Foundations help nonprofits hurt in Madoff affair - SGVTribune.com

Foundations help nonprofits hurt in Madoff affair - SGVTribune.com: "Foundations help nonprofits hurt in Madoff affair
By RACHEL BECK, The Associated Press
Posted: 01/10/2009 05:07:58 PM PST

NEW YORK - Nonprofits that are struggling because their donors lost money with Bernard Madoff are getting a bailout - but not from the government. Richer foundations are stepping in to help.

Human Rights Watch, The Center for Constitutional Rights and others are already slated to receive more than $1 million in help from philanthropies and donors who share their interests."