Bylaws Of The Corporation For Public Broadcasting In New York
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The Corporation for Public Broadcasting (CPB) provides funding to all public broadcasting, including THIRTEEN as well as nearly 1,500 locally owned and operated PBS and NPR stations across the country. CPB was created by Congress in 1967 to be the steward of the federal government's investment in public broadcasting.
Commercial radio stations are run for profit and funded by advertising.
Since 1968, CPB has been the steward of the federal government's investment in public broadcasting and the largest single source of funding for public radio, television, and related online and mobile services. CPB funding is the “public” foundation of our nation's public-private public media partnership.
CPB is a private nonprofit corporation that is fully funded by the federal government. Less than 5% is allocated to administrative costs – an exceptionally low overhead rate compared with other nonprofits.
Stations rely on generous donations from viewers like you, corporate sponsorships, and foundation grants to cover the rest of their operating budget. Part of each station's operating budget is programming dues which it pays to PBS (and NPR) for National programming like PBS News Hour.
The Public Broadcasting Act of 1967 established the Corporation for Public Broadcasting (CPB), a private, non-profit corporation managed by a nine-member board appointed by the President and approved by the Senate to funnel government support to public stations and producers nationwide.
Additionally, CPB, PBS, and NPR are independent of each other and of local public television and radio stations. CPB strives to support programs and services that inform, educate, and enrich the public.
How to Start a Corporation in New York Name Your Corporation. Designate a Registered Agent. Submit Certificate of Incorporation. Get an EIN. File the Beneficial Ownership Information Report. Write Corporate Bylaws. Hold an Organizational Meeting. Open a Corporate Bank Account.
(a) The board of directors shall consist of one or more members. The number of directors constituting the board may be fixed by the by-laws, or by action of the shareholders or of the board under the specific provisions of a by-law adopted by the shareholders.
Corporate bylaws are legally required in New York. Under NY Bus Corp L § 601, corporate bylaws “shall be adopted” by a company's incorporators. That means that in New York, you'll need to adopt bylaws to comply with the law.
