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­­Founded in 1936 by Edsel Ford and two Ford Motor Firm executives, the purpose of the Ford Basis was to fund scientific, academic, and charitable tasks. In the present day, the inspiration's mission includes promoting democracy, improving training, and decreasing poverty. In its early years, the muse supported National Academic Television, which was replaced by the general public Broadcasting Service in 1970. At the end of 2006, the muse's endowment was approximately $12 billion. In that year alone, the muse gave out nearly $530 million in grants for initiatives centered on neighborhood and financial improvement, ed­ucation, media, arts, peace, social justice, and human rights.

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