James Dondero is an American investment expert and co-founder of Highland Capital Management. He cherishes charity work by donating to community-based and other nonprofit organizations. Dondero recently supported The Family Place by donating a grant valued at one million dollars.
The grant is supposed to help The Family Place in constructing a facility for housing family violence victims as well as offering counseling services to them. Dondero announced the news as he attended the nonprofit organization’s Texas Trailblazer Awards Luncheon that took place in Dallas TX.
Highland Capital Management supports nonprofit organizations through its philanthropic subsidiary known as Highland Dallas Foundation. The Family Place will receive the grant through Highland Dallas Foundation. This nonprofit organization had previously raised $200,000 to support its Legacy Campaign. The organization aims at raising a total of $2.8 million for the campaign.
Speaking at the luncheon, James Dondero appreciated the efforts of The Family Place and other government officials from Dallas such as the mayor and police chief. He pointed out ways in which the grant will mitigate life-threatening social issues that affect the residents of Dallas. Paige Flink, the chief executive officer of The Family Place also encouraged people to support the organization.
About James Dondero
James Dondero currently manages Highland Capital Management as the president. He also lives in Dallas where the company is headquartered. Dondero has worked in credit and equity markets for more than 30 years.
He attended the McIntyre School of Commerce for dual degrees in accounting and finance. His expertise also lies in high-yield and distressed investing. Highland Capital Management officially began its operations in 1993. Since its establishment, Dondero was instrumental in developing the Collateral Loan Obligation. He also developed credit solutions for retail and institutional investors.
Dondero seats on the executive boards of Nexbank, Cornerstone Health and CCS Medical as the chairperson. Dondero is a certified management accountant and also a registered Chartered Financial Analyst. As an investment officer, he is renowned for helping a branch of Protective Life to amass $2.8 billion in revenue. His charity work revolves around education, public policy, as well as veteran affairs.