Business Leader

The Family Place Receives $1 Million Challenge Grant From James Dondero

The Family Place is currently in the middle of a campaign to raise funds in support of victims of family violence in Dallas, Texas. This effort is being helped along by some local businesses that want to give back to their community.

James Dondero, co-founder and President of Highland Capital Management, made the announcement at the 21st Annual Texas Trailblazer Awards Luncheon, hosted by the Family Place. Highland Capital Management’s philanthropic arm extended a challenge grant, promising to match 50% of all funds the organization received in donations until April 4, 2017 up to the amount of $1 million.

Thanks to the efforts of businesses, organizations, and individuals in Dallas and elsewhere, the Family Place has received millions in donations, yet they’re $2.8 million shy of their goal. But Dondero is confident the Family Place will meet their goal, citing Dallas as a city that commits to philanthropic efforts that seek to protect the most vulnerable.

Donations made to the Family Place Legacy Campaign will go to the further construction of the Central Dallas Counseling Center, providing shelter and support for victims of family violence. At present, Ann Moody Place, currently offers 13 emergency bedrooms, medical facilities, and counseling for children and adults. The facility also provides job counseling and hotline communications for victims, allowing them the ability to continue their lives outside of the facility if the have the means available to do so.

The Legacy Campaign hopes to take the space, which provides space to reasonably accommodate 2,000 at the moment, and expand that to 6,000, complete with a child development center for students in Dallas.

About James Dondero:

With experience in equity markets and high-yield investments, Dondero eventually became a Corporate Bond Analyst and Portfolio Manager for American Express, then the Chief Investment Officer for Protective Life, managing over $2 billion in assets.

This time spent working for giants in finance gave Dondero the tools necessary to partner up with Mark Okada, and the two founded Highland Capital Management, where he remains involved in the firm’s operations as its President.

One Comment

  1. James Dondero has a career in finance that spans more than three decades. Highland Capital has done its part, and Dondero sees others coming in to do the same. It may not be out of place where essay writing services reviews has been able to get everything done under their sleeve and it means that they could do everything within their power to make it right too.

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