It was established in 1952 as the G. B. Dealey Foundation in honor of Belo’s longtime majority owner and founder of The Dallas Morning News; later it was renamed the A. H. Belo Corporation Foundation and then, simply, The Belo Foundation. During The Belo Foundation’s 50 years of philanthropic efforts, it has awarded more than $20 million in grants.
– The Foundation is funded by an endowment created by Belo and governed by five trustees who are current or former Company officers.
– The Foundation supports charitable organizations focusing on its areas of interest in the cities where Belo has companies.
Areas of Interest
The Foundation concentrates its financial support on two areas of longtime interest to the Company’s founders and management:
– Urban public parks and green spaces
– College-level journalism education