The focus of the grant money is to assist grassroots digital journalism. The Knight Foundation was the recipient of a $2 million award. The other $3 million will be given to non-profit groups outside the U.S.
The Knight News Challenge will use $1 million of the donation. The News Challenge has spawned journalism projects such as EveryBlock, which was later bought by MSNBC, and Spot.us.
Below is a video clip from last year's News Challenge winner:
Print journalism has suffered from the growing popularity of online news, a paradigm shift spurred by Google. Efforts by Google to smooth the transition were highlighted in a lengthy feature in the Atlantic.