INN Starts Backing Nonprofit News Startups

After a 19-month wait to secure its own 501(c)3 status, the Investigative News Network (INN) has started to sponsor nonprofit news projects. “Fiscal sponsorship allows these early-stage nonprofits to accept donations from philanthropists and foundations, allows INN to provide rigorous financial oversight,” says INN’s Kevin Davis. “With this support, new nonprofit projects can increase their chance of long-term success.”

Source: NetNewsCheck

Posted on: May 28, 2013