Highland Capital Management was awarded $1 million to aid in the funding of The Family Place. The Family Place works to assist family violence victims in the Dallas area. They plan on raising the additional $2.8 million in the coming six months so that they can reach their Legacy Campaign goal. The announcement came at the Hilton Anatole located in Dallas during the Texas Trailblazer Awards.
The grant is being handled by Highland Dallas Foundation is planning on matching half of donated funds up to one million dollars. This campaign will last until April 4, 2017.The Legacy Campaign has been able to raise $200,000 since the announcement. James Dondero, the grant was created after Mike Rawlings, Dallas’ mayor, made a call to action to help support community members that desperately need the assistance.
James Dondero founded Highland Capital in 1993 and was key in the creation of the Collateralised Loan Obligation. The company offers a variety of products and services from mutual funds to hedge funds. Dondero is also the Chairman of several other companies such as CCS Medical, Nexbank, and Cornerstone Healthcare. He is also on the board for MGM Studios and American Banknote.
After his graduation, he attended the McIntire School Of Business where he attained degrees in finance and accounting. James Dondero is also a CFA (chartered financial anaylst) and a CMA (certified management accountant).