Fund For Independence In Journalism in Washington, District of Columbia (DC)

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Fund For Independence In Journalism
Employer Identification Number (EIN)200215183
Name of OrganizationFund For Independence In Journalism
In Care of NameCenter For Public Integrity
Address910 17th St Nw Ste 700, Washington, DC 20006-2606
SubsectionCharitable Organization
Ruling Date06/2004
DeductibilityContributions are deductible
FoundationOrganizations operated solely for the benefit of and in conjunction with organizations described in 10 through 16 above
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period12/2013
Assets$1 to $9,999
Income$0
Filing Requirement990 - Required to file Form 990-N - Income less than $25,000 per year
Asset Amount$1,612
Amount of Income$369,307
Form 990 Revenue Amount$369,307
National Taxonomy of Exempt Entities (NTEE)Arts, Culture and Humanities: Single Organization Support


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Amount of income in 2013: $369,307
Fund For Independence In Journalism: 

 $369,307
Other organizations performing similar types of work: 

 $1,423,771

Assets in 2013: $1,612
This organization: 

 $1,612
Other organizations performing similar types of work: 

 $2,212,844

Expenses in 2012: $2,629
Fund For Independence In Journalism: 

 $2,629
Other organizations performing similar types of work: 

 $231,900

Income to expenses ratio in 2012: 140.5
This organization: 

 140.5
Other organizations performing similar types of work: 

 1.6

Expenses allocated to program services in 2007: 82.0%
Fund For Independence In Journalism: 

 82.0%
Other organizations performing similar types of work: 

 82.0%

Employees paid over $50,000 in 2007: 50.0%
This organization: 

 50.0%
Other organizations performing similar types of work: 

 50.0%

Grants share in income in 2012: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 76.2%

Financial snapshot ($)

