James Dondero, Highland Capital Management’s co-founder, and Chief Executive Officer announced during The Family Place’s Trailblazer Award that they had contributed $1 million to aid the humanitarian organization to raise the remaining $2.8 million to build a counseling center. The grant would be administered through Highland’s philanthropic arm, Highland Dallas Foundation.
Since October 4th, 2015, The Family Place had generated $200,000 towards its initiative. With a deficit of $2.8 million to reach the targeted $16.5 million, Mr. Dondero’s challenge grant will be instrumental in the success of The Family Place’s campaign. James Dondero noted that the $1 million donation answers a call to action by the Dallas community to assist in addressing life-threatening issues.
According to Dallas Foundation, James Dandero added that Highland Capital Management takes pride in investing alongside the Family Place as is a generous and thoughtful organization committed to improving the living standards of the Dallas people. Through enthusiastic philanthropic efforts, The Family Place has been supporting domestic violence victims throughout Dallas.
In addition to Mr. Dondero’s comment, Paige Flink, the Chief Executive Officer of The Family Place said that the campaign creates an opportunity for anyone wishing to support life-changing initiatives to domestic violence victims.
The Family Place
Just recently, the humanitarian organization has launched a campaign geared towards supporting the construction and functions of an emergency shelter for domestic violence victims. The facility will be named in honor of Ann Moody. Learn more about James Dondero: http://www.businesswire.com/news/home/20160608006430/en/James-Dondero-Teams-Dallas-Civic-Leader-Linda
It contains a health center, a call center, emergency shelter rooms, and a counseling room for victims of family conflicts. Ann Moody will serve over 2,000 victims of domestic violence yearly since the existing emergency shelter operates at capacity.
About Highland Capital Management
Highland was established in 1993 by Dondero and Okada. It is an SEC-registered investment advisor managing over $16 billion of assets. Highland ranks among the world’s leading and most prestigious alternative credit management companies.
Its client base comprises of pension plans, governments, financial institutions, corporations, and individuals. Over the years, Highland Capital Management invests in community work through Highland Dallas Foundation, its philanthropic division. Since inception in 1993, the firm has built an excellent reputation as a reliable investment advisor.