Highland Capital Management — a Dallas-based investment company that controls around $19 billion in assets — has teamed up with The Santa Barbara Foundation to create Highland Santa Barbara Foundation Inc. (HSBF). The new supporting organization will concentrate on giving to area education programs, and on 7/24 doled out $685,000 to 17 nonprofits working on early childhood education initiatives, eliminating the achievement gap, bolstering STEAM (science, technology, English, arts, and math) proficiency, and helping kids get into college. Grants will be given annually to recipients chosen by HSBF board members.
