Wednesday, January 7, 2009
The Stephen & Melinda Gates Foundation
You read that right, I finally have a way to talk about philanthropy AND The Colbert Report!
In classic Colbert satire, he makes fun of the Madoff Ponzi scheme by reporting his own charity's endowment, The Stephen & Melinda Gates Foundation, was invested by Merdoff. According to Colbert, "Before this scandal broke, my nonprofit was making huge profits .... The worst part: we were just weeks away from finding a cause."
Watch the entire episode (which is full of laughs) or just the first 5 minutes for the Madoff story.
You can learn the whole thruthiness about the Foundation here.