EIN 13-6021439

Dow Jones News Fund

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
1960
Most recent tax filings
2023-12-01
NTEE code, primary
Description
The Dow Jones News Fund is a private foundation that funds college scholarships, journalism workshops, and intern training programs. It made 82 grants last year. It is located in Princeton, NJ.
Total revenues
$523,619
2023
Total expenses
$634,062
2023
Total assets
$479,779
2023
Num. employees
0
2023

Program areas at Dow Jones News Fund

College intern training, placement and support program - 106 college students were selected out of hundreds of applicants to participate in on-site training events organized by the organization and placed in internships with News organization across the country. The organization also covered travel costs and provided financial assistance to interns during their internships.
College student scholarships - the organization provided 1,500 scholarships to eligible college students who participated in the internship program.
High school summer journalism workshops - the organization provided funding to 11 educational institutions to host summer journalism workshops for high school students. They also awarded 1,500 scholarships to several high school students who won a writing competition.
The organization charges for-profit News organizations a fee for each intern that it places. The fee is intended to subsidize the costs the organization incurs to train the interns before they begin their internships.
The organization published several books in past years related to journalism education, and continues to collect royalties on the sales of those books.

Grants made by Dow Jones News Fund

GranteeGrant descriptionAmount
Coaching Detroit ForwardHS Journalism Workshop$6,000
Northern Arizona University (NAU)HS Journalism Workshop$6,000
City Limits NewsHS Journalism Workshop$5,500
...and 5 more grants made

Who funds Dow Jones News Fund

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Dow Jones FoundationDedicated To the Encouragement and Education of High School and College Students Interested in Careers in Journalism.$340,000
Robert Wood Johnson Foundation (RWJF)79375 Training High School Journalists in How To Investigate the Impact of Inequitable Government and Business Polices on Health and Well-Being, 2022$50,000
Freedom ForumTrustee Initiatives$25,000

Personnel at Dow Jones News Fund

NameTitleCompensation
Shirley CarswellExecutive Director$0
Denise JesterFinance Mana$0
Heather TaylorProgramming$0
Paul SchmidtTreasurer$0
Katelynn CoughlinDigital Media Manager$0
...and 2 more key personnel

Financials for Dow Jones News Fund

RevenuesFYE 12/2023
Total grants, contributions, etc.$405,990
Investment income and dividends$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Gross sales of inventory$0
Miscellaneous revenues$117,629
Total revenues$523,619

Form 990s for Dow Jones News Fund

Fiscal year endingDate received by IRSFormPDF link
2023-122024-03-14990PFView PDF
2022-122023-09-13990PFView PDF
2021-122022-11-15990PFView PDF
2020-122021-10-07990PFView PDF
2019-122021-06-10990PFView PDF
...and 9 more Form 990s
Data update history
May 21, 2024
Updated personnel
Identified 3 new personnel
December 28, 2023
Received grants
Identified 1 new grant, including a grant for $25,000 from Freedom Forum
December 25, 2023
Received grants
Identified 1 new grant, including a grant for $50,000 from Robert Wood Johnson Foundation (RWJF)
November 7, 2023
Posted financials
Added Form 990PF for fiscal year 2022
October 25, 2023
Used new vendors
Identified 1 new vendor, including
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsMedia and communications organizationsCharities
Issues
Education
Characteristics
Provides grantsPartially liquidatedNational levelTax deductible donationsNo full-time employees
General information
Address
PO Box 300
Princeton, NJ 08543
Metro area
Trenton-Princeton, NJ
County
Mercer County, NJ
Website URL
dowjonesnewsfund.org/ 
Phone
(609) 627-1953
IRS details
EIN
13-6021439
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1960
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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