The Federal Home Loan Bank of Dallas (FHLB Dallas) and eight of its member institutions have collectively granted $283,000 to eight nonprofit organizations in the Dallas-Fort Worth (DFW) area. These awards, part of the $1.2 million distributed through the Partnership Grant Program (PGP), were celebrated during an event held at FHLB Dallas headquarters.
“The PGP gives us the opportunity to partner with our financial institution members to connect with community organizations that may not have the staff or the budget to access major grant funding,” said FHLB Dallas President and CEO Sanjay Bhasin. “Some of our grant recipients are small in terms of budgets and staff, but their work has been impactful and inspirational. It’s our hope that these grants will help support them in the good work they already do.”
All eight nonprofit recipients attended the event.
U.S. Representative Marc Veasey, TX-33, who represents parts of Dallas and Tarrant counties, praised the contributions of these organizations.
“These organizations are making a real difference in our communities by addressing critical needs in affordable housing, education, and community development,” Veasey said. “Local nonprofits are at the heart of our neighborhoods — they know the issues, they understand the people, and they deliver results. As we move into 2025, I’m committed to continuing to support these vital organizations that are working every day to improve access to housing, economic opportunities, healthcare, and education for all.”
Partnership Grant Program (PGP) Overview
Through the PGP, FHLB Dallas member institutions contribute $500 to $5,000 to a nonprofit organization. FHLB Dallas matches these contributions at a 5:1 ratio, providing up to $25,000 per member to support nonprofits. This initiative fosters collaboration between community-based organizations and FHLB Dallas members, strengthening their shared impact.
Grant Recipients and Member Contributors
The following nonprofits and their respective member institutions were recognized for their outstanding community contributions:
- BH365 Education Foundation, Dallas: $9,000 (Veritex Community Bank)
- Ferguson Road Initiative, Dallas: $30,000 (Charles Schwab Bank)
- Renaissance Heights Foundation, Fort Worth: $30,000 (Charles Schwab Bank)
- South Dallas Fair Park Innercity CDC, Dallas: $64,000 (Charles Schwab Bank, Inwood National Bank, Woodforest National Bank)
- SP 1600 Pennsylvania Avenue, Dallas: $30,000 (Independent Financial Bank)
- Stars United Global Outreach, Grand Prairie: $30,000 (Centennial Bank)
- Youth With Faces, Dallas: $30,000 (Oakwood Bank)
- Zan Wesley Holmes, Jr. Community Outreach Center, Dallas: $60,000 (American First National Bank, Oakwood Bank)
For additional details about the Partnership Grant Program, visit fhlb.com/pgp.
