It was announced by James Dondero, President and co-founder of Highland Capital Management, that the firm has gifted $1 million to help The Family Place. The Family Place is a prominent organization in the Dallas area that supports families affected by violence. The money will help the organization to raise the remaining $2.8 million needed for its Legacy Campaign over the next six months.
The grant will match 50% of any funds raised for the campaign upto a total of $1 million. The Family Place has raised and additional $200,000 to go towards the Legacy Campaign which will be matched by Highland’s grant up to $100,000. Highland’s grant will ensure that the Family Place will have the money it needs to meet its goals.
The Legacy Campaign is building a new Counseling Center in Central Dallas that will provide care to those that are victims violence within their family. It has been named to honor Ann Moody and will include 13 shelter rooms, a dental and medical clinic, counselling groups, a hotline/call center, and spaces for job training.
The building will help well over 2,000 victims every year and will house the Be Project. The Be Project provides education on teen dating violence and bullying prevention and reaches more than 6,000 students every year. The facility will even provide a place for family pets to reside for the abused families and will have an on-site center dedicated to child development.
James Dondero is the co-founder and president of Highland Capital Management and under his guidance, Highland Capital Management has gained about $14.9 billion in assets and has become affiliated with NexPoint Residential Trust, NexPoint Capital, NexPoint Advisors, Acis Capital Management, and NexPoint Capital . Dondero has well over 30 years of experience.
In 2014 Highland Capital Management has been recognized as a 5-star designation for Global Allocation and has been top ranked Healthcare Long/Short Equity Fund by Morningstar.