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Ford Foundation - The Men and the Millions (Paperback)
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Ford Foundation - The Men and the Millions (Paperback)
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Thirty years since it was first published, Macdonald's masterful
book on the Ford Foundation remains the only book-length account of
this institution that has been published. Despite the calls for a
book carrying on the story from 1956 on the part of Richard Magat
and McGeorge Bundy, that book has yet to be written. In his
stimulating introduction to this new edition, Francis Sutton
suggests why this is so. The Foundation, he observes, has never
again aroused as much public interest as it did in the years
Macdonald's describes. The announcement that a new program would be
launched with the riches that 90 percent of the Ford Motor
Company's stock would bring captured the attention of the media all
across the country. Its sheer size was astounding; in 1954 the Ford
Foundation spent four times as much as the Rockefeller Foundation
and ten times as much as the Carnegie Corporation. Its expenditures
were very large in relation to the budgets of the institutions that
looked to it for help. Consequently, the American public waited
expectantly to see what this huge foundation would do. But the Ford
Foundation was not only big; it was controversial in those years,
and inspired activism in the media, Congressional investigations,
and political wrath. Macdonald nicely captures the American
ambivalence toward large bureacratic organizations, which the Ford
Foundation epitomizes, with its own language and, one might argue,
its own values. Sutton points out that Macdonald's writing also
sets a model for foundation history and indeed philanthropic
history, with a poised, ironic detachment that has remained rare.
His introduction points out the main themes of Macdonald's book and
examines the extent to which they continue to illumine the
foundation in the years since this book was first published. It
looks at how well the Foundation has addressed the objectives it
set for itself, and nicely captures the giant changes that this
giant foundation has experienced through the 1960s and 1970s, to
the present day.
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