Description
| - The Ford Foundation is a private foundation incorporated in Michigan and based in New York City created to fund programs that were chartered in 1936 by Edsel Ford and Henry Ford.
The foundation makes grants through its New York headquarters and through twelve international field offices. In fiscal year 2007, it reported assets of $13.7 billion and approved $530 million in grants for projects that focused on strengthening democratic values, community and economic development, education, media, arts and culture, and human rights.
The Ford Foundation was chartered on January 15, 1936 in Michigan by Edsel Ford and two Ford Motor Company executives "to receive and administer funds for scientific, educational and charitable purposes, all for the public welfare". During its early years, the foundation operated in Michigan under the leadership of Ford family members and their associates, and supported such organizations as the Henry Ford Hospital, Greenfield Village and Henry Ford Museum,...
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