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The Ford Foundation as a Transnational Actor

Published online by Cambridge University Press:  22 May 2009

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”Foundations,” private, nonprofit institutions that make grants for public purposes, depend for their existence on the private accumulation of great wealth and on fiscal and moral incentives for its philanthropic use. Several European foundations, including the Calouste Gulbenkian Foundation, the Volkswagen Foundation, the Krupp Foundation, and the Nuffield Foundation, are now comparable in organization and size to the American leaders. But modern foundations, independently directed and professionally staffed, are principally an invention of twentieth-century industrial society in the United States.1 Of 32 foundations with assets exceeding $100 million, 29 are American.

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Copyright © The IO Foundation 1971

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