What is the Future of the Fairbanks Daily News Miner?

What is the Snedden Foundation and what role does it play in our community?

Join our AAUW meeting on January 16

10:30 am via zoom

for a presentation by Virginia Farmier

She is the executive director and trustee for the Helen E. Snedden Foundation. She first worked for the Fairbanks Daily Newsminer while a junior at Lathrop HS. At that time the Snedden family owned it. She has been affiliated with the paper in many roles, primarily in finance, from 1974-2001 and was on its Board from 1986 to 2001. Her heart is with them! After the death of Mrs. Snedden two foundations were formed which Ms. Farmier has managed. In Dec 2015 the Snedden Foundation purchased the Fairbanks Daily News Miner and has invested its assets into keeping the paper running. Thus currently our paper is owned by a nonprofit Foundation but struggling financially. There are potential ways in the future to keep the paper solvent which she will discuss including its forming its own nonprofit.

The local paper is the heart of a community. It is the source for local news, and its loss would be devastating to Fairbanks. Newspapers are going bankrupt across the country, and our own local publication is in need of stabilizing its resources.

Please join us on Saturday morning to learn of current plans and to ask questions and give input. We will open for brief business and then socialize from 10:30 to 11:00 at which time Ms. Farmier will join us.

Time: Jan 16, 2021 10:30 AM Alaska