Support WKAR
1:00 am
Fri June 4, 2010

Leadership Giving - Endowments

Endowed funds are a conservative and intelligent way to guarantee the future of public broadcasting -- radio and television -- and enhance the quality of programming, education and outreach undertaken by the stations.

Endowed funds provide the resources necessary to allow WKAR and Broadcasting Services to maintain and enhance its position as mid-Michigan's public broadcasting source.

Endowed funds also allow you to leave a legacy in your name or in recognition of any individual(s) you wish to honor.

As you consider how you might make a gift to WKAR, please consult your attorney, CPA or professional advisor for details regarding your personal tax situation.

Endowments at WKAR
WKAR is fortunate to be the beneficiary of endowments that help support WKAR Radio, WKAR-TV or both.  These endowments enable the stations to produce local programs, purchase national programs and provide general support for our music and news operations as well as community outreach through the WKAR Radio Reading Service.

As of June, 2010 the total market value of all WKAR endowments equaled $1,016,454. 

WKAR Radio Endowments

Walter Adams Endowment for WKAR Radio
Earnings shall be used to sponsor specified days on WKAR-FM through WKAR Radio's Day Sponsor Program.

Marian Aldrich Schilling Endowment for Classical Music
Expenditures from the Endowment will be used to support broadcasts of classical music performances by musicians in the WKAR broadcast area, in accordance with the requirements set forth in this agreement.

Michigan Braille Transcribing Fund Endowment for WKAR Radio Reading Service
The funds shall be used as a discretionary endowment to support the WKAR Radio Reading Service.

Classical Music Endowment for WKAR
Expenditures from the Endowment will be used to support a classical music service for WKAR. This endowment is to be used to support WKAR's classical music service

The Geraldine Curtis Endowment for WKAR Radio Reading Service
Funds generated from this endowment will be used to support general operations of the WKAR Radio Reading Service.

Mendenhall Endowment for Classical Music on WKAR
Expenditures from the Endowment will be used to support a classical music service for WKAR.

Marilyn Mook Staff Development Endowment
Monies generated shall be used annually to support staff development programs and/or expenses of WKAR-Radio. The funds may also be used for fundraising staff of WKAR-TV for staff development purposes. The monies shall not be used for equipment purchases, debt retirement or salary expenditures. Decisions will be at the discretion of the Director of Broadcasting Services in consultation with the Station Manager and Director of Development.

WKAR Radio Endowment Fund
This fund will be used annually support general programs and/or operating expenses.

WKAR-TV Endowments

Walter Adams Endowment for WKAR TV
Earnings shall be used primarily but not necessarily exclusively to support local programming and local program production at WKAR TV.

Lucille and Ahmed Dardiri Endowed Fund for WKAR-TV
Expenditures from the Endowment will be used, but not limited to, acquisition of programs to be broadcast on WKAR-TV. Furthermore, funds may also be used for the production of local programs produced by WKAR-TV. All of this will be at the discretion of the Director of Broadcasting Services, in accordance with the requirements set forth in this Agreement.

Maxine A. Eyestone Endowment Fund for WKAR TV
Earnings shall be used to support local program production at WKAR-TV with preference given to those programs with the potential for national distribution.

WKAR TV Endowment Fund
This fund will be used annually support general programs and/or operating expenses.

Endowments Supporting both WKAR Radio and WKAR-TV

Suzanne Blanchard Brook and Robert Charles Brook Family Endowment for WKAR
The endowment is to be used to support WKAR-TV and Radio to help obtain national news and news talk programs.

Georgann Reppert Endowment for WKAR
Expenditures from the Endowment will be used for purposes determined at the discretion of the Director of Broadcasting Services at Michigan State University.

Jo Ann Shumway Endowment for WKAR
The endowment is to be used to support WKAR-TV and WKAR Radio to help obtain quality educational programs from sources like PBS and NPR, i.e. news and current events, historical, areas and travel and classical music. Excludes any jazz programming.

Testamentary Endowments
Testamentary endowments are funded through bequests or trusts.  These endowments provide income once the accounts are funded through these estate gifts.

Barbara D. and Donald R. McMillan Endowed Fund for WKAR Radio
To support the development, production, and enhancement of programming on WKAR Radio with emphasis, when possible, on local political and community programming

Barbara D. and Donald R. McMillan Endowed Fund for WKAR-TV
To support the development, production and enhancement of programming on WKAR-TV with emphasis, when possible, on local political and community programming

Shelley and Richard Pulliam Endowment for WKAR Programming
Expenditures from the Endowment will be used to support Broadcasting Services.

updated 6/4/10

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