Organizations Ford Foundation

Ford Foundation

Ford Foundation

The Ford Foundation is an American private foundation with the mission of advancing human welfare. Created in 1936 by Edsel Ford and his father Henry Ford, it was originally funded by a US$25,000 gift from Edsel Ford. 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. ) Between 1955 and 1974, the foundation sold its Ford Motor Company holdings and now plays no role in the automobile company. Ahead of the foundation selling its Ford Motor Company holdings, in 1949, Henry Ford II created the Ford Motor Company Fund, a separate corporate foundation that to this day serves as the philanthropic arm of the Ford Motor Company and is not associated with the foundation. Read more at Wikipedia...

Inception: 1935

Website:  http://www.fordfoundation.org 
Associated Place(s): New York (State)--New York, Developing countries, United States, Michigan, New York (State)

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