James Dondero has announced a $1 million challenge grant. The announcement was made during The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon. This means that the co-founder and president of Highland Capital Management will set aside $1 million to donate towards the charity organization’s Legacy Campaign.
The grant will help The Family Place to reach its target of $16.5 million for the construction of a shelter for the victims of family violence. The grant, which will be managed by Highland Capital’s Highland Dallas Foundation Inc. will match 50 percent of any amount contributed to the Legacy Challenge by other donors. This money raised will enable The Family Place to complete the campaign successfully. Highland Dallas Foundation is Highland Capital’s philanthropic arm.
According to Dondero, the grant challenge is his answer to the recent calls by Dallas leaders for the Dallas community to chip in and help in addressing the issue of family violence. Some of the leaders who are committed towards enhancing the campaign are the city’s mayor, Mike Rawling, and the police chief, David Brown.
Speaking about the Legacy Campaign, James encouraged the community to support the campaign. He added that his company was impressed by The Family Place’s efforts to ensure the success of the initiative. James said that he was optimistic that with the support of the Dallas community, the remaining amount would be raised.
Funds from the Family Place’s Legacy Campaign will be used to support the construction and operation of the Ann Moody place. Corgan will design the new Central Dallas Counselling Center. The facility is expected to have a medical and dental clinic, 13 emergency shelter bedrooms, multiple private and group counseling rooms, a call center, and job-training spaces. The Family Place expects the building to serve over 2,000 victims of family violence annually. It will also house the Be Project, a campaign against bullying and teen dating violence.
About James Dondero
James Dondero is a financial expert, entrepreneur, and philanthropist. The credit and equity market expert has over 30 years of experience in the field. James is regarded as the pioneer of Collateralized Loan Obligation (CLO). Under his visionary leadership, Highland Capital Management has been able to develop innovative products and services that satisfies the clients’ utility.
The entrepreneur holds an accounting and finance degree from the University of Virginia. He is a chartered financial analyst. James is also a certified public accountant. Owing to his vast experience and knowledge, the shrewd entrepreneur has been appointed to the boards of CCS Medical, Cornerstone Healthcare, and NexBank.