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"Nonprofit news is the very hot thing right now," says Stacy Palmer, chief executive of the Chronicle of Philanthropy.
"Lots of foundations are coming together to save local news."
In fact, the number of local nonprofit news organizations has more than doubled in the past six years, according to data from the Institute for Nonprofit News.
But while some philanthropies are directly funding local news, others are creating nonprofit news organizations of their own.
"There's a tremendous concern in philanthropy about the fact that our democracy fails if we don't have strong, local journalism," Palmer tells the Los Angeles Times.
"For a lot of philanthropies, it's the second cause," she says.
One local philanthropy, the Eli and Edythe Broad Foundation, announced a three-year, $1.15 million grant earlier this year to support a partnership between the News Literacy Project and the Los Angeles Unified School District.
"The News Literacy Project is recognizing that there's been a shift in how people consume and interact with the news, and we really want to make sure that young people develop the skills to be able to interact with news to differentiate fact from fiction and identify reputable and verifiable sources of news and use that news in a productive way," says
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