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Charities' Loss of Trust and Stability Is the True Damage of the Madoff Scandal
Publication Date: January 2009
Publisher(s): Chronicle of Philanthropy
Author(s): Gary A. Tobin
Series: Chronicle of Philanthropy vol.21, issue 06
Special Collection: Berman Jewish Policy Archive
Topic: Banking and finance (Philanthropy and nonprofit sector)
Keywords: Jewish Organizations; Fundraising and Philanthropy; Organizational Development
Type: Brief
Coverage: United States
Abstract:
The author evaluates the scope and impact of the Madoff scandal on philanthropy. He looks at the fiscal impact, together with the less tangible but equally significant loss of trust. The author also emphasizes the reach of Jewish giving beyond the Jewish community.