Lakeshore Public Media recently was awarded $25,000 from the Legacy Foundation as part of its endowment building challenge grant.
Lakeshore, which oversees Lakeshore PBS and Lakeshore Public Radio service, was one of four organizations selected to participate in the endowment building challenge. Legacy Foundation, Lake County’s community foundation, matched $1 for every $2 raised in contributions.
Local organizations could receive a maximum amount of $25,000 by raising $50,000.
“We hit the maximum challenge match with a recent contribution to the endowment from a bequest from the trustees of the Marjorie A. Mills Loving Trust,” said James Muhammad, president and CEO of Lakeshore Public Media. “This is part of a total $250,000 bequest that the Marjorie A. Mills Loving Trust made to Lakeshore PBS in the last few months, in support of our ongoing efforts to promote arts across the Region as well as presenting artistic programming from around the world.”
The Legacy Foundation's Endowment Building Challenge was created to bolster membership drives, encourage support from additional foundations and organizations, and ultimately support Lakeshore Public Media’s ongoing mission.
“It’s an incredible accomplishment for our organization to have a $75,000 endowment fund building long-term financial sustainability that will help us provide quality arts, culture and public affairs programming in Northwest Indiana and Chicago for years to come,” said Carl Kurek, vice president of development for Lakeshore Public Media.
Muhammad the money raised will fund programming costs and infrastructure improvements.
