Articles by

Jesse Holcomb

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    The following is cross-posted from the Pew Research Center's Journalism Project.  The future of nonprofit news: a roundtable On Friday, Sept. 20, 2013, the Pew Research Center and the John S. and James L. Knight Foundation co-hosted a roundtable on the future of nonprofit journalism. The event brought together representatives of the philanthropic and journalistic communities, as well as thought leaders and experts in the field. Framing the conversation were data from a June Pew Research report on the financial sustainability of nonprofit news, and a forthcoming report from the Knight Foundation assessing the health of a group of nonprofit news organizations. Full video footage and an edited transcript are now available, as is the Knight Foundation’s recap of the event. Here are four key points that emerged out of the afternoon. Elizabeth Green of Education News Network speaks at the Future of Nonprofit Journalism event, held at the Pew Research Center. 1.     Philanthropy may continue to be a significant part of the future of nonprofit journalism. Pew Research Center data show that in spite of calls to diversify revenue streams, foundation revenue has continued to be vital to the existence of many nonprofit news organizations. About three-quarters of the 93 outlets surveyed in late 2012 receive foundation funding, which in most cases accounts for more than half of an outlet’s total revenue. And new Knight Foundation data on a smaller cohort of outlets suggest that while reliance on foundations is shrinking for some outlets, it is still the most important revenue stream. While participants in the roundtable conversation emphasized the continued need to diversify revenue streams, institutions such as the John D. and Catherine T. MacArthur Foundation are not planning on ending their commitments tomorrow, and some funders and news providers said a level of philanthropic support will be necessary over a long period of time. They also indicated, however, that philanthropic giving would be tied to the nonprofit outlets’ ability to innovate.