It has been said that the most effective use of one’s life is not to accumulate things for us in our life, but to create the things which endure after we are gone. This is the concept behind the idea of “giving back” and one Texas businessman has learned how to do it very well. James Dondero, Co-founder and President of Highland Capital Management, has made the idea of giving back a significant part of his life. His company’s philanthropic arm The Highland Dallas Foundation, works with local non-profits to not only gain financial resources and build partnerships, but to grow those resources through strategic and conservative financial planning.
James Dondero is a graduate of the McIntire School of Commerce at the University of Virginia and holds dual degrees in the areas of Accounting and Finance. He also holds certifications in the following areas Certified Management Accountant (CMA), Chartered Financial Analyst (CFA), and Certified Public Accountant (CPA). James Dondero started his career with the Morgan Guaranty training program in 1984 and excelled in his group. After this he found himself on the fast track serving in positions such as Corporate Bond Analyst and then Portfolio Manager at American Express from 1985 till 1989.
From 1989 to 1993 he worked as Chief Investment Officer to help create the GIC subsidiary of Protective Life and assisted in its guiding it from its inception to an eventual valuation of over $2B. After this he went on to co-found Highland Street Capital and has helmed it ever since. This gives him more than 30 years of qualified experience as one of the countries most recognized financial authorities. He serves in a wide variety of Chairmen positions, including Cornerstone Healthcare, CCS Medical, and NexBank. In addition, he also serves on the board of directors for both MGM Studios and American Bank Note.
Most recently James Dondero has announced that Highland Street Capital has issued a challenge grant thought The Highland Dallas Foundation to The Family Place, the leading organization in Dallas assisting those affected by family violence, in the amount of $1M. The grant is established to match 50% of all donations made to The Family Place from October 4, 2016 till April 4, 2017 for the purpose of ensuring that the last $2.8M of the groups $16.5M capital funds campaign is completed.
The funding campaign is intended to go toward The Family Place’s Legacy Campaign. The Legacy Campaign is designed to create new opportunities to help those who are affected by the scourge of family violence in the greater Dallas area. This will be accomplished through the construction of new facilities that are needed, in the form of the Ann Moody Center, which will provide emergency shelter and counseling services. It will also be the home of the organizations new BE Project, which will focus on efforts to stop the cycle of bullying and prevent teen dating violence.
The challenge grant issued by Mr. Dondero is just one more way that he is giving back to the community. As he said in the announcement of the grant at The Family Place’s 21st Annual Texas Trailblazer Awards Luncheon, “Dallas is a community that gets things done”. With the help of people like Mr. Dondero The Family Place can also continue to gets things done for a long time to come