Fund For Investigative Journalism Inc
- Assets
- $1.4m
- Revenue
- $1.2m
- Investments
- $0.0
- Employees
- 2
- Location
- Washington, DC
- Founding
- 04/1970
- Data as of
- 12/2021
- EIN
- 52-0895081
Organization Overview
Fund For Investigative Journalism Inc is located in Washington, DC. The organization was established in 1970. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Fund For Investigative Journalism Inc employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fund For Investigative Journalism Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, Fund For Investigative Journalism Inc generated $1.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 14.6% each year . All expenses for the organization totaled $739.2k during the year ending 12/2021. While expenses have increased by 12.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Fund For Investigative Journalism Inc has awarded 64 individual grants totaling $573,796. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION PROVIDES CRITICAL SUPPORT TO INDEPENDENT JOURNALISTS TO INVESTIGATE NEWS STORIES REGARDING CORRUPTION, MALFEASANCE, EXPLOITATION, MISAPPROPRIATION OF FUNDS IN THE PUBLIC AND PRIVATE SECTORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUND FOR INVESTIGATIVE JOURNALISM (FIJ) OPERATES A GRANT PROGRAM THAT PROVIDES CRITICAL SUPPORT FOR FREELANCE AND INDEPENDENT JOURNALISTS WHO PRODUCE INVESTIGATIVE STORIES THAT OTHERWISE WOULD NEVER COME TO LIGHT. OUR GRANTEES HAVE IDEAS, SOURCES, AND KNOW-HOW, BUT LACK THE FUNDS TO SUCCESSFULLY COMPLETE AN INVESTIGATIVE PROJECT. TO FURTHER SUPPORT THEIR WORK, THE ORGANIZATION ALSO SEEKS EXPERIENCED INVESTIGATIVE JOURNALISTS AS MENTORS FOR ITS GRANTEES. BEFORE AWARDING GRANTS, THE FUND RECEIVES WRITTEN COMMITMENTS FROM NEWS OUTLETS THAT SUPPORTED WORK WILL BE PUBLISHED OR BROADCAST AS LONG AS IT MEETS THE NEWS ORGANIZATIONS' STANDARDS. JOURNALISTS WHO RECEIVE GRANTS FROM THE FUND PRESENT THEIR WORK IN NEWSPAPERS, MAGAZINES, BOOKS, ON BROADCAST PROGRAMS -- TV AND RADIO -- AND ON WEB SITES IN TEXT, AUDIO, AND VIDEO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eric Ferrero Secretary/executive Director | Officer | 40 | $126,786 |
Cheryl W Thompson Vice President | Officer | 0.5 | $0 |
Alan Berlow Treasurer | Officer | 0.5 | $0 |
Anu Narayanswamy Vice President | Officer | 0.5 | $0 |
Mark Greenblatt President | Officer | 2 | $0 |
Luis Botello Member | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,013,522 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,013,522 |
| Total Program Service Revenue | $0 |
| Investment income | $32,167 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $125,020 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,170,709 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $246,946 |
| Grants and other assistance to domestic individuals. | $216,147 |
| Grants and other assistance to Foreign Orgs/Individuals | $10,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $133,849 |
| Compensation of current officers, directors, key employees. | $16,062 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $28,612 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $10,589 |
| Payroll taxes | $12,482 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $6,873 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $12,225 |
| Fees for services: Investment Management | $251 |
| Fees for services: Other | $20,012 |
| Advertising and promotion | $0 |
| Office expenses | $6,824 |
| Information technology | $10,177 |
| Royalties | $0 |
| Occupancy | $11,368 |
| Travel | $6,546 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,888 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $802 |
| Insurance | $1,592 |
| All other expenses | $0 |
| Total functional expenses | $739,183 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $481,075 |
| Savings and temporary cash investments | $148 |
| Pledges and grants receivable | $218,630 |
| Accounts receivable, net | $117 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,344 |
| Net Land, buildings, and equipment | $818 |
| Investments—publicly traded securities | $648,340 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $750 |
| Total assets | $1,352,222 |
| Accounts payable and accrued expenses | $15,306 |
| Grants payable | $300,827 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $316,133 |
| Net assets without donor restrictions | $668,692 |
| Net assets with donor restrictions | $367,397 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $1,352,222 |
Grants Awarded
Over the last fiscal year, Fund For Investigative Journalism Inc has awarded $216,752 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
Emeryville, CA PURPOSE: Investigative journalism | $20,000 |
Honolulu, HI PURPOSE: Investigative journalism | $10,000 |
Asheville, NC PURPOSE: Investigative journalism | $10,000 |
Sacramento, CA PURPOSE: Investigative journalism | $10,000 |
SAN FRANCISCO PUBLIC PRESS PURPOSE: Investigative journalism | $10,000 |
Brandon, MS PURPOSE: Investigative journalism | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 13 grants that Fund For Investigative Journalism Inc has recieved totaling $439,961.
| Awarding Organization | Amount |
|---|---|
Jonathan Logan Family Foundation Oakland, CA PURPOSE: GENERAL OPERATING | $80,000 |
Jonathan Logan Family Foundation Oakland, CA PURPOSE: GENERAL OPERATING | $80,000 |
Reva & David Logan Foundation Chicago, IL PURPOSE: GENERAL OPERATING | $75,000 |
The Morton K And Jane Blaustein Foundation Inc Baltimore, MD PURPOSE: RENEWED GENERAL SUPPORT FOR THE ORGANIZATION'S EFFORTS TO SUSTAIN INVESTIGATIVE JOURNALISM | $60,000 |
Park Foundation Inc Ithaca, NY PURPOSE: GRANTS AND SUPPORT FOR INVESTIGATIVE JOURNALISM | $50,000 |
Nara Fund Inc Thetford, VT PURPOSE: GENERAL CHARITY USE. | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Thurgood Marshall College Fund Inc Washington, DC | $121,810,471 | $98,266,975 |
Breakthrough Prize Foundation Washington, DC | $10,581,357 | $48,295,695 |
Virginia Student Aid Foundation Charlottesville, VA | $165,530,915 | $45,876,846 |
Foundation For Advanced Education In The Sciences Inc Bethesda, MD | $54,757,501 | $41,367,941 |
Horatio Alger Association Of Distinguished Americans Inc Alexandria, VA | $58,355,936 | $27,092,429 |
Somerset Community Services Inc Marion Station, MD | $23,511,474 | $20,221,070 |
American Association Of University Women Inc Washington, DC | $138,843,361 | $18,528,803 |
James Madison University Foundation Inc Harrisonburg, VA | $191,139,680 | $18,508,438 |
Indian Paintbrush Foundation Washington, DC | $2,617,521,485 | $1,521,981,843 |
Marine Corps Scholarship Foundation Inc Alexandria, VA | $149,128,193 | $34,285,716 |
Children Of Fallen Patriots Foundation Reston, VA | $18,264,760 | $13,060,746 |
District Of Columbia College Access Program Washington, DC | $105,959,870 | $18,161,486 |