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OVERSEAS PRESS CLUB FOUNDATION
NEW YORK, NY · EIN 136117706 · Form 990 · FY2024 · Small ($100K-$1M) · overseaspressclubfoundation.org
revenue
$230K
expenses
$189K
net assets
$2.5M
employees
0
program ratio
33%
mission · from form 990

RAISING MONEY FOR SCHOLARSHIP GRANTS

profile · synthesized from sources

The Overseas Press Club Foundation supports the development of international journalism by awarding scholarships and fellowships to graduate journalism students focused on global reporting. The foundation partners with news organizations and sponsors to fund awards that enable recipients to pursue in-depth reporting on international affairs, human rights, and economic issues. Recipients are enrolled in journalism programs at universities across the United States and abroad.

named programs · 4 · from sources

What they call their work

David R. Schweisberg Memorial Scholarship
Awarded to graduate journalism students focusing on international reporting, sponsored by the Schweisberg family in memory of the UPI correspondent
Harper’s Magazine / I.F. Stone Scholarship
Fosters independent, investigative journalism in the spirit of I.F. Stone, endowed by Harper’s Magazine Foundation
Irene Corbally Kuhn Scholarship
Supports journalism students pursuing international reporting, endowed by the Scripps Howard Foundation
Reuters Fellowship
Supports emerging correspondents in international affairs and economics, presented in partnership with Reuters
activities · 5 groups

What they do

  • Industry-Specific Student Scholarships and Competitions 2 activities
    • Administering specialized fellowships and scholarships for regional and thematic reporting
      Offers targeted funding opportunities including the Rukeyser Reporting Grants, the Rob Urban Award for reporting in Central and Eastern Europe, and scholarships supporting reporting on Greater China and financial journalism. These programs support emerging journalists in producing in-depth coverage across politics, business, technology, culture, and global markets.
    • Awarding scholarships and fellowships to aspiring international correspondents
      Awards approximately 18 annual scholarships and fellowships to undergraduate and graduate students pursuing careers in international journalism, with awards ranging from $3,000 for independent work to $4,000 to support placement in a bureau of a leading news organization. Over the past 25 years, more than 400 students have been selected for these programs.
  • Film Production Funding and Fiscal Sponsorship 1 activity
    • Funding international reporting projects through grants and seed funding
      Provides reporting grants and seed funding ranging from $1,000 to $5,000 to support freelance and student journalists in conducting international reporting on global issues. These grants have supported published projects on topics such as enhanced rock weathering in Brazil and the environmental and social impacts of the Aral Sea’s drying.
  • Recognition and Awards Programs 1 activity
    • Hosting annual Scholar Awards events to recognize emerging journalists
      Hosts an annual awards ceremony—either in person or virtually—to honor recipients of the Scholar Awards and other honors. Events include receptions, panel discussions, and training sessions, and have recognized 17–18 students annually as among the best of their generation in international journalism.
  • Paid Internships in Media & Publishing 1 activity
    • Placing scholarship recipients in international newsrooms and supporting career development
      Administers a fellowship program that places scholarship recipients in foreign bureaus of leading media organizations such as Reuters and the Associated Press. In recent years, placements have been secured for over half of the Scholar Award winners in global newsrooms, supporting the launch of long-term careers in international journalism.
  • Professional Networking Events 1 activity
    • Providing training and networking opportunities for award recipients
      Hosts a two-day event in New York City for scholarship and fellowship recipients that includes training, networking with professional journalists, and a reception. Attendance is required for award recipients, who also become members of the Overseas Press Club.
financials · form 990 · fy2024
revenue
Total revenue$230K
Contributions & grants$76K33%
Program service revenue$00%
Investment income$154K67%
Other revenue$0
expenses
Total expenses$189K
Program expenses33%
Admin / overhead5%
Fundraising61%
Salaries & benefits$0
Grants paid out$63K
Largest expense lineProfessional Fees
balance sheet
Total assets$2.46M
Cash$2.46M
Investments$0
Liabilities$0
Net assets$2.46M
Liquid reserves156.4 mo
5 years on record · 2020–2024 · YoY revenue -7.3%
relationships · 52

