The Trust has raised and invested $38 million to date with support from various philanthropies. Their approach focuses on ownership investments to acquire community news outlets in different regions.
The Trust is transitioning towards more direct investments (25%) and execution (75%) to provide hands-on support for news groups, aiming for breakthrough improvements with measurable goals.
The Trust's CEO emphasized the need for impactful actions over mere coaching in the nonprofit sector. They aim to provide operational help and growth promotion to struggling news outlets.
The Trust's goal is to sustain local news nationwide by clarifying its strategy and enhancing support for community news outlets through direct investments and operational assistance.
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