An increasing push by nonprofit institutions to raise and provide funding to support nonprofit local news offers some cautious hope amid the crisis of closures and funding cuts.
NewsMatch, coordinated by the Institute for Nonprofit News (INN), raised a record $47 million in 2023 to benefit nonprofit news outlets, aiming to empower local newsrooms with matched funding.
This increase in donations coincides with a period of public distrust in news media, the spread of misinformation, and a growing need for reliable news, especially in a presidential election year.
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