July 13, 2010

Community and Place-based Foundations Prioritize News and Information Projects

This entry was originally posted on the Council of Foundation's blog.

What role do funders play in the future of community news and information?

It's a question the Knight Commission on the Information Needs of Communities in a Democracy asked in its big national report last year, and one the Knight Foundation has been posing annually to community and place-based foundations, the local funders with the pulse of their neighborhoods and cities.

This year, more than half of the 135 foundations that responded to our survey said they were funding news and information projects - for a total of $165 million. Interestingly, more than a third said they had increased their funding in the area in last three years - and expected it to increase in the future.

Foundations also viewed this funding as a critical ingredient to effecting meaningful social change, the survey, conducted by FSG Social Impact Advisors in conjunction with the Council on Foundations, found.

The portfolio helped foundations reach their objectives in areas like health, education and economic development.

We'd heard similar perspectives from winners of the Knight Community Information Challenge, a matching grant program to encourage community and place-based foundations to invest in news and information projects.

The views of the wider field suggest that local foundations are an increasingly important component in helping communities meet their information needs.

ShareThis

Leave a Reply


Password: