Tuesday, December 30, 2008

MoveOn takes on Madoff

MoveOn.org has joined forces with The Open Society Institute and Atlantic Philanthropies to raise funds for several organizations that were ripped off by Bernard Madoff. Here is the full text of the MoveOn letter announcing this effort, MoveOn's website is here:

"Dear MoveOn member,
You've probably heard about how Wall Street financier Bernard Madoff scammed investors out of at least $50 billion.

But you may not have heard that his victims included the foundations that support some really important progressive organizations. Groups that fight for human rights, fair elections and racial justice are getting hit hard—just in time for the holidays. We've worked side-by-side with many of them.

If these groups can't replace the funding that came from investment accounts that Madoff stole, they may be forced to start cutting important projects or, in some cases, even lay off staff.

Can you pitch in $25 or $50 for each of the four organizations we're highlighting below? Our friends at Atlantic Philanthropies and the Open Society Institute will each match every dollar that comes in until January 1! So, for the next three days, your donation of $25 or $50 means $75 or $150 for groups affected by Madoff. If a few thousand of us give together, it can make an enormous difference—and help repair some of the damage Madoff has done. Click here to contribute:

https://civ.moveon.org/donatec4/dec_2008.html?id=15300-14478492-oJNBYIx&t=3

Your end-of-the-year gift will be tax-deductible as if you had made the gift directly to the designated charities; we will forward 100% of your contribution to the organizations you select.

Many organizations have been hit by this crisis. We're highlighting the four that MoveOn has worked closely with over the last few years. Here's a bit about each of the groups:

The Brennan Center for Justice is a nonpartisan institute that focuses on fundamental issues of democracy and justice. Their work ranges from voting rights to redistricting reform to checking presidential power in the fight against terrorism. MoveOn has worked with the Brennan Center closely in the fight for fair elections. Chip in to help them out here.

Human Rights Watch is one of the world's leading independent organizations dedicated to defending and protecting human rights. By focusing international attention where human rights are violated, they give voice to the oppressed and hold oppressors accountable for their crimes. Its rigorous, objective investigations and strategic, targeted advocacy build intense pressure for action and raise the cost of human rights abuse. MoveOn has worked with Human Rights Watch on campaigns to preserve the constitution and protect human rights in America and abroad. Chip in to help them out here.

Advancement Project is a policy, communications and legal action group committed to racial justice founded by a team of veteran civil rights lawyers in 1998. They have pursued critical litigation to protect voters and also support grassroots movements for universal opportunity and just democracy in the areas of education and immigrants' rights. MoveOn has worked with Advancement Project to stop vote suppression, especially among minority folks. Chip in to help them out here.

The Center for Constitutional Rights is dedicated to advancing and protecting the rights guaranteed by the United States Constitution and the Universal Declaration of Human Rights. Founded in 1966 by attorneys who represented civil rights movements in the South, CCR is a nonprofit legal and educational organization committed to the creative use of law as a positive force for social change. MoveOn has worked with CCR to hold President Bush accountable for his unconstitutional acts, from illegal wiretaps to Guantanamo. Chip in to help them out here.

2008 has been an extraordinary year. Together, MoveOn's 5 million members have done so much—and we have a new president and new hope to show for it. But we wouldn't be where we are as a country without a strong movement of interconnected progressive organizations. Let's come together one last time to keep that movement going strong.

Thanks for all you do.
–Eli, Carrie, Ilyse and the entire MoveOn.org Civic Action team"

I also want to draw your attention again to TheyNeedUsNow. The creator of the site is a volunteer, and his comment on this post is a response to some of the discussion about the site that has emerged since I first noted it in the post. Please read it.

I thank him for identifying himself even more explicitly and I continue to applaud his efforts. I also apologize for not being able to identify him myself. I had noted his name on the bottom of the site pages (as he reminds us in his comments) and with a colleague was trying to connect to him through LinkedIn. My own misunderstanding led me to believe he was the webmaster and not necessarily the content creator, something I had hoped to clarify if I had been able to connect with him. He answers those questions and more in his comments.

I applaud these efforts (MoveOn, TNUN, Atlantic, OSI and the Jewish funders and networks that have come together) at supporting nonprofits who were ripped off by Madoff. Here's how I put it earlier:
"If this is the case, then accusing these nonprofits of bad financial management strikes me as holding the person who gets e. coli accountable for the bad sanitation practices of the farmer who grew the tomato on the sick person's sandwich. The farmer may have screwed up, along with the food safety system, distributors and perhaps even the sandwich shop, but the person who got sick did nothing wrong except eat a bad tomato. To hold nonprofits accountable because one of their funders lost money through their investment decisions seems a little farfetched to me."
Yes, there were crooks in our midst - and new laws and regulations may make sense, as would enforcing those that exist and doing the due diligence we all talk about so much. But perhaps we should also think about the differences between what is criminal, what is stupid, and what is bad luck - I tend to think these are questions for each of us as well as philosophers, ministers and rabbis, not just for regulators. I also think Madoff is just one exposed charlatan, with many others also laid bare in recent months and, sadly, more to come. There is plenty of time and room for finger-pointing. I prefer to note and stand with those who are trying to take positive action.

ADDITION: I just found this article from Fortune, about how the redemption patterns of foundation investors may have unintentionally helped Madoff keep his scheme going for longer than "normal" Ponzi schemes. This is only one of many questions being asked about investors' practices and how they played into this whole debacle. See comments here for some others.

Monday, December 29, 2008

Fifty great campaigns/websites/resources mixing technology and giving

http://ping.fm/MuWnK

Wednesday, December 24, 2008

They Need us Now

TheyNeedUsNow is a somewhat* rapid response to the trail of tears left in the wake of the great Madoff Ripoff. Hats off to the folks who pulled this together - whom I can't identify from a quick scan of the site (unsolicited RECOMMENDATION to the site builders: Fix this and identify yourselves so users won't worry about who you are).

Because it is a list of links to websites and paypal donate buttons, I don't think you can get ripped off using this site (Unless of course it is stealing your login info....oy vey). The site also includes a running list of stories on the Madoff case, you can find more information on ripped-off entities here, and my twitter feed contains a lot of news as it happened.

It is a great idea, I hope it is legit. It was also put together fast - the Madoff scandal only came to light @ 10 days ago. Of course, two books on the debacle have already been commissioned so "rapid*" is in the eyes of the beholder.

The price of data


[Photo: Edinburgh University Data Library]

I really was planning on taking a blogging break, but the philanthropy news (scandals) just keeps-a-comin'.

Long time readers know that the role, value, access to, and use of data in philanthropy and public problem solving are some of my key interests. It's a major theme in my last book, an organizing principle for a wiki I plan to launch in 2009, the core of a coming book. I just did a little search and found that "data" and "knowledge" are two of the most used tags on this blog.

And now, there is a price tag I can hang on data. Or at least the data held by one foundation. The price tag? $38 million. That's a pretty hefty sum in and of itself. It is even more impressive in light of this particular foundation's 2007 990 report which shows $16 million in assets.

How do I know how much these data are worth? Because Pfizer was just ordered by a court to pay $38 millions for stealing the foundation's data.

What happened? According to news reports, the Ischemia Research and Education Foundation and Pfizer were engaged in protracted negotiations to develop a data sharing agreement. These negotiations fell apart. Apparently, Pfizer instead entered into an agreement with a foundation staff person to get access to the Foundation's clinical trial database. The company claims its actions were legal, and it's just stuck between an employee and his former employer. The Santa Clara County Court didn't agree, and fined Pfizer $38 million for stealing trade secrets.

There you have it. I've been saying it for years, data matter. And they are very, very valuable.