Dow Jones News Fund Inc logo

Dow Jones News Fund Inc

PRINCETON, NJ EIN: 13-6021439 Website

2013 type: exa:search title: DJNF 1996 - 2013 type: exa:news title: 'DJNF Alum Funds 3 Internships - Dow Jones News Fund : Promoting careers in Print and Online JournalismDow Jones News Fund : Promoting careers in Print and Online Journalism' type: exa:news title: "Dow Jones News Fund Announces $462,350 in 2015 Grants\u2014Dow Jones News\ \ Fund : Promoting careers in Print and Online Journalism" type: exa:news title: 'DJNF Announces New Award - Dow Jones News Fund : Promoting careers in Print and Online JournalismDow Jones News Fund : Promoting careers in Print and Online Journalism' type: exa:news title: "Dow Jones News Fund Announces $490,000 in 2014 Grants\u2014Dow Jones News\ \ Fund : Promoting careers in Print and Online Journalism" type: exa:news title: Dow Jones News Fund Awards $432,000 in 2012 Grants

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$450K

-6.2% YoY

Annual Giving

$134K

-15.0% YoY

Grant Count

12

+0.0% YoY

Avg Grant Size

$11K

-15.0% YoY

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The Dow Jones News Fund promotes careers in print and online journalism by training journalists through internships, workshops, and scholarships. The organization focuses on developing diverse, well-prepared professionals dedicated to journalism excellence.

Primary program areas include:

  • College intern training, placement and support program — The organization selects college students from hundreds of applicants to participate in on-site training events and places them in internships with news organizations across the country. The organization covers travel costs and provides financial assistance to interns during their internships.

  • College student scholarships — The organization provides scholarships to eligible college students who participate in the internship program.

  • Early career training program — The organization selects nominated staff members with less than three years of newsroom experience to participate in online training once a week for four weeks, followed by two-day in-person sessions at the beginning and end of the program. The organization covers training and lodging costs.

The organization charges for-profit and non-profit news organizations a fee for each intern placed, with fees intended to subsidize training costs.

Grantmaking

Based on the most recent IRS Form 990 filing (2024), the Dow Jones News Fund reported total giving of $129,000. Historical grantmaking data shows the organization has made 197 grants totaling $873,000, with a median grant of $2,000 and an average award of $5,000. Individual grants have ranged up to $120,000.

Ready to take the next step with Dow Jones News Fund Inc?

Geographic Focus

Where this funder awards grants

Grantmaking is concentrated in Illinois. The organization also has funding activity in New York, West Virginia, and Oklahoma.

Grant Distribution by State

34states
+26 more states

Cities

AieaAnchorageAnn ArborAptosArlingtonAtlantaAustinAzleBaltimoreBerkelyBloomingtonBlythewoodBolingbrookBooneBostonBowling GreenBrocktonBrooklineBrooklynChapel Hill

Financial History

Multi-year comparison from IRS filings

As of 2024 (most recent filing):

  • Total Assets: $450,105
  • Total Revenue: $610,755
  • Total Expenses: $640,429
  • Total Liabilities: $0

Historical context:

  • Total assets have grown from $22,000 in 2011 to $450,105 in 2024
  • The organization is governed by 17 officers and trustees
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$218K$435K$653K$870K20202021202220232024
Metric202420232022
Total Assets$450,105$479,779$590,222
Revenue$610,755$523,619$603,075
Expenses$640,429$634,062$515,760
Qualifying Distributions$640,429$634,062$515,760
Net Investment Income
Distributable Amount$26,918

Giving Over Time

Total grant dollars and number of grants per year

$0$67K$134K$201K$268K71 grants202095 grants202113 grants202212 grants202312 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

SEE ATTACHED LIST FOR DE…$74KCOLUMBIA UNIVERSITY$10KNAT'L ASSC OF BLACK JOUR…$7KUNIVERSITY OF SOUTHERN M…$6KCALMATTERS$6KNORTHERN ARIZONA UNIVERS…$5KFLORIDA INTERNATIONAL UN…$5KHOWARD U MULTICULTURAL M…$5KWVU FOUNDATION$5KTHE FUND FOR THE CITY OF…$5K

Grant Size Distribution

137 grants across all recorded years

134<$50K2$50–100K1$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Leadership & Key People

Leadership team and compensation from IRS filings

Shirley Carswell — Executive Director

Denise Jester — Manager – Finance and Administration

Heather Taylor — Manager – Digital Media and Programs

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
BRENT JONESPRESIDENT1
DIANA MITSU KLOSSECRETARY1
PAUL SCHMIDTTREASURER1
LASHARAH BUNTINGDIRECTOR1
THOMAS ENGLEMANDIRECTOR1
GARRY D HOWARDDIRECTOR1
ALMAR LATOURDIRECTOR1
KAREN PENSIERODIRECTOR1
DR RUSTY TODDDIRECTOR1
MARIBEL PEREZ WADSWORTHDIRECTOR1
SHIRLEY CARSWELLEXECUTIVE DI40
DENISE JESTERFINANCE MANA40
HEATHER TAYLORPROGRAMMING40
DAVID CHODIRECTOR1
SUSAN LEATHDIRECTOR1
ERIC MANDRACKIEDIRECTOR1

Recent News & Activity

Recent developments and announcements

2025

**2025 Richard J. Levine Journalism Champion Award** — Veteran journalist and educator Dr. Dorothy M. Bland was named the 2025 recipient of this award.

2025

**2025 Internship Program** — The Dow Jones News Fund trained 81 college students selected to work in paid internships across 62 newsrooms around the country.

2025

**2025 Early Career Training Program** — The organization welcomed 20 journalists from around the country to its Early Career Training Program in Nashville, including 10 reporters from Gannett, along with reporters from McClatchy, the Baltimore Banner, the Maine Trust for Local News, and the Cascadia Daily News.

2026

**Summer 2026 Applications** — The organization invites college students to apply for paid summer internships in audience engagement, business reporting, data journalism, digital media, and multiplatform editing, with an application deadline of November 5.

Contact Information

Mailing Address: P.O. Box 300 Princeton, NJ 08543

Street Address: 4300 Route 1 North Monmouth Junction, NJ 08852

Phone: (609) 452-2820 Fax: (609) 520-5477 Email: djnf@dowjones.com

Related Funders

Similar funders by location and focus area

Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Dow Jones News Fund Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities