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How to Have Real Impact for Good in a Rapidly Changing World: Community Impact Endowment Funds
Are you looking to help your community with your charitable gifts in a way that will be proactive and have the greatest impact for good, withstanding the test of time? If so, a Community Impact Endowment Fund of The Dayton Foundation may be just the solution for you. A Community Impact Endowment Fund is an unrestricted endowment fund that can be established in your or a loved one’s name to help the Foundation meet the most pressing needs of Greater Dayton, no matter how times may change. You may designate an unrestricted endowed fund or a portion of your endowed fund – today or after your lifetime – solely for the purpose of providing the Foundation with the ongoing funding our community will need to impact the greatest challenges over time. Community needs are difficult to anticipate, but by establishing a Community Impact Endowment Fund, you can help Foundation staff address community needs and make grants to charitable organizations that engage in the most essential work at the time. The flexibility of unrestricted funds empowers the Foundation to support long-term solutions, today and tomorrow.
More information about The Dayton Foundation's Community Impact Endowment Funds is available in our brochure, Community Impact Endowment Funds: Have Real Impact for Good in a Rapidly Changing World.
Be a Part of a Collective Force for Good
Currently just 5 percent of all Dayton Foundation endowed funds is unrestricted. A small percentage of these funds is available each year for The Dayton Foundation’s strategic grantmaking program to strengthen local nonprofit organizations and for the Foundation’s community leadership initiatives (click here to learn more about the Foundation's current initiatives or here to read about our recent discretionary grants).
Since 1921, The Dayton Foundation has had a track record of effective leadership, stability and results. Over the years the Foundation has helped fund such efforts as: underwriting after-school programs during World War II, funding a study that ultimately helped secure the future of Sinclair Community College, leading in the community's response to welfare and employment issues that culminated in the creation of The Job Center, providing backing for bonds to be issued, enabling the majestic Benjamin and Marian Schuster Performing Arts Center to go forward, and many more.
To read more about these and other results of The Dayton Foundation's collaborative community leadership efforts, click here.
While much has been achieved with very modest resources, imagine for a moment how much more can be accomplished for our community with additional funds. Community foundations with large unrestricted funds have been central to communities’ ability to reinvent themselves. With a larger pool of these resources, we will be better equipped to undertake what community leadership is calling upon us to do – enlarge our leadership convening role.
Ways for You to Create a Community Impact Endowment Fund
You may create a current endowed fund or leave a legacy that is 100 percent unrestricted or a portion that is unrestricted. Another option is to designate your endowed fund to be used in your field of charitable interest - a "field-of-interest discretionary fund" (such as for the greatest needs for children, education, arts and culture, or the environment.) To learn about the many ways you can contribute to your current or deferred Community Impact Endowment Fund, click here.
A Vision for Change
Your support is the only way we can enlarge our community leadership role. By establishing a Community Impact Endowment Fund, you can help to achieve a vision for Greater Dayton that is nimble and positive. You will be part of a family of donors who share a community perspective that is regionwide, strategic and problem-solving in focus.
To learn more about how you can expand your capacity to help others and have your family's name be attached to grants made from your named, Community Impact Endowment Fund, call (937) 222-0410 and ask for Joe Baldasare on our development staff.
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Donors Who Have Established Community Impact Endowment Funds
“Giving unrestricted funds is a wonderful idea that everyone should consider. My husband, Harry Toulmin, always said one shouldn’t try to dictate from the grave. I think the world of The Dayton Foundation, and I know that they will use these dollars wisely. I’m so glad to be doing this for the community that was so good to Harry and me.” – Virginia B. Toulmin, deferred Community Impact Endowment Fund donor
“None of us really know what the greatest community needs are now, let alone in the future. That’s what The Dayton Foundation was established to do.” - Helen and Charles Abramovitz, deferred Community Impact Endowment Fund donors
“My husband and I chose to establish an unrestricted endowment fund, because we felt that The Dayton Foundation is in a better position than we are to monitor our charitable fund and determine where need is greatest.” - Joyce M. Bowden, a Community Impact Endowment Fund donor
“These funds are doing what I originally wanted them to do: to honor my parents in a way that helps people in Dayton, where my parents spent most of their lives.” - Carolyn Talbot Hoagland, a field-of-interest endowment fund donor
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The Dayton Foundation. We Help You Help OthersSM
File date: 01-20-2012
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