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The Bottom Line: McDonnells step up for St. Louis
COMMUNITY ASSET: The McDonnell family has redirected its foundation, with about $500 million in assets, to causes that will help economic and workforce development in the St. Louis area. David Nicklaus and Jim Gallagher predict that the move will provide a significant boost to the regional economy.
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Nicklaus: McDonnell Foundation's shift could give St. Louis a 'massive' boostMcDonnell family switches from funding worldwide research to backing regional economic development
