MacArthur has announced a $150,000 grant to Radio Bilinge, the only Spanish-language public radio network in the U.S.
We believe it is important to maintain reliable sources of objective information and thoughtful analysis that place American issues and interests in worldwide context, said Jonathan F. Fanton, President of the MacArthur Foundation. Radio Bilinge is the only radio network to produce Spanish-language programming for public radio stations in the U.S. It is important in ensuring that all Americans have access to a diversity of voices about a broad range of matters that affect their lives every day.
Radio Bilinge is a California-based public radio network whose broadcasts address the needs and reflect the aspirations and culture of the Latino community in the U.S. Its Spanish-language programming reaches an audience of more than 430,000 households in the U.S., Mexico, and Puerto Rico. The grant from the MacArthur Foundation will be used to support Radio Bilinges general operations.
merit and promise of continued creative work. Program-Related Investments are loans and equity investments provided at below-market rates for projects that advance the philanthropic objectives of the Foundation, primarily those of the Program on Human and Community Development. With assets, as of January 1, 2005, of approximately $5 billion, the Foundation makes grants of approximately $180 million each year.