In 1977, he shot a hole in one during a Pro-am held in conjunction with the Danny Thomas Memphis Classic at Colonial Country Club in Memphis, Tennessee. He hosted the Jerry Ford Invitational in Vail, Colorado from 1977 to 1996.[citation needed]
In 1977, Ford established the Gerald R. Ford Institute of Public Policy at Albion College in Albion, Michigan, to give undergraduates training in public policy. In April 1981, he opened the Gerald R. Ford Library in Ann Arbor, Michigan, on the north campus of his alma mater, the University of Michigan,[171] followed in September by the Gerald R. Ford Museum in Grand Rapids.[172][173]
Ford considered a run for the Republican nomination in 1980, forgoing numerous opportunities to serve on corporate boards to keep his options open for a rematch with Carter. Ford attacked Carter's conduct of the SALT II negotiations and foreign policy in the Middle East and Africa. Many have argued that Ford also wanted to exorcise his image as an "Accidental President" and to win a term in his own right. Ford also believed the more conservative Ronald Reagan would be unable to defeat Carter and would hand the incumbent a second term. 