What We Fund
We seek out social entrepreneurs who share our belief that local news is a public good and are leading civic news organizations positioned for growth.
What is a civic news organization? A civic news organization, or CNO, is a local news organization distinguished by its public service mission and commitment to meeting the critical information needs of the community — in areas such as government, environment, education, social and criminal justice, or public health. CNOs are supported by a mix of commercial media tactics and sophisticated charitable fundraising.
As we build our first portfolio of CNOs to receive investment and intensive support, our aim is to help catalyze transitions to multiple and sustainable revenue streams, while significantly growing local philanthropic support for news. We will primarily fund capacity for CNOs to generate new revenue — including salaries, technology and overhead costs.
We have a very strong preference toward nonprofit organizations.