Highland Capital Collaborates With The Dallas Foundation To Enhance Their Philanthropic Activities
Jim Dondero, the co-founder of Highland Capital Management, has always been passionate about giving back to the community. Through Highland Capital Management, a Dallas-based investment advisor, Jim takes proactive management approach to philanthropic initiatives. Over the years, he has invested in education, veteran, and healthcare projects in the community of Dallas. With an annual philanthropic budget of $3 million, Jim Dondero searched for a partner to assist in managing the budget. The search landed him at The Dallas Foundation where he reached an agreement with Mary Jalonick, the organization’s president and CEO, who is an expert in philanthropic activities.
Jim said that they settled on The Dallas Foundation due to their social responsibilities. Mary and Jim formulated bold, effective and inspirational strategies for a charitable giving plan. It is from these undertakings that The Highland Dallas Foundation was born. This organization is the philanthropic arm of Highland Capital Management. By collaborating with the Dallas Foundation, Mr. Dondero has been able to expand his philanthropic activities to several institutions, including The Bush Presidential Library, The Dallas Zoo, and The Perot Museum. Recently, Jim appointed the former president and CEO of the Woodall Rodgers Park Foundation, Linda Owen, to spearhead the process of linking The Highland Dallas Foundation with non-profit partners.
About Highland Capital Management
In 1993, Mark Okada and James Dondero partnered to found Highland Capital Management. Together with its affiliates, the corporation has close to $15.4 billion AUM. It is headquartered in Dallas, Texas. Highland has offices in Sao Paulo, New York, Seoul, and Singapore. Highland is reputable for its expertise in global alternative credit management. The SEC-registered company focuses on credit strategies, Collateralized Loan Obligations (CLO) as well as special-situation private equity and alternative investments. Highland provides its services to different corporations, foundations and public pension plans. It also caters to the needs of financial institutions, funds of funds, as well as governments and high net worth individuals. Highland Capital prides themselves in giving back to the community where their employees work and live. In addition, the company strives to bring changes in the society through volunteer works, financial donations and provision of advisory services to both local and international philanthropic organizations. Since 2005, Highland and its partners have committed over $10 million to charity work.