American newspapers hired large numbers of female journalists in 1919–1920 to cover the women's suffrage movement, but after the passage of the Nineteenth Amendment, many were demoted to the society pages or let go.[5] This led several women to plan a group that would fight for the rights of female journalists.[5]
Two years later, the club was incorporated in the state of New York with the stated purpose
...to inculcate a spirit of mutual aid in the newspaper profession, to provide club facilities for its members, to exert proper influences, and to foster and advance the best ideals and standards in the profession of journalism.
— articles of incorporation filed April 18, 1924[7]
In 1954, the club created the Anne O'Hare McCormick Journalism Scholarship in honor of the late foreign correspondent and editorial board member of The New York Times who served as a vice president of the club for nine years.[16][17]The New York Times provided $10,000 of the $15,000 needed to establish the annual scholarship.[17] The first $500 scholarship was awarded to Mary Kay Johnson of Wakefield, Rhode Island in 1955 at the club's annual Front Page dinner and dance.[18][19]
The Mary E. Watts Award was named in honor of the club member and former women's editor of The Sun.[20] The initial $100 scholarship was given in 1962 to Jeanne Heffernan of Troy, New York.[21]
The Eleanor Roosevelt Newspaper Women's Memorial Fund was established in 1964 in honor of the club member and former first lady.[22] The fund provided a fellowship exchange program for two newspaperwomen, one from the United States and the other from Latin America, covering three months of travel, work, and study in the exchange country, including round-trip transportation and a $500 tuition allowance.[22] The club provided the $10,000 seed money for the fund.[22] The first fellowships were awarded in 1965 to Jennie Graciela Vasquez-Solis of La Prensa(es) in Lima, Peru, and Elvira J. Valenzuela of The Wichita Eagle and The Wichita Beacon in Kansas.[23]
The Joan O'Sullivan Scholarship was created in 2008 in honor of the columnist and editor for King Features Syndicate who was also a former president of both the club and the Anne O’Hare McCormick Memorial Fund.[24] Former club president Roslind Massow provided the seed money to establish the scholarship.[24]