Reader Institute For Community Journalism Inc

THE CORPORATION IS ORGANIZED TO OPERATE EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, RESEARCH AND LITERARY PURPOSES INCLUDING, FOR SUCH PURPOSES, THE MAKING OF DISTRIBUTIONS TO ORGANIZATIONS THAT QUALIFY AS EXEMPT ORGANIZATIONS UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE, AND, MORE SPECIFICALLY: (I) TO CONDUCT RESEARCH, INCLUDING INVESTIGATIVE JOURNALISM AND ANALYSIS OF PUBLIC POLICY ISSUES, AND TO PUBLISH THE RESULTS OF SAID RESEARCH, (II) TO PROMOTE COMMUNITY ENGAGEMENT WITH CURRENT EVENTS, THE ARTS AND LITERATURE BY GATHERING AND PUBLISHING INFORMATION ON SUCH TOPICS AND RELATED EVENTS, AS A PUBLIC SERVICE TO THE LOCAL COMMUNITY, (III) TO ORGANIZE AND PROMOTE COMMUNITY EVENTS AND PROGRAMMING RELATED TO THE FOREGOING PURPOSES AND (IV) ANY PURPOSE PERMITTED TO BE EXEMPT FROM TAXATION UNDER SECTIONS 501(C) OF THE UNITED STATES INTERNAL REVENUE CODE OR THE CORRESPONDING SECTION OF ANY FUTURE FEDERAL TAX CODE.

RESEARCH, ANALYZE AND ENGAGE ON PUBLIC POLICY, CURRENT EVENTS AND THE ARTS. ACCOMPLISHED BY CONTRACTING FOR THE PUBLICATION OF THE CHICAGO READER INDEPENDENT COMMUNITY NEWSPAPER. THIS PROCESS INCLUDED DIRECT PAYMENT FOR A SUBSTANTIAL PORTION OF THE PUBLICATION'S COSTS; AND ALSO INCLUDED REIMBURSEMENT OF 106,273 OF COSTS TO RELATED COMPANY CHICAGO READER L3C IN SUPPORT OF THE ORGANIZATION'S PRIMARY COMMUNITY ENGAGEMENT MISSION.

ENCOURAGE AND SUPPORT THE EXISTENCE AND ADDITION OF OTHER INDEPENDENT MEDIA OUTLETS IN THE CHICAGO AREA IN ADDITION TO THE CHICGO READER. THIS POGRAM WAS SUCCESSFUL IN ENLISTING THE CHICAGO INDEPEDENT MEDIA ALLIANCE (CIMA) AND LEADING IT TO BECOME A THRIVING ORGANIZATION OF 81 NEWS OUTLETS REACHING A COMBINED AUDIENCE OF 4.5 MILLION PEOPLE.

ORGANIZATION RECEIVED IRS APPROVAL AS A 501(C)(3) ORGANIZATION ON AUGUST 24, 2020. WITH THE ONSET OF THE COVID-19 PANDEMIC, THERE SIMPLY WASN'T SUFFICIENT TIME TO ORGANIZE AND INITIATE FOR ANY ACCOMPLISHMENTS BEYOND ITS TWO CORE MISSIONS.