead to greater

efficiencies and new opportuni-

ties for the community; and

❧ is facilitating other discussions

between nonprofits to explore

ways to partner and collaborate.

OUTCOMES: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 19

GOVERNING BOARD

INITIATIVES

In recent years The Dayton Foun-

dation’s Governing Board has

initiated a number of ground-

breaking activities to help address

key issues in the community. By

providing financial support and

bringing people and organizations

together to support these issues,

the Foundation is playing a lead-

ership role in creating a positive

difference for the Greater Miami

Valley region.

Foundation leadership initia-

tives as of June 30, 2005, include

the following:

Neighborhood School CentersProject

In January 2005 The Dayton

Foundation announced its new-

est initiative to create neighbor-

hood school centers at up to six

Dayton elementary schools slated

to be rebuilt over the next three to

four years. An Oversight Council

of 25 community leaders, chaired

by Dayton Foundation Governing

Board Member Charles A. Jones,

oversees the work of this initiative,

which will put Dayton public

elementary schools at the center

of rebuilding neighborhoods.

Children and adults will benefit

from after-school and weekend

programs, and neighborhoods

have the chance to thrive through

Members of Edison Elementary School’s choirperforming at the press conference announcingthe Neighborhood School Centers Project


improved safety and stronger

community pride.

The Dayton Foundation orga-

nized a funding collaborative and

secured $405,500 in funding

from 16 community partners for

the planning phase, including

the hiring of the University of

Dayton’s Raymond L. Fitz Center,

S.M. Center for Leadership in

Community, to design the con-

cept for these centers and build

the partnerships. This effort is a

collaboration of The Dayton

Foundation, the funding part-

ners, Dayton Public Schools, the

City of Dayton and Montgomery

County.

Promoting Multicultural Diversityand Inclusion

Undertaken initially in 1999,

The Dayton Foundation’s initia-

tive to make diversity and inclu-

sion a regional strength is chaired

by Emeritus Governing Board

Member John E. Moore, Sr.

The Foundation created a Task

Force of 33 local leaders from

public, private and not-for-profit

organizations. They identified five

key projects. The most significant

effort to date has focused on a

model to help small- and medium-

sized businesses attract and

Ultimately the diversity initiative will helpbusinesses of all kinds to create a diverse andinclusive work force.

“The most significant [diversity] effort to date has focused ona model to help small- and medium-sized businesses attractand retain a diverse group of capable employees.”


retain a diverse group of capable

employees. Seventeen Dayton

Tooling and Manufacturing Asso-

ciation companies currently test-

ing the model are learning new

strategies to recruit, train, hire and

retain diverse groups of employees.

Ultimately the model will help

businesses of all kinds to create a

diverse and inclusive work force,

while providing minorities with

access to jobs that pay a livable

wage.

FACILITATING DISCUSSIONS

WITH OTHER NOT-FOR-PROFITS

In the past fiscal year, The Dayton

Foundation has assisted in the

facilitation of creative discussions

among several Dayton-area not-

for-profits who sought these

discussions. The talks are aimed

at how to create greater efficien-

cies and strengthen these organiza-

tions for the ultimate benefit of

the region.

Dayton History

The merger of Carillon Historical

Park and Montgomery County

Historical Society into a new

organization, known as Dayton

History, will pave the way for

greater efficiencies in accessing

and preserving Dayton’s rich

history.

Created through the merger of Carillon HistoricalPark and Montgomery County Historical Society,Dayton History brings the region’s creativeheritage to life.


The Dayton Foundation assisted

with financing and governance

issues related to the merger, which

is expected to result in better

access to historical collections and

resources for the Greater Miami

Valley community and beyond.

Dayton-Area Arts Organizations

Five local arts organizations have

requested The Dayton Founda-

tion’s help in providing assistance

to examine ways to partner and

collaborate that would be in the

long-term, best interests of the

organizations and the community.

Thanks to a Foundation donor

and a discretionary grant, The

Dayton Foundation was able to

provide funding to hire a plan-

ning firm to facilitate discussions

between CITYFOLK, Dayton

Contemporary Dance Company,

The Human Race Theatre Com-

pany, The Muse Machine and

Rhythm in Shoes. While the dis-

cussion will not result in a merger,

the dialogue is an extension of

the groups’ history of partnership

and their desire to become increas-

ingly efficient in their operations

and effective in their missions.

CITYFOLK, a presenter of traditional andethnic performing arts, is one of five local artsorganizations in creative discussions aboutcollaboration.

