Dallas’ Texas Capital Foundation Announces $250K in Grants to Four Texas Nonprofits

The awards provide grants totaling $250,000 to support nonprofits addressing community needs across Texas—including a Dallas nonprofit that helps military veterans enter industry careers and a Tarrant County organization with a mission to end domestic violence.

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 provide grants totaling $250,000 to support nonprofits addressing community needs across Texas.

“The Texas Capital Foundation was established to expand and elevate Texas Capital’s philanthropic giving in the communities we serve across the state,” Texas Capital President & CEO Rob C. Holmes said in a statement. “We are proud to honor these four nonprofits as recipients of this year’s Honors Awards for their dedication to improving the lives of Texans and expanding the reach of services that are vital to building a brighter future for the state where we are fortunate to live and conduct business.”

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

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

Texas Capital Foundation said its approach to grantmaking focuses on nonprofit organizations that operate in areas within the firm’s footprint. Through the Honors Awards, the Texas Capital Foundation aims to fund small to mid-sized organizations that serve the greatest needs of communities. Recipients are selected through a competitive grant application process.

Honors Awards recipients

“The recipients of this year’s Honors Awards were selected for their inspiring and innovative solutions to some of the greatest challenges facing our communities,” Effie Dennison, president of the Texas Capital Foundation and head of Community Development & Corporate Responsibility at Texas Capital, said in a statement. “We’re honored to recognize and support the work of these organizations to advance our shared mission of empowering communities across Texas.”

The second annual Honors Awards winners are:

  • NextOp, a Dallas-based nonprofit with the mission to recruit, develop and place high-performing enlisted military personnel into industry careers. NextOp’s goal is to bridge the gap between the military and industries in need of diverse and skilled talent. (NextOp received the $100,000 STAR grant, as noted above.)
  • SafeHaven of Tarrant County, a Fort Worth-based nonprofit with a mission to end domestic violence through safety, support, prevention, and social change. As Tarrant County’s only state-designated family violence program, SafeHaven has enabled thousands of women and children to rebuild safe, independent lives for more than 40 years.
  • Skillpoint Alliance, an Austin-based nonprofit workforce development organization that provides in-demand workforce training to vulnerable members of the Central Texas and Permian Basin communities.
  • Lucille’s 1913 Kitchen, a Houston-based nonprofit that’s 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 a self-sustainable livelihood through culinary and cultural arts.
 

“We’re very honored to receive the STAR Award and will use the funds to enable our planned North Texas expansion,” Shelby Mounts, executive director at NextOps, said in a statement. “There are many veterans in the Greater DFW area and many more who want to come here for the region’s opportunities. Our career transition services aim to help connect these veterans to great careers. We look forward to building 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 dba Texas Capital. It’s a full-service financial services firm that delivers customized solutions to businesses, entrepreneurs, and individual customers.

Get on the list.
Dallas Innovates, every day.

Sign up to keep your eye on what’s new and next in Dallas-Fort Worth, every day.

One quick signup, and you’re done.  

R E A D   N E X T

  • The newly established Texas Capital Foundation is following the first round of grant awards by opening again for new submissions this November.

  • Tarleton State University received the go-ahead for a new biotechnology institute as part of Texas A&M-Fort Worth's burgeoning downtown research campus. Approved in mid-August by the Texas A&M University System Board of Regents, the biotech institute is situated in one of the nation's fastest-growing life sciences hubs. "More than 5,000 biotechnology manufacturing and research and development firms — think Novartis, Alcon, AstraZeneca — call Texas home," according to the university. And DFW now ranks seventh in the U.S. for life science and biotech jobs.  The Tarleton State Biotechnology Institute will focus on discovery and innovation in bioinformatics and computational modeling.…

  • Mobility startups from coast to coast—including those focused on innovative ideas to transport people or goods—are invited to apply.  The unique accelerator program supports startups in the automotive ecosystem, ranging from AI-powered industry solutions and transportation infrastructure to dealer support and related services.

  • The North Texas Innovation Alliance has begun offering quarterly "hands-on innovation experiences" at "the brightest and most innovative projects across North Texas" for NTXIA members. The Immersive Innovation field trips kicked off with a tour of the NSF's newly opened eCAT Center at UNT. Here's where the NTXIA is going next.

  • In 2023, founders searching for venture capital found fewer investors and less money. Pitchbook reports that the number of U.S. deals in the first three quarters of 2023 was just slightly higher than the number made during the same period in 2018.   In North Texas, it was a similar story. But even as investment markets have tightened, Dallas-based Beyond Capital is working to reverse that trend by investing in more startups. In the first quarter of 2024, it’s opening its third fund to new investors.   Beyond Capital looks for startups in need of Seed to Series A investment. What…