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The Madoff Fraud:Scam of the Century
Minnesota foundations on Swindler\'s list

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A number of Minnesota-based private foundations that have given generously to Je...

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A number of Minnesota-based private foundations that have given generously to Jewish institutions apparently have lost most or all of their assets in the Bernard Madoff investment scam. Nicholas D. READ MORE
http://www.minnpost.com/stories/2009/02/05/6473/madoff_scam_wipes_out_...
Notable Minnesota foundations included in list of Madoff investors hileona Foundation — possible loss of entire $54.5 million in assets; contributed $350,000 to Minneapolis Jewish Federation in 2007; also contributed $103,000 to Temple Israel, Minneapolis, and $50,000 to Sholom Community Alliance; • Broms Family Foundation — possible loss of $1,678,427, out of $2,005, 612 in total assets; contributed $125,000 to the Federation; • Charles and Candice Nadler Foundation — possible loss of nearly all of $540,000 in total assets; contributions to a variety of Jewish agencies and synagogues; • Moscoe Family Foundation — possible loss of about $700,000 in total assets; contributed $58,000 to Federation; and • Steven C. and Susan L. Fiterman Foundation — possible loss of entire $2 million in assets; contributions to a variety of Jewish organizations and synagogues.
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