What is a community foundation?
A community foundation is a tax-exempt public charity built on the concept of people helping people to improve the quality of life in a particular geographic area. Individuals establish permanent endowment funds and other types of funds with their community foundation to help respond to emerging community issues and opportunities.
Who provides leadership for the Community Foundation for Kettering?
The Foundation’s Board of Trustees is made up of seven community citizens and volunteers who live in Kettering. They are responsible for the grantmaking process and the policies of the Foundation.
What are the financial benefits and tax advantages of gifting through the Community Foundation for Kettering?
Since the Community Foundation is a component fund of The Dayton Foundation, gifts are considered charitable.
When donating appreciated stock or other assets, you can receive a tax deduction for the full fair-market value of the stock on the date of the gift and avoid paying long-term capital gains tax on the increased value.
To learn more about how you can make the most of your charitable gifts, click here to access the Foundation’s online brochures.
What assets can I donate?
- Cash – Gifts of cash are the easiest and most popular form of giving. You may also use your Visa, MasterCard or American Express. To donate online, click here.
- Appreciated Securities
- Real Estate and Other Real Property
- Closely Held Stock/Limited Liability Partnership Interests
You may also visit the Assets You Can Give page on our website.
May I give anonymously?
Yes. You can feel secure in knowing that your personal information will never be disclosed without your permission.
FOR GRANT SEEKERS
How can nonprofit organizations apply for grants?
Grant application procedures are listed on the How to Apply page of our website. If you have questions, please contact Carrie Dalrymple at The Dayton Foundation, 937-225-9952.
Who is eligible for a grant from the Community Foundation for Kettering?
We welcome grant applications from local nonprofit organizations that benefit Kettering citizens. To be eligible for a grant, your organization must
- Be recognized as tax-exempt under Section 501(c)(3) of the Internal Revenue Code
- Benefit the citizens Kettering, and
- Address needs that are not met fully by existing organizational or community resources.
Your organization does not need to be located within the city of Kettering to be eligible for a grant.
How often may I apply for a grant, and how many applications may I submit?
Only one request per grant cycle may be submitted for consideration so that we can help as many nonprofit organizations as possible. If your organization has received a grant from the Community Foundation for Kettering, your final reporting documents must have been submitted and approved by the Foundation before you are eligible to apply for a new grant.
What is the deadline for submitting grant proposals?
There are two funding cycles annually. The deadlines for grant proposals from nonprofit are April 15 and October 1.
Who decides which applications are awarded grants?
The Board of Trustees reviews grant applications twice a year after each submission deadline and makes final grant decisions.