The just-world fallacy is strongly in play with many comments here. Because those foundations and charities are massively affected by this scandal, there MUST be something they did wrong, right? Surely they should have vetted their donors better? And when making these arguments, we totally forget that people specialising in vetting people, like investment funds, journalists and so on, completely fell for the guy. If you want charities to implement a standard that would have prevented them from taking money from SBF, congratulations, you now have a process that prevents them from taking money from basically any billionaire.