Recently, James Dondero, the Co-Founder and CEO of Highland Capital Management announced that he has given a challenge grant of $1 million dollars to The Family Place, an organization that helps individuals recover from family violence. Helping more than 2,000 victims annually is a big job, and the organization not only provides shelter for victims, but they also provide food and other life-changing services to these individuals.
The Family Place ran what is known as the Legacy Campaign, and it was designed to raise funds over the next six months to champion the project of expanding their facility and their services as well. The challenge behind the grant would encourage additional donations and support from other businessmen and women with a 50 percent match on funds up to $1 million.
Since Dondero’s announcement, The Family Place has continued to raise funds, equaling a total of $200,000 toward their goal, so things are moving quickly. The fundraising goal is currently set at $16.5 million and going strong. This is all in response to what the Mayor of Dallas Mike Rawlings had to say on the matter of family violence within the city.
James Dondero founded Highland Capital Management in 1993, along with this partner Mark Okada. HCM was designed to assist individuals that have high net worth as well as to serve individuals, businesses, and government agencies around the globe. Dondero has always made it a point to be involved in philanthropic organizations, and his challenge grant for The Family Place is just one of his amazing efforts to improve the life of families in the city of Dallas.
Highland Capital Management is a prestigious firm, managing more than $16 billion in assets around the world, along with their affiliate offices. The firm supports local organizations like The Family Place through its own philanthropic arm, known as the Highland Dallas Foundation.
More information on James Dondero: