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This report originated in a request to me from the Board of Trustees of the Ford Foundation in the summer of 1975. The trustees, aware that there would be a change of leadership at the Foundation be fore 1980, wanted to make a running start in the process of plan ning for the future. Their first step was to make a study of the great national and international needs that might lie ahead in the next decade and a half, and where and how the Foundation might ad dress them. They sought advice both within the Foundation and outside it, and they engaged in long discussions of their own. Although the exercise was directed toward planning for the future, the trustees also wished to review our past, not exhaus tively but at least well enough to have a clear sense of what the Foundation had been up to in the quarter century of its existence as a national and international institution. In this connection, the chairman of our board, Alexander Heard, asked for /I a canvass of the Ford Foundation's experiences, successes, and failures during the last twenty-five years . . . [focused] on the broad objectives sought, the means pursued to achieve them, and the results.
Thirty years since it was first published, Macdonald's masterful book on the Ford Foundation remains the only book-length account of this institution that has been published. Despite the calls for a book carrying on the story from 1956 on the part of Richard Magat and McGeorge Bundy, that book has yet to be written. In his stimulating introduction to this new edition, Francis Sutton suggests why this is so. The Foundation, he observes, has never again aroused as much public interest as it did in the years Macdonald's describes. The announcement that a new program would be launched with the riches that 90 percent of the Ford Motor Company's stock would bring captured the attention of the medi...
Before the 99% occupied Wall Street... Before the concept of social justice had impinged on the social conscience... Before the social safety net had even been conceived... By the turn of the 20th Century, the era of the robber barons, Andrew Carnegie (1835-1919) had already accumulated a staggeringly large fortune; he was one of the wealthiest people on the globe. He guaranteed his position as one of the wealthiest men ever when he sold his steel business to create the United States Steel Corporation. Following that sale, he spent his last 18 years, he gave away nearly 90% of his fortune to charities, foundations, and universities. His charitable efforts actually started far earlier. At the...
The president's report to the trustees and statement of grants.
Thirty years since it was first published, Macdonald's masterful book on the Ford Foundation remains the only book-length account of this institution that has been published. Despite the calls for a book carrying on the story from 1956 on the part of Richard Magat and McGeorge Bundy, that book has yet to be written. In his stimulating introduction to this new edition, Francis Sutton suggests why this is so. The Foundation, he observes, has never again aroused as much public interest as it did in the years Macdonald's describes. The announcement that a new program would be launched with the riches that 90 percent of the Ford Motor Company's stock would bring captured the attention of the medi...
Thirty years since it was first published, Macdonald's masterful book on the Ford Foundation remains the only book-length account of this institution that has been published. Despite the calls for a book carrying on the story from 1956 on the part of Richard Magat and McGeorge Bundy, that book has yet to be written. In his stimulating introduction to this new edition, Francis Sutton suggests why this is so. The Foundation, he observes, has never again aroused as much public interest as it did in the years Macdonald's describes. The announcement that a new program would be launched with the riches that 90 percent of the Ford Motor Company's stock would bring captured the attention of the medi...
At first glance, the Ford Foundation and the black power movement would make an unlikely partnership. After the Second World War, the renowned Foundation was the largest philanthropic organization in the United States and was dedicated to projects of liberal reform. Black power ideology, which promoted self-determination over color-blind assimilation, was often characterized as radical and divisive. But Foundation president McGeorge Bundy chose to engage rather than confront black power's challenge to racial liberalism through an ambitious, long-term strategy to foster the "social development" of racial minorities. The Ford Foundation not only bankrolled but originated many of the black powe...