Palo Alto Online features some foundations that have bounced back after the meltdown it experienced with economic recession.
Silicon Valley Community Foundation is one of the foundations that lost billions of dollars yet it continues its mission for the community as one of the top-giving foundations in the state and the largest single grant maker to Bay Area nonprofits.
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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.