The Charlotte News gets timely grant

The Charlotte News has received a $32,685.00 grant from NewsMatch.

This is the fifth year in a row that the newspaper has received a NewsMatch grant, said John Quinney, who has recently retired from the newspaper’s board of directors.

The amounts the newspaper has received have more than doubled from a grant of $15,000 in 2020 to more than $32,000 for 2024.

“These grants matched contributions from our readers and have made a significant contribution to the newspaper’s financial health,” Quinney said. “We’re deeply grateful to the Institute for Nonprofit News, sponsors of the Newsmatch program, and to the hundreds of Charlotters who have shown their support for the newspaper over the years.”

Treasurer Margery McCracken said the newspaper was “pleasantly surprised to learn of additional private donations on top of the base NewsMatch Grant,” coming at a critical time for the newspaper. The newspaper will finish 2024 in a strong financial position, which bodes well with 2025 beginning with some increasing operating expenses, like printing costs rising.

During NewsMatch 2024, 382 participating nonprofit newsrooms leveraged $7 million in funds from the program to generate over $62 million in community support through individual donations and local matches.

NewsMatch is the largest grassroots fundraising campaign to support nonprofit news in the U.S., benefitting members of the Institute for Nonprofit News, according to its website. Since 2017, the campaign has helped raise $400 million to jumpstart emerging newsrooms and support independent media outlets that produce fact-based, nonpartisan news and information.