Those who fall on hard tomes or find themselves in less than ideal circumstances often rely on others to help them. It is not that they are looking for a hand out or an easy path through life but simply that they would not be able go on without the help of others. That is where people like James Dondero come into play. Dondero is the current President and Co-founder of Highland Capital Management. With his help, his firm created a one million dollar challenge grant. Visit his website at jamesdondero.com. This grant is aimed to help the The Family Place, which is a Texas charity which aims to help those who have been a victim to family violence. The terms of this challenge are that it will match fifty percent of donations to The Family Place up to a total of one million dollars. In the first four days of this initiative led by Highland Capital Management, more than $200,000 of donations poured in to The Family Place triggering an over $100,000 donation for a total of over $300,000 donated in just four short days. This challenge grant was created in order to help The Family Place reach and hopefully surpass their fundraising goal of $2.8 million.
Dondero and the rest of his associates at Highland Capital Management realized very quickly what a worthy charity this was and how many thousands of people this grant can help. This grant is just the latest in a long line of philanthropic works spear headed by James Dondero. James Dondero graduated with highest honors from the McIntire School of Commerce at The University of Virginia with two degrees in both Finance and Accounting. He began his career working for American Express before gaining enough experience in the world of finance before being able to set out on his own. Many of us will never have as much money as Dondero. Luckily, he realizes just how lucky he is and is willing to do so many great things with it. We could all learn from his great philanthropic work and attempt to do our best to give what we can to the charities that mean the most to us. Read more about James Dondero on Bloomberg.com.