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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.

Local 52
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[Breaking News] An Extraordinary Funding Opportunity For Nonprofits To Preserve Local Journalism

Bloomerang

Nonprofits focused on the preservation of local journalism are being called to step up, and many of the country’s largest private foundations have announced $500 million in funding over five years to support them, an extraordinary initiative called Press Forward. What’s the problem? Press Forward seeks to stop and reverse that trend.

Journal 94
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SoLo Funds Bridges Corporate and Nonprofit Efforts with New Amplify Fund

NonProfit PRO

SoLo Funds announced a new initiative, Amplify Fund, to amplify the reach of its emergency loan marketplace. Amplify Fund enables corporations, nonprofits, and local governments to create equitable access to emergency capital and track the impact.

Fund 167
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A $500 Million Pledge to Support Local News

Non Profit 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. Since 2005, some 2,200 local newspapers have closed, according to a press release by the MacArthur Foundation.

Local 102
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Elevate Your Free Clinic’s Impact By Recruiting More Individual Donors

Bloomerang

Identify the philanthropic individuals in your community who care about your mission A quick and easy way to identify who cares about your healthcare mission is to see who’s funding other wellness initiatives in your area or who prioritizes helping socioeconomically and geographically underserved populations.

Impact 83
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ChangeX launches $50,000 fund to support local groups in City of Toronto and York Region to start or expand impactful community projects

Charity Village

ChangeX, supported by a Community Empowerment Fund award from Microsoft, has launched a fund to support registered nonprofits to start or expand impactful community projects in the City of Toronto and York Region. This is the first year of the Toronto Community Challenge.

Local 52
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Impact investing: Catalyzing systemic change 

Candid

Once the preserve of large foundations and mega-donors, impact investing is growing in popularity, including among women and younger generations. More than 40% of millennials report engaging in impact investing, compared with 20% of baby boomers. What is impact investing? So what’s different about impact investing?

System 88