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Texas Capital Foundation of Dallas announces $250,000 grants to four Texas nonprofits » Dallas Innovates

Texas Capital Foundation of Dallas announces 0,000 grants to four Texas nonprofits » Dallas Innovates

Texas Capital Foundation of Dallas announces 0,000 grants to four Texas nonprofits » Dallas Innovates

Four recipients of the Texas Capital Foundation’s second annual Honors Awards have been announced by Dallas-based Texas Capital Bancshares, the parent company of Texas Capital, and two of them are transforming lives in North Texas communities.

The banking company said the awards awarded grants totaling $250,000 to support nonprofit organizations serving community needs across Texas.

“The Texas Capital Foundation was created to expand and elevate Texas Capital’s philanthropic giving in the communities we serve across the state,” Texas Capital President and CEO Rob C. Holmes said in a statement. “We are proud to honor these four nonprofit organizations as recipients of this year’s Honors Awards for their dedication to improving the lives of Texans and expanding the reach of essential construction services of a better future for the State where we are fortunate to live and carry out activities. business.”

Texas Capital said the Honors Awards are a flagship program of the Texas Capital Foundation, which Texas Capital launched in 2022 to strengthen and elevate its commitment to Texas communities.

The foundation said the awards include three grants of $50,000 each that align with Texas Capital’s three community impact pillars: “Live,” “Learn” and “Lift.” A fourth grant of $100,000, the STAR (Supporting our Troops, Active and Remembered) award, was awarded to a Dallas-based organization that provides services to service members, their families and veterans.

The Texas Capital Foundation said its grantmaking approach focuses on nonprofits that operate in areas within the company’s footprint. Through the Honors Awards, the Texas Capital Foundation aims to fund small and medium-sized organizations that meet the greatest needs in communities. Recipients are selected through a competitive grant application process.

Honorary Award Recipients

“This year’s Honors Awards winners were selected for their inspiring and innovative solutions to some of the biggest challenges facing our communities,” said Effie Dennison, president of the Texas Capital Foundation and chief community development and innovation officer. corporate responsibility at Texas Capital. A declaration. “We are honored to recognize and support the work of these organizations to advance our shared mission of empowering communities across Texas.”

The winners of the second edition of the Honors Awards are:

  • Next operation, a Dallas-based nonprofit organization whose mission is to recruit, develop and place high-performing enlisted military personnel in industrial careers. NextOp’s goal is to bridge the gap between the military and industries that need diverse and skilled talent. (NextOp received the $100,000 STAR grant, as noted above.)
  • SafeHaven of Tarrant County, a Fort Worth-based nonprofit whose mission is to end domestic violence through safety, support, prevention and social change. As Tarrant County’s only state-designated domestic violence program, SafeHaven has helped thousands of women and children rebuild safe, independent lives for more than 40 years.
  • Skill Point Alliancean Austin-based nonprofit workforce development organization that provides high-demand workforce training to vulnerable community members in Central Texas and the Permian Basin.
  • Lucille’s kitchen from 1913a Houston-based nonprofit that is building a vertically integrated ecosystem to combat food insecurity and waste, create training and employment opportunities in traditionally under-resourced neighborhoods, and empower communities to discover ways livelihoods through culinary and cultural arts.

“We are very honored to receive the STAR Award and will use the funds to enable our planned expansion into North Texas,” Shelby Mounts, executive director of NextOps, said in a statement. “There are many veterans in the Greater DFW area and many more who want to come here to take advantage of the opportunities the area offers. Our career transition services aim to help these veterans access great careers. We look forward to strengthening our relationship with Texas Capital and the DFW community for many years to come.”

Texas Capital Bancshares is a member of the Russell 2000 Index and the S&P MidCap 400 and is the parent company of Texas Capital Bank trading as Texas Capital. It is a full-service financial services company that provides personalized solutions to businesses, entrepreneurs and individuals.

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