Leader - Spring 2023

Leader

Spring 2023 · dallasfoundation.org

05 The Power of Connection 11 Ask An Expert

Connecting Philanthropy to Impact 06

About Leader Leader offers information and updates on The Dallas Foundation’s strategic priorities, highlights nonprofit and donor partners deeply engaged in the work alongside us, and showcases our leadership, expertise, and catalytic investments.

Contents 04 TDF People An overview of the Foundation’s newest team members and partnerships to cultivate the next generation of nonprofit leaders.

About the Foundation The Dallas Foundation brings together people, ideas, and investments in Greater Dallas so individuals and families can reach their full potential.

Working closely with our donor partners, we share our expertise, leadership, and the opportunity to co-invest in solutions that match their interests and make a meaningful difference. We also support programs that benefit children ages birth to 3 as well as those that advance equity and inclusion, ensure community and economic resilience, and enhance our community’s nonprofit ecosystem, prioritizing partnerships that reduce intergenerational poverty and meet today’s pressing needs while positioning Greater Dallas for a brighter, more equitable tomorrow. #HereforGood

Leader is published by The Dallas Foundation. © 2023

05 The Power of Connection Read about fundholders working in partnership with The Dallas Foundation to make transformational philanthropic investments.

Philanthropy 06 Connecting to Impact How The Dallas Foundation's work intersects with five of the top challenges facing Greater Dallas.

11 Ask An Expert Julie Diaz, the Foundation’s Executive Vice President, provides insight on how to make a philanthropic impact beyond your lifetime.

Editorial Dawn Townsend Creative Direction Sydney Brucker Contributing Writers Mackenzie Causey Madalene Garcia Drexell Owusu Brittani Trusty Photography Jason Janik Photography Kim Leeson Photography

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12 Upcoming Events Educational opportunities to inform and inspire your philanthropic journey.

Leading Off

A Letter from Matthew Randazzo

Leadership President & CEO Matthew Randazzo Executive Vice President & COO Julie Diaz Chief Financial Officer Torrey Littleton Chief Impact Officer Drexell Owusu VP, Marketing & Communications Dawn Townsend

Friends,

Senior Director of Administration Liz Vickers

The Dallas Foundation is home to more than 700 funds. Some were funded by individuals and families, others by corporations and community initiatives. They vary in size and purpose, but they have at least two things in common: The well-founded optimism that their philanthropic resources can make a difference and the foresight to work with an organization deeply rooted in its understanding of Greater Dallas.

Bringing together funds, the generous donors who established them, and the unique perspectives that guide their grantmaking lie at the heart of The Dallas Foundation’s mission. Our stewardship of more than $550M in philanthropic resources fuels the Foundation’s work, but it’s about more than money. We are better able to meet the needs of this community when we tap into local knowledge, share our passions, and collectively move forward with purpose. And our entire team is grateful to be joined by partners and co-funders who share our interests and to witness the energy and momentum that happens as a result of our combined efforts.

This issue of Leader spotlights examples of The Dallas Foundation’s work to address and amplify challenges across the City of Dallas. You’ll also read about donors whose focus lies outside of the Foundation’s strategic priorities yet have chosen us as their philanthropic home because of our permanency, expertise, and leadership. Whether a donor chooses to give to, through or alongside The Dallas Foundation, during their lifetime or through a bequest, they can do so with the confidence that we are Here for Good.

That tagline speaks volumes. As a community foundation, we are built to serve generations of individuals and families who call Greater Dallas home. An organization with such longevity naturally experiences leadership transitions. By the time this issue of Leader is released, I will be concluding my tenure as President & CEO of The Dallas Foundation.

It’s been an honor to work alongside each of you and to witness firsthand Greater Dallas’ well-earned reputation as a generous and innovative city. The Foundation’s extraordinary growth and impact can be attributed to that generosity and to the entire Dallas Foundation team, an incredible group of philanthropic professionals. The Foundation’s Board of Governors has named Julie Diaz as Interim President & CEO and I’m confident that the Foundation’s work to ensure individuals and families can reach their full potential won’t miss a beat.

