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News

J-School receives $5 million from Tow Foundation

June 23, 2008

The Tow Foundation today announced significant grants to the Columbia Graduate School of Journalism, and to the City University of New York Graduate School of Journalism, to enhance teaching and research for interactive journalism and new media.

The Tow Foundation gift to the Columbia Journalism School will help establish a center dedicated to the research and teaching of professional journalism in new and emerging media. The $5 million endowment must be matched by an additional $10 million from other sources.

The Tow gift is an opportunity to create a center of excellence that will examine as well as advance and create new forms of digital journalism. As traditional media, including print and broadcast, encounter tightening budgets and changing audience habits, new media are responding to the evolving needs and interests of the public. The gift will help bolster and inform the existing curriculum for the new media specialization as well as other new media initiatives at the Journalism School.

“This gift from The Tow Foundation reflects their vision of a journalism profession that evolves with changing demands and is based on sound research and cutting-edge innovation,” said Dean Nicholas Lemann. “Their generosity is also a reminder and a challenge to those in the field of journalism to turn the obstacles we face into opportunities for growth.”

Read the full Columbia Journalism School press release

Read the Tow Foundation press release

The foundation has made a similar gift to the CUNY Graduate School of Journalism.
Read the CUNY press release

Learn more about the Tow Foundation