The Ford Foundation
Introduction
Ford Foundation was established with the main goal of funding projects that were chartered by Henry Ford and Edsel Ford in 1936. Although it is based in New York and has its incorporation done in Michigan, the philanthropic organization continues to run its operations not only in its headquarters in New York but also does this through other twelve offices that it has strategically located in different parts of the world (The Ford Foundation. 2010). The philanthropic organization is committed towards creating a better society without having anything to reap in return. This has for years been facilitated by the fact that Ford Foundation enjoys a rich base of assets that keep on propelling it towards realizing its basic goals.
As a matter of fact, in the financial years that ended in 2008, Ford Foundation reported that it had $13.8 billion in the form of assets and had already offered an approval that $529 million would be used for the purposes of grants (Nathan, 2007). The grants that are offered by Ford Foundation are basically aimed at ensuring that democratic rights are made stronger, the community enjoys economic development and stability, education is fostered and made better, the media is enhanced, human rights and culture are made more pronounced.
On the other hand though, Ford Foundation is just like any other non profitable organization is faced with several hurdles in the pursuit of its goals. As a matter of fact, it is in this regard that this paper critically analyzes some of the strategic challenges that are faced by managers in Ford Foundation in an effort to ensure that the core philosophies that guide the operations of Ford Foundation are followed. In the same breath, the paper analyzes some of the investment strategies and philosophies that may be used by the management at Ford Foundation to overcome the hurdles they face. These main issue shave been keenly aIDressed with a detailed view of the differences that the companys operational strategies differ with that of any company that may be operating with the prime purpose of generating income.
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