We all know that the work that nonprofits and community leaders do is important for creating a society where everyone can thrive. The individuals who start or volunteer with nonprofits as well as the people who help to lead efforts to improve their communities are people who help to make the world go around. Learn more about Jim Larkin and Michael Lacey: http://www.phoenixnewtimes.com/news/new-times-founders-helping-fund-latino-program-at-asu-journalism-school-6661821
Unfortunately most of the people and organizations that have dedicated themselves to creating social change do not always have the resources to make their ideas for improving the world a reality that others can experience.
Many professionals who work for nonprofits are underpaid when their salaries are compared to professionals in other fields who have skills that are similar to theirs. Nonprofits are also tasked with having to be able to run programs that serve communities with very little resources at their disposal. Read more: Lacey and Larkin Frontera Fund and Michael Lacey | Crunchbase
One of the resources that community leaders and nonprofits often lack are the funds that are necessary to do their work. This is where organizations such as the Ford Foundation or the Lacey and Larkin Frontera Fund come in. Organizations such as the Ford Foundation and the Lacey and Larkin Frontera Fund were established by their respective founders to support the positive work that community organizations are engaged in.
One could probably say that an institution such as the Ford Foundation is part of a corps of older prestigious philanthropic institutions that include other organizations such as the Carnegie Endowment for International Peace and the Rockefeller Foundation.
Each of these institutions was started by families and individuals that were very successful in the world of business and who chose to use those resources to develop foundations that would be focused in social issues.
In the case of the Ford Foundation it is an institution that was started by the son of the twentieth century industrialist Henry Ford. Henry Ford was known for creating the Ford Motor Company which had facilities that pioneered and improved upon manufacturing processes. Henry Ford and his son Edsel Ford decided to launch the Ford Foundation in order to participate in philanthropic causes. Read more: Phoenix New Times | Wikipedia
Today the Ford Foundation reportedly has an endowment that is worth more than $12 billion and provides grants that fund activities in sectors such as the arts, youth empowerment, community engagement, international development and social change. Some of the Ford Foundation’s funding priority areas currently include the issues of inclusive economies and creativity and free expression.
The Ford Foundation’s inclusive economies program focuses on seeking to achieve the creation of high quality employment opportunities by promoting higher labor standards and on protecting individuals in the United States from financial services that may hinder their economic advancement.
Like the Ford Foundation the Lacey and Larkin Frontera Fund is a philanthropic institution that also focuses on funding initiatives that will improve the lives of people who have limited access to opportunities.
The Lacey and Larkin Frontera Fund is an organization that is part of a new generation of philanthropic institutions where philanthropists like Jim Larkin and Michael Lacey have decided to use their resources to enable institutions and individuals to do work that will enhance opportunities for people to receive an education and to exist in a more just world.