Caught up Quote by Bryant Terry
“I got a call one morning from Oran Hesterman, who was the president of the Fair Food Foundation, saying that the Fair Food Foundation was shutting down effectively as of that day, because they'd been caught up in the Madoff scandal. It affected me because the fellowship that I had was actually funded in part by the Fair Food Foundation. That meant that my fellowship was pretty much null and void.”
About This Quote
Source Interview: Podcast "Food for Thought", 2015
The speaker describes losing funding due to a foundation’s collapse tied to a financial scandal, leaving his fellowship effectively canceled.
In simple terms: His scholarship was nullified because the foundation was implicated in fraud.
Key Takeaway
Check funding sources for stability.
Themes
finance
ethics
career
uncertainty
Mood
anxious
reflective
Type
cautionary
informative
When to use this quote
- grant applications
- career planning
- risk mitigation
- contingency budgeting
Key Concepts
nonprofit governance
financial risk
scholarship funding
Questions to Reflect On
- How can scholars protect themselves from donor instability?
- What alternative funding strategies exist?
A Different Perspective
Even reputable donors can be vulnerable to fraud, jeopardizing dependent projects.
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