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Nonprofit · EIN 99-2494293

ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC

Tax-exempt · NEW YORK, NY 10281

Financials

$2M$231K2024
Revenue Expenses · by fiscal year end
Financials of ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$2,000,000$231,355$1,768,645$2,000,000$231,355$1,768,645
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$2,000,000
Program service revenue
$0
Investment income
$0
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$87,181
Travel
$8,631
Program services (functional)
$115,340
Management and general (functional)
$103,701
Fundraising (functional)
$12,314

Balance sheet and other

Total assets, start of year
$0
Total assets, end of year
$2,000,000
Total liabilities, end of year
$231,355
Net assets, end of year
$1,768,645
Net assets without donor restrictions
$1,768,645
Gross receipts
$2,000,000
Employees
0
Volunteers
5
Year formed
2024
State of legal domicile
DE

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
RACHEL WHITEEXECUTIVE DIRECTOR
Officer
35$0$85,782$20,870
DAISY VEERASINGHAMCHAIR AND DIRECTOR
Trustee or director, Officer
0.25$0$0$0
KEN DALEDIRECTOR
Trustee or director
0.25$0$0$0
JULIE PACEDIRECTOR
Trustee or director
0.25$0$0$0
JEREMY CARMELTREASURER
Officer
0.25$0$0$0
KAREN KAISERSECRETARY
Officer
0.25$0$0$0

Address and contacts

Address (IRS master file)
200 LIBERTY STREET 20TH FLOOR, NEW YORK, NY 10281-1110
In care of
% THE ASSOCIATED PRESS
Principal officer (990 for 2024)
RACHEL WHITE, 200 LIBERTY STREET 20TH FLOOR, NEW YORK, NY 10281
Signed the 990
RACHEL WHITE, EXECUTIVE DIRECTOR
Phone
(917) 284-0573
Return prepared by
PKF O'CONNOR DAVIES ADVISORY LLC

Mission

THE FOUNDATION'S MISSION IS TO PRODUCE, SUPPORT AND PROMOTE HIGH-QUALITY JOURNALISM FOCUSED ON UNDERSERVED ISSUE AND FOCUS AREAS IN ORDER TO EDUCATE AND INFORM THE PUBLIC AND ENSURE WIDESPREAD, ONGOING PUBLIC ACCESS TO EDUCATIONAL, RELIABLE, NONPARTISAN, AND INDEPENDENT NEWS AND INFORMATION, WITH THE ULTIMATE GOAL OF EDUCATING THE GENERAL PUBLIC AND ENABLING MORE INFORMED PARTICIPATION IN CIVIC SOCIETY.

990 for the year ended December 31, 2024

Program accomplishments

  • THE FOUNDATION WAS FORMED IN 2024 AND WAS IN ITS FORMATIVE STAGES AS OF DECEMBER 31, 2024. THE FIRST YEAR FOCUSED ON ESTABLISHING THE GOVERNING DOCUMENTS AND BYLAWS, SETTING UP THE INITIAL BOARD, HIRING THE EXECUTIVE DIRECTOR, OBTAINING TAX-EXEMPT STATUS, AND SECURING INITIAL FUNDING FOR PROGRAMS TO BE IMPLEMENTED IN THE SUBSEQUENT YEAR.
    Expenses $115,340

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024Check at the IRS

IRS record

EIN
99-2494293
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2025
Accounting year ends
December
Files
Form 990 or 990-EZ
Assets (IRS master file)
$2,000,000
Income (IRS master file)
$2,000,000

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$2,000,000$231,355$2,000,000XML

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 99-2494293).

Questions about ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC

What is the EIN of ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC?
The employer identification number (EIN) of ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC is 99-2494293.
Is ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2025.
Are donations to ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC?
The 990 for the year ended December 31, 2024 names RACHEL WHITE.
Who are the officers and directors of ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC?
The 990 for the year ended December 31, 2024 lists 6 people; 0 received compensation from the organization.
How much revenue does ASSOCIATED PRESS FOUNDATION FOR JOURNALISM INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $2,000,000, expenses of $231,355 and total assets of $2,000,000 at year end.

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