Ford Foundation Allocates $50 Million for Public Broadcasting

May 10, 2005  •  Post A Comment

The Ford Foundation said Tuesday it will provide $50 million in grants over the next five years to help public broadcasting feed “the public’s growing appetite for in-depth information and diverse perspectives on national, international and cultural affairs.”

According to a foundation release, $21.75 million of the total has been earmarked for public TV, $13.5 million is supposed to go to public radio and the remaining $14.75 million has been allocated for emerging public media outlets.

“We expect that our grants will help key organizations create innovative programs, formats and distribution systems,” said Susan Berresford, the foundation’s president, in a statement.