The American Independent Foundation

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 331137541 ✦ Washington, DC ✦ Designated as a 501(c)(3)

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Overview

What is The American Independent Foundation?

The American Independent Foundation is a nonprofit organization based in Washington, D.C. With a team of 36 employees, the foundation supports factual journalism that empowers the public to hold individuals and groups accountable for actions or policies that contradict progressive values. Their mission aims to foster independent journalism, which contributes to positive societal change through increased public awareness of progressive issues. The foundation's operations can be found in Part III, Line 1 of the description.


Official website here: www.americanindependent.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 92% (Four-Star out of Four Star rating)

The American Independent Foundation has received a strong 92% rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. Its independent board members and robust financial oversight practices contribute to a high level of trust among donors. The organization has demonstrated effective financial management, maintaining a low liability to assets ratio and an impressive program expense ratio, indicating that a significant portion of its resources is directed towards its mission-driven programs.

The foundation has also established and maintains strict policies related to conflicts of interest, whistleblower protections, and document retention, which further bolster its credibility. The organization’s fundraising efficiency is notable, with a low cost of fundraising per dollar raised, allowing more funds to be allocated to its programs.

Despite its strengths, the foundation's working capital ratio is slightly low at 0.49 years, which might raise concerns about short-term financial sustainability. However, overall, the American Independent Foundation showcases a solid financial health and operational integrity that resonates well with stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is The American Independent Foundation legitimate?

The American Independent Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The American Independent Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $228,891
Professional Fundraising Fees: $1,500,000
Other Salaries and Wages: $1,873,395

For more financial information, click here


Official website here: www.americanindependent.com

What is the mission statement of The American Independent Foundation?

The American Independent Foundation is dedicated to supporting strong, independent journalism that fosters positive societal change. By funding factual journalism, the organization aims to equip the public with the truths necessary to hold individuals and groups accountable for actions or policies that go against progressive values. The mission of the foundation is to increase public awareness of progressive issues through journalism, ultimately contributing to a more informed and engaged society. The organization's efforts are focused on funding factual reporting that arms the public with the information required to effect change and promote progressive values.


Official website here: www.americanindependent.com

What is the revenue of The American Independent Foundation?

The American Independent Foundation's revenue in 2023 was $18,423,509.


Official website here: www.americanindependent.com

Who are the executives of The American Independent Foundation and what are their salaries?

The average compensation at The American Independent Foundation during 2023 was $55,323. There are 38 employees and 7 volunteers at The American Independent Foundation.

Here are 16 key members and their salaries:


Pilar Martinez (Director, (From 10/16/2023))
  • Compensation: $44,448
  • Related: $0
  • Other: $1,210
David Bennahum (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ankit Desai (Treasurer, (From 10/16/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Victoria Hopper (Secretary, (From 10/16/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
David Jolly (Director, (From 10/16/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Carlos Marroquin (Director, (From 10/16/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Nicco Mele (Director, (From 10/16/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Aper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marissa Mcbride (Director, (Until 10/16/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Nielsen (Director, (Until 10/16/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Jessica Mccreight (President, (Until 12/12/2023))
  • Compensation: $170,817
  • Related: $0
  • Other: $12,416
Joe Conason (President , (From 12/12/2023))
  • Compensation: $18,000
  • Related: $0
  • Other: $0
Dhanya Addanki (Managing Editor)
  • Compensation: $121,167
  • Related: $0
  • Other: $6,996
Jessica Standafer Bolles (Digital Director)
  • Compensation: $116,583
  • Related: $0
  • Other: $9,771
Emma Roller (Deputy Managing Editor)
  • Compensation: $112,764
  • Related: $0
  • Other: $13,305
Matthew Cohen (Political Reporter)
  • Compensation: $101,424
  • Related: $0
  • Other: $6,399


Official website here: www.americanindependent.com

Where can I find the form 990 for The American Independent Foundation?

The American Independent Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.americanindependent.com

Learn more at the official website: www.americanindependent.com

Mission Statement of The American Independent Foundation

The American Independent Foundation is a philanthropic organization dedicated to promoting strong, independent journalism that fosters positive societal change. By funding factual journalism, this foundation equips the public with the truths necessary to hold individuals and groups accountable for actions or policies that contradict progressive values.

In essence, The American Independent Foundation serves as a catalyst for investigative journalism that sheds light on issues often overlooked or mishandled by mainstream media. It empowers journalists to delve deeper into stories that demand transparency and public awareness, thereby fostering an informed society. The ultimate goal is to create a ripple effect of progress and social change through the dissemination of accurate, relevant information.

The mission of The American Independent Foundation is multifaceted. On one hand, it invests in factual journalism that arms the public with the truth. On the other hand, it fosters a culture of accountability by exposing actions and policies that run counter to progressive values. Through its support, the foundation enables journalists to shine a light on critical issues, providing a voice for the voiceless and promoting informed dialogue.

In summary, The American Independent Foundation is a beacon of truth and transparency in journalism. It fuels the passion and determination of journalists to uncover the facts and bring them to light, ultimately creating a more informed and engaged society.

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Impact




October, 2024

The American Independent Foundation plays a crucial role in promoting factual journalism that empowers the public to hold individuals and groups accountable for actions or policies that contradict progressive values. By funding independent journalism, the organization enhances public awareness of important progressive issues, contributing to positive societal change. Through its efforts, it fosters a more informed citizenry, encouraging engagement and activism in support of progressive ideals. This impact is significant in an era where information integrity is vital for the functioning of democracy and social progress.




This information is meant to be a general summary of The American Independent Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$18,423,509 (2023)
Expenses
$16,208,068 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $8,501
  • Gross Receipts: $19,340,482

Assets and Liabilities:

  • Total Assets: $4,810,446
  • Total Liabilities: $160,359
  • Net Assets: $4,650,087

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Organization Details

Founding Year

2006

Principal Officer

Joe Conason

NTEE Category

Code: Z99 - Unknown

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