The Addy Foundation is investing $15 million to support KERA's new headquarters and capital campaign, the station announced Wednesday.

In honor of the gift, KERA will name its headquarters after the North Texas-based philanthropic family foundation founded by Bill and Lydia Addy in 2015.

In a statement, Bill Addy, who's also a KERA board member and co-chair of its Capital Campaign Committee, called the station's work "essential to life here in North Texas."

“Our family is proud to invest in this incredible organization and community resource — and to ensure KERA’s services are here for decades to come,” Addy said.

The gift comes at a pivotal time for public media. Congress rescinded federal funding for public media stations in July, including KERA. That eliminated 8%, or $2.7 milli

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