12 March 2009

Madoff Affect

Welcome back.

Today, Bernie Madoff pled guilty for some outrageous criminal behavior related to other peoples money. This will have a deleterious affect on anyone who is in a business that requires trust and transparency. Fundraisers who raise money for very many worthwhile causes may be looked at with a more wary eye in the Madoff aftermath.

Nonprofits should practice transparency in their reporting far beyond what is merely required in difficult time such as these. Donors should pay attention to where their dollars are donated and invested into projects, programs and organizations that make communities and the world a better place.

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