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Dow Jones News Fund Inc. is a private corporation based in PRINCETON, NJ. The foundation received its IRS ruling in 1960. It holds total assets of $450K. Annual income is reported at $611K. Total assets have grown from $22K in 2011 to $480K in 2023. The foundation is governed by 17 officers and trustees. College intern training, placement and support program - 106 college students were selected out of hundreds of applicants to participate in on-site training events organized by the organization and placed in internships with news organization across the country. The organization also covered travel costs and provided financial assistance to interns during their internships. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Illinois. According to available records, Dow Jones News Fund Inc. has made 197 grants totaling $873K, with a median grant of $2K. Annual giving has decreased from $268K in 2020 to $157K in 2023. Individual grants have ranged from N/A to $120K, with an average award of $5K. The foundation has supported 166 unique organizations. The foundation primarily supports organizations in New Jersey, New York, Texas, which account for 19% of all grants. Grantmaking reaches organizations across 33 states. Contributions to this foundation are tax-deductible.
Smallest Grant
N/A
Median Grant
$2K
Average Grant
$3K
Largest Grant
$42K
Based on 95 grants from the most recent 990-PF filing.
College intern training, placement and support program - 106 college students were selected out of hundreds of applicants to participate in on-site training events organized by the organization and placed in internships with news organization across the country. The organization also covered travel costs and provided financial assistance to interns during their internships.
Expenses: $283K
College student scholarships - the organization provided 1,500 scholarships to each of the college students who participated in the internship program.
Expenses: $113K
High school summer journalism workshops - the organization provided funding to 11 educational institutions to host summer journalism workshops for high school students. They also awarded 1,500 scholarships to several high school students who won a writing competition.
Expenses: $75K
College intern training, placement and support program - 106 college students were selected out of hundreds of applicants to participate in on-site training events organized by the organization and placed in internships with news organization across the country. The organization also covered travel costs and provided financial assistance to interns during their internships. Based on available records, the foundation has funded 197 grants. Its grantmaking reaches organizations primarily in NJ, NY, TX.
Dow Jones News Fund Inc. has distributed a total of $873K across 197 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from N/A to $120K.
Dow Jones News Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Dow Jones News Fund Inc. is headquartered in PRINCETON, NJ. While based in NJ, the foundation distributes grants to organizations across 33 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Diana Mitsu Klos | SECRETARY | $0 | $0 | N/A |
| Paul Schmidt | TREASURER | $0 | $0 | N/A |
| Lasharah Bunting | DIRECTOR | $0 | $0 | N/A |
| Thomas Engleman | DIRECTOR | $0 | $0 | N/A |
| Garry D Howard | DIRECTOR | $0 | $0 | N/A |
| Almar Latour | DIRECTOR | $0 | $0 | N/A |
| Karen Pensiero | DIRECTOR | $0 | $0 | N/A |
| Anna Sedgley | DIRECTOR | $0 | $0 | N/A |
| Dr Rusty Todd | DIRECTOR | $0 | $0 | N/A |
| Maribel Perez Wadsworth | DIRECTOR | $0 | $0 | N/A |
| Shirley Carswell | EXECUTIVE DI | $0 | $0 | N/A |
| Denise Jester | FINANCE MANA | $0 | $0 | N/A |
