TI volunteers at GivingTuesday in 2019.

Nonprofits

Texas Instruments Foundation Donates Millions to United Way of Metropolitan Dallas

The gift precedes North Texas Giving Tuesday Now, a philanthropic effort slated for May 5.

United Way of Metropolitan Dallas received a $5 million grant from the Texas Instruments (TI) Foundation for immediate and long-term needs in education, income, and health outcomes in North Texas.

The funds will be used either directly or indirectly to support the organization’s COVID-19 relief, recovery and rebuilding efforts, and brings the total raised to more than $11.6 million.

United Way of Metropolitan Dallas created its Coronavirus Response and Recovery Fund mid-March, raising more than $1 million in donations the first day.

Texas Instruments Foundation, Bank of America, McKesson Foundation, and Perot Foundation made some of the initial seed funding commitments to address both the urgent and long-term needs of North Texans in the wake of the coronavirus pandemic.

The grant includes the initial $250,000 seed money the TI Foundation gave to the recovery fund.

“During these unprecedented times, our greatest assets are each other,” said Jennifer Sampson, McDermott-Templeton president and CEO, United Way of Metropolitan Dallas.

“We are incredibly grateful for the leadership and generosity of our valued long-time partner, TI. We share the belief that this crisis can be a defining moment of solidarity. This monumental gift ensures that together, we will continue to put opportunity in the hands of North Texans when they need it most.”

Analyzing the most critical needs, United Way of Metropolitan Dallas has already deployed more than $2.9 million in resources, impacting the lives of nearly one million North Texans, according to a news release.

While many of the initial grants address needs of access to food, shelter, healthcare, and response to job and income loss, several also meet the immediate educational and emotional needs of children and adults across North Texas.

As federal funding from the CARES Act and public resources at the city and county level begin to flow into these areas, United Way funding will shift to support longer-term recovery efforts to continue its focus on improvements in education, income, and health outcomes.

“United Way of Metropolitan Dallas is a powerhouse, frontline leader in using its network, know-how, and resources to address the most critical needs of North Texas,” said Andy Smith, executive director of the TI Foundation. “The current unprecedented public health crisis is no different for Jennifer and her team, and we know that with the help of this gift, they will tackle near-term service gaps while planning for long-term recovery.

“At TI, one of our long-standing ambitions is to be a company you’d be proud to be a part of, and one you’d be proud to have as a neighbor. We are committed to supporting our communities and hope this gift will serve as a catalyst for continued generosity throughout our area.”

_________

In other news

United Way of Tarrant County announced it has invested $1,087,000 in the community for COVID-19 relief from the organization’s Emergency Relief Fund and through federal and state grants administered by the Area Agency on Aging of Tarrant County.

From a news release:

Last week, the nonprofit allocated an additional $420,000 from the Emergency Relief Fund, bringing the total community investment from the Emergency Relief Fund to $670,000. The latest allocation will fund 29 organizations focused on providing the most basic and critical needs to more than 100,000 Tarrant County residents impacted by COVID-19.

United Way of Tarrant County’s Area Agency on Aging has increased its support of Meals On Wheels and Sixty & Better with an investment of more than $417,000 to provide 75,747 meals to 2,100 people since mid-March as a result of COVID-19. This is above and beyond the number of meals typically served in a month, which is 25,948 at a cost of more than $137,000 per month. The additional meals cover senior citizens who previously relied on community centers for their meals or family members and friends who can no longer visit because of social distancing rules.

“The COVID-19 pandemic continues to take its toll on our community, especially the most vulnerable which includes children and senior citizens,” said Leah King, president and CEO of United Way of Tarrant County. “Providing critical needs to families with children and meals for senior citizens has increased at an unimaginable rate. We are thankful for our generous donors and our agency partnerships that allow us to help these critical populations, and so many others who are in need. The ongoing support from individuals, corporations, and foundations has been incredible and makes it possible for us to continue to allocate resources broadly across our community.”

Newsletter

Keep me up to date on the latest happenings and all that D Magazine has to offer.

Comments