2024-11-15T15:00:59-06:00 2023-12-31 742920819 ATCHLEY & ASSOCIATES LLP 1005 LA POSADA DRIVE AUSTIN TX 78752 990 2023-01-01 842726336 THE TRAVELING PRESS FUND INC TRAV 7276230934 740 4TH ST N STE 239 ST PETERSBURG FL 33701 ALEXANDER R BERGER PRESIDENT 7276230934 2024-11-15 1 1 RENAE DUNCAN P01257722 5123462086 2024-11-13 2023 2024-10-15 13:58:12Z ALEXANDER R BERGER 740 4TH ST N STE 239 ST PETERSBURG FL 33701 3713515 0 X WWW.TRAVELINGPRESS.ORG X 2019 DE THE TRAVELING PRESS FUND INC. (THE ORGANIZATION") IS AN INDEPENDENT, NON-PROFIT CORPORATION THAT PROVIDES GRANTS TO NEWSROOMS AND FREELANCE JOURNALISTS TO PRODUCE INVESTIGATIVE AND ON-LOCATION JOURNALISM, WHICH SEEKS TO EDUCATE THE PUBLIC AND ADVANCE THE PUBLIC INTEREST. THE ORGANIZATION IS NON-PARTISAN AND, IN THE BEST TRADITIONS OF AMERICAN JOURNALISM, SEEKS TO ENCOURAGE AND ENABLE JOURNALISTS TO BE THE EYES AND EARS FOR THEIR READERS AND HOLD THE POWERFUL ACCOUNTABLE. 3 3 0 3 0 0 3865120 3695574 0 0 36515 11521 0 6420 3901635 3713515 3003450 4187625 0 0 0 0 0 0 3290 43121 3946849 3046571 8134474 855064 -4420959 5736155 1316959 2204 3967 5733951 1312992 X THE TRAVELING PRESS FUND INC. (THE ORGANIZATION") IS AN INDEPENDENT, NON-PROFIT CORPORATION THAT PROVIDES GRANTS TO NEWSROOMS AND FREELANCE JOURNALISTS TO PRODUCE INVESTIGATIVE AND ON-LOCATION JOURNALISM, WHICH SEEKS TO EDUCATE THE PUBLIC AND ADVANCE THE PUBLIC INTEREST. THE ORGANIZATION IS NON-PARTISAN AND, IN THE BEST TRADITIONS OF AMERICAN JOURNALISM, SEEKS TO ENCOURAGE AND ENABLE JOURNALISTS TO BE THE EYES AND EARS FOR THEIR READERS AND HOLD THE POWERFUL ACCOUNTABLE. 0 0 4204799 4187625 THE TRAVELING PRESS FUND MADE GRANTS TO ENABLE JOURNALISTS AND FREELANCE WRITERS TO PRODUCE ON-LOCATION, NON-PARTISAN STORIES AND INTERVIEWS THAT SEEK TO EDUCATE AND INFORM THE PUBLIC ABOUT NEW IDEAS AND INITIATIVES. 4204799 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 3 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 CA CT FL MA PA X CHERIE VELEZ 7276230932 740 4TH ST N STE 307 ST PETERSBURG FL 33701 X ALEXANDER R BERGER DIRECTOR/PRESIDENT 3.00 X X 0 0 0 GARY L GINSBERG DIRECTOR/TREASURER 1.00 X X 0 0 0 JESSE M FRIED DIRECTOR/SECRETARY 1.00 X X 0 0 0 0 0 0 0 0 0 0 0 3695574 3695574 11521 11521 FOREIGN EXCHANGE GAIN 900099 6420 6420 6420 3713515 6420 0 11521 4062625 4062625 125000 125000 39168 9792 29376 27953 6988 20965 4454 128 1036 3290 1062 266 796 IMPAIRMENT OF NOTE RECE 3874212 3874212 8134474 4204799 3926385 3290 1325244 912319 300000 150000 4110911 254640 5736155 1316959 2204 3967 2204 3967 X 4151339 1108806 1582612 204186 5733951 1312992 5736155 1316959 -4420959 0 X 0 1 X 0 0 X 417500 5373901 2683434 3865120 3695574 16035529 417500 5373901 2683434 3865120 3695574 16035529 16035529 25211 36515 36515 11521 109762 6420 6420 16151711 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 3713515 0 3713515 0 3713515 8134474 0 8134474 0 8134474 PART X, LINE 2: THE ORGANIZATION ACCOUNTS FOR ITS UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH FASB ISSUED ASC 740, ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES. THE BENEFIT OF A TAX POSITION IS RECOGNIZED IN THE FINANCIAL STATEMENTS IN THE PERIOD DURING WHICH, BASED ON ALL AVAILABLE EVIDENCE, MANAGEMENT BELIEVES IT IS MORE LIKELY THAN NOT THAT THE POSITIONS WILL BE SUSTAINED UPON EXAMINATION, INCLUDING THE RESOLUTION OF APPEALS OR LITIGATION PROCESSES, IF ANY. TAX POSITIONS THAT MEET THE MORE-LIKELY-THAN-NOT RECOGNITION THRESHOLD ARE MEASURED AS THE LARGEST AMOUNT OF TAX BENEFIT THAT IS MORE THAN 50% LIKELY OF BEING REALIZED UPON SETTLEMENT WITH THE APPLICABLE TAXING AUTHORITY. AS OF DECEMBER 31, 2023 AND 2022, THE ORGANIZATION HAS NOT RECOGNIZED LIABILITIES FOR UNCERTAIN TAX POSITIONS OR ASSOCIATED INTEREST AND PENALTIES. 