The Fund for Investigative Journalism gives grants, ranging from $500 to $10000, to reporters working outside the protection and backing of major news ...
Knight Foundation  - Knight News Challenge - a grant program by the Knight Foundation for "ideas and projects that will transform community news."

J-Lab's New Voices  ("a pioneering program to seed innovative community news ventures in the United States. Through 2008, New Voices is helping to fund the start-up of 40 micro-local news projects with $12,000 grants; support them with an educational Web site, and help foster their sustainability through $5,000 second-year matching grants.")
 

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