The Associated Press is expanding its philanthropy team to help raise money for its journalism and new initiatives, including boosting local reporting around the country. The organization has hired two new fundraising managers and plans to add more staff to focus on major gifts, planned giving and donor relations. The goal is to raise more money from foundations, corporations and individuals to fund journalism projects, including coverage of underreported communities. The AP is a nonprofit news cooperative and does not receive direct government funding. It relies on revenue from subscriptions and other services provided to thousands of news outlets. The new fundraising efforts aim to supplement that revenue and support the AP’s mission of informing the world.
Source: https://apnews.com/article/reporters-local-ap-foundations-c2c3fced7b46e7f0a6e0ebe6773fde4a