The Horizon Foundation for New Jersey supports 25 nonprofit organizations by introducing $512,250 in grants during its second 2013 awards.
The grants target nonprofit groups that promote health and the arts throughout the area. Among the groups that share a portion of the awards include Integrity House, Paper Mill Playhouse, Kids Corporation II and Visual Arts Center of New Jersey.
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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.