The Dayton Power and Light Company
The Dayton Power and Light Company is a private foundation based in Dayton, Ohio. It supports community organizations and programs, with 2024 grants going entirely to Ohio recipients and priorities that include education and employment readiness, health and human services, the arts, and urgent community needs.
Key facts about The Dayton Power and Light Company
In short: The Dayton Power and Light Company gave $1.6M across 54 grants in 2024 (avg $30K), mostly in Ohio. Source: 2024 IRS Form 990-PF.
- EIN
- 31-1138883
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $1,634,500
- Grants made (2024)
- 54
- Average grant
- $30,269
- Median grant
- $25,000
- Total assets
- $26,009,633
- Primary geography
- Ohio (100% of itemized 2024 grant dollars)
- How to apply
- The filing describes an online application requesting information about the organization and proposed project, results of previously funded programs, other donors and support, tax-exempt status, the most recent Form… Full details ↓
- Deadline
- The website states that the 2026 cycle is closed and the 2027 cycle will open July 1, 2027.
Data from IRS Form 990-PF, 2024; updated October 2026. Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$26.0M
-1.0% YoY
Annual Giving
$1.6M
+9.9% YoY
Grant Count
54
+14.9% YoY
Avg Grant Size
$30K
-4.3% YoY
Under IRS private-foundation payout rules, The Dayton Power and Light Company reported a distributable amount of $1.6M for 2024 — the minimum it must pay out in qualifying distributions.
How The Dayton Power and Light Company gives
- 66% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+11%). Method
- In 2024 it paid out 112% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Mission & Focus Areas
The foundation’s stated funding priorities are education and employment readiness, health and human services, the arts—including performing, visual, and broadcast media—and urgent community needs. The website describes urgent needs as including affordable housing solutions and preventing housing eviction. It also highlights food insecurity, clothing needs, behavioral health access, internships, skill-building, and opportunities for under-resourced students.
Its grants support a range of local nonprofit organizations. For example, Dayton Children’s Hospital describes its mission as pursuing optimal health for children, while Clothes That Work says it helps people prepare for employment success through clothing, education, and empowerment. The Dayton Art Institute says it enriches the community through accessible experiences with art.
Grantmaking
In filing year 2024, the foundation reported 54 grants totaling $1,634,500. Grants ranged from $2,500 to $120,000, with a median of $25,000. Notable awards included $120,000 to Dayton Performing Arts Alliance for the arts; two $75,000 grants to Dayton Children’s Hospital, including one for its On Our Sleeves mental health public awareness campaign; $75,000 to Greater Dayton Public Television for health and human services; and $54,000 to the University of Dayton for its DC Flyers/Statehouse Civic Scholars programs. The filing also lists $50,000 grants to the American National Red Cross-Dayton Chapter, Boys and Girls Club of Dayton, Clothes That Work, and Dayton Art Institute, among others.
The foundation’s website describes Power Grants as supporting new and innovative programs intended to create long-term community impact. Its January 2025 announcement reported that 14 Power Grants in the 2024 application cycle totaled $822,000.
Review Cycle
The website states that the 2026 cycle is closed and the 2027 cycle will open July 1, 2027.
How to Apply
The filing describes an online application requesting information about the organization and proposed project, results of previously funded programs, other donors and support, tax-exempt status, the most recent Form 990, an independent financial audit, a budget, income sources, and expenditures by program, administration, and fundraising. The filing says contributions are planned annually and requests should be submitted as far in advance as possible. The website says organizations may submit one application every 12 months. It requires a final report and thank-you video after a funded project; organizations funded in the 2025 grant cycle must submit these before discussing future funding. The filing says the foundation does not generally fund individuals, religious organizations, national organizations outside West Central Ohio, other foundations, organizations benefiting only a few people, or several other categories, including sports leagues and travel for tours, expeditions, or mission trips.
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Geographic Focus
Where this funder awards grants
The foundation’s website describes its grantmaking as serving the utility’s 24-county service territory in West Central Ohio and says its community impact grants are distributed locally. All grant dollars reported in the 2024 filing went to recipients in Ohio.
Grant Distribution by State
Share of 2024 grant dollars across all 54 itemized grants.
Cities
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $223K (2022) to $1.6M (2024). In 2024 it made 54 grants totaling $1.6M.
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Dayton Children's Hospital ($150K across 2 grants). Together the top 10 received $929K.
Grant Size Distribution
210 grants across all recorded years
The most common grant size was under $50K: 149 grants of 210 (71%).
