A new venture philanthropy organization will work collaboratively to catalyze a new generation of civic news organizations.
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.
Each year, the Knight Foundation gathers funders from across the country to talk about why and how they—especially those at community and place-based foundations—can contribute to stronger local news ecosystems. The agenda for this year’s Knight Media Forum offers rich examples of collaborations and experiments rooted in place.