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The Cleveland Foundation is the primary Ohio community foundation participating in the Merrill Lynch Community Charitable Fund program.
Donors will be able to use the fund to make gifts of at least $25,000 to local community foundations, and the dollars will be aggregated and managed by investment firms selected by an investment committee representing community foundations participating in the new Merrill Lynch Community Charitable Funds.
We created the Merrill Lynch Community Charitable Fund because the needs of donors have changed," Mr.