Chalkbeat is an independent nonprofit news organization with bureaus in New York City (GothamSchools), Colorado (EdNews Colorado), Tennessee, and Indiana. While we await our 501(c)3 status, we are being incubated by the Colorado Nonprofit Development Center, based in Denver.
Currently more than three quarters of our funding comes from local and national foundations. However, more than half of funding from our New York bureau comes from earned revenue, in the form of job board revenues and sponsorships. Our goal is to have the entire organization funded by a healthy mix of earned and philanthropic revenue within three years. We are shooting for one third of our costs being covered by earned revenue, but hope to get even higher.
We are funded by national and local foundations, individual donations, sponsors, and our jobs board. Our philanthropic funders are: The Lumina Foundation, The Ford Foundation, The Rita Allen Foundation, SeaChange Capital Partners, the Walton Family Foundation, The Bill & Melinda Gates Foundation, The Mai Family Foundation, The Moriah Fund, The Daniels Fund, The Piton Foundation, The Donnell-Kay Foundation, The Colorado Health Foundation, The Carson Foundation, The Brett Family Foundation, The Greater Memphis Community Foundation, the Friedman Foundation, and The Hyde Foundation.
We make it clear to funders that our reporting is not and will not be swayed by their interests or point of view. Funders understand that and expect that we will be able to demonstrate with hard evidence that we have a meaningful impact on the education debate and that we will help build a more informed constituency for public education.