Ford Foundation's New Direction
The Ford Foundation announced a major change to it's core philosophy, doubling the amount it gives for operation expenses of community organizations.
Now Ford will place a high priority on alleviating what it sees as the key causes of inequality, including broken political systems, discrimination, dwindling support for schools and other public institutions, and a belief that the free market alone can cure social ills. "We’re going to move away from bending our grantees to fit into our boxes and do a better job of listening and learning," stated Ford Foundation president Darren Walker.
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