Highland Capital Management aims to excel both in business and make an impact in the community where its employee lives. James Dondero, CEO and President of the company recently said that Highlands will enhance its partnership with its long-time partner Dallas Foundation to improve the impact of its charity fund that has grown to an excess of $3 million. According to Dondero, the selection of Dallas Foundation was because the not-for-profit organization is intertwined in the North Texas Community with a clear proven track record of achievements in the region.
The partnership formed Highland Foundation Inc. which is a supporting organization of the Dallas Foundation. The today’s philanthropic environment is a challenging one especially with many companies avoiding community participation and instead concentrating on competition and profit maximization. Therefore, companies willing to contribute to non-profit organizations is a unique opportunity and a good strategy to engage the community. NPOs like Dallas Foundation can access a sustainable source of funding for their long-term operations.
Dondero believes that community culture is vital to the company because it improves the lives of Highlands’s employees and the community as a whole. Highlands has always participated in veterans programs concentrated on healthcare, education, and veteran’s initiatives. The partnership deal with Dallas Foundation comes after the company decided to hire Linda Owen to focus exclusively on Highland Dallas Foundation Inc. through connecting the company’s vision in community participation to improve the lives of veterans in North Texas.
James Dondero is a president who has excelled both in business and enhancing community involvement. With over 30 years of experience, he heads the Global Allocation Fund in the company that focuses on investing in the U.S. and foreign debt securities.
Dondero has led Highland Capital to become one of the most experienced global alternative investment managers offering credit-oriented strategies and asset management advice to both retail and institutions. Mr. Dondero also holds a portfolio manager position at Next Point Credit Strategies fund.