Black in Focus: Interview with Darren Walker, Ford Foundation President

Black in Focus: Interview with Darren Walker, Ford Foundation President

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Darren Walker, President of the Ford Foundation, discusses the foundation's mission, financials, and focus areas, including racial and gender justice. He explains the foundation's response to COVID-19 through a social bond issuance, which allowed increased funding. Walker emphasizes the importance of unrestricted funds and justice in philanthropy, highlighting Mackenzie Scott's contributions. He stresses the need to sustain social justice momentum following George Floyd's murder and calls for diversity in philanthropy.

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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the current endowment of the Ford Foundation as mentioned in the interview?

$14 billion

$10 billion

$17 billion

$20 billion

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How much does the Ford Foundation disperse annually?

$500 million

$650 million

$1 billion

$750 million

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What financial strategy did the Ford Foundation use to increase its giving during the COVID-19 pandemic?

Increased investments

Cutting operational costs

Government grants

Issuing a social bond

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Why are unrestricted funds considered crucial for nonprofits?

They are easier to raise

They allow for specific project funding

They are tax-deductible

They cover essential operational costs

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What percentage of the Ford Foundation's support is now general operating support?

80%

50%

22%

100%

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key focus of Mackenzie Scott's philanthropic efforts as mentioned in the interview?

Environmental conservation

Justice-focused grants

Healthcare innovation

Educational reform

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a concern mentioned about the momentum of racial justice initiatives?

Over-reliance on technology

Too much media attention

Diminishing over time

Lack of funding