James Dondero Wants to Do More to Charity
James Dondero, also known as Jim is an accomplished businessperson. He is at the helm of a huge investment fund, worth about $17 billion. The company is one of the most accomplished managers of alternative credit. The company, founded by James Dondero and another partner, has investment all over the world. As a demonstration of his business acumen, the company has remained afloat despite the harsh economic times.
Besides being an accomplished businessperson, he is also a philanthropist. Dondero founded the Dallas Foundation. It is the charitable arm of Highland Capital Management, L.P. He is always looking for ways to ensure that the firm’s philanthropic activities continue to grow and transform lives.
Dondero recently recognized that they need an expert in charitable giving. It is to ensure that the company has a more effective impact on people’s lives. As a result, he has hired the services of Linda Owen. She is a Dallas civic leader who was formally president of the Woodall Rodgers Park Foundation.
Highland gives away more than $3 million each year to charity. They channel the money via the Dallas Foundation. They give the money to fields such as education, health care, and veteran’s causes and the Dallas community. The major beneficiaries within Dallas are American Heart Association and Center for Brain Health among others. In addition to the money, Highland executives offer guidance to the organizations. The services help them to run more efficiently.
In addition to that, Highland employees take part in these charitable activities. The employees offer their time to the charitable causes. Also, they offer guidance to the organizations when they donate. In most cases, charitable organizations face problems, which are of a unique nature.
Owen will have a positive effect on Highland’s charitable cause. She has a lot of experience in this field. She began her career in real estate. She also has a BA in economics. These skills will help her in her efforts to increase the company’s charity in giving footprint. It is always admirable when a company gives back to the community.
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