Nonprofits›Franklin News Foundation

Education

Franklin News Foundation

CHICAGO, IL

Website

Total revenue

$5.8M

Total expenses

$5.4M

Net assets

—

Grants received

$15.9M

87 grants

EIN

264066298

Tax year

2024

Mission

The mission of franklin news foundation is to promote social welfare and civil betterment by undertaking programs that promote journalism and the education of the public about corruption, incompetence, fraud or taxpayer abuse by election officials at all levels of government.

Financials

FY 2024

Revenue

Contributions & grants$5.6M
Program service revenue—
Investment income—
Other revenue$116K
Total revenue$5.8M

Expenses

Grants paid—
Salaries & benefits$3.6M
Fundraising$424K
Other expenses$1.6M
Total expenses$5.4M
Total assets$650K
Net assets—

People

9 listed

NameRoleCompensation

CHRISTOPHER KRUG

CEO

Board

$422K

40 hrs/wk

LAUREL ABRAHAM

CHIEF OPERATING OFFICER

Board

$173K

40 hrs/wk

JERRY LYLES

VICE PRESIDENT OF SYNDICATION & DISTRIBUTION

Board

$166K

40 hrs/wk

JENNIFER STEFANO

DIRECTOR

Board

—

1 hrs/wk

ERIC SUCHARSKI

DIRECTOR

Board

—

1 hrs/wk

BRADLEY WALTON

SECRETARY/TREASURER

Board

—

1 hrs/wk

JOHN TILLMAN

CHAIRMAN

Board

—

1 hrs/wk

DANIEL MCCALEB

CHIEF CONTENT OFFICER

Staff

$217K

40 hrs/wk

COLE LAUTERBACH

EMPLOYEE

Staff

$117K

40 hrs/wk

Independent contractors

BEARING TREE INCORPORATED

$499K

IRON LIGHT INCORPORATED

$300K

ALETHEA MEDIA GROUP LLC

$115K

Grants received

Showing 87 of 87

FromAmountPurposeYear
PROJECT 42
$1.2M
MEDIA INVESTIGATIVE REPORTING
2024
Donors Trust Inc
$850K
for general operations
2024
SARAH SCAIFE FOUNDATION INCORPORATED
$450K
GENERAL OPERATING SUPPORT
2024
BRADLEY IMPACT FUND INC
$447K
GENERAL OPERATING SUPPORT.
2024
THE ALTA AND JOHN FRANKS FOUNDATION
$363K
UNRESTRICTED GIFT TO 501(C)(3) ORG
2024
THE SEARLE FREEDOM TRUST
$300K
FELLOWSHIPS
2024
The Lynde and Harry Bradley Foundation Inc
$300K
To support general operations
2024
INFORMING AMERICA FOUNDATION
$250K
PRODUCE MEDIA TO FOCUS ON PUBLIC-INTEREST POLICY
2024
The Dunn Foundation
$100K
General & Unrestricted
2024
MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST INC
$25K
UNRESTRICTED GENERAL SUPPORT
2024
THE ARMSTRONG FOUNDATION
$15K
EDUCATION
2024
MADIGAN FAMILY FOUNDATION
$5K
CHARITABLE PURPOSE
2024
JOHN & LINDA ANDERSON CHARITABLE
$2K
PHILANTHROPY
2024
JOHN & LINDA ANDERSON CHARITABLE
$2K
PHILANTHROPY
2024
BRADLEY IMPACT FUND INC
$975K
GENERAL OPERATING SUPPORT.
2023
PROJECT 42
$826K
MEDIA INVESTIGATIVE REPORTING
2023
Donors Trust Inc
$553K
for general operations
2023
The Lynde and Harry Bradley Foundation Inc
$500K
To support an education project
2023
SARAH SCAIFE FOUNDATION INCORPORATED
$420K
GENERAL OPERATING SUPPORT
2023
THE SEARLE FREEDOM TRUST
$300K
JOURNALISM
2023
INFORMING AMERICA FOUNDATION
$250K
PRODUCE MEDIA TO FOCUS ON PUBLIC-INTEREST POLICY
2023
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$223K
For grant recipient's exempt purposes
2023
ALLEGHENY FOUNDATION
$150K
GENERAL OPERATING SUPPORT
2023
BETH AND RAVENEL CURRY FOUNDATION
$150K
UNRESTRICTED
2023
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$30K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
NATIONAL PHILANTHROPIC TRUST
$30K
EDUCATION
2023
THE ALTA AND JOHN FRANKS FOUNDATION
$25K
UNRESTRICTED GIFT TO 501(C)(3) ORG
2023
POWER THE FUTURE INC
$13K
TO FURTHER ORGANIZATION'S MISSION
2023
THE ARMSTRONG FOUNDATION
$10K
MEDIA
2023
BRADLEY IMPACT FUND INC
$875K
GENERAL CHARITABLE PURPOSES
2022
PROJECT 42
$799K
PROMOTE JOURNALISM AND EDUCATION OF THE PUBLIC
2022
SARAH SCAIFE FOUNDATION INCORPORATED
$400K
GENERAL OPERATING SUPPORT
2022
THE SEARLE FREEDOM TRUST
$350K
JOURNALISM
2022
The Lynde and Harry Bradley Foundation Inc
$300K
To support expansion and Wisconsin programs
2022
INFORMING AMERICA FOUNDATION
$250K
PRODUCE MEDIA TO FOCUS ON PUBLIC-INTEREST POLICY
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$204K
For grant recipient's exempt purposes
2022
Donors Trust Inc
$185K
for general operations
2022
ALLEGHENY FOUNDATION
$150K
PROJECT SUPPORT
2022
THOMAS W SMITH FOUNDATION INC
$150K
PUBLIC POLICY
2022
