2011 off to a bad start for nonprofit trust

UPDATED: May 9 2011 - a class action lawsuit alleging fraud has been filed against Greg Mortenson and CAI.

UPDATED: May 6, 2011 - According to the LA Times, the IRS will investigate the Kabbalah Center, a Los Angeles-based nonprofit associated with pop singer Madonna, for tax evasion.

It's only May and so far in 2011 we've had the Fiesta Bowl scandal, a political takedown of Muhammed Yunus, the revelation of Bristol Palin's spokesperson pay "imbalance," and Three Cups of ... Questions about Central Asia Institute and Greg Mortenson.


All said, not such a good year for trust in nonprofits.

Tags: philanthropy, #mortenson, #fraud, #trust, #b2012, scandal