The Family Place Benefits from the Philanthropic Tendencies of Highland Capital Management

The Family Place has received a massive boost in raising the final $2.8million in its legacy campaign from Highland Capital Management through its offer of a $1 million grant towards the campaign. James Dondero, president and co-founder of Highland Capital Management, announced the grant offer at the Family Place’s 21st Annual Texas Trailblazer Awards Luncheon. The grant will match 50 percent of any funds raised towards the campaign up to a limit of $1 million and will be administered through the philanthropic arm of Highland Capital Management, the Highland Dallas Foundation.

According to James Dondero, Highland’s offer of the grant was in response to a call to action by Police Chief David Brown and Dallas Mayor Mike Rawlings to the Dallas community to help solve the problem of family violence. James continued to add that he felt proud to support the campaign alongside a generous community and was impressed by how The Family Place had managed the campaign from inception to its current final stages. The Family Place CEO, Paige Flink, was of the opinion that the Legacy Campaign provided a great platform for anyone who had wished to help the victims of family violence and did not know how to do so.

The goal of the Legacy Campaign is to fund the construction of a new Central Dallas Counseling Center that will target family violence victims. The building will include multipurpose spaces for job training, 13 emergency shelter bedrooms, a medical and dental clinic, multiple private and group counseling rooms for children and adults and a centralized hotline/call center. Its capacity will be 2,000 victims annually, thus it will greatly support the already existing Family Place’s emergency shelter. The new Central Dallas Counseling Center also has in its designs an animal shelter that will cater for family violence victims that felt like living their abusive homes for the center and wished to tag along their pets.

James Dondero is an expert at equity and credit markets dawning experience of over thirty years in the field. His greatest achievement was helping Highland Capital Management pioneer the development of credit-oriented solutions for institutional and retail investors internationally. He also facilitated its development of the Collateralized Loan Obligation Market.

Other than being president of Highland Capital Management, James also serves in other capacities such as chairperson of Cornerstone Healthcare, CCS Medical and Nexbank. He has also had the chance to work for American Express and GIC Subsidiary. James is an active philanthropist.

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