Project summary: $100,000 in Minneapolis/St. Paul, Minn.
MinnPost.com, considered a leader among online news start-ups, is growing – attracting 150,000 unique visitors monthly. However the site, which serves the Greater Minneapolis/St. Paul area, is not yet profitable. This grant will help the Minneapolis Foundation introduce local donors to funding media initiatives. Donors will be able to fund a beat at MinnPost.com, such as education or economic disparities. To ensure wide distribution, the reports will be available for free to print news outlets and ethnic and community weeklies. The donors’ gifts will be matched by the Minneapolis Foundation, and that combined amount will be matched by Knight Foundation.
Recipient: The Minneapolis FoundationAbout the organization: Established in 1915, The Minneapolis Foundation is one of the nation’s oldest and largest community foundations. It manages more than $680 million in assets, administers more than 1,000 charitable funds created by individuals, families and businesses and distributes more than $35 million in grants each year. The foundation also works with others to improve the quality of life in the region and serves as a catalyst for dialogue and action on critical issues in the community.
