Used Ford models in New York could benefit from the Ford Foundation’s efforts to support of the country’s economy.

The recession has cost many Americans their jobs and led them into deep levels of debt, prompting the Ford Foundation to launch a five-year, $80 million effort to stabilize the financial situations of families in the U.S. The project concentrates on improving employment opportunities for low-wage workers and modernizing the public programs that Americans need when they are having difficulty supporting their families.

“Millions of Americans are working hard to build economic security for their families, yet antiquated labor policies actually set them up to fail,” said Luis Ubinas, president of the Ford Foundation. “These grants are about building a smarter system that rewards responsibility and brings basic economic security within reach of more workers.”

Edsel Ford, the former president of the Ford Motor Company, chartered the Ford Foundation in 1936, according to FordFound.org. Since its inception, the foundation has distributed more than $15 billion worldwide. It’s possible that such philanthropy has contributed to the popularity of used Ford models in New York.