Bringing Financial and Investment Expertise to Advance Community Impact
DALLAS – February 1, 2025 – Holland P. Gary, a respected financial leader and community advocate, has been appointed to the Board of Governors of The Dallas Foundation, the first community foundation in Texas. As Principal and Chief Financial Officer of Carleton Companies and the Founder and President of Salt River Capital, Gary brings over 25 years of expertise in private equity, real estate and venture capital to the organization.
“I am honored to join The Dallas Foundation’s Board of Governors and contribute to an organization that has shaped North Texas for nearly a century,” said Gary. “Through strategic investment and innovation, I look forward to helping drive meaningful impact for our community.”
With a strong track record in capital sourcing, deal structuring and investment management, Gary has played a pivotal role in shaping financial strategies for businesses and philanthropic initiatives alike. His leadership experience spans key positions at Aldus Equity, an affiliate of the RREEF division of Deutsche Bank and in developing early-stage companies and Fortune 500 technologies.
Beyond his corporate achievements, Gary is deeply committed to philanthropy and community development. He has served on the boards of The da Vinci School and Greenhill School and is a current Trustee of the Southwestern Medical Foundation and a board member of the Hoblitzelle Foundation. His appointment to The Dallas Foundation’s Board of Governors further underscores his dedication to strengthening Dallas through impactful philanthropy.
The Dallas Foundation, established in 1929, connects donors to causes that matter, fostering positive change across North Texas. As Dallas continues to grow, the expertise of leaders like Gary will be instrumental in advancing the Foundation’s mission and enhancing its community initiatives.
About Carleton Companies
Carleton Companies is a fully integrated owner, developer, and builder of high-quality multifamily assets across the South and Southwest United States. Since 1991, the firm has remained actively engaged in all aspects of the multifamily housing market, including development and construction, property management and financial services. For more information, visit carletoncompanies.com.
About Salt River Capital
Salt River Capital was founded in 2009 in Dallas, Texas. The firm pursued private equity multifamily financing opportunities primarily in Texas with an initial focus on new development and value-added transactions. The first transaction closed was in the DFW metroplex area with Carleton Companies, and in 2013, Salt River Capital was added to the Carleton Companies multifamily platform to focus on debt and equity financing for the Carleton platform. Since then, the firm has managed over $100 million in equity investment capital and over $500 million in total transactions. For more information, visit Salt River Capital.
About The Dallas Foundation
The Dallas Foundation, established as the first community foundation in Texas in 1929, brings together people, ideas, and investments in Greater Dallas so individuals and families can reach their full potential. Over the course of the Foundation’s history, it has granted over $1.2B to the full spectrum of community-centered causes. For more information, visit www.dallasfoundation.org, Facebook or Instagram.
