Connections 1
funded
-
RAND Corporation
Jul 1948
$1M
Primary record
1
An interest-free loan and a guarantee of a bank loan, $1 million in total.
Timeline 1 date
- Jul 1948 Ford Foundation funded RAND Corporation
Proof 1 source
-
RAND and the Information Evolution: A History in Essays and Vignettes (CP-537), RAND Corporation, 17 Nov 2008.
Primary record
Informal discussions with representatives of the Ford Foundation led to an agreement at the end of July 1948 for an interest-free loan from the foundation and its guarantee of a private bank loan to RAND. A total of $1 million was secured for operating the new corporation.
Page history 1 change
- Tell Santa Monica's story and link entries to their stories (0.4.0)8f57652
Something wrong or missing? Tell us, with a source, or edit this page.