Foundation for Local News Inc
To promote careers in local news and news related professions, also increasing public awareness of the local news crisis
Key facts about Foundation for Local News Inc
In short: Foundation for Local News Inc gave $502K across 5 grants in 2025 (avg $100K), mostly in New Jersey. Source: 2025 IRS Form 990.
- EIN
- 99-2296406
- Latest 990 filing
- Form 990, 2025
- Annual giving (2025)
- $501,828
- Grants made (2025)
- 5
- Average grant
- $100,366
- Median grant
- $99,000
- Total assets
- $66,975
- Primary geography
- New Jersey (100% of itemized 2025 grant dollars)
Data from IRS Form 990, 2025; updated September 2026.
Financial Overview
From 2025 IRS Form 990 · View filing
Total Assets
$67K
Annual Giving
$502K
Grant Count
5
Avg Grant Size
$100K
About Foundation for Local News Inc
Based on IRS filings
Foundation for Local News Inc is a nonprofit organization, based in Pompano Beach, FL. IRS filing data is available for 2025. As of 2025, the organization holds $67K in total assets. In 2025, it awarded 5 grants totaling $502K. Net investment income was $221.
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 5 itemized 2025 grant dollars.
States
Cities
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 5 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| LNN USA HAMMONTOWN GAZETTE Hammonton, NJ | Renewal Grant to support the Hammonton Gazettes Spanish-language coverage and translations for Spanish-speaking readers, expanding access to civic information and extending these services to the Vineland Voice. | $222,528 |
| NJ URBAN NEWS Newark, NJ | 2025 Grant Renewal for New Jersey Urban News to expand reporting capacity, upgrade technological capabilities and enhance revenue-generating capacity through audience development and business operations. | $118,000 |
| VELVET MEDIA LLC Mount Royal, NJ | MENTOR AND TRAINING IN EARLY BLACK JOURNALISTS | $99,000 |
| HUDPOST LLC North Bergen, NJ | To support the placement of a student intern at HudPost as part of the New Jersey Civic Information Consortiums statewide paid internship program, providing hands-on journalism experience while contributing to local news coverage. | $52,300 |
| AVIATOR PUBLISHING Hasbrouck Heights, NJ | to implement new technological solutions through through Blue Engine Technology & Sustainability Accelerator | $10,000 |
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 |
|---|---|
| Total Assets | $66,975 |
| Revenue | $583,229 |
| Expenses | $516,875 |
| Qualifying Distributions | — |
| Net Investment Income | $221 |
| Distributable Amount | — |
Data update history
When this profile's IRS filing data changed on Grantable
- Added Form 990 for fiscal year 2025 (received by the IRS June 1, 2026)
Leadership & Key People
Officers and directors from IRS filings
Foundation for Local News Inc is led by Michael Shapiro, Chairman & Board Member on the 2025 filing; none of the 8 officers listed in 2025 report compensation.
Officers on the 2025 filing
Michael Shapiro
Chairman & Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
Brian Thompson
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Darlene Cullen
Treasurer
New on the 2025 filing
5 hrs/week
No compensation reported
Edmund M. Deveaux
Vice Chair & Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
Eric Levine
Secretary & Board Member
New on the 2025 filing
5 hrs/week
No compensation reported
Jonathan Alter
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Marie Denoia Aronsohn
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Ronald Morano
Board Member
New on the 2025 filing
2 hrs/week
No compensation reported
Data from IRS Form 990 filings, 2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Foundation for Local News Inc
How much does Foundation for Local News Inc give each year?
Foundation for Local News Inc gave $502K across 5 grants in 2025, according to its 2025 IRS Form 990.
What is Foundation for Local News Inc's typical grant size?
Foundation for Local News Inc's median grant in 2025 was $99,000, and its average grant was $100,366, across 5 grants on its 2025 IRS Form 990.
Where does Foundation for Local News Inc give grants?
Foundation for Local News Inc gives mostly in New Jersey: 100% of the grant dollars itemized on its 2025 IRS Form 990 went to recipients there.
Does Foundation for Local News Inc give general operating support?
Not in 2025: none of the 5 grants with a stated purpose on Foundation for Local News Inc's 2025 IRS Form 990 were described as general or operating support.
Who are Foundation for Local News Inc's largest grantees?
Foundation for Local News Inc's largest 2025 grantees include LNN USA Hammontown Gazette ($222,528), NJ Urban News ($118,000) and Velvet Media LLC ($99,000), according to its 2025 IRS Form 990. Together they received 88% of its itemized 2025 grant dollars.
How large is Foundation for Local News Inc?
Foundation for Local News Inc reported $67K in total assets on its 2025 IRS Form 990. Its revenue that year was $583K.
What is Foundation for Local News Inc's EIN?
Foundation for Local News Inc's EIN (Employer Identification Number) is 99-2296406. IRS Form 990 filing data is available on this page for 2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Here's the math on researching Foundation for Local News Inc by hand.
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