Editorial: Donors envision stronger southern Dallas | Dallas Morning News Editorials - Opinion and Commentary for Dallas, Texas - The Dallas Morning News: Dallas has benefited in recent weeks from several key examples of corporate philanthropy aimed at shoring up the city’s foundations. On Monday, Highland Capital Management stepped forward with a $50,000 donation to Mayor Mike Rawlings’ GrowSouth initiative. Last week, 7-Eleven made a $300,000 donation to boost crime-fighting efforts in two of the 27 hot spots targeted citywide. On Aug. 29, Comerica Bank announced its own $50,000 donation to GrowSouth.
What inspires this kind of philanthropy? We posed the question to Mark Okada, co-founder and chief investment officer of Highland Capital, who said his company started in Los Angeles and could have chosen any place in America to call home. The company chose Dallas for its central location, low cost of doing business, minimal hassles and eager workforce, Okada said.
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