Several philanthropic organizations have pledged nearly $37 million in emergency funding to provide “immediate relief” to public media stations affected by the rescissions package passed by Congress.
The Knight Foundation announced Tuesday it was joined by the MacArthur, Ford, Schmidt Family, and Robert Wood Johnson foundations, as well as the Melinda Gates-led Pivotal Ventures, in committing $36.5 million to keep local public radio and TV stations afloat in the aftermath of President Donald Trump’s $1.1 billion in cuts to the Corporation for Public Broadcasting (CPB).
“Local public media stations are trusted community anchors that connect people to vital news, culture and civic life,” Maribel Pérez Wadsworth, president and CEO of Knight Foundation, said in a release. “This is an urgent moment that calls for bold action. We are proud to stand with our fellow foundations and urge others to join us in securing the future of public media.”
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