The Pegasus Prize is a $50,000 social innovation grant awarded to nonprofit organizations, for-profit organizations with a charitable purpose, and hybrid organizations applying innovative approaches to addressing community needs.
The Pegasus Prize is a $50,000 social innovation grant awarded to nonprofit organizations, for-profit organizations with a charitable purpose, and hybrid organizations applying innovative approaches to addressing community needs. Through our social innovation work, we are looking for organizations applying new ways to solve ongoing problems that are faster, cost-effective, data-driven and lead to better results for the residents of Dallas County. Specifically, we are seeking bold, unique solutions to move children out of poverty by providing them with a strong and healthy start in life through programs that address one of our funding priorities: quality early childcare (ages birth to three), children's mental health, and family homelessness. We will consider funding both the testing of new ideas as well as innovations that are in the process of showing signs of effectiveness and have the potential for growth and/or greater results.
PEGASUS PRIZE PROCESS
The application process is now closed for 2020.
Up to 10 organizations will be selected to move forward to the next round, which entails the submission of a 3-5 minute video that helps explain your organization's mission and the innovative way you address problems related to quality early childcare (ages birth to three), children's mental health, or family homelessness. Please know that we do not want you to have something professionally produced for this grant application. If your organization already has video which provides the explanation we are looking for, you are welcome to submit it. Otherwise, a simple video recorded on a hand-held device, such as a phone or tablet, will suffice. Videos will not be reviewed for quality as much as they will for content.
After review of the videos by the Pegasus Prize committee, three organizations will be selected to complete a full grant application and participate in a site visit to see your work in action. Organizations will have the ability to work with a Pegasus advisor on their request.
Pegasus Prize 2020 winner will be announced in October.
PEGASUS PRIZE TIMELINE
March 6, 2020 - Applications open
If you have any questions about The Dallas Foundation's Pegasus Prize, please contact Brittani Trusty at firstname.lastname@example.org.
April 3, 2020 - Applications due by 5 pm
April 10, 2020 - Top 10 applicants notified for 3-5 minute video
April 29, 2020 - Videos due by 5 pm
Mid-May - Top 3 applicants notified for grant application and site visits
Summer 2020 - Top 3 applicants will work with Pegasus Prize advisors on grant application and creation of presentation
Mid-September - Site visits occur
October 2020 - Winner to be announced