Friday, February 9, 2018
Revson Foundation Report Encourages Philanthropic Support of Local Journalism
A new report from the Charles H. Revson Foundation makes the case for philanthropic support of journalism, though its focus is on local news in the US.
The report quotes “an editor at a major non-profit news organization” who argued that the danger of foundation support was its fickle nature, often changing gears unexpectedly in accordance with a foundation’s own internal restructuring: “Non-profit models come into being, philanthropy supports them, they’re the flavor of the month, then the philanthropists move on and the journalism isn’t sustainable without that support.”