The Ford Foundation was established by Henry Ford and his son Edsel in 1936 as a way to support charitable causes and promote social justice. And the foundation is managed by a board of trustees, which includes family members and other independent trustees. The foundation’s assets include significant holdings in a range of investments, as well as a large endowment that is used to support charitable giving.
The foundation is dedicated to promoting social change and has supported a wide range of causes over the years, including civil rights, education, and the arts. The foundation also supports a number of international programs aimed at promoting development and reducing poverty in developing countries.
One of the unique features of the Ford Foundation is its commitment to promoting social justice and equity. The foundation has a long history of supporting initiatives aimed at addressing systemic inequalities and promoting greater opportunities for marginalized communities.
Overall, the Ford Foundation serves as an example of how multigenerational trusts can be used to promote charitable giving and support social change over the long term. By investing in a range of assets and maintaining a focus on social justice, the foundation has been able to make a significant impact on society and support important causes for over 80 years.