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Picower Foundation

Madoff Scandal Still Hurting Charities On Year Later

AP | DAVID B. CARUSO | Posted 05.25.2011 | Business

NEW YORK — Nancy Falchuk will never forget the phone call. She was in Boston, it was raining and the news was bad. Hadassah, the century-old Jew...

Irving Picard Fights To Recover Madoff Money (SLIDESHOW)

Huffington Post | Ryan McCarthy | Posted 05.25.2011 | Business

While the SEC did nothing for years as Bernard Madoff ripped off billions from his clients in one of the world's largest ponzi schemes, the trustee pu...

Madoff Swindle Does Significant Damage To Reproductive Rights Organizations

Salon | Nancy Goldstein | Posted 05.25.2011 | Style

For all the ink that's been spilled on the Madoff investment scandal, I've read nothing about its impact on funding for progressive women's causes -- ...

Shaky Foundations & Bernie Madoff

Marc Gunther | Posted 05.25.2011 | Business
Marc Gunther

Nonprofits and foundations have to pay a lot more attention to how and where their money is invested. They can't just be responsible donors. They need to be responsible owners as well.