Word: forded
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Dates: during 1950-1959
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...Ford Foundation was originally established in 1936. Until 1948 it gave about $1,000,000 a year to colleges in Michigan. In the fall of 1948, however, Henry Ford and Edsel Ford willed almost $500,000,000 to the Foundation...
With this capital, now more than half a billion dollars, the Ford Foundation is in a unique position--how can it spend its money to the maximum benefit of mankind. Its major problem is not lack of funds, but rather where to spend its money to yield the greatest return...
Through direct grants to universities for specific research projects and through two subsidiary funds set up expressly for the support of education, the Ford Foundation has fulfilled the dictum expressed by the trustees in 1953: "Education in its broadest sense is perhaps the single most promising means for improving human welfare and has been supported in various ways by almost every grant we have made...
...same time that the Ford Foundation set up the Fund for the Advancement of Education, the second subsidiary agency was established--the Fund for Adult Education. Founded to provide adults with liberal education beyond formal schooling, the Fund seeks to foster "the ability to think independently and the habit of critical thought rather than passive acceptance of ready-made opinions...
When Hoffman wrote, the Fund's TV-Radio Workshop was in its experimental stage. But in November, 1952, the Ford Foundation began to use television to bring liberal education into American homes...