African-American Community Fund

What African-American Community Fund does

The African-American Community Fund (AACF) is a private nonprofit community foundation established in 1992 and operating as a component fund of The Dayton Foundation in Ohio. The organization administers more than 194 endowed and current-use funds with an estimated aggregate value of approximately $10 million as of fiscal year 2021-22, and has distributed a cumulative $6.1 million to nonprofits serving the African-American community in the Dayton/Greater Miami Valley region since inception. AACF's mission is to enable African-American individuals, families, churches, and organizations to create philanthropic legacies by pooling contributions into endowed and donor-advised funds whose investment returns and principal support an annual discretionary grant cycle targeting Black-led and Black-serving nonprofits.

AACF's core service lines are: (i) donor-advised and endowed fund creation and administration, allowing donors to establish permanent or current-use funds that benefit the community across generations; (ii) a competitive annual discretionary grant cycle (the 2025 cycle closed per website reference) targeting religious, arts, social services, education, youth, and health/human services organizations; and (iii) scholarship programs including the Golden 13 Scholarship. A signature $550,000 unrestricted gift from the Ellenae Fairhurst estate established the Ellenae Hart Henry-Fairhurst Legacy Fund and represents the largest single unrestricted gift in AACF's history.

AACF's business model is purely philanthropic: revenue consists of donations/contributions from individuals, churches, nonprofits, and businesses, plus investment returns on the managed endowment pool. The organization has no products or services sold commercially, no disclosed pricing, and no application fees. Go-to-market is community-led through a Wix-hosted website (aacfdayton.org), a Facebook presence, and signature in-person fundraising events — the Annual Breakfast Meeting (scheduled June 17, 2026 at Sinclair Community College) and the John E. Moore, Sr. Memorial Golf Event (5th annual held September 23, 2025 at PipeStone). Distribution of grant funds occurs via annual application cycles and direct consultations with AACF staff. The operational infrastructure — finance, compliance, back-office administration — is provided by parent organization The Dayton Foundation.

Name

African-American Community Fund

Legal name

African-American Community Fund

Website

https://aacfdayton.org

Company type

Private

Founded year

1992

Operating status

Operating

Headcount range

1–10 employees

Short description

The African-American Community Fund is a Dayton, Ohio-based nonprofit community foundation and component fund of The Dayton Foundation that pools contributions from African-American donors into 194+ endowed funds and distributes discretionary grants to Black-led and Black-serving nonprofits across the Greater Miami Valley region.

Ownership category

akta.pro rank

Product category

Community Foundation Philanthropy

NAICS

Grantmaking and Giving Services (81321), Other Grantmaking and Giving Services (813219)

SIC

Services-Social Services (8300)

akta.pro primary industry

Community Foundations (BPAGAKAB)

akta.pro secondary industry

Grantmaking & Philanthropic Funds (Institutional Donors) (BPADAOAB)

Keywords

• Community philanthropy services
• Donor-advised funds
• Nonprofit grantmaking
• Endowment fund management
• Scholarship programs

Headquarters

HQ city

Dayton

HQ country

United States

HQ region

North America

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Others

Revenue model

1. Charitable Contributions and Donations: AACF receives donations from individuals, churches, nonprofit organizations, and businesses to create endowed and current use funds. Donors create legacies that benefit the community for generations.
2. Endowment Investment Returns: The fund manages over 194 endowed funds with an estimated value of $10 million (as of fiscal year 2021-22), generating investment returns that support ongoing grantmaking.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels4 records

Core offering

AACF is a community foundation that enables African-American individuals, families, churches, and organizations to create endowed and current use funds as lasting philanthropic legacies. It administers over 194 funds (~$10 million) and channels donations into grants, scholarships, and community support for Black-led and Black-serving nonprofits across the Dayton/Greater Miami Valley region.

Product overview

AACF operates as a unified philanthropy platform offering donor fund creation services, competitive grant programs, and scholarship opportunities for the African-American community in the Dayton/Greater Miami Valley region. The organization administers over 194 funds with an estimated value of $10 million and has contributed $6.1 million to nonprofits since inception. Services include donor-advised funds for legacy giving, discretionary grants to Black-led and Black-Serving nonprofits, endowed funds for permanent community support, and signature fundraising events.

Differentiator

Problem solved

Functional benefit

Products and services

• Grant Programs Discretionary grantmaking program to support various community needs at Dayton-area nonprofit organizations, with priority for Black-led and Black-Serving nonprofits. Recipients address religious, arts, social services, education, youth, and health and human services needs within the African-American community.
• Donor-Advised Funds Funds allowing individuals, families, churches, and organizations to create a legacy that benefits the African-American community for many generations. Donors work directly with AACF staff to establish these funds.
• Scholarship Programs Educational scholarships for the African-American community, including the Golden 13 Scholarship program, supporting students in pursuing higher education.
• Endowed Funds Permanent financial resources supporting religious, arts, social services, education, youth, and health and human services organizations. AACF administers over 194 endowed funds with an estimated value of $10 million as of fiscal year 2021-22.
• Ellenae Hart Henry-Fairhurst Legacy Fund Unrestricted legacy fund established from a $550,000 gift from the estate of Ellenae Fairhurst, an accomplished businesswoman and entrepreneur. The fund bolsters AACF's discretionary grantmaking to support a variety of community needs at Dayton-area nonprofit organizations.

Quantifiable outcome

• $6.1 million contributed to nonprofits since inception
• +2 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Three partnerships are on record, tiered flagship and minor.

• The Dayton FoundationflagshipStrategic or Co-development PartnerAACF is a component fund of The Dayton Foundation, established in 1992. The Dayton Foundation provides institutional infrastructure, administrative support, and a $50,000 matching grant as seed money for AACF. This partnership enables AACF to operate as a national model for African-American philanthropy.
• Sinclair Community CollegeminorOthersSinclair Community College (Building 12) serves as the venue for AACF's Annual Breakfast Meeting events.
• PipeStone Golf CourseminorOthersPipeStone Golf Course hosted the 5th Annual John E. Moore, Sr. Memorial Golf Event.

Scale indicators6 records

Recent moves6 records

Expansion highlights4 records

Market position

Competitive moat4 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/aacfdayton
• Facebookfacebook.com/AACF-Dayton-100064848541734
• LinkedInlinkedin.com/company/american-community-fund

Revenue estimate

Valuation estimate

Number of profiles

Profiles17 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about African-American Community Fund