Draper Holdings Business Trust

Last updated
Draper Holdings Business Trust
Company type Private
FounderThomas 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]

Contents

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

Related Research Articles

<span class="mw-page-title-main">Salisbury, Maryland</span> City in Maryland, United States

Salisbury is a city in and the county seat of Wicomico County, Maryland, United States. Salisbury is the largest city in the state's Eastern Shore region, with a population of 33,050 at the 2020 census. Salisbury is the principal city of the Salisbury, Maryland Metropolitan Statistical Area. The city is a commercial hub of the Delmarva Peninsula.

<span class="mw-page-title-main">KFFX-TV</span> TV station in Pendleton, Oregon

KFFX-TV is a television station licensed to Pendleton, Oregon, United States, serving the Tri-Cities, Washington area as an affiliate of Fox and Telemundo. It is the only major commercial station in the Tri-Cities area that is licensed to the Oregon side of the market. Owned by Imagicomm Communications, KFFX-TV has studios on Clearwater Avenue in Kennewick, Washington, and its transmitter is located in the Umatilla National Forest east of Pendleton.

<span class="mw-page-title-main">WBOC-TV</span> TV station in Salisbury, Maryland

WBOC-TV is a television station in Salisbury, Maryland, United States, affiliated with CBS and Fox. It is the flagship television property of the Milton, Delaware–based Draper Holdings Business Trust, and is co-owned with low-power NBC affiliate WRDE-LD and Telemundo affiliate WBOC-LD, as well as eight radio stations. The station's studios are located on North Salisbury Boulevard in Salisbury; WBOC-TV maintains secondary studios/office facilities in Dover, Delaware, and transmitter facilities in Laurel, Delaware.

WTOD is an FM radio station licensed to serve Delta, Ohio, covering the Toledo metropolitan area. WTOD is owned by Delmarva Educational Association, and the station’s transmitter resides in nearby Whitehouse.

<span class="mw-page-title-main">WAAI</span> Radio station in Hurlock, Maryland

WAAI is a radio station broadcasting a classic country music format. Its tower is in Hurlock, Maryland, but broadcasts emanate from its studios in Cambridge, Maryland. It is currently owned by the Draper Holdings Business Trust, as part of a cluster with CBS/Fox affiliate WBOC-TV, NBC affiliate WRDE-LD, Telemundo affiliate WBOC-LD, and sister radio stations WCEM-FM, WBOC-FM, WCEM and WTDK.

WCEM-FM is a radio station playing a country music format. It broadcasts from Cambridge, Maryland. It is owned by the Draper Holdings Business Trust, as part of a cluster with CBS/Fox affiliate WBOC-TV, NBC affiliate WRDE-LD, Telemundo affiliate WBOC-LD, and sister radio stations WBOC-FM, WTDK, WCEM, WAAI and WRDE-FM. The station broadcasts from its studios in Cambridge Marketplace. WCEM-FM's transmitter is located in Cambridge.

<span class="mw-page-title-main">WTDK</span> Radio station in Federalsburg, Maryland

WTDK is a radio station licensed to serve Federalsburg, Maryland. The station is owned by the Draper Holdings Business Trust, as part of a cluster with CBS/Fox affiliate WBOC-TV, NBC affiliate WRDE-LD, Telemundo affiliate WBOC-LD, and sister radio stations WCEM-FM, WBOC-FM, WCEM, WAAI, and WRDE-FM. It airs a classic hits music format.

WRDE-LD is a low-power television station in Salisbury, Maryland, United States, affiliated with NBC. It is owned by the Draper Holdings Business Trust alongside dual CBS and Fox affiliate WBOC-TV, and low-power Cambridge-licensed Telemundo affiliate WBOC-LD. WRDE-LD's news department is located on The Square in Milton, Delaware, though technical functions and most internal operations are based at WBOC-TV's studio on North Salisbury Boulevard in Salisbury. WRDE-LD's transmitter is located in Laurel, Delaware. WRDE-LD's programming is repeated on Salisbury-licensed WRUE-LD, with transmitter near Pocomoke City, Maryland.

<span class="mw-page-title-main">WUVF-LD</span> Univision affiliate in Naples, Florida

WUVF-LD is a low-power television station licensed to Naples, Florida, United States, serving Southwest Florida as an affiliate of the Spanish-language networks Univision and UniMás. Locally owned by Sun Broadcasting, it is sister to two other Naples-licensed stations: CW affiliate WXCW and low-power WANA-LD. Fort Myers Broadcasting Company, which owns Fort Myers–licensed CBS affiliate WINK-TV, operates WUVF, WXCW, and WANA under a shared services agreement (SSA). The stations share studios on Palm Beach Boulevard in northeast Fort Myers; WUVF-LD's transmitter is located on Channel 30 Drive.

