Charities’ Loss of Trust and Stability Is the True Damage of the Madoff Scandal
Now that nearly a month has passed since news of the Bernard Madoff scam broke, it is time to put the scandal in perspective. Much has been written about the horrific effects on Jewish philanthropy, and how the fraud reaches deep into Jewish nonprofit life. But the real tragedy of the Madoff…
By Gary Tobin
Contributor
Getting Megagifts to the Neediest Causes
Megagifts -- donations of $10-million or more -- are a critical component of American philanthropy. Such donations accounted for more than $29-billion of the donations that charities received from 1995 to 2000, according to “Mega-Gifts in American Philanthropy,” a new report by the Institute for…
By Gary Tobin
Contributor