A group of Eden Prairie, Minnesota,
residents has started a charitable fund at the Eden Prairie Community
Foundation to support a news start-up.
The Eden Prairie Local News Group (EP-LNG) is creating a
nonprofit news model with a mission to create reader- and business-supported,
public-service journalism in Eden
Prairie. The nonprofit route will preserve local
control and enable the start-up to tap additional revenue streams not available
to for-profit models, including tax-deductible donations and foundation grants,
says a news release on the effort. Since it’s not yet a 501(c)(3), the group is
using the Eden Prairie Community Foundation as its fiscal sponsor, the release
says.
The group recently conducted an online survey in Eden Prairie. Among more
than 430 respondents, 99.5 percent favored the start of an organization focused
on local news.
Sixty-three percent are willing to pay a subscription for
receiving local news.
More than 60 individuals offered to help in some other
way, as an advertiser, writer or advisor to the start-up.
The EP-LNG will begin with a news website and grow,
focusing on Eden Prairie with news generated by Eden Prairie residents.
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