Foundation Chooses To Go Out Of Business To Fund Black Paper In Baltimore
A family foundation gave $1 million — nearly all the money it had left — to fund a newspaper covering Baltimore's Black community.
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A family foundation gave $1 million — nearly all the money it had left — to fund a newspaper covering Baltimore's Black community.
The Baltimore Beat received a generous donation from an unlikely source.
In a rare move for philanthropy, Adam Holofcener and his family emptied their foundation’s coffers and gave $1 million — nearly all the money it had left to give — to support Lisa Snowden-McCray’s dream: a free newspaper staffed by Black editors and writers in Baltimore to provide news primarily for the city’s Black residents
In a rare move for philanthropy, Adam Holofcener and his family dedicate almost all of their organization's remaining assets – $1 million – to a single project.
In a rare move for philanthropy, Adam Holofcener and his family emptied their foundation's coffers and gave $1 million -- nearly all the money it had left