Highland Capital Management deserves some accolades for coming to the aid of victims of family violence through its award of a challenge grant of a whooping $1 million to the Family Place’s Legacy Campaign. The campaign is targeted at coming to the rescue of individuals devastated by family violence. So far, $2.8 million is all that is needed to achieve the total $16.5 million fundraising goal for the campaign. It is thus heart warming to hear of the Highland’s $1 Million Challenge Grant at this stage of the campaign.
James Dondero took upon himself the singular task of making public the news since he is the President of the donor company – Highland Capital Management. It all took place at The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon. While speaking, he had only good words for two distinguished persons, David Brown, Dallas Police Chief, and Mike Rawlings, Dallas Mayor. Both fellows helped in motivating members of the community towards supporting the campaign. Not long after the Highland’s grant, additional $200,000 has come in from donors in the community attracting a further $100,000 from Highland Capital Management.
Without the effort of The Family Place, this legacy campaign would not have come up. James Dondero was quick to acknowledge this as he showered encomiums on the organization. Also, he could not hide his amazement at the way the civic community in Dallas rallies around the campaign to ensure it turns out a success.
How the campaign fund will be expended is no secret. The Family Place has made it explicit to all. Among other projects that will be executed is the construction of a befitting Central Dallas Counseling Center named after Ann Moody. The sole objective of the center will be the provision of as much care as possible to family violence victims. Among other facilities in the center will be 13 emergency shelter bedrooms, a dental and medical clinic, a centralized hotline/call center, spaces for job-training and group counseling rooms for adults and children.
HIGHLAND CAPITAL MANAGEMENT
Highland Capital Management started operations in 1993. It was founded by James Dondero and Mark Okada. At the moment, the company is one of the top SEC-registered investment adviser and alternative credit managers with about $16 billion asset worth under management. It boasts of a formidable portfolio of diversified clients from foundations, governments, public pension plans, endowments, financial institutions, corporations, and high net-worth individuals.
The philanthropic arm of the company, Highland Dallas Foundation, supports The Dallas Foundations and several other humanitarian organizations. The company’s headquarters is in Dallas, Texas. It also has offices in Seol, New York, Singapore and Sao Paolo.