posted on 2024-07-12, 22:57authored bySaba ElGhul-Bebawi
The community radio sector in Australia has been experiencing rapid growth as a result of the increase in the number of licensed radio stations. However, Australian government funding has not proportionally increased, thus threatening the financial viability of many community radio stations. A key issue to be addressed is the need to find ways to enhance community radio's sources of funding without imperilling its status as a not-for-profit sector. Philanthropy is therefore an option that community radio stations could cultivate and develop. Philanthropy and community radio have a lot in common, as they are both connected in their mission. Philanthropy involves active community capital building and community radio is dedicated to offering media services to the community. Common objectives can lay a solid foundation for a pro-active financial relationship. This paper looks into the nature of philanthropy and explores the opportunity of it acting as a potential source of income for community media in Australia.