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Mon Feb 12, 2018, 03:13 PM

PolitiFact gains nonprofit status with move to the Poynter Institute

The Poynter Institute, a nonprofit school for journalists based in St. Petersburg, Fla., has acquired direct ownership of PolitiFact from the Tampa Bay Times, the organizations announced Monday.

The fact-checking website was created in 2007 by the Times newspaper. The Times is owned by Poynter.

The move will allow PolitiFact to function fully as a not-for-profit national news organization, putting it more squarely on footing with other nonprofit newsrooms like ProPublica and the Center for Public Integrity. Poynter already is home to the International Fact Checking Network, an organization that supports fact-checkers around the world.

The transition by PolitiFact also means that contributions to PolitiFactís membership program, called the Truth Squad, will be tax deductible in 2018, as allowed by law. PolitiFact launched the Truth Squad in 2017, and the website reported raising more than $200,000 in donations in its first year.

http://www.politifact.com/truth-o-meter/article/2018/feb/12/politifact-gains-nonprofit-status-move-poynter-ins/

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