The Daily Free Press Fund
$82,409 of $70k goal
Much like any other legitimate newspaper, we are a business, and a vast majority of our funding comes from advertisements. Our costs during the last 44 years have included paying a printer for daily print production, rent, and the many small fees associated with running a business.
In recent years, advertising revenue at The Daily Free Press has decreased significantly, and the organization failed to properly adapt. As of November 1, 2014, The FreeP's total debt is $67,953.19. In response to this deficit, as of the 2014-2015 academic year we have changed from a daily to a weekly print model, emphasizing daily online content . This remodeling has cut our costs by nearly 80 percent, and we expect to it to be much more sustainable. However, our primary creditor and publisher, Turley Publications of Palmer, MA has given us an end-of-the-year deadline to repay a significant portion of this debt, or they will close our account. If we have not resolved a majority of this debt by December 31st, 2014, BU's only print newspaper will cease to exist.
We at The FreeP are appealing to all who are involved with the Boston University community, as well as anyone who recognizes the importance of student journalism. Alumni and alumnae of both BU and The Daily Free Press itself, family members, and unaffiliated individuals with an interest in student publications or journalism in general, we ask that you donate whatever amount of money you can to our beloved FreeP. With your help, we will continue to provide not only news content to the BU and Boston communities, but also a first-rate journalism opportunity for students.
*Back Bay Publishing, Inc, dba The Daily Free Press, is an IRC 501(c)(3) organization to which contributions are tax deductible.
Again, thank you all for your aid along this wildly successful endeavor! We'll be reaching out to each of you with notifications regarding your gifts. Alumni, it's likely that we'll be looking to hold some sort of event for locals to gather, network, and celebrate. We'll be in touch with updates on that, as well as for the purpose of establishing a stronger virtual network that will keep FreeP support strong for years to come.
KeeP on FreePin' on, y'all!
The support from the Boston community, FreeP alums, and the greater sphere of journalists all over has been overwhelmingly encouraging. We can not thank all of you enough for helping to spread the word and donating!
We will be closing the gofundme soon, and we will begin assessing our funds and deciding how to handle the surplus immediately. Updates to come soon! Thank you again to each and every one of you!
The support we've received from BU and FreeP alumni has been outstanding, but what's even more encouraging is the solidarity we've seen from student and professional journalists all across the country.
Remember, if you can't donate, you can still help on social media by linking to the campaign here, and by using #FreePFund.
Thank you, everyone, for all the help thus far!
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Hey Steve, if you didn't get an email confirmation then it might not have worked, you should have a thank you message pop up on the screen if your gift is processed correctly!
Hey can someone let me know if my donation went through? I thought it did, but I don't see it on the right and didn't get an email or anything. Good luck!