$50,000 Social Innovation Grant to Support Groundbreaking Solutions for Dallas County
DALLAS – Nov. 4, 2024 – The Dallas Foundation, the first community foundation in Texas, is thrilled to announce the finalists for 2024’s Pegasus Prize. The Pegasus Prize is a $50,000 social innovation grant awarded to organizations breaking new ground in addressing community needs. Known for championing transformative initiatives, the Pegasus Prize recognizes nonprofit organizations that apply creative, data-driven, and cost-effective solutions to persistent challenges impacting Dallas County residents.
The Dallas Foundation is a trusted steward of philanthropic resources with a long history of fueling impactful, sustainable change in Greater Dallas. As a testament to that mission, the Pegasus Prize not only provides critical financial support but also elevates the recipient’s visibility, creating opportunities for additional community investments and endorsement of their work’s importance.
“Our mission with the Pegasus Prize is to spotlight and resource organizations that are redefining solutions to long-standing challenges in our community,” said Vickie Allen, Chief Impact Officer of The Dallas Foundation. “This award is about more than just funding; it’s a celebration of innovation and a commitment to helping Dallas thrive by investing in ideas that lead to lasting, meaningful change.”
Since its inception, the Pegasus Prize has supported significant, life-changing organizations such as Bonton Farms, After8toEducate, Yoga N Da Hood, 2S Industries, Family Compass, and FreeWorld. These investments highlight the foundation’s commitment to identifying and supporting initiatives that drive real progress for Dallas.
This year’s Pegasus Prize finalists are:
- buildingcommunity WORKSHOP is a community design center seeking to improve the livability and viability of communities through the practice of thoughtful and accessible design.
- HOPE Farm works directly with parents and teachers to create accountability and a life plan for each individual, guiding at-risk boys towards becoming men of integrity.
- Spin the Spectrum dedicates themselves to the active inclusion of Autistic/Neurodivergent individuals in society through instructional and vocational programs on DJ education and music production.
On November 8, finalists will pitch their innovative ideas to attendees of The Dallas Foundation’s Rising GENerosity Launch Party and Pegasus Prize Pitch event. The Dallas Foundation’s Rising GENerosity Initiative inspires and empowers a new generation of changemakers eager to learn, engage, and expand their impact through strategic, intentional and collaborative philanthropy. Invited guests will vote on which organization should receive the $50,000 grant, followed by a live check presentation to the selected nonprofit organization.
For more information about the Pegasus Prize, please click here.
