Created in 1936 by Edsel Ford and his father 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% of the non-voting shares of the Ford Motor Company.
Ford Foundation.
| Founded |
January 15, 1936 |
| Website |
fordfoundation.org |
Is the Ford Foundation tied to Ford Motor Company?
The Ford Foundation is not connected to the Ford Motor Company. The Ford Foundation and Ford Motor Company are two separate and legally unrelated entities whose operations are completely independent and have been for more than 50 years.
Is the Ford Foundation conservative?
Today’s Ford Foundation contributes to organizations promoting communist ideals, big-government environmental groups, and other left-wing organizations who promote an agenda that principally opposes capitalism.
Does the Ford Foundation give money to individuals?
We also award a limited number of grants to individuals, primarily through nomination for our fellowships, building on our legacy of investing in leaders.
Who owns the Ford Foundation? – Related Questions
Who can apply the Ford Foundation?
Applicant organizations must have current 501(c)(3) Public Charity status from the Internal Revenue Service (IRS), or be a governmental entity, or be an IRS-recognized tribe. It may not be a private foundation as defined in Section 509(a) of the Internal Revenue Code.
What happened to the Ford Foundation?
When Edsel and Henry died in the mid-1940s, they left an additional $250,000 worth of Ford Motor stock to the foundation—creating the largest philanthropy in the world. Through prudent investment, this original endowment has grown to some $16 billion today. We have not raised any additional funds since the 1940s.
Does Ford donate to nonprofits?
FORD MOTOR COMPANY FUND
Working with nonprofit organizations, community partners and across the Ford network in the U.S. and in 43 countries around the world, Ford Fund provides resources and opportunities that advance equity and empower people to reach their full potential.
What is a Ford Fellow?
The Ford Foundation Global Fellowship is a program that identifies and connects emerging leaders from across the globe who are advancing innovative ideas and solutions to combat inequality—and gives them the support to work better, faster, and deeper.
Is the Ford Foundation a non profit organization?
Ford Foundation is a 501(c)(3) organization, with an IRS ruling year of 1960, and donations are tax-deductible. Is this your nonprofit?
How do I contact Ford Foundation?
Contact Information
- Telephone: 2125735000.
- URL: www.fordfoundation.org.
How many people work at Ford Foundation?
Ford Foundation is a medium organization with 715 employees and an annual revenue of $486.7M that is headquartered in New York, NY. To strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement.
Can you go inside the Ford Foundation building?
The Ford Foundation Center for Social Justice is located at 320 East 43rd Street. The building has two entrances—one at 320 East 43rd Street and the other at 321 East 42nd Street. Both entrances are wheelchair accessible and have power-assist doors.
Who founded Ford Foundation?
Ford Foundation/Founders
Who runs the Ford Fund?
Darren Walker is president of the Ford Foundation, a $16 billion international social justice philanthropy.
What is Henry Ford’s most famous quote?
“There is no failure except failure to serve one’s purpose.” Source: Ford News, p.
Did Henry Ford give money to charity?
In average years, Ford gave away about 33 percent of his income. By way of comparison, most people in his tax bracket gave away 5 percent. What Ford himself considered to be the most genuine philanthropy were small gifts to individuals, of which he gave many.
Is Ford still owned by America?
Yes, Ford is considered American. Like other multinational auto corporations, Ford Motor Company has interests in other places. But Ford’s beginnings are entwined with American history, and the legacy lives on through the Ford family.
How Much Would Henry Ford be worth today?
Using the inflation model, in adjusted dollars for May 2022, his net worth would be US$26.1 billion.
What is Bill Ford’s net worth?
According to Forbes magazine, Ford was the 371st richest person in the United States in 2013, with an approximate net worth of $1.4 billion.
Is the any Ford family still alive?
More than 100 years after Henry Ford introduced his Model T and revolutionized automobile production, a family member still sits atop the company: Chairman William Clay Ford, Jr. In 2014, William Clay Ford, Henry’s last remaining grandson, passed away, leaving Martha Firestone Ford as the family matriarch.