Overview

• Seven philanthropies announced a $36.5 million initial commitment toward a $50 million goal to bolster local public media this year.
• Knight Foundation pledged $10 million to the joint effort, and MacArthur committed an additional $10 million in direct support outside the pooled fund.
• Organizers earmarked $26.5 million for the Public Media Bridge Fund to provide grants and low‑interest loans to vulnerable outlets.
• The Bridge Fund said it will finalize eligibility and criteria in late September before notifying local leaders of funding opportunities.
• The initiative prioritizes small, rural, and Native‑serving stations and, according to organizers, will also reach independent outlets beyond the NPR and PBS networks.