Hit with declines in funding from the economic crisis and the Madoff scandal, the Planned Parenthood Federation of America is laying off around 20% of its staff.
[snip]
Part of Planned Parenthood’s funding declines stem from the closing of the Florida-based Picower Foundation, which shut down in December because its assets were managed by Bernard Madoff. The $1 billion foundation was one of the few major funders of reproductive rights issues.
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1 Somebody Comment!!!:
Well, 20% is a large part of anything...too bad they didn't reach 100%, though...
I'm surprised to read that the Picower Foundation was "one of the few major funders of reproductive rights issues". Are there really just a few?
...thinking there must be a lot of "non-major" funders, too...
Tominellay
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