Highland’s Challenge Grant Enhancing Life
The co-founder and president of Highland Capital, James Dondero, graduated from the University of Virginia with highest honors from the school of Commerce and majors in Finance and Accounting. He has had over 30 years of experience working in credit and equity markets which specialize with high-yield investing. Highland Capital has been dealing in developing Collateralized Loan Obligation (CLO) market and credit-oriented solutions since 1993.
Mr. Dondero commenced his career in 1984 as an analyst in the Morgan Guaranty training program. Besides he has worked as the chairman of Cornerstone Healthcare and also as a member of the board in the American Banknote and MGM Studios. He is a very hardworking philanthropic individual who supports several initiatives in education and public policy.
Also, James Dondero is a Certified Management Accountant (CMA). As a result, he earned the right to use the designation of Chartered Financial Analyst (CFA).
This week President James Dondero made an announcement that stated the firm’s decision to award $1 million challenge grant to assist the Family Place. The latter is a leading organization in Dallas that supported family violence victims, and in the coming months, it was targeting to raise at least $2.8 million for its Legacy Campaign. This day was the Family Place’s 21ST Annual Texas Trailblazer Awards.
The Family Place has already raised over $200,000 since October 4 announcement to the Legacy Campaign. The amount will be matched by Highland’s grant of $100,000. As a matter of fact, Highland’s challenge grant plays a vital role in ensuring the attainment of the goal of fundraising $16.5 million with only $2.8 million needed to reach the target.
Dondero said that he was quite impressed by the philanthropic support that took place to the final stage of the campaign in a single year. “We are proud to make investments with various generous individuals in the community,” Dondero said.
The Campaign by the Family Place Legacy had contributed immensely in support of the construction of a centralized Dallas Counseling Center. The Center was meant to provide counseling for victims of violence in the family. The operation of the facility is also under the Family Legacy Campaign.