Highland Capital Management‘s co-founder, James Dondero, recently announced that the company had given a $1 million grant challenge to assist The Family Place. The grant will help the organization that supports family violence victims in Dallas to raise the final $2.8 million for its Legacy Campaign.
According to the Dallas Links, James Dondero made the announcement during The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon that took place in Dallas’ Hilton Anatole.
The grant is administered via Highland’s philanthropic arm, Highland Dallas Foundation, Inc. The company will match by half of any funds raised up to a tune of $1 million for the Legacy Campaign until April 2017. Since the announcement was made, the organization has raised $200,000 toward the campaign. This amount will be matched with $100,000 from Highland’s grant.
James Dondero pointed out that Highland’s grant is a response to a call to action made by Mike Rawlings, the Dallas Mayor, and David Brown, Dallas’s Police chief. The two asked the community to assist in solving the family violence problem in Dallas.
James Dondero also noted that Highland’s management was impressed by how the organization had implemented the concept. He said that they were proud to contribute to such a campaign alongside other thoughtful members of the community.
This facility is meant for family violence victims and is named in honor of Ann Moody. The Ann Moody Place comprises of a centralized call center, dental clinic, medical clinic, and 13 emergency shelter rooms.
About James Dondero
James Dondero is the president of Highland Capital Management. Dondero has over 30 years of experience in the credit and equity markets. Under his leadership, Highland has grown steadily.
Currently, it has more than $19 billion in assets. Additionally, it offers award-winning products and innovative solutions for retail and institutional investors.
His career began as an analyst in 1984 at the Morgan Guaranty Training Program immediately after graduating from the University of Virginia. Dondero went on to work for American Express and GIC prior to creating Highland Capital Management. He is a Certified Management Accountant. In addition, Dondero is a Chartered Financial Analyst.