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Article: Ford Fund Donates $250,000 To Howard University
- Article from:
- Washington Informer
- Article date:
- June 8, 1994
- Author:
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Alvin Peabody
Washington Informer
06-08-1994
Ford Fund Donates $250,000 To Howard University.
Ford Motor Company Fund has donated $250,000 to Howard University to support academic scholarships for outstanding students, augmenting a $1 million endowment grant the automaker made to the university in 1989.
Because major endowment grants to Howard University are matched dollar-for-dollar by the federal government, Ford's financial support to the university will effectively yield $2.5 million. Howard University, located in Washington, D.C., is one of the nation's leading historically Black academic institutions.
The grant, which will be paid over five years, was presented during Ford's third ...