Foundations Pledge $37 Million for PBS, NPR Stations
It all came together through Public Media Company, which established a “bridge fund” for the “most at-risk public radio and TV stations across the country.”
You mean PBS and NPR never needed federal funding? I’m stunned. I’m shocked. Like *totes* shocked.
Not really.
According to The Washington Post, a few foundations have committed to raising $37 million for PBS and NPR stations: The Knight Foundation, MacArthur Foundation, Ford Foundation, Robert Wood Johnson Foundation, Schmidt Family Foundation, and the Melinda Gates-led group Pivotal Ventures.
It all came together through Public Media Company, which established a “bridge fund” for the “most at-risk public radio and TV stations across the country.”
“In addition to the Bridge Fund, Public Media Company will continue to provide organizations with the services, support, and insights they need to thrive and make a lasting local impact,” according to the PMC press release. “Our team remains fully committed to public media’s mission, and we believe in our collective ability to find a way forward no matter how hard the path.”
In May, President Donald Trump signed an executive order ordering those in charge of all agencies to “identify and terminate, to the maximum extent consistent with applicable law, any direct or indirect funding of NPR and PBS.”
PBS, NPR, and the Corporation for Public Broadcasting (CPB), which handed out the funds to the stations, challenged Trump’s executive order since Congress appropriated $500 million for them.
The challenge failed when Congress codified Trump’s cuts in the Rescissions Act.
The Knight Foundation “said about $27 million from collective foundation support is going to the bridge fund while another $10 million will go to directly support organizations, stations and programs in the public media ecosystem.”
PMC CEO Tim Isgitt wants to raise over $100 million over the next two years. He claimed the loss of funds threatened “115 stations serving 43 million people.”
Isgitt hopes to have $50 million by this fall since CPB usually sends PBS and NPR stations their money in November.
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Comments
And I am thrilled to pieces that the progressives want to put their money where their mouths are; mostly they want to forcibly take OTHER people’s money to fund their propaganda and their leftist missions.
Somebody is going to have to forgo a new mink coat for the girlfriend this year, though.
Don’t forget that they’re still getting our school tax dollars.
Let’s also make sure we end Federal grants and any Federal contracts for services to these ‘foundations’ and any other NGO for any purpose.
Oops. Didn’t see your comment before i posted.
“mostly they want to forcibly take OTHER people’s money to fund their propaganda and their leftist missions.”
Oh, they still prefer to do it that way. I’m pretty sure this is just considered a “stopgap” measure until they can get power back and resume raping the populace to fund their pet projects again.
Strange that the “foundations” which pour money into every left wing cause under the sun suddenly found a few bucks to support their mouthpiece after we were told there was no way those stations would be kept open. It’s almost like the stations were grifting off the government and finally someone called them on it.
indeed this is how it is supposed to work
Yep. Now, is there any tax dollars going to these foundations before they make their donations? Because if there is, it just means a detour is being used and you and I are still funding them.
I hope that’s not so.
Great question.
If they’re going to present proggy indoctrination, proggy foundations can pay for it.
Gotta keep funding Dhimmi-crat propaganda, no matter what.
The Party Narrative(TM) must be parroted and propagated.
The Pacifica Foundation has missed an opportunity.
If people have not listened to Radio Pacifica then they should to hear what the radical left really thinks about things. They don’t try to hide their left bias slant.
Here I was thinking that Melinda Gates had signaled her resolve to stop being a gullible chump.
I wonder if she still thinks being married to creepy gates was worth the billions she got in the divorce.
Easy come, easy go.
this is why the gop has got to get tossed the f out and only maga put in place
the left cries and b it ch like children b/c they know the rinos will fold and have a *proud* history of doing so
and here is lefty once again laughing in our faces
thanks $%^&* for paying for our welfare to destroy you no less
so now that the left has proven to be superior once again
stop funding the lefts academic agenda>>>communism
the left will pay for their kids and we will pay for ours
They should both be required to change their name.
Only another $1.05 billion to make up for the federal budget cut. They have some work to do.
Ugh. I was really hoping they would all go away.
Patience. Note that these stations went from a federal funding of $500M/year to $37 million for this year. That’s going to have significant downstream effects and they may not survive. And if they do survive, they won’t be the same.
Maybe conservative religious radio stations should apply for funding from this group and then sue them because they wouldn’t bake a cake for them🤔😂
That amount of funding won’t last long at PBS and NPR. They spend money like drunken sailors on shore leave!
I have a question: are corporate donations tax-deductible? If PBS and NPR retain their non-profit status, they might be these controversial choices for accountants looking for some write- offs.