Tue April 15, 2014
IPR Requests Additional Funding from Board of Regents
Iowa Public Radio will be asking the Board of Regents next week to return its funding level for fiscal year 2015 to the amount it received in 2013: $944,800.
That would be $236,200 more than it was scheduled to receive under a strategic plan approved by the Regents three years ago, which gradually reduces Regents funding over a 6-year period.
A key part of the IPR plan is to become independent from university funding by 2017, replacing it with large donor contributions.
In its request to the Regents, IPR says it has been without leadership for an extended period, which has interrupted its efforts to raise corporate and private support.
The document asks for the extra funding from the universities to give new executive director Myrna Johnson and the network’s board of directors time to get a large donor effort off the ground and update its strategic plan.