The Morris County Fund at the Community Foundation of New Jersey (CFNJ) has distributed $66,665 in grant money to 12 local nonprofits.
The fund was established to allocate donations from legacy funds awarded to CFNJ. The Community Foundation of New Jersey is a coalition of families, businesses and nonprofits that work together to create a difference in people's lives and communities throughout the state.
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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.