The A-Mark Foundation announced a transformative $10 million gift from its founder and board member, Steven C. Markoff, to further its mission of supporting and promoting investigative journalism. The gift, announced on January 15, 2025, aims to recognize excellence in reporting and invest in the next generation of investigative journalists.
The foundation, based in Santa Monica, California, has focused on granting funds to support investigative reporting. In 2025, A-Mark grants totaled nearly $1 million. The new $10 million gift positions the foundation to significantly expand its funding for investigative journalism in 2026, enabling larger and more frequent grants to journalists and news organizations.
Steven C. Markoff, the founder of A-Mark and a board member, emphasized the importance of investigative journalism in holding power accountable and informing the public. 'This gift reflects our commitment to ensuring that investigative reporting continues to thrive, especially in an era when newsrooms are shrinking and the need for in-depth journalism is greater than ever,' Markoff said in a statement.
The A-Mark Foundation supports and promotes investigative reporting through grants. The foundation's work has previously funded projects that uncovered corruption, environmental issues, and social injustices. With the increased funding, the foundation expects to support a broader range of investigative projects and provide more resources for emerging journalists.
For more details, the full announcement is available at the A-Mark Foundation website. The foundation also encourages interested parties to learn more about its grant programs and application process through its official channels.
The gift underscores a growing trend of philanthropic support for journalism, as foundations and individuals seek to bolster independent reporting. The A-Mark Foundation's expanded capacity comes at a critical time for the industry, with many traditional news outlets facing financial pressures. By investing in investigative journalism, the foundation aims to ensure that important stories are uncovered and shared with the public.
