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Indiana · Nonprofit

SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC

SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC (Indiana) receives grants from 8 organizations whose IRS filings report $393,041 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($220,200). 5 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.

Revenue FY2024
$749k
Funders on record
8
Grants received
$393k
Net assets
$16M
5/8 repeat funderspeak grant-dependency 18%
01What it does

What Society of Professional Journalists Foundation Inc does

Mission

To aid, encourage and promote the education and training of persons who intend to enter or are already in the field of journalism.

As stated on its FY2024 Form 990.

Programs

  1. To achieve the primary exempt purpose, grant requests are accepted, reviewed and awarded to those applicants who best meet the foundation's mission statement. More specifically, grants are awarded for educational programs that help in the following areas: educating about the importance of open government, promoting integrity, encouraging excellence, fostering diversity, inspiring new generations of talented journalists and protecting freedom of speech and press.

    $698,558 spentof which $587,605 as grants
    88% of program spending
  2. Eugene s. Pulliam first amendment award this $10,000 award honors people and organizations who work to protect and preserve one or more of the rights guaranteed by the first amendment. Eugene c. Pulliam fellowship for public service journalism the $100,000 eugene c. Pulliam fellowship is intended to enable a mid-career journalist who specializes in fact-based commentary or analysis to have time away from daily responsibilities to pursue in-depth reporting projects. Both programs were examined and updated in 2024 so none were given out. But they will resume in 2025.

  3. Quill, spj's magazine, is supported by the quill endowment fund which was established in 1923 for the purpose of assisting in covering expenses incurred for the production of the magazine. It is delivered either in print or electronically to all spj members.

    $96,962 spent$5,781 earned by the program
    12% of program spending

The 3 programs described on its FY2024 Form 990, listed largest first by expense. Program spending in total: $795,520.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 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 = 20172017 Revenue 100 ($1.1M) Expenses 100 ($1.2M) Net assets 100 ($13M)2018 Revenue 153 ($1.7M) Expenses 114 ($1.4M) Net assets 106 ($14M)2020 Revenue 108 ($1.2M) Expenses 109 ($1.3M) Net assets 113 ($15M)2021 Revenue 95 ($1.0M) Expenses 71 ($862k) Net assets 128 ($17M)2022 Revenue 100 ($1.1M) Expenses 78 ($943k) Net assets 108 ($14M)2023 Revenue 69 ($757k) Expenses 79 ($966k) Net assets 117 ($15M)2024 Revenue 69 ($749k) Expenses 99 ($1.2M) Net assets 125 ($16M)
2017201820202021202220232024
Revenue (69)Expenses (99)Net assets (125)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 $17M to $15M (−15%).

$13M
$14M
$15M
$17M
$15M
$16M
$17M
2017201820202021202220232024
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.

2017
2018
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

11% of SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC’s revenue is contributions — more earned-revenue than three-quarters of its peers (64% for the typical peer).

This organization
Typical peer · 19,547 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 4 of the last 7 reported years ran a deficit.

−$124k
’17
$279k
’18
−$152k
’20
$172k
’21
$144k
’22
−$209k
’23
−$449k
’24
2.8
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.

Chief executive

Caroline Hendrie

Executive director

As listed on its FY2024 Form 990.

The chief executive listed changed between the FY2023 and FY2024 filings.

2017201820202021202220232024
Listed31352833323328
Joined·+11·+6+8+4+5
No longer listed·7·19310
03Who funds it

Who funds it, year by year

2017 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $50k → $8k.

4 of 8 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 84% 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 SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC’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

SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC leans on a few funders — its largest provides 56% of grant income and the top three 86%; half comes from just 1 funder.

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

84% 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 SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC.

56%
largest funder
86%
top three
~3
effective funders

Largest funder’s share by year: 2017 66% · 2018 64% · 2019 58% · 2020 80% · 2021 99% · 2022 100% · 2023 100% — 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

17% of SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC's funders are still giving 3 years after their first grant; 63% give in more than one year at all.

first grant+1y+2y+3y+4y+5y

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

84% of SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC'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 $64k that is directly attributable, 100% of it comes from funders outside Indiana, across 4 states.

IL
OH
NJ
FL

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

’17
’18
’19
’21
’22
Indiana out of state home

Funder states come from each funder’s own filing. $329k arriving through sponsors registered in 4 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

SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC's revenue fell 31% between 2017 and 2024.

Operating margin−60% · bottom quartile
Months of reserve2.8mo · below the median
Revenue growth (annualized)−5% · bottom quartile

this organization peer median middle 50% of peers· 17,936 arts & culture nonprofits $100k–$1M, FY2024

Organizations like SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC

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 Indiana

Nationally

05Profile & governance

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

Where the money goes

66% of spending goes to programs.

Program 66%Management 26%Fundraising 7%

Governance

26
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention–Board reviewed the 990✓Audited financials

Footprint & structure

Files a return copy in 1 state

IN

Part of a family of 1 related entity

  • Society of Professional Journalists · exempt

Screen this organization

A dated, signed PDF of the compliance screen for SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC: 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 SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC?
SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC (Indiana) receives grants from 8 organizations whose IRS filings report $393,041 to it, the largest being FIDELITY INVESTMENTS CHARITABLE GIFT FUND ($220,200). 5 of them have funded it in more than one year, and 84% of the money arrives through donor-advised or pass-through sponsors rather than from an institution directly.
How many funders does SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC have?
IRS filings report 8 organizations giving $393,041 in grants to SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC, 5 of which have funded it in more than one year.
Who is the largest funder of SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC?
FIDELITY INVESTMENTS CHARITABLE GIFT FUND is the largest funder on record, with $220,200 in grants. The full list of funders is on this page.
How can an organization like SOCIETY OF PROFESSIONAL JOURNALISTS FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Indiana. 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 2017–2024), and the filings of 8 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