THE LENFEST INST FOR JOURNALISM SPE ASSET FUND OF THE PHL FOUNDATION
EIN 04-3731829 PHILADELPHIA, PA
- Revenue 2024
- $26,054,320
- Expenses 2024
- $22,756,190
Program services were 88.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
As filed
- Subsection
- 03
- NTEE code
- T12
- Classification
- 1000
- Street
- 1835 MARKET ST STE 2410
These codes are the IRS's own and are shown exactly as filed. What each one means is in the Business Master File documentation (opens in a new tab).
Officers and directors · 2024
As listed in Part VII of the 2024 return, in the order the filer printed them. Each return names its own; this is not a roster the organization keeps with us.
-
JAMES FRIEDLICH
CHIEF EXECUTIVE OFFICER - LLC
- Total calculated
- $641,574
- From this org
- $553,995
- From related orgs
- $0
- Other
- $87,579
- Hours/week
- 37
Schedule J breakdown matched by us
- Base
- $552,807
- Bonus
- $0
- Other
- $1,188
- Deferred
- $36,102
- Nontaxable benefits
- $51,477
- Filer's total
- $641,574
-
PEDRO A RAMOS
SECRETARY, PRESIDENT & CEO
- Total calculated
- $528,416
- From this org
- $0
- From related orgs
- $451,338
- Other
- $77,078
- Hours/week
- 1.2 + 37.1 related
Schedule J breakdown matched by us
- Base
- $0 + $450,564 related
- Bonus
- $0
- Other
- $0 + $774 related
- Deferred
- $0 + $47,590 related
- Nontaxable benefits
- $0 + $29,488 related
- Filer's total
- $0 + $528,416 related
-
ANNIE MADONIA
CHIEF ADVANCEMENT OFFICER - LLC
- Total calculated
- $380,822
- From this org
- $291,759
- From related orgs
- $0
- Other
- $89,063
- Hours/week
- 37
Schedule J breakdown matched by us
- Base
- $265,985
- Bonus
- $25,000
- Other
- $774
- Deferred
- $34,037
- Nontaxable benefits
- $55,026
- Filer's total
- $380,822
-
KEN HERTS
CHIEF OPERATING OFFICER - LLC
- Total calculated
- $353,121
- From this org
- $316,150
- From related orgs
- $0
- Other
- $36,971
- Hours/week
- 37
Schedule J breakdown matched by us
- Base
- $289,962
- Bonus
- $25,000
- Other
- $1,188
- Deferred
- $34,037
- Nontaxable benefits
- $2,934
- Filer's total
- $353,121
-
ORLANDO ESPOSITO
TPF CHIEF FINANCIAL OFCR TO JUN 2024
- Total calculated
- $257,597
- From this org
- $0
- From related orgs
- $200,568
- Other
- $57,029
- Hours/week
- 1 + 35.1 related
Schedule J breakdown matched by us
- Base
- $0 + $199,380 related
- Bonus
- $0
- Other
- $0 + $1,188 related
- Deferred
- $0 + $20,400 related
- Nontaxable benefits
- $0 + $36,629 related
- Filer's total
- $0 + $257,597 related
-
SHAWN MOORING
HEAD OF PHILADELPHIA PROGRAMS - LLC
- Total calculated
- $222,329
- From this org
- $173,941
- From related orgs
- $0
- Other
- $48,388
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $173,671
- Bonus
- $0
- Other
- $270
- Deferred
- $18,392
- Nontaxable benefits
- $29,996
- Filer's total
- $222,329
-
REBECCA FORMAN
HEAD OF DEVEL & DONOR RELATIONS -LLC
- Total calculated
- $217,115
- From this org
- $189,326
- From related orgs
- $0
- Other
- $27,789
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $189,159
- Bonus
- $0
- Other
- $167
- Deferred
- $19,185
- Nontaxable benefits
- $8,604
- Filer's total
- $217,115
-
KAREN CLEARY
CHIEF FINANCIAL OFFICER - LLC
- Total calculated
- $193,574
- From this org
- $145,764
- From related orgs
- $0
- Other
- $47,810
- Hours/week
- 28
Schedule J breakdown matched by us
- Base
- $145,764
- Bonus
- $0
- Other
- $0
- Deferred
- $16,157
- Nontaxable benefits
- $31,653
- Filer's total
- $193,574
-
JOSEPH LICHTERMAN
HEAD OF EDITORIAL AND COMMS - LLC
- Total calculated
