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"Nonprofit news is the very hot thing right now," says Stacy Palmer, chief executive of the Chronicle of Philanthropy.
"Lots of foundations are coming together to save local news."
In fact, the number of local nonprofit news organizations has more than doubled in the past six years, according to data from the Institute for Nonprofit News.
But while some philanthropies are directly funding local news, others are creating nonprofit news organizations of their own.
"There's a tremendous concern in philanthropy about the fact that our democracy fails if we don't have strong, local journalism," Palmer tells the Los Angeles Times.
"For a lot of philanthropies, it's the second cause," she says.
One local philanthropy, the Eli and Edythe Broad Foundation, announced a three-year, $1.15 million grant earlier this year to support a partnership between the News Literacy Project and the Los Angeles Unified School District.
"The News Literacy Project is recognizing that there's been a shift in how people consume and interact with the news, and we really want to make sure that young people develop the skills to be able to interact with news to differentiate fact from fiction and identify reputable and verifiable sources of news and use that news in a productive way," says Read the Entire Article
Selected Grant News Headlines
A customized collection of grant news from foundations and the federal government from around the Web.
Illinois' OSF HealthCare, a not-for-profit faith-based hospital chain, has announced that its president and CEO will step down from his post at the end of the year, the Chicago Tribune...more
The CEO of Wells Fargo has been named one of the 100 most influential people in the world. In a press release, CEO John Stumpf says he's "thrilled" to have been chosen as one of the recipients of...more
Dilnaz Waraich's fellowship with the National Center for Family Philanthropy ended earlier this month, but she's not done yet. That's because she's still working on a project called Inspired...more
The environmental news app Gen E has been around for five years, but it's getting a new identity as it transforms from a tech company to a lifestyle brand, Adweek reports. "We're a tech company,...more
The world's richest people are giving away a lot more than they used to, according to a new study that finds the world's richest people are giving away more than twice as much as they used...more
Filed under the "must-see" category: a New York City art school's annual "Home for the Holidays" benefit concert. This year's show, which benefits the Daniel Price Memorial Fund for Aspiring...more
Bollywood actress Chahatt Khanna is known for her down-to-earth manner and charitable work, and now she's going a step further and donating a portion of her earnings to charity. "While she...more
A Florida man is being called "one of the kindest, most giving people you'll ever meet" after he posted a note on Facebook asking for donations to help a veteran with post-traumatic stress disorder,...more
Foundation: Gates Foundation
The Financial Times takes a look at some of the world's richest people, their philanthropic leanings, and what they've learned over the years. Here's a sampling: Roy Vagelos: The 57-year-old...more
Muslims around the world are putting their money where their mouth is in an effort to fight climate change. The Pew Research Center reports on a new type of endowment called a Waqf, or green...more
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New Age of Philanthropy: #GivingTuesday
A part of a series produced by The Huffington Post in celebration of #GivingTuesday, which will take place this year on December 3, Kathy Calvin and Henry Timms vouch that we are living in a new era of philanthropy.
