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The Dallas Foundation
The Dallas Foundation was founded in 1929 by local leaders seeking to create a permanent vehicle for charitable giving in Dallas. Julie Diaz has led the...
The Dallas Foundation
The Dallas Foundation was founded in 1929 by local leaders seeking to create a permanent vehicle for charitable giving in Dallas. Julie Diaz has led the organization as President and CEO since 2024. The foundation oversees more than 700 funds and maintains close ties to families such as the Addy and Rees-Jones groups through board service. The foundation allocates assets across marketable securities, real estate holdings, and interests in irrevocable trusts. Its securities portfolio includes positions in Vanguard Total Stock Market Index Fund, Vanguard FTSE All-World ex-U.S. Index Fund, and Vanguard Short-Term Bond Index Fund. Real estate and mineral interests are concentrated in Texas. Grantmaking reaches recipients in North Texas and extends to selected international education efforts. The structure relies on donor-advised funds and supporting organizations rather than direct private equity commitments. Assets under management stand at 652 million USD. The foundation employs investment advisors including Raymond James Financial Services, UBS Private Wealth, and Vanguard. It maintains membership in the Council on Foundations and Philanthropy Southwest. In May 2024 the foundation sponsored the Professional Advisor Seminar in Dallas on philanthropic planning and tax-advantaged giving. Governance rests with a Board of Governors that includes representatives from Dallas civic and philanthropic circles. This board structure separates investment oversight from grant decisions while allowing family-linked advisors to participate on committees.
General information
Firm type
Community Foundation
Year founded
1929
Location
Region
North America
Country
United States
City
Dallas
Corporate office
3000 Pegasus Park Drive Suite 930, Dallas, Texas, United States
Principals
Julie Diaz
President & CEO
Lydia B. Addy
Chair of the Board of Governors
Sector focus
Frequently asked questions
Who runs investment decisions at The Dallas Foundation?
Julie Diaz serves as President and CEO. An Investments Committee includes advisory members such as Trevor Rees-Jones and W. Kelvin Walker.
Does The Dallas Foundation participate in fund commitments or only direct deals?
The foundation holds positions in Vanguard index funds and maintains direct ownership of Texas real estate and mineral interests.
Where does the underlying wealth come from?
Assets originate from donations by multiple fundholders rather than a single family fortune.
What investment stages does The Dallas Foundation typically target?
The foundation does not target venture stages. Its portfolio centers on public equities, fixed income, and real assets.
How is The Dallas Foundation related to The Addy Foundation?
Lydia B. Addy chairs the board and co-founded The Addy Foundation, which co-invests with The Dallas Foundation on community initiatives.
Does The Dallas Foundation maintain philanthropic structures, and how are they separated?
It operates donor-advised funds, endowed funds, and supporting organizations including the AWARE Fund for Alzheimer's research.
Which sectors does The Dallas Foundation explicitly avoid?
No explicit avoidance sectors are stated in available records.
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