Jim Dondero’s Million Dollar Challenge Grant!

Highland Capital Management founder and CEO James Dondero threw out a challenge to his fellow philanthropists at the Dallas Hilton. Jim Dondero is known throughout the world for his philanthropy and he is very active with charities throughout his hometown of Dallas, Texas. Mr. Dondero announced a $1 million dollar Challenge Grant from the Dallas based financial firm of Highland Capital Management. Highland will match any donation up to one million dollars towards the completion of the Family Place’s 16.5 million dollar Legacy Campaign. Visit Nexbank to know more about James.

The Legacy Campaign is for the relief of victims of family violence and the campaign’s goal is 16.5 million dollars. At the time of Jim’s challenge, only 2.8 million dollars remained for the campaign’s completion. When the Mayor and police chief in Dallas called for help in solving family violence in the community, James Dondero answered with his Challenge Grant at the Family Place’s annual Trailblazer luncheon. Mr. Dondero stressed the importance of the campaign and expressed his pride in the response by the Dallas community and the support by the community that took the campaign so close to its goal in less than a year. Read more at Huffington Post about James Dondero.

The Highland Dallas Foundation part of Highland Capital Management will manage the grant to the Family Place. With the funding from the campaign, the Family Place will construct a new center for family violence victims. The new shelter will feature a hot-line, clinics, job training facilities, counseling rooms and temporary living quarters. Its plan and design are donated by Corgan. The newly constructed shelter is expected to lessen the impact on its already overcrowded existing center and the new shelter will also offer a child development center and a shelter for pets.

Highland Capital Management is located in Dallas, Texas and it’s respected as one of the most experienced and largest credit managers in the world. The firm specializes in alternative investment and it’s credit strategies include hedge funds, distressed situations, collateralized loan obligations and more. Highland Capital Management is dedicated to helping clients achieve their goals. Highland is international has offices New York, Brazil, Singapore, and South Korea.

Read: http://www.barrons.com/articles/making-bold-bets-on-alternative-investmentsand-winning-1490423757

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