Bill O’Reilly of Fox News Donates $10,000 to Boston University’s Student Newspaper
That’s a very generous gift. The newspaper was struggling and Bill O’Reilly is an alum who wrote for the paper at one point.
Peter Jacobs of Business Insider reported.
BILL O’REILLY: Here’s Why I Donated $10,000 To Save Boston University’s Student Newspaper
Earlier this week, Boston University student newspaper The Daily Free Press — known as the FreeP — was in serious trouble. Student editors announced that the newspaper, which is independent from the university, had to raise close to $70,000 by the end of the year in order to continue publishing a print version.
The FreeP’s leadership decided to turn to crowdsourced fundraising, launching a page on GoFundMe. As the page explained, even though the paper had seriously cut costs by switching from a daily publishing schedule to a weekly model, their publisher wanted to resolve a significant portion of their debt by the end of 2014.
“As of November 1, 2014, The FreeP’s total debt is $67,953.19 … If we have not resolved a majority of this debt by December 31st, 2014, BU’s only print newspaper will cease to exist,” according to the FreeP’s GoFundMe page.
Two days after launching their GoFundMe campaign, the FreeP announced that they had already exceeded their goal, raising nearly $20,000 from small online donations and receiving two major donations that would save the paper — $50,000 from local car dealer Ernie Boch Jr. and $10,000 from Fox News host Bill O’Reilly.
BILL O'REILLY: Here's Why I Donated $10,000 To Save Boston University's Student Newspaper (Business Insider)