Gannett Foundation Inc

NEW YORK, NY EIN: 54-1568843

Gannett Foundation Inc is a corporate foundation established in 1991. The foundation is headquartered in New York City, with a registered address at 1675 Broadway, Floor 23, New York, NY 10019-7787. It is designated as a 501(c)(3) tax-exempt organization and operates as a company-sponsored foundation.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$81K

-70.2% YoY

Annual Giving

$189K

-75.2% YoY

Grant Count

360

-75.4% YoY

Avg Grant Size

$525.008

+1.1% YoY

Under IRS private-foundation payout rules, Gannett Foundation Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The foundation supports organizations involved with:

Arts and culture
Media and journalism
Education
Conservation
Health
Youth development
Human services
Diversity
Community development
Support for minorities, women, and economically disadvantaged people

Grantmaking

The foundation made 1,465 grants in 2024, with total giving of $189,003. Recent grant recipients include:

Grant Range

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in New York, California, and the District of Columbia.

Grant Distribution by State

New York $77K (27%)

South Carolina $61K (22%)

Illinois $24K (9%)

Massachusetts $17K (6%)

District of Columbia $16K (6%)

Tennessee $11K (4%)

Oklahoma $10K (4%)

Georgia $10K (4%)

+41 more states

Cities

AbileneAddisonAftonAikenAkronAlbanyAlbertsonAldieAlexandriaAllentownAlmaAlpharettaAltamontAltoonaAmericusAmesAmherstAnaheimAndersonAndover

Financial History

Multi-year comparison from IRS filings

Most Recent (2024):

Total assets: $81,232
Total revenues: $43,539
Total expenses: $72,389
Total giving: $189,003

Prior Year (2023):

Total assets: $272,000
Total revenues: $360,402
Total expenses: $890,000

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$81,232	$272,141	$805,828
Revenue	$43,539	$360,402	$3,624,565
Expenses	$72,389	$890,042	$3,458,310
Qualifying Distributions	$199,828	$890,042	$3,458,310
Net Investment Income	$8,739	$23,936	$12,333
Distributable Amount	$6,803	$20,516	$52,710

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Grant Size Distribution

250 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Aga Khan Foundation Usa ($3,000), American Near East Refugee Aid ($2,500), Beyond Trade Impact Fund ($2,500).

Recipient	Purpose	Amount
AMERICAN NEAR EAST REFUGEE AID WASHINGTON DC, DC	CHARITABLE PURPOSE	$2,500
WORLD CENTRAL KITCHEN INC WASHINGTON DC, DC	CHARITABLE PURPOSE	$1,750
9369542 - ASIAN AMER JOURNALISTS ASSOC WASHINGTON DC, DC	CHARITABLE PURPOSE	$1,000
9369549 - PFLAG NATIONAL WASHINGTON DC, DC	CHARITABLE PURPOSE	$2,000
ABBY KELLEY FOSTER HOUSE INC WORCESTER, MA	CHARITABLE PURPOSE	$100
ADIRONDACK FOUNDATION LAKE PLACID, NY	CHARITABLE PURPOSE	$150
ADVANCE COMMUNITY PHOENIX, AZ	CHARITABLE PURPOSE	$100
AGA KHAN FOUNDATION USA WASHINGTON, DC	CHARITABLE PURPOSE	$3,000
ALTERED TAILS PHOENIX, AZ	CHARITABLE PURPOSE	$150
ALZHEIMERS ASSOCIATION - CHICAGO, IL	CHARITABLE PURPOSE	$261

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
MIKE REED	PRESIDENT	0.2	—
SAMANTHA HOWLAND	CHIEF PEOPLE OFFICER	0.2	—
DOUG HORNE	CFO	0.2	—
LATOYA JOHNSON	VP, INCLUSION STRATEGY	0.2	—
MICHAEL ANASTASI	SENIOR VP, LOCAL NEWS - CONTENT	0.2	—

Recent News & Activity

Recent developments and announcements

The Gannett Foundation has maintained an active grantmaking program through its "A Community Thrives" initiative, which has announced national grant recipients and offered substantial funding opportunities to nonprofits across the United States in recent years.

USA TODAY Network and Gannett Foundation Announce 2022 \u201CA Community\

Frequently Asked Questions

What does Gannett Foundation Inc fund?

The foundation supports organizations involved with: • Arts and culture • Media and journalism • Education • Conservation • Health • Youth development • Human services • Diversity • Community development • Support for minorities, women, and economically disadvantaged people

How do I apply for a grant from Gannett Foundation Inc?

**Grant Activity:** The foundation made 1,465 grants in 2024, with total giving of $189,003. Recent grant recipients include: • YMCA of Metropolitan Detroit ($10,000) • Cloverleaf Equine Center ($10,000) • University of Hawaii Foundation ($9,000) **Grant Sizes:** Typical awards range from $2 to $170,625. **Notable Programs:** The foundation administers "A Community Thrives," a national grant program that has offered between $2 million and $2.3 million in crowdfunding and grant opportunities to …

Where does Gannett Foundation Inc make grants?

The foundation primarily funds organizations in New York, California, and the District of Columbia.

What size grants does Gannett Foundation Inc award?

In 2024, Gannett Foundation Inc awarded 360 grants totaling $189K — an average of about $525.008 per grant, based on its IRS Form 990 filings.

How much is Gannett Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gannett Foundation Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.