A study from the John S. and James L. Knight Foundation called the Soul of the Community showed social offerings, openness and aesthetics are far more important than peoples' perceptions of the economy even in tough economic times.
The foundation strives to take this information through the Soul of the Community and use it to make the community even better and even more beloved than it already is.
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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.