St. Louis Beacon Announces $2.6 Million in Gifts

A prominent example of nonprofit newsgathering has announced some big boosts to its bottom line. The St. Louis Beacon, an online news service founded in 2009 by former employees of the St. Louis Post-Dispatch, has received $2.6 million in gifts and pledges.

The bulk of the money comes from two donors. Emily Rauh Pulitzer, founder and chair of the Pulitzer Foundation for the Arts, gave the Beacon $1.25 million. Pulitzer is also a former board member of Pulitzer, Inc.,

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