Mr. James Dondero, the president and co-founder of Highland Capital Management has joined forces with Linda Owen who is a Dallas, Texas civic leader and the former president of a nearby foundation; The Woodall Rodgers Park Foundation. The alliance is meant to provide a framework for future Highland Capital Management philanthropic efforts in the community in and surrounding Dallas as the firm’s charity programs continue to expand.
Linda Owen will be the firm’s manager for charitable giving, working with The Dallas Foundation, which currently oversees Highland’s charitable fund.
James Dondero said that as philanthropic activities expanded a dedicated professional was required to help facilitate the charitable contributions by the firm to make the most impact. Dondero went on to explain the long standing track record of Owens and that including her in managing the funds will help make the impacts tangible in the community.
Highland has contributed over $3 million yearly to charitable organizations via The Dallas Foundation and the donations have largely focused on supporting education, veterans’ causes, health care and, as a whole, the Dallas community.
Linda Owen commented on Highland’s strong commitment to philanthropy, saying it was inspiring but that their work goes beyond just funding. She explained how employees were dedicating their own time and energy to produce real results for some of these nonprofit organizations they work with.
Owen oversaw the completion of Klyde Warren Park within the local area while acting as CEO and president of the Woodall Rodgers Park Foundation.
Mr. Dondero has over 30 years of experience in the credit and equity markets and additionally is the Chairman of Cornerstone Healthcare, CCS Medical, and Nexbank; and also serves as a board member of American Banknote and MGM Studios. You can read about James Dondero on his website here and the original article about Linda Owen and Highland Capital Management collaboration here.