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Find similar grantsPegasus Prize is sponsored by The Dallas Foundation. A $50,000 social innovation grant recognizing nonprofit organizations that use creative, data-driven solutions to address community needs in Dallas County, focusing on education, family & economic stability, and mental health.
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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 .
Based on current listing details, eligibility includes: Nonprofit organizations in Dallas County, Texas. Applicants should confirm final requirements in the official notice before submission.
Current published award information indicates $50,000 Always verify allowable costs, matching requirements, and funding caps directly in the sponsor documentation.
The current target date is rolling deadlines or periodic funding windows. Build your timeline backwards from this date to cover registrations, approvals, attachments, and final submission checks.
Federal grant success rates typically range from 10-30%, varying by agency and program. Build a strong proposal with clear objectives, measurable outcomes, and a well-justified budget to improve your chances.
Requirements vary by sponsor, but typically include a project narrative, budget justification, organizational capability statement, and key personnel CVs. Check the official notice for the complete list of required attachments.
Yes — AI tools like Granted can help research funders, draft proposal sections, and check compliance. However, always review and customize AI-generated content to reflect your organization's unique strengths and the specific requirements of the solicitation.
Review timelines vary by funder. Federal agencies typically take 3-6 months from submission to award notification. Foundation grants may be faster, often 1-3 months. Check the program's timeline in the official solicitation for specific dates.
Many federal programs offer multi-year funding or allow competitive renewals. Check the official solicitation for continuation and renewal policies. Non-competing continuation applications are common for multi-year awards.