Can Nonprofit Status Save The Salt Lake Tribune?
It would be the first legacy newspaper to do so.
The 148-year-old Salt Lake Tribune wants to become the first U.S. legacy newspaper to try nonprofit status on for size. Attorneys representing the newspaper are seeking IRS approval for an endowed nonprofit foundation supporting independent journalism in Utah, while also pursuing 501(c)(3) status. If approved, ownership would be transferred from owner Paul Huntsman to a public board.
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