The co-founder and president of Highland Capital Management, L.P., James Dondero, announced that the firm had given a $1 million challenge grant to The Family Place to help them reach their $2.8 million goal for its Legacy Campaign over the next six months. The Family Place is a leading organization in Dallas that supports family violence victims.
The Highland Dallas Foundation, Inc., is going to match fifty percent of any funds raised up to $1 million from now until April 4, 2017. The Family Place has raised an additional $200,000 towards the Legacy Campaign, which was matched with $100,000 because of Highland’s grant. According to Dondero, it’s a call to action by Mike Rawlings, the Dallas Mayor, and Dallas Police Chief, David Brown, to help ease this issue in Dallas.
The Family Place Legacy Campaign is a big supporter of the newly constructed Central Dallas Counseling Center for victims of family violence and has been named after Ann Moody. Designed by Corgan, a leading architecture firm, it has thirteen emergency shelter bedrooms, a dental and medical clinic, a hotline/call center, areas for job training, and private and group counseling rooms. It will serve more than 2,000 victims every year and will provide the critical emergency shelter needed since the Highland Dallas Foundation is already operating at capacity. Ann Moody Place will also house their Be Project.
James Dondero is the Co-Founder and President of Highland Capital Management and currently lives in Dallas, Texas. He has over thirty years of experience in equity and credit markets and is Chairman of Cornerstone Healthcare, CCS Medical, and Nexbank. He is also a board member of American Banknote and MGM Studios.
Dondero is a philanthropist and is a strong supporter of initiatives in healthcare, veteran’s affairs, and public policy. He served as Chief Investment Officer prior to HCM and helped the GIC subsidiary of Protective Life to expand. He was a Portfolio Manager and Corporate Bond Analyst at American Express and graduated from the University of Virginia with highest honors. He is a certified Management Accountant and holds the Chartered Financial Analyst designation.