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Darren Walker is a humanitarian and the eleventh Present of the Ford Foundation. He is an expert in philanthropy, law, nonprofit organizations, servant leadership, communications, welfare, international affairs, housing, human rights, urban development, democracy building and community development, as well as social justice, good governance, marginalized groups and the humanities, poverty alleviation, mentoring and public education . Walker, who was in Abuja on Fray May 16, 2014 “for talks about the difficulties and prospects for girls in Nigeria and West Africa”, remarked in human solarity that “Chibok girls are Nigerians but belong to the world”. for the safe return of the Chibok children. Walker worked in the financial industry earlier in his career. He chaired the 2013 Gish Awards selection committee and praised Spike Lee’s “brilliance and unwavering daring in using film to challenge traditional thinking”. He was a member of New York Mayor Bill de Blasio’s transition
Advisory Team, announced in November 2013, comprised of a diverse group of experienced professionals in nonprofit, public affairs, civic life, business, labor, scholarship, arts, grassroots, advocacy, academia, and philanthropy, as well as subject matter experts. Walker delivered the 2014 commencement address at Miami Dade College, the largest and most diverse college in the United States with seven campuses, two centers and over 165,000 students from around the world. Walker was appointed Present of the Ford Foundation on July 24, 2013 by the board led by Irene Hirano Inouye and the Social Sector,” sa Ford Foundation Board of Trustees Chair Irene Hirano Inouye of Walker’s selection. He represents the best of all worlds, with conserable experience in both the corporate and non-profit sectors, a sol command of the substance of our work and a committed leadership that is primarily based on collaboration and partnership.
Darren Walker Net Worth : $ 0.7 Million
Let’s check out the updated Darren Walker Net Worth Income Salary Report for 2021 given below:
Salary/income of Darren Walker:
Per year: $4,00,000. Per month: $32,000. Per week: $8,000
Per day:
Per hour:
Per minute:
Per second:
$1140
$19
$0.3
$0.05
Darren Walker Wiki
net worth
$700,000
Date of birth
1960-01-01
profession
Present of the Ford Foundation
profession
Director, writer, camera department
education
University of Texas at Austin
nationality
United States
nicknames
Darren Walker, Walker, Darren
Darren Walker FAQ
How d Darren Walker get so rich?.
How much does Darren Walker earn per day?.
Let’s Check Out Darren Walker Wife/Husband Net Worth?.
How much does Darren Walker earn per day?.
How Much Darren Walker Net Worth?
How Darren Walker got rich?.
How does Darren Walker make money?
What is Darren Walker’s income?.
How Much Darren Walker Salary?.
How old is Darren Walker?.
How tall is Darren Walker Height?.
How much does Darren Walker make?
Darren Walker’s total compensation as president and a trustee of the Ford Foundation was $1.1 million in 2018.
How old is Darren Walker?
How much does the CEO of the Ford Foundation make?
In Providence, the Rhode Island Foundation’s Neil Steinberg oversees a comparatively small staff and the foundation he leads is a small fraction of the size of the Ford Foundation — and he receives $1.1 million in total compensation according to the Foundation’s most recent tax documents for the year 2019 filed by the …
How much does the head of the Ford Foundation make?
The Ford Foundation, which is one-third the size of the Gates Foundation in assets, paid its president, Luis A. Ubinas, $718,084, and vice president, Linda Strumpf, $1,113,590.
Who is Darren Walker’s partner?
| Darren Walker | |
|---|---|
| Born | August 28, 1959 Lafayette, Louisiana, U.S. |
| Education | University of Texas, Austin (BA, BS, JD) |
| Occupation | President of the Ford Foundation |
| Partner(s) | David Beitzel (died 2019) |
How much is the Ford Foundation worth?
The Ford Foundation
Through prudent investment, this original endowment has grown to some $16 billion today.
Where was Darren Walker born?
