Ponzi Schemes Claim Another Charity as a Victim, This Time in Washington, DC

altBernie Madoff may be in jail, but half-pint imitators are still out and about pitching absurdly far-fetched investment strategies to unsuspecting charitable investors. A $27 million Ponzi scheme preying on individuals, churches, and charities in the District of Columbia has cost a two-centuries-old children’s charity half of its $16 million endowment.

Wal-Mart and DC Swap Charitable Giving for Big Box Store Approvals: Is This OK?

altWal-Mart and the Washington, DC government have signed an unenforceable “community benefits agreement,” under which Wal-Mart would build as many as six big box stores in return for making some purported hiring and contracting concessions. One of the purported concessions is a commitment to make $21 million in charitable contributions. Can the District be bought so cheaply, or is this a good deal for DC—or any city, for that matter?

If “Jury Is Still Out” on Teach for America— Why the Massive Investment?

altTeach for America has almost iconic status within the federal government, receiving lots of federal money for its programs. But some experts say that the jury is still out on TFA, and TFA’s own data on its performance because of “flaws” in its data-collection system. Is this evidence-based performance that warrants tens of millions in federal grants?

Nonprofit Quarterly | Civic News. Empowering Nonprofits. Advancing Justice.
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