This month three foundations announced they are putting up $3 million in matching dollars and inviting the nation to stand up and support local news and investigative reporting. The News Match fund is a collaboration between Democracy Fund, the John S. and James L. Knight Foundation, and the John D. and Catherine T. MacArthur Foundation.
News Match is the largest grassroots fundraising campaign ever to support nonprofit and investigative news organizations. Across the country, 110 newsrooms are participating. Together we want 2017 to be a record-setting year for donations to news to ensure that innovative, nonprofit newsrooms have the resources they need to deliver high-quality reporting to the communities they serve. Donors can contribute up to $1,000 between now and December 31, and every donation will be matched, up to a total of $27,000 per organization.
Why News Match, Why Now?
News Match comes at a time when journalists are facing a perfect storm of economic challenges and political attacks. A robust, independent press is essential to fostering an informed and engaged public and vital for a healthy democracy. The News Match fund launches today with $3 million but was built as a platform for other foundations and donors to join. National funders can contribute to increasing the matching fund and local funders can partner to match donations just to newsrooms in their area. Find out more about how funders can work with News Match here.
“The accountability and investigative function of journalism is essential for our democracy and it has been under-resourced for many years,” said Kathy Im, Director of Journalism and Media at MacArthur. “News Match endeavors to strengthen a free and independent press and help restore Americans’ faith in the news media.”
New Ways to Support Quality News
Launching alongside News Match is a new website— www.newsmatch.org—the first one-stop platform for donating to nonprofit news. You can search for newsrooms by location or topic, and you can donate to multiple newsrooms with one simple transaction. The site, which is hosted by the Institute for Nonprofit News, is just one way News Match is building the capacity of the field.
The participating foundations have invested more than $750,000 in technology, training and communications support to expand the capabilities of nonprofit news organizations to build a more sustainable future rooted in community support. Building on the success of the News Revenue Hub, News Match participants will have access to new tools, workshops and coaching to fortify their relationships with readers and donors. “This initiative will help new organizations that are imperative to our democracy build resources and widen their supporter base, just when they need it most,” Jennifer Preston, Knight Foundation Vice President for Journalism, said in a statement.
Knight Foundation launched the inaugural News Match in 2016, helping 57 nonprofit news organizations raise more than $1.2 million in match donations. This year, with support from Democracy Fund, Knight Foundation and the MacArthur Foundation, News Match will nearly triple the number of dollars available and almost double the number of newsrooms who are participating. The Miami Foundation is serving as fiscal sponsor for the fund.
Very interesting and practical. Thanks for passing this info. along!