April 18, 2012
Hadassah, the Women's Zionist Organization of America, is pleased to receive from the independent committee of the Board of Directors of Hadassah the results of its review of the allegations by Larry Blum, Hadassah's Chief Operating Officer, who is on a leave of absence.
Dan Kurtz, of the law firm of Skadden, Arps, Slate, Meagher & Flom LLP, who conducted the investigation on behalf of the committee stated that, "The committee's investigation was in-depth and thorough. After performing an extensive investigation, the conclusion the committee reached regarding the Blum allegations was that none of them were supported by facts. No volunteers, including Marcie Natan and Nancy Falchuk, breached any fiduciary duties owed to Hadassah in connection with the allegations. Hadassah does not need to take further action with respect to the Blum allegations."
We are happy that Marcie Natan and Nancy Falchuk, along with Hadassah, can put this matter in the past and can move forward with the important mission of education, teaching, and healing that has been the core of Hadassah's work. We look forward to celebrating Hadassah's 100 years of humanitarian efforts in October 2012 in Jerusalem and to our second century.
We are pleased with the conclusions of the committee and we are thankful to everyone for standing by us during this time.