Santander Consumer USA contributing to communities with Round 3 grantees

At Santander Consumer USA, we are grateful to have customers we believe are the best in the world, and we are proud to give to the communities in which we operate in ways that are relevant and carefully considered.

As we wrap up 2023 and start looking forward to a new year, the latest list of grantees receiving support from Santander Consumer USA Inc. Foundation was recently announced.

One of the organizations we have the privilege of supporting is The Senior Source. The nonprofit was founded in Dallas in 1961 and has a goal of championing older adults through resources and programs including financial and long-term care guidance. The Senior Source seeks to “empower active seniors to live with purpose and protect vulnerable older adults and ensure that financial and emotional well-being is achievable.” The organization currently serves over 24,000 seniors per year.

The Foundation’s funding for The Senior Source will support the Elder Financial Safety Money Management program, which will increase financial well-being and decrease client stress from financial emergencies.

The Senior Source headquarters building in Dallas.
The Senior Source headquarters in Dallas, Texas.

“The generous support from Santander ensures that many older adults are able to live independently, while knowing they have supportive and caring volunteers looking out for their financial wellness and safety,” said The Senior Source President and CEO Stacey Malcolmson.

Another Round 3 Foundation grant recipient is Builders of Hope. Based in Dallas, Texas, Builders of Hope seeks to transform Dallas’ urban areas by providing affordable and workforce housing and pre-homebuyer financial coaching. The grant from the Foundation relates to the philanthropic pillars of Economic Mobility and Financial Inclusion.

“The Hope for Homeownership Center aims to address generational disparities of wealth that exist in black and brown communities through financial coaching and pre-homebuyer education,” said James Armstrong, President and CEO of Builders of Hope. “Homeownership continues to be a driver of economic mobility and stability in our country, but access to quality affordable housing seems to be out of reach for many low to moderate income earners. In Dallas, the correlation between lack of financial education and wealth garnered and homeownership rates is alarming and speaks to the need of a robust financial counseling and pre-homebuyer education program that specifically targets areas where poverty is prevalent.”

Builders of Hope house
A Builders of Hope client in front of her new home.

Foundation funding will support the Red Bird Economic Mobility Center, which will include housing and financial counseling with the intent to increase homeownership 10% in the Red Bird area of South Dallas, as well as continued support for the West Dallas Homebuyer support center.

“Because of the Santander Foundation’s generous support, savings amongst program participants has increased by $750, and economic mobility is on the rise in Southern Dallas,” Armstrong said.

At Santander Consumer USA, it’s been an impactful year, with the company reaching our communities through employees using more than 18,500 Volunteer Paid Time Off (VPTO) hours during events throughout 2023.

The following organizations also are part of recent Round 3 2023 recipients.

Dallas Black Dance Theatre (Texas) Funding will support renewal of Black History Month programming which includes student experiences.

Dallas Holocaust and Human Rights Museum (Texas) Funding will support family and youth programming and field trips for underserved students.

Dallas Hope Charities (Texas) Funding supports the LGBT-focused youth homeless shelter in Dallas and provides a safe and welcoming environment to grow.

Empowering the Masses (Texas) Funding will support three freezers for the new food pantry location and laptops and hot spots for 60 students in phlebotomy and/or community health worker certification classes.

First Tee (Texas) Funding will support the First Tee Southeast Dallas learning center and associated programming to keep students in school and excel in life.

Innocence Project (National) Funding will support a Texas attorney to address legal issues and specifically legal issues for the wrongly accused.

Impact Ventures (Texas) Funding will support the Impact Ventures accelerator program by helping 60 women and Black, Indigenous and People of Color (BIPOC) owned small businesses with education, mentorship, technical assistance and access to capital.

North Texas Food Bank (Texas) Funding will support renewal of the North Texas fleet grant. Fleet funding allows the food bank to cover the high budget line item to transport food to the region. The organization provides 375,000 meals each day for children, seniors and families facing hunger through a network of more than 400 partnering community organizations. They do this across 13 counties throughout a 10,000-square-mile service area with 14 full-time drivers managing a fleet of eight box trucks and 11 semi-trailers.

Quality of Life Foundation (Texas) Funding will support renewal of the Quality of Life grant for the economic development and well-being of citizens of the Dallas region.

United Food Bank (Arizona) Funding will support renewal of the fleet fuel cost grant.

UTA (Texas) Renewal of support for the UTA Rise program.

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