The co-founder and president of Highland Capital Management, James Dondero, has announced that the firm has awarded a $1 million grant to challenge other organizations to assist in The Family Place completing their $16.5 million capital campaign. The Family Place is raising money to assist in serving the 2,000 victims of domestic violence that they see each year.
This challenge grant has been put in place to match 50% of all funds raised for the domestic violence campaign, up to a total of $1 million between now and April of 2017. After the announcement of the challenge grant on October 4, 2016, The Family Place has raised an additional $200,000 in funds, which will be matched by Highland Capital Management in the amount of $100,000.
Currently, The Family Place is $2.8 million away from reaching its goal of $16.5 million. With the grant incentive of $1 million from Highland Capital Management, the domestic violence fund will only need to raise $1.8 million to reach their goal.
The money raised by The Family Place will be used to build a new domestic violence shelter for victims of domestic violence and abuse. They also provide help to more than 6,000 students in the community in an effort to raise awareness for bullying, teen dating, domestic violence, and prevention education. The shelter will provide kennels for family pets that need homes, along with the families trying to escape domestic violence. They also have a goal of incorporating an on-site daycare center and child development resource center.
Highland Capital Management is an investment advisement company that helps their community in as many ways as possible. Each year, they donate a large sum of money to various charities in the Dallas area. Recently, they hired a donations manager to ensure that their donations are aimed at companies and community agencies that are in need of the funds, and provide much needed services to the community.
James Dondero is the president and co-founder of the Highland Capital Management company in Dallas, TX. He has more than 30 years of experience working with high end clients in the investment industry. Along with being the president and co-founder of Highland Capital Management, Dondero is a chairman in multiple companies in the Dallas area.
Dondero’s company provides money to a large number of charity organizations. They help food pantries, domestic violence shelters, schools, and provide grants and scholarships to students who wish to attend college, and meet the criteria the company has outlined.
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