NonprofitsRebuild Local News

Education

Rebuild Local News

BROOKLYN, NY

Total revenue

$2.0M

Total expenses

$1.4M

Net assets

$2.6M

Grants received

$2.8M

19 grants

EIN

920480649

Tax year

2024

Mission

To advance public policies to counter the collapse of local news, revitalize community journalism, and strengthen democracy.

Financials

FY 2024

Revenue

Contributions & grants$2.0M
Program service revenue
Investment income$42K
Other revenue
Total revenue$2.0M

Expenses

Grants paid
Salaries & benefits$693K
Fundraising$77K
Other expenses$690K
Total expenses$1.4M
Total assets$2.6M
Net assets$2.6M

People

8 listed

NameRoleCompensation

ANNA BRUGMANN

SECRETARY

Board

$93K

2 hrs/wk

JIM FREIDLICH

BOARD MEMBER

Board

1 hrs/wk

GRACIELA MOCHKOFSKY

BOARD MEMBER

Board

1 hrs/wk

PAULETTE BROWN-HINDS

CHAIR

Board

2 hrs/wk

KANG-XING JIN

BOARD MEMBER

Board

1 hrs/wk

JULIE SANDORF

BOARD MEMBER

Board

1 hrs/wk

LENNY MENDONCA

BOARD MEMBER

Board

1 hrs/wk

STEVEN WALDMAN

PRESIDENT

Staff

$260K

40 hrs/wk

Independent contractors

CAPITOL COUNSEL LLC

CONSULTING

$130K

Grants received

Showing 19 of 19

FromAmountPurposeYear
$500K
IN SUPPORT OF GENERAL OPERATIONS
2024
$150K
GENERAL SUPPORT
2024
$50K
GENERAL SUPPORT
2024
$25K
General & Unrestricted
2024
$25K
GENERAL OPERATIONS
2024
$25K
DONOR ADVISED, GENERAL
2024
$1K
GENERAL FUND
2024
$500K
TO SUPPORT THE CREATION OF A NONPROFIT ORGANIZATION THAT WILL DEVELOP NONPARTISAN PUBLIC POLICYAT BOTH FEDERAL AND STATE LEVELSTHAT AIMS TO INFUSE FUNDS INTO LOCAL NEWS ECOSYSTEMS THROUGHOUT THE UNITED STATES.
2023
$500K
TO SUPPORT THE CREATION OF A NONPROFIT ORGANIZATION THAT WILL DEVELOP NONPARTISAN PUBLIC POLICYAT BOTH FEDERAL AND STATE LEVELSTHAT AIMS TO INFUSE FUNDS INTO LOCAL NEWS ECOSYSTEMS THROUGHOUT THE UNITED STATES.
2023
$250K
TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
2023
$190K
GENERAL SUPPORT
2023
$150K
GENERAL SUPPORT
2023
$100K
in support of general operations
2023
$50K
PROGRAM SUPPORT
2023
$50K
UNRESTRICTED/ GENERAL USE
2023
$50K
MEDIA - GENERAL OPERATING SUPPORT
2023
$25K
HUMAN SERVICES
2023
$5K
GENERAL SUPPORT
2023
$150K
(R) = $150,000.00
2022

Funded by

$2.8M from 15 funders · 19 grants · 2022–2024

John D And Catherine T Macarthur

$600K · 2 grants · 2023–2024

The Ford Foundation

$340K · 2 grants · 2023–2024

American Journalism Project Inc

$250K · 1 grant · 2023

The Lenfest Institute For Journalism

$150K · 1 grant · 2022

Skyline Foundation

$150K · 1 grant · 2023

The Argosy Foundation

$100K · 2 grants · 2023–2024

Posner Foundation Of Pittsburgh

$50K · 1 grant · 2023

Details

EIN920480649
NTEE codeB05
Subsection03
Ruling date2023-01
Formed2022
Employees6
Volunteers0
REBUILD LOCAL NEWS — Mission, Financials & Grants Received | Grantivo