An announcement was made by co-founder and President of Highland Capital Management in October, 2016. James Dondero announced that his firm had awarded Dallas’ leading organization that supports victims of family violence a $1 million challenge grant. This challenge grant was awarded to The Family Place in the hopes of raising the final $2.8 million for the organization’s Legacy Campaign.
The grant came through the philanthropic subsidy of Highland Capital Management, the Highland Dallas Foundation, Inc. The foundation plans on matching 50 percent of the funds raised during the Legacy Campaign, until April of 2017.
According to The Dallas Journal, since James Dondero’s announcement, the campaign has already raised more than $200,000 to go towards the campaign, being matched by $100,000 from the Highland Foundation’s grant. With the help of this grant, it is guaranteed that The Family Place’s campaign will finish strongly.
Dondero has faith that the civic community will get things done, especially when a call to action regarding life-threatening issues is called to action. He was impressed by the organization’s ability to create and execute their campaign in only one year. He and his firm are proud to invest in such a generous and thoughtful organization in the community.
This campaign by The Family Place will help support the construction of a new Counseling Center for victims of family violence. This new center will include a medical clinic, a hotline/call center, 13 emergency shelter bedrooms, counseling rooms, and spaces for job training. This center is projected to serve over 2,000 victims a year, providing critical support for them.
President of Highland Capital Management, James Dondero, has over three decades worth of experience in the financial industry, specializing in credits and equity. He founded his company in 1993, becoming a pioneer in developing the Collateralized Loan Obligation industry. Under his leadership, Highland Capital Management offers award winning services to a broad range of clients.
James Dondero is also a leader and Chairman of organizations like CCS Medical, Nexbank, and Cornerstone Healthcare. He sits on the board at organizations like MGM Studios and American Banknote as well. As an active philanthropist Dondero supports organizations that focus on veteran’s affairs, public policy, and education.