Giving Compass' Take:
- This discussion details how funders can help bolster local news outlets with innovative fundraising efforts to address the crisis in local news.
- What are the critical pain points for local news and journalism right now?
- Read more on how philanthropy can sustain local journalism.
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Across the country, community-based philanthropic organizations are tapping into the promise of local news, recognizing it as an important civic institution that needs strategic, focused support. In February, the American Journalism Project announced the Indiana Local News Initiative—a new, statewide news initiative funded by $10 million from a coalition of Indiana organizations and philanthropies. The initiative already has buy-in from Indiana-based news outlets, and will help launch two new news operations, including a Gary-based newsroom led by Capital B.
In this conversation, Sarabeth Berman, CEO, American Journalism Project, moderated a discussion with Michael Ouimette, Chief Investment Officer at the American Journalism Project, Kevin Corcoran, Strategy Director at the Lumina Foundation and Lauren Williams, CEO and Co-Founder of Capital B. The conversation detailed the successful fundraising efforts around the Indiana Local News Initiative and the launch of Capital B’s forthcoming newsroom in Gary, Indiana.
Read the full article about how local philanthropy supports local news at Media Impact Funders.