WHY WE INVESTED
The American Journalism Project (AJP) is working to build a new public service media that is governed by, sustained by, and looks like, the public it serves. Since sustainability and success of local news is vital to supporting and strengthening our democracy, access to local news is a public good and should be available to all, whether individuals can pay for it or not.
However, the economics of local news has created tremendous challenges for local media’s ability to fulfill its core democratic functions. In an innovative response to these challenges, AJP is building a venture philanthropy effort that will provide transformative support to nonprofit news organizations through education, mentorship, and investment. Democracy Fund is proud to support AJP’s work to accelerate the growth and sustainability of the nonprofit journalism sector.