To increase journalists' knowledge of complex issues to improve public understanding and to encourage excellence in journalism through awards and programs.

501(c)(3) charity; gifts are tax-deductible.
72¢ of each $1 spent went to programs.
$268K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 5
filings with a surplus
Average surplus $106K a year · 6% of revenue · last 5 filings
Worth a look: a surplus in 3 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
72%
of spending
Fine: 72% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$268K
to officers and key staff · 19% of spending
Fine: pay to officers and key staff is 19% of spending; 15% to 20%.
Pt VII · Sec A
14 mo
of spending, in cash
Plus $4.9M in investments, Pt X · Ln 11–13
Looks good: 13.8 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
6
named funders · $601K
Looks good: 6 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$305K
4% of total assets
Looks good: liabilities are 4% of assets; 50% or less.
Pt X · Ln 26
Independent board members
21
of 21 voting members
Looks good: 21 of 21 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$1.9M
+24% vs prior year
Spent
$1.4M
To programs
72%
Net assets
$6.8M
By yearFY2020–FY2024
Revenue
$1.9M
FY2021▲ +24%
Tap a bar for its year
Revenue by fiscal year
FY2020$1.5M
FY2021$1.9M
FY2022$1.7M
FY2023$1.5M
FY2024$1.9M
Expenses
$1.4M
FY2021▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$1.2M
FY2021$1.4M
FY2022$1.8M
FY2023$2.0M
FY2024$1.8M
Net assets
$6.8M
FY2021▲ +13%
Tap a bar for its year
Net assets by fiscal year
FY2020$6.0M
FY2021$6.8M
FY2022$6.7M
FY2023$6.5M
FY2024$6.5M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Jan 1977.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

72 cents of each dollar spent went to programs.

Program services 72% · $992K Management & general 16% · $227K Fundraising 12% · $168K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $268K paid to officers and key staff.

Part VII, Section A · reportable compensation
President
$157,000Pt VII · Sec A
Director of Training and Content
$111,172Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Director
$0Pt VII · Sec A

Compensation history total reportable pay by year · 4 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sonni Efron——$163,340$157,000$146,828
Anne Godlasky$153,800$148,592$123,388——
Rachel Jones$122,950$117,733$115,867——
Christopher Adams———$111,172$117,050

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See National Press Foundation INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Educates journalists on complex topics and rewards outstanding reporting to foster public understanding.

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Provided by the organization

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3 programs · $341K · in their own filed words · FY2021
01

Criminal Justice

Convened 25 journalists in Chicago for a program on covering criminal justice issues featuring 25 speakers, including criminologists, advocates, police officers, public school officials, sociologists, community leaders and notable journalists.

$141Kprogram expense
02

Bioenergy

Produced a hybrid program in October 2021 on covering biomass and COP26 that combined a trip to North Carolina for 11 journalists from the U.S. and U.K., followed by seven Zoom sessions. The online trainings were attended by 25 fellows - the 11 in-person fellows along with 14 who were unable to travel due to COVID restrictions.

$106Kprogram expense
03

Poverty and Inequality

Conducted eight online trainings on covering poverty and inequality in the U.S. from March to November 2021. Gave out second round of awards for journalists covering families in poverty during the pandemic.

