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The Poynter Institute: International Fact Checking Network
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Comparative Income Statement: 2023-2025
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INCOME
CY 2023 (1/1-12/31)
CY 2024 (1/1 -12/31)
CY 2025 (1/1 -12/31)
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Grants and Contributions
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Program NameFunder
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IFCN General DonationBank of America Donor Advised Fund $ 100,000.00 $ - $ -
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IFCN Mental HealthMeta $ - $ - $ 50,171.00
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Global Fact Check FundGoogle $ 573,033.00 $ 4,425,222.49 $ 4,325,745.00
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Multiple initiativesGoogle News Initiative $ 573,546.00 $ 76,454.00
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IFCN Business ContinuityMeta $ - $ - $ 261,000.00
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APAC TrainingMeta $ 95,000.00 $ 36,000.00 $ 19,000.00
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Climate Misinformation GrantMeta $ 475,000.00 $ 100,000.00
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Legal Support FundMeta $ - $ - $ 18,964.00
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Global Mentorship ProgramMeta $ 295,000.00 $ -
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Global FactMultiple organizations $ 155,000.00 $ 432,803.00 $ 132,458.00
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Multiple initiativesNational Endowment for Democracy $ 144,813.00 $ 172,120.00 $ 136,676.00
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Journalism Trust InitiativeThomson Foundation $ 19,000.00 $ 35,400.00
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Coronavirus Alliance Support Programs (Spread the Facts)WhatsApp $ 50,000.00 $ 516,425.00
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Fact-Checking Development GrantYouTube via Google News Initiative $ - $ -
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Multiple initiativesLuminate Group / Omidyar Network $ - $ -
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Other Donations $ 500.00 $ 1,250.00 $ 15,000.00
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Other Training Partnerships $ - $ - $ 218,000.00
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Total Grants and Contributions Income $ 2,480,892.00 $ 5,795,674.49 $ 5,177,014.00
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Other Income
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Code of Principles Applications $ 44,855.00 $ 28,081.00 $ 22,054.25
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Global Fact Ticket Sales $ - $ - $ 47,185.53
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Total Other Income $ 44,855.00 $ 28,081.00 $ 69,239.78
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Total INCOME $ 2,525,747.00 $ 5,823,755.49 $ 5,246,253.78
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EXPENSES
CY 2023 (1/1-12/31)
CY 2024 (1/1 -12/31)
CY 2025 (1/1 -12/31)
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Staff Costs
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Salaries $ 609,210.96 $ 724,304.19 $ 834,450.92
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Benefits $ 128,652.09 $ 151,995.72 $ 115,585.77
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Recruitment & Relocation $ 2,140.75 $ - $ -
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Staff Travel $ 91,606.81 $ 91,788.25 $ 54,340.71
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Total Staff Costs $ 831,610.61 $ 968,088.15 $ 1,004,377.40
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Guest Faculty Costs
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Adjunct & Guest Faculty Fees $ 3,000.00 $ 4,000.00 $ 26,000.00
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Guest Faculty Travel $ 42,061.99 $ 35,006.96 $ -
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Total Guest Faculty Costs $ 45,061.99 $ 39,006.96 $ 26,000.00
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Professional Fees
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Professional Fees $ 13,365.75 $ 44,760.00 $ 33,825.00
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Legal, Accounting, and HR Fees $ 52,277.44 $ 36,668.97 $ 7,565.57
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Code of Principles Assessments $ 55,250.00 $ 74,950.00 $ 44,850.00
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Other Professional Fees $ 19,605.00 $ 6,000.00 $ 40,228.00
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Total Professional Fees $ 140,498.19 $ 162,378.97 $ 126,468.57
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Program Operations & Other Expenses
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Grant Making $ 908,072.23 $ 4,531,295.95 $ 4,026,155.65
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Program Expenses $ 167,404.00 $ 60,134.07 $ 42,841.61
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Participant Travel $ 143,115.13 $ 26,731.22 $ 37,184.63
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Supplies $ 4,510.74 $ 349.00 $ 15,439.06
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Facilities Maintenance and Utilities $ 4,027.20 $ 2,437.05 $ 10,000.00
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Equipment Maintenance and Software $ 120,895.59 $ 59,685.89 $ 24,983.00
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Other Expenses $ 43,771.78 $ 55,009.90 $ 388.75
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Total Program Operations & Other Expenses $ 1,391,796.67 $ 4,735,643.08 $ 4,156,992.70
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Total EXPENSES $ 2,408,967.46 $ 5,905,117.16 $ 5,313,838.67
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NET CONTRIBUTION $ 116,779.54 $ (81,361.67) $ (67,584.89)
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Annual Grants by Program202320242025
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IFCN Crowdfunding Match $ 28,226.00 $ - $ -
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Global Mentorship Program $ 50,000.00 $ 50,000.00 $ -
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Climate Misinformation Grant $ 275,000.00 $ 90,000.00 $ -
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Spread the Facts Grant $ - $ 300,000.00 $ -
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African Fact-Checking Award $ 15,000.00 $ - $ -
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Global Fact Award $ - $ - $ 15,000.00
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Global Fact Check Fund $ 437,500.00 $ 4,010,755.35 $ 3,750,000.00
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Legal Fund $ 73,546.23 $ 67,540.60 $ 14,155.65
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IFCN $ 28,800.00 $ 13,000.00 $ -
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IFCN Mental Health $ - $ - $ 25,000.00
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IFCN Canada $ - $ - $ 42,000.00
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IFCN Business Continuity $ - $ - $ 180,000.00
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Annual Grants by Recipient202320242025
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"Medianet" Int'l Centre for Journalism PF $ 12,500.00 $ 12,500.00 $ -
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ABS-CBN Corporation $ - $ 12,500.00 $ -
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Action for Democratic Society $ - $ 25,000.00 $ 30,000.00
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Africa Check $ 15,000.00 $ 25,000.00 $ 25,000.00
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Agence France-Presse [AFP] $ - $ 100,000.00 $ -
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Agencia De Jornalismo E Checagem Lupa S/A
$ 25,235.00 $ 32,500.00 $ 25,000.00
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Agencia EFE, S.A.U., S.M.E. $ - $ - $ 100,000.00
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Akhbarmeter Media Observartory $ - $ 12,500.00 $ 12,500.00
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Asian Network of News & Information Educators LTD
$ - $ - $ 100,000.00
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ASL 19 Inc. $ - $ - $ 100,000.00
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Aos Fatos $ 5,965.00 $ 80,172.00 $ 37,695.00
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Asociacion Civil Medianalisis $ - $ 25,000.00 $ -
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Asociacion Consejo De Redaccion [ColombiaCheck]
$ - $ 100,000.00 $ -
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Asociacion Convoca $ 10,000.00 $ - $ -
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Asociacion de Periodismo De Investigacion Ojo Publico
$ - $ 50,000.00 $ -
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Asociacion Ocote $ - $ 12,500.00 $ 12,500.00
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Asociatia Funki Citizens $ 47,500.00 $ - $ -
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Associació Verificat $ 57,500.00 $ 25,000.00 $ 25,000.00