The Harold & Arlene Schnitzer CARE Foundation Make $1.5 Million Gift to OPB
Posted September 17, 2007
September 24, 2007, Portland, Ore. -- Oregon Public Broadcasting is pleased to announce an extraordinary gift of $1.5 million from The Harold & Arlene Schnitzer CARE Foundation. Their gift is a challenge grant to encourage additional contributions and grow OPB's endowment to $20 million over the next several years.
"This challenge gift comes at a very important time for OPB as we work to bring new programs to radio, TV, and online and strengthen our role as an essential community resource," said OPB President & CEO Steven M. Bass. "It has long been our vision to build a more stable and predictable source of income – one that ensures longevity, independence and OPB's ability to continue its creative spirit long into the future," said Bass. "Thanks to this commitment, we are on the way to achieving this goal."
"OPB airs programs that make a huge contribution to our lives," said Arlene Schnitzer. "OPB is truly a resource that counts on everyone for its very existence. It needs the support of all those who make up our community – individuals, businesses and foundations! We've been members for more than 30 years and are passionate about helping OPB build a strong financial future. It is our hope that this gift will serve as a catalyst for others to pledge their support to OPB's New Millennium Fund to assure OPB's continued independence," she said.
OPB's endowment currently stands at $14 million. The goal is to grow the OPB Endowment and New Millennium Fund through cash and pledges to $20 million by December 2012.
The Harold & Arlene Schnitzer CARE Foundation provides support for the arts, medicine and the humanities. Arlene Schnitzer has served the state of Oregon with distinction and has received many awards and recognition. Harold Schnitzer is a life trustee of Lewis and Clark College and has served on the board of the Portland Art Museum since 1990 and was chairman from 1997 to 2001. Harold and Arlene Schnitzer received honorary degrees – Doctor of Humane Letters – from Portland State University in 2004 and Distinguished Service Awards from the University of Oregon. In 1995 Harold and Arlene received the prestigious First Citizen Award presented by the Portland Association of Realtors.
OPB is the state's most far-reaching and accessible media resource, providing free access to programming for children and adults designed to give voice to community, connect Oregon and its neighbors and illuminate a wider world. Every week, over 1.5 million people tune in to or log on to OPB's Television, Radio and Internet services. As the hub of operations for the state's Emergency Broadcast and Amber Alert services, OPB serves as the backbone for the distribution of critical information to broadcasters and homes throughout Oregon. OPB is one of the largest producers and presenters of national television programming through PBS, and is also a member station of NPR, Public Radio International (PRI), and American Public Media (APM). The OPB Web site is opb.org.