In a recent news release, James Dondero, the co-founder and the current president of Highland Capital Management announced of the $1 million challenge grant in aid of the Family place Dallas project.
James Dandero said that, the move is intended to psych up other organizations to chip in and assist the Family Place finish their $16 million campaign. The campaign is meant to build a place for the victims of family violence, abuse, and homeless.
The challenge will match the 50 percent of any contribution given by other organizations up to $1million.
The move by the Highland capital will make the remaining target of $2.8 million to be achieved fast for the project to commence as soon as possible. The project will house more than 2,000 victims who have suffered in the company of their spouses as well as the youngsters who have been forced into early marriages.
James Dondero announced this during The Family place’s 21st Annual Trailblazer Awards Luncheon held at Hilton hotel. The grant will be administered by the Highland Capital philanthropy arm registered under Highland Dallas Foundation.inc.
The Grant will enable more philanthropic organizations to respond to the call to action with the good will of making the Legacy Campaign a success.
If the Highland capital contributes the $1million, there will be only $1.8 million to end the campaign. According to Crunchbase, James Dondero called upon other organizations to stand with the Family Palace in their bid to make the world a better place.
James Dondero is a bachelor’s degree holder of accounting and finance from the University of Virginia with other certifications of certified public accountant, certified financial analyst, and certified management accountant.
After school, Dondero kicked off his career as an analyst in Morgan Guaranty Training program and then to a bond analyst at American express.
James Dondero is the current president of the Highland capital, a firm he co-founded together with other investors since 1993. To date, the firm has grown to be a big market force in the collateral loan obligation. With more than 30 years of experience in the field of credit and investing, Dondero has proved to be a Guru and an able leader.