The Business of Hope: Darren Walker
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See some more details on the topic How Much Money Does Darren Walker Make Latest Darren Walker Net Worth Income Salary here:
Darren Walker Net Worth – Digital Global Times
His salary is based on his experience as a lawyer, and his net worth is estimated at $13 million by 2021. His primary source of income is Forbes …
Source: digitalglobaltimes.com
Date Published: 7/11/2021
View: 8334
Darren Walker Bio-Wiki, Age, Height, Family, Husband, Salary …
Serving as the Present of the Ford Foundation, he receives an average annual salary of $160,408. Darren Walker Net Worth. Darren Walker has an estimated net …
Source: factsbio.com
Date Published: 9/6/2021
View: 9362
How Much Money Does Darren Walker Make … – 650.org
How Much Money Does Darren Walker Make? Latest Darren Walker Net Worth Income Salary · Darren Walker Net Worth : $ 0.7 Million · Darren Walker Wiki · Darren Walker …
Source: www.650.org
Date Published: 2/20/2022
View: 5519
Darren Walker Net Worth (2022) – Wallmine
Darren Walker serves as Director of the Company. He has served as Present of the Ford Foundation, a philanthropic organization, …
Source: wallmine.com
Date Published: 3/7/2021
View: 8568
Darren Walker Bio-Wiki, Age, Height, Family, Husband, Salary, Net Worth
Darren Walker Biography and Wiki
Darren Walker is popularly recognized as a nonprofit leader who became the first nonprofit in US history to issue a $1 billion social bond to help stabilize nonprofits in the wake of COVID-19. He is also a member of the Reimagining New York Commission and co-chair of the 2020 NYC Census. Walker was previously Vice President of the Rockefeller Foundation and COO of the Abyssinian Development Corporation in Harlem.
He is also known as a co-founder of the US Impact Investing Alliance and the Presidents’ Council on Disability Inclusion in Philanthropy.
Age and birthday of Darren Walker
Darren was born on August 28, 1959 in Lafayette, Louisiana, USA. He will be 62 years old in 2021. His birth sign is Virgo. Walker will be 63 years old in 2021.
Darren Walker Height
Walker is of average build, approximately 5ft 7in tall and is of moderate weight. Its exact dimensions are currently being checked and will be updated shortly.
Darren Walker Education
Darren competed in the first Head Start class of 1965. Head Start is a US Department of Health and Human Services program that provides comprehensive early childhood education, health, nutrition, and parenting services to children and low-income families. Walker later transferred to the University of Texas at Austin, also known as UT Austin, UT or Texas, is a public land grant research university in Austin, Texas. It came with the help of a grant provided by the US federal government for students who need it to pay for college.
He then graduated in 1982 with a Bachelor of Arts in Government and a Bachelor of Science in Voice Communications. Walker later enrolled at the University of Texas School of Law, where he received a Juris Doctor in 1986.
Darren Walker family, parents, siblings
Attempts to establish the identity of his parents have been in vain as no information about them is available to the public. It is therefore not clear whether he has siblings. However, he was born and raised in Lafayette, Louisiana. More information on his family background will be updated shortly as it becomes known.
Darren Walker Husband | gay, is he married?
Moving on to his relationship endeavors, the famous executive is openly gay and fully comfortable with his sexuality. He was previously in a romantic relationship with David Beitzel. The duo dated for 26 years shortly before David succumbed to cardiac arrest caused by an aortic dissection on January 20, 2019. David previously worked for the Sperone Westwater Gallery before opening the David Beitzel Gallery on Prince Street in 1986 when SoHo was emerging as the new arts center in New York City. We keep track and will update his partner’s data soon.
Darren Walker Salary
According to the Board of Directors of PEPSICO INC, Darren Walker earns total compensation of $301,667 for a position he held through May 2020. As President of the Ford Foundation, he receives an average annual salary of $160,408.
Darren Walker Net Worth
Darren Walker has an estimated net worth of $13 million as of 2021. That amount comes from his extensive role as President of the Ford Foundation, among other investments.
