Worth Repeating

Some well-known communal figures weigh in on the Madoff affair…

Mark Charendoff, president of the Jewish Funders Network:

“It’s an atomic bomb in the world of Jewish philanthropy; there’s going to be fallout from this for years.”

Gary Tobin, president of the Institute for Jewish and Community Research:

“The Jewish philanthropic world depends on personal relationships and personal solicitations. Many Jewish philanthropies are dependent on high-end donors in very close social and economic networks, and this guy is right in middle of them.”

Avraham Infeld, president of the Chais Family Foundation:

“I don’t think there will be a single institution of Jewish life that will go unaffected. Nobody can sit by the side and say ‘this will pass.’ It’s not going to pass.”

Jonathan Sarna, Professor of American Jewish History, Brandeis University:

“The reduction of billions – not millions but billions – in the Jewish economy means that there is just not going to be enough money to sustain all the institutions and initiatives that have been created.”