Full title: Take And Give: The Crimes and Philanthropy of Bank of America, Wells Fargo, Goldman Sachs and JPMorgan Chase
By Sean Dobson
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This report examines the philanthropic claims made by Bank of America, Goldman Sachs, JPMorgan Chase and Wells Fargo to offset bad publicty from their role in the economic meltdown of 2008 and serial law breaking.
Full title: Assessing the Philanthropic Component of a Proposed Bank Merger's Public Benefit
Published: February 2012
With this paper, NCRP urges federal bank regulators to set in place concrete standards to evaluate claims banks make about their philanthropy when seeking approval of proposed mergers and offers the first-ever tools needed to assess these claims. Based on best practices in institutional giving, the paper defines detailed standards of excellence on the transparency, quantity and effectiveness of a bank’s philanthropy.
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View the press release.
Full title: Learning from Madoff: Lessons for Foundation Boards
Published: June 2009
More than 80 percent of foundations that lost between 30 to 100 percent of their assets to Bernard Madoff’s Ponzi scheme had fewer than five trustees serving on their boards. In Learning from Madoff, NCRP research and policy director Niki Jagpal and research assistant Julia Craig examined whether there was any link between board size and diversity, and exposure to Madoff’s fraudulent activities.
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View the tables "Foundations with Possible Exposure to Madoff of 30% or More"
By Number of Board Members and Percent of Assets Possibly Exposed
By Percent of Assets Possibly Exposed and Number of Board Members
Erratum: The correction below is a change that has been made to the report since its initial release on June 29, 2009. This change is also reflected in the revised edition, which is available for free download online.
NCRP corrects the number and names of trustees of the Maryland-based Adler Foundation. On page 2, NCRP corrects the number of foundations listed under bullet 3 from 38 to 39 and 46 to 45. NCRP also corrects these numbers and trustees listed in the corresponding tables. These changes do not influence our findings. All documents can be found online at www.ncrp.org.
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