<span class="mw-page-title-main">WRME-LD</span> Television and radio station in Chicago

WRME-LD is a low-power television station in Chicago, Illinois, United States, affiliated with Jewelry Television. The station's audio channel, transmitting at 87.75 MHz, lies within the FM band; as a result, WRME-LD's audio channel operates as a radio station at 87.7 FM. Owned by Venture Technologies Group and operated under a local marketing agreement (LMA) by Weigel Broadcasting, the station airs a soft adult contemporary/oldies format via the 87.75 MHz audio channel under the brand 87.7 MeTV FM, a brand extension of Weigel's MeTV television network. The WRME-LD studios are co-located with Weigel's headquarters in Chicago's Greektown neighborhood, while the transmitter resides atop the John Hancock Center.

WRDE-FM is an American radio station in the Delmarva region of Maryland. The station is licensed to serve Berlin, Maryland, although its studios and main offices are located in the larger nearby city of Salisbury. WRDE-FM is owned by Draper Holdings Business Trust. The station, along with WCEM-FM (106.3) in Cambridge, broadcasts a country music format.

<span class="mw-page-title-main">WBOC-FM</span> Radio station in Maryland, United States

WBOC-FM is a radio station that broadcasts a Top 40/CHR format. Licensed to Princess Anne, Maryland, United States, the station is owned by the Draper Holdings Business Trust, as part of a cluster with CBS/Fox affiliate WBOC-TV, NBC affiliate WRDE-LD, Telemundo affiliate WBOC-LD, and sister radio stations WCEM-FM, WTDK, WCEM, WAAI and WRDE-FM.

<span class="mw-page-title-main">WTGM</span> Radio station in Maryland, United States

WTGM is a radio station broadcasting a sports format. Licensed to Salisbury, Maryland, United States, the station is currently owned by iHeartMedia. WTGM is located on the Delmarva Peninsula, and that is shown on the Fox Sports station logo.

WCEM is an AM radio station broadcasting a sports format and is an affiliate of Infinity Sports Network. The station is licensed to Cambridge, Maryland, United States and owned by the Draper Holdings Business Trust. WCEM is a sister station to CBS/Fox affiliate WBOC-TV, NBC affiliate WRDE-LD, Telemundo affiliate WBOC-LD, and sister radio stations WBOC-FM, WCEM-FM, WAAI, and WTDK.

A duopoly is a situation in television and radio broadcasting in which two or more stations in the same city or community share common ownership.

WYJJ-LD is a low-power television station in Jackson, Tennessee, United States, affiliated with several digital multicast networks. The station is owned by Innovate Corp., and maintains a transmitter on Radio Road on Jackson's north side.

The Drewry Communications Group was a media company based in Lawton, Oklahoma, wholly owned and operated by the Drewry family. The company was run by Robert Drewry, Bill Drewry, and Larry Patton. Robert and Bill are the sons of late patriarch Ransom H. Drewry.

<span class="mw-page-title-main">WBOC-LD</span> TV station in Cambridge, Maryland

WBOC-LD is a low-power television station licensed to Cambridge, Maryland, United States, serving the Salisbury, Maryland market as an affiliate of the Spanish-language Telemundo network. It is owned by the Draper Holdings Business Trust alongside dual CBS/Fox affiliate WBOC-TV and low-power NBC affiliate WRDE-LD, as well as eight radio stations. Telemundo Delmarva shares studios with sister station WRDE-LD in Milton, Delaware, and WBOC-LD's transmitter is located near Laurel. WBOC-LD's programming is repeated on Salisbury-licensed WSJZ-LD, with transmitter near Millsboro, Delaware.

References

  1. "HWSC Assists Draper Holdings Business Trust in Generational Transition & Governance Structuring". www.hwsc.com. Retrieved 2018-03-11.
  2. "Molly Draper Russell Named CEO of Draper Holdings Business Trust" . Retrieved 2018-04-29.
  3. "Non-profit Explorer: Draper Holdings Charitable Foundation, Inc". projects.propublica.org. 9 May 2013. Retrieved 2023-06-06.
  4. "WBOC TV and Fox21 Donate Broadcast News Set to UMES | University of Maryland Eastern Shore". www.umes.edu. Retrieved 2018-03-11.
  5. WBOC-TV Celebrates 55th Anniversary. Archived 2009-07-27 at the Wayback Machine Retrieved on July 17, 2009.
  6. Milton Chamber of Commerce Members Archived March 22, 2009, at the Wayback Machine
  7. "Draper Holdings, Parent Company of WBOC/FOX21 Announces Promotions" . Retrieved 2017-11-01.
  8. "WBOC to Buy WOLC-FM" . Retrieved 2018-03-11.
  9. 1 2 3 4 "Draper Media to Acquire MTS Broadcasting Stations" . Retrieved 2018-03-11.