Listen: Tom Thomas on MPR endowment
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Minnesota Public Radio announced yesterday that it's selling its for-profit catalog company to the Dayton Hudson corporation for 120 million dollars. About 90 million dollars in proceeds from the sale are expected to go into MPR's endowment... which would make it the largest in all of public broadcasting. Tom Thomas is with the Station Resource Group, an Washington D.C.-based organization of public radio stations from around the country. He says endowments are a relatively new development in public radio.

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In 2008, Minnesota's voters passed the Clean Water, Land and Legacy Amendment to the Minnesota Constitution: to protect drinking water sources; to protect, enhance, and restore wetlands, prairies, forests, and fish, game, and wildlife habitat; to preserve arts and cultural heritage; to support parks and trails; and to protect, enhance, and restore lakes, rivers, streams, and groundwater.

Efforts to digitize this initial assortment of thousands of historical audio material was made possible through the Minnesota Legacy Amendment’s Arts and Cultural Heritage Fund. A wide range of Minnesota subject matter is represented within this collection.

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