The Vermont Community Loan Fund has awarded 126 Vermont child care programs this year totaling $160,000. The grants were given according to 2 categories.
The Bulding Bright Futures Facilities grants are given to provide funding for child care facility start-yos, relocation, purchase, construction, renovations, and pre-development costs. Meanwhile, the Vermont Birth to 3 grants are given to child care programs that focus on infants and toddlers.
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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.