Public Charity

FRANKLIN NEWS FOUNDATION

FRANKLIN NEWS FOUNDATION, of CHICAGO, IL, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $7.2M in revenue, $6.0M in expenses, $1.8M in total assets. 53 publicly reported grants to this organization, totaling roughly $11.7M, appear in IRS filings.

EIN: 264066298 CHICAGO, IL Education N.E.C. NTEE: B99 Latest filing: 2025
Total Revenue$7.2M
Total Expenses$6.0M
Total Assets$1.8M
Grant Records53
Funding Total$11.7M
Filing Years2020–2025

Mission

THE MISSION OF FRANKLIN NEWS FOUNDATION IS TO PROMOTE SOCIAL WELFARE AND CIVIL BETTERMENT BY UNDERTAKING PROGRAMS THAT PROMOTE JOURNALISM AND THE EDUCATION OF THE PUBLIC ABOUT CORRUPTION, INCOMPETENCE, FRAUD OR TAXPAYER ABUSE BY ELECTED OFFICIALS AT ALL LEVELS OF GOVERNMENT.

Where $100 goes at Franklin News Foundation

How Franklin News Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 8 years.

$81 Programs the work itself
$10 Management running the organization
$9 Fundraising raising the next dollar

Inside the $81 for programs

$81
The center square newswire service
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

SECRETARY/TREASURER Bradley Walton
CEO Christopher Krug
CHIEF CONTENT OFFICER Daniel Mccaleb
DIRECTOR Eric Sucharski
DIRECTOR Jennifer Stefano
VICE PRESIDENT OF SYNDICAT Jerry Lyles

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$6,772,175 36 grants
Research & Policy
$2,065,667 5 grants
Education
$863,585 6 grants
Unspecified
$2,047,140 6 grants

Financial Trends

Year Revenue Expenses Assets
2025 $7.2M $6.0M $1.8M
2024 $5.8M $5.4M $650K
2023 $4.8M $5.3M $901K
2022 $4.8M $4.7M $971K
2020 $2.7M $2.7M $901K

Between 2020 and 2025, reported annual revenue grew from $2.7M to $7.2M (+163%), with total assets most recently reported at $1.8M.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for FRANKLIN NEWS FOUNDATION

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