Madoff Fraud Sinks JEHT Foundation

The up to $50 billion fraud perpetrated by Wall Street’s Bernard Madoff has hurt a number of charitable foundations, Reuters reports.

According to Reuters, one of them is the JEHT Foundation which “said it will close next month because its donors, Jeanne Levy-Church and Kenneth Levy-Church, were investors in the Madoff business.”

JEHT is a reliable funder of left-wing causes. According to foundationsearch.com, JEHT has given $72,159,020 in grants since 2000.

We found some of JEHT’s most odious grantees. It gave $4,256,600 since 2001 to the Tides Foundation and its affiliates.

It gave $839,500 since 2002 to the anti-American law firm Center for Constitutional Rights. It gave $55,000 since 2002 to the Alliance for Justice, a group that distorted judges’ records in an effort to block their elevation to higher courts.

JEHT Foundation also gave $250,000 in 2003 to the ACORN affiliate, American Institute for Social Justice.

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