James Dondero, co-founder and President of Highland Capital Management, made a big announcement this past October. He vowed that he and his company will help The Family Place, located in Dallas, Texas, reach their goal in their Legacy Campaign.
The Legacy Campaign will last through April and has a goal of raising the final $2.8 million needed to complete the construction and operations of their new Central Dallas Counseling Center. It will include emergency shelter bedrooms, a call center, rooms for both private and group counseling rooms, space for job training, and a medical/dental clinic.
Highland Capital Management will be meeting any donations up to $1 million. At the time of the announcement, The Family Place had already raised roughly $200,000 which will be matched by Highland Capital Management. This last fundraising push is to get the last of the $16.5 million needed to complete the construction.
The new center will help take the burden off the original center which serves over 2,000 victims each year. It constantly operates at full capacity, and the new location is designed to help even more people.
It will be called Ann Moody Place and will also be home to the Be Project which offers bullying and teen dating violence prevention education that reaches over 6,000 students per year. It will also include an animal shelter for families who need to leave abusive relationships and fear for the safety of their pets.
James Dondero is proud to have his company aid in this local community effort. Dondero is a Certified Management Accountant with rights to use the Chartered Financial Analyst designation. He graduated with honors from the University of Virginia and then with dual majors in both accounting and finance from McIntire School of Commerce.
Dondero went on to work for American Express, Protective Life, and then on to open his own company, Highland Capital Management. Dondero specializes in high-yield and distressed investing, and his company has pioneered the Collateralized Loan Obligation market.