casualties of Wall Street

I had written the following post last night, and today the same story is on the front page of the New York Times. …

CIRCLE once received a smallish grant from the JEHT Foundation (which stands for Justice, Equality, Human Dignity, and Tolerance). JEHT funded lots of other work in the areas of criminal justice and fair elections. Alas, its donors’ funds were managed by Bernard L. Madoff, the alleged Wall Street swindler. The funds are gone and JEHT has closed, apparently forever.

I serve on the board of several nonprofits and I work (in various ways) for several more. Almost everyone who holds a management position in one of these organizations is cutting programs or even laying people off. I have no solutions, forecasts, or advice, but I feel this blog should reflect the main reality of our field right now.