Jack Shafer has some second thoughts about non-profit journalism:
To borrow a tidy phrase from the business world, donors to nonprofits seek not payouts from their investment but psychic income. They want to feel that their money has done good, or at least caused "evil" some pain. They want to help publish stories that will make Congress to sit up and take notice and pass legislation. The want the major media to chase their stories. They want to publish stories that will convince voters to vote the way they'd have them vote.
Clay Shirky differs.