Fallen Journalists Memorial Foundation
- Assets
- $12.4m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Naples, FL
- Founding
- Data as of
- 12/2023
- EIN
- 87-2647211
Organization Overview
Fallen Journalists Memorial Foundation is located in Naples, FL. According to its NTEE Classification (R63) the organization is classified as: Censorship, Freedom of Speech & Press, under the broad grouping of Civil Rights, Social Action & Advocacy and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fallen Journalists Memorial Foundation 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 12/2023, Fallen Journalists Memorial Foundation generated $6.2m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 28.0% each year . All expenses for the organization totaled $448.6k during the year ending 12/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ESTABLISH A FALLEN JOURNALISTS MEMORIAL ON FEDERAL LAND IN WASHINGTON, DC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PUBLIC LAW 116-253 REQUIRES THE FOUNDATION TO FOLLOW A COMPREHENSIVE REGULATORY PROCESS TO ENSURE THAT THE MEMORIAL IS APPROPRIATELY DESIGNED, CONSTRUCTED, AND LOCATED; AND THAT SUFFICIENT PRIVATE FUNDS ARE PROVIDED TO THE NATIONAL PARK SERVICE TO MAINTAIN THE MEMORIAL. FURTHERMORE, THE FOUNDATION HAS BEEN ENTRUSTED TO NOT ONLY BUILD A MEMORIAL THAT HONORS FALLEN JOURNALISTS BUT TO ALSO EDUCATE CURRENT AND FUTURE GENERATIONS ABOUT THE CRITICAL ROLE OF THE FREE PRESS AS A FABRIC OF A VIBRANT DEMOCRACY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Dreier Founder And Chair | OfficerTrustee | 1 | $0 |
Barbara Cochran President | OfficerTrustee | 1 | $0 |
Vincent Randazzo Secretary/treasurer | OfficerTrustee | 1 | $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 | $5,943,419 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $5,943,419 |
| Total Program Service Revenue | $0 |
| Investment income | $207,875 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $5,609 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,156,903 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $943 |
| Fees for services: Accounting | $27,012 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $27,105 |
| Fees for services: Other | $299,701 |
| Advertising and promotion | $75,000 |
| Office expenses | $1,002 |
| Information technology | $5,845 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $8,048 |
| 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 | $3,896 |
| All other expenses | $0 |
| Total functional expenses | $448,552 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $57,996 |
| Savings and temporary cash investments | $872,344 |
| Pledges and grants receivable | $2,733,532 |
| 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 | $973 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $8,766,376 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,431,221 |
| Accounts payable and accrued expenses | $47,892 |
| 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 | $0 |
| Total liabilities | $47,892 |
| Net assets without donor restrictions | $11,849,797 |
| Net assets with donor restrictions | $533,532 |
| 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 | $12,431,221 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Equal Justice Initiative Montgomery, AL | $427,846,693 | $67,268,484 |
Fallen Journalists Memorial Foundation Naples, FL | $12,431,221 | $6,156,903 |
Instituto Cubano Por La Libertad De Expresion Y Prensa Inc Hialeah, FL | $0 | $0 |
Florida Family Association Inc Tampa, FL | $118,548 | $169,591 |
Georgia First Amendment Foundation Inc Peachtree Corners, GA | $231,303 | $0 |
First Freedom Inc Tampa, FL | $770 | $0 |