Search results for: Madoff

By RACHEL BECK NEW YORK (AP) - Nonprofits that are struggling because their donors lost money with Bernard Madoff are getting a bailout -- but not from the government. Richer foundations are stepping in to help. Human Rights Watch, The Center for Constitutional Rights and others are…

Original Source The National Committee for Responsive Philanthropy and Independent Sector are Atlantic grantees. by Aaron Dorfman, Executive Director of the National Committee for Responsive Philanthropy There were more than 100 charitable foundations that lost a combined total of more than $2 billion to Bernie…

Original Source Two big foundations have teamed up to assist civil-rights groups and legal-aid organizations that have lost donors due to the alleged financial scheme of Bernard Madoff. The Atlantic Philanthropies and Open Society Institute have pledged to match as much as $300,000 in donations…

Many groups and organizations working for social change and human rights have been hit hard by the Bernie Madoff scandal. Many of these groups will have to shut down programs, lay off staff or close their doors if they are unable to replace the funding…

Grant recipients are still reeling from the closure of two big foundations entangled in the Madoff scam. By Ben Gose. Amid the difficult environment for charities, groups that focus on causes like human rights, criminal justice, and reproductive health are enduring an especially grim period,…

The intensifying economic crisis slams the world of nonprofit organizations. Original Source By Eyal Press In the days between Christmas and New Year's Eve, Anthony Romero, executive director of the American Civil Liberties Union, sat at his desk in Lower Manhattan and reached out to people…

A Harlem Education Project That Won Big Corporate Backing Now Faces Cutbacks as Donors Close Their Wallets Original Source By MIKE SPECTOR NEW YORK -- Geoffrey Canada has spent decades building a strategy for saving poor children from crime-ridden streets and crumbling public schools. His…

Are foundations with set periods for spending down their assets more effective as grantmakers than their peers who are established to exist in perpetuity?

Original Source by Gara LaMarche Americans are all too familiar with the ups and downs of the tech, housing, and stock-market bubbles. Now we are learning that there has been a "nonprofit bubble," too. The nonprofit world grew rapidly as a result of generous giving…

Original Source By Lauren Foster Ann Beeson has tackled some tough issues in her career as a human rights advocate and litigator, including challenging the National Security Agency's illegal surveillance of Americans without a warrant and the constitutionality of the Patriot Act. Now, as executive…