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"Pegasus Prize" is currently closed and not accepting applications.
Pegasus Prize is sponsored by The Dallas Foundation. Recognizes nonprofit organizations in Dallas County using creative, data-driven solutions to address community needs.
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Pegasus Prize - The Dallas Foundation The Pegasus Prize is a $50,000 social innovation grant recognizing nonprofit organizations that use creative, data-driven solutions to address community needs in Dallas County. The Pegasus Prize celebrates innovation in action—amplifying each recipient’s impact, elevating their visibility, and inspiring additional community investment in creative solutions that drive lasting change.
By supporting fresh, data-driven approaches and bold ideas, the Pegasus Prize helps accelerate progress and strengthen the community for generations to come.
Application and Selection Awarding the Pegasus Prize Applicants for the Pegasus Prize are evaluated on the creativity, feasibility, and measurable impact of their solutions, with an emphasis on approaches that are faster, more cost-effective, data-driven, and lead to better results for residents of Dallas County.
Organizations with an innovative program addressing the following issue areas: Education, Family & Economic Stability (Housing, Food), and Mental Health Applications are open to nonprofit organizations addressing community needs. Individuals are not eligible. Applicants must be located in the City of Dallas or Dallas County, and the project funded 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. What makes a good Pegasus Prize Project?
The Dallas Foundation is committed to investing in bold, transformational solutions to the most pressing issues facing Dallas County. Projects must address either education, family & economic stability (housing, food), or mental health 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. How can Pegasus Prize funds be used? 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 opens on December 1 and closes on December 19.
Questions? Please email PegasusPrize@dallasfoundation. org .
According to the current listing, eligibility includes: Nonprofit organizations in Dallas County addressing education, family & economic stability, or mental health. Confirm the full requirements in the official notice before applying.
The current listing shows $50,000. Verify award ceilings, matching requirements, and allowable costs in the official notice.
The published deadline was December 19, 2025, which has passed. Check the official notice for any future application windows before investing time in a proposal.
Pegasus Prize is funded by The Dallas Foundation. Verify program details on the funder's official page before applying.
Start from the official opportunity page linked in this listing — it carries the sponsor's submission instructions.
Past winners and funding trends for this program