Ford Motor Co. and the University have announced a $9.3 million pledge from the Ford Motor Company Fund, the philanthropic arm of the company, to support major initiatives in education, the environment and the arts.
Fords pledge will have a significant impact on the College of Engineering, School of Business Administration, School of Natural Resources and Environment, LS&A, the Center for the Education of Women, visual and performing arts, and the U-M-Dearborn College of Engineering and Computer Science.
Ford Motor Companys relationship with the University of Michigan is a partnership in the truest sense, and Ford is committed to keeping it strong, said Ford president and CEO Jacques Nasser in announcing the pledge April 29. At Ford Motor Company, we are dedicated to becoming the worlds leading consumer company for automotive products and services. As part of that dedication, our support of higher education continues to be a top priority. Through our strong working relationship with the U-M, weve focused on efforts that further research, develop safety and environmental programs and enhance educational opportunitiesall areas of importance to Ford Motor Company.
In accepting the pledge, Bollinger noted that the Universitys partnership with Ford has spanned almost 50 years, covering a breadth of initiatives including faculty support, industry research, student support and programmatic support. This is but the latest example of Fords exceptional generosity.
The gift will support a number of priorities:
Bollinger noted that in addition to the generous $9.3 million pledge, over the past five years Ford has given an average of $4 million per year to support a range of research activities. Ford currently is engaged in nine affiliates programs (research partnerships) with various schools and colleges in which Ford scientists work with U-M scientists and engineers.
These research affiliations of Ford Motor Company, the range of projects and Fords history of such support demonstrate what an exceptional corporate partner Ford is, Bollinger said. Ford is also our single best matching gift partner. I only wish we had 20 more such partnerships.