$95Kprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
See all 6 funders →
Grants paid · 22 grants · $493K · 2020–2024
Unitemized GrantFY2024$99,287
Wunc Public Radio LLCNC · FY2024$5,625
Unitemized GrantFY2023$68,718
Sij Holdings LLC (dba McClatchy Shared Services Llc)FY2023$15,500
States NewsroomDC · FY2023$15,000
Sutton Impact Studio INCFY2023$2,500
Unitemized GrantFY2022$76,125
Dow Jones & CompanyFY2022$8,333
Detroit Newspaper Partnership LPFY2022$5,000
Nash Holdings LLCFY2022$5,000
Unitemized GrantFY2021$95,775
Detroit Newspaper Partnership LPFY2021$5,000
Chasing LifeFY2021$1,000
Unitemized GrantFY2020$40,545
Solas Publications INC DBA Rio Blanco Herald TimesFY2020$5,000
See all 22 grants →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$1.9M
Ln 12
Gifts and grantsLn 1h$1.6M
Investment incomeLn 3$333K
Money outPt IX
$1.4M
Ln 25
Programscol B$992K
Managementcol C$227K
Fundraisingcol D$168K
Owns and owesPt X
$6.8M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$7.1M
LiabilitiesLn 26$305K
PeoplePt VI, VII
23
listed · VII A
PaidVII A2
Voting boardVI 1a21
IndependentVI 1b21
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.6M
Government grantsLn 1e$225K
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$289K
Investment incomeLn 3$333K
Gains on assetsLn 7$268K
Total revenueLn 12$1.9M
Assets in detailPt X, end of year
CashLn 1$573K
SavingsLn 2$1.0M
Cash and savings togetherLn 1–2$1.6M
InvestmentsLn 11–13$4.9M
Land, buildings, equipmentLn 10c$111K
Other assetsLn 15$4K
Total assetsLn 16$7.1M
LiabilitiesLn 26$305K
Net assetsLn 32$6.8M
OperationsPt I, VI
EmployeesI 58
VolunteersI 64
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.3M$1.6M
InvestmentsLn 11–13$4.7M$4.9M
Land, buildings, equipmentLn 10c$136K$111K
Total assetsLn 16$6.4M$7.1M
LiabilitiesLn 26$418K$305K
Net assetsLn 32$6.0M$6.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$11K$11K
Grants to domestic individualsLn 2$96K$96K
Grants and assistance to foreign recipientsLn 3$19K$19K
Pay of current officers, directors and key staffLn 5$168K$109K$17K$42K
Other salaries and wagesLn 7$358K$256K$34K$68K
Pension plan contributionsLn 8$24K$16K$2K$6K
Other employee benefitsLn 9$85K$63K$8K$14K
Payroll taxesLn 10$43K$30K$4K$8K
Investment management feesLn 11f$36K$8K$28K$0
Other fees for servicesLn 11g$92K$32K$60K$0
Advertising and promotionLn 12$3K$2K$987$0
Office expensesLn 13$65K$40K$23K$3K
Information technologyLn 14$19K$4K$14K$789
OccupancyLn 16$142K$112K$12K$18K
TravelLn 17$47K$46K$603$0
Conferences, conventions and meetingsLn 19$113K$101K$12K$0
InterestLn 20$444$0$444$0
Depreciation, depletion and amortizationLn 22$57K$46K$5K$6K
InsuranceLn 23$6K$0$6K$0
Other expenses (24a–d)Ln 24$3K$0$0$3K
Total functional expensesLn 25$1.4M$992K$227K$168K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $1.9M$1.8M$192K$6.5M 990 PDF
FY2023 $1.5M$2.0M−$473K$6.5M 990 PDF
FY2022 $1.7M$1.8M−$85K$6.7M 990 PDF
FY2021 Viewing $1.9M$1.4M$525K$6.8M 990 PDF
FY2020 $1.5M$1.2M$370K$6.0M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support F · Foreign J · Pay O · Explanations
See the full FY2021 990 (6 parts)
Part I · Summary $1,911,967 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,260,535$1,597,907
I-9 Program service revenue$0
I-10 Investment incomePrior year $364,443$333,118
I-11 Other revenuePrior year −$80,237−$19,058
I-12 Total revenuePrior year $1,544,741$1,911,967
I-13 Grants and similar amounts paidPrior year $60,545$125,781
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $679,038$678,614
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $435,279$583,065
I-18 Total expensesPrior year $1,174,862$1,387,460
I-19 Revenue less expensesPrior year $369,879$524,507
Part VI · Governance 21 of 21 board members independent, 1 to look at
VI-1a Voting members of the governing body21
VI-1b Independent voting members21
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $1,911,967 across 11 lines filed
VIII-1c Fundraising events$289,313
VIII-1e Government grants$225,445
VIII-1f All other contributions, gifts and grants$1,083,149
