The Ford Foundation, led by Heather Gerken, is undergoing its most significant strategic overhaul since 2015. The foundation will reorient its $18 billion endowment around fostering the "preconditions for thriving democracies," focusing on areas like the rule of law, trustworthy information, and inclusive economies. This new strategy aims to combat rising autocracy and inequality, with plans to award approximately $700 million in grants in 2027 through seven new funding areas, including a dedicated racial justice fund. AI
RANK_REASON Major strategic shift by a large, influential foundation. [lever_c_demoted from significant: ic=1 ai=0.1]
- Associated Press
- Darren Walker
- Edsel Bryant Ford
- Ford Foundation
- Ford Motor Company
- Ford Philanthropy
- Heather K. Gerken
- Henry Ford
- Henry Ford II
- New York City
- Yale Law School
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