Darren Walker Ford Foundation
The Ford Foundation is an American private foundation with a mission to advance human well-being. The organization was founded in 1936 by Edsel Ford and his father, Henry Ford, and was originally funded by a $25,000 gift from Edsel Ford. Walker was appointed President of the Ford Foundation in 2013.
Early in his presidency, Walker said that every grant from the Ford Foundation would be used to fight inequality in all its forms, and embraced fundamental changes such as redirecting foundation funds to mission-oriented investments and awarding billions of dollars in grants non-profit organizations that do this can decide for themselves how to spend the money.
Darren Walker book
Walker is the renowned author of From Generosity to Justice: A New Gospel of Wealth, a book in which he offers a bold vision for philanthropy in the 21st century.
social media
Darren Walker
For more information, see Ford Foundation.
Since 2013, Darren Walker has served as President of the Ford Foundation, one of the largest left-leaning grantmaking foundations in the United States. [1] In 2015, he led a major overhaul of Ford’s funding priorities to create what Walker called a “social justice infrastructure” that would produce “an entire generation of social justice leaders around the world.” . [2] [3] Some representative examples of left-leaning political advocacy organizations funded by the Ford Foundation in 2019 were the Center for Popular Democracy ($1 million), Center for American Progress ($730,000), Allied Media Projects (3 .2 million dollars). ), the New America Foundation ($2.5 million), the Center for Community Change ($5.3 million), the Economic Policy Institute ($2.7 million), the Alliance for Justice ($2.6 million) and the Alliance for Youth Organizing ($2 million). [4]
In a September 2019 interview with The New York Times entitled “How Being a 13-Year-Old Busboy Prepared Darren Walker to Lead the Ford Foundation,” Walker explained that America produces “the kind of capitalism that Adam Smith is ashamed of would. ” Walker argued: “We capitalists do not like to talk about two things: redistribution and regulation. If our capitalism is to thrive, we need to talk about those two things.” Walker also said, “This is going to sound snarky, but if you want the American Dream, move to Canada because Canada has a higher level of social and economic mobility than we are in this country.” [5]
Walker’s total compensation as President and Trustee of the Ford Foundation in 2018 was $1.1 million. [6] As of 2016 and at least until May 2020, he also served as a board member at PepsiCo. [7] [8] In 2017, PepsiCo announced that combined annual cash and stock compensation for non-employee directors would increase to $290,000. [9]
background
Darren Walker is President of the Ford Foundation, one of the largest left-leaning foundations in the United States. Walker is an active Twitter user (@DarrenWalker). He primarily uses Twitter to promote events, shows and media in which he is involved, to promote Ford Foundation initiatives and media coverage, and to provide general comments on philanthropy. [10] [11]
Walker was born in 1959 in Lafayette, Louisiana. Walker moved to Texas when he was about four years old, where he lived with his mother and aunt. He attended the University of Texas at Austin and received his bachelor’s degree in 1982. In 1986 he graduated from the University of Texas Law School. [12]
In 2019, Walker laid out his vision of philanthropy in a book, From Generosity to Justice: A New Gospel of Wealth, published by the Ford Foundation. In it, Walker and other contributors argued that philanthropy is “an instrument for achieving economic, social, and political justice” and that justice requires “that all members of society recognize their privileges and their position, address the causes of social ills, and seek and hear those.” to those who live in the midst of and experience injustice.” [13]
early career
After graduating, Walker relocated to New York City to work for the prestigious law firm of Cleary, Gottlieb, Steen and Hamilton. However, he found the long hours difficult. He quit the law firm and took a job at UBS selling mortgage-backed securities. Those two roles, Walker said, helped him understand the markets as well as project finance and client management. [14] [15]
In 1991, Walker saw an issue of The Economist entitled “America’s Wasted Blacks.” This led to another career change. Walker left UBS and the next year volunteered at an elementary school in Harlem: Children’s Storefront School. [16]
