Ford Foundation Makes Bold Bet on Investments to Fight Inequality
The Ford Foundation announced plans to allocate up to $1 billion over ten years from the endowment for "mission-related investments (MRIs)." The action could result in critical support for African organizations to set their own development agendas. "We are making this commitment because we believe MRIs are the next great tool for social transformation, in philanthropy and beyond," Darren Walker, the foundation president, explained in a blog post.
allAfrica, 5 April 2017
In an email distributed on 5 April, Ford Foundation President Darren Walker announced the decision by the Foundation's Board of Trustees to authorize allocation over ten years of… Read more »
Ford Foundation, 5 April 2017
A major commitment to be phased in over 10 years Largest commitment of its kind by a private foundation An effort to help advance the broader marketplace for impact investing… Read more »