Highland Capital Management is an investment services company founded by James Dondero and Mark Okada in 1993. James is still the President of the organization that caters to a range of investors and provides generous charitable donations consistently. James Dondero received his education from the University of Virginia and has over three decades of experience in the financial services and equity market industry. He has worked for several small and large corporations including JP Morgan, American Express and Protective Life. This exposure to different walks of life made James into a philanthropist and more caring individual. This is where he learned the importance of giving back and donating to various charitable causes. James’s strives to support his local Dallas community with various donations, growing local businesses and helping to create more jobs in the Dallas-Fort worth area. Highland Capital currently manages over $16 billion in assets and is one of the largest credit managers in the world. Follow James on Linkedin.
— Highland Capital (@HighlandCapMgmt) October 5, 2017
One such cause is The Family Place, which is the largest charitable organization that supports those affected by domestic violence in Texas. The Family Place was founded in 1978 and has since helped more than 200,000 individuals suffering from family violence. In 2016, The Family Place started a campaign called the Legacy Campaign to raise $16.5 million to grow and support its efforts. James Dondero and Highland Capital Management immediately stepped in to help its local charity.
Highland Capital Management’s continuous philanthropic actions led to the formation of Highland Dallas Foundation, Inc. an entire division of Highland Capital dedicated to charitable causes. Through this philanthropic division it began the $1 million challenge grant. The grant states that Highland Dallas Foundation will match 50% of donations given to The Family Place up to $1 million for example, if someone donates $100,000, Highland will donate an additional $50,000 towards to campaign. This will ensure The Family Place achieves its goal and continues its important duties to the community.
The $1 million challenge grant will help The Family Place construct a new building that will shelter victims of domestic violence. James Dondero’s touching words at The Family Place’s 21st Annual Texas Trailblazer Awards inspired many to donate to the Legacy Campaign that went from conception to reality in under a year. Read this article at barrons.com.