His next big job was as Chief Operating Officer of the Abyssinian Development Corporation, a non-profit development project of the Abyssinian Baptist Church of Harlem. Here he used his background in finance to develop community revitalization projects for Harlem, including building a community school and homes for poor families. [17] [18]
In 2001, Walker joined the Rockefeller Foundation, where he served as Director of the U.S. Recovery Program in response to Hurricane Katrina from 2001 to 2005. [19] [20]
Ford Foundation
The Ford Foundation is a major funder of left-leaning business, labor, and climate organizations, having committed at least $50 million to these causes in 2015 alone. Examples included $2.8 million for the Center for American Progress, $2.6 million for the Center for Community Change, $2.4 million for the National Employment Law Project, $2.3 million for the Leadership Conference Education Fund, and more than $1.8 million for the Center on Budget and Policy Priorities. [21]
At the end of 2018, the Ford Foundation had assets of $12.6 billion. As President, Walker oversees more than $500 million in annual grants. In 2018, the foundation issued grants totaling $536 million, compared to a record high of $668 million in 2017. The foundation’s operating expenses were $103 million in 2018, about as in 2016 and 2017. [22]
Federal guidelines require that private foundations distribute at least 5% of their assets annually through grants or charitable activities. [23] The Ford Foundation’s distributions exceeded this limit, ranging between 5.1% and 6.2% over the five-year period from 2013 to 2017. [24]
Darren Walker’s total compensation as President and Trustee of the Ford Foundation in 2018 was $1.1 million. [25]
Early work at the Ford Foundation
In March 2010, Walker was hired by the Ford Foundation as Vice President of one of its three main program areas: Education, Creativity and Free Speech. In this role, Walker was given authority over more than $150 million in annual grants. Upon hiring, the Ford Foundation said in a statement that Walker would “lead the foundation’s work in the areas of school reform, next-generation media regulation, development of new art spaces, and sexual health and rights worldwide.” [26]
During his tenure as Vice President for Education, Creativity and Free Speech, Walker oversaw 30 percent of the Ford Foundation’s grants. Projects he has funded include Just Films, a documentary film fund, and ArtPlace, a public-private collaboration for cultural development in rural areas of the United States. He also oversaw offices that oversaw grants for Africa and the Middle East. [27]
President of the Ford Foundation
In 2013, Walker assumed leadership of the Ford Foundation and became its 10th President. The Ford Foundation’s endowment had declined significantly during the 2008-2009 recession, leading to significant staff reductions. While endowment funds had grown after the recession, the Ford Foundation’s staffing levels remained at lower levels. Upon taking office as president, Walker announced that Ford would “not take a formulaic approach to staffing” but would align the foundation’s staffing with its grantmaking strategy. [28]
Among his early goals, Walker set about repairing the difficult relationship the Ford Foundation had long had with the Ford family (heir to Ford Motor Company founder Henry Ford) and with the city of Detroit, both of which felt that the Ford Foundation had left them behind. In 2014, as Detroit faced federal bankruptcy, the bankruptcy mediator appealed to various foundations to contribute hundreds of millions of dollars to save Detroit from bankruptcy. After months of negotiations, Walker agreed to a Ford Foundation donation of $125 million over 15 years as part of a “great bargain” to save Detroit, arguing, “We cannot give up our cities.” [29]
General funding priorities
After taking over as President of the Ford Foundation, Walker spent two years conducting an organizational evaluation. In 2015, he announced major strategic and operational changes with his “Ford Forward” plan. The plan reduced the areas in which the Ford Foundation was involved from 35 initiatives to just 15. The goal, Walker said, is “to do less things better, rather than more with less than our best.” The result was fewer but larger grants. The Ford Foundation also began contributing more to funding the operating budgets of the organizations it funded than just programmatic funding. Walker announced that Ford would stop funding “conditional cash transfers in Latin America, microfinance and in the US our initiatives to extend the school day, build art spaces, bring religion to the public and more.” [30]
