Ford Foundation
- Assets
- $14.2b
- Revenue
- $460.4m
- Investments
- $13.3b
- Employees
- 0
- Location
- New York, NY
- Founding
- 09/1960
- Data as of
- 12/2019
- 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.
For the year ending 12/2019, Ford Foundation generated $460.4m in total revenue. The organization has seen a slow decline revenue. Over the past 5 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $665.7m during the year ending 12/2019. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 5 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Ford Foundation has awarded 24,334 individual grants totaling $5,426,708,592. 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
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
FINANCIAL INNOVATION AND RESILIENCE PROGRAM AIMED AT STRENGTHENING THE FINANCIAL HEALTH AND RESILIENCE OF ORGANIZATIONS
FOR THE ART GALLERY - A PUBLIC FEATURE THAT EXPLORES MULTIDISCIPLINARY ART BY ARTISTS COMMITTED TO EXPLORING ISSUES OF JUSTICE AND INJUSTICE
FOR PROJECTS THAT COMMUNICATE THE FOUNDATION'S MISSION AND PROGRAM INCLUDING THE WEBSITE
FOR ACTIVITIES OF ART FOR JUSTICE - ORGANIZATION FOCUSED ON SAFELY REDUCING THE PRISON POPULATION AND CREATING ART THAT CHANGES THE NARRATIVE AROUND MASS INCARCERATION
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric W Doppstadt VP & Chief Investment Officer | 45 | $2,534,765 | |
Michael Walden Director Public Inv. | 45 | $1,387,165 | |
Sherif Nahas Director Private Eq. | 45 | $1,385,034 | |
William Artemenko Director Hedge Funds | 45 | $1,370,853 | |
Darren Walker President & Trustee | 45 | $1,081,562 | |
Roscoe Davis Director Inter Audit | 45 | $895,371 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Mindtree Limited | 12/30/19 | $2,614,675 |
Gensler Architecture Design & Planning | 12/30/19 | $2,185,657 |
Springs Strategies Inc | 12/30/19 | $1,477,950 |
Morgan Lewis & Bockius Llp | 12/30/19 | $1,233,950 |
Rockefeller Philanthropy Advisors | 12/30/19 | $1,284,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $31,535,638 |
| Dividends & Interest | $5,682,417 |
| Net Rental Income | -$110,614 |
| Net Gain on Sale of Assets | $421,211,597 |
| Capital Gain Net Income | $517,729,092 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,349,611 |
| Total Revenue | $460,414,672 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $8,175,777 |
| Other employee salaries and wages | $61,601,934 |
| Pension plans, employee benefits | $24,799,071 |
| Interest | $10,731,222 |
| Taxes | $19,220,255 |
| Depreciation | $11,221,342 |
| Occupancy | $12,841,532 |
| Travel, conferences, and meetings | $10,267,070 |
| Printing and publications | $1,295,647 |
| Other expenses | $7,958,543 |
| Total operating and administrative expenses | $202,338,517 |
| Contributions, gifts, grants paid | $463,369,162 |
| Total expenses and disbursements | $665,707,679 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,083,971 |
| Savings and temporary cash investments | $406,799,266 |
| 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 | $277,422 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $5,219,285 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $11,950,918,585 |
| Net Land, buildings, and equipment | $254,487,654 |
| Other assets | $200,975,408 |
| Total assets | $14,230,472,678 |
| Accounts payable and accrued expenses | $162,327,924 |
| Grants payable | $401,935,295 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $271,086,836 |
| Other liabilities | $135,548,608 |
| Total liabilities | $970,898,663 |
Grants Awarded
Over the last fiscal year, Ford Foundation has awarded $795,490,866 in support to 3,524 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: CORE SUPPORT FOR THE REPRODUCTIVE HEALTH AND WOMENS RIGHTS COLLABORATIVE | $40,000,000 |
NATIONAL ACADEMY OF SCIENCES PURPOSE: FOR THE FORD FELLOWSHIPS PROGRAM FOR PREDOCTORAL DISSERTATION AND POSTDOCTORAL FELLOWSHIPS | $10,600,000 |
New York, NY PURPOSE: CORE SUPPORT FOR THE REPRODUCTIVE HEALTH AND WOMENS RIGHTS COLLABORATIVE | $10,000,000 |
Detroit, MI PURPOSE: FOR THE DETROIT INSTITUTE OF ARTS SETTLEMENT PROJECT TO EXPEDITE DETROITS BANKRUPTCY SETTLEMENT ASSIST IN HONORING PENSION COMMITMENTS AND PRESERVE THE INSTITUTES COLLECTION FOR PUBLIC BENEFIT | $8,333,333 |
New York, NY PURPOSE: FOR THE GLOBAL TRAVEL AND LEARNING FUND TO ADMINISTER TRAVEL AWARDS SMALL GRANTS TO ORGANIZATIONS AND OTHER PROGRAMRELATED LEARNING ACTIVITIES | $6,830,000 |
Washington, DC PURPOSE: GENERAL SUPPORT AND CORE SUPPORT FOR INSTITUTIONAL STRENGTHENING | $5,300,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Ford Foundation has recieved totaling $225.
| Awarding Organization | Amount |
|---|---|
The@lisa And Brian Meer Foundation West Bloomfield, MI PURPOSE: GENERAL USE | $125 |
Zeelander Foundation Philadelphia, PA PURPOSE: ORGANIZATIONS CHARITABLE PURPOSE | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ford Foundation New York, NY | $14,230,472,678 | $460,414,672 |
The Edna Mcconnell Clark Foundation New York, NY | $667,303,729 | $41,338,798 |
The Jpb Foundation New York, NY | $3,264,553,827 | $212,466,306 |
Longwood Gardens Inc Kennett Square, PA | $1,061,058,911 | $67,126,419 |
Clark Foundation New York, NY | $474,828,323 | $16,578,389 |
John A Hartford Foundation New York, NY | $603,088,117 | $22,940,561 |
Phillip And Susan Ragon Foundation Cambridge, MA | $199,140,850 | $3,803,609 |
Goldman Sachs Foundation New York, NY | $593,971,382 | $30,787,463 |
Massmutual Foundation Inc Springfield, MA | $30,226,146 | $32,040,776 |
Oneworld Boston Inc Woburn, MA | $228,169,273 | $9,602,715 |
Zimmer Family Foundation Inc Saddle River, NJ | $0 | $24,739,608 |
Foundation For Opioid Response Efforts New York, NY | $89,893,638 | $3,314,751 |