Last edited October 6, 2023
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Independent and Public-Spirited Media Foundation
AbbreviationIPSMF
FormationJuly 1, 2015; 11 years ago (2015-07-01)
TypePublic charitable trust
Registration no.CIT(E)/BLR/12A/M-134/AABT12413E/ITO(E)-1/ Vol 2015-2016
PurposePromoting excellence in "independent, public-spirited journalism"
EndowmentFinancial and other support for public-interest information
Websiteipsmf.org

The Independent and Public-Spirited Media Foundation is an Indian public charitable trust, established on July 1, 2015. The foundation works to promote quality independent journalism.[1][2][3][4]

The foundation was started with a fund of Rs 100 crore by a group of Bengaluru businessmen, including Azim Premji, the chairman of Wipro, and philanthropist Rohini Nilekani.[1]

In August 2016 the foundation awarded a grant of Rs 1.95 crore to the Foundation for Independent Journalism (FIJ), a non-profit company that publishes The Wire. The group was awarded a second tranch of Rs 1.75 crore in March 2017. In 2018, IPSMF granted FIJ Rs 3.26 crore and committed to funding them for 2018-2019 as well.[5][6]

IPSM has also provided financial support to Spunklane Media Private Limited for the purpose of reporting and publishing stories of public interest under the section 'Delve'.[citation needed]

References

  1. ↑ 1.0 1.1 "With starting corpus of Rs 100 cr, Bengaluru billionaires register media trust". The Indian Express. 2015-09-20. Retrieved 2023-10-05.
  2. ↑ Quint, The (2019-12-03). "Kiran Mazumdar Shaw Funds Anti-Govt Propagandist IPSMF: Malviya". TheQuint. Retrieved 2023-10-05.
  3. ↑ "About Us". The India Forum. 2022-01-11. Retrieved 2023-10-05.
  4. ↑ "IPSMF | The Independent and Public-Spirited (IPS) Media Foundation". Retrieved 2023-10-05.
  5. ↑ "How The Wire is Funded". The Wire. Retrieved 2023-10-05.
  6. ↑ "About Us". Main Media (in हिन्दी). Retrieved 2023-10-05.