Journalism Funding Partners
- Assets
- $1.2m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 1
- Location
- Sacramento, CA
- Founding
- Data as of
- 12/2022
- EIN
- 84-2968843
Organization Overview
Journalism Funding Partners is located in Sacramento, CA. According to its NTEE Classification (J03) the organization is classified as: Professional Societies & Associations, under the broad grouping of Employment and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Journalism Funding Partners 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 12/2022, Journalism Funding Partners generated $2.8m in total revenue. All expenses for the organization totaled $2.2m during the year ending 12/2022.
Since 2020, Journalism Funding Partners has awarded 19 individual grants totaling $3,030,539. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
INCREASE THE DEPTH AND DIVERSITY OF LOCAL JOURNALISM BY BUILDING AND STEWARDING CONNECTIONS BETWEEN FUNDS AND REPORTING, SERVING AS A BRIDGE AND A LEADER IN THE GROWING REALM OF PHILANTHROPY - SUPPORTED JOURNALISM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JFP ENGAGES IN THREE CORE PROGRAMS, SERVING AS A BRIDGE AND A LEADER IN THE GROWING REALM OF PHILANTHROPY-SUPPORTED JOURNALISM. JFP IS ABLE TO SUPPORT ITS MISSION THROUGH THE FOLLOWING PROGRAMS: (1)ENABLE MAJOR GIFTS TO LOCAL JOURNALISM; (2) OFFER FUNDRAISING GUIDANCE AND TRANING FOR JOURNALIMS PROFESSIONALS; AND (3) ENABLES BROAD COMMUNITY GIVING TO LOCAL JOURNALISM.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rusty Coats Exec Director | Officer | 40 | $100,000 |
Orage Quarles Board Chair | OfficerTrustee | 2 | $0 |
Sheila Solomon Vice Chair | OfficerTrustee | 2 | $0 |
James Boren Secretary | OfficerTrustee | 2 | $0 |
Mizell Steward Director | Trustee | 2 | $0 |
Ashley Kissinger Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $50,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,653,422 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,703,422 |
| Total Program Service Revenue | $96,558 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,799,980 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,010,780 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $100,000 |
| Compensation of current officers, directors, key employees. | $33,330 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $8,506 |
| Fees for services: Management | $95,138 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,488 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $17,120 |
| Advertising and promotion | $9,507 |
| Office expenses | $1,849 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $589 |
| All other expenses | $0 |
| Total functional expenses | $2,248,977 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $155,922 |
| Savings and temporary cash investments | $831,067 |
| Pledges and grants receivable | $228,750 |
| 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 | $589 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,216,328 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| 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 | $70,300 |
| Total liabilities | $70,300 |
| Net assets without donor restrictions | $467,715 |
| Net assets with donor restrictions | $678,313 |
| 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 | $1,216,328 |
Grants Awarded
Over the last fiscal year, Journalism Funding Partners has awarded $2,010,780 in support to 12 organizations.
| Grant Recipient | Amount |
|---|---|
ASSOCIATED PRESS PURPOSE: Targeted community journalism | $308,000 |
ATLANTA JOURNAL CONSTITUTION PURPOSE: Targeted community journalism | $47,500 |
CA SCHOLASTIC JOURNALISM PURPOSE: Targeted community journalism | $22,750 |
CAPITAL BROADCASTINGWRAL COM PURPOSE: Targeted community journalism | $85,500 |
GANNETT CO PURPOSE: Targeted community journalism | $136,800 |
KALITA MUKUL CREATIVE PURPOSE: Targeted community journalism | $95,000 |