OVERVIEW: The ORIX Foundation is a corporate funder that focuses much of its grantmaking on the Greater Dallas area. This is a funder of youth, poverty, health, and veteran causes, and most grants are between $5,000 and $15,000.
FUNDING AREAS: At-risk youth, poverty, health, veterans, basic needs, empowerment, education
IP TAKE: ORIX keeps an eye out for developing, underfunded nonprofits with a local, community focus. In addition to Dallas, ORIX employs U.S. staff in California (San Diego, San Francisco, and Newport Beach), Chicago, New York; Columbus, Ohio; Reston, Virginia; and Bellevue, Washington.
PROFILE: ORIX USA is a Dallas-based investment capital and asset management company that encompasses everything from real estate to health care and energy. The company’s former CEO started a committee to investigate how the company could best contribute to charitable causes, and the ORIX Foundation was born in 2009. This is an employee-driven venture philanthropy that is focused on the communities where ORIX employees live and do business. The city of Dallas and the Dallas metropolitan area are at the heart of this grantmaking.
Through its charitable giving program, ORIX has awarded over $8.2 million to charities, specifically ones that promote the health, welfare, and education of children, families, military personnel and veterans. In a recent year it gave out at least $2.1 million in 18 grants to nonprofits. This is a good foundation to get in touch with for basic services like food, shelter and medical attention. It’s also a big supporter of local education. Grantmaking has been on the rise in recent years.
These are a few other things that ORIX has looked for in grantees:
- Modest fundraising capacities
- Underfunded charities
- Developing charities
- A historically prudent management of funds and programs
- A strong present need for funds
- Non-political and non-religious organizations
Some of the biggest local funding areas in North Texas have recently been at-risk children, families in poverty, health and veterans. In addition to the foundation’s charitable giving program, there’s also an employee matching program that matches funds raised and donated by employees of ORIX USA and the RED Capital Group, which is also based in Dallas.
Past grantees include the following:
- Ability Connection Texas - $15,000
- Bryan’s House - $10,000
- Youth Believing in Change - $15,000
- Galaxy Counseling Service -$12,000
- USO Dallas Fort Worth - $45,000
“As employees of a financial services company, we understand the importance of thoughtful investments with a solid return, and we apply this same approach to our charitable giving,” said Elizabeth Daane of the ORIX Foundation. “To have a strong community, you must invest in it, and these organizations make a powerful impact on North Texans who need it most.”
Most grantees have been receiving between $10,000 and $20,000; however, there has also been a small grant program that awards groups between $1,500 and $6,000.
Grant requests are typically accepted in May of each year for awards granted the following fiscal year. Requests for program, project, capital, and sponsorship are all considered by the foundation. Seed/pilot funding, general operating support, and capacity building support are all considered as well. Prospective grantees can download a common grant application from the Annual Grant Cycle section of the foundation’s website.
Your best point of contact is Carol Greene, the foundation director, who can be reached at 214-237-2000 or via email at email@example.com.
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