As news organizations struggle with declining revenue, philanthropy is becoming an increasingly important source of support for journalism. At the iMEdD International Journalism Forum 2024 in Athens, experts from leading philanthropic and journalism organizations gathered to discuss how newsrooms can build lasting donor relationships and secure funding.
Moderated by Bridget Gallagher, the panel featured insights from Lolly Bowean (Ford Foundation), Marcia Parker (The New York Times), Marina Walker Guevara (Pulitzer Center), and Peter Matjašič (Investigate Europe). They emphasized the need for newsrooms to demonstrate sustainability in their proposals and to understand the philanthropy-journalism dynamic.
While philanthropy offers essential support, the challenge remains: global funding is unevenly distributed, with only 5% of journalism funding reaching Europe and 3% going to Africa.
For more detailed takeaways from the discussion, you can read the full article by Alexa van Sickle from GIJN here