▲

Giving Others a Chance:Karma Winburn

Whether she is giving to the HuberHeights Community Foundation to sup-port programs, such as the local YMCAbranch, or to her high school alma mater,

Karma Winburn believes in the power ofhelping others who are less fortunate.“Giving is an essential part of the humanspirit,” Ms. Winburn said. “Even if youonly have $5 to contribute, it can make allthe difference to someone who doesn’thave anything.”

As a newly appointed board memberof the Huber Heights Community Foun-dation, a component fund group of TheDayton Foundation, Karma Winburn sees itas an opportunity to serve her communityand convey this important message.

“For me, giving is so rewarding,” Ms.Winburn said. “I know that when I con-tribute to a cause that matters to me, I’mmaking a difference in someone’s life. Acommunity foundation shares in this role.It has the power to enhance a communitythrough charitable giving and to connectindividuals to the needs of others. I believethat everyone who has the resources togive should do so.”

Karma Winburn enjoys using her DaytonFoundation Charitable Checking AccountSM

to facilitate her charitable giving locallyand nationwide.

Photo: The Huber Heights YMCA is one organiza-tion that the newly formed Huber Heights Com-munity Foundation plans to support and promoteto area residents.

continued


2004-2005 GRANTMAKING

HIGHLIGHTS

In 2004-2005 The Dayton Foun-

dation made $33,630,448 in

grants and program distributions

to assist charitable organizations

and the community. Included

in this amount were more

than 15,700 grants, totaling

$30,302,577, which were

awarded from a variety of en-

dowed (long-term) funds and

Charitable Checking AccountsSM

established at the Foundation by

individuals, families, businesses

and not-for-profit organizations.

Foundation donors advise, direct

or designate these grants to the

specific charitable organizations

of their choice.

Discretionary Grants

Thanks to donors who have

placed no restrictions on the

grants made from their endow-

ment funds, the Foundation has

been able to address some of our

community’s most pressing prob-

lems and opportunities through

program initiatives and as part

of the discretionary grantmaking

program.

All discretionary grant requests

are researched by the Foundation’s

Grants and Programs staff before

being reviewed by the Grants

Committee. This volunteer com-

mittee, representing a broad

spectrum of the community,

makes its recommendations to

the Governing Board for final

decision. At a later date the Foun-

dation staff follows up with grant-

ees to assure that grant dollars

have been used properly.


In the past fiscal year, The

Dayton Foundation paid discre-

tionary grant awards totaling

$668,500. Among those were

$325,000 in multi-year commit-

ments to support major commu-

nity efforts and the Foundation’s

leadership initiatives. The multi-

year commitment awards went to:

Arts Center Foundation ($100,000),the Foundation’s final payment of asix-year, $1 million commitment tostimulate the ongoing revitalizationof downtown Dayton through con-struction of the Benjamin & MarianSchuster Performing Arts Center;

The Dayton Foundation, as repository

($25,000), year one of a two-year$50,000 commitment to the Neigh-borhood School Centers Project; and

Sinclair Community College

($200,000), year three of a six-year, $1million commitment to the Fast For-ward Center to aid area young people– previously deemed lost to the school

system – in obtaining a high schooleducation.

The Dayton Foundation is

continuing its financial commit-

ment for the K-12 education

initiative, which is focused on the

Out-of-School-Youth Program.

The Program was established to

provide alternative educational

solutions to help an estimated

5,600 Montgomery County school

dropouts to become successful,

contributing members of the

community. As of June 30, 2005,

more than 3,000 young peopleThe Fast Forward Center is a comprehensivenetwork of alternative learning environmentsthat support programs for out-of-school youth.

“The Dayton Foundation made more than $33.6 million ingrants and program distributions...to nonprofit organizationsthat impact the quality of life in the region and beyond.”


had returned to school, with 1,049

students in the last four years

having received their high school

degree or GED equivalent.

The Dayton Foundation’s 49

new discretionary grants totaled

$363,742. Included in this amount

were 12 grants totaling $45,200

from the Robert and Helen Har-

mony Fund for Needy Children.

This fund helps children with

financial need to attend resident

camps and health-camp programs.

Organizations awarded discre-

tionary grants of $5,000 and

above follow.

Affecting Community Transformation

($7,500) – educational and financialprograms for residents of Parkside, alow-income housing neighborhoodin Dayton.

Aullwood Audubon Center and Farm

($50,000 over two years) – farm com-plex renovation and expansion.

Aviation Heritage Foundation, Inc.

($12,000) – preservation and promo-tion of the region’s aviation heritage.

Camp Fire USA Greater Dayton

($5,000) – recreational and educa-tional programs for youth.

