Pegasus Park Tower, home to the Water Cooler, one of the largest nonprofit co-working communities in the country, with 35 social impact organizations across five floors and approximately 175,000 square feet, representing more than 700 employees on campus.
Photo courtesy of J. Small Investments
This month marks the fifth anniversary of Pegasus Park, home to Grant Halliburton Foundation, a milestone that aligns with the Foundation’s 20th anniversary year and underscores the role that place and community play in advancing mission-driven work.
Although the Foundation has been part of Pegasus Park for just under four of those five years, the impact has been both immediate and lasting. Designed to bring together organizations focused on social good, the campus fosters collaboration in ways that extend beyond a traditional office environment.
The Foundation’s time at Pegasus Park has coincided with a period of growth, including expanded reach, strengthened partnerships, and a deepened presence in youth mental health and suicide prevention across North Texas. As the organization reflects on two decades of impact, the environment at Pegasus Park continues to help shape its next chapter.
“The power of Pegasus Park is in the way it brings people together,” Kevin Hall, president of Grant Halliburton Foundation, said. “When you’re surrounded by organizations working toward a shared purpose, it creates opportunities to collaborate, to grow, and ultimately to reach more people with the support they need.”
The orange statues at Pegasus Park are part of the #IfThenSheCan exhibit, a Lyda Hill Philanthropies initiative featuring more than 120 life-size statues of contemporary women in STEM. The exhibit debuted at the Smithsonian in 2022 and has since been displayed across Dallas, including at the Perot Museum.
Photo courtesy of J. Small Investments
At the center of that collaboration is the Water Cooler, a shared nonprofit space within Pegasus Park Tower, sponsored by Lyda Hill Philanthropies and managed in partnership with The Dallas Foundation. The space brings together a vibrant network of organizations working to improve North Texas and beyond.
The campus has also expanded visibility and created new opportunities for connection. Proximity to other mission-driven organizations has led to meaningful partnerships and conversations, opening doors that may not have otherwise existed.
One example of that collaboration is a partnership with the Carson Leslie Foundation to deliver Hope Care Kits to children with cancer at Children’s Health. The effort was supported through a Pegasus Park Water Cooler grant, reflecting how shared space can translate into shared impact.
“As we mark 20 years, we’re reminded that none of this work happens alone,” Hall said. “The relationships we’ve built, especially here at Pegasus Park, have shaped who we are today and will continue to guide where we go next.”
By T.J. Griffin
Vice President of Communications