Co-founder and President of Highland Capital Management, L.P., James Dondero, has recently announced that he and his firm will be awarding a $1 million challenge grant to The Family Place. He made this gracious announcement at The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon. The Family Place is one of Dallas’ leading organizations that support the victims of family violence. This donation raises the final $2.8 million for its current campaign for the six months.
The grant with be administered via Highland Dallas Foundation, Inc. They are one of the largest philanthropic arms of Highland Capital Management. The grant will match 50% of any and all funds raised for the campaign up to $1 million. The capital campaign will continue until April 4, 2017. Since James made the announcement, an additional $200,000 has been raised by The Family Place. They Legacy Campaign will be receiving an additional $100,000 as pre-agreed upon thanks to the Highland Capital Management grant. This prestigious campaign needs to raise $2.8 million to reach the fundraising goal of $16.5 million. James and Highland’s grant money was a personal way to ensure that The Family Place finishes their campaign strong and successful.
James Dondero co-founded Highland Capital Management and is the current president. With the help of his brilliant team, the company offers an immense variety of award-winning products and solutions for institutional and retail investors. Thanks to James’ 30-plus years in the credit and equity markets, his company has soared to the top of the industry. It is estimated that Highland Capital Management has about $19 billion in assets under their management. Some of their more notable affiliates would be companies like Acis Capital Management, NexPoint Advisors, NewPoint Capital, and NexPoint Residential Trust.
Dondero is also Chairman of several different companies. He’s also on the board of several of those same companies. James is a very well diversified individual. He’s even a member of Amercian Banknote and MGM Studios. As hardworking as he is, he’s also quite the philanthropist. He supports numerous charities of all types.
This article recapped http://www.prnewswire.com/news-releases/james-dondero-announces-1-million-challenge-grant-from-highland-capital-management-to-finish-the-family-places-165-million-capital-campaign-300341376.html