Excellent collection of letters to the editor in the NYT regarding the recent op-ed piece, "News You Can Endow."
http://www.nytimes.com/2009/01/31/opinion/l31endow.html?_r=2&ref=todayspaper
It's interesting that the idea of foundation ownership of newspapers stirs fears of manipulation of coverage, dark motivation and other questionable influences. The reigning for-profit model doesn't stir concerns? Sure it does. I've talked with too many readers who have such concerns to believe otherwise.
And I have seen now and then over the years examples of how big advertisers such as real estate moguls, auto dealers and big retailers can influence editorial decisions. Didn't happen often, but it happened. Made me want to head for the nearest shower.
I've also seen owners block coverage for personal reasons, e.g., no graphics with female organs in them; no coverage of health studies, and the apparent universal order to never run plane-crash stories on a page that's carrying an airline ad. And there are the Travel section issues.
Concerns about who owns a paper certainly are justified, but any owner who gambles with credibility and upholding core practices is gambling with disaster. Family owners have done that, corporate owners have done that, foundations may follow suit. But I believe foundations would make as good an owner as anyone or group in the private sector. And without the for-profit influences, I'd say odds are foundations would be free to make much better owners firmly, perhaps idealistically, committed to the highest standards and practices.
-- David