Ford Foundation
- Assets
- $17.8b
- Revenue
- $652.0m
- Investments
- $16.2b
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1960
- Data as of
- 12/2020
- EIN
- 13-1684331
Organization Overview
Ford Foundation is located in New York, NY. The organization was established in 1960. According to its NTEE Classification (T21) the organization is classified as: Corporate Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ford Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Ford Foundation generated $652.0m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $1.1b during the year ending 12/2020. While expenses have increased by 6.7% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ford Foundation has awarded 33,346 individual grants totaling $7,983,367,120. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
BUILD PROGRAM PROVIDES OPPORTUNITIES TO LEARN THE DIFFERENCE GRANTS MAKE IN SOCIAL ORGS & IF THIS APPROACH IS FOSTERING GREATER INSTITUTIONAL EFFECTIVENESS TO DISMANTLE INEQUALITY
THE GLOBAL FELLOWSHIP PROGRAM IDENTIFIES AND CONNECTS EMERGING LEADERS FROM ACROSS THE GLOBE WHO ARE ADVANCING INNOVATIVE IDEAS AND SOLUTIONS TO COMBAT INEQUALITY
ART FOR JUSTICE IS FOCUSED ON SAFELY REDUCING THE PRISON POPULATION, PROMOTING JUSTICE REINVESTMENT AND CREATING ART THAT CHANGES THE NARRATIVE AROUND MASS INCARCERATION
FOR PROJECTS THAT COMMUNICATE THE FOUNDATION'S MISSION AND PROGRAMS INCLUDING THE WEBSITE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric W Doppstadt VP & Chief Investment Officer | 45 | $3,701,695 | |
Michael Walden Director Of Public I | 45 | $1,746,772 | |
Sherif Nahas Director Of Private | 45 | $1,745,022 | |
William Artemenko Director Of Hedge Fu | 45 | $1,728,016 | |
Darren Walker President & Trustee | 45 | $1,114,504 | |
Roy Swan Director Of Mission | 45 | $850,163 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mindtree Limited | 12/30/21 | $2,559,369 |
Spring Strategies Inc | 12/30/21 | $1,534,908 |
Collaborative Solutions Llc | 12/30/21 | $2,384,856 |
The Northern Trust Company | 12/30/21 | $1,494,204 |
Debevoise And Plimpton Llp | 12/30/21 | $1,042,732 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $797,760 |
| Dividends & Interest | $22,336,372 |
| Net Rental Income | $37,590 |
| Net Gain on Sale of Assets | $627,903,585 |
| Capital Gain Net Income | $818,201,865 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $652,006,894 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $7,598,091 |
| Other employee salaries and wages | $63,839,164 |
| Pension plans, employee benefits | $22,907,703 |
| Interest | $23,666,797 |
| Taxes | $5,779,759 |
| Depreciation | $12,138,594 |
| Occupancy | $13,333,176 |
| Travel, conferences, and meetings | $2,305,334 |
| Printing and publications | $1,383,784 |
| Other expenses | $4,750,644 |
| Total operating and administrative expenses | $198,285,624 |
| Contributions, gifts, grants paid | $916,549,940 |
| Total expenses and disbursements | $1,114,835,564 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $861,568,891 |
| Savings and temporary cash investments | $236,461,510 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $208,209 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $6,626,135 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $14,860,619,153 |
| Net Land, buildings, and equipment | $246,342,139 |
| Other assets | $255,356,029 |
| Total assets | $17,808,777,548 |
| Accounts payable and accrued expenses | $101,480,886 |
| Grants payable | $560,188,834 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $1,264,828,367 |
| Other liabilities | $115,535,843 |
| Total liabilities | $2,042,033,930 |
Grants Awarded
Over the last fiscal year, Ford Foundation has awarded $1,030,172,646 in support to 3,608 organizations.
| Grant Recipient | Amount |
|---|---|
WOMEN IN INFORMAL EMPLOYMENT GLOBALIZING AND ORGANIZING PURPOSE: GENERAL SUPPORT | $25,000,000 |
BLUE MERIDIAN PARTNERS INC PURPOSE: CORE SUPPORT FOR THE JUSTICE AND MOBILITY FUND TO ACCELERATE ECONOMIC MOBILITY THROUGH CRIMINAL JUSTICE REFORMS FOR PEOPLE WITH CONVICTIONS AND INCARCERATION HISTORIES | $17,082,810 |
NATIONAL ACADEMY OF SCIENCES PURPOSE: FOR THE FORD FELLOWSHIPS PROGRAM FOR PREDOCTORAL, DISSERTATION AND POSTDOCTORAL FELLOWSHIPS | $11,400,000 |
New York, NY PURPOSE: CORE SUPPORT FOR THE REPRODUCTIVE HEALTH AND WOMEN'S RIGHTS COLLABORATIVE | $10,000,000 |
New York, NY PURPOSE: GENERAL SUPPORT | $10,000,000 |
CLIMATE AND LAND USE ALLIANCE LLC PURPOSE: TO ENSURE INDIGENOUS PEOPLES, AFRO-DESCENDANTS, & LOCAL COMMUNITIES HAVE SECURE L& & RESOURCE RIGHTS; BUILD RESILIENT, WELL NETWORKED, & EFFECTIVE ORGANIZATIONS; & CONTRIBUTE TO GLOBAL FOREST MANAGEMENT, CONSERVATION, & CLIMATE CHANGE GOALS | $9,415,000 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Ford Foundation has recieved totaling $4,458,000.
| Awarding Organization | Amount |
|---|---|
Neo Philanthropy Inc New York, NY PURPOSE: Program Grant | $3,458,000 |
Hopewell Fund Washington, DC PURPOSE: CIVIL RIGHTS, SOCIAL ACTION, ADVOCACY | $975,000 |
Paul H Oneill Charitable Foundation 102891 Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
The Edna Mcconnell Clark Foundation New York, NY | $667,303,729 | $41,338,798 |
The Jpb Foundation New York, NY | $3,112,143,645 | $422,930,172 |
Phillip And Susan Ragon Foundation Cambridge, MA | $62,348,069 | $1,628,724 |
Citi Foundation New York, NY | $102,040,475 | $125,193,055 |
Longwood Gardens Inc Kennett Square, PA | $1,437,882,296 | $93,650,257 |
Peoples United Community Foundation Bridgeport, CT | $0 | $2,660,856 |
Goldman Sachs Foundation New York, NY | $0 | $131,861,636 |
Commonwealth Fund New York, NY | $0 | $69,444,117 |
The Comcast Nbcuniversal Foundation Philadelphia, PA | $16,720,236 | $25,679,760 |
Clark Foundation New York, NY | $443,485,871 | $14,281,811 |
John A Hartford Foundation New York, NY | $722,012,839 | $47,164,108 |
Blackstone Charitable Foundation New York, NY | $141,651,293 | $22,568,243 |