Ford Foundation

Ford Foundation, East 43rd Street, New York, NY, United States


established Established :

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The Ford Foundation is a New York headquartered, globally oriented private foundation with the mission of advancing human welfare. Created in 1936 by Edsel Ford and Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. By 1947, after the death of the two founders, the foundation owned 90 percent of the non-voting shares of the Ford Motor Company. (The Ford family retained the voting shares.) Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company. For years, the foundation was the largest, and one of the most influential foundations in the world, with global reach and special interests in economic empowerment, education, human rights, democracy, the creative arts, and Third World development. The foundation makes grants through its headquarters and ten international field offices. For fiscal year 2014, it reported assets of US$12.4 billion and approved US$507.9 million in grants. The grants support projects that focus on reducing poverty and injustice; promoting democratic values; and advancing human knowledge, creativity and achievement. ^ "Leadership: Officers". Ford Foundation. Retrieved 2014-05-14. ^ "The Ford Foundation Financial Statements As of December 31, 2014 and 2013" (PDF). Ford Foundation. 12 June 2015. Retrieved 2015-10-28. ^ "The Ford Foundation (Grants)". Urban Ministry: TechMission. Retrieved 26 May 2013. ^ a b "History: Overview". Ford Foundation. Retrieved 2014-05-14. ^ Walsh, Evelyn C.; Atwater, Verne S. (9 August 2012). "A Memoir of the Ford Foundation: The Early Years". The Foundation Center: Philanthropy News Digest. Retrieved 2014-05-14. ^ "Development Studies: Foundations & Philanthropies". Wellesley College. Retrieved 2014-05-14. ^ Dietrich II, William S. (Fall 2011). "In the American grain: The amazing story of Henry Ford". Pittsburgh Quarterly. Retrieved 2014-05-14. ^ "The Ford Foundation History". Funding Universe. Retrieved 2014-05-14. ^ "Regions". Ford Foundation. Retrieved 2014-05-14. ^ "The Ford Foundation Financial Statements As of December 31, 2014 and 2013" (PDF). Ford Foundation. 12 June 2015. Retrieved 2015-10-28. ^ "Grants". Ford Foundation. Retrieved 2014-05-14.

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