Established to promote, support and fund research, investigative journalism, publications, videos and related initiatives, the TRACE Foundation advances commercial transparency and anti-bribery education. Through scholarships, prizes and grants awarded to individuals and organizations, it helps deepen understanding of the causes of corruption and the most effective ways to address it.
Funded by TRACE International, the Foundation operates under the guidance of an independent board with sole authority over project selection, execution and the distribution of funds—together, these efforts help drive meaningful progress in the global fight against corruption.
Given the extraordinary pressure on investigative journalism in the U.S. and many autocratic countries, the TRACE Foundation will shift its focus in 2026 from recognizing and rewarding past journalism to supporting future efforts with grants.
The 2018 TRACE Prize for Investigative Reporting was awarded to the Investiga Lava Jato team for their project "Investiga Lava Jato", overseen by nonprofit newsroom Convoca, and to Kelly Carr and Jaimi Dowdell, for their investigation "Secrets in the Sky" which was published in the Boston Globe.
Honorable mentions were awarded to Joachim Dyfvermark, Sven Bergman, Erik Palm, Miranda Patrucic, Ola Westerberg, Olesya Shmagun, Gino Harel, Luc Tremblay, working with the OCCRP, SVT, CBC/Radio-Canada, Novaya Gazeta and TT News Agency, for their investigation "Agents of Influence", and to Simona Weinglass, investigative reporter for The Times of Israel for her investigation into Israel's binary options industry.