Revenue, Expenses, and Changes in Net Assets or Fund Balances (for 2012)
Total revenue$4,000
Contributions, gifts, grants, and similar amounts received$4,000
Program service revenue including government fees and contracts$0
Membership dues and assessments$0
Investment income$0
Gain from sale of assets other than inventory$0
Net income from gaming and fundraising events$0
Gross profit from sales of inventory$0
Other revenue$0
Total expenses$2,629
Total net assets$1,896
Excess for the year$1,371
Net assets or fund balances at beginning of year$525
Other changes in net assets or fund balances$0
Balance Sheets (for 2012)
Total assets$1,896
Total liabilities$0
Net assets or fund balances$1,896
Other Information (for 2012)
Did the organization have unrelated business gross income of $1,000 or more during the year from business activitiesNo
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
Reason for Public Charity Status (for 2012)
The organization is not a private foundation because it is:An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2)
Revenue, Expenses, and Changes in Net Assets or Fund Balances
2004200520062007
Total revenue$594,530$609,862$794,012$369,307
Contributions, gifts, grants, and similar amounts received$501,850$489,202$630,212$299,048
Contributions to donor advised funds$0$0
Direct public support$501,850$489,202$630,212$299,048
Indirect public support$0$0$0$0
Government contributions (grants)$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0
Membership dues and assessments$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0
Dividends and interest from securities$92,680$120,615$163,800$70,259
Net rental income or (loss)$0$0$0$0
Gross rents$0$0$0$0
Less: rental expenses$0$0$0$0
Other investment income$0$0$0$0
Gain or (loss) from sales of assets other than inventory$0$0$0$0
Gross amount from sales of assets other than inventory$0$0$0$0
Less: cost or other basis and sales expenses$0$0$0$0
Net income or (loss) from special events and activities$0$0$0$0
Gross revenue$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0
Less: cost of goods sold$0$0$0$0
Other revenue$0$45$0$0
Total expenses$49,402$479,365$1,173,860$1,274,219
Program services$42,571$340,709$925,553$1,044,443
Management and general$4,270$72,934$216,534$183,677
Fundraising$2,561$65,722$31,773$46,099
Payments to affiliates$0$0$0$0
Net assets or fund balances at end of year$3,489,831$3,642,987$3,335,109$2,567,333
Excess or (deficit) for the year$545,128$130,497$-379,848$-904,912
Net assets or fund balances at beginning of year$3,001,070$3,489,831$3,642,987$3,335,109
Other changes in net assets or fund balances$-56,367$22,659$71,970$137,136
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$1,274,219$1,044,443$183,677$46,099
Grants paid from donor advised funds$0
Other grants and allocations$750,000
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$115,000$69,383$11,961$33,656
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$175,617$127,257$43,891$4,469
Pension plan contributions not included above$0$0$0$0
Employee benefits not included above$12,747$2,549$8,923$1,275
Payroll taxes$14,516$1,661$11,487$1,368
Professional fundraising fees$0$0$0$0
Accounting fees$11,970$0$11,970$0
Legal fees$2,890$0$1,332$1,558
Supplies$5,101$0$5,101$0
Telephone$7,255$0$7,255$0
Postage and shipping$1,866$0$1,866$0
Occupancy$35,274$7,055$24,692$3,527
Equipment rental and maintenance$0$0$0$0
Printing and publications$14,666$11,589$3,077$0
Travel$28,984$11,863$17,121$0
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$3,657$0$3,657$0
Other expenses not covered above$94,676$63,086$31,344$246
Balance Sheets
2004200520062007
Total assets$3,496,063$3,655,053$3,335,831$2,702,030
Cash - non-interest-bearing$0$0$0$0
Savings and temporary cash investments$0$27,808$12,886$11,345
Accounts receivable less allowance for doubtful accounts$0$0$0$0
Pledges receivable less allowance for doubtful accounts$0$0$0$0
Grants receivable$0$0$0$110,000
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0
Inventories for sale or use$0$0$0$0
Prepaid expenses and deferred charges$0$0$0$0
Investments - publicly-traded securities$3,307,570$2,567,090
Investments - other securities$3,496,063$3,606,800$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0
Investments - other$0$0$0$0
Land, buildings, and equipment less accumulated depreciation$0$15,445$12,231$10,451
Other assets, including program-related investments$0$5,000$3,144$3,144
Total liabilities$6,232$12,066$722$134,697
Accounts payable and accrued expenses$6,232$12,066$722$134,697
Grants payable$0$0$0$0
Deferred revenue$0$0$0$0
Loans from officers, directors, trustees, and key employees$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0
Mortgages and other notes payable$0$0$0$0
Other liabilities$0$0$0$0
Total liabilities and net assets/fund balances$3,496,063$3,655,053$3,335,831$2,702,030
Total net assets or fund balances$3,489,831$3,642,987$3,335,109$2,567,333
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
2004200520062007
Total revenue$594,530$609,862$794,012$369,307
Total revenue, gains, and other support per audited financial statements$538,163$632,521$865,982$506,443
Other expenses$-56,367$22,659$71,970$137,136
Net unrealized gains on investments$-56,367$22,659$71,970$137,136
Donated services and use of facilities$0$0$0$0
Recoveries of prior year grants$0$0$0$0
Other$0$0$0$0
Other revenue$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
2004200520062007
Total expenses$49,402$479,365$1,173,860$1,274,219
Total expenses and losses per audited financial statements$49,402$479,365$1,173,860$1,274,219
Other revenue$0$0$0$0
Donated services and use of facilities$0$0$0$0
Prior year adjustments$0$0$0$0
Losses$0$0$0$0
Other$0$0$0$0
Other expenses$0$0$0$0
Investment expenses$0$0$0$0
Other$0$0$0$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
30$110,000$5,000$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings11
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?Yes
Does the organization have a written conflict of interest policy?No
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20064
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$70,259$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$70,259$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$000$0$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$52,343$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
The total number of donor advised funds owned at the end of the tax year$0
The aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
The total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
The aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isNot controlled by disqualified persons/supports non private foundation
Type of supporting organizationType II
Information about the supported organizations
Employer identification number (EIN)Name of organizationType of organizationIs the supported organization listed in the supporting organization's governing documents?Amount of support
541512177Center For Public IntegrityOrganization that receives a substantial part of its support from a governmental unit or from the general publicYes$750,000
Total$750,000
Support Schedule
2003200420052006
Total$0$0$0$0
Gifts, grants, and contributions received$0$0$0$0
Membership fees received$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$0$0$0$0
Net income from unrelated business activities not included above$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0
Other income$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
1Npr Foundation1111 N Capitol St Ne, Washington, DC 20002-7502DC1992-11$68,789,869
2Public Radio Satellite Interconnection System Charitable1920 N St Nw Ste 300, Washington, DC 20036-1622DC1990-12$14,915,940
3Fund For Independence In Journalism910 17th St Nw Ste 700, Washington, DC 20006-2606DC2004-06$369,307
4Wisconsin Public Broadcasting Foundation Inc3319 W Beltline Hwy, Madison, WI 53713-2834WI1983-12$14,944,094
5Pbs Foundation2100 Crystal Dr, Arlington, VA 22202-3784VA2004-11$6,383,235
6Mpt Foundation Inc11767 Owings Mills Blvd, Owings Mills, MD 21117-2892MD1981-08$4,445,831
7Yale Law Journal Fund Inc127 Wall St, New Haven, CT 06511-8918CT2012-06$3,728,744
8Friends Of Louisiana Public Broadcasting Inc7733 Perkins Rd, Baton Rouge, LA 70810-1009LA1973-10$2,354,650
9Friends Of South Dakota Public BroadcastingPO BOX 5000, Vermillion, SD 57069-5000SD1973-08$2,286,662
10Pbs39 Foundation Corporation839 Sesame St, Bethlehem, PA 18015-1391PA2010-03$2,230,728
11Wpbt Communications Foundation IncPO BOX 610002, Miami, FL 33261-0002FL1982-04$1,423,771
12Joint Master Control Operating Co Inc415 W Fayette St, Syracuse, NY 13204-2941NY2012-10$635,624
13Wjct Foundation Inc100 Festival Park Ave, Jacksonville, FL 32202-1309FL2001-03$49,548
14Reading Parents Supporting Student Theatre IncPo Box 432, Reading, MA 01867MA2000-10$27,768
15Heights Fund IncBoston College Mcelroy 113, Chestnut Hill, MA 02467MA2011-10$125
16Christian Booksellers Foundation9240 Explorer Drive Suite 200, Colorado Springs, CO 80920CO1994-09$0
17Community Broadcast Foundation Of Palm Beach And The Treasure Coast700 North Olive Avenue Suite 2, West Palm Beach, FL 33401FL2006-01$0
18Friends Of Iowa Public Television NetworkPO BOX 6400, Johnston, IA 50131-6400IA1971-03$0
19Hays Family Radio Inc2703 Walnut Street, Hays, KS 67601KS2006-10$0
20Kmac Booster Club Mcallen Isd2021 La Vista Ave, Mcallen, TX 78501TX2010-06$0
Number of organizations performing similar types of work
Colorado1
Connecticut1
District of Columbia3
Florida5
Iowa1
Idaho1
Kansas1
Louisiana1
Massachusetts2
Maryland1
Missouri1
Montana1
New York1
Oklahoma1
Pennsylvania1
South Dakota1
Texas2
Virginia1
Wisconsin1
Total27

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