One of America’s most notable businessmen and a philanthropic workers has recently waged a finacial challenge to the public. In attempts to boost charitable donation amounts, James Dondero vowed to match funds up to a million dollars.
The wager was officially announced in October of 2017 by James’s company, known as Highland Capital Management LP. The selected charity is a well respected organization throughout Texas . Labeled as The Family Place, the organization is geared specifically towards families and victims of family violence. It is currently the largest family violence service provider in Texas. The organization provides counselling, intervention and even preventive family violence procedures.
The Family Place set a fundraising goal of 16.5 million dollars collectively. Falling just 2.8 million dollars short, the wager set by Capital Management LP will ensure the organization reach there desired goal.
The co-founder and current President of Highland Capital Management LP helped create the company in 1993. With over 30 years of experience, James has helped propel the company into one of the leading finacial firms in America. Originally based in Texas, the company has now grown and expanded. They currently operate out of a variety of offices including New York, Dallas, Sao Paolo. Singapore and Seoul.
Working closely with an array or charitable organizations, the latest wager set by James has already began to bring in donations. Shortly following the announcement, donations quickly reached an additional $200,000.00 collectively. These new donations will help The Family Place construct a new facility which includes an office, emergency shelters, bedrooms, dental clinic and even medical clinic.