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Ford Foundation Annual Report 1971







when it first received Foundation assistance. The conservancy's primary instrument is a rotating fund from which local chapters or other environmental groups borrow in order to buy land. This year the loan fund was augmented by a $600,000 Foundation grant, to be matched four-to-one from other private sources. Besides the land thus acquired, the conservancy also uses options and sales contracts to hold other important parcels. Eventually the acreage saved is taken over and maintained by public or private nonprofit agencies.

STATE, LOCAL, AND REGIONAL GOVERNMENT

Efforts were assisted to provide states and localities with more skilled personnel and with the informed analysis necessary for effective planning and delivery of government services.

The National Civil Service League received $307,000 for a national campaign to make state and local personnel systems more responsive to the needs of the disadvantaged, fill critical shortages, recruit more talented men and women, and improve collective bargaining.

One of the leading university-based centers for work in practical politics and government is the Eagleton Institute of Politics at Rutgers University. The institute this year received $365,000 in final support of fellowships geared to the problems of state government, and for a two-year program to improve the performance of selected state legislatures through training, research, and technical assistance. Also established under the grant was the Center for the American Woman in Politics. It will examine how women's involvement in the political process has been affected by such factors as college education, family planning, and employment.

The Foundation continued to assist regional approaches to governmental problems. The National Area Development Institute, established with Foundation help a year ago as part of Spindletop Research, received a grant in 1971 for an assessment of such examples of regional cooperation as the Delaware River Basin Commission and

PROGRAM-RELATED INVESTMENTS are principal funds invested in socially important enterprises in various fields of Foundation interest. The first column shows total amounts approved, and the second the amount loaned, invested, or guaranteed as of September 30, 1971. The fiscal year of approval appears after the name of each recipient.

Total Approvals Invested or Guaranteed
COMMUNITY HEALTH CENTERS
Community Health Care Center Plan, Inc. (New Haven)—1970
Note, 4%, September 1975 $1,000,000 $925,000
Harvard Community Health Plan, Inc.—1970
Note, 5%, October 1974-79 600,000 600,000
MINORITY BUILDING CONTRACTORS PROGRAMS
Minority Contractors Assistance Project, Inc.—1970
Guarantee, June 1986 1,500,000 1,500,000
Trans-Bay Engineers & Builders, Inc. (Oakland, Calif.)—1970
Notes, 4%, April 1974-76 400,000 400,000
MINORITY ENTREPRENEURSHIP
All-Pro Enterprises, Inc.—1969
National food franchise business Common Stock 250,000 250,000
Cheetah Charter Bus Service Co., Inc. (New York)—1970
Note, 6%, April 1974-81 160,000 90,000
CEDCO Capital Corporation (Chicago)—1971
Venture capital for minority business 600,000
Coalition Venture Corporation (New York)—1971
Venture capital for minority business Notes, 4½%, February 1977-78 500,000 500,000
Ebony Development Corporation (Baltimore)—1969
Purchase of food stores 100,000
Guarantee, August 1974 50,000
Certificates of deposit, 5%,—1971 50,000
Feedinco, Inc.—1970
Food service for black colleges 270,000
First Harlem Securities Corporation—1971
Minority-owned securities brokerage Note, 8%, January 1976-81 200,000 50,000
Funds for Self-Enterprise (Cincinnati)—1969
Loan pool for minority business Guarantee, March 1976 300,000 300,000
Inner-City Business Improvement Forum (Detroit)—1969
Note, 4½%, July 1974 500,000 500,000
Mecco Enterprises, Inc. (California)—1969
National magazine for black women Notes, 8½%-10%, March 1970, September 1971 100,000 100,000
Minority Equity Capital Co., Inc.—1971 750,000
Our Markets, Inc. (Philadelphia)—1970
Note, 8%, March 1971 (Term Note 8%, April 1971-76) 197,251 47,251
Progress Enterprises, Inc. (Philadelphia)—1968
Commercial and manufacturing operations Demand note, 8% 300,000 300,000
The Third Press—1971
Minority-owned book publishing company 250,000
Vic-Way Broadcasting Corporation—1969
Minority-owned St. Louis radio station Note 1, 7%, December 1974, Note 2, December 1979 500,000 500,000
RURAL COOPERATIVES AND BUSINESSES
Acadian Delight Bakery (Louisiana)—1969
Letter agreement, 8½%, 1971 125,000 104,051
East Central Catfish Operations, Inc.—1970
Fish farming in rural Georgia Note, 5%, October 1972-75 (Term Note: 5%, January 1976-80) 850,000 725,000
Jefferson County Improvement Corporation (Mississippi)—1970
Industrial and commercial development Note, 6%, September 1971 (Term Note: 6%, December 1973-80) 400,000 400,000