The Technion has announced a NIS 25m. hit due to investments placed with Madoff (through the American Technion Society). Putting a positive spin on the loss, they say "this is a negligible sum, relative to the Technion's overall portfolio." Meanwhile, the Council of Higher … [Read more...] about Technion Loss from Madoff: NIS 25m
Jewish Philanthropy. Chronicled.
This past week’s news that Wall Street trader Bernard Madoff--perhaps the world’s most successful Ponzi scheme operator of all time—had finally self-imploded, severely hurting some of the most philanthropic people and respected organizations in our Jewish community. The colla … [Read more...] about Memo to the File: Reputation is All You Have
The Israeli nonprofit community is shell-shocked this morning as the fallout continues from Madoff's alleged scam. Yesterday, The Chais Family Foundation, established in 1985, announced it is closing its doors. Dedicated to the advancement of Educational Excellence in Israel and … [Read more...] about Chais Family Foundation Closes
Here are some articles you may find interesting posted to our Resources section yesterday. First Steps in Social Networking for Nonprofits Nonprofits looking to start using social media as a marketing tool will find a wealth of sound advice online, but putting the pieces … [Read more...] about Resources Update
It's not yet three months since the PresenTense organization opened their first year-round Jerusalem space - and they are already making a significant impact. As co-founder Aharon Horwitz so eloquently told us at dinner Shabbat eve (see below), not only have they created an all … [Read more...] about The Community Hub: Pushing the Envelope