Clothes That Work! ($10,000) –creation of a resale clothing boutique.

Dayton Society of Natural History

($10,000) – SunWatch Indian Villagerenovations.

Dayton Theatre Guild ($25,000) –downtown Dayton theatre construction.

The Aviation Heritage Foundation advocates forthe preservation and promotion of Dayton’saviation heritage.


Dayton 32nd Degree Masonic Learning

Center for Children ($15,000) – tutor-ing services for children with dyslexia.

Dayton Visual Arts Center ($25,000) –facility renovation and organizationrelocation.

Easter Seals Goodwill Technology Re-

source Center, Inc. ($15,200) – Com-mittee to Aid the Blind assistance.

The Foodbank, Inc. ($25,000) – start-up funding to become a free-standingoperation.

The Human Race Theatre Company

($10,000) – educational programming.

Miami Valley Literacy Council

($10,000) – materials and training forvolunteer tutors.

Oak Tree Corner, Inc. ($5,000) –hiring of mental health consultants.

Sinclair Community College Founda-

tion, as fiscal agent ($5,000) – for TheYouth Council of the Workforce PolicyBoard to update career-oriented videosfor middle-school students.

St. Vincent Hotel, Inc. ($50,000 overtwo years) – building renovation andorganization relocation.

United Way of the Greater Dayton Area

($10,000) – challenge grant to helpstimulate campaign gifts.

Innovative, contemporary art exhibitions areoffered year-round at the Dayton Visual ArtsCenter.

United Way of the Greater Dayton Areasupports a local network of health and humanservices.

28 INFORMATION FOR GRANT APPLICANTS: THE DAYTON FOUNDATION REPORT TO TH E COMMUNITY 2004-2005

GRANTMAKING

GUIDELINES

The Dayton Foun-

dation welcomes

grant requests from organizations

that benefit citizens in the Dayton/

Miami Valley region and that are

recognized as tax-exempt under

Section 501(c)(3) of the Internal

Revenue Code. The size and

number of grant awards are related

directly to the amount of money

available and donor restrictions

on the uses of certain funds.

In order for the Foundation’s

discretionary grants to truly

benefit the community, special

emphasis is placed on new efforts

or expansions of existing projects

or initiatives that do one or more

of the following:

❧ provide for more efficient use

of community resources; promote

coordination, cooperation and

sharing among organizations;

and reduce the duplication of

services in the community;

❧ test or demonstrate new

approaches and techniques for

solving important community

problems;

❧ represent a unique opportu-

nity that will affect a substantial

number of people;

❧ promote volunteer participa-

tion and citizen involvement in

community affairs;

❧ help build organizational

capacity; and

INFORMATION FOR GRANT APPLICANTS

▲

Family-Inspired Giving:J. Marty and Dottie Miller

Giving to support the work of UnitedRehabilitation Services (URS) seemed likethe right thing to do to Dottie and J. MartyMiller after their granddaughter was born

with a sensory disorder and receivedspecialized therapy at URS. Six years later,their granddaughter is progressing well.

Helping individuals and organizationsthat truly need help is part of the Millers’philosophy of giving. “Foremost, wesupport the causes that our family hasbeen involved in and that have had themost impact on their lives,” said MartyMiller, who has served on numerous com-munity boards, including the committeethat helped to build URS’s current facilityin Dayton. Marty Miller now sees hisdaughter, Amy, following his example.

“Amy always has a cause that she’sfighting for, especially those that involvechildren with special needs. She says ‘Ihave all the patience in the world for thosethat God has shortchanged,’” said DottieMiller. “We’re proud to support her inthese efforts and to provide for worthycommunity efforts that make a difference.”

In addition to their Charitable CheckingAccount,SM the Millers have made plans for asecond Dayton Foundation fund (endowed)that one day will be advised by their daughter.

Photo: For nearly half a century, URS has offeredprograms and services to enrich the lives of chil-dren and adults with special needs.

continued

30 INFORMATION FOR GRANT APPLICANTS: THE DAYTON FOUNDATION REPORT TO TH E COMMUNITY 2004-2005

❧ strengthen the organization by

reducing operating costs, increas-

ing public financial support and/

or improving internal management.

Grant application information, includ-ing deadlines for submission, is avail-able on the Foundation’s web site atwww.daytonfoundation.org or bycontacting Marilyn Shannon, seniorprogram officer, at (937) 225-9973, orat [email protected].

