New Jersey-based charity Kars 4 Kids lost almost as much money in failed real estate investments in 2010 as it actually spent on programs for children. According to NBC New York, the charity lost $2.5 million investing in an outlet mall project near Outerbridge Crossing on Staten Island and another $2.3 million related to a pair of failed condominiums in Jersey City called View I and View II. An additional $500,000 was lost on a real estate investment in Israel. [more]