Form990-PF


Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
DOW JONES NEWS FUND INC
 
Number and street (or P.O. box number if mail is not delivered to street address)PO BOX 300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PRINCETON, NJ085430300
A Employer identification number

13-6021439
B Telephone number (see instructions)

(609) 627-1953
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$502,907J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 467,359
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 5,234 0 0
12 Total. Add lines 1 through 11........ 472,593 0 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 18,824 0 0 0
c Other professional fees (attach schedule).... Click to see attachment 540 0 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 147 0 0 0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 126,052 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 145,563 0 0 0
25 Contributions, gifts, grants paid....... 242,187 242,187
26 Total expenses and disbursements. Add lines 24 and 25 387,750 0 0 242,187
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 84,843
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 418,064 502,907 502,907
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 418,064 502,907 502,907
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 65,154 162,228
25 Net assets with donor restrictions............ 352,910 340,679
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 418,064 502,907
30 Total liabilities and net assets/fund balances (see instructions). 418,064 502,907
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
418,064
2
Enter amount from Part I, line 27a .....................
2
84,843
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
502,907
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
502,907
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 108
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 108
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 108
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet108 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNJ, DE, NY, CA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .Click to see attachment
    8b
     
    No
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.DOWJONESNEWSFUND.ORG
    14
    The books are in care ofbulletTHE ORGANIZATION Telephone no.bullet (609) 627-1953

    Located atbullet4300 RTE 1 NORTHMONMOUTH JUNCTIONNJ ZIP+4bullet08852
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RICHARD J LEVINE DIRECTOR
    1.00     		0 0 0
    108 PARKSIDE DRIVE
    PRINCETON,NJ08540
    GAIL GRIFFIN DIRECTOR
    1.00     		0 0 0
    903 GREENLEIGH ROAD
    BALTIMORE,MD21212
    THOMAS E ENGLEMAN DIRECTOR
    1.00     		0 0 0
    284 WESTMINSTER LANE
    SOUDERTON,PA18964
    LAURENCE G O'DONNELL DIRECTOR
    1.00     		0 0 0
    396 FOREST AVE APT 1234
    PARAMUS,NJ07652
    DR RUSTY TODD DIRECTOR
    1.00     		0 0 0
    2704 BENBROOK DRIVE
    AUSTIN,TX78757
    DR REGINALD OWENS DIRECTOR
    1.00     		0 0 0
    PO BOX 1163
    GRAMBLING,LA71245
    ANNA SEDGLEY DIRECTOR
    1.00     		0 0 0
    5 LEWIS CUBITT WALK
    LONDON,LONDON  
    UK
    DIANA MITSU KLOS SECRETARY
    2.00     		0 0 0
    45425 PERSIMMON LANE
    STERLING,VA20165
    GARRY D HOWARD DIRECTOR
    1.00     		0 0 0
    12517 TANNERS COURT
    CHARLOTTE,NC28262
    PAUL SCHMIDT TREASURER
    2.00     		0 0 0
    412 BARRACK HILL ROAD
    RIDGEFIELD,CT06877
    DENISE JESTER FINANCE MANAGER
    40.00     		0 0 0
    321 FOUNTAYNE LANE
    LAWRENCEVILLE,NJ08648
    LASHARAH S BUNTING DIRECTOR
    1.00     		0 0 0
    1111 BRICKELL BAY DRIVE
    MIAMI,FL33131
    KAREN MILLER PENSIERO DIRECTOR
    1.00     		0 0 0
    10 CAMBRIDGE ROAD
    VERONA,NJ07044
    BRENT W JONES PRESDIENT
    13.00     		0 0 0
    440 WEST 34TH ST 9H
    NEW YORK,NY10001
    SHIRLEY CARSWELL EXECUTIVE DIRECTOER
    40.00     		0 0 0
    6300 RIDGE RUN CT
    GLENN DALE,MD20769
    HEATHER TAYLOR PROGRAMMING MANAGER
    40.00     		0 0 0
    108 PARKER ROAD SOUTH
    PLAINSBORO,NJ08536
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1 A WEBSITE DEDICATED TO PROVIDNG JOURNALISM CAREER INFORMATION. 0
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    358,029
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    358,029
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    358,029
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    5,370
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    352,659
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    17,633
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    17,633
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
     