The Foundation’s web site also offersScholarshipCONNECT – www.daytonfoundation.org/scholars.php. Thissearchable, online directory containsinformation about more than 120scholarships available through en-dowed funds established at TheDayton Foundation.

2004-2005 Grants Paid, by Classification of Donor Funds*

SupportingOrganization$2,091,919

Discretionaryor Unrestricted$668,500

FamilyFoundationPlusSM

$816,396

CharitableAccounts, Inc.$882,915

Scholarship$1,533,436

Donor-Advised$3,208,109

DesignatedEndowment$4,368,438

CharitableChecking AccountSM

$16,732,864

*Program expenditures not included

LEGACY PARTNERSHIP PROGRAM: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 31

LEGACY PARTNERSHIP PROGRAM OF THE DAYTONFOUNDATION

A NATIONAL

FIRST

This first-in-the-

nation program

has made great strides in helping

participating organizations iden-

tify new legacy gifts – 256 in the

last fiscal year (July 1, 2004-June

30, 2005), for a total of 556

legacy gifts since 2002.

Between the initiation of the

Legacy Partnership Program in

2002 and June 30, 2005, The

Dayton Foundation has helped

50 local, not-for-profit organiza-

tions (44 during this past fiscal

year) to start a planned and de-

ferred giving program or invigo-

rate an existing program to help

sustain their operations and

strengthen their future.

The Dayton Foundation’s

Legacy Partnership Program:

❧ teaches an approach to endow-

ment building with a proven track

record of securing legacy gifts;

❧ provides a structure and disci-

pline to assure that charities have

allocated time to devote to their

program;

❧ provides support for endow-

ment-building efforts, with access

to the Foundation’s services and

Development staff with planned

and deferred giving knowledge

and experience; and

❧ helps charities grow their

resources for the benefit of the

community.

Organizations participating in

the Legacy Partnership Program

as of June 30, 2005, include the

following:

32 LEGACY PARTNERSHIP PROGRAM: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

Alzheimer's Disease and RelatedDisorders Association, Miami ValleyChapter

American Lung Association of Ohio

Aullwood Audubon Center and Farm

Beth Abraham Synagogue

Big Brothers and Big Sisters of GreaterDayton

Building Bridges, Inc.

Cancer Prevention Institute

Carillon Historical Park

Catholic Social Services of the MiamiValley

Centerville-Washington TownshipHistorical Society

Central State University

CITYFOLK

James M. Cox, Jr., ArboretumFoundation

Day-Mont Behavioral Health Care, Inc.

Dayton Ohio Habitat for Humanity

Dayton Rotary Club Foundation

Dayton Urban League

Family Service Association

Gloria Dei Montessori School

Greater Dayton Pro-Life EducationFoundation

The Human Race Theatre Company

Improved Solutions for Urban Systems

Lima Convalescent Home Foundation, Inc.

Lima Library Association

Miami Valley Hospital Foundation

Miami Valley School

The Muse Machine

National Aviation Hall of Fame

Partners for Community Living (Choices & Residents Home Association forthe Mentally Retarded)

Places, Inc.

Planned Parenthood Southwest OhioRegion

St. Paul’s Episcopal Church

SICSA (The Society for the Improvementof Conditions for Stray Animals)

South Community, Inc.

Suicide Prevention Center, Inc.

Think TV

Unified Health Solutions, Inc.

United Way of the Greater Dayton Area

United Way of Greater Lima

Wegerzyn Gardens Foundation

Wellness Connection of the Miami Valley

Westminster Presbyterian Church

WDPR Public Radio

YWCA of Dayton

CONTRIBUTORS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 33

GIFTS THAT

STRENGTHEN

The Governing

Board extends its

sincere thanks to the many indi-

viduals, corporations and finan-

cial institutions that contributed

to The Dayton Foundation’s

Operating Fund in 2004-2005.

These gifts enable the Foundation

to provide and strengthen services

for donors and not-for-profit

organizations in our community,

undertake leadership initiatives

and underwrite efforts that

improve the quality of life in

the Greater Miami Valley – today

and in the future.

Financial Institution Partnership-Level Gifts to the Foundation’sOperating Fund

Gold Level

JPMorgan Chase Bank, N.A.

