Philanthropists Laura and John Arnold. The Laura and John Arnold Foundation is among three local philanthropies investing more than $20 million to launch an independent nonprofit news outlet in Houston,. Nancy and Richard Kinder. The Kinder Foundation is among three philanthropies investing more than $20 million to launch an independent nonprofit news outlet in Houston. Three local foundations are investing more than $20 million to launch an independent nonprofit news outlet in Houston, entering the city’s competitive media landscape.