James Dondero made an appearance at the Texas Trailblazer Awards Luncheon Banquet last week. During this appearance, Dondero announced that his investment firm, Highland Capital Management, would be providing a $1 million challenge grant to The Family Place. The charitable organization helps victims of domestic violence in the Dallas area. The donation is what is known as a challenge grant. The firm will match the donations from any other entity at up to 50%. They are going to match donations up to the amount of $1 million. The challenge is an attempt to motivate philanthropists in Dallas to donate. The long-term goal is for the Family Place’s legacy campaign to reach their six-month goal of $2.8 million.
The grant is doing its job so far. The Legacy Campaign received an additional $200,000 in funding in just the first three days after Dondero made the announcement. The campaign seeks these funds to help them build a 13-room shelter. The Family Place also plans to build free dental and medical clinics in Dallas for victims of domestic abuse.
James Dondero has 3 decades of experience working in investing. He has spent most of this time working in markets revolving around credit. He is currently the President and CEO of Highland Capital Management, a company that he co-founded. Highland Capital has been in existence since 1993 and provides clients with just about any financial product available.
Mr. Dondero graduated with degrees in Accounting and Finance from the University of Virginia. He graduated with high honors. Since then, the financier has worked in various capacities for a litany of different financial companies. In 1993, after years working for other people, he decided to go out on his own and start Highland Capital. Dondero also serves on the board of many different businesses and charities. His most notable position is board member at MGM studios.