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Ford Foundation - Wikipedia
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The Ford Foundation is a major philanthropic organization that funds research and advocacy in areas including technology policy and governance, which can intersect with AI safety and ethics funding landscapes.
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Summary
The Ford Foundation is a large American private foundation founded in 1936 by Edsel and Henry Ford, with a $17.5 billion endowment as of 2024. It focuses on advancing human welfare through grantmaking across the US, Africa, Latin America, the Middle East, and Asia. It is one of the wealthiest private foundations in the world.
Key Points
- •Founded in 1936 by Edsel and Henry Ford with an initial $25,000 gift; now holds $17.5 billion in assets.
- •Operates as a 501(c)(3) charitable organization focused on grantmaking for human welfare globally.
- •No longer affiliated with Ford Motor Company after selling its holdings between 1955 and 1974.
- •Funds progressive causes including social justice, economic development, and governance reform.
- •Distinct from Ford Philanthropy, the separate corporate foundation of Ford Motor Company.
Cited by 1 page
| Page | Type | Quality |
|---|---|---|
| Ford Foundation | Organization | -- |
2 FactBase facts citing this source
| Entity | Property | Value | As Of |
|---|---|---|---|
| Ford Foundation | Founded Date | 1936 | — |
| Ford Foundation | Founded Date | 1936 | — |
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Ford Foundation - Wikipedia
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American private foundation
Ford Foundation Founded January 15, 1936 ; 90 years ago  ( 1936-01-15 ) Founders Edsel Ford
Henry Ford Type 501(c)(3) charitable organization [ 1 ] Tax ID no. 13-1684331 [ 1 ] Location(s) Ford Foundation Building
New York City , New York , U.S.
Area served United States, Africa, Latin America, Middle East, Asia Method Grantmaking Chairman Francisco G. Cigarroa President Heather Gerken Endowment US$ 17.5 billion (2024) [ 2 ] Website www .fordfoundation .org
The Ford Foundation is an American private foundation with the stated goal of advancing human welfare. [ 3 ] [ 4 ] [ 5 ] [ 6 ] Created in 1936 [ 7 ] by Edsel Ford and his father Henry Ford , it was originally funded by a $25,000 (about $550,000 in 2023) gift from Edsel Ford. [ 4 ] By 1947, after the death of the two founders, the foundation owned 90% of the non-voting shares of the Ford Motor Company ; the Ford family retained the voting shares. [ 8 ] Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company.
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. [ 2 ]
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