Many who achieve great success enjoy said success without any thought for those who helped them get there or the environment that supports them, then there are those who as Martin Luther King, Jr said, “choose to walk in the light of creative altruism”. For those who fall in the ranks of the later the desire to give back can at times lead them to do remarkable things and exhibit great generality which is far in excess of the blessing which have been bestowed upon them in the first place. Such is the case with financial superstar James Dondero.
James Dondero started his highly successful life with humble beginnings. He didn’t attend the ivy league, instead, he opted to attend The University of Virginia, where he enrolled in the McIntire School of Commerce from which he received dual degrees in accounting and finance. Out of school, he was recruited into the Morgan Guaranty training program which he started in 1984. From here the success just started to snowball.
He soon found himself working for companies such as American express and GIC. The latter of which afforded him the opportunity to help organize the subsidiary Protective Life and see its growth from inception to an eventual valuation of over $2B between 1989 and 1993. At American Express he served in numerous roles, each more challenging than the previous and each offering him more opportunities to grow his skills and develop the connections he would use later when he started Highland Street Capital in 1993.
It is Highland Street Capital that is his crowning achievement. HSC is the origin of the most recent act of generosity for Mr. Dondero who announced on October 4, 2016, at a benefit luncheon for The Family Place. The Family Place is the leading provider of support services in the Dallas Metro Area for those who are affected by family-based violence. At the luncheon Mr. Dondero announces that HSC had issued a challenge grant which will match 50% of all donations toward the organization’s Legacy Campaign, which is a fund-raising initiative established for the purpose of raising $16.5M in capital funds for the construction of the Ann Moody Place, a new facility which will allow the organization to better serve those who it is charged with helping.
The grant will cap out at $1M and will match all funds raised up to that point from the date of the announcement to the end of the campaign on April 4, 2017. The Ann Moody Place will allow The Family Place to better serve its clients by providing emergency shelter space, medical and dental clinics, multipurpose facilities for programs and job training, counseling space, and more. The grant will be administered by the philanthropic arm of Highland Street Capital, the Highland Dallas Foundation. more about dondero in linkedin.com.