Ford Fund Investment in Detroit Neighborhood to Build Community Center and Further Educational Opportunities
Ford Fund will invest $5 million in a struggling Detroit neighborhood to build a community center and create education opportunities. Ford Fund is Ford Motor Company’s philanthropic arm and has made investments of over $161 million in area communities over the last 10 years.
The Ford Fund investment in Detroit will launch a second Ford Resource and Engagement Center in conjunction with Detroit Public Schools and the Detroit Public Schools Foundation. The center will be housed at Fisher Magnet Upper Academy on the east side of the city and will give better access to educational materials and other essential services for area children and adults.
In addition to providing information access and services, the Ford Resource and Engagement Center will do its best to meet community needs by providing programs asked for by residents of the surrounding neighborhoods, including job training programs, cultural and art services, and food distribution.
The first Detroit Ford Resource and Engagement Center is located on the southwest side in Mexicantown Mercado and has helped more than 80,000 residents. The original center offers services such as preparing tax returns and giving more than 1.2 million pounds of food. Ford says the return on investment for the community is $3 for every $1 spent on the programs by Ford.
The new center is due to open in early 2017 and will be managed by the Detroit Public Schools Foundation.