Nancy Falchuk

Investigation Clears Hadassah Leaders Of Funds-Misuse Allegations

Staff Writer

Both the current and immediate past presidents of Hadassah have been cleared of allegations that they used organizational assets for personal use.

A committee of the board of directors of Hadassah, together with an outside attorney, Dan Kurtz of the firm Skadden Arps, concluded that no allegation was supported by the facts, according to an Hadassah statement.    

Hadassah to Pay Back $45 Million of Madoff Gains


NEW YORK (JTA) -- Hadassah: The Women’s Zionist Organization of America will pay back $45 million of the money it made in the Bernard Madoff scam.

Hadassah President Nancy Falchuk in a letter Thursday told the organization’s supporters of the settlement reached by the group with the trustee of Madoff’s estate..

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