BETH AND RAVENEL CURRY FOUNDATION
$100K
UNRESTRICTED
2022
JOHN WILLIAM POPE FOUNDATION
$100K
RESTRICTED - FUTURE OF FREEDOM INITIATIVE
2022
CONSIDINE FAMILY FOUNDATION
$50K
EDUCATION
2022
NATIONAL PHILANTHROPIC TRUST
$30K
PUBLIC, SOCIETAL BENEFIT
2022
MOGLIA FAMILY FOUNDATION
$25K
GENERAL PURPOSE
2022
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$25K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
JOHN WILLIAM POPE FOUNDATION
$25K
UNRESTRICTED
2022
THE ALTA AND JOHN FRANKS FOUNDATION
$20K
UNRESTRICTED GIFT TO 501(C)(3) ORG
2022
C AND A JOHNSON FAMILY FOUNDATION
$5K
CHARITABLE SUPPORT
2022
KUNES FAMILY FOUNDATION
$1K
ADVERTISING SUPPORT FOR NON PROFITS
2022
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$137K
For grant recipient's exempt purposes
2021
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$137K
For grant recipient's exempt purposes
2021
JOHN WILLIAM POPE FOUNDATION
$100K
RESTRICTED - FUTURE OF FREEDOM PROGRAM
2021
ADOLPH COORS FOUNDATION
$35K
GENERAL OPERATIONS
2021
JOHN WILLIAM POPE FOUNDATION
$25K
UNRESTRICTED GRANT
2021
NATIONAL PHILANTHROPIC TRUST
$25K
PUBLIC, SOCIETAL BENEFIT
2021
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$23K
For recipient's exempt purpose
2021
DONOR ADVISED CHARITABLE GIVING INC
$5K
EDUCATION
2021
KUNES FAMILY FOUNDATION
$5K
SUPPORT FOR OGANIZATION FOCUSED ON SUSTAINABLE PUBLIC JOURNALISM
2021
C AND A JOHNSON FAMILY FOUNDATION
$5K
CHARITABLE SUPPORT
2021
EL POMAR FOUNDATION
$5K
The Center Square Colorado publication
2021
BAILEY FAMILY FOUNDATION INC
$500
CHARITABLE PURPOSES
2021
THE PETERSON FAMILY FOUNDATION
$500
GENERAL FUND
2021
Donors Trust Inc
$1.1M
for general operations
2020
The Lynde and Harry Bradley Foundation Inc
$250K
To support expansion nationwide
2020
SARAH SCAIFE FOUNDATION INCORPORATED
$250K
GENERAL OPERATING SUPPORT
2020
THE SEARLE FREEDOM TRUST
$200K
JOURNALISM
2020
ALLEGHENY FOUNDATION
$150K
PROJECT SUPPORT
2020
THOMAS W SMITH FOUNDATION INC
$150K
PUBLIC POLICY
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$135K
For grant recipient's exempt purposes
2020
VANGUARD CHARITABLE ENDOWMENT PROGRAM
$28K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
NATIONAL PHILANTHROPIC TRUST
$25K
PUBLIC, SOCIETAL BENEFIT
2020
CONSIDINE FAMILY FOUNDATION
$25K
EDUCATION
2020
THE EDWARD L RISPONE FAMILY FOUNDATION
$20K
TO PROVIDE FUNDS TO SUPPORT TIMELY, BALANCED, AND ACCURATE NEWS COVERAGE
2020
JOHN WILLIAM POPE FOUNDATION
$15K
RESTRICTED - NC EFFORTS
2020
EL POMAR FOUNDATION
$5K
Colorado operations
2020
C AND A JOHNSON FAMILY FOUNDATION
$5K
CHARITABLE SUPPORT
2020
GREATER HOUSTON COMMUNITY FOUNDATION
$5K
Public Benefit
2020
THE ROE FOUNDATION
$5K
GENERAL OPERATING BUDGET
2020
BAILEY FAMILY FOUNDATION INC
$2K
CHARITABLE PURPOSES
2020
GREATER HOUSTON COMMUNITY FOUNDATION
$2K
The donor would like to state, 'This grant is to support efforts for better news media and voter education in America.'
2020
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$79K
For grant recipient's exempt purposes
2019
NATIONAL PHILANTHROPIC TRUST
$25K
PUBLIC, SOCIETAL BENEFIT
2019
Charles Koch Institute
$18K
EDUCATION
2019
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$53K
For grant recipient's exempt purposes
2018
Atlas Economic Research Foundation
$10K
Economic education
2018
BRADLEY IMPACT FUND INC
$6K
GENERAL OPERATIONS
2018
FIDELITY INVESTMENTS CHARITABLE GIFT FUND
$18K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$15.9M from 35 funders · 87 grants · 2017–2024

Project 42

$2.8M · 3 grants · 2022–2024

Donors Trust Inc

$2.7M · 4 grants · 2020–2024

Bradley Impact Fund Inc

$2.3M · 4 grants · 2018–2024

Sarah Scaife Foundation Incorporated

$1.5M · 4 grants · 2020–2024

The Lynde and Harry Bradley Foundation Inc

$1.4M · 4 grants · 2020–2024

The Searle Freedom Trust

$1.1M · 4 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$985K · 8 grants · 2017–2023

Informing America Foundation

$750K · 3 grants · 2022–2024

Details

EIN264066298
NTEE codeB990
Subsection03
Ruling date2009-06
Formed2009
Employees0
Volunteers0
FRANKLIN NEWS FOUNDATION — Mission, Financials & Grants Received | Grantivo