Silver Level

Fifth Third BankNational City Bank

Bronze Level

PNC Bank, Ohio, NA; US Bank; KeyBank,NA; Behnken and Associates, Inc.;Buckingham Financial Group; Eubel,Brady & Suttman Asset Management;James Investment Research, Inc.;

Linsco/Private Ledger Financial Services;Spears, Grisanti & Brown, LLC; UBSFinancial Services, Inc.; Merrill Lynchand Company; Wachovia Securities;Mead, Adam & Co., Inc.; TransamericaInvestment Management, LLC

Individual and Other Gifts to theOperating Fund

Partner ($1,000 - $5,000 or Above)

Mr. & Mrs. Jack Adam, Scott &Sherry Behnken, Mr. & Mrs. JohnBerry, Jr., McGohan Brabender, Jay A.Buckingham, Mr. & Mrs. Lysle D.Cahill, Mr. & Mrs. L. William Crotty,Thomas & Mollie Danis, RichardFerguson, Mr. & Mrs. CarmineGarofalo, Mr. & Mrs. David A. Gasper,Richard F. Glennon, Christopher C.Grisanti, Franz & Margaret Hoge, David

2004-2005 DAYTON FOUNDATION OPERATING FUNDCONTRIBUTORS

34 CONTRIBUTORS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

R. & Nancy L. Holmes, Dr. & Mrs.Mason S. Jones, Mr. & Mrs. WarnerKiefaber, Jr., Mary Kittredge, Leo E.Knight, Jr., Maurice Krug, Bill & JudyMcCormick, McGohan Brabender, Inc.,David Meeker, Gerald & Carole Miller,Mr. & Mrs. Richard K. Mommsen, E.Lee Monnin, Pete & Laura Pannier,Mike & Amy Parks, Mr. & Mrs. RonaldParsons, William P. & Suzanne PattersonFamily Foundation, Mr. & Mrs. BurnellRoberts, Doug & Sharon Scholz, Mr. &Mrs. Rick Schwartz, John Sullivan, Jr.,Jerome & Lorelei Tatar, Lois Thalheimer,Virginia B. Toulmin, Vectren Foundation,Inc., James Walsh, Betsy & LeonWhitney, Kevin R. Wichman

Friend ($500 - $999)

Orlando & Leonora Brown, Mr. & Mrs.Glenn W. Bylsma, Fund Evaluation

Group, Mary Lange Hayes, Helen E.Jones-Kelley, Dr. & Mrs. Neil Kantor,Paula J. MacIlwaine, Mr. & Mrs. CharlesMcNamee, Edward R. Stege, Jr., Fred& Judith Weber

Supporter ($150 - $499)

Barbara K. Ackerman, Kent Anderson,Mr. & Mrs. Joseph Baldasare, MargeryBeerbower, Mr. & Mrs. Richard Blessing,A. Rodney Boren, Tom & CarolBreitenbach, Mr. & Mrs. William H.Broad, Mr. & Mrs. Richard F. Carlile, Dr.& Mrs. James R. Clark, Lewis Costan,Mr. & Mrs. Thomas Creager, DorothyCulp, John Demos, Mr. & Mrs. MarkD’Urso, Mr. & Mrs. Ronald L. Eubel,Virginia Goebel Fisher, Georgia Floridis,Charles & Lucille Gebhardt, Mr. & Mrs.Steven Goens, Mr. & Mrs. Donald L.Grieshop, Donald & Bo Hall, Mr. &

Mrs. Nick Harris, Mr. & Mrs. DouglasHawthorne, Carol Siyahi Hicks, WilliamJ. Hoben, Mr. & Mrs. Louis Homan,Frances Hussey, Mr. & Mrs. Don Ire-land, Frank James, M. E. Joefreda, Mr. &Mrs. Charles Jones, Mr. & Mrs. RobertS. King, Jeannette Lacouture, Mr. & Mrs.William Lincoln, Mr. & Mrs. LawrenceLitscher, Andrew J. Manganaro, RobertS. Margolis, Tatjana Mauch, Mr. & Mrs.Thomas R. Neeld, Mr. & Mrs. RobertNeumeister, Bob & Linda Nevin, MargyPatterson, Maureen Patterson, Gordon& Ruth Price, Thomas P. Price, Jr., JanRudd, Edwin & Nancy Ryan, John L.Schaefer, Mr. & Mrs. Alan Schaeffer,Jane Scharrer, Mr. & Mrs. Joseph Scul-lion, Mr. & Mrs. Fred C. Setzer, Jr., Del& Marilyn Shannon, EdwardShinabarger, Mr. & Mrs. Boris Sokol,

Helping Their Community Thrive:Jayne and Rob Connelly

Jayne and Rob Connelly express theirdesire to help their community thrive bysupporting organizations like Cox Arbore-tum & Gardens MetroParks through their

▲

Dayton Foundation endowment fund.“Giving back to our community,

through time or money, is as importantas our daily work,” said Rob Connelly, aformer Cox Arboretum board memberand current chairman of the newly formedDayton History. “A community knowswhat’s best for its citizens. It’s up to eachof us to make a difference.” Inspiring thissame drive in their three young childrenis something that the Connellys feel isboth important and necessary.

