The New Ford Foundation is generous and stands out among the major foundations. During the reorganization of 1950, the donation reached $24 million, which has been rising since then, ranking first among major foundations. The expenditure of 1954 is nearly $68 million, which is four times that of Rockefeller Foundation ranked second and 10 times that of Carnegie Foundation ranked third. 1956, in order to comply with the trend and policy of decentralization at that time, the foundation decided to list its 1/5 Ford shares at a price of 64.3 billion dollars, which was the largest common stock transaction in the history of Wall Street. Earlier, the Foundation announced that most of the proceeds from the stock sale-more than 500 million US dollars-will be used for donations in the next year and a half, which is unprecedented in the history of public welfare undertakings in the United States, greatly exceeding the total donation of the Ford Foundation since its establishment in 18, equivalent to 1.5 times of its previous total donation in 18. Half of the money was donated to 6 15 private universities and colleges of arts and sciences to raise teachers' salaries, and the other half was donated to 3,500 private non-profit hospitals and 45 private medical schools. Throughout the second half of the 20th century, except for a few years, the assets and expenditures of the Ford Foundation ranked first among all foundations.