As we witness the waning of 2011, I’m extraordinarily gratified and honored to be able to announce the realization of a long-held aspiration for Penn State’s campus student radio station.
Earlier this month the Penn State Student Radio Alumni Interest Group (SRAIG) reached its goal of raising $25,000 to establish a permanent endowment for the benefit and, ultimately, the long term sustainability of student radio for the station’s global audience.
I was active with The LION 90.7fm (WKPS) during my time at Penn State, and have been on the SRAIG Board of Directors since its launch in 2009. The SRAIG is a non-profit affiliate of the Penn State Alumni Association, and our endowment is held and stewarded by Penn State University itself.
The interest revenue generated by the endowment can be directed to the needs of student radio from year to year, at the discretion of the SRAIG board. In the coming months and years, the board will continue to grow the endowment with the help of our tremendous membership.
To all those who have given to this campaign, a warm and sincere Thank You! Some believe work like this — legacy projects like ours — is the purpose of life. Whatever your beliefs, it’s humbling to have partaken in building something that will outlast any one of us, and hopefully help young media stars for decades to come.
It’s energizing to have reached this endowment goal so quickly (within 24 months) and especially during 2011, the 60th anniversary of student radio at Penn State since its founding as WDFM with the Senior Gift of the Class of 1951.
The video message I recorded above and the note below were sent to our 1,300+ membership on Dec. 23 as something of an early Christmastime gift.
As a special, early “Christmas gift” to the generations of WDFM, WPSU and WKPS alumni, the Board of Directors of Penn State’s Student Radio Alumni Interest Group and the student leadership at The LION 90.7fm (WKPS) are pleased and proud to announce a very important milestone in the history of campus radio in Happy Valley:
As of this week, principal on the Robert K. Zimmerman Memorial Endowment for Student Radio at Penn State has exceeded $25,000, the benchmark set by the University for its activation and permanent status! Beginning next year, interest on the endowment will be available to support the operational needs of the radio station.
This major accomplishment comes only 24 months from the start of fundraising efforts and in conjunction with the 60th Anniversary of student radio at Penn State (1951-2011). In the years to come, this growing endowment will help ensure a bright future for independently programmed and operated student broadcasting at Penn State.
As we close out this most difficult year for our alma mater, take this news as just another among countless examples of the great things that happen every day at Penn State. We hope you share good comfort and cheer with family and friends this Christmas season and wish you the very best for 2012!