The Kerr County United Way will close down their office and cease operations at the end of August.
They cited financial challenges that have been made worse by the Covid pandemic and inflation in the economy in recent years.
All remaining funds will be held in an account with the Community Foundation of the Texas Hill Country.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, cannot be tackled by questioning the return on investment.