Draper Holdings Business Trust

Draper Holdings Business Trust
Company typePrivate
FounderThomas 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]

  1. ^ "HWSC Assists Draper Holdings Business Trust in Generational Transition & Governance Structuring". www.hwsc.com. Retrieved 2018-03-11.
  2. ^ "Molly Draper Russell Named CEO of Draper Holdings Business Trust". Retrieved 2018-04-29.
  3. ^ "Non-profit Explorer: Draper Holdings Charitable Foundation, Inc". projects.propublica.org. 9 May 2013. Retrieved 2023-06-06.
  4. ^ "WBOC TV and Fox21 Donate Broadcast News Set to UMES | University of Maryland Eastern Shore". www.umes.edu. Retrieved 2018-03-11.