Thursday, January 01, 2009

Knight Foundation announces freezes

From Editor & Publisher:

The John S. and James L. Knight Foundation, one of the leading grant providers for journalism, is freezing salaries and leaving open positions vacant to save money, according to Foundation President Alberto Ibarguen.

In an address posted to the organization’s Web site, Ibarguen, former publisher of The Miami Herald, also stressed that, despite tough economic times, the philanthropic group remains economically sound.

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