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Laredo Area Community Foundation
On October 2004, the first meeting of the Laredo Area Community Foundation was held and they conducted election of officers. The foundation became a member of the U.S.- Mexico Border Philanthropy Partnership due to the Challenge Grant and the board worked to established an office and hire staff. In August 2005, An Executive Director was hired and the office was opened. In October 2005, a reception was held to celebrate the two inaugural donors to the foundation.
Web Address
www.laredofoundation.org
Web Address
www.laredofoundation.org
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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.