Draper Holdings Business Trust
| Type | Private |
|---|---|
| Founder | Thomas 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]
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 (Delmarva area)
- Radio stations (Delmarva area)
- WBOC-FM – Top 40 radio station[8]
- WAAI – Classic country radio station[9]
- WCEI-FM – Adult contemporary adult radio station[10]
- WCEM – Former CBS Sports Radio affiliate[9]
- WCEM-FM – Mainstream country radio station[9]
- WGBG-FM – Classic rock radio station
- WINX-FM – Variety radio station
- WTDK – Oldies radio station[9]
- WZBH – Active rock radio station
- WRDE-FM – satellite of WCEM-FM
- Radio stations (Wilmington area)
References
- ↑ "HWSC Assists Draper Holdings Business Trust in Generational Transition & Governance Structuring". www.hwsc.com. November 23, 2016. Archived from the original on March 11, 2018. Retrieved March 11, 2018.
- ↑ "Molly Draper Russell Named CEO of Draper Holdings Business Trust". WBOC-TV. April 25, 2018. Retrieved April 29, 2018.
- ↑ "Non-profit Explorer: Draper Holdings Charitable Foundation, Inc". projects.propublica.org. May 9, 2013. Retrieved June 6, 2023.
- ↑ "WBOC TV and Fox21 Donate Broadcast News Set to UMES". University of Maryland Eastern Shore. September 26, 2007. Archived from the original on June 30, 2017. Retrieved March 11, 2018.
- ↑ Parsons, Kye; Paparella, Charlie (July 15, 2009). "WBOC-TV Celebrates 55th Anniversary". WBOC-TV. Archived from the original on July 27, 2009. Retrieved July 17, 2009.
- ↑ "Milton Chamber of Commerce Members". Archived from the original on March 22, 2009.
- ↑ "Draper Holdings, Parent Company of WBOC/FOX21 Announces Promotions". WBOC-TV. January 26, 2012. Archived from the original on January 29, 2012. Retrieved November 1, 2017.
- ↑ "WBOC to Buy WOLC-FM". WBOC-TV. August 13, 2015. Retrieved March 11, 2018.
- 1 2 3 4 "Draper Media to Acquire MTS Broadcasting Stations". WBOC-TV. January 5, 2018. Retrieved March 11, 2018.
- 1 2 "Draper Media Expands with New Radio Station Acquisitions". WBOC-TV. June 11, 2025. Retrieved May 29, 2026.