A 1-Million Grant from Highland Capital Management to Boost the Family Place’s Funding Campaign

Earlier this month, the co-founder and president of Highland Capital Management L.P., James Dondero, declared that his firm would offer a $1 million challenge grant to fund The Family Place, which is one of the most relevant organizations providing support for family violence victims in Dallas. During the 21st Annual Texas Trailblazer Awards Luncheon, the announcement stated that the firm will match 50% of the funds raised by the mainstream The Family Place’s campaign up to $1 million.

In the past two weeks, The Family Place has already funded over $200k which will reach $300k thanks to the challenge grant by the Highland Dallas Foundation Inc. The goal of the funding campaign is to gather no less than $16.5 million to cover the expenses of the assistance the organization provides. Right now, the goal is only $2.8 million away from being accomplished but the ending of this campaign will surely be solid with the foundation contribution.

During his speech, Dondero said that the Dallas community got things done. He also added that the assistance provided by The Family Place had caused a serious impression. The assistance offers a complete philanthropic support. In the same event, Paige Flink, The Family Place CEO, also shared the conviction of having the impact of their activity enhanced thanks to the donations. The main aim of this funding campaign is to make the building of the Central Dallas Counseling Center for violence victims an upcoming reality.

Within the most relevant features that this center will have, there will be 13 emergency bedrooms, a medical clinic, a call center and several counseling rooms for any victim’s profile. There will also be multipurpose and job-training locations in this building. The most solid reason to pursue the construction of this counseling center is to expand the assistance provided by The Family Place because the existing center is 100% full.

Nowadays, the family violence victims require ongoing support to overcome the difficulties that arise from their circumstance. The psychological assistance in combination with the shelter services creates an inflection point in the sufferer’s life.

Source: http://www.prnewswire.com/news-releases/james-dondero-announces-1-million-challenge-grant-from-highland-capital-management-to-finish-the-family-places-165-million-capital-campaign-300341376.html

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