On October 4, 2016, James Dondero of Highland Capital Management announced that his company was issuing a $1 million challenge grant for The Family Place. This grant has been set up to match 50% of all money donated to The Family Place, up to $1 million.
Currently, The Family Place is only $2.8 million from reaching its goal of $16.5 million. If they are able to raise $1.8 million through their various fundraisers, Highland Capital Management will provide them with the additional $1 million they need to reach their goal.
The money will be used to build a new shelter that includes onsite daycare and child development, as well as an animal shelter for pets of families escaping domestic violence situations. Their goal is to provide services to the 2,000 people they help escape desperate situations on an annual basis, and possibly even expand the number of people they help.
The Family Place
The Family Place is a vital resource for the state of Texas. It is the largest domestic violence service provider in the state. Their goal is to eliminate domestic violence one case at a time until the problem is eliminated from the state all together.
Since opening in 1978, The Family Place has helped and counseled over 225,000 clients. Not only do they provide counseling, they also provide shelter for people who are trying to escape violent situations. They have answered over 550,000 calls from men, women, and children who need help. They have also provided counseling and life changing education to more than 20,000 domestic violence offenders.
Mr. Dondero is a Certified Management Accountant, the co-founder and president of the Highland Capital Management Company, and a philanthropist in Dallas, Texas. His company provides investment opportunities to thousands of companies since 1993. He is also the chairman for multiple companies, including a few banks.
Dondero takes time out to learn about the community, and how his company can better serve it. He ensures that large donations are made to numerous charities in the Dallas area, and organizations that serve the state of Texas.
Additional Sources: http://www.prnewswire.com/news-releases/james-dondero-announces-1-million-challenge-grant-from-highland-capital-management-to-finish-the-family-places-165-million-capital-campaign-300341376.html