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Wednesday, January 14, 2009

Planned Parenthood Makes Staffing Cuts Amidst 'Madoff' Fallout

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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