The Dallas Foundation's Pegasus Prize supports a nonprofit working to address a pressing community need in an innovative way. 

The Pegasus Prize Committee selects the recipient of the $50,000 Prize. The Committee was originally formed in 2009 to award grants to nonprofits working to address pressing community needs in innovative ways. In 2015, the award was renamed the Pegasus Prize and will be given to only one organization annually. 

In 2017, the committee presented the $50,000 award to 2ndSaturday for its 2S Industries program, dedicated to decreasing the unemployment rate among formerly incarcerated criminals and engaging them in the redevelopment of Dallas' lowest-income neighborhoods. The $50,000 award will be directed to  the purchase of tools and a vehicle for transportation to job sites, as well as expansion of the program. The award was announced at The Dallas Foundation's spring Grantee Recognition event  in March 2017.  To read the 2017 press release, click here.