Ford Foundation

Founded in 1936 by Edsel Ford and Henry Ford, the Ford Foundation is a private philanthropic organization based in New York City that provides global grants to advance human welfare and democratic values. Operating strictly as a nonprofit entity, the foundation manages an endowment with seventeen and a half billion dollars in assets and recorded one billion forty million dollars in expenses for the 2024 fiscal year. The organization has awarded nearly ten billion dollars in historical grants across diverse sectors, including social justice, international affairs, community development, and environmental sustainability. Throughout its history, the institution has been guided by notable leaders like Henry Ford II and Franklin Thomas, the first African American to head the organization. Started with an initial 25,000 dollar gift, this institution continues to support initiatives that expand educational opportunity and peace worldwide.