Generosity of James Dondero

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

Dallas Budget and Bond Issuance at a Crossroads

Plans for a new bond vote in Dallas is setting off many different partisan groups concerned with how the 2017 bond issuance will be spent.

Poor funding for police pension plans in Dallas is setting off concerns regarding the plans as well as financial prudence and taxes among both government officials and citizens.

The current estimates for the shortfalls vary widely, but it is believed that the current shortfall for the pension funding for the Police and Fire departments in Dallas Texas is between three and seven billion dollars; a staggering sum.

The Pension board of the city is looking for the city of Dallas to contribute millions of dollars to make up for the shortfall of funds. A quote by A.C. Gonzalez, a Dallas City Manager, indicated that the options are limited to the City borrowing money to contribute, using money from the city’s general fund, or putting into place a tax hike to cover the gap in financing. Few appear to support his suggestions and instead delays in votes for bond issuance have been put in place.

Much of the concerns surround what the city believed to be needed critical repairs, such as those of potholes in the city which require over $100 million to repair, in addition to another $400 million for street improvements. In addition, Dallas has approximately $3.6 billion in planned repairs and maintenance to the city. Some city councilors are trying to make the latest bond issuance about just streets and roads whose transportation will help to clear up many issuance and allow for growth in a city that has been hampered by poor transportation.

Other projects that the city may support are new libraries and parks that residents have been requesting, though many are doubtful that these will be approved given the more pressing concerns. In addition, many citizens are concerned that the debt burden for the city of Dallas has grown too high and they future citizens will suffer for the financial problems that the city is currently dealing with, though advocates for the spending are predicting growth developing from the spending.

Slim Chicken Franchise Spreading Across Texas

The Dallas area is in for a special treat as one of the best chicken sandwich food chains is opening up more locations. Many citizens of Dallas have been complaining that there is only one Slim Chickens open. That location is in Fort Worth.

The Arkansas-based food chain has been well known for its fresh chicken products. People of all ages love them. Some travel from out-of-state to try the chicken.

This year, the food chain is making up for all the time without more Slim Chickens open by rolling out nearly a dozen more locations in Texas in the near future. There will be at least six open this year and two more early next year. Now customers won’t have to drive nearly as far to get some of that good chicken.

The planned growth is about to pass many other regions around the United States. Slim Chickens is famous for its chicken tenders, chicken sandwich, salads, and the very popular chicken and waffles. Chicken and waffles has seemed to grab lots of attention around the United States. Many states have several chains that serve the famous chicken and waffles dish. Americans love the combination.

The environment that the Slim Chickens are running on is a southern feeling, soothing blues feel, and fresh chicken and sauce to keep the customers happy and wanting more. It is hard to find fresh chicken like the ones Slim Chicken provides.

All ingredients are fresh and made to order. Customers can choose from healthier salads, fried chicken, or grilled chicken. The lettuce used on the sandwich is fresh and of great quality. The buns are new and not moldy or hard. Chewy, warm bread makes the best combination with warm chicken.

The franchise should continue to grow year after year opening up more locations in Texas and possibly more around other parts of the United States. The southern states would love this establishment. As of right now cities such as Plano, Frisco, Irving, Dallas, Fort Worth, and Hurst are all places that are guaranteed to host a Slim Chicken. Other surrounding cities should see an establishment open up soon.

Source: Slim Chicken in Dallas

Current Events in the Dallas Area

Dallas is one of the largest cities in the Southwestern United States. With over one million people, There is always something interesting happening in this bustling city. Below some of the largest stories are discussed and recapped.

1. Ezekiel Elliot, Dallas Cowboys Running Back

The former Ohio State Running Back has quickly made the transition from college to NFL. Handling what is typically a tough transition with aplomb, the Cowboys appeared to be doomed after losing Tony Romo for an extended period of time once again; however, Ezekiel Elliot has kept hope for America’s team, rushing for 134 yards and two touchdowns in the first two games against division rivals the Washington Redskins and the New York Giants. Ezekiel Elliot has had his growing pains as well, struggling to hold on to the football with two fumbles. With an upcoming game against the hapless, downward spiral that are the Chicago Bears, Ezekiel Elliot is due for another star performance. Those with Elliot on their fantasy rosters should be very happy with the performance so far and excited for what’s to come.

2. Texas Live, the new Rangers theme park

For months, the entire population has been sitting on pins and needles for the details of Texas Live. The massive project will include amenities such as a concert stage, massive TV screens, and a ribbon video board. This large theme park will also host over 250 events and various projects throughout the year. Named Arlington Backyard, the project is scheduled to be completed and ready opening day of the 2018 Major League Baseball season. Without a doubt, the entire city is looking forward to seeing what this venue will have to offer!

3. Mark Cuban’s Lemonade Stand a Massive Success

Mark Cuban, the outspoken but popular owner of the Dallas Mavericks, opened a group of lemonade stands all over the city. The change jars and delicious drink raised over $10 million for various charity organizations around the city. In a time of need, Mark Cuban stepped up when his city needed hope and delivered much needed aid to some of the Dallas area’s finest community servants.

North Texas Giving Day Helps Area Charities

This Thursday, on September 22nd, a major fundraising day for local charities in North Texas will take place. The event is known as North Texas giving day. It was created in 2009 by a group called the Communities Foundation of Texas. The organization is based in Dallas, Texas and has a 63 year old history of helping Texas charities.

Here are some figures to give you an idea of how much money and how many people benefit from North Texas giving day. In its inaugural year the event raised a total of four million dollars. A total of 6,500 donations were made that year and 345 charities benefited. 2010, saw five million dollars raised from 7,900 charitable donations. Over 456 local charities benefited.

In 2011, there was a big increase in the amount of money raised. 10.7 million dollars was raised that year. The number of donations was about 13.5 thousand and 616 non profits were the recipients of the funds. 2012, once again saw the number of funds raised increase to $14.4 million dollars. The number of gifts almost tripled at 37.8 thousand in total. That year 927 not for profit organizations benefited.

North Texas Giving Day continues to raise more and more money with each successive year. The number of gifts and the number of beneficiaries also continues to rise. In 2015, there was over 2,022 charities that benefited from the event somehow. A total of $33 million dollars was raised last year. That number is only for a single day. It seems that Texans love to support their local non profits and charities.

The charitable day of giving begins on 6 A.M and ends on midnight on Thursday. There will be events hold throughout North Texas. You will find donation stations where you can make a contribution to over a thousand different charities. Some of the places where you will find activities and entertainment include Forth Worth, Dallas, McKinney and Arlington. Expect to see live shows and music concerts. Think you might end up hungry? There will be plenty of food trucks to satisfy your appetite with BBQ and ethnic cuisine.