Community and place-based foundations are playing a growing role in addressing their community information needs. They see their funding of information and media as helping them make an impact on the issues they care about, tied to their philanthropic leadership and likely to increase in the future. These were the key findings from our recently completed State of Information and Media Funding Survey.
Of the 162 community and place-based foundation respondents, more than half report funding information and media-related projects in the past year, with a median contribution of just under $100k. Forty-nine percent of foundations supporting information and media have seen their funding in this area increase in the past three years, and 38% expect it to increase further over the next three years.
The survey also confirmed what we’ve been hearing in the field: that most foundations are funding information and media to make progress on issues that matter to them, in areas such as education, health, civic engagement and nonprofit capacity building. As one foundation explained:
“We realize that public awareness, engagement, and mobilization are critical components to get civic leadership […] to take decisive action.”