The Capital Public Radio Endowment was established in 1987 to create a permanent, self-sustaining funding source with the sole purpose of advancing the mission of CapRadio.
Later incorporated in 1992, the Endowment has supported innovation and creativity for the last 30+ years while helping us weather the ups and downs of the economy.
The Endowment is a symbol of the trust and confidence that our supporters have in this organization. While our annual fund drives and donor engagement activities continue to provide funds for ongoing operations, Endowment funding has been instrumental in helping support key initiatives that allow us to innovate, such as:
- Food and Sustainability reporting
- The CapRadio Garden at Sacramento State
- Acquiring the license to our KUOP station in Stockton
Capital Public Radio Endowment is an independent 501(c)(3) charitable organization, with a dedicated board of directors, including:
President and General Manager
Capital Public Radio
First Vice President – Wealth Management
Lewis Morehead Financial Advisors
Certified Financial Planner
Foord Van Bruggen & Pajak
Senior Software Engineer
Endowment funds are also managed by professional financial advisors. As the overall value of the Endowment increases, so does the income transferable to the operating budget. As of late 2018, the corpus of the Endowment was roughly $1.6 million. Click here for audited financials for FY18 (coming soon).
Many donors have given generously to build this flexible funding source. As with many endowed funds, the principal of the Endowment will never be depleted, and only the investment income is used to fund projects and programs that advance our mission.
When new ideas and opportunities arise, we want to be able to respond thoughtfully yet swiftly. A strong Endowment allows us to do this and is vital to CapRadio’s long-term health.
Your support of the Endowment will have a lasting impact in our listeners, supporters, and communities well into the future.
You can support the Capital Public Radio Endowment in many ways:
Add us as a beneficiary of your retirement plan assets
Establish a Charitable Gift Annuity
Gifts to the Capital Public Radio Endowment may provide attractive tax benefits. We recommend that you consult your legal or financial advisor before making a significant gift.
Legal Name: Capital Public Radio Endowment Inc
Address: 7055 Folsom Blvd., Sacramento, CA 95826
Federal Tax ID Number: 68-0118926