http://southasianphilanthropy.org/2008/12/23/vetting-charities-for-financial-stability/ Inspiring giving and community engagement across North America… Tue, 01 May 2012 19:26:30 +0000 hourly 1 http://wordpress.com/ http://southasianphilanthropy.org/2008/12/23/vetting-charities-for-financial-stability/#comment-279 Sun, 29 Mar 2009 13:44:42 +0000 http://southasianphilanthropy.org/?p=428#comment-279 [...] but the Madoff scandal’s impact on private foundations (which we’ve written about here), and the feeling among some donors of being ‘tapped out’ after the presidential [...]

]]> http://southasianphilanthropy.org/2008/12/23/vetting-charities-for-financial-stability/#comment-62 Tue, 06 Jan 2009 10:45:41 +0000 http://southasianphilanthropy.org/?p=428#comment-62 MoveOn.org did an e-mail to raise funds for charities whose funding was in danger because of the Madoff scandal: http://philanthropy.blogspot.com/2008/12/moveon-takes-on-madoff.html. I think it’s great to support charities who relied on grantmakers that were taken down by Madoff. I’m left wondering where the IRS was in all this, though, since there are rules for private foundations to adhere to regarding so-called “jeopardizing investments”…

]]> http://southasianphilanthropy.org/2008/12/23/vetting-charities-for-financial-stability/#comment-53 Wed, 24 Dec 2008 11:45:19 +0000 http://southasianphilanthropy.org/?p=428#comment-53 Asian American giving did a good post about this topic as well (http://www.asianamericangiving.com/2008/12/the-ramifications-of-madoffs-scandal-on-one-charity.html), and profiled the JEHT Foundation, which has done a lot to support human rights around the world. JEHT, along with several other private foundations, is going under because of the Madoff scandal. While it is a tragedy that individuals and families have lost everything because of Madoff, I think it’s even sadder that the excellent work of foundations like JEHT will have to come to a halt.

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