Most importantly, Walker announced that Ford would “focus on tackling inequality” and would “devote all his money and influence to curbing financial, racial, gender and other injustices.” The goal of this change was to create what Walker called the “social justice infrastructure” to develop “an entire generation of social justice leaders around the world.” [31] [32]
The foundation works in seven areas. [33]
Civic engagement and government
Creativity and free expression
future of work(s)
Gender, Racial and Ethnic Justice
Cities and regions only
Natural resources and climate change
technology and society
Within these seven areas, grantees must demonstrate how their work addresses inequality. For example, Walker said that Ford would continue to provide grants to help local communities take control of their natural resources, but grantees “now need to show they are protecting people disproportionately affected by global warming.” The Ford Foundation will continue to support arts and culture, but “artists, filmmakers and choreographers need to focus on social justice and challenge ‘dominant narratives’ that perpetuate inequality.” [34]
Some representative examples of left-leaning political advocacy organizations included in the Ford Foundation’s 2019 overall grant priorities were Center for Popular Democracy ($1 million), Center for American Progress ($730,000), Allied Media Projects ( $1.5 million) and The New America Foundation ($2.5 million), Faith in Action ($855,000), the Institute for Policy Studies ($550,000) and Friends of the Earth ($220,000). [35]
Also in 2019, Ford awarded at least $69.2 million in general grants to four fiscal sponsorship and pass-through organizations with a history of strong support for left-leaning political programs: Rockefeller Philanthropy Advisors ($47 million), New Venture Fund ($10.7 million), NEO Philanthropy ($6.2 million) and Borealis Philanthropy ($5.3 million). [36]
Funding of the BUILD program
In addition to the Ford Foundation’s overall grant priorities noted above, Walker’s new philanthropy strategy in 2015 also included the creation of a dedicated $1 billion five-year commitment to the BUILD program. BUILD was funded as a project to “strengthen selected organizations and networks that are central to our overall strategy to reduce inequality”. [37] [38] This marked a major shift away from the wide-net approach previously pursued by the Ford Foundation and toward a much more focused development of “strategic partner” relationships with a select group of grantees who “would work together to influence broader networks and fields…”[39]
As of 2019, the Ford Foundation’s BUILD program had 270 partner organizations in 26 countries. [40]
Ford awarded $67.1 million in US BUILD grants in 2019. Some representative examples of left-leaning political advocacy groups that received BUILD grants in 2019 were the Center for Community Change ($5.3 million), Economic Policy Institute ($2.7 million), and Allied Media Projects ($1 $.7 million), Alliance for Justice ($2.6 million), Alliance for Youth Organizing ($2 million), Grassroots Policy Project ($2.4 million). State Voices ($600,000) and Demos ($300,000). [41]
activism and controversy
In addition to his role at the Ford Foundation, Walker is involved in a variety of other organizations. He is co-chair of the New York City Commission on City Art, Monuments, and Markers. He is a member of the Commission on the Future of Rikers Island Correctional Institution, the United Nations International Labor Organization Commission on the Future of Work, the Council on Foreign Relations, and the American Academy of Arts and Sciences. [42]
Walker also serves on the boards of PepsiCo, Carnegie Hall, the Committee to Protect Journalists, the National Gallery of Art, the High Line, the Smithsonian’s National Museum of African American History and Culture, Art Bridges, the HOW Institute for Society, VOW to End Child Marriage and the Global Steering Group for Impact Investment. [43]
PepsiCo board controversy
In 2016, Walker joined the Pepsico board of directors. [44] This led to controversy over Ford’s stated primary goal of poverty alleviation, the link between obesity and poverty in the United States, and how these factors could potentially conflict with PepsiCo’s business model of selling sugary products while lobbying against To make regulatory proposals that are promoted as a cure for obesity. [45] [46]
