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."

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