A "renewed sense of philanthropic ambition"

The New York Times explores a shift in philanthropy toward making “big bets” in working to solve major social challenges. The Ford Foundation is highlighted for our recently announced focus on inequality. “Inequality brings a coherence that connects our work,” the foundation’s president, Darren Walker, told the paper. Details of the new approach will be revealed in the coming days, and Walker made it clear that the foundation will be looking “to finance causes that work to ease the underlying reasons for and conditions of inequality, rather than simply promoting worthwhile programs.”

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The Ford Foundation

The Ford Foundation is an independent organization working to address inequality and build a future grounded in justice. For more than 85 years, it has supported visionaries on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. Today, with an endowment of $16 billion, the foundation has headquarters in New York and 10 regional offices across Africa, Asia, Latin America, and the Middle East.