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Articles tagged philanthropy (51)

The coalition announced its first six local chapters, and their leading funders, last week.
The Press Forward coalition, led by the MacArthur Foundation, has pledged to invest $500 million in revitalizing local news over the next five years while working to raise more.
What does it mean for other news organizations hoping to attract institutional support?
Attention, local newspaper owners: This is now a proven, IRS-approved path to convert your money-losing daily into a community nonprofit. Give it some thought.
“Asking people to support the Bee via digital subscription can be a path for us. However, that path is long. This effort can help serve as a bridge.”
The network’s pitch to local funders: “By the time the school reforms reached their zenith, there was not a single local education reporter dedicated to covering them.”
“Nonprofit news organizations have much in common even if their scope or mission differs. Their journalistic missions are shaped largely by the gaps they are trying to fill — investigative at the state, national and global level; more general news at the local level.”
View of the ocean from Santa Barbara, Calif.
“We’ve been told repeatedly that the amount of funding that came from SAGE was going to be the same for the long term every year and we were responsible for raising additional revenue…and we’ve done that.”