| Heather Taylor | PROGRAMMING | $0 | $0 | N/A |
| David Cho | DIRECTOR | $0 | $0 | N/A |
| Susan Leath | DIRECTOR | $0 | $0 | N/A |
| Eric Mandrackie | DIRECTOR | $0 | $0 | N/A |
| Brent Jones | PRESIDENT | $0 | $0 | N/A |
Total Giving
$634K
Total Assets
$480K
Fair Market Value
$480K
Net Worth
$480K
Grants Paid
$157K
Contributions
$406K
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
197
Total Giving
$873K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
166
Most Common Grant
$2K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Sigma Delta Chi FoundationDONATION | Indianapolis, IN | $3K | 2021 |
| See Attached List For DetailSCHOLARSHIPS | See Attached List, NJ | $97K | 2023 |
| Columbia Scholastic Press AssociatiHS JOURNALISM TEACHER OF THE YEAR | New York, NY | $10K | 2023 |
| Northern Arizona University FdnHS JOURNALISM WORKSHOP | Flagstaff, AZ | $6K | 2023 |
| Coaching Detroit Forward IncHS JOURNALISM WORKSHOP | Detroit, MI | $6K | 2023 |
| University Of Southern MississippiHS JOURNALISM WORKSHOP | Hattiesburg, MS | $6K | 2023 |
| City Limits NewsHS JOURNALISM WORKSHOP | New York, NY | $6K | 2023 |
| Forida International UniversityHS JOURNALISM WORKSHOP | North Miami, FL | $5K | 2023 |
| University Of Arizona FoundationHS JOURNALISM WORKSHOP | Tucson, AZ | $5K | 2023 |
| CalmattersHS JOURNALISM WORKSHOP | Sacramento, CA | $5K | 2023 |
| University Of St ThomasHS JOURNALISM WORKSHOP | St Paul, MN | $4K | 2023 |
| Wku FoundationHS JOURNALISM WORKSHOP | Bowling Green, KY | $4K | 2023 |
| Spirit Of YouthHS JOURNALISM WORKSHOP | Anchorage, AK | $4K | 2023 |
| Media AllianceHS JOURNALISM WORKSHOP | Palo Alto, CA | $7K | 2022 |
| The Links Foundation IncHS JOURNALISM WORKSHOP | Savannah, GA | $7K | 2022 |
| New Orleans Junior Journalism ProgHS JOURNALISM WORKSHOP | New Orleans, LA | $6K | 2022 |
| Howard UniversityHS JOURNALISM WORKSHOP | Washington, DC | $5K | 2022 |
| Asu FoundationHS JOURNALISM WORKSHOP | Phoenix, AZ | $5K | 2022 |
| The King'S CollegeINTERNSHP[ RESIDENCY PROGRAM | New York, NY | $42K | 2021 |
| Investigative Reporters & EditorsINTERNSHIP RESIDENCY PROGRAM | Columbia, MO | $22K | 2021 |
| University Of Texas At AustinINTERNSHIP RESIDENCY PROGRAM | Austin, TX | $19K | 2021 |
| Samuel L Adams Emerging Voices In JournalismDONATION | Lawrence, KS | $15K | 2021 |
| Arizona State UniversityINTERNSHIP RESIDENCY PROGRAM | Phoenix, AZ | $12K | 2021 |
| Temple University ResidencyINTERNSHIP RESIDEMCY PROGRAMINTERNSHIP RESIDENCY PROGRAM | Wyncote, PA | $12K | 2021 |
| National Association Of Hispanic JournalismDONATION | Washington, DC | $3K | 2021 |
| Ida B Wells Society For Investigative ReportingDONATION | Chapel Hill, NC | $3K | 2021 |
| Asian American Journalists AssnDONATION | Martinez, CA | $3K | 2021 |
| National Association Of Black JournalistDONATION | College Park, MD | $3K | 2021 |
| Maynard InstituteDONATION | Emeryville, CA | $3K | 2021 |
| Laurel DeppenRENT COST FOR SUMMER | Louisville, KY | $2K | 2021 |
| Joshua KimRENT/LIVING COST FOR SUMMER | Naperville, IL | $2K | 2021 |
| Janat BatraREIMBURSE SUPPLIES | Atlanta, GA | $2K | 2021 |
| Student Press Law CenterDONATION | Washington, DC | $2K | 2021 |
| Next Generation RadioDONATION | Washington, DC | $2K | 2021 |
| Ship Smart Inc-Dj ShawSHIPPING PACKAGES FOR MOVE | Aptos, CA | $2K | 2021 |
| Marg At Brookhaven-Roderick DiamondRENT COST | Atlanta, GA | $2K | 2021 |
| Cdw Direct Llc-Hannah GreenREIMBURSE SUPPLIES | Chicago, IL | $2K | 2021 |
| National Lesbian & Gay Journalist AssocDONATION | Washington, DC | $2K | 2021 |
| Molly WeisnerCOLLEGE SCHOLARSHIP | Charlotte, NC | $2K | 2021 |
| Native American Journalist AssocDONATION | Norman, OK | $2K | 2021 |
| Jin FengCOLLEGE SCHOLARSHIP | New York, NY | $2K | 2021 |