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Charity Bank nets foundation cash
By Helen Warrell, Third Sector, 9 January 2008
Charity Bank has received £500,000 in its first investment from a community foundation.
The Community Foundation for Northern Ireland will not receive a financial return on the investment, but instead will claim a 'social dividend'. This will include help from the bank to develop staff expertise in community assets. The grant-making foundation hopes the investment, which is funded from its £16m endowment, will...
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