Frequently Asked Questions:
Why do donations go to The Dayton Foundation and not to the Norwegian Fjord Horse Foundation?
Our Norwegian Fjord Horse Foundation holds its own accounts within the larger Dayton Foundation. The Dayton Foundation is an umbrella 501(c)3 non profit. The Dayton Foundation has the staff to assist with the administrative and reporting requirements for smaller non profits like ours. Donations to the Norwegian Fjord Horse Foundation are tax-deductible to the fullest extent of the law.
Will I get a receipt for my donation that I can use to document the donation for tax purposes?
You will receive an acknowledgement letter from The Dayton Foundation acknowledging your gift as a charitable contribution.
Can I specify how my donation is distributed between the Operating Fund and the Endowment Fund? Yes, you can specify how you wish your donation be distributed. The Operating Fund is used to cover operating expenses, including grants. The Endowment Fund's principal amounts are invested by The Dayton Foundation and proceeds from those investments are used to further the mission of the Norwegian Fjord Horse Foundation. The Operating Fund is available for current use while the Endowment Fund insures the perpetuity of the Norwegian Fjord Horse Foundation.
Who may apply for a grant?
Only organizations recognized by the IRS as 501(c)3 Public Charities can apply for a grant.
Who approves grants?
The Advisory Committee listed on the "Contact Us" [Click Here] page of this website will review grant applications.
What can grants be used for?
As this is a young Foundation, we refer you to the Mission Statement for the goals of the Norwegian Fjord Horse Foundation. [Click Here] Proposals that meet these criteria will be considered.
What reporting will be required for grantees?
Reporting requirements for grantees will be stipulated by the Advisory Committee when a grant is approved.