Well, I agree with you.

They gave their silver membership seal (aka license of Trust and Promotion) to several sites, but when users got scammed, they did nothing.
For example: Inputs.io  https://bitcointalk.org/index.php?topic=253675.0
It's still there : https://members.bitcoinfoundation.org/current

Oh btw, platinum member (mtgox) is not on the list anymore.


Ps: Someone really needs to edit wikipedia 
http://en.wikipedia.org/wiki/Bitcoin_Foundation (The Bitcoin Foundation is a charitable foundation) Charitable??