With gratitude for your partnership,

Board of Governors Chairman of the Board Lydia Addy Vice Chair and Secretary of the Board Chris Luna Bobby Bisor Susana Cordova Jamiee Eddington Steffen Fuchs Mark Okada Elizabeth Phillips Trevor Rees-Jones, III Catherine Rose Amber Scanlan Jeremy Smith Michael Sorrell

The Dallas Foundation 3000 Pegasus Park Drive, Ste. 930 Dallas, TX 75247 Web dallasfoundation.org Phone 214-741-9898 Email info@dallasfoundation.org LinkedIn /the-dallas-foundation

Matthew Randazzo President & CEO The Dallas Foundation | 3

TDF People The Dallas Foundation’s staff continues to grow and evolve to meet the needs of the organization and provide the highest levels of service to our fundholders and partners. We are excited to introduce our newest team members.

Meet Our New Board Leadership The Dallas Foundation is proud to announce the appointment of the new Chair and Vice Chair of The Dallas Foundation’s Board of Governors.

To learn more about us, visit: dallasfoundation.org/who-we-are/team

Staff Updates

Lydia B. Addy

The Foundation welcomed Sydney Brucker to the Marketing & Communications team in January 2023. As the Creative Services Manager, she serves as the in-house graphic designer and creative consultant for the organization.

In February 2023, the Foundation was joined by Maria Siharath as the Senior Staff Accountant.

In her role on the Finance team, Maria oversees the accounts payable process and ensures the timely processing of grant disbursements.

Chris Luna

A long-serving volunteer and co-founder of The Addy Foundation, Lydia B. Addy, will serve as The Dallas Foundation’s Board Chair. Addy has served on the Foundation’s board since 2016 and acted as the chair of the Development and Marketing Committee.

Chris Luna, a civic leader and legal executive, has been named The Dallas Foundation's Vice Chair. Luna began his tenure as a board member in 2019 and serves as chair of the Audit and Risk Management Committee, as well as a member of the Community Impact and Strategy and Governance Committees of the Board.

With over a decade of combined experience serving the organization, Addy and Luna will lead the 15 members of The Dallas Foundation’s Board of Governors in helping to shape the mission, vision, and future of The Dallas Foundation.

Addy photo credit: Simon Luna Photography

Spotlight: Rev. Dr. Lael Melville

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ur Women’s Philanthropy Institute (WPI) gathered for its annual Kickoff Luncheon in February featuring guest speaker and longtime WPI member, Lael Melville, CEO and co-founder of The Randolph W. and Dr. Lael C. Melville

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“I don't ask God to change my pain but to change my response to the pain.”

Family Foundation. Over 80 WPI members listened as Lael shared a glimpse into her heart and her philanthropic journey.

Inspired by her parents who were devoted to charitable giving and community advocacy, Lael serves on a variety of local nonprofit boards and committees but admitted that when first introduced to The Dallas Foundation’s WPI, she was hesitant to join. As she developed relationships with other women in the group, she realized that although most of the members didn’t look like her, they were “her people:” likeminded in their passion for impacting this community through philanthropy.

Beth and J Puckett: Empowering the Next Generation of Philanthropists site visits and reviewing financial information about the nonprofits, with students ultimately deciding how they would like their donation to contribute to the mission of the organization. The Dallas Foundation then distributes the grant funds directly to the nonprofit.

W

hen Beth and J Puckett and their family established the Giving Beyond Ourselves Fund at The Dallas Foundation in 2010, they did so to encourage the next generation of philanthropists.

The Puckett’s have long believed that the students at Episcopal School of Dallas are mindful of the need to serve others. They wanted to create a program in which students also learned about the importance of charitable giving.

With support from the Giving Beyond Ourselves Fund, 11th graders at ESD participate in the Junior Philanthropy Project, assessing the needs of their community to determine the most pressing social issues and researching local organizations that are actively working to address them. The Project guides students through

Through this unique example of philanthropy in action, students have granted over $54K while learning about the importance of charitable giving. And since Beth and J, a former chair of The Dallas Foundation’s Board of Governors, created the fund using an endowment model, decades of future ESD students will also be able to participate in this project.

“Our goal was to provide an opportunity for students to think deliberately about giving to nonprofit organizations and supporting their community more broadly over their lifetimes. It’s so rewarding to witness their passion and excitement, and to know that regardless of the amount being given, these students are learning how to distribute charitable resources thoughtfully and intentionally with a focus on community impact.”

