The Chronicle of Philanthropy

Sowing Seeds of Doubt

Charity's plan to raise money through property deals falters

By Peter Panepento

When Quebecor World closed its 685,000-square-foot printing plant in Salem, Ill., in 2002, it left a huge hole in the small city's economy.

More than 800 jobs were gone. A signature industrial building was left vacant. A city with fewer than 9,000 residents lost an anchor business.

But...

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