AOL has announced its entry into community journalism. An AOL subsidiary, Patch Media Corp, has launched Patch.org, a series of hyperlocal news sites. Patch will partner with community foundations and other organizations to launch community news Web sites. At least at this point, AOL says its target markets are communities and neighborhoods that lack adequate news media. Patch.org is a charitable foundation that will return profits to the community it serves. Patch will include both news content and advertising.