Donation doubles NPR's annual budget
WASHINGTON -- Former San Diego Padres owner Joan Kroc left more than $200 million to National Public Radio, a bequest more than double the network's annual budget.
This was the biggest event for the network since it broadcast its first show in 1970, NPR president Kevin Klose said.
"We are inspired and humbled by this tremendous gift," he said.
Kroc, a billionaire philanthropist, died of cancer Oct. 12 at 75. The exact amount of her bequest will depend on the settlement of her estate and value of her investments, NPR officials said.
Kroc took over the Padres following the death of husband Ray Kroc, the McDonald's Corp. She remained a high-profile owner until selling the team in 1990.
Copyright 2003 by The Associated Press