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Four Foundations Collaborate to Provide Resources for Journalism Organizations to Innovate: Knight Foundation, Ford Foundation, Ethics & Excellence in Journalism Foundation, and McCormick Foundation Unite in The Challenge Fund for Journalism

Posted : Mon, 06 Oct 2008 14:00:44 GMT
Author : McCormick Foundation
Category : Press Release
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Eleven organizations raise $952,680 in contributions to meet funders' challenge; Fifteen journalism groups offered challenge grants to increase fundraising capacity over the next year. NEW YORK, Oct. 6
NEW YORK, Oct. 6 /PRNewswire/ -- The Challenge Fund for Journalism today announced that 15 nonprofit organizations will receive $565,000 in grants provided they match the awards within one year.
In addition, the four journalism foundations that sponsor the Challenge Fund said that 11 organizations that recently concluded the annual cycle were awarded $449,000 in grants after raising $952,680 in matching contributions.
The Ford Foundation, the John S. and James L. Knight Foundation, the McCormick Foundation, and the Ethics & Excellence in Journalism Foundation partnered in both the fourth annual cycle of the Challenge Fund for Journalism, known as CFJ IV, as well as the award of new CFJ V grants for the fifth annual cycle. Launched in 2004, the Challenge Fund for Journalism is now a three-tier, multi-year, matching challenge grant program for nonprofit journalism organizations. The initiative enhances organizational capacity and builds individual donor development strategies.
The Challenge Fund for Journalism was introduced amid the backdrop of seismic shifts in the news media profession. Those shifts have since accelerated, creating even greater relevance for the funding initiative. Journalism organizations continue to battle economic challenges resulting from consolidation in the industry, frequent layoffs, declining financial support from corporate and philanthropic sources and increased competition from "citizen journalists" and bloggers. CFJ helps to ensure that journalism organizations, which are critical to supporting the profession, have the leadership, infrastructure, and financial resources needed to increase their adaptability and promote long-term sustainability.
The challenge grants are complemented by customized coaching, technical assistance, peer networking opportunities, and organizational development and fundraising trainings. All grantees work to strengthen their organizational capacity and individual donor bases. They must raise their matches through new or increased individual donations, including gifts from individuals, small family foundations, small business owners and employee matching programs.
Over the past year, the CFJ funding partners distributed $449,000 in grant awards to 11 CFJ IV grantees who successfully raised $952,680 in matching contributions. Despite facing significant challenges given the difficulties in the journalism industry, CFJ IV grantees made strong progress in their fundraising efforts, collectively raising $251,680 more than required by their match.


CFJ IV GranteeTotal Raised &
 Awarded
Alfred Friendly Press Fellowships$55,047
Association for Women in Sports Media$60,180
Association of Capitol Reporters and Editors $32,926
Carole Kneeland Project  $78,187
Cartoonists Rights Network, International$40,500
Center for Public Integrity  $298,186
Education Writers Association$201,639
Institutes for Journalism & Natural Resources$189,347
International Women's Media Foundation   $379,590
Press Institute for Women in the Developing World$48,388
UNITY: Journalists of Color, Inc.$18,190

CFJ V has now launched with another 15 journalism organizations, which represent a broad range of sectors and interest areas. They have been awarded a total of $565,000 in challenge grants, and will have one year to match their specific award.


CFJ V Grantee  Grant Award
Associated Press Managing Editors Association$50,000
Center for Integration & Improvement in Journalism   $15,000
Center for Investigative Reporting   $50,000
Fairness & Accuracy in Reporting $25,000
International Center for Journalists $80,000
Investigative Reporters and Editors  $50,000
Journalism & Women Symposium $50,000
Journalism Center on Children & Families $20,000
New America Media/Pacific News Service   $25,000
Online News Association  $60,000
Overseas Press Club  $25,000
Religion Newswriters Foundation  $35,000
Society for News Design  $15,000
Society of American Business Editors and Writers $50,000
South Asian Journalists Association  $15,000


Bob Ross, President and CEO of the Ethics & Excellence in Journalism Foundation noted, "The Challenge Fund for Journalism offers a unique opportunity for journalism organizations to build their infrastructure and human resources with a view toward long-term sustainability, which ultimately strengthens the entire journalism profession."
"This collaboration of funding partners has been a rewarding experience for us," said Clark Bell, the McCormick Foundation's Journalism Program Director. "As the journalism sector continues to transform, it is essential that nonprofit groups gain the tools, knowledge and resources needed to strengthen their organizations and diversify their sources of income, particularly from individuals. CFJ grantees have demonstrated the ability to draw on new sources of revenue that will sustain their organizations for many years to come."
"Changes in the media field have made this initiative especially timely," said Calvin Sims, Program Officer, Media, Arts, and Culture, at the Ford Foundation. "Intense competitive pressures mean journalism organizations need to innovate in finding resources to sustain themselves. At the same time, the public needs excellent journalistic reporting more than ever. CFJ helps journalism groups by building their capacity to raise funds sustainably from individuals."
The first four CFJ cycles included 38 journalism organizations that received $2.8 million in grant funds and raised another $4.2 million in matching contributions. The new grantees met in Chicago on August 5th to kick off the Challenge Fund for Journalism V.
The John S. and James L. Knight Foundation (http://www.knightfoundation.org) promotes excellence in journalism worldwide and invests in the vitality of 26 U.S. communities. Since 1954, the foundation has given more than $300 million in journalism grants.
The Ethics and Excellence in Journalism Foundation (http://www.journalismfoundation.org) was founded in 1982 by Edith Kinney Gaylord to support local and national efforts to improve the quality of journalism practices among various media. The Foundation provides funding for projects that promote excellence and instill high ethical standards in journalism.
The Ford Foundation (http://www.fordfound.org) is an independent, nonprofit grant making organization. For more than half a century it has been a resource for innovative people and institutions worldwide, guided by its goals of strengthening democratic values, reducing poverty and injustice, promoting international cooperation, and advancing human achievement.
The McCormick Foundation (http://www.mccormicktribune.org) is a nonprofit organization committed to making life better for our children, communities and country. Through its journalism and other charitable grantmaking programs, Cantigny Park and Golf, Cantigny First Division Foundation and the McCormick Tribune Freedom Museum, the Foundation is able to positively impact people's lives and stay true to its mission of advancing the ideals of a free, democratic society. The Journalism Program has four funding areas: News Leadership, Journalism Education, First Amendment Freedoms and Youth Media.
The New York office of TCC Group (http://www.tccgrp.com), a 29 year-old management consulting firm that works with funders and nonprofit organizations, manages The Challenge Fund for Journalism and provides technical assistance to the grantees.
SOURCE McCormick Foundation

Copyright © 2008 PR Newswire. All rights reserved.




Article : Four Foundations Collaborate to Provide Resources for Journalism Organizations to Innovate: Knight Foundation, Ford Foundation, Ethics & Excellence in Journalism Foundation, and McCormick Foundation Unite in The Challenge Fund for Journalism
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