Broadcast Center Capital Fund

Valley Public Radio moved into its new state-of-the-art broadcast center in Clovis, CA in 2016, which the station owns. The roughly $4 million project was the result of investments from station major donors and sponsors, giving KVPR its first permanent home in its four decade history. In addition to cash donations from a capital campaign and station equity, the remainder of the project was financed through a 10 year commercial note with United Security Bank.

Paying off KVPR's mortgage
With the 10 year anniversary of the project's completion coming in 2026, KVPR is launching a special fundraising campaign to pay off the remaining debt ahead of a balloon payment of $673,664 due in August 2026. This loan is the only debt held by the station. Retiring this debt is key to station sustainability going forward, and would free up approximately $40,000 a year for station operations that would otherwise go to principal and interest on the note. As of September 30, 2024, the outstanding principal balance of the note was $703,358.

KVPR is currently seeking donors to help retire this debt ahead and secure KVPR's future. Your investment in public radio's permanent home in the Central Valley will help ensure the programs and services of KVPR continue for decades to come. In many cases, your gift could also have advantages for you, including in gifts of stocks and appreciated assets, qualified charitable distributions from an IRA and more.

Fundraising goal: $700,000

Current amount raised: $149,169

Remaining: $550,831

For information about how you can help please contact Joe Moore at 559-862-2481 or jmoore@kvpr.org