In a recent online article published on PRNewswire.com, Highland Capital Management offered a $1 million challenge grant to The Family Place in Dallas, TX. This nonprofit organization helps local victims of family violence.
For the last six months, it has tried to raise the last $2.8 million in their Legacy Campaign, says the article. James Dondero, co-founder and president of Highland Capital, made the generous announcement at an annual luncheon for the organization. It was held in October at the Hilton Anatole in Dallas, the article states.
Highland Capital has a department that administers its charitable donations, called the Highland Dallas Foundation, Inc. According to Dondero’s grant, Highland Capital will match any funds raised for The Family Place by 50%– up to $1 million. The grant will be good for the next six months, says the article.
So far, The Family Place has raised another $200,00 for their Legacy Campaign. Highland has matched it with $100,000. There is less than $3 million needed in the total fundraising goal of $16.5 million. With the help of Highland’s grant, The Family Place has a better chance of reaching their final goal, the article says. Learn more about James Dondero: https://www.nexbank.com/james-dondero.htm
Community leaders in Dallas such as Mayor Mike Rawlings and Police Chief David Brown made statements that encouraged the city to get involved in The Family Place’s cause. Family violence is a life-threatening issue, they said. In a quote from the article, Dondero praises the Dallas community for banding together to accomplish things.
James Dandero explains how impressed Highland Capital was with what The Family Place and its donors have accomplished in such a short time. Dondero expresses how proud his company is to work with other generous donors in the community.
The Legacy Campaign will help fund the construction and operations of a new counseling center in Dallas. It is named after Ann Moody, and will serve family violence victims, says the article. Things such as emergency shelter, a medical clinic, a call center, and private counseling rooms will be available in the new building. According to the article, it will serve more than 2,000 victims of family violence every year. It will also provide counseling and special classes for more than 6,000 students in the Dallas area.
James Dondero co-founded Highland Capital Management in 1993. He graduated with highest honors from the University of Virginia. He majored in Finance and Accounting in the McIntire School of Commerce. He is a Certified Management Accountant and a Chartered Financial Analyst.
According to PR Newswire, James Dondero has worked in the field of credit and equity markets. In addition to being President of Highland Capital Management, he sits on the board of several other institutions, including MGM Studios. Dondero is well-known for his philanthropy in Dallas and around the nation.
He donates time and money to worthy causes such as veterans’ affairs, education, and public policy. His work with The Family Place is the latest in his charitable efforts.