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$1,597,907
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $65,152$65,152
VIII-6 Net rental income or lossExcluded from tax $2,420$2,420
VIII-7 Net gain or loss on sales of assetsRelated to mission $0 · Unrelated business $0 · Excluded from tax $267,966$267,966
VIII-8 Net income from fundraising eventsUnrelated business $0 · Excluded from tax −$28,299−$28,299
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $6,821 · Unrelated business $0 · Excluded from tax $0$6,821
VIII-12 Total revenueRelated to mission $6,821 · Unrelated business $0 · Excluded from tax $307,239$1,911,967
Part IX · Statement of functional expenses $1,387,460 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $11,000$11,000
IX-2 Grants to domestic individualsPrograms $95,775$95,775
IX-3 Grants and assistance to foreign recipientsPrograms $19,006$19,006
IX-5 Pay of current officers, directors and key staffPrograms $109,330 · Management $16,820 · Fundraising $42,050$168,200
IX-7 Other salaries and wagesPrograms $255,737 · Management $34,247 · Fundraising $67,947$357,931
IX-8 Pension plan contributionsPrograms $16,181 · Management $2,351 · Fundraising $5,685$24,217
IX-9 Other employee benefitsPrograms $63,176 · Management $8,159 · Fundraising $14,100$85,435
IX-10 Payroll taxesPrograms $30,429 · Management $4,252 · Fundraising $8,150$42,831
IX-11f Investment management feesPrograms $8,084 · Management $28,090 · Fundraising $0$36,174
IX-11g Other fees for servicesPrograms $32,020 · Management $59,579 · Fundraising $0$91,599
IX-12 Advertising and promotionPrograms $1,656 · Management $987 · Fundraising $0$2,643
IX-13 Office expensesPrograms $39,800 · Management $22,763 · Fundraising $2,576$65,139
IX-14 Information technologyPrograms $3,858 · Management $14,372 · Fundraising $789$19,019
IX-16 OccupancyPrograms $112,467 · Management $11,698 · Fundraising $17,571$141,736
IX-17 TravelPrograms $46,335 · Management $603 · Fundraising $0$46,938
IX-19 Conferences, conventions and meetingsPrograms $101,032 · Management $12,140 · Fundraising $0$113,172
IX-20 InterestPrograms $0 · Management $444 · Fundraising $0$444
IX-22 Depreciation, depletion and amortizationPrograms $46,427 · Management $4,702 · Fundraising $6,190$57,319
IX-23 InsurancePrograms $0 · Management $6,101 · Fundraising $0$6,101
IX-24 Other expenses (24a–d)Programs $0 · Management $0 · Fundraising $2,781$2,781
IX-25 Total functional expensesPrograms $992,313 · Management $227,308 · Fundraising $167,839$1,387,460
Part X · Balance sheet $7,138,068 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $240,781$572,890
X-2 Savings and temporary cash investmentsStart of year $1,030,549$1,021,221
X-3 Pledges and grants receivableStart of year $357,393$469,764
X-9 Prepaid expenses and deferred chargesStart of year $22,331$40,508
X-10c Land, buildings and equipment, netStart of year $135,860$111,326
X-11 Publicly traded securitiesStart of year $4,657,258$4,918,443
X-15 Other assetsStart of year $3,916$3,916
X-16 Total assetsStart of year $6,448,088$7,138,068
X-17 Accounts payable and accrued expensesStart of year $23,416$115,887
X-19 Deferred revenueStart of year $0$23,490
X-25 Other liabilitiesStart of year $394,852$165,417
X-26 Total liabilitiesStart of year $418,268$304,794
X-27 Net assets without donor restrictionsStart of year $3,196,387$4,047,090
X-28 Net assets with donor restrictionsStart of year $2,833,433$2,786,184
X-32 Total net assets or fund balancesStart of year $6,029,820$6,833,274
X-33 Total liabilities and net assetsStart of year $6,448,088$7,138,068
Part XI · Reconciliation of net assets $6,833,274 net assets at year end
XI-1 Total revenue$1,911,967
XI-2 Total expenses$1,387,460
XI-3 Revenue less expenses$524,507
XI-4 Net assets at start of year$6,029,820
XI-5 Net unrealized gains (losses) on investments$278,947
XI-10 Net assets at end of year$6,833,274

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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