UALR Public Radio Stations Receive $ 1.5 Million Endowment From Anonymous Donor

An anonymous donor gave the University of Arkansas $ 1.5 million to Little Rock Public Radio.

The university operates two stations: KUAR-FM, 89.1, which broadcasts National Public Radio news programs and a range of national and local programs, and KLRE-FM, 90.5, which broadcasts music classic 24 hours a day, 7 days a week.

It is the largest cash donation to radio stations in its history.

The university announced the donation on air Friday, the last day of the stations’ annual fall fundraiser, which requested $ 150,000 over five days. Donations topped $ 100,000 during the morning walk, with staff and volunteers celebrating loud enough to be heard on air.

“This gift is a wonderful testament to the impact of public radio,” said Nathan Vandiver, CEO of UALR Public Radio, in a press release.

“The purpose of the donation is to provide a continuous flow of operating funds to support UA Little Rock public radio,” Vandiver added in an interview with the Democrat-Gazette. “With this in mind, we will apply this gift to strengthen and extend [our] as a provider of regional NPR news and information, classical music radio station, and local and regional news organization. “

What will be called the UA Little Rock Public Radio Operating Endowment will provide approximately $ 60,000 per year to support reporting, music and cultural programming.

Public radio stations, with a combined audience of around 80,000 per week, the statement said, are part of the university’s College of Humanities, Arts, Social Sciences and Education. They offer professional experience in reporting and program production to students who work as interns and part-time staff.

“This generous endowment provides both stability and a stable source of income that allow us to plan for the future of KUAR and KLRE,” said Christian O’Neal, vice-chancellor for university promotion, in the communicated. “This anonymous donation will leave a lasting impact on our community’s public radio for years to come.”

About Vicki Davis

Check Also

Chattanooga-Based Astec Industries Celebrates 50th Anniversary with $1 Million Scholarship Named for Founder

Half a century ago, J. Don Brock got together with a handful of his friends …

Leave a Reply

Your email address will not be published.