Funders Social Justice/Advocacy

The Dallas Foundation invests $2M to dismantle systemic inequity

Written by Mindia Whittier

The Dallas Foundation has named 25 recipients of its first-ever Racial Equity Fund Grants. The fund awarded more than $2 million to address the ongoing disparities that directly impact Dallas’ Black and Hispanic residents.

Grant investments focus on data-informed areas, including housing/infrastructure, economic, education, criminal justice/government, and health. Grantees were selected by a diverse grant committee reflective of the racial makeup of the Dallas community.

The recipients for 2022 include:

The Racial Equity Fund, which launched in late 2021, aims to use the collective influence and resources of the Foundation along with its donors and partners to advance equity for Dallas’ BIPOC residents by strategically and purposefully directing philanthropic dollars to support organizations that combat systemic inequities.

“We’re confident these investments from our Racial Equity Fund will propel true, tangible change in the community where all of our neighbors can thrive and race no longer statistically dictates one’s social outcome,” said Matthew Randazzo, President & CEO of The Dallas Foundation. “These 25 grantees rose to the top of hundreds of worthy applicants, all of whom are striving alongside us to make Dallas a more equitable place for everyone, and it’s our privilege to support and spotlight their important work.”

Leadership donors to The Dallas Foundation’s Racial Equity Fund include: Leland Fikes Foundation, Jaggers Family Fund, NexPoint Philanthropies, The Rainwater Charitable Foundation, The Reis-Bisor Foundation, The PKW Fund of The Dallas Foundation, Harold Simmons Foundation, Texas Capital Bank, Truist Charitable Fund, and the Paula Walker Fund of The Dallas Foundation, among other major donors.

“We received 258 requests seeking nearly $34M during the application stage of this first Racial Equity Funding Cycle,” said The Dallas Foundation’s Chief Impact Officer Drexell Owusu. “And while we are very proud to invest over $2 million toward the trajectory-changing work of this year’s grantees, there is a significant need for more donors and partners to work with us to close this gap.”

About the author

Mindia Whittier