James Dondero, the co-founder and president of Highland Capital Management, L.P. has announced a new challenge grant through the philanthropic arm of his company, Highland Dallas Foundation, Inc. Dondero’s company is an SEC registered investment advisory company that is one of the top in its field. Highland Dallas Foundation, Inc, the philanthropy arm of the company, invests in both local and national non-profits.
The challenge campaign is a matching program, with Highland Dallas Foundation matching 50% of funds donated, up to $1 million dollars. The beneficiary of this grant is The Family Place, which supports victims of family violence in Dallas. The announcement was made October 4th, thus covering the last 6 months of the campaign by Family Place
When kicking off the challenge grant, Dondero praises The Family Place and their efforts. Dondero feels that not only are they a lifesaving program, but one that has managed their fundraising well, making them great recipients, and thus multiplying the efforts of people who are currently donating funds.
The Legacy Campaign by The Family House is supporting building a new counseling center for family violence victims. The center will be named for Ann Moody. It will offer many different services, including emergency shelter and family violence prevention education programs for all ages. It will even include an animal shelter for those who do not want to leave animals behind in an abusive situation.
James Dondero’s promise will help bring The Family House Legacy Campaign much closer to completion and have the services needed by Dallas that much closer to being available. With only $2.8 million dollars more needed, his $1 million dollar promise is valuable help for a needed project.