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Ford Foundation


Ford Foundation

320 East 43rd Street
New York, NY 10017
Phone: 212-573-5000
Fax: 212-351-3677
Email: office-secretary@fordfoundation.org
Website: www.fordfound.org
Private non-operating foundation
Assets in 2007   $13,798,807,066
Grants Awarded in 2007   $617,071,969
EIN:13-1684331
Founded: 1936, operated as a local philanthropy in the state of Michigan until 1950, when it expanded to become a national and international foundation. Since 1836 it has provided slightly more than $10 billion in grants and loans.

Original source of funding:
The Ford Foundation's funds began with gifts and bequests of Ford Motor Company stock by Henry and Edsel Ford. The Foundation no longer owns Ford Motor Company stock, and its diversified portfolio is managed to provide a permanent source of support.
Exempt since: September 1960
Files: Form 990PF

HARMS: Supports numerous anti-industry projects. Created the Natural Resources Defense Council in 1970. Gave $10 million grant in 1998 to the Forest Stewardship Council to monopolize and dismantle global wood sales.

The Ford Foundation is often confused with the Ford Motor Company Fund. The two philanthropies are not related. They share no funds and no directors, officers or staff.

Ford Foundation
Officers, Directors, Trustees, Foundation Managers, 2007

Note that none of these people are members of the Ford family
or affiliated in any way with the Ford Motor Company

Name Title Compensation
Susan V Berresford President and Trustee $724,244
Linda Strumpf V P & Chief Investment Officer $1,035,841
Barron M Tenny Exec VP Sec & Gen Counsel $597,973
Kofi Appenteng Trustee, effective $7,000
Thurgood Marshall Jr Trustee, effective $25,000
Clifford Hudson Trustee $25,000
Richard Moe Trustee $27,000
Kathryn Fuller Trustee and Chairman $27,000
Juliet V Garcia Trustee $25,000
Pablo Farias VP of Assets $336,548
Alison Bemstein V P of Know, Creat & Freedom $355,468
Afsaneh M Beschloss Trustee $22,000
Marta Lourdes Tellado V P of Communications $336,963
David Chiel Deputy V P Program Division $227,127
Jacob Gayle Deputy V P Program Division $232,240
Carl Weisbrod Trustee $28,250
Nancy Feller Assoc G C & Dir Legal Services $341,245
Yolanda Kakabadse Trustee $30,000
Irene Hirano Trustee $23,000
Wilmot James Trustee $31,400
Mary McClymont V P of Peace & S J, Eff $267,615
Anke Ehrhardt Trustee $24,000
W Richard West Trustee $31,700
Nicholas Gabnel Treasurer and Dir Finl Services $340,453
Yolanda Moses Trustee $26,850

THE FORD FOUNDATION
STATEMENTS OF FINANCIAL POSITION
(assets only, in thousands)

As of September 30,

  2008 2007
ASSETS    
     
Investments, at fair-value $10,756,535 $13,293,577
Accrued interest and dividends receivable 31,962 35,200
Pending securities, net 81,757 165,296
 

$10,870,254


$13,494,073

     
Cash 1,646 1,047
Federal excise tax receivable 3,900 2,605
Other receivables and assets 13,490 14,813

Program-related investments, net of allowances for possible losses of $23,671 ($23,826 at September 30, 2007)

125,967 118,485

Fixed assets, net of accumulated depreciation of $91,338 ($87,531 at September 30, 2007)

29,871  28,708


Total assets (in thousands)

$11,045,128


$13,659,731

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