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Mission Related Investments at the Ford Foundation (A)
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Reference: HBS-220026-E
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Year: 2017
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Number of pages: 16
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Geographic Setting: New York;United States
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Publication Date: Feb 6, 2020
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Source: HBSP (USA)
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Type of Document: Case
Description
In 2017, Darren Walker, the President of the Ford Foundation, one of the largest philanthropic foundations in the world, was preparing to meet with his board of directors to discuss beginning a mission related investments (MRI) program. Walker hoped to devote $1 billion of the Ford Foundation's $13 billion endowment to the MRI program. The case explores the reasoning behind the program, design choices that were made in its development, and potential problems or tradeoffs to implementing such a program.