- $159,265
- From this org
- $143,334
- From related orgs
- $0
- Other
- $15,931
- Hours/week
- 35
Schedule J breakdown matched by us
- Base
- $143,213
- Bonus
- $0
- Other
- $121
- Deferred
- $14,838
- Nontaxable benefits
- $1,093
- Filer's total
- $159,265
-
KAREN MORRIS
CONTROLLER - LLC
- Total calculated
- $134,499
- From this org
- $114,162
- From related orgs
- $0
- Other
- $20,337
- Hours/week
- 35
-
CHRISTINE CONTI
TPF CHIEF FINANCIAL & ADMIN OFFICER
- Total calculated
- $128,510
- From this org
- $0
- From related orgs
- $116,827
- Other
- $11,683
- Hours/week
- 1 + 35.1 related
-
JACQUELINE GALIANI
HUMAN RESOURCES MANAGER - LLC
- Total calculated
- $116,597
- From this org
- $105,029
- From related orgs
- $0
- Other
- $11,568
- Hours/week
- 35
-
LON GREENBERG
CHAIR
- Total calculated
- $0
- Hours/week
- 1 + 4.3 related
-
WILLIAM J BURKE
TREASURER
- Total calculated
- $0
- Hours/week
- 1 + 4.3 related
-
ROSALIND REMER
CHAIR - LLC
- Total calculated
- $0
- Hours/week
- 1
-
MICHAEL X DELLI CARPINI PHD
VICE CHAIR - LLC
- Total calculated
- $0
- Hours/week
- 1
-
KATE ALLISON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
HOLLY FLANAGAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
CHRISTINA MESIRES FOURNARIS
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
WILLIAM P HANKOWSKY
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
DIXIEANNE JAMES
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
ALDUSTUS AJ JORDAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
SHIRIN KARSAN
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
SHARMAIN MATLOCK-TURNER
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
-
EVELYN MCNIFF
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1 + 2.3 related
The first 25 listed. Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us. Earlier years are each on their own filing page.
Filings
-
2024
- Revenue
- $26,054,320
- Expenses
- $22,756,190
- Contributions
- $21,531,115
- Grants paid
- $15,091,490
-
2023
- Revenue
- $31,951,841
- Expenses
- $21,808,175
- Contributions
- $29,834,389
- Grants paid
- $13,810,448
-
2022
- Revenue
- $41,516,736
- Expenses
- $21,565,100
- Contributions
- $39,762,088
- Grants paid
- $15,908,568
The four totals the IRS asks for on Part I of the Form 990, as filed. A dash means the figure was not present on the return — not that it was zero.
Grants made
-
$7,847,500
2024 THE INSTITUTE IS SUPPORTING THE INQUIRERS TRANSITION FROM A TRADITIONAL PRINTED NEWSPAPER TO AN ECONOMICALLY SUSTAINABLE, PRIMARILY DIGITAL, EQUITABLE NEWS ENTERPRISE. A SERIES OF GRANTS WERE MADE TO THE INQUIRER TO FUND (A) HIGH IMPACT JOURNALISM, INCLUDING WORK BY ITS INVESTIGATIVE TEAM, SPOTLIGHT PA AND HEALTH COVERAGE AND (B) NEWS TECHNOLOGY AND PRODUCT IMPROVEMENTS, INCLUDING A GRANT FOR DIGITAL TRANSFORMATION ACCELERATION, BRAND DEVELOPMENT, TECHNOLOGY FOR AUDIENCE GROWTH, DIGITAL SUBSCRIPTION PROCESS IMPROVEMENTS, AND OTHER TECHNOLOGY SUPPORT.
-
$7,529,895
2023 THE INSTITUTE IS SUPPORTING THE INQUIRERS TRANSITION FROM A TRADITIONAL PRINTED NEWSPAPER TO AN ECONOMICALLY SUSTAINABLE, PRIMARILY DIGITAL, EQUITABLE NEWS ENTERPRISE. A SERIES OF GRANTS WERE MADE TO THE INQUIRER TO FUND (A) HIGH IMPACT JOURNALISM, INCLUDING WORK BY ITS INVESTIGATIVE TEAM, SPOTLIGHT PA AND HEALTH COVERAGE AND (B) NEWS TECHNOLOGY AND PRODUCT IMPROVEMENTS, INCLUDING A GRANT FOR DIGITAL TRANSFORMATION ACCELERATION, BRAND DEVELOPMENT, TECHNOLOGY FOR AUDIENCE GROWTH, DIGITAL SUBSCRIPTION PROCESS IMPROVEMENTS, AND OTHER TECHNOLOGY SUPPORT.