1 0 0 0 0 0 0 0 0 0 JOURNALIST AND FREELANCE WRITER EXPENSES MIDDLE EAST AND NORTH AFRICA 1 125000 WIRE - GRANT 0 0 0 0 0 0 PART I, LINE 2: THE BOARD OF DIRECTORS WILL REQUIRE PERIODIC REPORTS ON THE USE OF THE FUNDS. THE BOARD WILL REQUIRE THAT THE GRANTEE SEND THE ORGANIZATION COPIES OF ANY PUBLISHED MATERIALS PRODUCED WITH THE GRANT FUNDS. IN CERTAIN CASES, AS THE BOARD DETERMINES APPROPRIATE, THE BOARD MAY SET MILESTONES IN THE GRANT AGREEMENT AND MAY DISBURSE FUNDS AS MILESTONES ARE MET. 1 LEVEL THREE LABS LLC 228 PARK AVE S PMB 40660 NEW YORK NY 10003 843623247 2618500 0 JOURNALIST AND FREELANCE WRITER EXPENSES JOURNALISTIC PROTECTION LLC 2975 BEACHWOOD BLVD PITTSBURGH PA 15217 934123001 100000 0 JOURNALIST AND FREELANCE WRITER EXPENSES FINCHLEY ROAD MEDIA LLC 740 4TH STREET NORTH SUITE 176 ST PETERSBURG FL 33701 872453397 107000 0 JOURNALIST AND FREELANCE WRITER EXPENSES COLE S ARONSON LLC 6216 CLEARWOOD ROAD BETHESDA MD 20817 921653411 18000 0 JOURNALIST AND FREELANCE WRITER EXPENSES SIXPOINT INC 1412 BROADWAY 21ST FLOOR NEW YORK NY 10018 872476093 501(C)(3) 1219125 0 JOURNALIST AND FREELANCE WRITER EXPENSES 1 4 PART I, LINE 2: THE BOARD OF DIRECTORS WILL REQUIRE PERIODIC REPORTS ON THE USE OF THE FUNDS. THE BOARD WILL REQUIRE THAT THE GRANTEE SEND THE ORGANIZATION COPIES OF ANY PUBLISHED MATERIALS PRODUCED WITH THE GRANT FUNDS. IN CERTAIN CASES, AS THE BOARD DETERMINES APPROPRIATE, THE BOARD MAY SET MILESTONES IN THE GRANT AGREEMENT AND MAY DISBURSE FUNDS AS MILESTONES ARE MET. LEVEL THREE LABS LLC FORMER BOARD MEMBER AND PRESIDENT MAX NEUBERGER OWNS LEVEL THREE LABS LLC SEE FULL DISCLOSURE ON NEXT PAGE X 4012670 254640 0 1 1 254640 LEVEL THREE LABS LLC FORMER BOARD MEMBER AND PRESIDENT MAX NEUBERGER OWNS LEVEL THREE LABS LLC. 2618500 CASH GRANT SEE BELOW LEVEL THREE LABS LLC FORMER BOARD MEMBER AND PRESIDENT MAX NEUBERGER OWNS LEVEL THREE LABS LLC. 3874212 LOAN FORGIVENESS 0 SCHEDULE L, PART III, (E) PURPOSE OF ASSISTANCE THIS GRANT ENABLED JOURNALISTS TO REPORT ON LOCATION FROM PLACES INCLUDING LOS ANGELES, SAN FRANCISCO, MEXICO CITY, JERUSALEM, MINNESOTA, AND MIAMI. REPORTS FEATURED A WIDE RANGE OF SOCIAL ENTREPRENEURS WHO ARE MAKING CHANGE IN THEIR COMMUNITIES. IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, THE EXPENDITURE WAS EVALUATED AND APPROVED BY DISINTERESTED DIRECTORS. SCHEDULE L, PART II, (C), PURPOSE OF LOAN PROVIDE SUPPORT FOR MISSION ALIGNED AT-RISK INDEPENDENT PUBLICATION. IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, THE EXPENDITURE WAS EVALUATED AND APPROVED BY DISINTERESTED DIRECTORS. IN ACCORDANCE WITH THE ORGANIZATION'S CONFLICT OF INTEREST POLICY, DISINTERESTED DIRECTORS AGREED TO REDUCE THE AMOUNT OF THE LOAN DESCRIBED IN PART II ABOVE, WHICH WAS MADE IN ACCORDANCE WITH THE ORGANIZATION'S MISSION TO SUPPORT AN AT-RISK INDEPENDENT PUBLICATION. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE BOARD OF DIRECTORS AND LEGAL PROFESSIONALS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION ASKS THE BOARD MEMBERS AND OFFICERS ANNUALLY TO DISCLOSE INTERESTS THAT MAY GIVE RISE TO POTENTIAL CONFLICTS OF INTEREST UNDER THE CONFLICTS OF INTEREST POLICY. IT DOES SO IN CONJUNCTION WITH ASKING FOR INFORMATION ABOUT ARRANGEMENTS THAT MAY NEED TO BE DISCLOSED ON THE FORM 990. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS ARE MADE AVAILABLE UPON REQUEST