1.0 link 222270 <![CDATA[Madoff Scandal Proves That Foundations Need Stronger Leadership]]> http://www.huffingtonpost.com/aaron-dorfman/madoff-scandal-proves-tha_b_222270.html There were more than 100 charitable foundations that lost a combined total of more than $2 billion to Bernie Madoff and his Ponzi scheme. These are funds that were intended to serve the public good and cannot be replaced.

The blame for this rests overwhelmingly with Mr. Madoff, who cleverly and willfully deceived thousands of investors, including foundations that had been established by generous donors seeking to give back to their communities. Mr. Madoff is scheduled to be sentenced on June...

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