Overview
What is The National Press Foundation Inc?
The National Press Foundation Inc, located in Washington D.C., is a nonprofit organization renowned for its commitment to enhancing journalists' knowledge and fostering excellence in journalism. Through their initiatives, they aim to improve public understanding by addressing complex issues. In 2021, they launched a fellowship program for 25 early-career journalists of color, aiming to equip them with the necessary skills for leadership roles in U.S. newsrooms. The program proved successful, with several participants receiving pay raises, better job opportunities, and promotions within their organizations by the end of 2022. The National Press Foundation Inc employs a team of 7 individuals.
Official website here: www.nationalpress.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 100%, Four-Star out of Four Star rating.
The National Press Foundation Inc has achieved a perfect score of 100% in its Accountability & Finance metrics, earning it a prestigious Four-Star rating from Charity Navigator. This score reflects the organization’s commitment to transparency and responsible financial management, which is crucial for donor trust and operational integrity.
Strengths of the foundation include a completely independent board with 21 members, robust financial oversight through an audit committee, and comprehensive policies regarding conflicts of interest and whistleblower protections. The foundation also demonstrates sound financial health, with a low liabilities-to-assets ratio and a program expense ratio indicating that a significant portion of funds are directed towards its mission-related activities.
While the foundation shows exemplary performance in its financial practices, no specific limitations or areas for improvement were noted in the data. Overall, The National Press Foundation Inc stands out as a model of accountability and effective governance in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is The National Press Foundation Inc legitimate?
The National Press Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The National Press Foundation Inc 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: $171,678
Professional Fundraising Fees: $0
Other Salaries and Wages: $532,805
For more financial information, click here
Official website here: www.nationalpress.org
What is the mission statement of The National Press Foundation Inc?
The National Press Foundation Inc's mission is centered around enhancing journalists' understanding of intricate issues. By doing so, they aim to foster improved public comprehension. Additionally, the organization encourages journalistic excellence through the presentation of awards and various programs. To achieve these objectives, they launched a fellowship program for early-career journalists of color, aimed at educating, mentoring, and preparing them for leadership roles in newsrooms, thereby fostering a more diverse representation within the journalism industry. This fellowship program has resulted in notable career advancements for several participants.
Official website here: www.nationalpress.org
What is the revenue of The National Press Foundation Inc?
The National Press Foundation Inc's revenue in 2023 was $1,535,662.
Official website here: www.nationalpress.org
Who are the executives of The National Press Foundation Inc and what are their salaries?
The average compensation at The National Press Foundation Inc during 2023 was $78,276. There are 9 employees at The National Press Foundation Inc.
Here are 24 key members and their salaries:
- Compensation: $148,592
- Related: $0
- Other: $37,945
- Compensation: $117,733
- Related: $0
- Other: $25,677
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.nationalpress.org
Where can I find the form 990 for The National Press Foundation Inc?
The National Press Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.nationalpress.org
Learn more at the official website: www.nationalpress.org
Mission Statement of The National Press Foundation Inc
The National Press Foundation Inc, a renowned organization, is committed to enhancing journalists' comprehension of intricate issues. Their primary objective is to improve public understanding by equipping journalists with in-depth knowledge. Additionally, the Foundation encourages excellence in journalism through the presentation of awards and the execution of various programs.
In pursuit of this mission, The National Press Foundation Inc launched an influential initiative called "Widening the Pipeline." This program is a one-year fellowship designed for early-career journalists of color. The aim of this training is to educate, mentor, and inspire a cohort of talented young journalists, preparing them for leadership roles in U.S. newsrooms. By doing so, the diversity of newsrooms would better reflect the diversity of the communities they serve.
The "Widening the Pipeline" program has seen significant strides. By the end of 2022, nine of the 25 participating journalists had secured pay raises, five had secured better job opportunities, and three had been promoted within their respective organizations. These achievements underscore the Foundation's success in encouraging excellence in journalism and fostering a more diverse newsroom landscape.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
The National Press Foundation Inc's impact is evident in its commitment to increasing journalists' knowledge of complex issues to enhance public understanding and promote excellence in journalism. By launching a one-year fellowship program for 25 early-career journalists of color, the organization has successfully educated, mentored, and inspired a cohort of talented individuals. As a result, by the end of 2022, nine fellows received pay raises, five secured better job opportunities, and three were promoted within their organizations. This initiative is pivotal in fostering diversity and ensuring that newsrooms better reflect the communities they serve.
This information is meant to be a general summary of The National Press Foundation Inc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $90,878
- Gross Receipts: $4,365,190
Assets and Liabilities:
- Total Assets: $7,289,159
- Total Liabilities: $621,591
- Net Assets: $6,667,568
Want to help this charity, for free? You can click here to learn more about Give Freely
Organization Details
Founding Year
1975
Principal Officer
Anne Godlasky
Website
www.nationalpress.orgNTEE Category
Code: A33 - Arts
If you are a representative of The National Press Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.