Ford Foundation Chief Outlines Grant Maker’s Overhaul

The Ford Foundation will streamline its sprawling operations and seek to more effectively demonstrate its influence under a two-year overhaul started by its new leader, Luis A. Ubiñas, The New York Times says.

Ford, which has $11-billion in assets and is the second wealthiest foundation in the United States, according to the Chronicle’s most-recent survey, has settled on eight issues, including access to education, natural resources, and sustainable development.

“The upshot is that we will be beginning this next generation of work with a very clear sense of what we’re trying to accomplish,” said Mr. Ubiñas, who took office in January 2008.

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