KBPS gets $250,000 challenge grant

The nonprofit radio station, All Classical 89.9 KBPS in Portland, Ore., will receive $250,000 from a local foundation if it can raise that much for its capital campaign.

The pledge from the Paul G. Allen Family Foundation, created by the co-founder of Microsoft, is designed to help the radio station purchase the Federal Communications Commission license held by the Portland Public Schools at a cost of $5.5 million.

The capital campaign, called “A Permanent Home On Your Dial,” has raised $4.7 million to date, and the station aims to complete purchase of the license next year.

KBPS was established in 1983 and broadcasts classical music and information on the fine arts to listeners in Oregon, Washington State and over the Internet.

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