DENVER, June 24, 2010 (GLOBE NEWSWIRE) -- The National Association of Hispanic Journalists will join 13 other journalists groups in sharing $875,819 in grants from the Challenge Fund for Journalism (CFJ), a consortium of the Ford, McCormick and Ethics & Excellence in Journalism Foundations.

NAHJ will receive a $25,000 challenge grant which also will be matched by individual supporters of the organization.

"We appreciate the Ford, McCormick and Ethics & Excellence in Journalism Foundations and their continued commitment to diversity," said NAHJ Executive Director, Iván Román. "With the help of our members, Student Projects and Student Campus alumni and other supporters we can meet the challenge and strengthen NAHJ through this grant," added Román.

NAHJ will kick-off the campaign, The Denver Challenge, during its 28th Annual Multimedia Convention & Career Expo this week in Denver, Colorado . To learn more about the campaign and to donate to NAHJ, click here, http://www.nahj.org/support/donate/ .

Launched in 2004, the CFJ was introduced amid extraordinary and difficult changes in the news media profession. Not only have journalism organizations seen a significant decline in financial support from corporate and philanthropic sources, but also a severe contraction in the industry as a whole. The current economic crisis has only exacerbated these difficulties, demonstrating more than ever the need to build the capacity of organizations to expand and diversify their financial base of support. 

The Challenge Fund initiative addresses this need by providing a combination of grants and customized coaching, technical assistance, and peer networking opportunities to ensure that journalism groups have the leadership, infrastructure, and financial resources needed to increase their adaptability and promote long-term sustainability. Grantees are chosen through a competitive process that utilizes criteria such as readiness for capacity building, commitment to organizational change, commitment to revenue diversification, and potential impact of CFJ on organizational development and sustainability.

In the first five cycles of the program, a total of 44 media organizations participated, generating almost $8 million. 

Calvin Sims, Program Officer, Media, Arts, and Culture, at the Ford Foundation noted that "The Challenge Fund for Journalism has been very successful in building essential organizational and fund development capacity among a broad range of journalism organizations. Many of these groups are responsible for bringing diverse voices, perspectives, and stories into the media space. CFJ not only serves to bolster the financial sustainability of these critical organizations, but also ultimately strengthens the entire journalism profession."

About NAHJ

Founded in 1984, NAHJ's mission is to increase the percentage of Latinos working in our nation's newsrooms and to improve news coverage of the Latino community. NAHJ is the nation's largest professional organization for Latino journalists with more than 1,400 members working in English and Spanish-language print, photo, broadcast and online media. NAHJ is a 501 (c)(3) tax-exempt non-profit organization. For more information, visit www.nahj.org.

The National Association of Hispanic Journalists logo is available at http://www.globenewswire.com/newsroom/prs/?pkgid=7410

The Ethics & Excellence in Journalism Foundation ( www.journalismfoundation.org ) was founded in 1982 by Edith Kinney Gaylord to support local and national efforts to improve the quality of journalism practices among various media.

The Ford Foundation ( www.fordfound.org ) has worked with courageous people on the frontlines of social change worldwide for more than half a century, guided by its mission to strengthen democratic values, reduce poverty and injustice, promote international cooperation, and advance human achievement.

The McCormick Foundation ( www.mccormickfoundation.org ) is committed to strengthening our free, democratic society by investing in children, communities and country. It was established as a charitable trust in 1955, upon the death of Colonel Robert R. McCormick, the longtime editor and publisher of the Chicago Tribune.
CONTACT:  National Association of Hispanic Journalists          Media Contact:          Ivan Roman           202.662.7178          iroman@nahj.org

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