Seven local nonprofits were awarded a combined $76,500 in funding from the Community Foundation of Southern Indiana.
Two $12,000 grants were awarded to Ivy Tech Sellersburg and Southern Indiana Works from the Commerce America Fund.
CFSI also awarded $51,500 to five local nonprofits as part of the Foundationas Capacity Building and Community Assist grant programs.
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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.