Beth Puckett

Power of Connection AMN Healthcare: Setting the Standard for Corporate Social Impact “Our passion spans beyond the healthcare industry, and we are proud to be proactive community collaborators and active charitable contributors.”

AMN Healthcare

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Photo credit: Danny Campbell

he Dallas Foundation strongly believes in the power of connection. When a partnership amplifies common values and aligns philanthropic goals, a powerful spark ignites and drives significant impact. The Foundation was first introduced to AMN Healthcare, the nation’s leading healthcare staffing company, by its CEO of 32 years and Dallas Foundation fundholder, Susan Salka.

AMN believes that being an industry leader demands purpose and dedication to serve communities, as well as the drive to utilize resources for the greater good as a way to change the world. AMN lives by their core values each day and uses delivering quality care as a guiding principle to its philanthropy. People are at the heart of everything they do.

AMN’s commitment to helping others and putting people first is evident through the creation of their corporate donor-advised fund and not one, but two corporate hardship funds at The Dallas Foundation. AMN Healthcare has generously committed millions of dollars to support its team members and healthcare professionals, as well as to assist nonprofits around the world.

AMN’s hardship programs have supported countless employees experiencing extreme financial stress related to various crisis events, such as serious or life-threatening illnesses, natural disasters, housing insecurity, and unexpected funeral costs. AMN sets the gold standard for corporate social impact by going above and beyond to show their employees and nonprofit partners how much they are valued and supported. The Dallas Foundation is proud to serve as AMN Healthcare’s trusted partner in supporting their global philanthropic goals.

“By engaging with the world around us, we advance the quality of the services we provide and give back.”

AMN Healthcare The Dallas Foundation | 5

Feature

Connecting Philanthropy to Impact

By Drexell Owusu, Chief Impact Officer, Dawn Townsend, Vice President, Marketing & Communications, and Brittani Trusty, Director of Community Impact

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he Dallas Foundation is committed to continuing our legacy of bringing together people to learn about and invest in our community’s greatest needs, boldly driving philanthropy for tomorrow’s Dallas by educating and collaborating with donors and partners.

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Through the following pages, we highlight five of the challenges facing the Greater Dallas area and showcase how The Dallas Foundation is heightening awareness and mobilizing resources to help individuals and families achieve their full potential.

1 Childcare Helps Build the Future of the Workforce Dallas College launched a new drop-in childcare option for students attending classes at its El Centro campus with help from a $100,000 grant to Dallas College Foundation from The Dallas Foundation’s Community Impact Fund.

The new offering, called the Dallas College Young Scholars Program, eases the burden of childcare as a barrier to parents attending college and meeting their educational goals.

“Everyone deserves an equitable opportunity to enhance their journey at Dallas College, and this project ensures that student-parents get that opportunity.”

Dr. Carlos Cruz, Ed.D., Associate Vice Chancellor-Student Wellbeing & Social Support at Dallas College Accessible and reliable no-cost, drop-in childcare will be provided through a partnership with the T. Boone Pickens YMCA facility in downtown Dallas.

While meeting childcare needs, the facility will also promote early childhood development and provide enhanced learning experiences for children of Dallas College students. This initial implementation will accommodate up to 38 children at one time, with an estimated 75 children participating in the program over the course of the initial spring semester.

Eventually, Dallas College intends to scale the Young Scholars Program to other campuses in a financially sustainable manner, which will contribute to completion rates of student parents at Dallas College, position young children for a strong start in school, and expand the number of individuals prepared to join Greater Dallas’ workforce.

2 Street Safety Through the Spay Neuter Surge After five and a half years and an investment of over $1.2M by The Dallas Foundation, the Southern Dallas Spay Neuter Surge project has come to a successful end. The Spay Neuter Surge project was a public-private collaboration with the primary goal of improving public safety in Southern Dallas by reducing the loose dog population through free, geographically targeted, spay neuter services and outreach.

