James Dondero Makes a Million Dollar Challenge!

James Dondero founder and CEO of Highland Capital Management at the Family Place’s 21st annual Texas Trailblazer Awards luncheon. The luncheon was held at the Hilton Anatole in Dallas Texas for its Legacy Campaign. The Legacy Campaign hoped to raise 16.5 million dollars for its new center and with 2.8 million dollars to go to their goal Mr. Dondero pledged to match all donations up to one million dollars.

The pledge by Mr. Dondero is titled Highlands Challenge Grant and the grant is administered through Highland Dallas Foundation Incorporated. The foundation is the philanthropic division of Highland Capital Management. The Family Place supports the victims of family violence and Highlands donation is an answer to a call for help by Mayor Mike Rawlings of Dallas and Police Chief David Brown to find solutions, shelter, and services to aid victims of family violence. Read this article at barrons.com.

The Legacy Campaign by The Family Place is for the construction of a new Dallas Counseling Center and upon completion will offer 13 emergency shelter bedrooms, clinics, emergency hotline, private and group counseling, and job training. Over 2,000 victims are expected to seek aid at the emergency shelter each year and it will help relieve the strain on the existing shelter. Included in the new center is an animal shelter and a child development center.

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Highland Capital Management was founded by James Dondero in 1993 and it’s now one of the largest alternative investing firms in the world. Highland holds over 13.5 billion dollars in assets and is the recipient of 5 stars from Morningstar. Mr. Dondero is a graduate of the University of Virginia and holds two degrees in accounting and finance. In 1985 Mr. Dondero joined American Express as an analyst and by 1989 he was a portfolio manager for a 1 billion dollar income fund.

Mr. James Dondero has a passion for charities and has donated one million dollars to the Dallas Zoo for the hippo habitat. The habitat is named Highland Capital Lodge after Mr. Dondero’s firm. He is noted for his donations to the Perot Museum of Natural Science, the George W. Bush Presidential Library and more. Read more about James at Crunchbase.