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The Poynter Institute: International Fact Checking Network
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Comparative Income Statement: 2022-2024
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INCOME
CY 2022 (1/1-12/31)
CY 2023 (1/1-12/31)
CY 2024 (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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Fact-Checking Training for Thai Journalists
The U.S. Embassy in Bangkok, Thailand
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Global Fact Check FundGoogle $ 573,033.00 $ 4,425,222.49
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Multiple initiativesGoogle News Initiative $ 225,000.00 $ 573,546.00 $ 76,454.00
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Global Fact-Checking Training ProgramInstitute for War and Peace Reporting $ 523,465.00
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APAC TrainingMeta $ 95,000.00 $ 36,000.00
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Climate Misinformation GrantMeta $ 400,000.00 $ 475,000.00 $ 100,000.00
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Communications Support GrantMeta $ 360,000.00 $ - $ -
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Global Mentorship ProgramMeta $ 385,000.00 $ 295,000.00 $ -
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Global FactMultiple organizations $ 211,560.00 $ 155,000.00 $ 432,803.00
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Multiple initiativesNational Endowment for Democracy $ 102,743.00 $ 144,813.00 $ 172,120.00
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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 $ 450,000.00 $ 50,000.00 $ 516,425.00
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Fact-Checking Development GrantYouTube via Google News Initiative $ 219,301.00 $ - $ -
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Multiple initiativesLuminate Group / Omidyar Network $ 144,336.00 $ - $ -
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Other Donations $ 500.00 $ 500.00 $ 1,250.00
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Other Training Partnerships $ 41,835.57 $ - $ -
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Total Grants and Contributions Income $ 3,063,740.57 $ 2,480,892.00 $ 5,795,674.49
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Other Income
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Code of Principles Applications $ 43,988.10 $ 44,855.00 $ 28,081.00
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Total Other Income $ 43,988.10 $ 44,855.00 $ 28,081.00
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Total INCOME $ 3,107,728.67 $ 2,525,747.00 $ 5,823,755.49
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EXPENSES
CY 2022 (1/1-12/31)
CY 2023 (1/1-12/31)
CY 2024 (1/1 -12/31)
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Staff Costs
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Salaries $ 420,694.99 $ 609,210.96 $ 724,304.19
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Benefits $ 96,855.16 $ 128,652.09 $ 151,995.72
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Recruitment & Relocation $ 1,190.00 $ 2,140.75 $ -
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Staff Travel $ 71,680.24 $ 91,606.81 $ 91,788.25
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Total Staff Costs $ 590,420.39 $ 831,610.61 $ 968,088.15
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Guest Faculty Costs
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Adjunct & Guest Faculty Fees $ 6,100.00 $ 3,000.00 $ 4,000.00
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Guest Faculty Travel $ 52,259.12 $ 42,061.99 $ 35,006.96
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Total Guest Faculty Costs $ 58,359.12 $ 45,061.99 $ 39,006.96
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Professional Fees
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Professional Fees $ 86,880.49 $ 13,365.75 $ 44,760.00
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Legal, Accounting, and HR Fees $ 29,214.17 $ 52,277.44 $ 36,668.97
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Code of Principles Assessments $ 51,900.00 $ 55,250.00 $ 74,950.00
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Other Professional Fees $ - $ 19,605.00 $ 6,000.00
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Total Professional Fees $ 167,994.66 $ 140,498.19 $ 162,378.97
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Program Operations & Other Expenses
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Grant Making $ 1,416,353.50 $ 908,072.23 $ 4,531,295.95
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Program Expenses $ 300,177.00 $ 167,404.00 $ 60,134.07
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Participant Travel $ 215,381.15 $ 143,115.13 $ 26,731.22
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Supplies $ 32,278.32 $ 4,510.74 $ 349.00
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Facilities Maintenance and Utilities $ 3,137.97 $ 4,027.20 $ 2,437.05
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Equipment Maintenance and Software $ 90,968.48 $ 120,895.59 $ 59,685.89
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Other Expenses $ 57,302.29 $ 43,771.78 $ 55,009.90
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Total Program Operations & Other Expenses $ 2,115,598.71 $ 1,391,796.67 $ 4,735,643.08
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Total EXPENSES $ 2,932,372.88 $ 2,408,967.46 $ 5,905,117.16
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NET CONTRIBUTION $ 175,355.79 $ 116,779.54 $ (81,361.67)
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Annual Grants by Program202220232024
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IFCN Crowdfunding Match $ - $ 28,226.00 $ -
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Fact-checking Innovation Initivate Round 2
 $ 99,353.50 $ - $ -
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Vaccine Grant Program $ 48,500.00 $ - $ -
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Global Mentorship Program $ 385,000.00 $ 50,000.00 $ 50,000.00
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Climate Misinformation Grant $ 400,000.00 $ 275,000.00 $ 90,000.00
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Spread the Facts Grant $ 450,000.00 $ - $ 300,000.00
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African Fact-Checking Award $ 23,500.00 $ 15,000.00 $ -
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Global Fact Award $ 10,000.00 $ - $ -
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Global Fact Check Fund $ - $ 437,500.00 $ 4,010,755.35
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Legal Fund $ - $ 73,546.23 $ 67,540.60
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IFCN $ - $ 28,800.00 $ 13,000.00
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Annual Grants by Recipient202220232024
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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
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Africa Check $ 15,000.00 $ 15,000.00 $ 25,000.00
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Africa Uncensored $ 5,000.00 $ - $ -
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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
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Agencia EFE, S.A.U., S.M.E. $ 50,000.00 $ - $ -
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Akhbarmeter Media Observartory $ - $ - $ 12,500.00
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Aos Fatos $ - $ 5,965.00 $ 80,172.00
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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 $ 40,000.00 $ 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
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Asociatia Funki Citizens $ 47,500.00 $ 47,500.00 $ -
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Associació Verificat $ 47,500.00 $ 57,500.00 $ 25,000.00
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Astiki Mi Keroskipiki Etatia Kentro $ - $ - $ 25,000.00
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Australian Associate $ - $ 12,500.00 $ 12,500.00