The man of many firsts James Dondero

James Dondero is known around the world because of his success in business is the Co-founder and President of Highland Capital Management. His common name is “Jim Dondero.” He is an investment advisor who is based in Dallas and is among the most experienced and excellent alternative investment managers.

One of the most notable characters of Jim is that he is a manager who is proactive in his giving. His business being majorly global and very successful, James decides to do most of giving locally. Jim has been actively supporting education and healthcare activities in in the Dallas community. Working together with The Dallas Foundation, Jim has increased his philanthropic engagement to many civic organizations such as The Dallas Zoo, The Perot Museum, and The Bush Presidential Library.

James Dondero said, “We were searching for a partner to help in managing our annual philanthropic budget that has grown to above $3 million.” The one found was Mary Jalonick, The President and CEO of The Dallas Foundation, together with her team of donor service experts and other philanthropists.

He then added after the search and said, “We chose The Dallas Foundation which is an organization that is so deeply concerned with the North Texas community. This has been proven over time with a record of achievement in the nonprofit community.”

Mary Jalonick, The president and CEO of The Dallas Foundation said, “Jim’s philanthropic strategy aligns beautifully with his business acumen in employing multi-year grants as part of his giving. Mostly rare in the philanthropic environment, these grants are unbelievably very important to most non-profit making organizations since they offer a very sustainable source of funding for the long term,”.

Currently, James and The Dallas Foundation have hired Linda Owen who is the former president and CEO of Woodall Rodgers Park Foundation. Her role at The Dallas Foundation is focusing exclusively on Highland Dallas Foundation Inc., in connection with Jim’s vision with non-profit making partners in improving the quality of life in North Texas.
Jim said that Linda’s guidance, experience, and relationships in the community would help in making a greater impact in North Texas communities.

Additional Sources:

http://www.insidermonkey.com/hedge-fund/highland+capital+management/173/

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