The Ted & Shannon Skokos Foundation, established in 2008, focuses on supporting nonprofits in arts, humanity, education, and faith. Their mission centers on funding organizations led by visionary leaders with a commitment to impactful programs which operate with minimal overhead, integrity, transparency, and collaboration. The foundation values the strength of a nonprofit's leadership, including staff and board members, and supports endeavors that combine efforts from a broad stakeholder base for effective problem-solving.
The Ted & Shannon Skokos Foundation Grant focuses on empowering nonprofit organizations through four main criteria: Leadership, Impact, Sustainability, and Organizational Strength. Leadership criteria examine the quality of leadership within an organization's executive director, board, and key management, looking for experience, expertise, and commitment. Impact criteria assess the effect of the organization's programs on the community, including their uniqueness and the potential for systemic change. Sustainability criteria evaluate both the organization's and the specific project's financial health and potential for longevity with minimal overhead and foundation involvement. Finally, Organizational Strength reviews the history, reputation, and operational effectiveness of the nonprofit, ensuring it is recognized for providing meaningful services. The grant encourages collaboration with other entities for broader community integration and impactful outcomes.
Our funding preference is directed towards nonprofit organizations located in Dallas, Texas, as well as those in Arkansas that have had a direct impact on the lives of our founders.