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Madoff Philanthropy Repercussions

The Bernard Madoff scandal is shaking the foundation world. Every day I read about another charity, philanthropist, or foundation that has been irreparably wounded by this fraud. Follow the link above to The Chronicle of Philanthropy, which has collected coverage by several newspapers around the country to demonstrate the scope of the impact. The world of Jewish philanthropy has been particularly hard hit, of course, because of Madoff’s personal relationships with Jewish donors. See how Madoff-related losses are affecting the Jewish community in the Greater Washington, D.C. area.

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