Bloomberg Philanthropies has committed nearly $1.6 billion to anti-tobacco efforts since 2005.
$140 million will aim to curb the use of e-cigarettes among teenagers in the United States.
$50 million to the NAACP to develop a new national headquarters.
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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.