The John S. and James L. Knight Foundation has announced a $1.5 million grant to the Texas Tribune in support of the nonprofit media organization's efforts to refine its model for sustainable local journalism.
The Tribune will use a portion of the grant to hire two fellows to explore new revenue models, including the creation of premium content for specific audiences. The fellows will document their experiences and share the successes and failures of similar ventures on a new Web site. The remaining $1 million will be added to an existing endowment to help ensure the organization's long-term sustainability.
The grant builds on Knight's initial support for the organization in 2010. "Since its launch three-and-a-half years ago, the Texas Tribune has shown the vision, tenacity, and adaptability that is needed to build a thriving news organization," said Michael Maness, vice president for journalism and media innovation at the foundation. "Our investment will help them build on that progress and spread their lessons and best practices throughout the field."