In 2006, the foundation invested another $6.9 million aimed at helping the program duplicate its arts and technology programs.
With a new willingness to take chances, foundations invested millions of dollars.
The foundation invested the money.
Additionally, the foundation had invested its employees' 401(k) fund with Madoff, all of which was presumed lost.
The foundation invests and administers these funds.
Grants are geared to a foundation's wealth, and foundations invest heavily in stocks.
The foundation invests that money and uses the income generated for its gifts.
Furthermore, the foundation invests in fine art which is being exhibited at art museums in Norway.
The foundation invests the assets that it has not yet distributed, with the exclusive goal of maximizing the return on investment.
The foundation reportedly invested $1 billion with Madoff.
