Ford Fund – the automaker’s philanthropic arm – has helped a number of worthy causes over its many years in existence, a long list that includes donating $2.3 million to combat hunger in places like Detroit, Louisville, Memphis, and West Tennessee, another $5 million to help those that lack access to transportation, and $2 million to fund automotive tech scholarships across 20 states and 292 schools. Now, Ford Fund is being rebranded to Ford Philanthropy as that particular entity aims to move into the next phase of its evolution.
After it’s been known as Ford Fund for a whopping 75 years, the charitable division will now be known as Ford Philanthropy. Since it was created in 1949, Ford Fund has donated $2.3 billion to various causes, and will continue its mission of investing in solutions that address unique community needs across the U.S. The concept behind this rebranding is to give those efforts a fresh, modern look, while also underscoring Ford’s commitment to “make the world a better place.”
“Giving back has been an integral part of Ford’s history and values since the very beginning,” said Mary Culler, president, Ford Philanthropy. “Our rebrand honors our rich history and better reflects our core mission of partnering with communities to help move people forward and upward. Whether we’re connecting families with fresh food, helping neighborhoods rebuild after a disaster, or expanding access to careers in mobility, at Ford Philanthropy, we are passionate about working with our local partners and employee volunteers to help build equity and drive progress in Ford communities around the world.”
In addition to this news, Ford Philanthropy also released its annual Impact Report, which reveals that the entity – along with FoMoCo itself – donated $73.7 million to a number of notable efforts last year, supporting 3.5 million people directly while partnering with 470 nonprofits and charitable organizations. Additionally, Blue Oval employees donated 55,000 volunteer hours in 31 countries, to boot.
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