As one of the nation's largest philanthropic organizations, the Ford Foundation can afford to be generous. The foundation offers grants to individuals and institutions worldwide that work to meet its goals of strengthening democratic values, reducing poverty and injustice, promoting international cooperation, and advancing human achievement. The Ford Foundation's charitable giving has run the gamut from A (Association for Asian Studies) to Z (Zanzibar International Film Festival). The foundation has an endowment of about $10 billion. Established in 1936 by Edsel Ford, whose father founded the Ford Motor Company, the foundation no longer owns stock in the automaker or has ties to the founding family.