James Dondero’s Highland Capital Management (HCM) is running a $1 million challenge grant to boost The Family Place’s legacy campaign. Dondero made this announcement in early October during a luncheon hosted by The Family place. Dondero is the co-founder and president of HCM.
The challenge grant is the newest philanthropic cause that the financial expert is involved in. Previously, he financed various initiatives through Highland Dallas Foundation, HCM’s charitable arm. His donations have helped both families and students in Dallas.
This time round, Dondero is promising to match 50% of any funds raised by the charity organization to the tune of $1 million. This challenge seeks to encourage people and businesses in Dallas to participate in the Legacy campaign. The campaign, which is aimed at raising money to build a shelter for victims of family violence in Dallas, requires an additional $2.8 million to reach its target of $16.5 million. According to Dondero, the challenge will ensure that The Family Place finishes its fundraising campaign on a strong note.
Speaking during the luncheon hosted at the Hilton Anatole in Dallas, Texas, the HCM president encouraged more people to come out and help the charity organization to realize its vision. He further noted that the center would help every member of the community, as no one is immune to family violence. James asserted that contributing to the campaign would help Dallas residents to save the lives of such victims.
The funds will be used to construct and equip the Ann Moody Place. The center will have 13 emergency shelter bedrooms, centralized call center, a medical and dental clinic, and counseling rooms. There will also be multipurpose spaces where family violence victims can be trained on valuable income generating skills. Corgan, a leading architecture firm, designed the center.
About James Dondero
James Dondero is a financial expert. He has extensive experience in the credit and equity markets. James has provided transformative leadership to HCM since he co-founded the firm in 1993. Dondero’s leadership has seen the company grow from a small agency to an international corporation.
The University of Virginia graduate is the chairman of Cornerstone Healthcare, NexBank, and CCS Medical. Because of his previous successful undertakings with various companies, James has been appointed on the boards of different companies, including MGM Studios and American Banknote. Dondero is a Certified Management Accountant (CMA).