James Dondero has made the bold step of awarding a $ 1 million donation to the Family Place, a prominent institution that offers guidance and counseling to victims of domestic violence. As co-founder and CEO of Highland Capital Management, James Dandero has deemed it necessary to aid such individuals while going through a difficult period.
Announced in Oct 2016 at the Annual Texas Awards Luncheon, the donation is expected to supplement the $ 2.8 million deficit for the Legacy Campaign within the next six months.
Highland Capital has also offered to match fifty percent of any revenues raised by external investors till April 4, 2017. Such funds will be disbursed through the Highland Dallas Foundation, the company’s philanthropic branch.
Since the October announcement, the Family Place has managed to raise an extra $200,000 to the Legacy Campaign which will be topped up by an additional $ 100,000 from Highland Capital Management.
By financing the $ 2.8 million deficit, the Campaign is guaranteed to meet its $ 16.5 million targets and achieve its goals and objectives. Dondero has also lauded the contributions of the civic community in achieving set goals and objectives.
Within a year, the Family Place has managed to implement their targets from inception to the final phase of the campaign. Such dedication has significantly raised their recognition and contributed to the formation of a partnership with Highland Capital Management.
With millions of dollars at their disposal, the Legacy Campaign has begun the construction phase of a modern Dallas Counselling Facility for victims. Named in honor of Ann Moody and designed by Corgan, a prominent architectural firm, the institution houses 13 bedrooms, several private and group counseling rooms, a medical facility and a call center. Additionally, it also contains an opulent space for job training. Learn more about James Dandero: http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/
Profile of Highland Capital Management
The Dallas-based investment firm focuses on providing investment advice to a diverse range of clients that includes corporations, governments, high-net-worth individuals and banks.
Formed by Mark Okada and James Dondero in 1993, the firm has grown into the largest credit institution with billions of assets under its keen management.