On October 4th James Dondero, the president and co-founder of Highland Capital Management (HCM), announced that the firm had given $1 million challenge grant to support The Family Place raise the remaining $2.8 million for its legacy campaign.
Dondero resides in Dallas Texas managing the co-owned company HCM as the president. Highland capital management is a firm founded in 1993 by Jim Dondero and Mark Okada. It majors in providing credit management services. Mr. Dondero has a great experience in equity and the credit markets where he mostly focusses on high-yield investing.
Dondero has been philanthropically active, supporting educational initiatives, veteran’s affairs as well as public policy through the firm’s philanthropic arm, Highland Dallas Foundation.
Dondero, during The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon, announced the grant and said that the grant was an answer to Dallas Mayor Mike Rawlings as well as Dallas Police Chief David Brown.
These two had put up a call to action on helping the community solve family violence which is a life-threatening problem in Texas.
According to PR News Wire and NexBank, James Dandero added that Highland capital management was thrilled by the way The Family Place has handled the issue and are proud to invest together with other generous people in the community towards the lifesaving campaign.
The Family place is a leading organization in Dallas Texas which supports victims of domestic violence. The agency since 1978 has assisted over 225, 000 people through the provision of shelter as well as offering counseling.
They had launched a legacy campaign to raise $16.5 million to facilitate construction and management of operations of a new Central Dallas counseling center.
The center is anticipated to serve over 2,000 victims every year providing emergency shelter since the current facility runs at capacity.
Also in-build will be a dental and medical clinic, a central call center, private as well as group counseling rooms for both adults and children, and multipurpose places for job training.
Additionally, the building will house the Agency’s Be Project, set to provide education to over 6,000 students annually against teen dating violence and bullying.
The range of care that the new facility will provide is very vital to saving lives due to the expansion of services delivery to all family violence victims