James Dondero, President and Co-founder of Highland Capital Management shows compassion to Dallas communities by committing to philanthropic efforts. He’s a long-term supporter of the initiatives in the city involving education, housing, healthcare, and family violence. On October 4th of this year, he announced the investment firm awarded $1 million in a challenge grant to help The Family Place Legacy Campaign raise $2.8 million. Mr. Dondero made the announcement during the 21st Annual Texas Trailblazer Awards Luncheon held in Dallas, TX at the Hilton Anatole.
The Family Place has successfully raised $13.7 million of the campaign’s goal of $16.5 million. James Dondero and Highland Capital is ensuring the non-profit raises the remaining balance of $2.8 million to complete the campaign challenge. Highland Dallas Foundation administers all of the firm’s financial contributions and obligations to many community focused organizations, including The Family Place. The foundation has already committed to donating $100,000 that match a $200,000 contribution provided by a donor. Highland Dallas is responsible for administering the $1 million grant and to match funds at 50 percent of each donation given between October 2016 and April of next year.
The $16.5 million is funding the construction and operations of the Ann Moody Place, which will include emergency bedrooms, counselling rooms, clinic, hotline center, and job training rooms. Its facility is expected to serve over 2,000 victims each year and contain an onsite child development center and animal shelter. The Family Place Campaign is thankful to have Highland Capital Management and Mr. Dondero support the new Central Dallas Counseling Center. Highland is overjoyed and enthusiastic about the great success of legacy campaign’s initiatives to help families rebuild their lives.
James Dondero has years of expertise as an investment advisor, a businessman, hedge fund manager, capitalist, and philanthropist. Highland Capital donates more than $3 million on an annual basis to multiple charitable organizations in Dallas communities through the Dallas Foundation. Highland Dallas Foundation Inc. was established while Mr. Dondero was working with Dallas Foundation’s CEO and President, Mary Jalonick. The official announcement of Highland Capital Management awarding the $1 million challenge grant was released in October 2016, in a PR Newswire press release.