“If its’ too good to be true…”

yoav@negevdirect.com 01/13/2009 "Need to Know" for Jewish non-profits, U.S. Economy
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Among some of the projected fall outs in the Jewish non-profit world as a direct result of the Madoff scandal:

1. Possible mergers. Mergers of working space, staff, and even mergers of entire non-profits.

2. The Streamlining of services to pair down to the true essential missions of a given non-profit.

3. There is also the possibility that some redundant non-profits will be pushed out and in a sense, forced to close shop.

What can we learn from the Madoff scandal you ask? You’ve heard it before but here it is again…

“If its’ too good to be true, it probably is!”

Yoav

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