Resolutions

RESOLUTION
PUBLIC SESSION
BOARD OF DIRECTORS
CORPORATION FOR PUBLIC BROADCASTING
WASHINGTON, D.C.
Wednesday, April 28, 2021

unanimously

WHEREAS,

            CPB management has developed a request for the Office of Management and Budget (OMB) and Congress for an appropriation in the amount of $300 million in support of the public broadcasting system’s infrastructure needs; and

WHEREAS,

            The Board of Directors has been briefed on CPB’s proposed request, and CPB management has consulted with public broadcasting system members to ensure a broad spectrum of system needs was considered; and

NOW, THEREFORE, BE IT RESOLVED,

            The Board of Directors authorizes CPB management to submit CPB’s infrastructure budget request of $300 million to OMB and Congress.

Resolution Date: 
Wednesday, April 28, 2021

Resolution
Board of Directors
Corporation for Public Broadcasting
WASHINGTON, D.C.
Thursday, April 1, 2021

unanimously

RESOLVED,

            That the Board of Directors adopts the following revised board meeting schedule for the remainder of calendar year 2021:

Date:                                                                                                      Location:

Wednesday, April 21 – Thursday, April 22
Wednesday, April 28 from 2:00 – 6:15 p.m. ET

Virtual

 

Monday, June 28 – Tuesday, June 29

      Virtual

Wednesday, October 6 – Thursday, October 7
(Annual Meeting)

Virtual

Wednesday, December 1 – Thursday, December 2

Virtual

Resolution Date: 
Thursday, April 1, 2021

RESOLUTION
BOARD OF DIRECTORS
CORPORATION FOR PUBLIC BROADCASTING
WASHINGTON, D.C.
APRIL 15, 2021

unanimously


WHEREAS,
The American Rescue Plan Act 2021 provides $175 million of stabilization funds to CPB to distribute to public media stations threatened by declines in non-Federal revenues resulting from the economic impacts of the coronavirus; and

WHEREAS,
    Congress directed that these funds, which are not subject to CPB’s statutory funding formula, be used to maintain programming and services, and to preserve the ability of small and rural public media stations to continue to provide essential information, educational content and services to the American people; and 

WHEREAS,
In consultation with the public media system and in accordance with the American Rescue Plan Act, CPB management has developed a plan for the effective and expeditious distribution of these funds to public media stations in this period of extraordinary economic hardship; and 

WHEREAS,
    The Board of Directors has reviewed CPB’s recommendations for the allocation of these funds as outlined in the proposed plan attached to this resolution,

NOW, THEREFORE, BE IT RESOLVED,
    The Board of Directors authorizes CPB management to proceed with implementation of the proposed distribution plan for the American Rescue Plan Act 2021 stabilization funds for public media stations as outlined in the attached.

Of the $175 million, $100 million would be calculated using the CARES Act formula that was developed in April 2020 to distribute stabilization grants that prioritized funding to small, rural and/or minority stations. The remaining $75 million would be calculated according to the respective television and radio Community Service Grant (CSG) formulas, which also considers stations’ service to rural communities, as well as the number of transmitters needed to cover large geographic areas, and the amount raised in non-federal financial support (NFFS). 

Of the $100 million that would be used to calculate the first part of the awards, $50 million each would be allocated to the television and radio pools. Of the remaining $75 million, $37.5 million each would be allocated to the radio and television pools. The two calculations are then added together for a total grant award.

A.    The Distribution Formulas

(1)    Television Formula (CARES Act Formula + CSG Formula = Total Grant Award)

CARES Act Formula 
This portion would be calculated using the formula CPB created to distribute Stabilization Grants funded with CARES Act funds in 2020. Under the American Rescue Act, the available pool of funds ($50 million) would be 33 percent larger than the CARES Act television pool and, accordingly, each award increased by 33 percent. 

•    Each of 158 grantees receives $266,667, including grantees that are in CPB-designated multi-provider markets. Of these, 98 receive an additional amount of $80,272 for a total award of $346,939. These grantees are small[1] and/or rural[2] and one is a Minority Audience Service Station[3].

Community Service Grant Formula (CSG)
Based on the formula CPB uses to calculate television CSG awards, the pool of $37.5 million would be distributed in proportion to the fiscal year (FY) 2021 television CSG awards that CPB made to each grantee. For example, if a station received an FY 2021 television CSG award that was 0.2 percent of the total television CSGs awarded, its “Rescue Act” award would be 0.2 percent of the available $37.5 million.  

