The Family Place Receives Financial Support Through Campaign Challenge Formed by Highland Capital Management’s President, James Dondero
The Family Place, a comprehensive facility for domestic violence victims, including children is serving Dallas, Texas communities in need of life-saving help. Since 1978, more than 21,000 women, men, and children received shelter services and 225,000 plus individuals were provided counselling.
Donations and volunteers keep the doors of the facility open to provide support emotionally, physically, and economically. Highland Capital Management’s President, James Dondero is helping to solve the problems in local communities by awarding a $1 million campaign challenge. When Mayor Mike Rawlins and Former Dallas Police Chief David Brown conveyed a call-to-action plan, Mr. Dondero eagerly joined the leaders.
Highland Capital Management announced the firm is participating in The Family Place Legacy Campaign at a luncheon event held in Dallas. Highland has agreed to match 50 percent of financial contributions donated by donors from November 2016 until April of 2017.
The financial goal of The Family Place is $16.5 million with $2.8 million remaining to raise, thus far. Highland Dallas Foundation has already committed to contributing $100,000 to the facility of donations received in the amount of $200,000. These funds are being used to construct and operate a new counseling center, Ann Moody Place.
James Dondero is Co-founder and President of Highland Capital Management, L.P., a leader in the hedge fund investment industry. He and his business partner, Mark Okada founded the firm in 1990 as Projective Life Insurance Corporation and eventually, Protective Asset Management Company. James started his career managing senior secured bank loans and within three years became a registered SEC investment advisor.
Presently, James Dondero oversees the management of billions of dollars in assets at Highland Capital Management’s Dallas headquartered location. Mr. Dondero faithfully supports the endeavors of Dallas leaders to improve the lives of families by actively providing financial support to non-profit organizations, including The Family Place. Highland Capital Management announced its support through the Highland Dallas Foundation in an October 2016 PR Newswire press release. The Family Place and Mr. Dondero are working together to accomplish raising the $2.8 million balance to reach its financial goals.
Learn more about James Dandero: http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/