Foundation Headed by Widow of Madoff’s Largest Beneficiary Grants $104 Million
Barbara Picower, the widow of Jeffry Picower, the largest beneficiary of Bernard Madoff’s Ponzi scheme, has awarded $104 million in grants over two years through a new foundation. The grants from the JPB Foundation have centered on medical research, poverty and the environment, Forbes reported, according to tax returns filed with the Internal Revenue Service….