We shared in our newsletter on July 2 that we’ve invited our first set of proposals for investment and support. This week, we wanted to take a moment to share some of what we’ve learned in talking with more than 100 Civic News Organizations (CNOs) over the past few months, particularly as it relates to their revenue capacity needs.
Since the American Journalism Project launched earlier this year, we’ve had the privilege to talk with and learn from more than a hundred local civic news organizations, and recently joined many of them at the INN Days conference in Houston, where a record number of nonprofit news organizations gathered to share, learn and build connections.
Today we’re excited to share publicly the funding criteria of the American Journalism Project. Our goal is to be transparent about our intentions and goals, and to help organizations know when and how they can reach out to us to begin a conversation.
American Journalism Project Launches Major Effort to Reinvigorate Local News with $42 Million in Founding Commitments
The American Journalism Project, a new initiative to reinvigorate mission-driven local news through the power of venture philanthropy, today announced its official launch with $42 million in lead funding commitments, a Board of Directors, and its first three hires.
It’s a big day for us at AJP, as we formally unveil our ambition to build a first-of-its-kind venture philanthropy firm focused on local news. Below this note is an announcement that includes our founding investors, team, and board members.
My inbox is accustomed to cold pitches. I’ve been a reporter and editor for more than a decade. But starting a few years ago — and increasingly each and every month — I’ve been getting a new genre of email solicitation: the request for business coaching, from my fellow journalists.