The Biggest Nonprofit Media Outlets Are Thriving But Smaller Ones May Not Survive

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Richard Tofel, ProPublica’s president and founding general manager, likes to say the U.S. nonprofit news site was “born on third base.” Indeed, when the Pulitzer-winning outlet launched in 2008, ProPublica had US$10 million in its coffers from Herb and Marion Sandler. The wealthy mortgage bankers gave it a flying start in a sector that remains heavily reliant on foundation grants.

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