Investing in Innovation
The Pegasus Prize is a $50,000 social innovation grant awarded to nonprofit organizations applying innovative approaches to addressing community needs. The Prize rewards 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.
Given The Dallas Foundation’s reputation as a trusted steward of philanthropic resources and our well-documented track record of investing in transformational solutions, our recognition of the annual recipient signals both a financial investment in the organization as well as an endorsement of the importance of its work and elevates the visibility of the awardee, allowing for additional community investments.
The 2024 Pegasus Prize Application is now closed.
For questions, contact Christi Saylors at communityimpact@dallasfoundation.org.
Application and Selection
Awarding the Pegasus Prize
The Pegasus Prize is a $50,000 social innovation grant awarded for projects that address community problems with new solutions that are faster, more cost-effective, data-driven and lead to better results for residents of Dallas County.
- Applications are open to nonprofit organizations addressing community needs. Individuals are not eligible.
- Applicants are not required to be located in Dallas County, but the project funded by the Pegasus Prize must benefit primarily residents of Dallas County.
- Organizations of any age with new projects that are less than three years old may apply. 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.
- Organizations of any size may apply, but smaller, startup-style projects where a $50,000 award will make a significant impact are preferred.
The Dallas Foundation is committed to investing in bold, transformational solutions to the most pressing issues facing Dallas County. Projects can address any social problem in Dallas County. The Pegasus Prize serves as a testing ground for the next great idea. Organizations with novel or unconventional approaches are invited to apply.
- The Pegasus Prize can be applied to project development as long as an implementation timeline is included with the application.
- The award can support personnel, administration/overhead and any other expenses directly related to the project.
- The Pegasus Prize cannot be applied to ongoing annual operating expenses of the organization or endowment funds.
The application period is now closed.
Questions? Please email communityimpact@dallasfoundation.org.
Daron Babcock
Colby Hanks Baer
Lane Conner
Elizabeth Carlock Phillips, Board Liaison
OJ DeSouza
Alex Ferraro
Emily Floyd
Sherell Jefferson
Rebecca Landin
Amber Scanlan
Dupree Scovell
Taylor Steele
Benjamin Vann
