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Feeling the Loss

Resource type: News

The Chronicle of Philanthropy | [ View Original Source (opens in new window) ]

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, as two of the biggest grant makers to such causes were forced out of business by the Bernard L. Madoff fraud.

Read the full article on The Chronicle of Philanthropy’s website. Paid subscription required.