JEHT Foundation
| Type | grant-making nonprofit foundation |
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The JEHT Foundation was a grant-making nonprofit foundation based in New York City. The Foundation’s name was an acronym that stood for the core values that underlaid the Foundation's mission: "Justice, Equality, Human dignity and Tolerance." The Foundation's programs reflected these interests and values.
About the Foundation
The Foundation had four primary areas of interest:
- Transformation of U.S. criminal justice policies and practices
- Expansion of the role of international justice and the rule of law both at home and abroad
- Making the electoral system in the United States fairer, more effective and responsive to all Americans
- Expansion and strengthening the use of palliative care in a variety of health care settings in the U.S.
Closure
On 15 December 2008, the Foundation announced it was halting all grant-making effective immediately, and would wind down operations by the end of January 2009. This was a result of the Foundation losing the bulk of its endowment which had been invested in the illegal Ponzi scheme run by Bernard Madoff, who was arrested in December 2008 for securities fraud. The funds of its donors, Jeanne Levy-Church and Kenneth Levy-Church, were managed exclusively by Madoff's investment advisory business.[1]
References
- ↑ http://news.yahoo.com/s/ap/20081220/ap_on_bi_ge/madoff_scandal_charities "Two More Charities Announce Closing Due to Madoff" AP via Yahoo News (December 20, 2008)
See also
- International Criminal Court
- International Law
- United States Presidential Election
- Palliative Care
- List of investors in Bernard L. Madoff Securities