The Mary M. Jalonick Women's Philanthropy Institute has awarded $300,000 in grants to four Dallas-area nonprofits to help victims of sex trafficking, the Dallas Morning News reports.
"This grant will help these brave survivors of sex trafficking and exploitation overcome the trauma and roadblocks of their past and achieve their dreams," says Bianca Davis, CEO of New Friends New Life, which received the largest grant of $150,000.
The nonprofit will use the money to provide counseling, resources, and housing for 240 women and their children who have been sex trafficked and are survivors of abuse, addiction, and poverty.
The other three recipients of the grants, each receiving $50,000, are Braswell Child Development Center, Community Basket Mobile Farmers Market, and Mosaic Family Services.
The Women's Philanthropy Institute was established by the Dallas Foundation in response to an expressed interest by women donors who wanted to learn more about their community and its needs, the foundation says.
"Through this program, women philanthropists have the opportunity to gather, learn about the issues affecting our community, the nonprofits addressing those issues and enact real change with their funds," says Dallas Foundation CEO Matthew Randazzo.
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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, Â cannot be tackled by questioning the return on investment.