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Other People’s Money (“OPM”)


The non-profit world is a business. Billions of dollars change hands, the tax write-offs to individuals and corporations are enormous. In an editorial this week, Rob Eshman of the Jewish Journal of Los Angeles writes about an Israeli non-profit that, in the post-Madoff world, finds itself needing to pare down, reduce overhead and cut back in order to survive. “To rebuild, [the organization] is zeroing in on those things it does best, that aren’t replicated elsewhere in the Jewish world.”
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