Ford Foundation gives $1 million to support exchange programs in China
May 10, 2012
The Ford Foundation recently announced it will provide $1 million in contributions to support the "100,000 Strong" effort that aims to boost the number of U.S. students who pursue a portion of their academic studies in China.
The foundation's contribution will be used for a public-private partnership that will not directly fund exchange students, but instead will encourage support from interested organizations, institutions, corporations and foundations. The funding will then be used to promote the initiative and expand exchange programs.
For the past two years, 100,000 Strong has been developing within the State Department and was finally announced last week in Beijing at the conclusion of Secretary of State Hillary Rodham Clinton's official visit. In 2009 through 2010, just 14,000 U.S. students studied in China, while 157,000 Chinese students attended American universities, according to the Institute of International Education. The initiative aims to increase the number of U.S. students studying in China to 100,000, hence the name of the effort.
"We've always seen 100,000 Strong as the beginning of a movement among Americans to take greater interest in learning about China, understanding Chinese culture and learning Mandarin," 100,000 Strong director Carola McGiffert said. "Encouraging a global perspective among our young people will pay great dividends for our country and for the U.S.-China relationship in the future."
Initiatives established in the form of public-private partnerships instead of grants or donations might benefit from nonprofit financial management
that can help track funds and meet a variety of accounting needs.