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.
Introducing the American Journalism Project
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.
Why I’m placing my bets on the American Journalism Project
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.