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TV Second Base Grant Merger Policy

Resolution Date

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

unanimously

WHEREAS,

Following discussions with the 2019 Television Community Service Grant (CSG) Policy Review panel, CPB commissioned research regarding the optimal period of time that television Community Service Grant (CSG) recipients that have merged should continue to receive the base grants that would have been provided to each of the grantees before the merger; and

WHEREAS,

CPB engaged research firm Pacey Economics, Inc, and has considered the research findings; and

WHEREAS,

Based on those research findings, CPB management seeks authorization to modify TV CSG policy to set the number of years a second base grant be provided at pre-merger levels to merged television entities to four years. 

THEREFORE, BE IT RESOLVED,

The CPB Board of Directors approves modifying TV CSG policy to set the number of years that CPB provides merging television CSG grantees with a second CSG base grant at pre-merger levels to four years.