Overview
What is The Utah Journalism Foundation?
The Utah Journalism Foundation is a nonprofit organization situated in Salt Lake City, Utah. Its primary goal is to strengthen independent local news organizations by offering grants. Once its endowment reaches $20 million, the foundation will support various projects. These include editorial projects that shed light on critical issues, content production that may not generate sufficient revenue but benefits society, the long-term sustainability of the state's flagship daily, The Salt Lake Tribune, scholarships for aspiring journalists, especially from diverse and underrepresented communities, and community engagement and education initiatives by local news organizations, particularly those targeting diverse Utah residents. In essence, the Utah Journalism Foundation aims to foster informed, engaged, and empowered communities through local, independent watchdog journalism.
Official website here: www.utahjournalism.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 86%, Three-Star out of Four Star rating.
The Utah Journalism Foundation has received an overall score of 86%, indicating a strong emphasis on accountability and financial health. The foundation scores particularly well in categories such as having a majority of independent board members and a high program expense ratio, demonstrating effective use of resources towards its mission. With no material diversion of assets reported, the organization shows a commitment to financial integrity.
Despite its strengths, the foundation does have some areas for improvement. Notably, it lacks a whistleblower policy and a document retention and destruction policy, which are critical components of governance best practices. While these limitations do not significantly impact the overall rating, addressing them could enhance the organization's transparency and accountability further. Overall, the foundation is well-positioned to continue its work in supporting journalism in Utah.
This AI summary has been generated from information found on Charity Navigator.
Is The Utah Journalism Foundation legitimate?
The Utah Journalism Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Utah Journalism 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.utahjournalism.org
What is the mission statement of The Utah Journalism Foundation?
The Utah Journalism Foundation's mission is centered around ensuring that the general public remains informed, engaged, and empowered through local, independent watchdog journalism. To accomplish this, the foundation provides grants to nonprofit organizations and projects that strengthen the capacity of independent local news organizations to reach a broad, diverse audience. Once the endowment reaches 20 million, the foundation will identify and support editorial projects that inform residents about critical issues they might otherwise be unaware of. Additionally, the foundation will fund content production that generates significant societal benefit but lacks sufficient revenue from traditional sources such as advertising and subscriptions. The long-term sustainability of the state's flagship daily newspaper, the Salt Lake Tribune, is another focus area. Moreover, the foundation aims to identify and support the next generation of journalists, particularly those from diverse and underrepresented communities, through scholarships. Lastly, the foundation engages in community engagement and education efforts with local news organizations, particularly those targeting diverse residents and regions of Utah.
Official website here: www.utahjournalism.org
What is the revenue of The Utah Journalism Foundation?
The Utah Journalism Foundation's revenue in 2022 was $234,985.
Official website here: www.utahjournalism.org
Who are the executives of The Utah Journalism Foundation and what are their salaries?
There 3 volunteers at The Utah Journalism Foundation.
Here are 3 key members and their salaries:
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- Other: $0
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- Other: $0
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Official website here: www.utahjournalism.org
Where can I find the form 990 for The Utah Journalism Foundation?
The Utah Journalism Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.utahjournalism.org
Learn more at the official website: www.utahjournalism.org
Mission Statement of The Utah Journalism Foundation
The Utah Journalism Foundation's mission is centered around ensuring that the people of Utah remain informed, engaged, and empowered through local, independent watchdog journalism. This nonprofit organization works towards achieving this goal by identifying and providing grants to nonprofit organizations and projects that strengthen the capacity of independent local news organizations. The Foundation's grantmaking efforts will commence once its endowment reaches a sum of 20 million dollars.
In pursuing its mission, The Utah Journalism Foundation aims to support editorial projects that inform Utah residents about critical issues they may not otherwise be aware of. The Foundation also seeks to fund the production of content that may not generate sufficient revenues from traditional sources such as advertising and subscriptions, yet offers significant societal benefits. Additionally, the Foundation focuses on the long-term sustainability of Utah's flagship daily, The Salt Lake Tribune.
Furthermore, The Utah Journalism Foundation supports efforts to identify and nurture the next generation of journalists, particularly those from diverse and underrepresented communities, through scholarships. Lastly, the Foundation engages in community engagement and education initiatives of local news organizations, particularly those targeting the diverse residents and regions of Utah. The Utah Journalism Foundation's ultimate goal is to ensure that independent and local journalism not only survives but thrives at a time when society and democracy need it most.
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Impact
July, 2024
The Utah Journalism Foundation's impact is substantial in ensuring that the people of Utah remain informed, engaged, and empowered through local independent watchdog journalism. The foundation identifies and provides grants to organizations and projects that strengthen the capacity of independent local news outlets to reach diverse audiences. By supporting editorial projects that inform residents of critical issues, producing content that would not be financially sustainable through traditional means but is beneficial to society, and promoting long-term sustainability of prominent news sources like The Salt Lake Tribune, the foundation contributes significantly to the maintenance of independent journalism in the state. Additionally, their efforts in supporting the next generation of diverse and underrepresented journalists through scholarships and fostering community engagement and education activities further solidify their impact on local journalism in Utah. Overall, the Utah Journalism Foundation's commitment to preserving independent and local journalism is crucial during a time when the role of journalism in society and democracy is paramount.
This information is meant to be a general summary of The Utah Journalism 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $56,305
- Gross Receipts: $1,283,602
Assets and Liabilities:
- Total Assets: $5,220,699
- Total Liabilities: $0
- Net Assets: $5,220,699
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Organization Details
Founding Year
2019
Principal Officer
Paul C Huntsman
Website
www.utahjournalism.orgNTEE Category
Code: A30 - Arts
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