Non-profits don't have flesh-and-blood owners
I was thinking about the persistence of disbelief earlier this year.
March 25, 2013 at 08:00 PM
7 minute read
I was thinking about the persistence of disbelief earlier this year. I filed comments at the Federal Communications Commission (FCC) when it asked holders of noncommercial and educational broadcast licenses to identify their owners. (C-SPAN operates an FM radio station in Washington, D.C.) It was part of an ongoing effort to encourage minority and female ownership of radio and television stations. Six years earlier, the FCC asked the same question, and it got answers that it apparently did not believe. Hence, we had to answer the question again.
Back in 2009, we told the FCC that non-profit organizations don't have any owners. When the agency asked the question again this year, it was put to us this way, essentially: “Last time you told us that non-profit organizations don't have any owners, but … really?” My answer took five pages to say, essentially, “Really.”
It is understandable that the smart people at the FCC would not believe that hundreds of thriving, influential and often wealthy organizations operating radio and television stations would not have real flesh-and-blood owners. There is a generally held and ordinarily sensible view that everything of value in our economy must be owned by somebody. But, believe it or not, non-profit organizations do not have owners. If they did, they would not qualify to be non-profit organizations under state law, nor would they qualify for federal tax exemptions.
I should cut the FCC some slack here because it is under pressure to encourage diversity among broadcasters. It's been getting detailed ownership reports from commercial broadcasters for years. On the surface, it seems logical that the FCC should apply its diversity goals to public TV and radio broadcasters as much as it does to their for-profit counterparts. But the agency bureaucrats (and I do not use that term as a pejorative) started out on the wrong foot when they assumed they could get to the heart of the diversity conundrum by applying that old Washington path to the truth, “follow the money.” The logic was, “If we know where the money is and how it got a broadcasting license from us, we can devise policies that hopefully lead to more women and minorities owning public TV and radio stations.”
Unfortunately, the FCC is following the money to a dead end in this case. The agency will discover, again, that the directors and officers of the non-profits holding broadcast licenses do not have any ownership interest in their radio or TV stations. Many of the officers are paid staff of charities. Some of the directors are state, city, county or university employees who serve on the boards by virtue of their positions. Other directors are community representatives. None of them can be said to be “owners” of the corporations that hold the licenses. At most, the directors and officers of a non-profit organization can be regarded as stewards of the organization's assets—here, a valuable broadcast license. In noncommercial radio and TV, the board members and officers control the asset, but they can't sell it, buy more of it, borrow against it or take profits from it.
I and others are trying to persuade the FCC to drop the new “ownership” questions it wants to add to our required biennial filings. The agency is trying, in effect, to use a thermometer to measure distance in a situation where the “distance” doesn't matter. There might be some information public radio and TV stations could provide the FCC to help it diversify the community, but ownership information is a dead end.
Bruce D. Collins is corporate vice president and general counsel of C-SPAN, based in Washington, D.C. Email him at [email protected].
I was thinking about the persistence of disbelief earlier this year. I filed comments at the Federal Communications Commission (FCC) when it asked holders of noncommercial and educational broadcast licenses to identify their owners. (C-SPAN operates an FM radio station in Washington, D.C.) It was part of an ongoing effort to encourage minority and female ownership of radio and television stations. Six years earlier, the FCC asked the same question, and it got answers that it apparently did not believe. Hence, we had to answer the question again.
Back in 2009, we told the FCC that non-profit organizations don't have any owners. When the agency asked the question again this year, it was put to us this way, essentially: “Last time you told us that non-profit organizations don't have any owners, but … really?” My answer took five pages to say, essentially, “Really.”
It is understandable that the smart people at the FCC would not believe that hundreds of thriving, influential and often wealthy organizations operating radio and television stations would not have real flesh-and-blood owners. There is a generally held and ordinarily sensible view that everything of value in our economy must be owned by somebody. But, believe it or not, non-profit organizations do not have owners. If they did, they would not qualify to be non-profit organizations under state law, nor would they qualify for federal tax exemptions.
I should cut the FCC some slack here because it is under pressure to encourage diversity among broadcasters. It's been getting detailed ownership reports from commercial broadcasters for years. On the surface, it seems logical that the FCC should apply its diversity goals to public TV and radio broadcasters as much as it does to their for-profit counterparts. But the agency bureaucrats (and I do not use that term as a pejorative) started out on the wrong foot when they assumed they could get to the heart of the diversity conundrum by applying that old Washington path to the truth, “follow the money.” The logic was, “If we know where the money is and how it got a broadcasting license from us, we can devise policies that hopefully lead to more women and minorities owning public TV and radio stations.”
Unfortunately, the FCC is following the money to a dead end in this case. The agency will discover, again, that the directors and officers of the non-profits holding broadcast licenses do not have any ownership interest in their radio or TV stations. Many of the officers are paid staff of charities. Some of the directors are state, city, county or university employees who serve on the boards by virtue of their positions. Other directors are community representatives. None of them can be said to be “owners” of the corporations that hold the licenses. At most, the directors and officers of a non-profit organization can be regarded as stewards of the organization's assets—here, a valuable broadcast license. In noncommercial radio and TV, the board members and officers control the asset, but they can't sell it, buy more of it, borrow against it or take profits from it.
I and others are trying to persuade the FCC to drop the new “ownership” questions it wants to add to our required biennial filings. The agency is trying, in effect, to use a thermometer to measure distance in a situation where the “distance” doesn't matter. There might be some information public radio and TV stations could provide the FCC to help it diversify the community, but ownership information is a dead end.
Bruce D. Collins is corporate vice president and general counsel of C-SPAN, based in Washington, D.C. Email him at [email protected].
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllUS Reviewer of Foreign Transactions Sees More Political, Policy Influence, Say Observers
Pre-Internet High Court Ruling Hobbling Efforts to Keep Tech Giants from Using Below-Cost Pricing to Bury Rivals
6 minute readPreparing for 2025: Anticipated Policy Changes Affecting U.S. Businesses Under the Trump Administration
Senate Panel Postpones Vote on Reconfirmation of Democrat Crenshaw to SEC
Trending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250