Draper Holdings Business Trust
| Company type | Private |
|---|---|
| Founder | Thomas H. Draper |
| Headquarters | |
Key people | Molly Draper Russell, CEO |
The Draper Holdings Business Trust is a business trust company, located in Milton, Delaware.[1] It is led by Molly Draper Russell, who inherited the company from her father, Thomas Draper, upon his death in 2018.[2]
The philanthropic division of the trust, Draper Holdings Charitable Foundation, Inc., includes WBOC's "Bless Our Children" program which raised and distributed $343,536 in funds in 2022 "to help the children in need on Delmarva". An additional $213,500 was granted to "provide funding to tax-exempt charitable, religious, educations or scientific institutions".[3]
In 2007, Draper Holdings Business Trust donated a professional broadcast news set to the University of Maryland Eastern Shore to aid in the production of student programming. The set was previously used by WBOC-TV.[4]
Companies owned by the trust
- Loblolly, LLC – Real Estate Holding Company [5][6]
- Draper Media[7]
- Delmarva Sports Network - local sports network
- Television Stations
- Radio Stations
References
- ^ "HWSC Assists Draper Holdings Business Trust in Generational Transition & Governance Structuring". www.hwsc.com. Retrieved 2018-03-11.
- ^ "Molly Draper Russell Named CEO of Draper Holdings Business Trust". Retrieved 2018-04-29.
- ^ "Non-profit Explorer: Draper Holdings Charitable Foundation, Inc". projects.propublica.org. 9 May 2013. Retrieved 2023-06-06.
- ^ "WBOC TV and Fox21 Donate Broadcast News Set to UMES | University of Maryland Eastern Shore". www.umes.edu. Retrieved 2018-03-11.
- ^ WBOC-TV Celebrates 55th Anniversary. Archived 2009-07-27 at the Wayback Machine Retrieved on July 17, 2009.
- ^ Milton Chamber of Commerce Members Archived March 22, 2009, at the Wayback Machine
- ^ "Draper Holdings, Parent Company of WBOC/FOX21 Announces Promotions". Retrieved 2017-11-01.
- ^ "WBOC to Buy WOLC-FM". Retrieved 2018-03-11.
- ^ a b c d "Draper Media to Acquire MTS Broadcasting Stations". Retrieved 2018-03-11.