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    0
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    17,633
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    17,633
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    17,633
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 17,633
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 437,433
    b From 2017...... 388,773
    c From 2018...... 393,193
    d From 2019...... 512,760
    e From 2020...... 253,083
    f Total of lines 3a through e ........ 1,985,242
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 242,187
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 17,633
    e Remaining amount distributed out of corpus 224,554
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,209,796
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		437,433
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		1,772,363
    10 Analysis of line 9:
    a Excess from 2017.... 388,773
    b Excess from 2018.... 393,193
    c Excess from 2019.... 512,760
    d Excess from 2020.... 253,083
    e Excess from 2021.... 224,554
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ARIZONA STATE UNIVERSITY
    555 N CENTRAL AVE
    PHOENIX,AZ85004     		N/A EDUCATIONAL INSTITUT INTERNSHIP RESIDENCY PROGRAM 12,435
    INVESTIGATIVE REPORTERS & EDITORS
    141 NEFF ANNEX
    COLUMBIA,MO65211     		N/A EDUCATIONAL INSTITUT INTERNSHIP RESIDENCY PROGRAM 21,560
    TEMPLE UNIVERSITY RESIDENCY
    116 RICES MILL ROAD
    WYNCOTE,PA19095     		NA EDUCATIONAL INSTITUT INTERNSHIP RESIDEMCY PROGRAMINTERNSHIP RESIDENCY PROGRAM 12,100
    EMILY ISAACMAN
    809 N WOODLAWN AVENUE
    BLOOMINGTON,IN47408     		NONE N/A COLLEGE SCHOLARSHIP-STOP PAYMENT -1,500
    EMILY WOLF
    4807 ALPINE RIDGE DRIVE
    COLUMBIA,MO65202     		NONE N/A COLLEGE SCHOLARSHIP-STOP PAYMENT -1,500
    HEATHER SCHLITZ
    2348 WOODLAWN ROAD
    NORTHBROOK,IL60062     		NONE N/A COLLEGE SCHOLARSHIP-STOP PAYMENT -1,500
    MADELINE SIMPSON
    180 CLAREMONT AVENUE
    NEW YORK,NY10027     		NONE N/A COLLEGE SCHOLARSHIP-STOP PAYMENT -1,500
    SAMUEL TRILLING
    820 WASHINGTON CROSSING ROAD
    NEWTOWN,PA18940     		NONE N/A COLLEGE SCHOLARSHIP-STOP PAYMENT -1,500
    TIFFANY BUI
    9555 JUNEAU LANE N
    MAPLE GROVE,MN55369     		NONE N/A COLLEGE SCHOLARSHIP-STOP PAYMENT -1,500
    UNIVERSITY OF TEXAS AT AUSTIN
    BMC 3338 A 1000
    AUSTIN,TX78712     		N/A EDUCATIONAL INSTITUT INTERNSHIP RESIDENCY PROGRAM 19,275
    TEMPLE UNIVERSITY RESIDENCY
    116 RICES MILL ROAD
    WYNCOTE,PA19095     		N/A EDUCATIONAL INSTITUT INTERNSHIP RESIDENCY PROGRAM 6,200
    THE KING'S COLLEGE
    56 BROADWAY
    NEW YORK,NY10004     		N/A EDUCATIONAL INSTITUT INTERNSHP[ RESIDENCY PROGRAM 41,747
    NATIONAL ASSOCIATION OF BLACK JOURNALIST
    1100 KNIGHT HALL
    COLLEGE PARK,MD20742     		N/A EDUCATIONAL INSTITUT DONATION 2,500
    ASIAN AMERICAN JOURNALISTS ASSN
    228 VALLEY GLEN LANE
    MARTINEZ,CA94553     		NONE EDUCATIONAL INSTITUT DONATION 2,500
    NATIONAL ASSOCIATION OF HISPANIC JOURNALISM
    1050 CONNECTICUT AVENUE NW
    WASHINGTON,DC20036     		NONE EDUCATIONAL INSTITUT DONATION 2,500
