January 18, 2011
The Central Corridor Funders Collaborative is pleased to announce the addition of a new member. The Ford Foundation joins the Funders Collaborative in conjunction with the Foundation’s “Metropolitan Opportunity” initiative. Announced in May 2010, Ford’s five-year, $200 million effort focuses on promoting a new approach that encourages collaboration across public and private sectors to foster economic growth and ensure equity in metropolitan areas.
“We’re thrilled that the Ford Foundation has come on board as a member of the Funders Collaborative,” said Jonathan Sage-Martinson, Director of the Central Corridor Funders Collaborative. “Their commitment recognizes the value of the work of the Funders Collaborative and our partners on a local - and national - level. It also highlights the importance of collaboration – across sectors, jurisdictions, and issues – in achieving our goals. The Funders Collaborative is intent on doing business differently by working across these boundaries, and the partnership with Ford is affirmation that we’re on the right path.”
“We are very pleased to join the Central Corridor Funders Collaborative and to work with such a committed and innovative group of funders,” said Don Chen, Senior Program Officer at the Ford Foundation. “This is an exciting effort. We hope it will uncover powerful lessons for all communities who want to ensure that regional development efforts unite people and bring social and economic benefits that lift up everyone.”
The Central Corridor Funders Collaborative focuses its work promoting access to affordable housing, building a strong local economy, creating vibrant transit-oriented places, and supporting effective coordination and collaboration. Through its Catalyst Fund, the Funders Collaborative has invested over $3 million to date in corridor-wide strategies, planning and action that address corridor-wide benefits, and to support the formation of several multi-sector partnerships. Ford becomes the 13th member of the Funders Collaborative and joins the F.R. Bigelow Foundation, The Saint Paul Foundation, John S. and James L Knight Foundation, Surdna Foundation, McKnight Foundation, Travelers Foundation, The Minneapolis Foundation, and Living Cities, Inc.
About the Funders Collaborative
The Funders Collaborative works with local resident organizations, community groups, nonprofit and business coalitions, and public agencies to create and implement corridor-wide strategies aimed at ensuring the adjoining neighborhoods, residents and businesses broadly share in the benefits of public and private investment in the Central Corridor Light Rail Line.
About the Ford Foundation
The Ford Foundation is an independent, nonprofit grant-making organization. For more than half a century it has worked with courageous people on the frontlines of social change worldwide, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement. With headquarters in New York, the foundation has offices in Latin America, Africa, the Middle East, and Asia.