“My mother was an incredible rolemodel for volunteerism and giving,” JayneConnelly said. As a child, she frequentlyfollowed her mother on visits to hospitalsor nursing homes. “She believed that byexposing me to this service and seeingfirsthand the good that can come fromit, I would become more sensitive to theneeds and conditions of others.” Shewas right.

Photo: The serene landscapes of Cox Arboretum& Gardens MetroParks allow visitors of all ages toexperience the natural beauty of the land.

continued

36 CONTRIBUTORS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

James & Katherine Stahler, John C.Stahler, Mr. & Mrs. Jeffrey P. Startzman,David & Pamela Sunderland, Mr.& Mrs. Thomas Suttmiller, TheSiebenthaler Co., William Thorn,Bradley Weber, Dr. & Mrs. Stuart T.Weinberg, Henry Wilson, Lillian Zau

Donors (under $150)

Anonymous Donor, Mr. & Mrs. RobertC. Appenzeller, Glenn & MargaretBarnhart, Fred & Joy Bartenstein, Mr.& Mrs. Brian Beebe, Neal B. Brubaker,Mary E. Caldwell, Mr. & Mrs. John R.Callander, C. Patrick Carroll, Dr. & Mrs.Richard Carroll, Lois A. Caylor, TimothyO. Cornell, Genevieve Danis, Mr. &Mrs. Stephen Darnell, Mr. & Mrs. DonaldDonoher, Jane Dunwoodie, Mr. & Mrs.Harry G. Ebeling, Elizabeth Elliott,

Helen B. Farrenkopf, Mr. & Mrs. ChesterE. Finn, Sidney M. & Bertha Gamsu,Mr. & Mrs. Gary L. Gepfrey, BarbaraPflum Gobrail, Mr. & Mrs. Robert Green,Eugene & Mary Jane Gross, Mr. & Mrs.Donald Harker, III, Clifton C. Hawkins,Mr. & Mrs. J. Stephen Herbert, RobertHitchcock, Frank & Kathy Hollingsworth,Virginia & Hans Hoztrager, Mr. & Mrs.Paul Hyde, Mr. & Mrs. John A. Kautz,Mark W. & Joyce N. Klug, Mr. & Mrs.Brady W. Kress, Kenneth L. Kuhbander,Kuhns Brothers Co. Foundation, MarjorieLahm, Thomas E. & Suzanne Landgren,Dr. & Mrs. Gary L. LeRoy, Edythe Lewis,Marianna E. Leyes, Mr. & Mrs. RichardMartin, Dr. & Mrs. David Mathews,Kevin & Mary McDonald, Dale & KarenMedford, Mr. & Mrs. David K. Miller,Eleanor & Raymond Must, Peter J. &

Barbara Neroni, Mr. & Mrs. David Oertel,Walter & Selma Ohlmann, Robert E.Owen, Phillip L. & Donna S. Parker, Mr.& Mrs. Robert J. Perkins, Mr. & Mrs.Norman V. Plair, Mr. & Mrs. Harold S.Prigozen, Richard & Mary Pryor, Karen K.Purdum, Mr. & Mrs. Greg Rich, JosephM. Rodgers, Mr. & Mrs. Frank Sagstetter,Gerald & Ann Schmidt, Miles & LindaSchmidt, Albert F. Schneider, WilliamC. & Dorothy O. Scott, Mary MarshallSidorsky, Mr. & Mrs. George A. Slenski,G. Richard Smith, Mr. & Mrs. KennethStegemiller, Dr. & Mrs. Jack Strickler,Mr. & Mrs. Kenneth A. Taylor, Mr. &Mrs. William G. Uhl, Louise Van Vliet,Mr. & Mrs. Robert E. Warren, Mary F.Weis, Dr. & Mrs. Philip A. Weisman,Frank J. Winslow, Karl L. Zengel

FINANCIAL HIGHLIGHTS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 37

2004-2005 FINANCIAL HIGHLIGHTS

HEALTHYPERFORMANCE

DESPITEECONOMIC

UNCERTAINTY

U.S. equities exhibited gains for

the second consecutive year. If

there were a theme for the market

during fiscal 2005 (July 1, 2004,

to June, 30, 2005), it would have

been “uncertainty.”