Photo credit: Dallas College

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To learn more about The Dallas Foundation's Community Impact Fund and donate to make programs like the Dallas College Young Scholar's Program possible, visit dallasfoundation.org/CIF

The Surge project brought together a collective of 15 foundations which supported the efforts with over $23 million in funding. The project was led by two service providers, SPCA of Texas (SPCA) and Spay Neuter Network (SNN), who worked collaboratively to provide direct medical services to clients and were responsible for outreach and marketing efforts.

The Southern Dallas target area of 23 zip codes included 200,000+ households and 600,000+ residents, with approximately one in four residents living at or below the poverty level. The target zip codes also accounted for approximately 80% of calls to Dallas Animal Services (DAS) related to loose dogs, dog bites, and animal intake.

Over the nearly six-year period, the Surge made a profound and lasting impact on the community of Southern Dallas. More than 68,000 dogs received free spay/neuter services, complete with core vaccinations and microchips, through SNN and SPCA. An additional 45,000 dogs received spay/neuter surgeries during the project period through Dallas Animal Shelter. In addition, the number of loose dogs roaming the Southern Dallas community is projected to have decreased by 71%.

To discover more about the Spay Neuter Surge project and its success in improving safety in South Dallas, read the full report at: dallasfoundation.org/sns_final_report

The Dallas Foundation | 7

New Green Spaces Coming to Southern Dallas: Fair Park First | An 18-acre park aims to put the “park” back in Fair Park, creating an amenity-rich space for the surrounding neighbors to enjoy while attempting to heal a decades-old wound resulting from the displacement of Black-owned homes and businesses from what will be the footprint of the Community Park.

Southern Gateway Public Green Foundation | Southern Gateway Park over I-35E will connect two of the lowest-income census tracts in Dallas, helping to bridge residents on either side of the highway. The Park will ease mobility concerns, and provide expanded access to grocery stores and health clinics. A study conducted by UNT-Dallas School of Business estimates $1B in economic impact in the first 5 years after the opening of Phase I. Harold Simmons Park/Trinity River Conservancy | Set between the Margaret McDermott Bridge and the Ronald Kirk Bridge, Harold Simmons Park is one of the first major recreation projects within the Trinity River Corridor Plan which aims to serve as a catalyst, connecting Dallas residents on both sides of the river to the natural environment and to one another, creating momentum for the equitable development of areas along the Trinity.

Five Mile Creek Urban Greenbelt/Trust for Public Land | Southwest Dallas is home to Five Mile Creek’s 70-square-mile watershed.

The Blackland Prairie, limestone creeks, old growth forests, and wildflower meadows are situated in an area where most households are low-income and many experience significant health disparities. Thirteen miles of new trails will provide access to Dallas’ ever-expanding network of walking and biking paths, directly improve health outcomes and the environment, and play a role in the further development of Southern Dallas.

Learn More

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Discover more about future additions to Dallas' park infrastructure and providing gateways to building community by watching The Dallas Foundation’s recent Community Matters event focused on this topic: dallasfoundation.org/cm_greenspace

Photo credit: Jason Flowers for Trust for Public Land

3Greenspace: A Catalyst for Community Four major greenspace projects located in or adjacent to Southern Dallas are set to come online within the next few years, bringing new venues for residents to gather, exercise, and play in an area historically lagging in high quality outdoor spaces. Along with access to open lawns, pavilions, and play equipment, the Community Park at Fair Park, Southern Gateway Deck Park, Five Mile Creek Trail, and the Harold Simmons Park, will also provide spaces for building community, connecting residents to one another and to economic development opportunities.

Residents of neighborhoods surrounding the parks were invited into design discussions to fully understand how each could enhance the quality of life for the community it serves.

4Preserving Home Ownership Vulnerable neighborhoods across Dallas are the focus of a project recently approved by Dallas’ City Council. Builders of Hope Community Development Corporation is leading the effort to develop a toolkit intended to combat gentrification in neighborhoods where rising home costs are forcing long-term residents to move out and limiting who can afford to move in.

With support from a $150,000 grant from The Dallas Foundation’s Racial Equity Fund and part of the Foundation’s interest in building community and economic resiliency, the proposed Anti-Displacement Toolkit aims to create lasting and impactful policy change within the City of Dallas. The project’s vision is to ensure that vulnerable residents in historically marginalized

Our neighborhoods are the fabric of our city. That's where you have the culture and sense of community and we should be intentional about preserving that, about making their priorities just as important as developer preference."

