It is great to see people willing to put money behind investigative journalism. The Huffington Post Investigative Fund, Alternet, and ProPublica have all shown great promise.
It has been a fun couple of years watching Alternet stories gain traction through Facebook sharing and via retweets on Twitter until they finally show up in the more traditional news outlets.
The set of crises facing publishing today is enough to make the most hardened of journalists curl up in the fetal position: a waning advertiser base, demands from advertisers that remain, depleted and overworked staffs, declining circulation-the list goes on and on…
Such is the case for the Huffington Post Investigative Fund, which launched in the spring of 2009 as an off-shoot of The Huffington Post. The fund (is) … a nonprofit dedicated to investigative reporting … with an initial focus on the economic crisis.
As Arianna Huffington described it at the launch: “The pieces developed by the Fund will range from long-form investigations to short breaking news stories and will be presented in a variety of media, including text, audio and video. And, in the open source spirit of the Web, all of the content the Fund produces will be free for anyone to publish.”
Read the entire story at EcontentMag.com: Funding Funds: The Huffington Post Investigative Fund Finds Support From Big Name Foundations.