National Public Radio will announce today the largest donation in its history, a cash bequest from the will of the late philanthropist Joan Kroc of about $200 million.
NPR in Washington has an annual operating budget of $100 million. The majority of this gift will go to the NPR Foundation as a permanent endowment. Member stations like VPR provide about half, or $50 million of NPR's budget. Foundation grants, national underwriting, and other sources make up the rest of the money.
The Corporation for Public Broadcasting (CPB) provides no direct support for NPR, but rather receives an appropriation of $300 million which comes to local public TV and Radio stations in the form of Community Service Grants. VPR's grant in FY'03 was appr. $500,000 out of a total budget of $4.6 million.
Best New Blog finalist - 2003 Koufax Awards
A non-violent, counter-dominant, left-liberal, possibly charismatic, quasi anarcho-libertarian Quaker's take on politics, volleyball, and other esoterica.
Lo alecha ha-m'lacha ligmor, v'lo atah ben chorin l'hibateyl mimenah.