Utah Journalism Foundation

Organization Overview

Utah Journalism Foundation is located in Salt Lake City, UT. The organization was established in 2019. According to its NTEE Classification (A30) the organization is classified as: Media & Communications, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Utah Journalism Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Utah Journalism Foundation generated $475.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (39.4%) each year. All expenses for the organization totaled $46.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO ENSURE THAT THE PEOPLE OF UTAH CONTINUE TO BE INFORMED, ENGAGED, AND EMPOWERED BY LOCAL, INDEPENDENT WATCHDOG JOURNALISM.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE UTAH JOURNALISM FOUNDATION IDENTIFIES AND PROVIDES GRANTS TO NONPROFIT ORGANIZATIONS AND PROJECTS WHICH STRENGTHEN THE CAPACITY OF INDEPENDENT LOCAL NEWS ORGANIZATIONS TO REACH BROAD, DIVERSE AUDIENCES. OUR GRANTMAKING WILL BEGIN WHEN THE ENDOWMENT REACHES 20 MILLION. THROUGH GRANTS, THE FOUNDATION WILL IDENTIFY AND SUPPORT: EDITORIAL PROJECTS WHICH INFORM THE RESIDENTS OF UTAH OF CRITICAL ISSUES THEY WOULD NOT OTHERWISE BE AWARE OF; THE PRODUCTION OF CONTENT THAT WOULD NOT OTHERWISE GENERATE SUFFICIENT REVENUES FROM TRADITIONAL SOURCES SUCH AS ADVERTISING AND SUBSCRIPTIONS TO JUSTIFY ITS PRODUCTION, YET PROVIDES GREAT BENEFIT TO SOCIETY; THE LONG-TERM SUSTAINABILITY OF THE STATES FLAGSHIP DAILY, THE SALT LAKE TRIBUNE; EFFORTS TO IDENTIFY AND SUPPORT THE NEXT GENERATION OF JOURNALISTS, ESPECIALLY THOSE FROM DIVERSE AND UNDERREPRESENTED COMMUNITIES, THROUGH SCHOLARSHIPS; AND COMMUNITY ENGAGEMENT AND EDUCATION EFFORTS OF LOCAL NEWS ORGANIZATIONS, ESPECIALLY THOSE TARGETING THE DIVERSE RESIDENTS AND REGIONS OF UTAH. IN ALL THAT WE DO, THE UTAH JOURNALISM FOUNDATION ENDEAVORS TO ENSURE THAT INDEPENDENT AND LOCAL JOURNALISM SURVIVES AND THRIVES AT A TIME WHEN OUR SOCIETY AND DEMOCRACY NEED IT MOST.


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Board, Officers & Key Employees

Name (title)Compensation
Paul C Huntsman
President
$0
Linda Daines
Treasurer
$0
Fred Esplin
Secretary
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$0
Investment income $84,037
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $391,402
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $475,439

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Utah Journalism Foundation has recieved totaling $3,333,300.

Awarding OrganizationAmount
Jon And Karen Huntsman Foundation

Salt Lake City, UT

PURPOSE: GENERAL SUPPORT

$3,333,300
View Grant Recipient Profile

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