Rising oil prices, the outcome

of the presidential election and the

war in Iraq continued to weigh

heavily on investors’ minds. Mid-

and small-cap stocks continued

to outperform large-cap stocks.

Growth stocks significantly under-

performed value stocks. The U.S.

dollar continued to decline, and

U.S. investors who allocated funds

to international equities benefited.

Inflation appeared to be con-

tained and the 10-Year Treasury’s

yield ended the year at 3.9 percent.

The Fed increased interest rates

several times during the year,

which drove short-term yields

up. As a result, the yield curve

flattened during 2005, causing

long-term bonds to outperform.

The resulting one-year total

return for the LB Aggregate Bond

Index was strong (6.8 percent).

High-yield and emerging-market

bonds continued to be among

the top performers.

Compared with the prior year,

total assets of The Dayton Foun-

dation, before depreciation, rose

by $22.6 million (a 9.5 percent

increase) to $260.6 million. Total

contributions to all entities of

The Dayton Foundation totaled

$42.4 million. Grantmaking and

distributions to nonprofit organi-

217.3

238.0

95.4

118.0

161.1

207.7

239.4 232.3

214.3

260.6

38 FINANCIAL HIGHLIGHTS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004- 2005

zations were $33.6 million for

the year. Documented legacies

(planned and deferred gifts)

totaled $212.7 million at June

30, 2005.

I am pleased to report that

the independent accounting and

auditing firm of Pricewaterhouse

Coopers LLP has completed its

fiscal year-end audit of the com-

bined financial statements of

The Dayton Foundation and

related entities and has issued an

unqualified opinion thereon.*

Fund Evaluation Group, Inc.,

Grants and Charitable Distributions (all in $ millions)

Net Assets (Before Depreciation) (all in $ millions)

95-6 96-7 97-8 98-9 99-00 00-01 01-02 02-03 03-04 04-05

95-6 96-7 97-8 98-9 99-00 00-01 01-02 02-03 03-04 04-05

39.134.2

12.418.4

23.8

37.4 36.6 36.231.5 33.6

FINANCIAL HIGHLIGHTS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 39

an independent performance

measurement firm hired by The

Dayton Foundation, continues to

monitor our investment managers’

performance results. For the fiscal

year ending June 30, 2005, the

composite time-weighted total

return of our discretionary assets,

after fees, was 7.1 percent.

On behalf of The Dayton Foun-

dation, I would like to personally

thank the Foundation’s donors,

who have given generously and

made a charitable commitment to

the Greater Dayton region. In so

doing, they have helped grow

the Foundation’s community assets

to the largest in The Dayton

Foundation’s 84-year history.

Laura B. Pannier

Chair, Finance Committee

* A copy of the audited financialstatements may be obtained byrequest at 2300 Kettering Tower,Dayton, Ohio 45423, or by callingThe Dayton Foundation office at(937) 222-0410 or toll free at(877) 222-0410.

40 TEN REASONS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005

TEN REASONS WHY PEOPLE CHOOSE TO GIVE THROUGHTHE DAYTON FOUNDATION

2. Our professional staff has

broad expertise regarding chari-

table-giving vehicles, as well as

community issues and needs.

We employ a staff of experts,

including two estate-planning

attorneys, two CFRE-certified

fundraising executives and a CPA

to help you and your financial

advisor focus your giving and

make it more effective. We also

have grantmaking professionals

and three former CEOs of local

not-for-profit organizations to

offer their knowledge of commu-

nity issues, opportunities and

resources.

3. We provide highly personal-

ized service, tailored to each

individual’s charitable and

financial interests.

Whether you want to give

now or in the future, locally or

nationwide, we can customize a

charitable-giving plan to make

your philanthropic and financial

goals a reality. You also can be as

1. We are a local

organization with

deep roots in the

community.

Since 1921 The Dayton Founda-

tion has been an effective steward

of the community’s charitable

resources. Representatives of

diverse local leadership appoint

the Foundation’s volunteer

Governing Board, which oversees

all facets of the Foundation’s

operations.

A Family Legacy of Giving:Betsy and Lee Whitney

Giving to support the work of CarillonHistorical Park is a natural evolution of thelives of Betsy and Lee Whitney. It’s hard tothink of a charitable activity in Dayton that

▲

the Whitneys are not in some way involved– with time as well as charitable funds.

“We both came from giving families,”Lee Whitney said. “My mother was a RedCross ‘Gray Lady’ during World War II. Shevolunteered at an Armed Forces School forthe Blind, where wounded soldiers learnedto reorganize their lives.” That long andintimate involvement helped shape Mr.Whitney’s life. “Giving is part of life,” he andMrs. Whitney said simply. And giving forthem is very much a matter of the heart.

