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FactCheck.org is a project of the Annenberg Public Policy Center of the University of Pennsylvania. The APPC was established by publisher and philanthropist Walter Annenberg to create a community of scholars within the University of Pennsylvania that would address public policy issues at the local, state and federal levels.
"PolitiFact is a fact-checking website that rates the accuracy of claims by elected officials and others who speak up in American politics. PolitiFact is run by editors and reporters from the Tampa Bay Times, an independent newspaper in Florida, as is PunditFact, a site devoted to fact-checking pundits. The PolitiFact state sites are run by news organizations that have partnered with the Times. The state sites and PunditFact follow the same principles as the national site.
PolitiFact staffers research statements and rate their accuracy on the Truth-O-Meter, from True to False. The most ridiculous falsehoods get the lowest rating, Pants on Fire."
"The purpose of this Web site, and an accompanying column in the Sunday print edition of The Washington Post, is to “truth squad” the statements of political figures regarding issues of great importance, be they national, international or local. "
From University of Michigan. "This site demonstrates how the media is influenced, and how these influences manifest themselves in the news..." the purpose of the site is "to equipped you with the tools to read news more critically and intelligently."