How One Company and It’s Founder is Helping Combat Family Violence in Dallas
A recent press release highlighted efforts to put an end to the life-threatening issue of family violence in Dallas. Dallas’ top organization supporting family violence victims is The Family Place. The organization was happy to have recently received a $1 million challenge grant from Highland Capital Management. The announcement from James Dondero, the co-founder, and president of HCM means that the organization is now more likely to raise the $2.8 million needed to ultimately reach the $16.5 million Legacy Campaign goal.
This grant pledged to match any funds raised for the campaign up to $1 million. The Legacy Campaign will pay for the construction of a counseling center in Dallas for victims of family violence. The center will include a dental and medical clinic, a call center, counseling rooms, job training spaces and 13 emergency shelter bedrooms. The campaign will also support its initial operating costs.
James Dondero is a businessman and philanthropist who got his start after being accepted into the Morgan Guaranty training program in 1984. The same year Dondero graduated with the highest honors receiving dual degrees in Finance and Accounting from the University of Virginia’s McIntire School of Commerce. James is also certified as a Chartered Financial Analyst (CFA) and Certified Management Accountant (CMA).
James was employed at American Express fresh out of college as a Corporate Bond Analyst and in his 4 years with the company managed to work his way to becoming a Portfolio Manager of roughly $1 billion in fixed income funds. In 1993, he co-founded Highland Capital Management which is now responsible for handling nearly $14.9 billion in assets. Aside from The Family Place Dondero also supports other charitable organizations such as SMU’s Tower Scholars Program and the George W. Bush Presidential Library. The original press release is available here.