Might a nonprofit buy Providence Journal?

Word that A.H. Belo will sell the storied Providence Journal has New England journalists atwitter (so to speak) about whether a big for-profit media chain will buy it or whether a civic-minded nonprofit organization of affluent people with southeastern New England ties will try to acquire it to keep this public watchdog barking loud enough to restrain local scoundrels. There are a few papers around America set up as nonprofits. And Harper's Magazine is a nonprofit foundation -- (501(c)3 in the Internal Revenue Code.