Anne Hovland, PRC’s Development Director since 2007, will be transitioning to a consulting role with PRC. She will take assignments from time to time that apply her more than 30 years of experience in development and marketing to advance the mission of PRC, and on occasion, PRC’s clients. Co-Founder and Managing Director Marc Hand noted, “Anne’s commitment and contribution to public radio and our company
Public media organizations can apply for funds that will underwrite 2/3rds of in-depth PRC consultancies aimed at growth strategies Boulder, Colo.—(Nov. 12, 2012) Public Radio Capital (PRC) today announced that New York based nonprofit FJC: A Foundation of Philanthropic Funds has established a $100k fund at PRC to spur growth and innovation in public broadcasting. The Revolving Public Media Fund (RPMF) will initially subsidize PRC’s
Public Radio Fund has been selected for the ImpactAssets 50 2012, an open-source, publicly published database of experienced private debt and equity impact investment fund managers. The ImpactAssets 50 2012 is a resource for advisors and investors seeking to respond to the growing demand for investment opportunities that deliver both financial and social or environmental returns. For additional information on this resource, see http://www.impactassets.org/impactassets-50.
Public Radio Capital did extensive business modeling for St. Louis Public Radio and brokered its recent acquisition of Quincy University’s public radio station WQUB 90.3 FM in Quincy, Ill. This expansion preserves the station’s signature programming and renews support for civic events and local cultural programs, while also bringing additional programming, such as “Talk of the Nation” and “Marketplace,” to the people of Quincy. St.
Marfa Public Radio Staff, photo by Chase Lindley The Public Radio Fund loaned $175,000 to Marfa Public Radio (MPR) in West Texas as acquisition financing for the purchase of 91.3 FM and related broadcasting equipment. This expansion brings MPR services into the metropolitan region of Midland-Odessa, increasing the station’s coverage area from 10,000 people to 250,000 people. Renowned nationally for its life saving crisis response
Public Radio Capital (PRC) today announced that Susan Harmon will retire from her position as managing director at the end of 2011. Harmon co-founded the organization with Marc Hand in 2001. Harmon will continue to serve on the PRC board as well as on the Public Media Company (PMC) board. PMC was founded in 2011 by PRC. The PRC board has named Ken Ikeda to
The Public Radio Fund was selected as a leading fund manager by newly launched ImpactAssets 50, a global database of leading private debt and equity fund managers that deliver social and environmental value in addition to financial returns. Public Radio Fund’s manager Erin Moran, recipient of a 2011 CFO of the Year award from the Denver Business Journal, commented, “We are pleased that the Public
In May 2011 Erin Moran, CFO/COO of Public Radio Capital and the Public Radio Fund manager, received the CFO of the Year award for Small Companies from the Denver Business Journal. “I have been fortunate to work with Erin for more than nine years on a variety of financing projects and her leadership, insights and creativity have been invaluable to Public Radio Capital,” said Fred
PBS SoCal (formerly KOCE-TV) is PBS’s flagship station in Los Angeles, Calif. A $500,000 revolving line of credit loan from the Public Radio Fund provides working capital to assist PBS SoCal as it expands its services. Currently, PBS SoCal is building a new studio in its building to expand programming capabilities. In February 2011, they added the WORLD Channel to their multiple viewing platforms, which
Public Radio Capital brokered Northern Kentucky University’s acquisition of 105.9 WPFB AM/FM and 104.1 WPAY FM as part of a network of stations that will broadcast the 89.7 WNKU public radio signal to more than 3.3 million people. This acquisition will expand the station’s signal into 16 Kentucky counties not currently served by the station. The two new stations will expand WNKU’s coverage by an