According to Crunchbase, James Dondero announced that Highland Capital had set up a grant where they would match half of the funds raised to support The Family Place to the tune of $1 million last October. The announcement was made at the Annual Texas Trailblazer Awards of The Family Place that were held at the Hilton in Dallas, Texas.
The Family Place is an organization that supports people who are victims of violence in their families in Dallas. They have grown to become the leading organization supporting such victims in the area through their work ethic and support from the community. The challenge which would expire on April of 2017 came from the Highland Dallas Foundation that conducts all the philanthropic work of Highland Capital Management.
$2.8 million is what was left to reach the goal that was set for sixteen million dollars at the time of the announcement. The money was directed to the development of a counseling center in Dallas dedicated to serving the victims of family violence. Learn more about James Dandero: http://thedallasjournal.org/the-career-achievements-of-james-dondero/
The new center is projected to serve more than a thousand people each year. It will contain a clinic, an emergency shelter, and a call center. The shelter will help The Family Place to serve more victims since its current one is not sufficient to attend to all of them. Dondero is the President of Highland Capital. He said that they decided to step in because of the commitment that The Family Place had shown into making the project a reality.
James Dondero earned his Bachelor’s degree from the University of Virginia majoring in Accounting and Finance. He began working as an analyst at JP Morgan before joining American Express as a Corporate Bond Analyst. Dondero was later promoted to Portfolio Manager until he left the company in 1989.
He joined GIC and grew its assets to more than $2B in the span of four years. Dondero cofounded Highland Capital in 1993 with Mark Okada. Highland Capital is a world leader in Credit Management and Alternative Investments. Its assets amount to more than $15B. The company’s headquarters is in Dallas, Texas. They have expanded to various countries around the world including Brazil and Singapore.