A $1 million dollar challenge grant has been set up by James Dondero and the Highland Capital Management Firm in an effort to help the Family Place finish out their Legacy Campaign with a strong push. The Family Place is a philanthropic organization with a mission to support those who suffer from family violence.
The aim of their Legacy Campaign is to raise $16.5 million which will go towards the completion and functioning of a Counseling Center in Central Dallas that will focus on aiding those victims afflicted by domestic violence.
The challenge grant made by Highland Capital Management will match 50% of any donations made to the Legacy Campaign up until April 4, 2017. It was at the Family Place’s 21st Annual Texas Trailblazer’s Award Luncheon during which the announcement was made. Since then, Highland Capital Management has matched $100,000 of the $200,000 that has been raised.
In a PR Newswire article, James Dondero, president and co founder of Highland Capital Management, said that a call-to-action from the Dallas Police Chief and Mayor to help support the project was the impetus for making the challenge grant.
This donation is not out of character for James Dondero who has always been actively involved in philanthropic endeavors alongside with his successful career in business.
More specifically, Dondero donates much time and resources to affair’s affecting veterans, education initiatives as well as local, public projects like the Family Place. In fact, through his company, Dondero has established Highland Dallas Foundation, Inc. which is the philanthropic branch of Highland Capital.
Before James Dandero very successful career in credit markets and the creation of Highland Capital, Dondero studied at the University of Virginia from which he graduated with high honors. He furthered his education at the McIntire School of Commerce with a dual major of Finance and Accounting.
Dondero actually began his professional career working for American Express as a Portfolio Manager and Corporate Bond Analysis. Through the rest of his career, Dondero gained years of experience and expertise that would eventually qualify him to open up the doors of his very own firm by the name of Highland Capital Management.