New Report Shows Growing Role of Philanthropy in Shaping the Media Landscape
New York, NY — November 12, 2013. Foundation support for media is growing at nearly four times the rate of domestic giving in other areas, with $1.86 billion invested between 2009-2011, according to a report released today. The report,Growth in Foundation Support for Media in the United States, is a collaboration among the Foundation Center, Media Impact Funders, and the John S. and James L. Knight Foundation, and provides the most comprehensive view to date of philanthropy’s role in the media funding landscape.
Answering a demand for data in this area, the report provides a chronological view of media-related funding across organization types and areas of focus, providing a benchmark for further progress. The report is part of a larger project that includes an interactive data visualization tool and knowledge center that open up the findings for further analysis.