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Extra! Knight Taps News Veteran to Lead Its Plan to Revitalize Local News

The Chronicle of Philanthropy

Knight Foundation has named Maribel Perez Wadsworth to be its next president, making the Cuban-American news veteran the foundation's first woman leader. Knight Foundation has named Maribel Perez Wadsworth its next president, making the Cuban-American news veteran the foundation's first woman leader. and James L. Knight Foundation.

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Foundations step up funding to bolster trust in local news 

Candid

news organizations, specifically local news outlets, have been rapidly dwindling. The COVID-19 pandemic brought more challenges for the industry, as demand for local news grew but revenue and outlets shrank. MacArthur, and William and Flora Hewlett Foundations have recognized the importance of a vibrant local news ecosystem.

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A $500 Million Pledge to Support Local News

NonProfit Quarterly

Image credit: Jon Tyson on Unsplash The decades-long decimation of local news—and the dangers that the trend poses for public oversight, an informed citizenry, and democracy itself—remains very much underway. The MacArthur Foundation itself pledged $150 million to the new fund. Since 2005, some 2,200 local newspapers have closed.

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Saving Local News

Stanford Social Innovation Review

By Gustavo Turner Rebuild Local News seeks to reverse the rapid decline of local journalism with public policy.

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Press Forward Taps First Director to Guide $500 Million in Local-News Grantmaking

The Chronicle of Philanthropy

Prest Kamron Khan Dale Anglin is set to lead Press Forward, dedicated to bolstering local news. Also, Schmidt Sciences has named its first president as it spins off from Schmidt Futures, and the charity Nontraditional Employment for Women has appointed its first Black woman leader.

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Nonprofit Trusts Are Fighting to Save Local News

NonProfit Quarterly

Six staff members were laid off and a community of about 40,000 people in two cities lost their source of local news. Around two newspapers close every week, according to the New York Times , a pattern that was occurring well before the pandemic. Not if the National Trust for Local News has anything to do about it.

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Good News for Local News as More Nonprofit Outlets Show What’s Possible

The Chronicle of Philanthropy

Andrew Mangum, The New York Times The fledgling Baltimore Banner, an online news site, is trying to go head to head with the 185-year-old Baltimore Sun. By Sarabeth Berman. Local journalism is coming back to life in many communities thanks to increased giving from foundations and individual donors.