| Company type | Private |
|---|---|
| Founder | Thomas H. Draper |
| Headquarters | Milton, Delaware |
| Key people | Molly Draper Russell, CEO |
The Draper Holdings Business Trust is a business trust company, located in Milton, Delaware. It is led by Molly Draper Russell, who inherited the company from her father, Thomas Draper, upon his death in 2018.
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".
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.
Companies owned by the trust
- Loblolly, LLC – Real Estate Holding Company
- Draper Media
- 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.
- ^ "Draper Media to Acquire MTS Broadcasting Stations". Retrieved 2018-03-11.