The Kern Community Foundation received a $500,000 grant from the James Irvine Foundation.
The grant will be used to increase the foundations philanthropc and leadership capcaity. The grant awarded was among the 24 new grants given totaling $8.8 million as approved by the Board of Directors of the James Irvine FOundation.
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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, Â cannot be tackled by questioning the return on investment.