The Community Foundation of the Quincy Area, a nonprofit resource that serves 13 counties in West-Central Illinois, Northeast Missouri and southeast Iowa, receives $1.5 million in gifted assets that came from a private foundation that was turning over all of its assets.
The terminated private foundation reserved the right to be anonymous, which will pay the community foundation a fee for its services.
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Midsize businesses are tapping into the social business market because large companies do not need the help of start-ups to create a “social technology stack.” But a social business stack cannot generate revenue by itself.