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Ford Foundation

American private foundation

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Through Henry Ford, Cold War and Bond (finance)

In 1949, Henry Ford II created Ford Philanthropy, a separate corporate foundation that to this day serves as the philanthropic arm of the Ford Motor Company and is not associated with the Ford Foundation.

For many years, the Ford Foundation's financial endowment was the largest private endowment in the world; it remains among the wealthiest. For fiscal year 2024, it reported assets of $17.5 billion and expenses of $1.04 billion. In 2025, the foundation approved around 2,000 grants worth more than $973 million.

Mission

After its establishment in 1936, the Ford Foundation shifted its focus from Michigan philanthropic support to five areas of action. In the 1950 Report of the Study of the Ford Foundation on Policy and Program, the trustees set forth five "areas of action", according to Richard Magat (2012): economic improvements, education, freedom and democracy, human behavior, and world peace. These areas of action were identified in a 1949 report by Horace Rowan Gaither.

Since the middle of the 20th century, many of the Ford Foundation's programs have focused on increased under-represented or "minority" group representation in education, science, and policy-making. For over eight decades their mission has decisively advocated and supported the reduction of poverty and injustice, among other values, including the maintenance of democratic values, promoting engagement with other nations, and sustaining human progress and achievement at home and abroad.

The Ford Foundation is one of the primary foundations offering grants that support and maintain diversity in higher education, with fellowships for pre-doctoral, dissertation, and post-doctoral scholarship to increase diverse representation among Native Americans, African Americans, Latin Americans, and other under-represented Asian and Latino sub-groups throughout the U.S. academic labor market. The outcomes of scholarship by its grantees from the late 20th century through the 21st century have contributed to substantial data and scholarship, including national surveys such as the Nelson Diversity Surveys in STEM.

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