The Community Foundation for Southwest Washington received a new four-year, $700,000 grant from the Bill & Melinda Gates Foundation. The homegrown philanthropic clearinghouse will consult nonprofit leaders, other local experts and the public to study the issue of poverty then it will regrant the money it received from Gates.
The Community Foundation operates as a clearinghouse, amassing, managing, investing and distributing money to a wide variety of community causes.
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In the world of social enterprises, failure is a cringe-worthy moment nobody wants to talk about. But, social entrepreneurs can benefit from their failures.