$1.5M donation secures new alliance for disaster resilience in Houston

supporting the Bayou City's future

Enbridge and Phillips 66 have made a commitment to making sure Houston has the support it needs to be resilient. Photo via Getty Images

Disaster resilience and recovery efforts in the Houston area are getting a boost.

Thanks to a combined $1.5 million commitment from natural gas company Enbridge and energy company Phillips 66, the Greater Houston Community Foundation, and United Way of Greater Houston have formed the Greater Houston Disaster Alliance.

Enbridge and Phillips 66 are each donating $250,000 annually for three years to finance the alliance. The alliance says it will seek additional funding and partnership opportunities to help ensure the organization’s longevity.

The alliance aims to bolster year-round disaster preparedness in the region. It builds on a partnership worked out two years ago between the foundation and the United Way to coordinate philanthropic responses to Houston-area disasters.

The alliance hasn’t yet named a director. However, it already has begun searching for someone to fill the post, a process that could take several months.

Among the initiatives that the alliance will undertake are:

  • Solidifying infrastructure for directing community-wide philanthropic responses following disasters.
  • Pursuing partnerships with nonprofits to improve disaster relief..
  • Accelerating disaster fundraising and providing seed funding for ongoing resilience and recovery innovations.
  • Establishing a council of public and private leaders to mesh disaster resiliency and recovery strategies.

In the event of a major disaster, the alliance will form a separate leadership council to support fundraising.

“When it comes to disasters, it’s only a matter of time before the Houston region will be impacted again, and the Greater Houston Disaster Alliance gives us the opportunity to take a more proactive and effective approach to disaster recovery and resiliency,” Stephen Maislin, president and CEO of Greater Houston Community Foundation, says in a news release.

Every disaster in the Houston area highlights the struggles faced by residents who already were struggling to meet basic needs, according to Amanda McMillian, president and CEO of the United Way of Greater Houston.

“Recognizing the economic peril that many in our community face when disaster strikes compels us to develop the most effective and equitable social service response that we can now. That is why the work of the Greater Houston Disaster Alliance is so important,” says McMillian.

Houston is certainly no stranger to natural disasters. For example, Hurricane Harvey ranks among the worst U.S. natural catastrophes in the 21st century. The 2017 storm caused an estimated $125 billion in damage in Texas and Louisiana, damaged over 200,000 homes and led to more than 100 deaths.

“Harvey was a wake-up call to all of us who set a course for the city’s future,” Houston Mayor Sylvester Turner said in 2018.

A new tech tool is helping United Way of Greater Houston to connect nonprofits to those who need their services. Photo via Getty Images

Houston nonprofit upgrades social, financial services with new tech tool

fintech

A first-of-its-kind tech tool will help thousands of people in the Houston area get on their feet financially.

United Way of Greater Houston says the new Integrated Client Journey Technology Tool will eventually connect more than 100 nonprofits serving financially struggling households in the United Way’s four-county service area (Fort Bend, Harris, Montgomery, and Waller). Houston’s nonprofit Patient Care Intervention Center developed the cloud-based tool.

The tool is expected to launch in the fall of 2022.

A team of navigators will use the tool as they steer families and individuals toward financial stability. The tool will help navigators and clients identify and access services based on clients’ needs and goals. Among these services are workforce development, financial coaching, early childhood and youth development, and physical and behavioral healthcare.

According to United Way, 14 percent of Houston-area households live on incomes below the federal poverty line, and another 33 percent of working households don’t earn enough money to afford basic necessities.

“At United Way, we’re focused on connecting people with possibility,” Amanda McMillian, president and CEO of United Way of Greater Houston, says in a news release.

“When you’re working multiple jobs, caring for a family and living paycheck to paycheck, navigating the network of social service resources can be a daunting task,” she adds. “The goal of our technology tool is to dramatically improve access to these resources by making it easier for you to connect with the services you need, assisted by a skilled navigator who knows your goals.”

McMillian says United Way’s overarching vision for the tool is to connect all nonprofit service providers in the area in an effort to improve access for clients and enhance coordination among providers.

On a pro bono basis, Boston Consulting Group, which has an office in Houston, came up with the proof-of-concept version of the United Way tool.

Kettering, Ohio-based Reynolds and Reynolds, a developer of software for car dealerships, made the initial donation to help underwrite the tool. Reynolds and Reynolds has offices in Houston and College Station.

Help out your fellow Houstonian on this Day of Action on Friday, June 26. Getty Images

Houstonians can help their community amid COVID-19 on a virtual 'day of action'

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The renewed spread of COVID-19 and its adverse effects on individuals and communities has sparked a desire in many to give back. But just how to do so has been confounding in this era of social distancing.

