Making an impact in places that don't exist

Peninsula Community Foundation and Community Foundation Silicon Valley, two of the nation's most well recognized community foundations - despite the fact that each is named after a place that you can't find on a map - are merging. The story is here. Based on the headline, all that matters is how much money the combined entity would have.

Anybody wonder or care about whether or not one organization will do positive things for these communities that two entities weren't doing? Couldn't do? Wouldn't do?