CELEBRATING - Nieman Foundation - Harvard University

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Carolyn Curiel Chief of Staff to the President and Clinical Professor of Communication, Purdue University Thomas (Mac) Deford Columnist, freepressonline.com Jerelyn Eddings, NF ’85 Managing Editor, Editors’ World Mark Ethridge, NF ’86 President, Carolina Parenting Magazines Charles Ferguson, NF ’66 Retired Editor, The Times-Picayune Paula Fray, NF ’01 Regional Director for Africa, Inter Press Service Katherine Fulton, NF ’93 President, Monitor Institute Henry Louis Gates Jr. Alphonse Fletcher University Professor; Director, W.E.B Du Bois Institute for African and African American Research, Harvard University Gigi Georges Partner, The Glover Park Group Robert Giles, NF ’66 Curator, Nieman Foundation for Journalism at Harvard Tim Golden, NF ’96 Senior Writer, The New York Times John Harwood, NF ’90 Chief Washington Correspondent, CNBC and political writer for The New York Times Sharon King Hoge Media Consultant George Irish President, Hearst Newspapers and Senior Vice President of Hearst Corporation Alex Jones, NF ’82 Director, Joan Shorenstein Center on Press, Politics and Public Policy; Laurence M. Lombard Lecturer in the Press and Public Policy, Harvard Kennedy School Rami Khouri, NF ’02 Editor at Large, The Daily Star, Beirut, Lebanon; Director, Issam Fares Institute for Public Policy and International Affairs, American University of Beirut Katie King, NF ’94 Editor, MSN UK Murrey Marder, NF ’50 Retired chief diplomatic correspondent of The Washington Post amd sponsor of the Nieman Watchdog Project, niemanwatchdog.org Nancy Hicks Maynard (deceased) Media Consultant Lindsay M. Miller, NF ’88, Executive Committee Member Independent Producer of print and broadcast Gregory Moore Editor, The Denver Post John Seigenthaler, NF ’59 Founder, The First Amendment Center Charles Shepard, NF ’91, Executive Committee Member Chairman, Smith Family Council (Menasha Corporation) Michael Skoler, NF ’93 Executive Director, Center for Innovation in Journalism and the founder, Public Insight Journalism:Minnesota Public Radio/American Public Media In Harvard’s galactic multiverse, there is no program that has given me a greater feeling of personal and intellectual satisfaction than my association with the Nieman Foundation. Harvard President Neil Rudenstine, 2000 33
3 F O UN D AT I O N F I N A N C I A L S The Nieman Foundation’s FY08 financial results were once again strong. As part of the overall Harvard University endowment, the Nieman endowment rose 5 percent in value to $144 million. Endowment funds provided $4.8 million or 76 percent of the Nieman operating budget. Additional revenues from fundraising, sponsored projects, current use gifts, conferences and subscriptions, plus careful financial management, produced an operating surplus for the third year in a row. The surplus consisted primarily of sponsored and restricted funds, with 40 percent in unrestricted funds. Spending on the Nieman Fellowship program constituted roughly 86 percent of all Nieman Foundation expenses, including stipends, allowances and program and administrative costs. The remaining 14 percent were outreach costs, including Nieman Reports, the Nieman Program on Narrative Journalism, the Nieman Watchdog Project and the new Nieman Journalism Lab. COMPOSITION OF NET ASSETS Fund Balances $4,250,099 3% Endowment Appreciation $127,076,771 85% Endowment Book Value $17,169,028 12% F Y 0 8 B A L A N C E S H E E T as of June 30, 2008 A S S E T S Cash and Cash Equivalents Receivables, Net Pledges Receivable, Net Equipment, Net Long-Term Investments, at Market TOTAL ASSETS L I A B I L I T I E S Accounts Payable Deposits and Other Liabilities Pooled Loans, Construction TOTAL LIABILITIES N E T A S S E T S 2008 $500 5,129,549 821,794 85,285 144,245,799 150,282,927 5,128 0 1,781,901 1,787,029 $148,495,898 R E V E N U E A N D E X P E N S E S July 2007 – June 2008 R E V E N U E Sponsored Revenue, Nonfederal Current Use Gifts Endowment Income, Operating Distribution Interest Income Service, Publication, Other Income and Transfers TOTAL REVENUE E X P E N S E S General Administration Fellowships and Awards Outreach TOTAL EXPENSES N E T R E V E N U E June 30, 2008 $702,441 412,835 4,820,067 67,481 345,905 6,348,729 2,120,288 2,119,239 1,034,721 5,274,248 $1,074,481 2007 $500 4,918,394 1,018,977 114,923 137,343,310 143,396,104 5,010 96,279 1,850,102 1,951,391 $141,444,713 June 30, 2007 $676,290 178,280 4,312,521 45,948 203,636 5,416,675 1,962,598 1,974,264 1,029,137 4,965,999 $450,676
Page 1 and 2: C E L E B R A T I N G Nieman Fellow
Page 3 and 4: Contents 3 Welcome 4 Nieman History
Page 5 and 6: N I E M A N H I STO RY - T H E E A
Page 7 and 8: Nieman Class of 1947 To help open d
Page 9 and 10: 8 S H A R I N G N I E M A N VA L UE
Page 11 and 12: 10 C E L E B R AT I N G T H E L E G
Page 13 and 14: 12 N I E M A N F O UN D AT I O N PR
Page 15 and 16: 1 N I E M A N J O UR N A L I S M L
Page 17 and 18: 1 S O U T H A F R I C A N F E LL O
Page 19 and 20: 18 N I E M A N T I M E L I NE 19 3
Page 21 and 22: 20 A R E C O R D O F A C H I E V E
Page 23 and 24: 22 N I E M A N F E LL O W S PA ST A
Page 25 and 26: 2 Global Health Fellowships Now in
Page 27 and 28: 2 Lester Sloan A RT S A N D C U LT
Page 29 and 30: 28 Joe Alex Morris Jr. Memorial Lec
Page 31 and 32: 30 T H E C L A S S O F 2 0 0 9 Kael
Page 33: Top photo: Nieman board members at
Page 37 and 38: 3 N I E M A N D O N O R S The Niema

CELEBRATING - Nieman Foundation - Harvard University

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