A New York Times report: “Pro-poor activist joins Pepsi board of directors. Is that ethical?”, referring to Pepsi’s “history of questionable behavior” and questioning whether Walker was used to tarnish Pepsi’s reputation. A former Ford Foundation board member, Michael Edwards, told the Times, “I don’t know why he’s doing this… There is a risk that he’ll be seen as inconsistent.” Professor Michael Seigel of Boston University said that “to say , they want these problems solved while at the same time campaigning against public health legislation that would help solve these problems” is “exactly what the tobacco companies have been doing”. [47]
Shortly after Walker joined PepsiCo’s board of directors, the Chronicle of Philanthropy published an article by former Ford Foundation board member Michael Edwards entitled “Foundation CEOs Shouldn’t Serve on Corporate Boards.” Edwards argued that Walker took “an opportunity unavailable to 99 percent of his peers, one that could make him millions of dollars in the years to come” and that this was inconsistent with Walker’s message that “we’re doing everything.” should do what we can to make our world a fairer place.” [48]
As of May 2020, Walker was still on the board of PepsiCo. [49] In 2017, PepsiCo announced that combined annual cash and stock compensation for non-employee directors would increase to $290,000. [50]
Riker’s Island Prison controversy
In 2019, Walker wrote an article titled “In Defense of Nuance,” supporting the plan by the Independent Commission on New York City Criminal Justice and Incarceration Reform (a commission Walker served) to put the prison on Rikers closing Iceland and replacing it with “smaller substitute prisons.” [51] In response, prison abolition activists, including over 100 Ford Foundation Fellows, wrote an open letter to the Ford Foundation, outlining Walker’s “characterization of organizations, activists and advocates fighting for the abolition of prisons as “extremists” and “ideological purists” condemned”. ”[52]
This was followed by a protest outside the Ford Foundation headquarters, with demonstrators chanting, “Darren Walker, we won’t let you sabotage abolitionist abolition with reformist camouflage.”[53]
criticism of capitalism
Walker has expressed his support for capitalism, saying that his “faith in our capitalist democracy is unshakable”. However, because of inequality, Walker believes America has “the kind of capitalism Adam Smith would be ashamed of.” Walker argued: “We capitalists don’t like to talk about two things: redistribution and regulation. If our capitalism is to thrive, we need to talk about those two things.” Walker also said, “This is going to sound snarky, but if you want the American Dream, move to Canada because Canada has greater levels of social and economic mobility than we are in this country.” [54]
Walker has also argued that “Philanthropy would not exist without capitalism. You cannot decouple philanthropy from capitalism.” [55]
political donations
Compared to the billion-dollar philanthropic empire he oversees, Walker has a very modest history of campaign contributions, but leans heavily on the Democrats. He donated a total of $750 to Barack Obama’s 2008 and 2012 presidential campaigns and $500 to Hillary Clinton’s 2008 presidential campaign. Walker also made donations to various Democratic congressional candidates, including Clyde Williams, Sean Patrick Maloney, Kendrick Meek, and Ron Kirk. His only donation to a Republican candidate appears to have been in 1991, when Walker donated $1,000 to Texas Republican Dan Branch. [56]
Darren Walker Net Worth (2022)
Biography of Darren Walker
Darren Walker serves as a director of the company. Since 2013 he has been President of the Ford Foundation, a philanthropic organization. From 2010 to 2013 he was Vice President for Education, Creativity and Free Speech at the Ford Foundation. Before joining the Ford Foundation, Mr. Walker worked for the Rockefeller Foundation, a philanthropic organization, and served as Vice President, Foundation Initiatives from 2005 to 2010. From 1995 to 2002 he was Chief Operating Officer of Abyssinian Development Corporation, a community development organization in the Harlem area of New York. Before that, Mr. Walker held various positions in finance and banking at UBS AG. Mr. Walker currently serves on the board of directors of PepsiCo, Inc. and on the boards of several non-profit organizations including the National Gallery of Art, Lincoln Center for the Performing Arts, Friends of the High Line, and the Smithsonian National Museum of African American History & Culture and Carnegie Hall. Mr. Walker is also a member of the Council on Foreign Relations and the American Academy of Arts and Sciences. Mr. Walker holds B.A., B.S. and J.D. from the University of Texas at Austin.
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