The partnership between HCM and Dallas Foundation Inc. was built because the latter is deeply established within the North Texas community. Besides that, Dallas Foundation, which is led by Mary Jalonick, has a demonstrated ability to serve in the nonprofit sector. Furthermore, Dallas foundation seemed a good fit to manage the over $3 million philanthropic budget of HCM. The partnership aims at developing a framework for charitable initiatives.
This partnership has seen Dondero expand his engagements to many civic organizations including the Perot Museum, Bush presidential library, and the Dallas Zoo, within Dallas. While collaborating with Janolick’s foundation, Mr. Dondero identified and hired the CEO of Woodall Rodgers Park Foundation, Linda Owen. This was spearheaded by her experience and good relationship with the Texas community. Mr. Dondero’s decisions to hire Linda Owen were aimed at connecting his vision with other nonprofits players and as a result, improve the general quality of life.
About James Dondero
Mr. Dondero, who is the founding president of Highland Capital Management, is a resident of Dallas Texas. He began his career way back in 1984 after graduating from the University of Virginia, where he majored in financing and accounts. Immediately after school, he attended the Morgan Guaranty training program and this marked the beginning of his career as an analyst. Dondero served at American Express as the corporate bond analyst for four years since 1985. Afterward, he ascended to the position of the portfolio manager in the same organization.
Subsequently, he also served as the chief investment officer in charge of protective life’s GIC subsidiary. His role enabled him to build the business from concept to over $2b in AUM over a period of four years. The year 1993 was a jubilant time because Dondero founded Highland capital management. This firm is at the helm of providing credit-oriented solutions to institutions globally. Since 1993, the company has spread its wings globally, thus garnering recognition in diverse platforms. Popularly known as ‘Jim,’ Mr. Dondero is also a philanthropist and supports initiatives in education, public policy, and veteran affairs.
Article originally posted on http://www.dallasfoundation.org/ForDonors/DonorStories/JamesDondero/tabid/449/Default.aspx