The National Trust for Local News is trying to build a $300 million fund to help save local news

In the crowded field of nonprofits supporting local news ventures, Elizabeth Hansen Shapiro’s National Trust for Local News stands out as something distinct.

Rather than grants, the trust makes investments. Advice and some control come with the help. But the point is for recipients to gather other investors and develop models for serving small-town news deserts that are losing all local coverage.

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