James Dondero Donates $1 Million to Finish The Family Place

James Dondero has recently announced that his firm, Highland Capital Management, will be donating in support of victims of domestic violence, contributing to the construction of the Family Place in Dallas, Texas. Though the firm’s charitable arm, the Highland Dallas Foundation, Dondero has pledged to match 50% of all donations up to $1 million pledged to the charity until April 4, 2017.

 

The Family Place has steadily increased its funding since opening up its campaign last October. James Dondero, one of the larger contributors to the pledge, has said that many are motivated by Mayor Mike Rawlings and Police Chief David Brown who have called for citizens of Dallas to help limit the spread of domestic violence in the city. Highland Capital Management wants to be at the forefront of that effort, and the Family Place seems like the right place to do it.

 

With this charitable drive, the Family Place will make new construction that will erect a new Central Dallas Counseling Center named after Ann Moody, a well-known victim of domestic violence in the city of Dallas. The Ann Moody Place will provide new bedrooms to provide shelter to victims, provide medical facilities, a manned hotline call center, group counseling for adults and children, and job training. When completed, the new space will be able to accommodate more than 2,000 victims a year. Additionally, Ann Moody Place will also be able to receive more than 6,000 students a year who opt into their programs that educate and prevent against violence in teen relationships and bullying.

 

About James Dondero:

 

President and Co-Founder of Highland Capital Management, James Dondero began his career in finance as an analyst for Morgan Guearanty before graduating to Corporate Bond Analyst for American Express. And after several years as Chief Investment Officer for Protective Life, Dondero founded Highland Capital Management with his partner Mark Okada.

 

From its offices in New York, Sao Paolo, Singapore, Seoul, and Dallas, Texas, Highland Capital Management manages approximately $16 billion in assets, making it one of the largest alternative credit managers in business today. Through the Highland Dallas Foundation, Highland Capital Management invests in charities in its home city and across the country.

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