Four Foundations Collaborate On Challenge Fund for Journalism

By: E&P Staff As journalism organizations deal with the economic struggles of the media industry, it has lead to limited financial support from corporate and philanthropic sources.

Four foundations - The Ford Foundation, John S. and James L. Knight Foundation, McCormick Tribune Foundation, and Ethics & Excellence in Journalism Foundation - announced today the results of the Challenge Fund for Journalism (CFJ) III as well as the new CFJ IV grant awards.

The Challenge Fund for Journalism is an initiative launched in 2003 that helps journalism organizations broaden their base of financial support through challenge grants, fund-raising training, and organizational development coaching.

The group helps to ensure that organizations, which are critical to supporting journalists and media managers, have the resources needed to adopt and sustain their programs.

Over the past year, 15 CFJ III grantees successfully raised $1,365,255 to match $584,500 in grant awards. CFJ III grantees were extraordinarily successful in their fund-raising efforts, collectively raising $400,000 more than required by their match.


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