SABEW to receive $50,000 grant

The Society of American Business Editors and Writers has reached its goal of raising $50,000 to have it matched by a grant from the Challenge Fund for Journalism’s consortium of four national foundations (the Ford Foundation, the John S. and James L. Knight Foundation, the McCormick Foundation and the Ethics & Excellence in Journalism Foundation).
SABEW President Greg McCune said he expects the total drive to total over $60,000 when all donations are counted.
Approximately 317 people contributed to the fundraiser. Ken Baldwin and Paul Steiger were praised by the McCune for their especially generous donations.
The society plans to use the $100,000 to revitalize its technology, allowing it to offer more training and services to members as well as react more quickly to changes in the journalism industry. From the SABEW announcement:

“Our success comes in the wake of last fall’s stock market collapse and the worst financial crisis since the Great Depression, which combined to usher in one of the toughest fund-raising climates in memory,” McCune said.

Read the announcement here.

IMAGE CREDIT: SABEW Web site: http://sabew.com/news/home.htm