Endowment / Foundation

Updated:

Dayton Foundation

The Dayton Foundation was established in 1921. John H. Patterson provided early support through his connection to NCR Corporation. Michael M.

Dayton Foundation logo

Dayton Foundation

The Dayton Foundation was established in 1921. John H. Patterson provided early support through his connection to NCR Corporation. Michael M. Parks has led day-to-day operations as president since 2002. The foundation deploys capital across equity and fixed income allocations. It maintains a Racial Equity Investment Portfolio and a Conservative Investment Portfolio. Geographic focus remains limited to the United States, primarily Ohio. Asset holdings include real estate through the Pathway to Homeownership program and notes receivable. The foundation reports assets of $1.3 billion. It operates four supporting organizations, including The Disability Foundation and the African-American Community Fund. Additional offices are not disclosed. A 2024 event participation included attendance at the StriveTogether Convening. The foundation uses a hybrid structure of component funds and supporting organizations that separate administrative and investment functions from direct grantmaking.

General information

Firm type

Endowment / Foundation

Year founded

1921

Location

Region

North America

Country

United States

City

Dayton

Corporate office

1401 S Main Street, Suite 100, Dayton, OH 45409, United States

Principals

Michael M. Parks

President

Jan Culver

Governing Board Chair

Frequently asked questions

Who runs investment decisions at Dayton Foundation?

Michael M. Parks serves as president. External advisors include FEG Investment Advisors since 1993 and Morgan Stanley since 2022.

Does Dayton Foundation participate in fund commitments or only direct deals?

The foundation holds mixed allocations through external advisors. Specific fund commitments are not disclosed in available records.

Where does the underlying wealth come from?

The foundation receives donations from individuals, families, and organizations in Greater Dayton. No single wealth creator is attributed.

How is Dayton Foundation related to University of Dayton?

The foundation partners with the University of Dayton Davis Center for Portfolio Management for student-led investment of certain donor funds.

Does Dayton Foundation maintain philanthropic structures, and how are they separated?

It operates four supporting organizations, including Dayton Foundation Plus, Inc. and Physicians' Charitable Foundation of the Miami Valley, each with distinct focus areas.

Profile maintained by using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.

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