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The Dallas Foundation Awards $2.5M+ Through Inaugural Racial Equity Funding Cycle

The Fund at Texas’ First Community Foundation Names 25 Grantees to Addresses the Persistent Gap In Outcomes for Black and Hispanic Dallas Residents

DALLAS – August 29, 2022 – The Dallas Foundation, the first community foundation in Texas, announces the 25 recipients of its first-ever Racial Equity Fund Grants. The Racial Equity Fund of The Dallas Foundation seeks to address the ongoing disparities that directly impact Dallas’ Black and Hispanic residents, which start before birth and are seen at nearly every step of life. Grant investments focus on data-informed areas, including housing/infrastructure, economic, education, criminal justice/government, and health. The 2022 grantees were selected by a diverse grant committee reflective of the racial makeup of the Dallas community.

The Racial Equity Fund, which launched in late 2021, also aims to use the collective influence and resources of the Foundation along with its donors and partners to advance equity for Dallas’ BIPOC residents by strategically and purposefully directing philanthropic dollars to support organizations that combat systemic inequities. This work directly aligns with the Foundation’s strategic priorities to ensure a strong and healthy start in life and advance equity and inclusion, both of which are critical to helping Dallas reach its full potential.

“We’re confident these investments from our Racial Equity Fund will propel true, tangible change in the community where all of our neighbors can thrive and race no longer statistically dictates one’s social outcome,” said Matthew Randazzo, President & CEO of The Dallas Foundation. “These 25 grantees rose to the top of hundreds of worthy applicants, all of whom are striving alongside us to make Dallas a more equitable place for everyone, and it’s our privilege to support and spotlight their important work.”

This year’s recipients include:

  • AES Literacy Institute Incorporated
  • Bachman Lake Together
  • Beacon Hill Preparatory Institute
  • Big D Reads
  • Black Heart Association
  • Builders of Hope Community Development Corporation
  • Dallas Black Dance Theatre
  • Dallas Education Foundation
  • For Oak Cliff
  • Frazier Revitalization, Inc.
  • H3 Diversity
  • Healing Hands Ministries
  • IF Institute- Young Leader Strong City
  • Impact Ventures
  • Los Barrios Unidos Community Clinic
  • MEASURE
  • Owenwood Farm and Neighbor Space
  • Pasos for Oak Cliff
  • Puede Network
  • Rosa es Rojo, Inc.
  • Southern Dallas Progress Community Development Corporation
  • Texas Pride Impact Funds
  • The Concilio
  • Union Development Corporation DBA-Project Unity
  • United to Learn

“We received 258 requests seeking nearly $34M during the application stage of this first Racial Equity Funding Cycle,” said The Dallas Foundation’s Chief Impact Officer Drexell Owusu. “And while we are very proud to invest over $2 million toward the trajectory-changing work of this year’s grantees, there is a significant need for more donors and partners to work with us to close this gap.”

Leadership donors to The Dallas Foundation’s Racial Equity Fund include: Leland Fikes Foundation, Jaggers Family Fund, NexPoint Philanthropies, The Rainwater Charitable Foundation, The Reis-Bisor Foundation, The PKW Fund of The Dallas Foundation, Harold Simmons Foundation, Texas Capital Bank, Truist Charitable Fund, and the Paula Walker Fund of The Dallas Foundation, among other major donors.

For more information about The Dallas Foundation and its Racial Equity Fund, please visit www.dallasfoundation.org.

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