To the rescue comes the United Way of Greater Houston, which is hosting a virtual "Day of Action" volunteer event to support those in need. Those who participate in the Friday, June 26, event can complete volunteer projects from the comfort of their home at little to no cost, according to a press release.

All participants will receive a project guide prior to the event with details for each project and can join a kickoff webinar on the morning of June 26.

Volunteer projects fall into the following categories:

Disaster response
Notes of encouragement for essential workers; hurricane preparedness kits; and care cards for seniors or families living in shelters.

Basic needs
Assembly of breakfast bags for homebound senior citizens or snack packs for students who rely on school resources for meals; activity kits to keep seniors engaged and busy while remaining isolated due to COVID-19.

Summer learning
Assembly of family game kits and summer activity kits to keep families and children beat boredom and stay mentally engaged during time off from school; donation of books and design of a printable bookmark for each donated book.

To view available projects and register, visit the Day of Action site.

When the projects are completed, participants are asked to deliver the finished item to a suggested nonprofit organization in their community by July 3.

"Now more than ever, families and individuals in our region need support as they face the unknown due to COVID-19," said Emily Faron, manager at United Way of Greater Houston, in a statement. "The Day of Action is a great way to not only give back to those in need, but understand what United way does year-round to support our community's most vulnerable."

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This article originally ran on CultureMap.

A new fund will pump more than $1 million into local organizations set to help those in need. Photo courtesy of Greater Houston Recovery Fund

New fund emerges to aid Houstonians in need amid coronavirus crisis

Good news

Two Houston nonprofits have joined forces for the betterment of struggling Houstonians during the coronavirus pandemic.

As the jobless rate in America soars to 3.28 million and some 800,000 Texans slam the Texas Workforce Commission's lines, United Way of Greater Houston and the Greater Houston Community Foundation have teamed up to establish the Greater Houston COVID-19 Recovery Fund to help those in critical need. All money raised will be used to help with immediate basic needs, according to a press release.

The Houston Endowment is making a lead gift of $1 million to the fund and pledged an additional challenge gift of $1 million, which will match $1 for every $4 dollars raised. Additional leading Houston organizations who have pledged gifts to the fund include: JP Morgan Chase - $100,000; Houston Texans Foundation - $100,000, and Wells Fargo Foundation - $150,000.

"Nearly half of the households in our Greater Houston area struggle daily to make ends meet and the sudden loss of work, wages and child care can be a devastating financial hardship," says Anna M. Babin, president and CEO of United Way of Greater Houston. "Our primary goal is to make sure the most vulnerable in our community affected by COVID-19 have access to food, health care, shelter and other basic necessities to sustain them in this crisis."

These monies will be funneled to services provided by trusted nonprofit partners who have proven experience and the systems in place to serve the community in times of disaster; citizens in need can then approach said agencies directly, according to a spokesperson for the United Way.

For more assistance, Houstonians can call 2-1-1, which provides the most updated information on assistance with utilities, housing or rental assistance, crisis counseling, access to senior services, and information on food pantries in the community.

The recovery fund has been endorsed by Harris County Judge Lina Hidalgo and Houston Mayor Sylvester Turner. It is co-chaired by Jamey Rootes, board chair, United Way of Greater Houston and president of the Houston Texans; and by Tony Chase, board member, Greater Houston Community Foundation and chairman and CEO of ChaseSource, LP.

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This article originally ran on CultureMap.

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Houston geothermal unicorn Fervo officially files for IPO

going public

Fervo Energy has officially filed for IPO.

The Houston-based geothermal unicorn filed a registration statement on Form S-1 with the U.S. Securities and Exchange Commission on April 17 to list its Class A common stock on the Nasdaq exchange. Fervo intends to be listed under the ticker symbol "FRVO."

The number and price of the shares have not yet been determined, according to a news release from Fervo. J.P. Morgan, BofA Securities, RBC Capital Markets and Barclays are leading the offering.

The highly anticipated filing comes as Fervo readies its flagship Cape Station geothermal project to deliver its first power later this year

"Today, miles-long lines for gasoline have been replaced by lines for electricity. Tech companies compete for megawatts to claim AI market share. Manufacturers jockey for power to strengthen American industry. Utilities demand clean, firm electricity to stabilize the grid," Fervo CEO Tim Latimer shared in the filing. "Fervo is prepared to serve all of these customers. Not with complex, idiosyncratic projects but with a simplified, standardized product capable of delivering around-the-clock, carbon-free power using proven oil and gas technology."

