Gifts & Giving
Public Commons
Social Ventures
Home » Education, Foundations

News Briefing: Philanthropist Got $1b in Fake Profit, Madoff Trustee Says

By Kate Golden on December 4, 2009No Comment
  • An anonymous group of donors has given more than $12 million to Gann Academy in Waltham, Massachusetts.  [Boston Globe]
  • Over the next five years, 18 artists around the country will receive $50,000 unrestricted grants from the John S. and James L. Knight Foundation.  [New York Times]
  • Trustee Irving Picard accuses Boston philanthropist Carl Shapiro and his family foundation of reaping $1 billion in fictitious profits from Madoff's Ponzi scheme.  [Boston Globe]
  • Harvard Law School suspends a program that would waive tuition for third-year students who pledge to spend five years working for nonprofits or for the government.  [New York Times]
Share This Post
[] [Digg] [Facebook] [LinkedIn] [Twitter] [Email]

Leave a comment!

Add your comment below, or trackback from your own site. You can also subscribe to these comments via RSS.

Be nice. Keep it clean. Stay on topic. No spam.

You can use these tags:
<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>

This is a Gravatar-enabled weblog. To get your own globally-recognized-avatar, please register at Gravatar.


#cgi2010 Allison Fine Barack Obama Beth Kanter Bill & Melinda Gates Foundation Bill Clinton Blogs Case Foundation CauseWired Changing Our World Clinton Global Initiative Corporate Social Responsibility Disasters DonorsChoose Facebook Facebook Causes Flash Causes Fundraising Fundraising Nightmares Giving Pledge GlobalGiving Haiti Hillary Clinton Kiva Lilya Wagner Mario Morino Millennials Non-profit organization Nonprofit NonProfits Philanthropy Planned Giving Politics Ron Paul Skoll Social Actions Social Media Susan Carey Dempsey Susan Raymond Ph.D Tom Watson Twitter United Nations Women YouTube


Philanthropy News

Sites We Like


onPhilanthropy and DotOrgJobs are published by CauseWired Communications, LLC - copyright 1999-2011, all rights reserved.