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The Chronicle of Philanthropy
Managing
From the issue dated December 23, 2008

FOUNDATIONS AND CHARITIES THAT LOST INVESTMENTS IN THE MADOFF SCANDAL

Foundations
Picower Foundation
$958-million
JEHT Foundation
 Distributed $20- to $30-million per year
Chais Family Foundation
$178-million
Carl and Ruth Shapiro Family Foundation
$145-million
Wolosoff Foundation
$38-million
Elie Wiesel Foundation for Humanity
$37-million
Madoff Family Foundation
$19-million
Jewish Community Foundation of Los Angeles
$18-million
Frank Lautenberg Family Charitable Foundation
$13-million
Jewish Federation of Greater Washington
$10-million
Robert I. Lappin Charitable Foundation
$8-million
Julian J. Levitt Foundation
$6-million
Arthur I. and Sydelle F. Meyer Charitable Foundation
$3.7-million
Betty & Norman F. Levy Foundation
 n/a
Mortimer B. Zuckerman Charitable Remainder Trust
 n/a
Fair Food Foundation
 n/a
Phileona Foundation
 n/a
Charles and Candice Nadler Family Foundation
 n/a
Wunderkinder Foundation
 n/a
Rockit Foundation
 n/a
Charities
Yeshiva University
$110-million
Hadassah, the Women's Zionist Organizations of America
$90-million
Tufts University
$20-million
Ramaz School
$6-million
North Shore-Long Island Jewish Health System
$5.7-million
Maimonides School
$3-million
SAR Academy
$1.2-million
MorseLife
 n/a
Technion-Israel Institute of Technology
 n/a
Note: Figures are not yet available for all the organizations that have said they lost money because they invested with Bernard Madoff.
 
Copyright © 2008 The Chronicle of Philanthropy