Who they work with

  • Agence France-Presse Partner — Employer of OPC Foundation alumnus Youcef Bounab as Maghreb correspondent.
  • Anne and Larry Martz Partner — Endowed the Fritz Beebe Fellowship
  • Associated Press Partner — Host organization for OPC Foundation fellow Youcef Bounab’s reporting in Paris.
  • Associated Press Partner — Provides fellowship opportunities for award winners to report in its bureaus, such as in Paris.
  • Bloomberg Partner — Donor contributing at the Patron level ($6,000 and up) since 2023.
  • Bloomberg Partner — Hosted the 35th Annual OPC Foundation Scholar Awards event in New York.
  • Bloomberg Partner — Hosts award winners in its bureaus for reporting fellowships.
  • CBS News Partner — Donor contributing at the Friend level ($3,000 and up) since 2023.
  • Deb Amos and friends Partner — Endowed the Rick Davis-Deb Amos Scholarship
  • Edith Lederer and friends Partner — Endowed the Edith Lederer Scholarship
  • Ford Foundation Center for Social Justice Partner — Hosted the OPC Foundation's 2023 Scholar Award reception.
  • Ford Foundation for Social Justice Partner — Hosted the 2024 Scholar Awards ceremony.
  • Gamsin Family Partner — Funds the H.L. Stevenson Scholarship
  • Harper’s Magazine Foundation Funder — Endows the Harper’s Magazine / I.F. Stone Scholarship.
  • Harper’s Magazine Foundation Partner — Endowed the Harper’s Magazine Scholarship in memory of I.F. Stone
  • MacArthur Foundation Funder — Donor contributing at the Patron level ($6,000 and up) since 2023.
  • Mercedes-Benz Funder — Sponsors the Walter & Betsy Cronkite Scholarship.
  • Mercedes-Benz Partner — Supports the Walter & Betsy Cronkite Scholarship for Aspiring Foreign Correspondents
  • NBCUniversal News Group Partner — Donor contributing at the Friend level ($3,000 and up) since 2023.
  • National Geographic Partner — Published feature resulting from OPC Foundation-funded reporting by Brett Simpson in the Norwegian Arctic.
  • New Lines Magazine Partner — Partner publication where grantee Diana Kruzman's reporting was published.
  • OPC Foundation Scholar Awards Network — Restricted grant program for former winners of OPC Foundation Scholar Awards.
  • Open Society Foundation Funder — Donor contributing at the Patron level ($6,000 and up) since 2023.
  • Pamela Howard Family Foundation Funder — Donor contributing at the Friend level ($3,000 and up) since 2023.
  • Paul and Dori Jones Yang Foundation Funder — Donor contributing at the Benefactor level ($500 and up) since 2023.
  • Reuters Partner — Donor contributing at the Patron level ($6,000 and up) since 2023.
  • Reuters Partner — Host organization for OPC Foundation fellowships, providing reporting opportunities for fellows such as Catherine Cartier and Stephen Kalin.
  • Reuters Partner — Hosts award winners in its bureaus, such as in Dubai, for reporting fellowships.
  • Reuters Partner — Media partner that hosts OPC Foundation fellows in its bureaus.
  • Reuters Partner — Presents the Reuters Fellowship for correspondents in international affairs and economics
+ 22 more
strategies · 5

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Field-Placement Fellowship Model
    methodology: field_placement_fellowship
    By placing early-career journalists in foreign bureaus of major media organizations, we launch international reporting careers, because hands-on experience in real newsrooms builds skills, confidence, and professional networks that accelerate career trajectories.
  • Grant Leverage for Media Placement
    methodology: grant_leverage_for_media_placement
    By using grant awards as credibility markers, we increase the likelihood that journalistic pitches are accepted by major outlets, because funders’ vetting signals newsworthiness and reduces risk for editors.
  • Investigative Reporting for Accountability and Reform
    methodology: investigative_reporting_for_accountability
    By supporting on-the-ground investigative reporting on systemic issues such as asylum processes and online exploitation, we drive accountability and policy reform, because evidence-based exposure of inconsistencies leads to institutional change.
  • Seed Funding to Enable Investigative and Freelance Reporting
    methodology: seed_funding_for_freelance_journalism
    By providing seed funding to early-career and freelance journalists, we enable the pursuit of high-impact international reporting projects that would otherwise be financially unviable, because financial barriers are a primary constraint to entry and depth in global journalism.
  • Targeted Support for Early-Career International Journalists
    methodology: early_career_international_journalism_support
    By focusing resources on students and early-career journalists aiming for international reporting careers, we maximize long-term field transformation, because early intervention shapes career trajectories more effectively than mid-career support.