Associated Press Launches Nonprofit to Bolster Local Journalism

The new organization aims to raise $100 million to support state and local news coverage and combat the decline of local journalism.

The AP's new 501(c)(3) nonprofit will attract philanthropic funding to enhance local news reporting.
The initiative responds to the growing crisis of news deserts and the contraction of local media outlets.
AP plans to use the funds to support high-quality, nonpartisan journalism and expand state government coverage.
The nonprofit will be governed by an independent board and managed by a newly recruited vice president of philanthropic development.
Content sharing agreements with local nonprofits will help bring state and local news to a national audience.