The Foundation's annual report for the grant year 2013-14 is available on the web site in PDF format. Go to News/Photos, and then to Annual Reports. To request a copy of the 60-page publication, call the Foundation office at 513/241-2658 or email info@DaterFoundation.org.
The annual report features a year's worth of success stories and includes profiles the nonprofit organizations that received Dater grants in 2013-14 fiscal year (September 2013-August 2014) as well as the programs and projects that the grant awards supported. The publication also includes the Foundation's grantmaking history, grantmaking guidelines and other information.
The Foundation made 125 grants totaling $1,655,955 in its 30th year of grantmaking. Since 1985-86, the Foundation has distributed over $37 million through more than 2,400 grants to nearly 400 organizations. In the 2013-14 fiscal/grant year (September to August), grants ranged from $1,000 to $50,000. The median grant was $10,000 and the average grant was $13,248.
The Foundation’s grantmaking increased by 10% or $150,000. Assets were at $51.1 million at fiscal year end in August 2014. Before the grant distribution and expenses, assets grew by 20%. The Foundation does not generate revenues through programs or gifts, so its grantmaking is tied to investment performance. While the focus remained on supporting previous grant recipients, grants were made to nine first-time recipients. The Foundation continued to look favorably on programs that generate win-win successes (e.g., internships and service learning, where both service providers and those they help benefit) and make effective use of volunteers as a valuable organization resource.
The annual report is an extension of the Foundation's efforts to call attention to the good work being done by these nonprofit organizations.