This year, James Dondero, Founder and CEO Of Highland Capital Management gave what is known as a “challenge grant” to The Family Place, an organization that helps victims of family violence. The Dallas organization received $1 million dollars to help them reach their goal of $16.5 million to complete their most recent campaign known as the Legacy Campaign. The organization was in need of the final $2.8 million needed by April 2017 to finalize the details of their expansion. Learn more about James Dandero: http://www.jamesdonderohycredit.com
This announcement was made by Dondero himself on October 4th, at an annual luncheon held by The Family Place. The grant comes to The Family Place through the arm of Highland Dallas Foundation Inc., the arm of HCM that focuses on giving to charitable organizations.
According to Inside Monkey, James Dondero announced that they would match 50 percent of funds up to $1 million dollar until the deadline on April 2017. Since October 4th, the organization has been able to raise an extra $200,000 for the campaign, and that will be matched with $100,000 from the challenge grant from Dondero’s organization.
The grant is a great way to help the campaign end on the high note as they continue in their endeavor. There are two individuals that have been instrumental in helping this campaign go further. Mayor Mike Rawlings and Chief of Police David Brown are both interested in helping the community turn things around and dial down the violence on in an attempt to help families grow strong.
Dondero was confident in furthering this campaign because he feels that the civic community of Dallas works hard to accomplish great things together.
James Dandero shared that the campaign was directed strong and that The Family Place did a great job at taking the initial idea and building a successful campaign with it. Dondero said, “We are proud to invest alongside many of the most generous and thoughtful in the community.”
Highland Capital Management was founded by Dondero in 1993 along with his partner Mark Okada. With nearly $6 billion in assets under management, HCM is one of the most successful asset management companies in the country.