IRS Grants Salt Lake Tribunes Request to Become a Nonprofit
Six months ago, in an unprecedented move for a legacy newspaper, the 148-year-old Salt Lake Tribune applied for nonprofit status with the Internal Revenue Service. In doing so, owner Paul Huntsman agreed to turn over ownership of the newspaper to a public board of directors. On October 29, the IRS approved the newspapers request for 501(c)(3) nonprofit status, making it possible for supporters to make tax deductible donations to support the newspapers work. The approval, which came sooner than expected, is the first time the IRS has granted nonprofit status to a daily newspaper.
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