Financial Transparency
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Financial Documents
NEWSWELL is a 501(c)(3) nonprofit and nonpartisan news organization. NEWSWELL and its local news outlets are financially supported by a diversified business model that includes membership programs, major donations from individuals and entities, sponsorships, paid advertising and other revenue streams. Our federal tax ID number is 99-3024194.
At NEWSWELL, we believe in transparency. Here you will find our financial information as required by the Institute for Nonprofit News and federal law.
2024 NEWSWELL Form 990 Nonprofit designation letterIRS determination letter
Our Fiscal Structure
NEWSWELL is part of Arizona State University Media Enterprise, a collection of broadcast, digital, podcast and other media entities reimagining the future of news. Grants and gifts made to NEWSWELL entities will be deposited with and administered by the ASU Foundation for A New American University, a nonprofit organization that exists to support Arizona State University and its entities. Grants and gifts are subject to Foundation policies.
When individual membership donations are made online through our community newsroom donation websites, or when qualified sponsorships are provided to support reporting or events, 100% of the donation or sponsorship goes into newsroom reporting, staff and local coverage.
NEWSWELL also is an affiliate of ASU Enterprise Partners, which provides shared services and operational infrastructure and expands NEWSWELL’s capacity to focus on community‑driven journalism.
Ways To Give
Donations to NEWSWELL help ensure a future for factual, nonpartisan journalism in America’s hometowns. We’re innovating a new business model that helps local newsrooms stay local but get the services and strategy they need to thrive.
NEWSWELL is an Arizona nonprofit corporation and a tax-exempt public charity under Section 501(c)(3) of the Internal Revenue Code. Contributions are tax deductible to the extent permitted by law. Please consult with your tax adviser regarding the deductibility of your charitable contribution. No goods or services are provided in exchange for your contribution.
DONATE ONLINE
Each NEWSWELL newsroom offers a simple and secure way to give online. When you donate through these links, 100% of your contribution goes directly to the local newsroom you choose to support.
If you have questions about online giving, please email membership@asunewswell.org. You can make your secure contribution at the following sites:
MAIL A CHECK
If you would like to send a check, please mail it to the following address and add NEWSWELL— or the appropriate local newsroom — to the memo:
NEWSWELL
P.O. Box 2260
Tempe, Arizona 85280-2260
USE YOUR DONOR-ADVISED FUNDS
To recommend a grant from your donor-advised fund, please provide your sponsoring organization with the following information:
Legal Name:
ASU Foundation for a New American University
Tax ID (EIN):
86-6051042
Mailing Address:
ASU Foundation for a New American University
P.O. Box 2260
Tempe, AZ 85280-2260
For Gift Designation:
Most DAF platforms include a “purpose” or “special instructions” field. Use this to direct your gift – for example:
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- NEWSWELL
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- NEWSWELL – Chicago: To support The Wednesday Journal of Oak Park and River Forest, Forest Park Review, Austin Weekly News and Riverside-Brookfield Landmark
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- Stocktonia
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- Santa Barabara News Press
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- Times of San Diego
Gift Notification (optional but appreciated):
Many donor-advised fund grants arrive without donor contact information. To ensure we can properly acknowledge your generosity and direct your gift to the intended purpose, please notify Abby Elsener, Director of Development, when you have submitted your grant recommendation at Abby.Elsener@asufoundation.org. Abby is also a resource should your donor-advised fund sponsor require additional information.
Our Supporters
We appreciate all of our supporters for their steadfast belief in the power and promise of local journalism. Those who have given $5,000 or more to support NEWSWELL efforts:
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- Arnold Ventures
- Ben Romo, SB2024 LLC
- David C. Copley Foundation
- The Foundation for Systemic Change
- Grupe family
- The Institute for Nonprofit News
- Jason Yardi
- John S. and James L. Knight Foundation
- Mary Margaret McKenzie Charitable Fund
- Marty Weybret
- Prebys Foundation
- The San Joaquin A+
- The San Joaquin Community Foundation
- Sarah and Evan Feinberg
- Silicon Valley Community Foundation
- The William and Flora Hewlett Foundation
If you would like to support NEWSWELL and healthy local news, please contact us at info@asunewswell.org.