A $500 Million Pledge to Support Local News
Non Profit Quarterly
NOVEMBER 7, 2023
The MacArthur Foundation itself pledged $150 million to the new fund. The idea is to both directly pool and contribute $500 million toward local journalism and, in doing so, spark wider and sustained investment in local journalism in the years to come, says Kathy Im, director of journalism and media for the MacArthur Foundation.
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