The Public Radio Exchange has received a MacArthur Foundation Award for Creative and Effective Institutions, an annual $500,000 grant awarded only to previous MacArthur grantees with budgets of less than $2.5 million. “By gathering and distributing new programming and using technological innovation to expand content choices, PRX is leading public radio to become more interactive, diverse, and participatory,” the foundation said today in
its release.
PRX explains that it will use the money to upgrade its web service, encourage the development of new PRX content and create a capital reserve that will support the creation of an independent board of directors.
More from the Chronicle of Philanthropy.
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