James Dondero of Highland Capital Management, L.P., says that his firm will match up to $1 million in donations made to the Legacy Campaign of the Family Place. Mr. Dondero made the announcement while attending a luncheon at the Hilton Anatole for the Family Place’s 21st Annual Texas Trailblazer Awards. James Dondero said that his firm is committed to matching 50% of all incoming donations made to the Legacy Campaign upwards to a million dollars until April 4th, 2017, which is six months from now.
The campaign’s goal was to raise $16.5 million dollars. It was short by $2.8 million. Since James Dondero announced his intention of matching half of all donations up to a million, $200,000 has already been donated. Thanks to the matching by Highland Capital Management, that sum is now $300,000.
The 50% match by Highland Capital Management is meant to encourage other donors and donations to pour in so that the Family Place can complete its goal of raising $16.5 million dollars. It will be named the Ann Moody Place and provide emergency shelters, counseling, job training and health services on the site. The current shelter of the Family Place is packed to capacity and cannot accept any more victims of domestic abuse.
James Dondero is one of the most prominent philanthropists in the Dallas, Texas area. His firm, Highland Capital Management is based in Dallas, Texas. Mr. Dondero supports numerous other charities and museums in addition to the Family Place. Some of the organizations that James Dondero’s non profit arm of Highland Capital Management endows include the Perot Museum of Natural Science, Snowball Express, SMU’s Tower Scholars Program, Education is Freedom, the George W. Bush Presidential Library and Institute and Uplift Education.
Mr. Dondero attended the University Of Virginia and graduated with a dual degree in accounting and finance in 1984. His first job was working for American Express as a corporate bond analyst. James Dondero later served as chief investment officer at Protective Life’s GIV subsidiary company. In addition to serving as president of Highland Capital Management, James Dondero serves as chairman of the board at Nexbank and Cornerstone Healthcare.
Recap of http://www.prnewswire.com/news-releases/james-dondero-announces-1-million-challenge-grant-from-highland-capital-management-to-finish-the-family-places-165-million-capital-campaign-300341376.html