| Abbreviation | IPSMF |
|---|---|
| Formation | July 1, 2015 |
| Type | Public charitable trust |
| Registration no. | CIT(E)/BLR/12A/M-134/AABT12413E/ITO(E)-1/ Vol 2015-2016 |
| Purpose | Promoting excellence in "independent, public-spirited journalism" |
| Endowment | Financial and other support for public-interest information |
| Website | ipsmf |
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[edit | edit source]
- ↑ 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.
- ↑ Quint, The (2019-12-03). "Kiran Mazumdar Shaw Funds Anti-Govt Propagandist IPSMF: Malviya". TheQuint. Retrieved 2023-10-05.
- ↑ "About Us". The India Forum. 2022-01-11. Retrieved 2023-10-05.
- ↑ "IPSMF | The Independent and Public-Spirited (IPS) Media Foundation". Retrieved 2023-10-05.
- ↑ "How The Wire is Funded". The Wire. Retrieved 2023-10-05.
- ↑ "About Us". Main Media (in हिन्दी). Retrieved 2023-10-05.
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