IP Receives $27K in Grants in 2019
Impossible Possibilities (IP) received $27,000 in grants from Texas Capital Bank ($7,000), the Lockheed Martin Aeronautics Employees’ Reaching Out (AERO) Club ($5,000), the Miles Foundation ($5,000), the Ryan Foundation ($5,000), and the Ken Davis Foundation ($5,000).
IP will use $10,000 of the funds to support its Maven’s Milestones (MM) Reading Program. MM is an incentive-based reading achievement program that supports literacy for approximately 1,650 students at four Fort Worth ISD elementary schools.
The remaining funds will be used for general support and to sustain its additional education programs. The organization’s Scholarship Program awards $2,000 scholarships to graduating high school seniors. IP recently awarded 10 new scholarships in 2019, and since 2009 has awarded 77 scholarships to local students, totaling $140,000.
Texas Capital Bank is a commercial bank that delivers highly personalized financial services to businesses and entrepreneurs. Launched in December 1998, Texas Capital Bank has grown from a small, private company into one of the largest independent banks in Texas. Headquartered in Dallas, the bank has full-service locations in Austin, Dallas, Fort Worth, Houston and San Antonio.
The purpose of the AERO Club is to provide a way for Lockheed Martin employees to contribute through a single channel to recognized charitable, scientific, literary and educational organizations and agencies. With four main focus areas, the AERO Club concentrates on stabilizing families, improving community health, serving people with special needs and building local communities.
Founded by Ellison Miles in 1997, the Miles Foundation helps foster a thriving community through innovative investments in education, economic opportunity and leadership development.
The Ryan Foundation was founded by Helen McKee Ryan and her son, John P. Ryan in 1983. Helen Ryan was the widow of Thomas M. Ryan, a prominent businessman in Fort Worth. The mission of the foundation is to support a wide variety of public charities in the State of Texas, with an emphasis on Tarrant County and Fort Worth in the areas of health care, human and social services, education, children services, and the arts.
The mission of the Ken W. Davis Foundation is “to support those charities that directly provide for human welfare ranging from basic needs to quality of life improvement.”