Jim Dondero is a Dallas, Texas-based businessman. He is the co-founder and president of Highland Capital Management, L.P. He is also the chairman of the board of NexBank Capital, Inc. Other boards he serves on include MGM Studios, Cornerstone Health, and CCS Medical. Earlier in his career, he managed a $1 billion fund at American Express. At Protective Life’s GIC subsidiary he managed a fund with $2 billion in assets.
He has been engaged in philanthropic work since establishing Highland Capital Management. When establishing this company, James Dondero made giving back an important part of it. He moved to Dallas in 1994 and quickly set down roots. While Highland Capital Management invests globally, he decided to act philanthropically locally. He established the Highland Dallas Foundation, Inc. This is the philanthropic arm of his company and it supports nonprofits and charities in Dallas.
One of the nonprofits James Dondero supports is the Tower Scholars Program at Southern Methodist University. He made a $2 million endowment gift for this program. This program supports students who are studying politics and international affairs. The goal is to have them go into a career in ethical public service. Students can study abroad through this program, meet global leaders, and complete internships during their senior year.
Jim Dondero supports Education is Freedom. This is a nonprofit that helps at-risk younger people who want to go to college. It offers test preparation, mentoring, professional development, and internships. It is partnered with the Dallas Independent School District.
He has also supported the Bush Center since 2012. Since then, Jim Dondero has provided it with over $5 million in donations. He is also one of the organization’s Founding Benefactors. He supports its nonpartisan mission to advance public policy, develop leaders, and solve some of the nation’s most pressing problems.