National Press Foundation Inc
- Assets
- $7.1m
- Revenue
- $1.9m
- Investments
- $0.0
- Employees
- 10
- Location
- Washington, DC
- Founding
- 01/1977
- Data as of
- 12/2021
- EIN
- 52-1069481
Organization Overview
National Press Foundation Inc is located in Washington, DC. The organization was established in 1977. According to its NTEE Classification (A33) the organization is classified as: Printing & Publishing, under the broad grouping of Arts, Culture & Humanities and related organizations. As of 12/2021, National Press Foundation Inc employed 10 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. National Press Foundation 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, National Press Foundation Inc generated $1.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.8% each year. All expenses for the organization totaled $1.4m during the year ending 12/2021. While expenses have increased by 2.2% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO INCREASE JOURNALISTS' KNOWLEDGE OF COMPLEX ISSUES TO IMPROVE PUBLIC UNDERSTANDING AND TO ENCOURAGE EXCELLENCE IN JOURNALISM THROUGH AWARDS AND PROGRAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
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. FOLLOWING THE TRAINING, JOURNALISTS ATTENDED ONE TO THREE DAYS OF THE ANNUAL CONFERENCE OF THE AMERICAN SOCIETY OF CRIMINOLOGY.
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. NPF PRESENTED 25 SPEAKERS FROM THE U.S., EUROPE, AND AUSTRALIA.
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.
OTHER PROGRAM EXPENSES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sonni Efron President | Officer | 40 | $157,000 |
Christopher Adams Director Of Training And Content | 40 | $111,172 | |
Kathy Gest Immediate Past Chair | OfficerTrustee | 0.3 | $0 |
Donna Leinwand Leger Chair | OfficerTrustee | 0.3 | $0 |
Jon Sawyer Treasurer | OfficerTrustee | 0.3 | $0 |
Tom Rosenstiel Executive Committee | OfficerTrustee | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $289,313 |
| Related organizations | $0 |
| Government grants | $225,445 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,083,149 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,597,907 |
| Total Program Service Revenue | $0 |
| Investment income | $65,152 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,420 |
| Net Gain/Loss on Asset Sales | $267,966 |
| Net Income from Fundraising Events | -$28,299 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,911,967 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $11,000 |
| Grants and other assistance to domestic individuals. | $95,775 |
| Grants and other assistance to Foreign Orgs/Individuals | $19,006 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $168,200 |
| Compensation of current officers, directors, key employees. | $16,820 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $357,931 |
| Pension plan accruals and contributions | $24,217 |
| Other employee benefits | $85,435 |
| Payroll taxes | $42,831 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,174 |
| Fees for services: Other | $91,599 |
| Advertising and promotion | $2,643 |
| Office expenses | $65,139 |
| Information technology | $19,019 |
| Royalties | $0 |
| Occupancy | $141,736 |
| Travel | $46,938 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $113,172 |
| Interest | $444 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $57,319 |
| Insurance | $6,101 |
| All other expenses | $2,781 |
| Total functional expenses | $1,387,460 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $572,890 |
| Savings and temporary cash investments | $1,021,221 |
| Pledges and grants receivable | $469,764 |
| Accounts receivable, net | $0 |
| 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 | $40,508 |
| Net Land, buildings, and equipment | $111,326 |
| Investments—publicly traded securities | $4,918,443 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,916 |
| Total assets | $7,138,068 |
| Accounts payable and accrued expenses | $115,887 |
| Grants payable | $0 |
| Deferred revenue | $23,490 |
| 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 | $165,417 |
| Total liabilities | $304,794 |
| Net assets without donor restrictions | $4,047,090 |
| Net assets with donor restrictions | $2,786,184 |
| 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 | $7,138,068 |
Grants Awarded
Over the last fiscal year, National Press Foundation Inc has awarded $11,000 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
Somerville, MA PURPOSE: Kozik Env Reporting Grant | $5,000 |
DETROIT NEWSPAPER PARTNERSHIP LP PURPOSE: Kozik Env Reporting Grant | $5,000 |
CHASING LIFE PURPOSE: Chairman's Citation | $1,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that National Press Foundation Inc has recieved totaling $247,167.
| Awarding Organization | Amount |
|---|---|
Laura And John Arnold Foundation Houston, TX PURPOSE: TO CONDUCT REPORTING TRAININGS ON ISSUES INCLUDING CRIMINAL JUSTICE, STATEHOUSE AND LOCAL ISSUES AND TOPICS PERTAINING TO THIS ELECTION YEAR | $112,989 |
Aarp Washington, DC PURPOSE: Grant to support the training of professional journalists to better cover issues related to aging, longevity, and older people in the workforce | $45,000 |
David And Lucile Packard Foundation Los Altos, CA PURPOSE: CONSERVATION AND SCIENCE | $42,000 |
Luv U Project In Memory Of Carolyn C Mattingly Inc Potomac, MD PURPOSE: GRANT CAROLYN AWARD FOR MENTAL HEALTH REPORTING | $17,000 |
Robert Wood Johnson Foundation Princeton, NJ PURPOSE: CORPORATE CONTRIBUTIONS | $10,000 |
Ncta-The Internet & Television Association Washington, DC PURPOSE: NPF ANNUAL AWARDS DINNER SPONSORSHIP | $10,000 |
Endowment Analysis
| Beg. Balance | $3,692,487 |
| Earnings | $445,177 |
| Other Expense | $457,608 |
| Ending Balance | $3,680,056 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Editorial Projects In Education Inc Bethesda, MD | $35,486,255 | $21,641,400 |
Baltimore Teacher Network Baltimore, MD | $946,016 | $9,863,712 |
Association For Research And Enlightenment Inc Virginia Beach, VA | $20,084,486 | $11,379,644 |
Center For Education Reform Washington, DC | $1,738,343 | $7,208,228 |
Association Of Corporate Travel Executives Inc Bamkruptcy Alexandria, VA | $277,722 | $5,636,042 |
Global Fund For Children Washington, DC | $9,730,095 | $6,479,849 |
International Womens Media Foundation Washington, DC | $17,214,124 | $6,735,111 |
Sunlight For All Institute Baltimore, MD | $20,573,717 | $24,195,292 |
Boardsource Washington, DC | $10,860,434 | $3,803,950 |
National Energy Education Development Project Inc Manassas, VA | $4,802,187 | $4,327,526 |
National Newspapers Publishers Association Washington, DC | $4,689,524 | $3,875,356 |
International Food Information Council Foundation Washington, DC | $2,914,827 | $3,064,394 |