James Armstrong President and CEO of Builders of Hope

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communities have the right to stay and the opportunity to return to their neighborhoods in the face of rapid development and rising housing costs; over time, opportunities remain for new lowincome residents to move into the community; and all residents, but especially those most vulnerable to displacement, have a meaningful role in shaping the future of their neighborhoods.

“Through this Anti-Displacement Tooklit, we hope to create this movement of neighborhood preservation.”

James Armstrong, President and CEO of Builders of Hope The year-long effort includes citywide mapping, case studies of 18 susceptible neighborhoods, and a comprehensive policy review.

A final report and toolkit will be presented to the City Council for adoption in December 2023.

5 Racial Equity Across Dallas According to the most recent Census breakdown, a majority of Dallas County residents (population 2.6 million) identify as Hispanic (41%), Black (24%), or Asian (7%). According to research compiled by Boston Consulting Group in 2020, members of these particular communities are more likely than their white counterparts to experience worse outcomes at every stage of life in Dallas County, from womb to tomb.

The Dallas Foundation proudly launched its Racial Equity Fund in 2022 with the explicit goal to address those lifetime racial disparities in education, healthcare, employment, basic infrastructure, and criminal justice. In addition to making $2.5 million in grants from the Fund, The Dallas Foundation strives to ensure our grant investments complement efforts happening at the citywide level and beyond. To that end, Chief Impact Officer Drexell Owusu has actively engaged with the City of Dallas as they begin to implement a new policy focused on racial equity.

Photo credit: Builders of Hope

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To hear what’s contributing to and sustaining Dallas’ current housing market, the impact on our city’s future, and how one of Dallas’ biggest developers of affordable housing is tackling housing issues, listen to The Dallas Foundation’s recent Community Matters event focused on Economic Resiliency. dallasfoundation.org/cm_education

In August 2022, Dallas’ City Council overwhelmingly approved the City’s Racial Equity Plan (REP), affirming Dallas’ commitment to work towards addressing the impact of institutional racism and creating a city where everyone can thrive. The REP provides a comprehensive strategic framework that outlines progress measures for each city department to address the racial, ethnic, and socioeconomic disparities. Initial efforts center on the business case, reframing racial and economic inclusion as integral to Dallas’ growth.

“It has been exciting to partner with City staff as well as City elected officials to implement long-lasting policy that will improve Dallas for generations ahead. We are incredibly pleased that the first investments made from The Dallas Foundation’s Racial Equity Fund have allowed us to connect and partner with agencies serving our largest communities of color to meet their unique needs while also providing proof points on the value of prioritizing equity across Dallas.”

Drexell Owusu, Chief Impact Officer at The Dallas Foundation

If you are interested in learning more about The Dallas Foundation’s Racial Equity Fund or becoming an investor in Year 2 of the initiative, contact Drex Owusu at dowusu@dallasfoundation.org or Angela Woodson, Director of Stewardship & Strategic Initiatives, at awoodson@dallasfoundation.org.

The Dallas Foundation | 9

Ask An

What is an endowment?

Expert:

The Power of Endowment

An endowment is a permanent fund created to provide perpetual support and have lasting impact for an organization.

The power of endowment is in its continuity - long-term stability and financial viability. Endowed funds are invested over time and a percentage of the fund’s market value is used annually to make charitable grants. In this respect, an endowment is a perpetual gift.

At The Dallas Foundation, one-third of our collective funds are endowed providing long-term impact for our community and the causes our donors care about. Donors interested in endowment are encouraged to contribute to an existing endowed fund, such as our signature Community Impact Fund, or they may establish an endowment in support of their favorite charities or causes.

What types of endowed funds should I consider establishing at The Dallas Foundation?

Julie Diaz Executive Vice President & COO

For almost four decades, Julie Diaz has connected donors and community partners to the causes they care about to create change for lifetimes to come. We asked her to answer three questions to explain the importance of endowment funds in a donor's philanthropic journey.

Two of our most popular endowments are Designated Funds and Field of Interest Funds. A Designated Fund provides guaranteed long-term consistent annual support to a specific nonprofit organization. A Field of Interest Fund provides longterm consistent annual support to a broader cause or area of interest such as education, arts and culture, or children’s health.

