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Total AP Fund raised amount by end of 2024
5
Resolution / Starting Odds
Less than $70 million • 33%
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Official announcements from AP or financial disclosures from The AP Fund for Journalism
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Associated Press Launches $100M Nonprofit to Tackle Local News Crisis
Jun 25, 2024, 01:15 PM
The Associated Press (AP) is launching a new nonprofit organization, The AP Fund for Journalism, aimed at raising at least $100 million to support state and local news. The AP Fund for Journalism will operate as an independent 501(c)3 charitable organization with a separate board. AP President and CEO Daisy Veerasingham emphasized the critical crisis facing local news, which this initiative seeks to address. So far, the AP has raised $61 million in philanthropic funding, with the goal of raising an additional $100 million. The announcement was reported by Axios on June 25, 2024.
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