PBS NewsHour receives $3.5 million in support from multiple foundations
May 31, 2012
PBS NewsHour recently announced that it had received $3.5 million from the John D. and Catherine T. MacArthur Foundation, the Carnegie Corporation for New York, the David and Lucile Packard Foundation and The Rockefeller Foundation.
The funding will enable PBS to continue covering topics such as the economy, health, science, education, arts, international developments and the upcoming presidential election by allowing the organization to send news correspondents and reporters across the country. In addition, the grants will support the PBS NewsHour Digital Election Data Center and its YouTube-based platform, called "Listen to Me," which helps viewers access translated political speeches.
"For many television stations, advertisers are a lifeline. But for PBS, viewers are the lifeline," said Carnegie Corporation president Vartan Gregorian. "Today, as harsh economic realities continue to take a toll both on the quality and quantity of news sources, the NewsHour remains dedicated to the highest standards of journalism around both national and global issues and events."
Organizations such as PBS that require charitable contributions to fund operations could benefit from grant management software
, which facilitates the tracking of funds as they are raised and monitors progress toward fundraising goals.