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Knight Foundation Annual Report Downloadable

The John S. and James L. Knight Foundation 2006 annual report is online and download. Since the foundation is pushing for journalism change, it provides a reader a sense of the foundation’s priorities. The second round of the foundation’s Knight News Challenge is also up and running. Here is the pitch:

Knight Foundation has launched year two of the Knight News Challenge and plans to award as much as $5 million for innovative ideas using digital experiments to transform community news. Applications will be accepted until Oct. 15, 2007.

Do you have a big idea for building community using bits and bytes? Cell phone documentaries? New operating software for news collectors? Journalism games? Nothing is too far out to qualify. With the slogan “You Invent It. We Fund It!” the contest is open to community-minded innovators worldwide, from software designers to journalists to citizens and students of any age.

Here is where to apply. Here is who won the first round.

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