(2)    Radio Formula (CARES Act Formula + CSG Formula = Total Grant Award)

CARES Act Formula
This portion would be calculated using the formula CPB created to distribute Stabilization Grants funded with CARES Act funds in 2020. Under the American Rescue Act, the available pool of funds ($50 million) would be 33 percent larger than the CARES Act radio pool and, accordingly, each award would be increased by 33 percent.

•    Each of 395 grantees would receive $100,000. 
•    Of these, 207 small[4], rural[5], and/or minority[6] grantees would receive an additional amount of $49,515 for a total award of $149,515. 

Community Service Grant Formula (CSG)
Based on the formula CPB uses to calculate radio CSG awards, the pool of $37.5 million would be distributed in proportion to the fiscal year (FY) 2021 radio CSG awards that CPB made to each grantee. For example, if a station received an FY 2021 radio CSG award that was 0.2 percent of the total radio CSGs awarded, its “Rescue Act” award would be 0.2 percent of the available $37.5 million.  
 


[1]Small television CSG grantees have a total direct revenue of ≤ $5 million.

[2]Rural television CSG grantees have a coverage area population that is greater than 19 percent rural (U.S. Census national rural average is 19 percent.)

[3]A Minority Audience Service Station is licensed to a designated Historically Black College or University or to a Native American Tribe or related entity. See Part IV, definition V, 2021 television CSG General Provisions and Eligibility Criteria.

[4]Small radio grantees have total direct revenue ≤ $500,000.

[5]Rural radio grantees have a coverage area population density of ≤ 40 people per square kilometer.

[6]Small, rural and minority grantees have total direct revenue ≤ $5 million. A Minority Audience Service Station provides significant service to a minority group through diverse programming and is licensed to a designated Historically Black College or University or to a Native American Tribe or related entity. See Part II, definition HH, 2021 radio CSG General Provisions and Eligibility Criteria.

Resolution Date: 
Thursday, April 15, 2021

RESOLUTION

PUBLIC SESSION
BOARD OF DIRECTORS
CORPORATION FOR PUBLIC BROADCASTING
WASHINGTON, D.C.
Tuesday, March 2, 2021

unanimously

 

RESOLVED,

That the Board of Directors of the Corporation for Public Broadcasting accepts the Combined Financial Statements and Report of Independent Certified Public Accountants, and Combined Financial Statements, Independent Auditors’ Report, and Reports in Compliance with the Uniform Guidance for the Corporation for Public Broadcasting and Affiliate for September 30, 2020 and 2019.

Resolution Date: 
Tuesday, March 2, 2021

RESOLUTION
PUBLIC SESSION
BOARD OF DIRECTORS
CORPORATION FOR PUBLIC BROADCASTING
WASHINGTON, D.C.
Tuesday, March 2, 2021

unanimously

RESOLVED,

The Board of Directors adopts the attached CPB Investment Policy.

Resolution Date: 
Tuesday, March 2, 2021

RESOLUTION
BOARD OF DIRECTORS
CORPORATION FOR PUBLIC BROADCASTING
WASHINGTON, D.C.
February 2, 2021

unanimously

RESOLVED,

That the Board of Directors establishes the following committees and appoints the directors as listed below to serve on these committees:

Audit and Finance Corporate Governance Executive Compensation
Chair: Bobby Mandell Chair: Laura Ross Chair: Miriam Hellreich
Ruby Calvert Bobby Mandell Ruby Calvert
Laura Ross Miriam Hellreich Bruce Ramer


Ruby Calvert serves as the Board’s representative to the PBS Content Services Committee.

Resolution Date: 
Tuesday, February 2, 2021

RESOLUTION
BOARD OF DIRECTORS
CORPORATION FOR PUBLIC BROADCASTING
WASHINGTON, D.C.
January 25, 2021

unanimously

WHEREAS,

Due to the unprecedented financial impact of the coronavirus, public media stations across the country are facing a severe decrease in funding from individuals, charitable institutions, corporate underwriting, states and universities; and

WHEREAS,

In consultation with the public media system, CPB management has developed a supplemental FY 2021 request to the Office of Management and Budget and to Congress for a $175 million appropriation in support of ensuring the viability of public telecommunications entities during this period of extraordinary economic hardship; and

WHEREAS,

The Board of Directors has reviewed and considered CPB’s supplemental request,

NOW, THEREFORE, BE IT RESOLVED,

The Board of Directors authorizes CPB management to submit a supplemental appropriation request in the amount of $175 million for FY 2021 to the Office of Management and Budget and to Congress.

Resolution Date: 
Monday, January 25, 2021