Jordan 23 XX3 Bernie Madoff, Jewish Charities and

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Jewish Donations to Humanitarian Causes
The seventh level is where the donor does not know the recipient he is aiding, and the recipient does not know his benefactor. The act of benevolence is performed without any gain to the donor in stature or recognition.
Much has been written about the effect of Madoff’s Ponzi scheme on the financial health of charities and charity foundations. Online articles range from outward rage to analysis of the implications of the disappearance of more than $50 billion from financial markets.
“The loss of trust and stability that donors and nonprofit groups are experiencing gets to the heart of the real damage Mr. Madoff has done to the American charitable spirit,” the late philanthropist and scholar Gary Tobin wrote in his recent article, "Madoff: Atomic Bomb for Jewish Charities," which was published in The Chronicle of Philanthropy.
In earlier generations (and still evident in traditionally observant homes), counter spaces and windowsills were lined with pushke, or tzedakah boxes,Jordan 23 XX3, for weekly donations. As many can still remember about their grandparents’ homes (particularly if their families had immigrated from Eastern Europe),Nike Air Force 1, there wasn’t one container, but many, and the charities could range from planting trees in Israel to feeding children in impoverished countries.
The charities that lost money – and in some cases were wiped out – relied upon the “unseen” charity donor that either through the pushke can or donation checks were fulfilling Maimonides’ seventh level of charity.
Some of the organizations that lost money through Bernard L. Madoff Investments Securities, LLC were responsible for coordinating support for unemployed or poor individuals in various countries. Others, like Morse Life, in Florida, provided housing and nutritional support for senior citizens and other populations.
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The 12th-century Jewish scholar, Rabbi Moses Maimonides stated that there are eight levels of charity. Each has its merits, but the most benevolent of all is the individual who extends a hand to the poor, either in partnership,Nike Michael Vick, a loan or another act that “strengthens the hand” of the recipient.
Tzedakah is at the heart of Jewish principles,Nike Air Max 97, and a cornerstone of the Jewish religion. Often translated as “Jewish charity,” tzedakah means “justice,” or "righteousness" in Hebrew and is much more than a casual form of benevolence.
According to research conducted by the non-profit Institute for Jewish and Community Research, 25 percent of the largest donations that are received by educational institutions are from Jewish donors. More than 70 percent of grants that Jewish foundations make for humanitarian needs go to non-Jewish causes. Tzedakah as a Jewish ethical and religious principle has a profound effect not only on the survival and success of Jewish charities, but upon the health of North American humanitarian causes in general.
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Tzedakah – Jewish Charitable Giving
Nor is tzedakah limited to Jewish charities or Jewish foundations. The Mishneh Torah, Judaism’s Oral Law, points out in relation to the mitzvah to save a life, that all human life is considered sacred.
What isn’t discussed as often is the ethical and religious implications of Madoff’s actions as they relate to charities and Jewish charitable giving – what is called tzedakah in Judaism.
The Importance of Tzedakah
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