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Dayton Performing Arts Alliance Dayton, OH | The Arts | $120,000 |
| Dayton Children's Hospital Dayton, OH | Support for the "on our sleeves" menal health public awareness campaign | $75,000 |
| Dayton Children's Hospital Dayton, OH | Health & Human Services | $75,000 |
| Greater Dayton Public Television (Thinktv) Dayton, OH | Health & Human Services | $75,000 |
| Greater Dayton Public Television (Thinktv) Dayton, OH | General Operating Support | $60,000 |
| University of Dayton Dayton, OH | Power Grant - DC Flyers/Statehouse Civic Scholars Programs | $54,000 |
| American National Red Cross-Dayton Chapter Dayton, OH | Disaster Relief/Home Preparedness - Resiliency | $50,000 |
| American National Red Cross-Dayton Chapter Dayton, OH | Health & Human Services | $50,000 |
| Boys and Girls Club of Dayton Dayton, OH | Project Learn | $50,000 |
| Boys and Girls Club of Dayton Dayton, OH | Education & Employment Readiness | $50,000 |
Financial History
Multi-year comparison from IRS filings
| Filing year | Assets | Revenue | Expenses | Grants | Grant count |
|---|---|---|---|---|---|
| 2024 | $26,009,633 | $1,503,240 | $1,602,124 | $1,634,500 | 54 |
| 2023 | $26,264,745 | $1,777,187 | $1,459,863 | $1,487,000 | 47 |
| 2022 | $26,137,349 | $268,375 | $1,640,952 | $222,500 | 5 |
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $26,009,633 | $26,264,745 | $26,137,349 |
| Revenue | $1,503,240 | $1,777,187 | $268,375 |
| Expenses | $1,602,124 | $1,459,863 | $1,640,952 |
| Qualifying Distributions | $1,784,823 | $1,512,031 | $340,608 |
| Net Investment Income | $1,476,939 | $1,719,045 | $137,530 |
| Distributable Amount | $1,600,088 | $1,473,070 | $1,694,864 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Dave Crusey as chairman and treasurer; Brandi Davis-Handy, Brian Hylander, Sharon Schroder, and Kathryn Storm as trustees; Joseph Strines as secretary; and Tom Raga as executive director.
The Dayton Power and Light Company is led by Tom Raga, Executive Director on every filing since 2020; none of the 7 officers listed in 2024 report compensation.
Officers on the 2024 filing
Tom Raga
Executive Director
On filings since 2020
3 hrs/week
$19K (2020) → $0 (2024)
Dave Crusey
Chairman & Treasurer
On filings since 2020
0.3 hrs/week
No compensation reported
Kathryn Storm
Trustee
On filings since 2020
0.3 hrs/week
No compensation reported
Brandi Davis-Handy
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Sharon Schroder
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Brian Hylander
Trustee
New on the 2024 filing
0.3 hrs/week
No compensation reported
Joseph Strines
Secretary
Trustee → Secretary, 2023
On filings since 2020
0.3 hrs/week
No compensation reported
Former officers (3)
- Former: Mike Russ (2021–2023) — Trustee
- Former: Judi Sobecki (2020–2022) — Trustee
- Former: Mark Miller (2020) — Trustee
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2021 IRS filing
The highest reported compensation on the 2021 filing was $13K, to Tom Raga (Executive Director).
Contact
Application contact: Tom Raga Executive Director
Mailing address: 1065 Woodman Drive, Dayton, OH 45432
Phone: (937) 259-7925
Frequently asked questions about The Dayton Power and Light Company
How much does The Dayton Power and Light Company give each year?
The Dayton Power and Light Company gave $1.6M across 54 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $1.5M across 47 grants.
What is The Dayton Power and Light Company's typical grant size?
The Dayton Power and Light Company's median grant in 2024 was $25,000, and its average grant was $30,269, across 54 grants on its 2024 IRS Form 990-PF.
Where does The Dayton Power and Light Company give grants?
The Dayton Power and Light Company gives mostly in Ohio: 100% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The most frequent recipient cities were Dayton, OH (38 grants), Columbus, OH (2 grants), Cincinnati, OH (2 grants) and Springfield, OH (2 grants).
Does The Dayton Power and Light Company give general operating support?
Occasionally: 6% of The Dayton Power and Light Company's 2024 grants with a stated purpose (3 of 54) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Health & Human Services" (5 grants) and "The Arts" (3 grants).
Who are The Dayton Power and Light Company's largest grantees?
The Dayton Power and Light Company's largest 2024 grantees include Dayton Children's Hospital ($150,000 across 2 grants), Greater Dayton Public Television (Thinktv) ($135,000 across 2 grants) and Dayton Performing Arts Alliance ($120,000), according to its 2024 IRS Form 990-PF. Together they received 25% of its itemized 2024 grant dollars.
How large is The Dayton Power and Light Company?
The Dayton Power and Light Company reported $26.0M in total assets on its 2024 IRS Form 990-PF. It paid out $1.8M in qualifying distributions that year, against a required minimum of $1.6M (roughly 5% of its investment assets).
What does The Dayton Power and Light Company fund?
The foundation’s stated funding priorities are education and employment readiness, health and human services, the arts—including performing, visual, and broadcast media—and urgent community needs. See mission & focus areas ↑
How do I apply for a grant from The Dayton Power and Light Company?
The filing describes an online application requesting information about the organization and proposed project, results of previously funded programs, other donors and support, tax-exempt status, the most recent Form… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is The Dayton Power and Light Company's EIN?
The Dayton Power and Light Company's EIN (Employer Identification Number) is 31-1138883. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated October 2026.
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