This By-Laws document contains the following information: the name and location of the corporation, the shareholders, and the duties of the officers.
Bylaws Of The Corporation For Public Broadcasting In Wake
Category:
State:
Multi-State
County:
Wake
Control #:
US-00444
Format:
Word;
Rich Text
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FAQ
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.
Commercial radio stations are run for profit and funded by advertising.
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.
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.
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.