As the President and Co-founder of Highland Capital, James Dondero has been able to leverage his position and vast array of resources to provide much needed relief to The Dallas Foundation, a charity organization that focuses on improving and renovating communities in Northern Texas.
Of course, this isn’t the first time that James Dondero has given back to the community. In fact, he has a long and storied history of managing his acquired wealth and ensuring that it is re-invested back into local Texan communities. In Dondero’s mind, it’s important to give back to the community that played such a pivotal role in helping him to make his own living.
As a testament to both his and Highland Capital’s success, they recently released a statement indicating that they had a budget of more than $3 million specifically allotted for charitable donations. It was precisely because of this need that James Dondero and his associate, Mary Jalonick, decided to partner with The Dallas Foundation and form the Highland Dallas Foundation. Through this partnership, it is hoped that James Dondero and the rest of his company can more directly utilize their philanthropic energy and directly contribute to the communities that need their help the most.
In terms of past experiences, Dondero previously worked with The Dallas Zoo, The Perot Museum, and The Bush Presidential Library. Through all of these different endeavors, James Dondero developed a deep respect for those less fortunate than himself. In fact, many of the people that have worked with James in the past have noted just how irregular his brand of philanthropy is in this day and age. Generally, wealthy executives tend to focus on writing big checks that can get publicity rather than actually ensuring that their money goes to the people it’s meant for. With Dondero and his array of philanthropic works though, it’s clear that he’s more concerned with helping people than making a headline out of it.
With this new initiative, it looks as though James has no interest in pulling back on his philanthropic efforts and will likely continue to have a big impact on Texas in the future.
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