Draper Holdings Business Trust

Draper Holdings Business Trust
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.^[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
- WBOC-TV – CBS/Fox affiliate
- WRDE-LD – NBC affiliate
- WBOC-LD – Telemundo affiliate
- WRUE-LD - satellite of WRDE-LD
- WSJZ-LD – satellite of WBOC-LD
Radio Stations
- WBOC-FM – Top 40 radio station^[8]
- WAAI – Classic country radio station^[9]
- WCEM – CBS Sports Radio affiliate^[9]
- WCEM-FM – Mainstream Country radio station^[9]
- WGBG-FM – Classic rock radio station
- WTDK – Oldies radio station^[9]
- WZBH – Active Rock radio station
- WRDE-FM – satellite of WCEM-FM
  - WRDE-HD2 - satellite of WTDK
  - W282AW/W286BB - translators of WRDE-HD2

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.

External links