Ford Motor Co Fund
- Assets
- $0.0
- Revenue
- $2.2m
- Investments
- $79.7m
- Employees
- 0
- Location
- Dearborn, MI
- Founding
- 02/1950
- Data as of
- 12/2019
- EIN
- 38-1459376
Organization Overview
Ford Motor Co Fund is located in Dearborn, MI. The organization was established in 1950. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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 Motor Co Fund generated $2.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (45.5%) each year. All expenses for the organization totaled $45.4m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2019
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND DOES NOT HAVE DIRECT CHARITABLE EXPENDITURES. THE FUND'S ACTIVITIES ARE GIFTS, CONTRIBUTIONS, SCHOLARSHIPS, AND GRANTS MADE DIRECTLY TO OTHER CHARITABLE ORGANIZATIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lindsey Buhl Trustee | 1 | $0 | |
David W Mcclelland Trustee | 1 | $0 | |
Jonathan E Osgood Secretary | 1 | $0 | |
Nicholas F Ford Trustee | 1 | $0 | |
William Dirksen Trustee | 1 | $0 | |
Joy Falotico Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Plante & Moran Pllc | 12/30/18 | $128,793 |
Comunicad | 12/30/18 | $1,347,915 |
Ford Motor Company | 12/30/18 | $500,000 |
Pcg Campbell | 12/30/18 | $662,392 |
Sdb Strategies | 12/30/18 | $64,689 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $50,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $2,168,114 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,192,979 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Pension plans, employee benefits | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Total operating and administrative expenses | $2,737,573 |
| Contributions, gifts, grants paid | $42,659,912 |
| Total expenses and disbursements | $45,397,485 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $79,724,644 |
| Other assets | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
Grants Awarded
Over the last fiscal year, Ford Motor Co Fund has awarded $41,665,304 in support to 463 organizations.
| Grant Recipient | Amount |
|---|---|
Washington, DC PURPOSE: GLOBAL SUPPORT | $10,299,220 |
Washington, DC PURPOSE: FORD DRIVING SKILLS FOR LIFE | $3,498,045 |
Detroit, MI PURPOSE: COMMUNITY NEEDS | $2,250,000 |
Dearborn, MI PURPOSE: FORD NEXT GENERATION LEARNING | $1,083,336 |
Richmond, VA PURPOSE: GLOBAL SUPPORT | $936,000 |
Washington, DC PURPOSE: COMMUNITY NEEDS | $892,366 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lumina Foundation For Education Inc Indianapolis, IN | $1,274,092,392 | $124,890,321 |
John J & Mary R Schiff Foundation Cincinnati, OH | $180,733,511 | $18,837,638 |
Ford Motor Co Fund Dearborn, MI | $0 | $2,192,979 |
George Gund Foundation Cleveland, OH | $464,657,090 | $60,439,146 |
American Electric Power Foundation Columbus, OH | $110,474,087 | $55,374,056 |
Strivetogether Inc Cincinnati, OH | $8,381,463 | $30,982,246 |
The Samuel And Jean Frankel Jewish Heritage Foundation Troy, MI | $179,152,893 | $11,860,034 |
Ag Foundation East Liverpool, OH | $95,000,251 | $2,221,037 |
Wege Foundation Grand Rapids, MI | $286,190,867 | $23,139,359 |
The Ariel Foundation Mount Vernon, OH | $44,652,057 | $11,140,431 |
Charles F Kettering Foundation Dayton, OH | $383,190,815 | $22,309,349 |
The Meijer Foundation Grand Rapids, MI | $158,741,993 | $21,525,422 |