A Community Fund at The Dallas Foundation is a way for individuals or initiatives without their own tax-exempt status to implement new programs which align with the strategic priorities of the Foundation and have significant community benefits. The fund begins as a formal arrangement in which The Dallas Foundation serves as the fiscal sponsor.
Ideally, community funds that align with the Foundation’s strategic priorities will evolve and become a partner fund and potential grantee. Once a fund is poised to operate independently under it’s own 501(c)(3) charitable status, the Foundation can offer ongoing agency and endowment fund services.
To donate to one of the community funds hosted at The Dallas Foundation, click here.Community Funds Hosted at The Dallas Foundation (PDF)
When Bonton Farms began as a community fund of The Dallas Foundation in 2006, the organization was able to focus on its mission of providing opportunities for residents to prosper in every aspect of their lives while leveraging The Dallas Foundation’s brand and well-established commitment to fiduciary excellence. Daron Babcock, Chief Executive Officer of Bonton Farms and Drex Owusu, Chief Impact Officer at The Dallas Foundation recently sat down to discuss how Bonton Farms has reached the stage where it will now exist as an independent nonprofit organization.
Please note that, going forward, we are unable to make any exceptions to these new guidelines. Continue to submit requests by email to: firstname.lastname@example.org.
This is a hard deadline.
This will help ensure our team can track your request and that nothing is overlooked.
Incomplete payment requests will not be processed with that week’s check run. We will return the request to the submitter for corrections as soon as reasonably possible during the review stage of our processing.
Incomplete payment request examples include:
Vendors will be paid according to the Payment Method selected on the payment request form, regardless of what other payment options The Dallas Foundation has on file for that vendor. For example, if a payment request form indicates payment by check, our Finance staff will cut a check for payment.
Payments for all recurring requests will be made before the outlined payment date. For example, a payment due on 3/15/20 will be processed 1-4 business days before that date.
Additionally, any changes to the amount on a recurring payment request must be submitted 3 business days before our processing date for changes to take effect. Change requests received later than 3 business days before processing (i.e. Wednesday at 3 p.m.) will not be processed until the following scheduled payment. This includes changes to banking information.