3 ms·
You can see details of ProPublica’s funding here: https://www.propublica.org/reports https://www.propublica.org/reports $43 million budget in 2023. Looks to
by greenburger 2y ago
You can see details of ProPublica’s funding here:
https://www.propublica.org/reports https://www.propublica.org/reports
$43 million budget in 2023.
Looks to me like typical American non-profit funding. Several significant donors rather than an “angel”.
- tootie 2y agoDidn't mean to imply one person funds the whole thing out of their pocket, but it's likely that the chairman, Paul Sagan, is both giving a ton and recruiting a lot of other wealthy people. Maybe a quarter or less of revenue comes from donations <$10K. That's not uncommon, but I don't think it's how most non-profits are funded. Either way, my point is that they could not sustain themselves as a for-profit business by just selling ads or subscriptions. And they are very much dependent on staying in the good graces of a small handful of people.