Local foundations are becoming important players in the local news ecosystem by funding news and information projects or creating their own.
Ten types of projects they fund inlude Community Archive, Local Action Center, Contest, Mobile, Data, Citizen Media, Ecosystem Support, Student Journalism, Public Broadcasting, and Professional Journalism.
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Senay Ataselim-Yilmaz, Chief Operating Officer, Turkish Philanthropy Funds, writes that philanthropy often solves the very problems that stems from market failure. Some social issues, however, Â cannot be tackled by questioning the return on investment.