    SAMUEL L ADAMS EMERGING VOICES IN JOURNALISM
    PO BOX 928
    LAWRENCE,KS66044     		NONE EDUCATIONAL INSTITUT DONATION 15,000
    SIGMA DELTA CHI FOUNDATION
    3909 MERIDAN ST
    INDIANAPOLIS,IN46208     		NONE EDUCATIONAL INSTITUT DONATION 2,500
    NATIVE AMERICAN JOURNALIST ASSOC
    395 W LINDSEY ST
    NORMAN,OK73019     		NONE EDUCATIONAL INSTITUT DONATION 1,500
    NATIONAL LESBIAN & GAY JOURNALIST ASSOC
    2120 L STREET NW
    WASHINGTON,DC20037     		NONE EDUCATIONAL INSTITUT DONATION 1,500
    IDA B WELLS SOCIETY FOR INVESTIGATIVE REPORTING
    CARROLL HALL CAMPUS BOX 3365
    CHAPEL HILL,NC27599     		NONE EDUCATIONAL INSTITUT DONATION 2,500
    MAYNARD INSTITUTE
    1400 65TH ST
    EMERYVILLE,CA94608     		NONE EDUCATIONAL INSTITUT DONATION 2,500
    STUDENT PRESS LAW CENTER
    1608 RHODE ISLAND AVE NW
    WASHINGTON,DC20036     		NONE EDUCATIONAL INSTITUT DONATION 2,000
    NEXT GENERATION RADIO
    1111 NORTH CAPITOL ST NE
    WASHINGTON,DC20002     		NONE EDUCATIONAL INSTITUT DONATION 2,000
    JANEA WILSON
    1575 DEWEY AVE
    EVANSTON,IL60201     		NONE N/A REIMBURSE SUPPLIES 153
    MARIANA LABBATE
    133 W 82ND ST
    NEW YORK,NY10024     		NONE N/A REIMBURSE SUPPLIES 100
    JASMINE FRANKLIN
    18621 LEXINGTON AVE
    HOMEWOOD,IL60430     		NONE N/A REIMBURSE SUPPLIES 130
    PAIGE BARNES
    5 N WABASH AVE
    CHICAGO,IL60602     		NONE N/A REIMBURSE SUPPLIES 27
    JANEA WILSON
    1575 DEWEY AVE
    EVANSTON,IL60201     		NONE N/A REIMBURSE SUPPLIES 119
    MARIANA LABBATE
    133 W 82ND ST
    NEW YORK,NY10024     		NONE N/A REIMBURSE SUPPLIES 20
    JOSHUA KIM
    3632 BREITWUESER LANE
    NAPERVILLE,IL60564     		NONE N/A RENT/LIVING COST FOR SUMMER 2,000
    LAUREL DEPPEN
    1802 SPRINGHILL CT
    LOUISVILLE,KY40223     		NONE N/A RENT COST FOR SUMMER 2,000
    CDW DIRECT LLC-HANNAH GREEN
    PO BOX 75723
    CHICAGO,IL60675     		NONE N/A REIMBURSE SUPPLIES 1,587
    ELLA FELDMAN
    2110 RIO GRANDE ST
    AUSTIN,TX78705     		NONE N/A RENT COST FOR SUMMER 750
    JANAT BATRA
    708 SPRING ST NW
    ATLANTA,GA30308     		NONE N/A REIMBURSE SUPPLIES 2,000
    CDW DIRECT LLC-JASMINE FRANKLIN
    PO BOX 75723
    CHICAGO,IL60675     		NONE N/A REIMBURSE SUPPLIES 125
    MARG AT BROOKHAVEN-RODERICK DIAMOND
    133 LINCOLN CT AVE NE
    ATLANTA,GA30329     		NONE N/A RENT COST 1,691
    JIN NI
    529 G ST SOUTHEAST
    WASHINGTON,DC20003     		NONE N/A REIMBURSE SUPPLIES 91
    ELLA FELDMAN
    2110 RIO GRANDE ST
    AUSTIN,TX78705     		NONE N/A RENT COST FOR SUMMER 750
    JASMINE FRANKLIN
    18621 LEXINGTON AVE
    HOMEWOOD,IL60430     		NONE N/A REIMBURSE SUPPLIES 133
    SHIP SMART INC-DJ SHAW
    783 RIO DEL MAR BLVD
    APTOS,CA95003     		NONE N/A SHIPPING PACKAGES FOR MOVE 1,981
    ISAIAH PETERS
    10600 BLOOMFIELD DR
    ORLANDO,FL32825     		NONE N/A REIMBURSE SUPPLIES 288
    JIN NI
    507 BORDEN RD
    LEXINGTON,VA24450     		NONE N/A REIMBURSE SUPPLIES 165
    RODERICK DIAMOND
    6782 POPPY HILL LANE
    CHARLOTTE,NC28226     		NONE N/A REIMBURSE SUPPLIES 260
    MOLLY WEISNER
    5915 LEGACY CIRCLE
    CHARLOTTE,NC28277     		NONE N/A COLLEGE SCHOLARSHIP 1,500
