It’s not about punishing children for their parents. First of all, it’s fairly safe to assume that the same mistakes would continue within the institution. But mainly, it makes no logical sense to say that if someone does a good enough job of keeping their crimes secret, then they get off scott-free after a certain point. There never should have been a statute of limitations for this particular crime.
Prioritizing the protection of the institution and its image over the victims as a policy is an institutional problem, not an individual one. And, many of you seem to agree with this type of policy, at least subconsciously. The Catholic church scandal came to public attention after a lot of the abuses had taken place, because they had succeeded in suppressing the truth to protect their yeshiv… err churches… You think that if they cover it up for a certain number of years they should have no liability? Or, you just think that enablers should never have any liability in the first place?