The Oak Park-River Forest Community Foundation awarded $228,000 in grants to 21 nonprofits in Chicago's west Cook County this month, the Chicago Tribune reports.
The grants are intended to advance the Foundation's "strategic priorities of addressing education; health care; mental health; wealth and representation; and safety and housing through a race and equity lens," according to a press release.
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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.