Join The Discussion

 

T&P Warehouse: Historic building remains in limbo as area redevelops

For years, the historic T&P Warehouse on West Lancaster Avenue downtown, built in 1931 to house freight for the Texas Pacific Railway, has sat vacant and deteriorating.

read more >

Susan Halsey, Fort Worth attorney, business leader, dies

Susan Halsey, a Fort Worth attorney who was also a community and business leader, died on Friday, Dec. 19. Halsey, 55, was chairman for the Fort Worth Chamber of Commerce in 2013-2014, leading the chamber during a year

read more >

Heating up: West Lancaster corridor projects moving forward

West Lancaster Avenue through downtown Fort Worth is heating up, with planners envisioning a lively mixed-use corridor that extends the central business district further south.

read more >

Meridian Bank Texas parent acquired by UMB Financial for $182.5M

Kansas City, Mo.-based UMB Financial Corp., the parent company of UMB Bank, said Dec. 15 it has signed a definitive agreement to acquire Marquette Financial Companies in an all-stock transaction.

read more >

Cousins Properties to sell 777 Main tower in downtown Fort Worth

Cousins Properties Inc. has confirmed plans to sell the 777 Main office tower in downtown Fort Worth, according to a news release from the Atlanta-based real estate investment firm.

read more >

United Way approves $32 million budget

United Way approves $32 million annual budget
The board of directors of United Way of Tarrant County has approved a $32,081,992 budget for the 2014-2015 fiscal year in the areas of education, income and health.
About 64 percent of the budget comes from the agency’s workplace campaign, and about 35 percent is grant revenue.
A little more than $5.2 million will go to the fifth year of United Way’s Learn Well, Earn Well, Live Well initiatives that focus on improving the education, financial stability and healthy aging and independent living of Tarrant County residents. Dozens of partner organizations are involved in the multi-year initiatives, including social service agencies, school districts, universities, government entities and businesses.
More than $1.94 million will go to the Learn Well 10-year education initiative designed to enable 8,000 at-risk students to graduate from high school on time by 2020. Ninth graders are included for the first time this year.
United Way has marked $1.82 million to enable 24,000 low-income working families to reach financial stability through adult literacy classes, financial education, career training and free tax preparation centers.
The city of Fort Worth is a new Earn Well partner this year and will operate VITA (Volunteer Income Tax Assistance) centers in Fort Worth and Northeast Tarrant County.
The budget has allotted a little more than $1.48 million for United Way’s Live Well initiative to help 17,000 adults over age 35 who have chronic disabling conditions to be healthy at home. Among other services, family caregivers receive training on how to care for loved ones.
Also in the budget is $2.64 million for services for the homeless, which includes funds from the city of Fort Worth and state of Texas that United Way has been asked to administer locally.
At the direction of investors, $4 million will go to other United Ways and community agencies, including $95,658 from the United Way Women’s Fund for scholarships, services, programs and projects that benefit women and girls.
The United Way Veterans Fund will receive $423,384 for services for returning veterans. The fund was established in 2013 with $275,000 from Lockheed Martin and $25,000 from Bell Helicopter, who this year have donated $300,000 and $25,000, respectively.
Administration and fundraising expenses have a budgeted overhead of 11.51 percent, or $3,577,825.

Betty Dillard
bdillard@bizpress.net
 

< back

Email   email
hide
TCU/Baylor
Did the College Football Playoff Committee get it right?