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In New Brand of Philanthropy, Nonprofits Invest in For-Profits – NYT.com

  BY¬†STEPHANIE STROM   IMPACT INVESTING¬†A private school in Hyderabad, India, is financed by a company set up by Gray Ghost Ventures. When the W. K. Kellogg Foundation set aside $100 million in 2007 to invest in companies that could produce both social and financial benefits, it was considered revolutionary. Historically, major foundations had used …