James Dondero, on behalf of Highland Capital Management, announced a $1 million challenge grant to benefit The Family Place. The Family Place is a Texas not-for-profit that provides various services to victims of family or domestic violence. The challenge grant from Highland Capital Management is designed to complete a capital campaign undertaken by The Family Place.
The Family Place initiated the $16.5 capital campaign in order to fund the launch of Ann Moody Place in Dallas. Ann Moody Place will provide an array for services for victims of family violence, and others, in the Dallas area. Ann Moody Place is expected to serve 2,000 victims of family violence annually, once in operation.
The challenge grant from Highland Capital Management has already attracted other donors. The firm will match donations towards the goal of completing the capital campaign up to $1 million.
Highland Capital Management was founded by Dondero and a business partner in 1993. Since its founding, and under the leadership of Dondero as the firm’s president. Highland Capital Management now manages about $16 billion in assets.
Highland Capital Management is a SEC-registered investment advising firm. Dondero has brought in investors from a broad spectrum since the founding of the firm.
Highland Capital Management provides investment management services to foundations, endowments, financial institutions, corporations, public pension funds, high net-worth individuals and families, and governments. Since founding the firm, Dondero has built offices in New York, Sao Paolo, Singapore, and Seoul. New York is the headquarters of the enterprise.
The grant made to The Family Place is part of the efforts of the Highland Dallas Foundation. James Dondero also founded Highland Dallas Foundation, which is the philanthropic extension of Highland Capital. The Foundation has been heavily involved in providing financial support to local and national nonprofits in a wide range of arenas.