June 21, 2017 by Tom Glaisyer and Jennifer Preston
We believe that journalism is essential to building informed and engaged communities, and that a healthy democracy requires a robust and independent press. For the last decade, as the digital disruption of the traditional business model for journalism has led to deep cuts in newsrooms across the county, nonprofit news organizations have filled critical gaps by providing vital news and information to communities, delivering investigative and beat reporting with pioneering models.
The future and mission of nonprofit journalism has never been more important as trust in the news media is at an all time low and people are searching for reliable news in their social and mobile streams. Today, the Democracy Fund and Knight Foundation welcome other funders and supporters to join a new matching gifts fund to support nonprofit news. Democracy Fund and Knight Foundation are pledging $2 million in 2017 to kick off a campaign to support nonprofit journalism, with an additional $750,000 committed to help nonprofit organizations build the capability and capacity they need to put them on the path of sustainability.