The American Independent Foundation logo

The American Independent Foundation

Public charity · Grantmaker Washington, DC EIN: 33-1137541 Website

The mission of the organization is to foster strong, independent journalism that helps create positive societal change through increased public awareness of progressive issues.

Key facts about The American Independent Foundation

In short: The American Independent Foundation gave $33.3M across 6 grants in 2024 (avg $5.6M), mostly in District of Columbia. Source: 2024 IRS Form 990.

EIN
33-1137541
Latest 990 filing
Form 990, 2024
Annual giving (2024)
$33,340,000
Grants made (2024)
6
Average grant
$5,556,667
Median grant
$5,550,000
Total assets
$13,457,553
Primary geography
District of Columbia (100% of itemized 2024 grant dollars)

Data from IRS Form 990, 2024; updated September 2026.

Financial Overview

From 2024 IRS Form 990 · View filing

Total Assets

$13.5M

+65.6% YoY

Annual Giving

$33.3M

+310.5% YoY

Grant Count

6

+0.0% YoY

Avg Grant Size

$5.6M

+310.5% YoY

How The American Independent Foundation gives

  • Giving grew 11013% from 2021 to 2024. Method

From the foundation's IRS Form 990 filings. Methodology.

About The American Independent Foundation

Based on IRS filings

The American Independent Foundation is a public charity, based in Washington, DC. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $13.5M in total assets. In 2024, it awarded 6 grants totaling $33.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

5states

Share of 2024 grant dollars across all 6 itemized grants.

Cities

WashingtonLos AngelesNew HavenNew YorkSalt Lake City

Giving Over Time

Total grant dollars and number of grants per year

$0$10M$20M$30M$40MTotal only2020 1 grant2021 1 grant2022 6 grants2023 6 grants2024

From 2020 to 2024, annual grant giving ranged from $30K (2020) to $33.3M (2024). In 2024 it made 6 grants totaling $33.3M.

Hatched bars: grants paid as reported on the IRS filing, which lists no individual grants for that year.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 6 recipients in 2024

American Independent Media: $11.2MAmerican Independent Media$11.2MDemocracy Matters: $11.0MDemocracy Matters$11.0MDemocracy Matters Foundation: $10.1MDemocracy Matters Foundation$10.1MMedia Matters Action Network: $1.0MMedia Matters Action Network$1.0MUtah Film Center: $25KUtah Film Center$25KYale University: $25KYale University$25K

The largest 2024 recipient was American Independent Media ($11.2M). Together the top 6 received $33.3M.

Grant Size Distribution

14 grants across all recorded years

2<$50K1$50–100K1$100–250K1$250–500K3$500K–1M1$1–5M5$5M+

The most common grant size was $5M or more: 5 grants of 14 (36%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
American Independent Media Washington, DCEducational Program Activities$11,190,000
Democracy Matters Washington, DCEducational Program Activities$11,000,000
Democracy Matters Foundation Washington, DCGeneral Support$10,100,000
Media Matters Action Network Washington, DCEducational Program Activities$1,000,000
Utah Film Center Salt Lake City, UTGeneral Support$25,000
Yale University New Haven, CTResearch Activities$25,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$20M$40M$60M$80M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$13,457,553$8,127,867$4,810,446
Revenue$58,642,994$18,423,509$26,134,884
Expenses$52,360,305$16,208,068$22,550,443
Net Investment Income$-66,194$730$8,501

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2022)
  3. Updated Form 990 for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2023 (received by the IRS October 29, 2024)
  5. Updated Form 990 for fiscal year 2024 (received by the IRS October 14, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Officers and directors from IRS filings

The American Independent Foundation is led by Joe Conason, President on every filing since 2023; 8 of 15 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Joe Conason

    President

    On filings since 2023

    40 hrs/week

    $18K (2023) → $101K (2024)

  • David Bennahum

    Chair

    On filings since 2020

    1 hr/week

    No compensation reported

  • Pilar Martinez

    Director & CFO

    CFO → Director, 2023

    Director → Director & CFO, 2024

    On filings since 2020

    5 hrs/week

    $11K (2020) → $60K (2024)

