As philanthropy looks to triage the limited resources available to address the burgeoning impact of the spread of Covid-19, let’s also see where philanthropy is already paying dividends.
Feb. 26, 2019. Miami, Fla.—The American Journalism Project, a new initiative to reinvigorate mission-driven local news through the power of venture philanthropy, today announced its official launch with $42 million in lead funding commitments, a Board of Directors, and its first three hires.
As market forces fail local news, our media ecosystem are failing the communities that they have been entrusted to serve. Philanthropy, for its part, has come to the table, providing critical support for nonprofit news in innovative and unprecedented ways. Today, a new initiative announces it plan to reinvigorate local news on a large scale.