About AJPWe are focused on growing and sustaining an independent local press by building business and technology capacity in local Civic News Organizations. Our three core functions [documented as goals in this StratML rendition]Our portfolio of grantees are pioneering a new economic model: sophisticated commercial media strategy and tactics supported by a step-function increase in journalism philanthropy.American Journalism ProjectAJP_717b4812-05d1-11ea-b254-21cb1283ea00The American Journalism Project is the first venture philanthropy nonprofit focused on local news.CommunitiesOur work is grounded in an understanding of the severity, urgency and scope of the local news crisis as market forces continue to fail our communities.Through transformative investments to Civic News Organizations, we are building a new public service media that is governed by, sustained by and looks like the public it serves.Civic News OrganizationsThrough transformative investments to Civic News Organizations, we are building a new public service media that is governed by, sustained by and looks like the public it serves.Institute for Nonprofit NewsCivic News Ecosystem -- Today, the Institute for Nonprofit News represents more than 200 newsrooms across the country, who together employ more than 4,000 journalists. In many places, these reporters are the only ones covering local government, school, and other community issues.The best of these organizations can become exemplary models with support from the American Journalism Project.AJP FundersKnight FoundationArnold VenturesEmerson CollectiveCraig Newmark Philanthropic Fundfacebook Journalism ProjectChristopher BuckDr. Hara SchwartzDemocracy FundErin ThorntonJohn ThorntonOur nation’s local news crisis is solved_717b4984-05d1-11ea-b254-21cb1283ea00To build a new public service media_717b4a24-05d1-11ea-b254-21cb1283ea00Venture PhilanthropyThe economics that supported the news industry for most of the twentieth century are no longer viable. As a result, the civic function news provides is under threat.We founded the American Journalism Project to help combat this threat. In other sectors, venture philanthropy has created sustainable new ecosystems that fill gaps left by the market. We are doing the same for local news.What is Venture Philanthropy?Venture philanthropy provides entrepreneurial nonprofits and promising leaders with the same kind of capital, close support, and ongoing partnership that is available to for-profit companies. Successful investments lead to sustainability and mission-driven success.SustainabilityMission-Driven SuccessDemocracyOur Beliefs --Our approach to solving our nation’s local news crisis is based on three interlocking beliefs.* Democracy and journalism are interdependent.* Local news is a public good that markets won't supply.* This is a We, the People, problem to solve.JournalismPublic GoodsProblem SolvingGrantsMake course-altering grants to a set of enterprising civic news organizations_717b4af6-05d1-11ea-b254-21cb1283ea001Civic News OrganizationsWe are raising $50 million for our initial fund to support a portfolio of 25-35 Civic News Organizations across the U.S. — at various stages of development — that can serve as exemplars for a new generation of local news outlets.Ecosystem LeadersCritical to leading and lifting whole fieldHigh Potential NewsroomsReady to evolve into media enterprisesPromising StartupsHave replicable or scalable models_717b4b82-05d1-11ea-b254-21cb1283ea00CoachingProvide coaching and support from industry experts and peers_717b4c18-05d1-11ea-b254-21cb1283ea002_717b4cae-05d1-11ea-b254-21cb1283ea00FinancingCatalyze financial support for independent local news_717b4d44-05d1-11ea-b254-21cb1283ea003PhilanthropistsWe welcome support from philanthropists, family foundations, institutional funders, and corporate partners who understand the urgency of the decline in local news and the threat to our democracy.Family FoundationsInstitutional FundersCorporate Partners_717b4dd0-05d1-11ea-b254-21cb1283ea002019-11-12http://www.theajp.org/who-we-are/OwenAmburOwen.Ambur@verizon.net