Published in The Chronicle of Philanthropy | September 30, 2020
Grant Makers Including Ford Push for Sustained Puerto Rico Recovery Effort
By Alex Daniels
Twenty-one grant makers led by the Ford Foundation and Filantropia Puerto Rico have pledged to redouble their support of recovery efforts in Puerto Rico three years after Hurricane Maria barreled through the island.
Ford has committed $10 million to help rebuild. The money will come from some of the proceeds of Ford’s $1 billion social bond offering, which it announced in June.
Other grant makers joining Ford include organizations on the mainland, such as the Mellon, Surdna ,and Nathan Cummings foundations, Hispanics in Philanthropy, and organizations in Puerto Rico, such as Fundación Ángel Ramos, Fundación Banco Popular, and the Tintin Foundation.
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