-
$7,450,070
2022 THE INSTITUTE IS SUPPORTING THE INQUIRERS TRANSITION FROM A TRADITIONAL PRINTED NEWSPAPER TO AN ECONOMICALLY SUSTAINABLE, PRIMARILY DIGITAL, EQUITABLE NEWS ENTERPRISE. A SERIES OF GRANTS WERE MADE TO THE INQUIRER TO FUND (A) HIGH IMPACT JOURNALISM, INCLUDING WORK BY ITS INVESTIGATIVE TEAM, SPOTLIGHT PA, HEALTH COVERAGE AND A SERIES ON THE FUTURE OF WORK IN PHIALDELPHIA AND (B) NEWS TECHNOLOGY AND PRODUCT IMPROVEMENTS, INCLUDING A GRANT FOR DIGITAL TRANSFORMATION ACCELERATION, MARKETING CLOUD IMPLEMENTATION, DIGITAL SUBSCRIPTION PROCESS IMPROVEMENTS, AND OTHER TECHNOLOGY SUPPORT, AND (C) THE IMPLEMENTATION OF DIVERSITY, EQUITY AND INLCUSION STRATEGIES TO ENABLE THE NEWS ORGANIZATION TO DIVERSIFY ITS LEADERSHIP AND MORE EQUITABLY COVER THE PHILADELPHIA REGION.
-
$2,866,862
2023 (S) = $2,866,861.54
-
$1,765,400
2022 (O) = $1,765,400.00
-
$1,650,000
2022 (D) = $1,650,000.00
-
$1,389,073
2022 (A) = $152,000, (I) = $1,237,073.00
-
$693,859
2022 (C) = $85,000.00, (Z) = $607,059.00, (AA) = $1,800.00
-
$510,000
2024 (O) = $10,000, (S) = $500,000
-
$500,000
2024 (G) = $500,000
The 10 largest by cash amount. The API serves every itemized grant.
Grants received
-
$270,000
2024 EDUCATION
-
$269,964
2022 PUBLIC, SOCIETAL BENEFIT
-
$250,250
2023 HUMAN SERVICES
-
AMERICAN JOURNALISM PROJECT INC
$233,500
2022 TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
-
2022 For grant recipient's exempt purposes
-
$169,500
2024 GENERAL OPERATING SUPPORT
-
$161,000
2024 Literary Arts
-
AMERICAN JOURNALISM PROJECT INC
$150,000
2024 TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
-
AMERICAN JOURNALISM PROJECT INC
$150,000
2023 TO GROW AND DIVERSIFY REVENUE AND TO ADVANCE TOWARD A SUSTAINABLE MODEL FOR LOCAL NEWS.
-
$125,000
2022 PROJECT SUPPORT
The 10 largest by cash amount. The API serves every itemized grant.
Related organizations
From Schedule R Part II, where a filer lists the tax-exempt organizations it is related to by control. It does not record shared board members or money.
Declared on its 2024 return
-
501(C)(3) · GRANTMAKING · PA
-
THE HARRY R HALLORAN JR CHARITABLE TRUST
501(C)(3) · GRANTMAKING · PA
-
THE VISIONS FUND OF THE PHILADELPHIA FOUNDATION
501(C)(3) · SUPPORT THE PHILADELPHIA FOUNDATION · DE
-
501(C)(3) · SUPPORT THE PHILADELPHIA FOUNDATION · PA
Declared as related by
-
THE VISIONS FUND AT THE PHILADELPHIA FOUNDATION
On its 2024 return
-
THE HARRY HALLORAN JR CHARITABLE TRUST
On its 2024 return
-
On its 2024 return as a controlled entity
Taxable family
From Schedule R Parts I, III and IV: entities that legally are the filer, and taxable partnerships, corporations and trusts it is related to. These record ownership and control, not shared board members or money.
Disregarded entities on its 2024 return
-
THE LENFEST INSTITUTE FOR JOURNALISM LLC
FOSTERS INNOVATION TO SUSTAIN INDEPENDENT JOURNALISM · PA · income $26,054,320 · assets $133,928,628
Related corporations and trusts on its 2024 return
-
C · NEWS MEDIA PRODUCTION · DE · 99.99% owned · share of income $96,645,031 · share of assets $74,005,096 · controlled entity
Other IRS files
Auto-Revocation List
Not listed. The IRS publishes this list for organizations whose exemption was automatically revoked for failing to file for three consecutive years.
Publication 78
Listed as of 10 September 2026, under deductibility SO.
These are two separate IRS files on two separate schedules, shown as published and not reconciled with each other. Neither is a statement about whether a contribution is deductible today: 19,245 organizations appear in Publication 78 while the IRS's own revocation file lists them as currently revoked, more than half of those revoked before 2019. Absence from Publication 78 is evidence of nothing, and presence is not evidence either. Verify current status with the IRS before relying on it.
What this page reflects
The IRS Business Master File ingested 5 October 2026, which is when the registration facts above were last refreshed for every organization. Returns through tax year 2024, the newest we have parsed for this organization.