Fervo has been preparing to file for IPO for months. Axios Pro first reported that the company "quietly" filed for an IPO in January and estimated it would be valued between $2 billion and $3 billion.

Fervo also closed $421 million in non-recourse debt financing for the first phase of Cape Station last month and raised a $462 million Series E in December. The company also announced the addition of four heavyweights to its board of directors last week, including Meg Whitman, former CEO of eBay, Hewlett-Packard, and Spring-based HPE.

Fervo reported a net loss of $70.5 million for the 2025 fiscal year in the S-1 filing and a loss of $41.1 million in 2024.

Tracxn.com estimates that Fervo has raised $1.12 billion over 12 funding rounds. The company was founded in 2017 by Latimer and CTO Jack Norbeck.

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This article originally appeared on our sister site, EnergyCapitalHTX.com.

New UT Austin med center, anchored by MD Anderson, gets $1 billion gift

Future of Health

A donation announced Tuesday, April 21, breaks a major record at the University of Texas at Austin. Michael and Susan Dell are now UT Austin's first supporters to give $1 billion. In response, the university will create the UT Dell Campus for Advanced Research and the UT Dell Medical Center to "advance human health," per a press release.

The release also records "significant support" for undergraduate scholarships, student housing, and the Texas Advanced Computing Center for supercomputing research.

Both the new research campus and the UT Dell Medical Center will integrate advanced computing into their research and practices. At the medical center, the university hopes that will lead to "earlier detection, more precise and personalized care, and better health outcomes." The University of Texas MD Anderson Cancer Center will also be integrated into the new medical center.

That comes with a numeric goal measured in 10s: raise $10 billion and rank among the top 10 medical centers in the U.S., both in the next decade.

In the shorter term, the university will break ground on the medical center with architecture firm Skidmore, Owings & Merrill (SOM) "later this year."

“UT Austin, where Dell Technologies was founded from a dorm room, has always been a place where bold ideas become real-world impact,” said Michael and Susan Dell in a joint statement.

They continued, “What makes this moment so meaningful is the opportunity to build something that brings every part of the journey together — from how students learn, to how discoveries are made, to how care reaches families. By bringing together medicine, science and computing in one campus designed for the AI era, UT can create more opportunity, deliver better outcomes, and build a stronger future for communities across Texas and beyond.”

This is the second major gift this year for the planned multibillion-dollar medical center. In January, Tench Coxe, a former venture capitalist who’s a major shareholder in chipmaking giant Nvidia, and Simone Coxe, co-founder and former CEO of the Blanc & Otus PR firm, contributed $100 million$100 million.

Baylor scientist lands $2M grant to explore links between viruses and Alzheimer’s

Alzheimer’s research

A Baylor College of Medicine scientist will begin exploring the possible link between Alzheimer’s disease and viral infections thanks to a $2 million grant awarded in March.

Dr. Ryan S. Dhindsa is an assistant professor of pathology & immunology at Baylor and a principal investigator at Texas Children’s Duncan Neurological Research Institute (Duncan NRI). He hypothesizes that Alzheimer’s may have some link to previous viral infections contracted by the patient. To study this intriguing possibility, the American Brain Foundation has gifted him the Cure One, Cure Many award in neuroinflammation.

“It is an honor to receive this support from the Cure One, Cure Many Award. Viral infections are emerging as a major, underappreciated driver of Alzheimer's disease, and this award will allow our team to conduct the most comprehensive screen of viral exposures and host genetics in Alzheimer's to date, spanning over a million individuals,” Dhindsa said in a news release. “Our goal is to identify which viruses matter most, why some people are more vulnerable than others, and ultimately move the field closer to new therapeutic strategies for patients.”

Roughly 150 million people worldwide will suffer from Alzheimer’s by 2050, making it the most common cause of dementia in the world. Despite this, scientists are still at a loss as to what exactly causes it.

Dhindsa’s research is part of a new range of theories that certain viral infections may trigger Alzheimer’s. His team will take a two-fold approach. First, they will analyze the medical records of more than a million individuals looking for patterns. Second, they will analyze viral DNA in stem cell-derived brain cells to see how the infections could contribute to neurological decay. The scale of the genomic data gathering is unprecedented and may highlight a link that traditional studies have missed.

Also joining the project are Dr. Caleb Lareau of Memorial Sloan Kettering Cancer Center and Dr. Artem Babaian of the University of Toronto. Should a link be found, it would open the door to using anti-virals to prevent or treat Alzheimer’s.