Ford Foundation Takes Historic, Unprecedented Action to Increase Grantmaking for Nonprofits by $1 Billion with Proceeds of Offering of Social Bonds in Response to COVID-19
- Thursday, June 11, 2020, 7:05
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NEW YORK, June 11, 2020 /PRNewswire/ — In response to the existential threat caused by Covid-19 to nonprofit organizations, the Ford Foundation and its Board of Trustees today announced the intent to offer for sale $1 billion of taxable Social Bonds, the net proceeds of which will be…
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