Publication: Can Nonprofits Save Journalism? Legal Constraints and Opportunities
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2009-10
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Shorenstein Center on Media, Politics and Public Policy
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Fremont‐Smith, Marion R. "Can Nonprofits Save Journalism? Legal Constraints and Opportunities." Shorenstein Center Papers 2009, Harvard University, Cambridge, MA, October 2009.
Abstract
Is nonprofit, tax-exempt status the answer to newspaper industry woes? Marion Fremont-Smith’s paper takes a fresh look at legal precedent and IRS rulings to argue that it is possible under current conditions for daily newspapers to qualify for tax exemption, and examines how existing law could be interpreted to allow newspapers nonprofit status.
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