The Ford Foundation is a New York based
international private foundation with the aim of advancing human wellbeing. Founded
in 1936 by Edsel Ford and Henry Ford, it was initially funded by a US$25,000 contribution
from Edsel Ford. By 1947, after the demise of the two founders, the foundation possessed
90 % of the non-voting shares of the Ford Motor Company. (The Ford family maintained
the voting shares.) Between 1955 and 1974, the foundation vended its Ford Motor
Company holdings and has no value in the automobile company. The foundation was
the biggest for years and one of the most prominent foundations in the world,
with worldwide reach and particular interests in democracy, economic
empowerment, education, human rights, the creative arts and Third World
development.The foundation funds through its headquarters and ten global field
offices. For FY 2014, it detailed assets of US$12.4 billion and permitted
US$507.9 million in grants. The contribution support projects that center on
reducing poverty and inequality; promoting democratic standards; and advancing
human acquaintance, creativity and achievement.
Current issues,
initiatives and goals
The foundation works on eight significant
human welfare issues:
Democratic and
accountable government: The
foundation works to raise involvement of minority communities at all levels of
civic and political life, to amplify the effectiveness of civic organizations
by intensification of their infrastructure and dictatorial environments, to eradicate
barriers to democratic involvement so that minority populations in the United
States are represented fully, to progress the transparency, accountability and completeness
of government institutions and processes and to make international financial
governance systems more apparent, accountable and effective.
Educational
opportunity and scholarship: The
foundation works to rediscover public schools through more and improved
learning time in localities of intense poverty, so that students are equipped
equitably for college, career and civic involvement, to promote policy and
institutional modifications that develop disadvantaged people's access to and achievement
in high-quality higher education.
Human rights: The foundation works to protect equal rights and better
opportunity for racial and ethnic minorities and indigenous peoples, to aid
national, state and local organizations sheltered and guard migrant rights and combine
them into a broader societal justice agenda, to make certain access for minority
groups to a vigorous criminal justice community dedicated to fairness and equal
security under the law, to brace fresh voices to make the human rights movement
more approachable to the requirement of the poor and minorities with a particular
emphasis on the Global South, to assist people required basic economic and
social rights, and access remedies when those rights are dishonored, to develop
the lives and livelihoods of low-income women by purposefully addressing
inequality and discrimination, to defend and progress the rights of people
affected by HIV/AIDS.
Sexuality and
reproductive health and rights: The
foundation works to guarantee evidence-based sexuality and reproductive health
and rights research, informs public policy and understanding, to develop
national reproductive and sexual health policies and laws supported by provincial
and international values, to precede policies and programs that guarantee the
improved sexual and reproductive health of minorities young women.
Sustainable
development: The
foundation works to progress the livelihood of rural poor by increasing access
to and decision making on, natural resources, to encourage climate change
policies that meet the requirements of rural poor communities globally.
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