    JILLIAN ATELSEK
    12102 RENNER ROAD
    KEYMAR,MD21757     		NONE N/A COLLEGE SCHOLARSHIP 1,000
    JIN FENG
    129 2ND AVE
    NEW YORK,NY10003     		NONE N/A COLLEGE SCHOLARSHIP 1,500
    JORDAN BROWN
    69298 DONACHIE ROAD
    BALTIMORE,MD21239     		NONE N/A COLLEGE SCHOLARSHIP 1,500
    ASHLEE GRATZINGER
    1805 LARKINS WAY
    PITTSBURGH,PA15203     		NONE NA COLLEGE SCHOLARSHIP 1,500
    KAYLA GUILLIAMS
    9 AUDLEY LANE
    CHAPEL HILL,NC27517     		NONE NA COLLEGE SCHOLARSHIP 1,500
    MARY HENNIGAN
    1809 N POINTER LANE
    FAYETTEVILLE,AR72701     		NONE NA COLLEGE SCHOLARSHIP 1,500
    RACHEL HUNT
    10 FRATERNITY ROW
    COLLEGE PARK,MD20740     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JOSHUA KIM
    3632 BREITWUESER LANE
    NAPERVILLE,IL60564     		NONE NA COLLEGE SCHOLARSHIP 1,500
    KAYLEE PIPPINS
    405 WINDJAMMER LN
    AZLE,TX76020     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JONAS DOMINGUEZ
    1521 THOMAS AVE W
    ST PAUL,MN55104     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ALEXANDER HARRING
    420 ROLAND ROAD
    GROSSE POIMTE FARMS,MI48236     		NONE NA COLLEGE SCHOLAESHIP 1,500
    ZOE PIERCE
    336 MOUNTAIN ROAD
    WEST HARTFORD,CT06107     		NONE NA COLLEGE SCHOLARSHIP 1,500
    MARISSA GARCIA
    190 PLEASANT GROVE ROAD
    ITHACA,NY14850     		NONE NA COLLEGE SCHOLARSHIP 1,500
    MARISSA PIESCIA
    6 CRESTVIEW LN
    LAKE BARRINGTON,IL60010     		NONE NA COLLEGE SCHOLARSHIP 1,500
    HANNAH GREEN
    79 BROOK ST
    BROOKLINE,MA02445     		NONE NA COLLEGE SCHOLARSHIPCOLLEGE SCHOLARSHIP 1,500
    KRYSTAL HUR
    2420 WESTBROOKE CIRCLE N
    ANN ARBOR,MI48105     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JADA HOFFMAN
    6557 UNIVERSITY AVE
    CHICAGO,IL60637     		NONE NA COLLEGE SCHOLARSHIP 1,500
    EMILY EDDINS
    4520 CR 032
    JASPER,TX75951     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JENNIFER KWON
    1932 HEARST AVE
    BERKELY,CA94709     		NONE NA COLLEGE SCHOLARSHIP 1,500
    GABRIELLA RUIZ
    6515 OCEAN DR
    CORPUS CHRISTI,TX78412     		NONE NA COLLEGE SCHOLARSHIP 1,500
    LUCY PETERSON
    927 LOUISIANA ST
    LAWRENCE,KS66044     		NONE NA COLLEGE SCHOLARSHIP 1,500
    CLAEIGH BARTASH
    2954 NORTHAMPTON ST NW
    WASHINGTON,DC20015     		NONE NA COLLEGE SCHOLARSHIP 1,500
    RODERICK DIAMOND
    6782 POPPY HILL LANE
    CHARLOTTE,NC28226     		NONE NA COLLEGE SCHOLARSHIP 1,500
    DYRIKE SHAW
    50 MAC DONOUGH ST
    BROOKLYN,NY11216     		NONE NA COLLEGE SCHOLARSHIP 1,500
    TAYLOR WASHINGTON
    77 PAIMETTO PALM COURT
    BLYTHEWOOD,SC29016     		NONE NA COLLEGE SCHOLARSHIP 1,500
    DONNA EDWARDS
    2005 OAKHOLLOW DR
    NORMAN,OK73071     		NONE NA COLLEGE SCHOLARSHIP 1,500
    AVA KIAN
    3817 BEARD AVE S
    MINNEAPOLIS,MN55410     		NONE NA COLLEGE SCHOLARSHIP 1,500
    SLONE TERRANELLA
    130 NORTH HAAVEN ST
    NOVI,MI48377     		NONE NA COLLEGE SCHOLARSHIP 1,500
    NATALIA JARAMILLO
    10670 BANNAN ST
    ORLANDO,FL32832     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ERIN BURNETT
    12 DEERSTREAM CT
    OWINGS MILL,MD21117     		NONE NA COLLEGE SCHOLARSHIP 1,500
    CHRISTINE SANCHEZ
