Topic: Financial Sustainability

1960s 1970s

Photo Essay: Supporting Minority Enterprise in the late 1960s

In 1968, the Ford Foundation began to make social investments using a new tool borrowed from the for-profit world, the Program-Related Investment.

Black and white image of local residents sitting around a large table discussing the start-up capital for Progress Plaza.
1960s 20th Century

Supporting Economic Justice? The Ford Foundation’s 1968 Experiment in Program Related Investments

How the largest US foundation began supporting market-based projects in the late 1960s.