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New Nonprofit That Owns Philadelphia Inquirer Has More Than Doubled Its Endowment – And Is On Track To Quadruple It

WORDS Posted: May 5, 2017 7:05 am

“The Lenfest Institute for Journalism, launched in January 2016 with an endowment of $20 million from philanthropist Gerry Lenfest, announced today it has raised $26.5 million in additional gifts from a variety of sources. Impressed by the response, Lenfest says he’s ponying up another $40 million, an amount that will have to be matched.”

WORDS Published: 05.03.17

Read the story in Columbia Journalism Review Published: 05.03.17

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