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Washington, D.C. · Nonprofit

FDRLST MEDIA FOUNDATION

FDRLST MEDIA FOUNDATION (Washington, D.C.) receives grants from 16 organizations whose IRS filings report $7,618,092 to it, the largest being Donors Trust Inc ($4,432,500). 4 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$3.0M
Funders on record
16
Grants received
$7.6M
Net assets
$6.8M
4/16 repeat funderspeak grant-dependency 68%
01What it does

What Fdrlst Media Foundation does

Mission

1) to support journalism on policy and cultural issues in the public interest.2) to train and educate aspiring journalists.

As stated on its FY2024 Form 990.

Program

  1. To support journalism on policy and cultural issues and to train and educate aspiring journalists.

    $2,498,103 spentof which $1,235,000 as grants
    100% of program spending

The program described on its FY2024 Form 990. Program spending in total: $2,498,103.

02The organization over time

The organization over time

Each line starts at 100 in 2019, so what you read is the shape rather than the size: 150 means half as much again as 2019, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20192019 Revenue 100 ($799k) Expenses 100 ($152k) Net assets 100 ($640k)2020 Revenue 188 ($1.5M) Expenses 152 ($231k) Net assets 298 ($1.9M)2021 Revenue 350 ($2.8M) Expenses 501 ($764k) Net assets 616 ($3.9M)2022 Revenue 466 ($3.7M) Expenses 861 ($1.3M) Net assets 993 ($6.4M)2023 Revenue 234 ($1.9M) Expenses 1131 ($1.7M) Net assets 1015 ($6.5M)2024 Revenue 379 ($3.0M) Expenses 1804 ($2.8M) Net assets 1059 ($6.8M)
201920202021202220232024
Revenue (379)Expenses (1804)Net assets (1059)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $3.9M to $6.4M (+61%).

$640k
$1.9M
$3.9M
$6.4M
$7.0M
$7.3M
201920202021202220232024
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

100% of FDRLST MEDIA FOUNDATION’s revenue is contributions — more reliant on donations than three-quarters of its peers (88% for the typical peer).

This organization
Typical peer · 1,090 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 6 reported years ran a deficit.

$647k
’19
$1.3M
’20
$2.0M
’21
$2.4M
’22
$143k
’23
$276k
’24
0.3
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

201920202021202220232024
Listed222222
Joined······
No longer listed······
03Who funds it

Who funds it, year by year

2020 → 2023: the base broadened from 2 funders to 4 funders, grant income rose $450k → $624k.

8 of 16 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 68% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of FDRLST MEDIA FOUNDATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

FDRLST MEDIA FOUNDATION leans on a few funders — its largest provides 58% of grant income and the top three 84%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

83% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund FDRLST MEDIA FOUNDATION.

58%
largest funder
84%
top three
~3
effective funders

Largest funder’s share by year: 2020 56% · 2021 74% · 2022 91% · 2023 74% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How long its funders stay

50% of FDRLST MEDIA FOUNDATION's funders are still giving 1 year after their first grant; 25% give in more than one year at all.

first grant+1y

Share of funders still giving k years after their first recorded grant, pooled across every acquisition cohort. A funder counts as retained in a year only if it made a grant that year. Measured to FY2023, the last fiscal year that has finished arriving — a funder cannot be counted as lapsed in a year most filers have not reached.

Where its funders are

68% of FDRLST MEDIA FOUNDATION's grant income arrives through donor-advised or pass-through sponsors, whose addresses record where the money is held rather than where the donor is. Of the $2.4M that is directly attributable, 60% of it comes from funders outside Washington, D.C., across 6 states.

WA
NY
VA
DE
DC
FL

In-state vs out-of-state, by year

’20
’21
’22
’23
Washington, D.C. out of state home

Funder states come from each funder’s own filing. $5.2M arriving through sponsors registered in 8 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

FDRLST MEDIA FOUNDATION has grown faster than three-quarters of the 1,003 public benefit nonprofits its size.

Operating margin9% · above the median
Months of reserve0.3mo · bottom quartile
Revenue growth (annualized)31% · top quartile

this organization peer median middle 50% of peers· 1,003 public benefit nonprofits $1M–$10M, FY2024

Organizations like FDRLST MEDIA FOUNDATION

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Washington, D.C.

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

91% of spending goes to programs.

Program 91%Management 9%Fundraising 0%

Governance

3
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

65%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

WY

Screen this organization

A dated, signed PDF of the compliance screen for FDRLST MEDIA FOUNDATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds FDRLST MEDIA FOUNDATION?
FDRLST MEDIA FOUNDATION (Washington, D.C.) receives grants from 16 organizations whose IRS filings report $7,618,092 to it, the largest being Donors Trust Inc ($4,432,500). 4 of them have funded it in more than one year, and 68% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does FDRLST MEDIA FOUNDATION have?
IRS filings report 16 organizations giving $7,618,092 in grants to FDRLST MEDIA FOUNDATION, 4 of which have funded it in more than one year.
Who is the largest funder of FDRLST MEDIA FOUNDATION?
Donors Trust Inc is the largest funder on record, with $4,432,500 in grants. The full list of funders is on this page.
How can an organization like FDRLST MEDIA FOUNDATION find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Washington, D.C.. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2019–2024), and the filings of 16 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing