Gifts other than cash (appreciated stock, life insurance policies, charitable remainder trusts, etc.) to benefit Alamo Public Telecommunications Council (KLRN) are designated for the KLRN Endowment Fund, Inc.
The KLRN Endowment Fund, Inc. (The Fund) was chartered April 4, 1994. The Fund has grown to over $1.2 million. Currently a number of unfulfilled bequests have been reported. The principal of the Fund is managed by Austin, Calvert & Flavin, Inc. The goal of The Fund is to continue its slow, steady growth and eventually reach $11 million.
The primary source of future funding will be through bequests.
Purpose –
- To enable KLRN to make the long-range commitments necessary to improve the efficiency and effectiveness of station operations and local productions.
- To allow KLRN to maintain its lead in providing unparalleled educational services, universal access to its broadcast services, community responsiveness, outreach activities and outstanding programming.
Any gift of $100,000 or more becomes a named fund within the Endowment Fund, Inc. Donors may designate the purpose of named funds.
For further information, contact Cynthia Shields at cshields@klrn.org or 210.270.9000, ext. 2222.
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