Ford Foundation

one of the world’s largest public trusts (= organizations providing money for projects that help society). It was established in the US in 1936 by Henry Ford and his son Edsel Ford for the state of Michigan, and in 1950 it became a national and international organization. By 1997, it had given or lent over $8 billion, especially to projects for democracy, world peace and justice, education and the arts, science and communication. The Foundation also helped to establish the US Public Broadcasting Service.

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U.S. philanthropic foundation.

It was established in 1936 with gifts and bequests from Henry Ford and his son, Edsel (1893–1943). By the early 21st century its assets exceeded $10 billion. Its chief concerns have been international affairs (particularly population control and alleviation of food shortages), humanities and the arts, communications (especially public television), and, in later years, resources and the environment.

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▪ American organization

      American philanthropic foundation, established in 1936 with gifts and bequests from Henry Ford and his son, Edsel. At the beginning of the 21st century, its assets exceeded $9 billion. Its chief concerns have been international affairs (particularly population control, the alleviation of food shortages, and the strengthening of democratic values), communications (especially educational media), humanities and the arts, and, increasingly, community development and the environment.

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