James Dondero, co-founder of Dallas, Texas based Highland Capital Management, made a huge announcement this past fall. His company will be awarding a $1 million challenge grant to The Family Place, a Dallas organization that supports victims of family violence. The grant is to help The Family Place raise the last $2.8 million they need to reach their financial goal for their Legacy Campaign.
James Dondero is a Dallas local who jumped on the opportunity to answer the call to action given by the Dallas mayor Mike Rawlings and Dallas Police Chief David Brown to help solve a life changing issue in the city. The Legacy Campaign has a goal to raise enough funds to cover the cost of the construction and operations of a new Central Dallas Counseling Center for victims of family violence.
The building will be named after Ann Moody and will include 13 emergency shelter bedrooms, a dental clinic, a medical clinic, a call center, and numerous private and group counseling rooms as well as job training spaces.
It will have the ability to serve over 2,000 victims each year, something desperately needed as the current location operates at full capacity all the time. Dondero and his company are ready to meet the donations of anyone or any group up to $1 million dollars in order to help raise the last of the funds needed to complete the campaign.
James Dondero has over 30 years of experience in the equity and credit markets. He has spent most of his career focusing on high-yield or distressed investing. He graduated from the University of Virginia with high honors and then from the McIntire School of Commerce with a dual major in both finance and accounting.
Dondero went on to work for Morgan Guaranty, American Express, and Protective Life before creating Highland Capital Management. He is also the Chairman of Cornerstone Healthcare, CCS Medical and Nexbank as well as a board member for American Banknote and MGM Studios.