Three Local Nonprofits in the Running for $50K Grant to Support Social Innovation
DALLAS – Nov. 14, 2022– The Dallas Foundation, the first community foundation in Texas, announces the finalists for this year’s Pegasus Prize. The Pegasus Prize is a $50K social innovation grant and the premier award granted to nonprofit organizations, for-profit organizations with a charitable purpose and hybrid organizations applying innovative approaches to addressing community needs. Since its genesis, it has been an early investor in significant, innovative organizations including Bonton Farms, After8toEducate, Yoga N Da Hood, 2S Industries, Impact Ventures and most recently, FreeWorld.
Through the Pegasus Prize, The Dallas Foundation discovers organizations applying innovative ways to find solutions to ongoing problems that are faster, cost-effective, data-driven and create better outcomes for residents of Dallas County. This year’s finalists are: Kosmos Arts & Tech Inc., Project Lorenzo and Seeds 2 STEM.
“All three of these finalists embody everything the Pegasus Prize stands for,” said Matthew Randazzo, President & CEO of The Dallas Foundation. “These organizations share a focus on fueling change that enables individuals to reach their full potential. We can’t wait to see how receiving The Dallas Foundation’s Pegasus Prize amplifies the impact and reach of one of these incredibly worthy causes.”
The three finalists all have missions that make a meaningful and lasting impact in our community, all with the same goal to create pathways out of poverty and enact true community change.
- Kosmos Arts & Tech’s Switch Workshop engages young adults in a reflective, dynamic and creativity driven workshop to enable them to switch their mindset into a success mindset.
- Project Lorenzo’s Skilled Jobs Program lifts individuals out of homeless shelters and low-wage jobs, providing them with the skills and confidence to become self-sufficient.
- And the third finalist, Seeds 2 STEM’s Youth HUB, offers a comprehensive career readiness solution allowing job seekers and high school students to build their workplace readiness skills using a self-paced, career-contextualized, online learning management system.
The winner will be announced Tuesday, Nov. 15 at 5 p.m. at a ceremony taking place in the Convene Conference Center at Pegasus Park, which is on the lobby level: 3000 Pegasus Park, Dallas, TX 75247.
For more information about The Dallas Foundation and the Pegasus Prize, click here.