    1913 JUAREZ AVE
    ZAPATA,TX78076     		NONE NA COLLEGE SCHOLARSHIP 1,500
    LAUREL DEPPEN
    1802 SPRINGHILL CT
    LOUISVILLE,KY40223     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JANAT BATRA
    5351 MEDLOCK CORNERS DR
    NORCROSS,GA30092     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ALICIA DIAZ
    1000 LAKE SHORE PLAZA
    CHICAGO,IL60611     		NONE NA COLLEGE ACHOLARSHIP 1,500
    JULIA INGRAM
    225 RECTOR PLACE
    NEW YORK,NY10280     		NONE NA COLLEGE SCHOLARSHIP 1,500
    CAM RODRIGUEZ
    785 HARTFORD LANE
    BOLINGBROOK,IL60440     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ANITA RAMASWAMY
    336 E 55TH ST
    NEW YORK,NY10022     		NONE NA COLLEGE SCHOLARSHIP 1,500
    LILLY CHANDLER
    1009 KIMBRO ST
    TAYLOR,TX76574     		NONE NA COLLEGE SCHOLARSHIP 1,500
    RINA TOECHINSKY
    5 MARIGOLD COURT
    SILVER SPRING,MD20906     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ETHAN WU
    2331 PEZ VELA PL
    GOLD RIVER,CA95670     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JIN NI
    507 BORDEN ROAD
    LEXINGTON,VA24450     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JAMES DUFFY
    18853 SIERRA MADRE AVE
    GLENDORA,CA91741     		NONE NA COLLEGE SCHOLARSHIP 1,500
    EMMA DOOLING
    110 S WILLIAM ST
    COLUMBIA,SC29201     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JEMMA STEPHENSON
    833 PRISCILLA LANE
    CHESAPEAKE,VA23322     		NONE NA COLLEGE SCHOLARSHIP 1,500
    LYDIA YOU
    3490 FIRST CAMPUS CENTER
    PRINCETON,NJ08544     		NONE NA COLLEGE SCHOLARSHIP 1,500
    CHERYN HONG
    431 SUMARK WAY
    ANN ARBOR,MI48103     		NONE NA COLLEGE SCHOLARSHIP 1,500
    LAURYN AZU
    135 WEST GILMAN
    MADISON,WI53703     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ALIYAH WALKER
    27 MAGNOLIA AVE
    NORWALK,CT06850     		NONE NA COLLEGE SCHOLARSHIP 1,500
    HECTOR GARCIA DE LEON
    342 ISLAND VIEW CIRCLE
    ORANGE PARK,FL32073     		NONE NA COLLEGE SCHOLARSHIP 1,500
    MEGAN MENCHACA
    8200 PACIFIC ST
    FRISCO,TX75035     		NONE NA COLLEGE SCHOLARSHIP 1,500
    KORIE DEAN
    PO BOX 119
    EFLAND,NC27243     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ABIGAIL RUSS
    14978 DUFIEF DRIVE
    NORTH POTOMAC,MD20878     		NONE NA COLLEGE SCHOLARSHIP 1,500
    KATHERINE VAN DYKE
    5415 N HOLLYWOOD AVE
    MILWAUKEE,WI53217     		NONE NA COLLEGE SCHOLARSHIP 1,500
    ELLEN HINE
    3719 WYOMING ST
    KANSAS CITY,MO64111     		NONE NA COLLEGE SCHOLARSHIP 1,500
    SABRINA PASCUA
    1725 OXFORD ST
    BERKELY,CA94709     		NONE NA COLLEGE SCHOLARSHIP 1,500
    PETER BUFFO
    3106 D 14TH ST
    TACOMA,WA98405     		NONE NA COLLEGE SCHOLARSHIP 1,500
    JASON SANCHEZ
    11514 POTTER STREET
    NORWALK,CA90650     		NONE NA COLLEGE SCHOLARSHIP 1,500
    Total .................................bullet 3a 242,187
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aBOOK ROYALTIES     		  5,234 15    
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 5,234 0 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,234
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    DOW JONES NEWS FUND INC
     
