Henry L. Day Foundation Records, 1963-1985

Overview of the Collection

Creator
Henry L. Day Foundation
Title
Henry L. Day Foundation Records
Dates
1963-1985 (inclusive)
Quantity
1 cubic feet
Collection Number
MG321 (collection)
Summary
Correspondence, tax returns, ledger sheets and the check/voucher register of a small private non-profit foundation set up by Henry L. Day to distribute financial contributions to charitable organizations.
Repository
University of Idaho Library, Special Collections and Archives
Special Collections and Archives
University of Idaho Library
875 Perimeter Drive
MS 2350
Moscow, ID
83844-2350
Telephone: 2088850845
libspec@uidaho.edu
Languages
English
Sponsor
Initial processing of this manuscript group was done with funds provided by the National Historical Publications and Records Commission.
Funding for encoding this finding aid was provided through a grant awarded by the National Endowment for the Humanities.

Historical NoteReturn to Top

The Henry L. Day Foundation was a small fiduciary organization formed by Day to use appreciated securities in making gifts to charitable organizations. It began with the modest gift of one hundred dollars on September 25, 1963. This was shortly supplemented by several thousand dollars in DMI stock. The foundation was a non-profit trust and could only make gifts to IRS certified charitable organizations.

The Foundation manager was George Kelton, who was trustee along with Robert Dwyer and Kathryn A. Eichwald. Kelton, as the only salaried member of the trust, handled the daily business of the corporation. A large percentage of this business consisted of gifts made by the Day Foundation to Catholic beneficiaries, although secular organizations also benefited.

Changes in the tax law in 1970 made it more difficult for small foundations to exist and the Day Foundation was restructured. It ceased existence in 1985 following Henry Day's death, with a payment to St. Alphonsus Catholic Church of $754.16 on October 21.

Content DescriptionReturn to Top

The records of the Henry L. Day Foundation consist of correspondence, tax returns, ledger sheets, and a voucher/check register.

Since the voucher/check register contains a complete record of all transactions, vouchers, bank statements and paid checks were discarded, thus reducing the bulk of the collection by 1 cubic foot.

Administrative InformationReturn to Top

Acquisition Information

The records of the Henry L. Day Foundation are part of the records of Day Mines, Inc., donated to the University of Idaho by Henry Day in 1984 and 1985.

Detailed Description of the CollectionReturn to Top

Series I. Financial Records , 1963-1985Return to Top

Container(s) Description Dates
Box/Folder
1/1
Authorizations
1977-1984
1/2
Declaration of Trust and related documents
1963-1978
1/3
Hull & Hull correspondence re termination of trust
1982
1/4
Schedules of gifts
1980-1983
1/5
Statements
1963-1982
1/6
U.S. Treasury Department. Internal Revenue Service. Correspondence
1963-1975
1/7
Worthless stocks, property of Henry L. Day Foundation
1969
1/8-26
Tax returns
1964-1985
1/27
Ledger sheets
1963-1985
os/28
Voucher and check register
1963-1985

Names and SubjectsReturn to Top

Subject Terms

  • Charitable uses, trusts, and foundations -- Idaho -- Wallace

Other Creators

  • Personal Names
    • Day, Henry L. (Henry Lawrence), 1902-
    Corporate Names
    • Henry L. Day Foundation