Study Ties Charity’s Board Size to Losses in Madoff Scandal - NYTimes.com: "Study Ties Madoff Loss to Charity’s Board Size
By STEPHANIE STROM
Published: June 24, 2009
A majority of more than 100 foundations that lost 30 percent to all of their assets in the Madoff scandal had four or fewer board members, according an analysis by the National Committee for Responsive Philanthropy, a charity watchdog organization."
Thursday, June 25, 2009
Learning from Madoff: NCRP
Learning from Madoff: NCRP: "Full title: Learning from Madoff: Lessons for Foundation Boards
Published: June 2009
More than 80 percent of foundations that lost between 30 to 100 percent of their assets to Bernard Madoff’s Ponzi scheme had fewer than five trustees serving on their boards."
Published: June 2009
More than 80 percent of foundations that lost between 30 to 100 percent of their assets to Bernard Madoff’s Ponzi scheme had fewer than five trustees serving on their boards."
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