News for Digital Innovators
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Wed, November 13, 2013 | 1:13 p.m. PST
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In 2009-2011, despite the recession, U.S. foundations significantly stepped up their funding of media-related projects. According to a new Foundation Center report, 1,012 foundations invested a total of $1.86 billion during that time -- making media the seventh largest area of foundation funding. 12% of media funding came from community foundations.
But foundations still can do more to help meet the information needs of communities, says Knight's Eric Newton.
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