NC Local News Lab Fund receives $1M from Kate B. Reynolds Charitable Trust

The North Carolina Local News Lab Fund at the North Carolina Community Foundation announced a major $1,050,000 gift from North Carolina funder, the Kate B. Reynolds Charitable Trust. This is the single largest gift in the NC Local News Lab Fund’s history. The majority of funds will go toward general operating grants, with the remaining funds to be directed toward the Fund’s operating support.

“This transformational gift from the Kate B. Reynolds Charitable Trust will help grow our grantmaking capacity and bring us closer to a fully resourced news and information ecosystem that is resilient, sustainable, and inclusive,” said Lizzy Hazeltine, director of the NC Local News Lab Fund. 

Since 2017, the NC Local News Lab Fund has deployed more than $2.4 million in grants backed by a coalition of funders who believe that reliable news and information networks are essential to healthy communities and a healthy democracy. The crucial support of the Kate B. Reynolds Charitable Trust will allow the Fund to strengthen its existing network of trusted messengers who provide accurate, reliable news to local communities, despite having been historically excluded from traditional philanthropy due to racial and systemic inequities. 

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