NPR receives $113 million donation
The donation from Connie Ballmer is the largest single gift from a living donor in the radio network's history.
An additional $33 million was provided by an anonymous donor, further bolstering NPR's financial position during a challenging period for public media.
Management stated that the money will be used to expand the network's reach and invest in new podcasting and digital news initiatives.
The influx of private capital comes as NPR continues to navigate a complex political environment and shifting audience habits.
NPR
American nonprofit media organization
American nonprofit media organization