The Johnsonburg Area Endowment Fund, administered by the Elk County Community Foundation, awarded grants to seven local organizations.
The fund was created in 2020 with a check from the selling of the Johnsonburg Community TV Co., with the intention of helping district residents.
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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.