  • Jessica Standafer Bolles

    Digital Director

    On filings since 2023

    40 hrs/week

    $117K (2023) → $131K (2024)

  • Jill Aper

    Director

    On filings since 2020

    1 hr/week

    No compensation reported

  • Carlos Marroquin

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • David Jolly

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Nicco Mele

    Director

    On filings since 2023

    1 hr/week

    No compensation reported

  • Dhanya Addanki

    Executive Editor

    Managing Editor → Executive Editor, 2024

    On filings since 2023

    40 hrs/week

    $121K (2023) → $140K (2024)

  • Daniel J. Camacho

    Senior Editor

    New on the 2024 filing

    40 hrs/week

    $102K (2024)

  • Emily Singer

    Senior Reporter

    New on the 2024 filing

    40 hrs/week

    $108K (2024)

  • Joshua E. Israel

    Senior Writer

    New on the 2024 filing

    40 hrs/week

    $102K (2024)

  • Karen L. Freund

    Editor

    New on the 2024 filing

    40 hrs/week

    $102K (2024)

  • Ankit Desai

    Treasurer

    On filings since 2023

    1 hr/week

    No compensation reported

  • Victoria Hopper

    Secretary

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (9)
  • Former: Marissa McBride (2020–2023) — Director
  • Former: Scott Nielsen (2020–2023) — Director
  • Former: Jessica McCreight (2022–2023) — President
  • Former: Emma Roller (2023) — Deputy Managing Editor
  • Former: Matthew Cohen (2023) — Political Reporter
  • Former: Matt Fuehrmeyer (2021–2022) — President
  • Former: Bradley Beychok (2022) — Senior Advisor
  • Former: Kaili Joy Gray (2020–2021) — Executive Editor
  • Former: Angelo Carusone (2020) — Interim Executive Director

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Dhanya Addanki — Executive Editor: $140KDhanya AddankiExecutive Editor$140KJessica Standafer Bolles — Digital Director: $131KJessica Standafer BollesDigital Director$131KEmily Singer — Senior Reporter: $108KEmily SingerSenior Reporter$108KDaniel J Camacho — Senior Editor: $102KDaniel J CamachoSenior Editor$102KKaren L Freund — Editor: $102KKaren L FreundEditor$102KJoshua E Israel — Senior Writer: $102KJoshua E IsraelSenior Writer$102KJoe Conason — President: $101KJoe ConasonPresident$101KPilar Martinez — Director, CFO: $60KPilar MartinezDirector, CFO$60K

The highest reported compensation on the 2024 filing was $140K, to Dhanya Addanki (Executive Editor). 8 officers or directors reported compensation on that filing.

Frequently asked questions about The American Independent Foundation

How much does The American Independent Foundation give each year?

The American Independent Foundation gave $33.3M across 6 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $8.1M across 6 grants.

What is The American Independent Foundation's typical grant size?

The American Independent Foundation's median grant in 2024 was $5,550,000, and its average grant was $5,556,667, across 6 grants on its 2024 IRS Form 990.

Where does The American Independent Foundation give grants?

The American Independent Foundation gives mostly in District of Columbia: 100% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The most frequent recipient cities were Washington, DC (4 grants).

Does The American Independent Foundation give general operating support?

Yes: 33% of The American Independent Foundation's 2024 grants with a stated purpose (2 of 6) were for general or operating support, per its 2024 IRS Form 990. Recurring purposes include "Educational Program Activities" (3 grants).

Who are The American Independent Foundation's largest grantees?

The American Independent Foundation's largest 2024 grantees include American Independent Media ($11,190,000), Democracy Matters ($11,000,000) and Democracy Matters Foundation ($10,100,000), according to its 2024 IRS Form 990. Together they received 97% of its itemized 2024 grant dollars.

How large is The American Independent Foundation?

The American Independent Foundation reported $13.5M in total assets on its 2024 IRS Form 990. Its revenue that year was $58.6M.

What is The American Independent Foundation's EIN?

The American Independent Foundation's EIN (Employer Identification Number) is 33-1137541. IRS Form 990 filing data is available on this page for 2020–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings.

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