How do endowments help nonprofit organizations fulfill their mission?

An endowment helps to provide long-term and regular income to nonprofits which can be used for various programs and/or operational support as determined by the organization. Endowments have the opportunity for tremendous impact as the principal and gift giving continue to grow over time.

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The Power of Endowment Two examples of endowed funds hosted by The Dallas Foundation, both of which offer sustained support for causes specified by the founding donors:

Annie L. Stevens Field of Interest Fund

Rosemary Hively Briggs Designated Fund

The Annie L. Stevens Fund was created in 1997 by the late Ms. Stevens, a member of one of the original pioneer families of Dallas. This Field of Interest Fund benefits nonprofit organizations that support low-income older adults or disabled, abused, neglected, or economically disadvantaged children.

Because the fund is endowed and managed so that it can exist in perpetuity, The Dallas Foundation is able to receive and vet grant applications, then award approximately $250,000 in grants from the fund each year. More than $5.1M in grants have been awarded from the fund since it was founded, surpassing the amount of Ms. Stevens’ original gift.

Mrs. Briggs helped found the Women's Auxiliary of Nexus Recovery Center and served on their Board and Executive committee. She was also Capital Campaign Chairman for Nexus, where the administration building is named in her honor. Clearly devoted to the mission of the organization, Mrs. Briggs established this designated fund during her lifetime to provide annual disbursements to Nexus Recovery Center.

Each year, The Dallas Foundation awards Nexus a grant for its operating expenses and will do so in perpetuity. In the unlikely event that the nonprofit ceases to exist, The Dallas Foundation may redirect the grant to an organization that aligns with Mrs. Briggs original intent.

Ready to start a conversation about an endowed gift to The Dallas Foundation?

Contact Gary Garcia, Vice President, Philanthropic Partnerships, at gwgarcia@dallasfoundation.org or (214) 694-2507.

Together, we can advance equity and inclusion in Dallas.

Your zip code shouldn’t dictate your outcome.

Yet, many Black and Hispanic residents in Dallas face that reality, experiencing systemic and persistent gaps in outcomes that affect nearly every step of life.

The Racial Equity Fund of The Dallas Foundation will strategically and purposefully support organizations that combat systemic inequities in our community.

Join a collective of like-minded donors who have already invested nearly $1.5M in this fund to create a more inclusive Dallas for all of our neighbors.

Become a partner today.

Visit dallasfoundation.org or contact Angela Woodson, Director of Stewardship & Strategic Initiatives: awoodson@dallasfoundation.org.

Invest in tomorrow’s A Fund PoweredDallas. by

You

Join us in creating a brighter and more equitable future for Greater Dallas.

Since 1929, The Dallas Foundation has connected people to the causes they care about - improving and making progress you can see across North Texas. Through our Community Impact Fund, we support innovative and scalable solutions to our community’s biggest challenges.

But we cannot do this work alone. Generous, forwardthinking individuals like you know that a gift made today can create meaningful change for generations to come.

Together, we can be here for good.

Donate to the Community Impact Fund today.

Visit dallasfoundation.org to learn more.

Upcoming Events 2023 Sept 13

Lunch & Learn: Homelessness Women's Philanthropy Institute Save the date for another educational event focused on inspiring and empowering women philanthropists.

Oct 26*

Building a Robust Arts Ecosystem through Access and Inclusivity Community Matters

Dallas’ arts community is known as one of the best in the country. Hear from three local leaders about the importance of building pathways for children and youth to pursue a career in the arts and ensuring everyone in Greater Dallas can enjoy and benefit from exposure to the performing and visual arts.

Nov 13*

Aligning Impact and Outcomes: Racial Equity in Philanthropy Community Matters Addressing the inequities in our community is critical to helping Dallas reach its full potential. Join Chief Impact Officer Drexell Owusu as he shares learnings and insights from The Dallas Foundation’s inaugural cohort of Racial Equity Fund grantees, as well as where opportunities for transformational change still exist.

Visit dallasfoundation.org/connect/events for the latest information on upcoming events and activities. *Additional information and times to come.