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News Briefing: For Investing With Madoff, Private Foundations Could Face Tax Fines

By Kate Golden on February 13, 2009No Comment
  • An I.R.S. study finds that nonprofit hospitals vary widely in the amount and type of charitable benefits they provide.  [New York Times]
  • Foundations that invested with Bernie Madoff may be socked with sizable finds for failing to exercise sound judgment.  [New York Times]
  • Public and private schools in Michigan, Ohio, New York, and Virginia have set up emergency relief funds aimed at keeping students in school.  [Associated Press]
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