The Whitneys also are active in helpingtheir children build a habit of giving. Whilethey plan to leave a charitable legacybehind, they love giving today. “There’ssuch a need,” they said, “and it’s somuch fun!”

Betsy Whitney is an Emeritus GoverningBoard Member of The Dayton Foundation.In addition to establishing an endowmentfund to honor Lee Whitney’s parents, theWhitneys have set up a Charitable CheckingAccount,SM deferred gifts and and a FamilyFoundation PlusSM fund (an alternative to aprivate foundation).

Photo: Lee Whitney is a frequent volunteer guideat Carillon Historical Park. Carillon enriches theregion’s quality of life by bringing local historyalive in a beautiful park setting.

continued


involved in your charitable giv-

ing as you wish. We will meet

with you and your financial advi-

sors to discuss your charitable-

giving needs and how we can

best fulfill them.

4. Our charitable funds help

people invest in the causes they

care about most.

We offer an array of endowed

fund options that allows your

fund to be positioned for growth

over time and to provide lasting

support for the charitable causes

most meaningful to you. You can

select the degree of involvement

and recognition (or anonymity)

you desire in awarding grants to

charity. The Foundation’s free

Charitable Checking Account

ServiceSM also provides a great

way to handle your regular chari-

table gifts, such as to your place

of worship or other favorite char-

ity, and enables you to open your

account and do your giving

online.

5. We accept a wide variety of

assets and can facilitate even the

most complex forms of giving.

You can gift cash, appreciated

stock, real estate or other assets

and receive maximum charitable

and tax benefits. You also can

plan future gifts through be-

quests, lead trusts, life insurance

policies and other arrangements.

Tools, such as a charitable gift

annuity or charitable remainder

trust, can provide an income

stream for you and/or a loved

one, while generating an imme-

TEN REASONS: THE DAYTON FOUNDATION REPORT TO THE COMMUNITY 2004-2005 43

diate tax deduction and creating

a charitable legacy with the re-

mainder interest.

6. We partner with professional

advisors to create highly effective

approaches to charitable giving.

Every day, local professionals

provide invaluable tax-, financial-

and estate-planning advice to

clients who are charitably inclined.

A significant percentage of donors

is introduced to the Foundation

through their trusted advisors.

We work with donors and their

advisors to develop the best and

most tax-wise, customized and

effective charitable-giving plans.

7. We offer maximum tax

advantages under state and

federal law.

Gifts of cash to The Dayton

Foundation are deductible up to

50 percent of your adjusted gross

income (AGI); gifts of appreci-

ated, long-term capital gains

property are deductible at fair-

market value, up to 30 percent of

AGI. We also can offer solutions

to help reduce estate-tax liability.

8. We multiply the impact of

gift dollars by pooling them with

other gifts and grants.

Combining unrestricted con-

tributions provides a source of

funding to help the Foundation

respond to current and future

community needs through the

Foundation’s discretionary grant-

making process and leadership

initiatives. Coupled with grants

from more than 2,000 donors’

funds, they produce a collective

force for community good.

9. We build permanent endow-

ment funds that benefit the com-

munity forever and help create

personal legacies.

Each year we assist thousands

of donors and award tens of mil-

lions of grant dollars to charitable

organizations for worthy causes.

We take pride in the role we play

in carrying out the dreams of

our donors and in keeping our

community strong.

10. We are a community leader,

convening agencies and coordi-

nating resources to create positive

change.

The Dayton Foundation brings

together community leaders and

nonprofit organizations to identify

emerging problems and opportu-

nities in our region, as well as to

find new ways to work together

to meet challenges. Our leadership

initiatives address large-scale

community issues, may involve

major, long-term grant commit-

ments and foster partnerships

between interested parties, funders

and local service providers. By

combining the knowledge and

resources of multiple organiza-

tions, these partnerships have the

opportunity to create a greater

impact on our community than

any one organization could

accomplish alone.

For more information about thebenefits of working with The DaytonFoundation to fulfill your charitablegoals, visit the Foundation’s web site– www.daytonfoundation.org – orcall (937) 222-0410 or toll free at(877) 222-0410 and ask to speak toa member of our Developmentdepartment.


“The Tree of Giving”

2300 Kettering Tower Dayton, Ohio 45423 Phone: (937) 222-0410 Toll Free: (877) 222-0410 www.daytonfoundation.org Printed on recycled paper.

amial report2gives birth to an idea. we use it without th inking, as it is an un-der stood part of...

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