The Ford
Foundation
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The Ford
Foundation is a private, non-profit, philanthropic organization
chartered in the United States to be a resource for innovative
people and institutions worldwide. Our goals are to:
-
Strengthen
democratic values,
-
Reduce
poverty and injustice,
-
Promote
international cooperation, and
-
Advance
human achievement.
This has
been our purpose for almost half a century.
The
fundamental challenge facing all societies is to create political,
economic and social systems that promote peace, widespread human
achievement and sustainability of the environment on which life
depends. We believe that the best way to meet this challenge is to
encourage initiatives by those living and working closest to where
problems are located; to promote collaboration among the
non-profit, government, and business sectors; and to assure
participation by men and women from diverse communities at all
levels of society. In our experience such activities help build
common understanding, enhance excellence, enable people to improve
their lives and reinforce their commitment to society.
The Ford
Foundation is one source of support for these initiatives. We work
mainly by making grants or loans which build and share knowledge,
support experimentation and promote individual and organizational
development. Since our financial resources are modest in comparison
to each society's needs, we focus on a limited number of problem
areas and program strategies within our broad goals.
Founded in
1936 in the United States, the Foundation operated as a local
philanthropy in the state of Michigan until 1950, when it expanded
to become a national and international foundation. Since its
inception the Foundation has provided over US$8 billion in grants
and loans. These funds derive from an investment portfolio that
began with gifts and bequests of Ford Motor Company stock by Henry
and Edsel Ford. The Foundation no longer owns Ford Motor Company
stock, and its diversified portfolio is managed to provide a
perpetual source of support for the Foundation's programs and
operations.
The Trustees
of the Foundation set policy and delegate authority to the
President and senior staff for the Foundation's grant making and
operations. Program officers in New York and in the offices in
Africa and the Middle East, Asia, Latin America, and Russia,
explore opportunities to pursue the Foundation's goals, formulate
strategies, and recommend proposals for funding.
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