Dallas, Texas – Several nonprofit organizations hailing from the southern reaches of Dallas County found themselves the recipients of significant philanthropic grants on Tuesday.
This largesse, amounting to a cumulative total of $300,000, was generously bestowed upon them by the Wells Fargo Foundation, with the objective of materially contributing to the construction of lives, homes, and an overarching sense of hope within the community.
The high-level executives of Wells Fargo undertook an informative tour, orchestrated in partnership with the Dallas Regional Chamber (DRC), across the various locales of Southern Dallas.
Dallas Regional Chamber partnered with Wells Fargo Foundation for the grants
“The reason DRC wants to do these tours is not to spectate, it’s for us to tell the story, the message of what’s happening in southern Dallas County. The change agents, the organizations, the people who are making things happen for this community,” said Latasha Herron Bruff of the Dallas Regional Chamber.
Among the beneficiaries, Paul Quinn College stood out as a paragon of transformative change and was accordingly acknowledged by Wells Fargo. Tanya Sanders, who spearheads Wells Fargo Auto, made an announcement that was met with palpable excitement. She said that that Wells Fargo Foundation is giving away $100,000 to the Paul Quinn College as they want to support the great job the college is doing directly taking part of that process.
Wells Fargo Foundation to directly support Paul Quinn’s innovative ‘Urban Work College’ model
The financial infusion is designated to bolster Paul Quinn’s innovative ‘Urban Work College’ model—a pioneering program that endows students attending the Historically Black College and University (HBCU) with gainful employment opportunities, thereby enhancing their educational experience in a synergistic fashion.
“People don’t invest in places they expect to fail, they invest in places they want to see succeed,” said Dr. Michael Sorrell, the president of Paul Quinn College.
“Wells Fargo understands that the work we do is critically important, and we’re succeeding at a very high level, and they want to be a part of that, and we are thrilled that they feel that way.”
Emerging from Tuesday’s circuitous explorations conducted by Wells Fargo Foundation in alliance with regional partners, Paul Quinn College was revealed as one of three nonprofit organizations to receive substantial financial endowments.
Joining them in this monetary windfall was Builders of Hope, an institution committed to the development of affordable housing across disparate neighborhoods in West Dallas, Oak Cliff, and Pleasant Grove. Impressively, the group’s track record reveals the construction of over 500 residences in a span of 25 years, a testament to its enduring impact on community infrastructure.
Alexis Snow, the Vice President of Philanthropy and Community Impact at the Wells Fargo Foundation, encapsulated the sentiment behind the fiscal allocations.
“Here is a gift from us say thank you,” said Snow, a declaration that came hand in hand with a distinct grant of $50,000 earmarked for the Dallas Entrepreneurship Center (DEC) situated within the confines of Red Bird Mall.
Committed to engendering an environment that nurtures entrepreneurial initiatives, the DEC specifically concentrates its resources on amplifying businesses helmed by women and individuals from diverse racial backgrounds. Snow elaborated on the multivalent impact of the grants.
“The grants that we’re providing helps fuel the work that these organizations do,” said Snow. “Whether it be to provide small business housing, small business workshops here at the Dallas Entrepreneurship Center or to look at Paul Quinn College where they’re providing students with the opportunity to go to college almost debt-free.”
While the various organizations were privy to the fact that an evaluative tour was on the horizon, they remained blissfully unaware of the pending financial bequests and their respective magnitudes. Following the completion of the tour, an ambience of elation and gratification was palpable, permeating the gathering on that auspicious Tuesday.
Earlier this month, Dallas schools and Soles4Souls donated hundreds of shoes to Dallas students in need.