One of the most exciting things about being a part of big business is that it allows you to give back to your local community in a big way. You can choose to help organizations because they are near and dear to your heart or you can support them because in doing so, you will be helping hundreds of other people in variety of ways.
James Dondero got the opportunity to use funds gained through his work with the organization he cofounded, Highland Capital Management, to help a local domestic violence agency finish building its new location. The Ann Moody Place in Dallas, Texas is slated to help at least 2,000 victims of family violence and abuse every year. However, the location was still in the building stages, when Dondero contributed $1 million in the form of a challenge grant to finish building the location. The entire campaign has already raised a record $16.5 million to build the agency location. However, the organization still needs to raise $2.8 million between October 2016 and February 2017. Dondero wants his grant to make a large dent in that total.
The Ann Moody Family Place is the main domestic abuse relief organization in Dallas, Texas. Dondero made his pledge to this worthy organization during the Family Place’s 21st Annual Texas Trailblazer Awards Ceremony and Luncheon. His grant will match 50% of any additional funds the campaign raises, all the way up to $1 million.
That’s a generous grant for any business to make. Even large corporations that are doing extremely well will typically miss a sum like $1 million. In addition, the challenge is open until April 2017, well after the Legacy Drive has officially ended. During the month of October 2016, the Family Place has already raised $200,000 and they are working hard to secure more.
Throughout Dallas and many parts of Texas, community is one of the most important parts of the culture. Though many state and local governments throughout the USA fund community activities and community organizations; your average US citizen isn’t always keen to get involved in charity. However, Dallas is different.