Daughtry Foundation Incorporated

The Daughtry Foundation Incorporated is a nonprofit organization established in 1943 in Georgia, USA. It operates primarily as a private foundation, focusing on various charitable causes. The organization supports children and youth programs, environmental initiatives, family services, health care, Christian agencies, churches, and community development projects.

Objectives and Activities

• Primary Focus Areas: The foundation supports a wide range of activities including children and youth services, Christian and Protestant agencies, environmental initiatives, family services, federated giving programs, and health care services.
• Grantmaking: The Daughtry Foundation primarily provides grants to organizations and programs that align with its mission. Historically, it has supported community services, youth scouting activities, and literacy programs in Georgia.

Financial Overview

• Revenue Sources: The foundation generates revenue from various sources including dividends, interest, and sales of assets. Contributions from donors also form a part of its income, though they constitute a smaller percentage.
• Expenses: The organization's expenses are largely dedicated to charitable disbursements, which comprise the majority of its total expenses. Officer compensation is also included in the expenses, though it represents a small fraction.
• Assets: As of recent filings, the foundation holds substantial assets with minimal liabilities.

Governance and Structure

The foundation is governed by a board of trustees responsible for oversight and decision-making. Key roles include chairperson, vice-chairperson, secretary, treasurer, and executive director positions, ensuring effective governance and administration of its charitable activities.

Impact and Legacy

The Daughtry Foundation has been actively involved in community development in Georgia, particularly focusing on Jackson, GA. Despite its modest grant amounts, it plays a significant role in supporting local initiatives and programs beneficial to children, youth, and family services.

References

The organization's financial data and governance structure are disclosed through forms filed with the Internal Revenue Service (IRS), providing transparency into its operations and charitable giving.

[1] https://projects.propublica.org/nonprofits/organizations/580673985 [2] https://npfunds.com/directory/daughtry-foundation-inc/ [3] https://fconline.foundationcenter.org/fdo-grantmaker-profile/?key=DAUG009 [4] https://www.daughertyfdn.org [5] https://www.instrumentl.com/990-report/daughtry-foundation-incorporated