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  • Hadassah reaffirms its mission and announces restructuring plan

    Hadassah has had a busy run the past couple of weeks. After instituting significant layoffs as part of a restructuring that was pushed forward by the difficualt economy, the organization held its national board meetings in Atlanta. The organization used the board meetings to expalin explicitly that it is in the midst of a restructuring… More ▸

  • The Madoff effect and Hadassah’s layoffs

    This is the Madoff effect: After announcing that it took a massive loss in the Bernard Madoff Ponzi scheme, Hadassah confirmed Wednesday it was laying off a quarter of its staff. (Check out my story here.) The layoffs were not the result of the loss of the $40 million Hadassah had in Madoff’s firm, nor… More ▸

  • Hadassah addresses Madoff investments

    Hadassah, which lost $90 million in Bernard Madoff’s Ponzi scheme, sent out an e-mail to its board members Monday that offers some details about how the organization became involved with Madoff and how exactly it’s been hurt. According to the e-mail, which was signed by Hadassah’s president, Nancy Falchuk, the organization first invested with Madoff… More ▸

  • Hadassah says it lost $90 million in Madoff scandal

    Hadassah, the Women’s Zionist Organization of America, announced that it had lost $90 million with Bernard Madoff. “We are currently in the process of investigating the exact amounts and their impact, but it appears that at the time of his arrest, Hadassah had approximately $90 million invested with his firm,” the organization said Wednesday in a… More ▸

  • Hadassah Adopts $9, 840, 000 Budget; Mrs. Jacobson Named President

    A resolution urging the United States Government to make sure than no American aid is used to advance preparations for aggressive war was adopted here today by the 50th annual convention of Hadassah, the women’s Zionist organization of America. The measure was clearly aimed at withdrawal of U. S. aid to Arab states preparing for… More ▸

  • Hadassah Annual Convention Hears Details of Organization’s Medical Program in Israel

    The details of Hadassah’s expanding medical program in Israel were reported to the delegates at the 35th annual Hadassah convention here today by Mrs. Samuel J. Rosensohn, chairman of the medical committee. She revealed that the organization is taking over the administration of a 100-bed children’s hospital at the Rosh Haayim camp, north of Tel… More ▸