Major philanthropies are stepping up to offset some of the cuts to public television and radio, Benjamin Mullin reports in The New York Times (gift link). But will it be enough? And what possible downstream effects might there be on local news organizations that also depend heavily on foundation money?
As we all know, the Republican Congress, acting at the behest of Donald Trump, eliminated funding to the Corporation for Public Broadcasting earlier this summer. The CPB, a semi-independent agency, had been set to spend $500 million over the next two years.
PBS and NPR receive most of their funding from grants and donations by, well, viewers and listeners like you, but their member stations — especially in less affluent and rural areas — are more dependent on government funding. Both national networks have been cutting their budgets in an attempt to help their member stations survive.
According to Mullin, foundations such as Knight, MacArthur, Ford and others have come up with an emergency $26.5 million to keep those stations afloat with a goal of reaching $50 million this year. “We believe it’s crucial to have a concerted, coordinated effort to make sure that the stations that most critically need these funds right now have a pathway to get them,” Maribel Pérez Wadsworth, the president and chief executive of the Knight Foundation, was quoted as saying.
