Case in point, Madonna put up $11MM to start a school for girls in Malawi. It has been abandoned after they spent $3.8MM on nothing:
"Despite $3.8 million having been spent by the previous management team, the project has not broken ground, there was no title to the land and there was, over all, a startling lack of accountability on the part of the management team in Malawi and the management team in the United States,” he said. “We have yet to determine exactly what happened to all of that $3.8 million. We have not accounted for all the funds that were used."
At least here, with a direct line between the financier and the project, it was stopped. If it were US federal money it would be considered 'stimulus', and thus a success.