    Employer identification number

    13-6021439
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    DOW JONES NEWS FUND INC
          		Employer identification number
    13-6021439
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    AMERICAN CITY BUSINESS JOURNALS
     
    120 WEST MOREHEAD ST STE 400
     
    CHARLOTTE, NC28202

    		$ 17,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    DOW JONES FOUNDATION
     
    PO BOX 300
     
    PRINCETON, NJ08543

    		$ 340,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    ROBERT WOOD JOHNSON FOUNDATION
     
    50 COLLEGE ROAD EAST
     
    PRINCETON, NJ08540

    		$ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    GANNETT
     
    PO BOX 750
     
    FISHERS, IN46088

    		$ 6,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    DOW JONES NEWS FUND INC
          		Employer identification number

    13-6021439
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    DOW JONES NEWS FUND INC
          		Employer identification number

    13-6021439
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDITING & ACCOUNTING SERVICES 18,824 0 0 0

    TY 2021 ExplnOfNonFilingWithAGStmt
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Statement:
    STATE OF DELAWARE DOESN'T HAVE A FILING REQUIREMENT.

    TY 2021 OtherExpensesSchedule
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISC EXPENSES 857 0 0 0
    POSTAGE 245 0 0 0
    BANK AND CREDIT CARD FEES 4,988 0 0 0
    HIGH SCHOOL PROGRAMS OPERATING COSTS 76,947 0 0 0
    COLLEGE PROGRAM OPERATING COST 43,015 0 0 0


    TY 2021 OtherIncomeSchedule2
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BOOK ROYALTIES 5,234   0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DOW JONES NEWS FUND INC
    EIN:
    13-6021439
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EDUCATIONAL CONSULTING 540 0 0 0