The $18 billion Ford Foundation is getting its biggest overhaul since 2015 to fight autocracy—with about $700 million in grants expected in 2027

Less than a year after leaving Yale Law School to run one of the wealthiest private foundations in the U.S. , Heather Gerken is putting her stamp on the Ford Foundation and its $18 billion endowment . The Ford Foundation on Thursday laid out a new strategy that reorients the 90-year-old grantmaker around what it calls the “preconditions for thriving democracies,” from the rule of law to trustworthy information and inclusive economies. Some have considered it the Ford Foundation’s most significant strategic shift since 2015, when former president Darren Walker focused the foundation around fighting inequality.

Source: Fortune Crypto