Written by Bob Bernick and Bryan Schott | UtahPolicy.com
UtahPolicy.com has learned that soon The Salt Lake Tribune, owned by the Paul Huntsman family, will change from a for-profit entity to a newspaper and nonprofit foundation.
An application for nonprofit status with the IRS was made a month ago, an email to staffers obtained by UtahPolicy.com outlines. Top editors at the Tribune told staffers they expect the IRS will approve their nonprofit applications by the first quarter of next year at the latest.
“For those who couldn’t attend our impromptu staff meeting today, Paul (Huntsman) announced a new path toward our sustainability,” read the email. “The plan is two-fold: He is creating a nonprofit organization to support independent journalism in Utah; and he is converting The Salt Lake Tribune to a nonprofit organization, a first for a legacy newspaper in the U.S.”
