The co-Founder and President of Highland Capital Management, LP., James Dondero, announced that his company has awarded $1 million challenge grant to the nonprofit The Family Place. The Family Place is a organization in Dallas Texas that supports the victims of domestic abuse.
This grant is designed to help The Family Place reach their funding goal of the last $2.8 million needed for their Legacy Campaign. The challenge grant will match 50% of raised up to $1 million.
James Dondero said that he was inspired by Dallas Mayor Mike Rawlings and Dallas Police Chief David Brown to issue this challenge to meet a serious community problem. He regards his challenge as an excellent opportunity for community members to amplify the impact of their financial gifts to the organization.
The Legacy Campaign will provide funds to construct and operate a new Central Dallas Counseling Center. The facility will include 13 emergency shelter rooms, a medical and dental center, a call center, counseling rooms, as well as a space for job training for the victims of abuse.
James Dondero has 30 years of experience in credit and equity markets. In addition to his work with Highland Capital Management he also is the Chairman of CCS Medical, Nexbank, and Cornerstone Healthcare. He also serves as a Board Member for American Banknote and MGM Studios.
Dondero graduated with dual degrees in Accounting and Finance from the McIntire School of Commerce at the University of Virginia. He immediately went into the world of finance and has been steadily promoted to higher positions ever since.
According to The Dallas Journals, As a philanthropist James Dondero has donated millions to various Dallas charities. One of these is the Education is Freedom organization, which gives assistance to at-risk youth seeking college degrees.
This assistance comes in such forms as mentoring, financial, and providing internships at Dallas corporations and non-profits. Dondero is also involved with the Perrot Museum of Science. This museum is focused on teaching children in science, math, and technology through hands-on experiences. The museum has 11 permanent exhibits and includes space for traveling exhibits that alternate throughout the year.