The Rochester Area Community Foundation has pledged a $200,000 grant to bring a major traveling exhibit on the racial divide in the Rochester area to the Rochester Museum & Science Center called "Race: Are We So Different?".
According to Jennifer Leonard, the foundation"s executive director, the pledge follows a strategic shift in the way the foundation distributes funds and that the board decided to give fewer but larger grants in the hope that the money would have higher impact.
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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.