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Tags: new york times | ford foundation | darren walker

New York Times Lavishes Praise on Ford Foundation Chief, Wins Funding

walker speaking from a podium
Ford Foundation President Darren Walker (Getty Images)

Ira Stoll By Tuesday, 05 October 2021 10:44 AM Current | Bio | Archive

Behold the coverage that the New York Times has lavished on the president of the Ford Foundation, Darren Walker.

An April 2020 Thomas Friedman column proposed Walker as secretary of Housing and Urban Development in a Biden “national unity cabinet.”

A September 2020 “corner office” interview gushed that Walker “has the ear of the business world’s elite … a magnetic personality … even with such success, Mr. Walker says he has not lost sight of his mission.”

A July 2019 profile, headlined, “The Man With the $13 Billion Checkbook,” described Walker as “one of the best-connected people in New York, a city that runs on connections … a serious man and demanding chief executive who can whip up blender drinks and gumbo for 50 … He was intersectional before his time.”

In November 2018, Times critic Michael Kimmelman wrote a glowing New York Times review of the Ford Foundation’s headquarters as newly renovated by Walker at a cost of $205 million. “By opening up the building, Ford’s renovation serves the foundation’s social justice mandate. It also recognizes the architecture’s original public-spirited, civilizing mission. A half-century old, the new Ford remains a singular gift to the city.”

A 2014 joint interview of Walker featured softball questions from the Times reporter like, “How did you cope when reality began to exceed your dreams?” and “Do you ever stop noticing that you’re the only person of color, the only gay person sitting in the powerful conference room?”

In recent months, the Ford Foundation has opened that “$13 billion checkbook” — which has swelled in the meantime to nearly $16 billion — for the Times.

In December 2020, the New York Times Company announced it had raised $1.5 million from the Ford Foundation “to launch Headway, a journalism initiative to investigate global and national challenges.”

The Times press release announcing Headway declared that “Michael Kimmelman, founder of the Headway project, will serve as editor at large.” That’s the same Michael Kimmelman who wrote the Times article praising the Ford Foundation’s headquarters renovation.

In July 2021, the New York Times announced that the Ford Foundation “is providing a $150,000 grant” to pay a Times journalist to “produce stories that illuminate and explain issues that are relevant to the 19 percent of the U.S. population who currently live with a disability – and to countless others who care about them and these matters.”

The Times Company is telling shareholders that business is booming.

Its CEO, Meredith Kopit Levien, said in an August press release that the company’s “more than 8 million paid subscriptions” are “a testament to the success of our strategy,” and that the company had seen a quarter of “strong revenue and profit growth.” Not exactly a profile for the Times Neediest Cases Fund.

If business is so good, why does the company — controlled by heirs of the Ochs-Sulzberger family like publisher A.G. Sulzberger, whose New York Times Company stock is worth more than $100 million — need charity?

And why doesn’t the Ford Foundation send the charitable money to poor people in Africa or Appalachia rather subsidizing the Sulzberger heirs and their fellow New York Times Company shareholders?

Some readers or Times journalists may think the proper role of the Times with respect to powerful institutions like the Ford Foundation is skeptically investigating them, rather than buttering them up or soliciting them for charitable funding.

An example of such skeptical coverage was a Jewish Telegraphic Agency series, “Funding Hate,” that documented “how Ford grantees were using the prestigious foundation´s money to foment virulent anti-Israel and anti-Semitic agitation in the Middle East and worldwide.”

That series followed a 1999 dispatch I wrote headlined, “Latest Ford Foundation Grantees Would Sure Make Henry I Proud,” a reference to Henry Ford’s notorious antisemitism.

The Foundation, whose employees have included Kamala Harris’s sister and Barack Obama’s mother, is certainly a formidable cultural and political force — “the Exchequer and Command Post for the entire American Left,” as a Nixon administration memo once described it.

The Times press columnist, Ben Smith, has shown signs of curiosity about the Ford Foundation’s ill-fated investment in Ozy Media, whose co-founder and chief financial officer impersonated a YouTube executive during a capital-raising videoconference with Goldman Sachs.

Smith reported Monday, “Even when Ozy was in damage-control mode during its final days, the Ford Foundation president Darren Walker lent a hand, saying in an email to The Times, ‘In an increasingly diverse world, it’s no coincidence that a company with co-founders of Black and Indian descent would be so successful.’ (Mr. Walker didn’t respond to an inquiry on the company’s implosion.)”

The Washington Free Beacon’s Chuck Ross reports, “Ford Foundation gave $2 million to Ozy in 2016-2017. Earlier this year, Ozy's Carlos Watson did an interview with Ford's president, Darren Walker, in which he praised him as one of the ‘biggest, boldest thinkers in the world.’”

If the Times decides to really dig on the Ozy-Ford Foundation story, maybe it could push past Mr. Walker and interview Gabrielle Sulzberger, a Ford Foundation trustee since 2016.

“Her life experience gives her an understanding of the foundation’s deep commitment to reducing inequality and promoting social mobility,” Walker said in announcing her appointment.

At the time she joined the Ford Foundation board, she was married to then-Times chairman and publisher Arthur Ochs Sulzberger Jr. The two have since separated, according to the Times.

Anyway, let’s hope the Ford Foundation philanthropic partnership with the New York Times works out better than the Ford Foundation’s deal with Ozy Media.

Darren Walker, at least, has already garnered plenty of positive coverage.

Ira Stoll is editor of FutureOfCapitalism.com and author of "JFK, Conservative." Read Ira Stoll's Reports — More Here.

© 2021 Newsmax. All rights reserved.


Ira-Stoll
In recent months, the Ford Foundation has opened that “$13 billion checkbook” — which has swelled in the meantime to nearly $16 billion — for the Times.
new york times, ford foundation, darren walker
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2021-44-05
Tuesday, 05 October 2021 10:44 AM
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