James Dondero, the president of Highlands Capital Management, on Friday, announced that his firm had awarded a $1 million challenge grant to the Family Place, a Dallas-based organization concerned with supporting victims of family violence.
This grant raises the final $2.8 million for its current legacy campaign over the next six months. The donation will be governed by Highland Dallas Foundation, Inc, one of the philanthropic arms of Highland Capital Management. The Legacy Campaign needs to raise $2.8 million in order to reach $16.5 million, which is their fundraising goal. The donation by James Dondero and his firm was a way to ensure that The Family Place finishes their Legacy Campaign strong and successful.
This is not the first time Mr. Dondero is involved in a philanthropic activity, through his firm, he has donated $2 million to Southern Methodist University’s Tower Scholars Program. He also established the Santa Barbara Foundation, an organization aimed at supporting county organizations that help with veterans care, child development, and education.
About Highland Capital Management L.P
As mentioned above, James Dondero is the president of Highlands Capital Management. The firm is SEC-registered and has approximately $17 billion of assets under management. It was founded by Mark Okada and James Dondero in 1993. Highland is among the largest experienced investment advisers in the world.
Some of its clients include fund of funds, foundations, public pension plans, financial institutions, foundations, corporations, high net-worth individuals and governments. The firm is headquartered Dallas, Texas but has offices in different places including New York, Seoul, Sao Paolo and Singapore.
About the Family Place
The Family Place is a Texas based family violence agency. It works to eliminate family violence through proactive prevention and intervention, creating community awareness and helping family violence victims as well as their families.
Since its inception in 1978, the agency has offered its services to more than 225,000 clients and sheltered approximately 22,000 children, women, and men. More than 20,000 batterers have also turned their lives around thanks to the firm’s help. Learn more about James Dandero: http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/
The firm’s Be Project educates approximately 6,000 students each year. The students are educated on bullying and teen dating violence prevention. All the programs by the agency are provided in two languages, English and Spanish.