Philadelphia Newspaper Foundation Raises $26.5 Million

In January 2016, H.F. “Gerry” Lenfest created the nonprofit that now owns the Philadelphia newspapers, funding it with a $20 million donation. Since then, The Lenfest Institute for Journalism, as it is now known, has raised an additional $26.5 million from an array of foundations and individuals, based both nationally and in Philadelphia, the Institute announced on Wednesday.

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