AP Wire | 04/30/2006 | Nonprofits worried about funding without Knight Ridder

AP Wire | 04/30/2006 | Nonprofits worried about funding without Knight Ridder: "SAN JOSE, Calif. - Silicon Valley nonprofits and arts groups are worried about how they'll meet their funding needs after Knight Ridder Inc., one of their biggest corporate donors, is acquired this summer.

Nonprofit groups are spreading the word that they will need new donors after the San Jose-based newspaper company, which owns the San Jose Mercury News and donates about $2 million each year, is bought by Denver-based MediaNews Group Inc.

Since Knight Ridder moved its headquarters from Miami to Knight Ridder in 1998, it has given Opera San Jose $25,000 to $50,000 a year, said Irene Dalis, the opera's founder and executive director."

Tags: Corporate funding