The Press Forward coalition, led by the MacArthur Foundation, has pledged to invest $500 million in revitalizing local news over the next five years while working to raise more.
Attention, local newspaper owners: This is now a proven, IRS-approved path to convert your money-losing daily into a community nonprofit. Give it some thought.
The network’s pitch to local funders: “By the time the school reforms reached their zenith, there was not a single local education reporter dedicated to covering them.”
“Nonprofit news organizations have much in common even if their scope or mission differs. Their journalistic missions are shaped largely by the gaps they are trying to fill — investigative at the state, national and global level; more general news at the local level.”
“We’ve been told repeatedly that the amount of funding that came from SAGE was going to be the same for the long term every year and we were responsible for raising additional revenue…and we’ve done that.”
Schmidt, Christine. "Pacific Standard is shutting down, cut off from its major foundation funder." Nieman Journalism Lab. Nieman Foundation for Journalism at Harvard, 8 Aug. 2019. Web. 18 Oct. 2024.
APA
Schmidt, C. (2019, Aug. 8). Pacific Standard is shutting down, cut off from its major foundation funder. Nieman Journalism Lab. Retrieved October 18, 2024, from https://www.niemanlab.org/2019/08/pacific-standard-is-shutting-down-cut-off-from-its-major-foundation-funder/
Chicago
Schmidt, Christine. "Pacific Standard is shutting down, cut off from its major foundation funder." Nieman Journalism Lab. Last modified August 8, 2019. Accessed October 18, 2024. https://www.niemanlab.org/2019/08/pacific-standard-is-shutting-down-cut-off-from-its-major-foundation-funder/.
Wikipedia
{{cite web
| url = https://www.niemanlab.org/2019/08/pacific-standard-is-shutting-down-cut-off-from-its-major-foundation-funder/
| title = Pacific Standard is shutting down, cut off from its major foundation funder
| last = Schmidt
| first = Christine
| work = [[Nieman Journalism Lab]]
| date = 8 August 2019
| accessdate = 18 October 2024
| ref = {{harvid|Schmidt|2019}}
}}
