The Corporation for Public Broadcasting (CPB) was created to foster non-commercial public radio and television programming, including educational, cultural and civic programs. Supported through a combination of government funding, state funding and private donations, the CPB was designed to operate as independently as possible from political influence. The CPB does not actually own or operate any television or radio broadcast stations, nor does it produce any public programming. Rather, the CPB provides approximately 89% of its $415 million annual budget in the form of grants to support independent stations, directors and producers. The CPB currently supports nearly 1,300 local public television and radio stations.
Additional Expenses ($307 million)
In addition to the general grants provided by federal funding, the CPB has requested $307 million in special emergency appropriations, including $40 million to support the transition from analog to digital transmission for public television stations, $27 million for public radio interconnection, $26 million to develop an interconnected multi-channel public television system, and $27.2 million (FY 2013 request) to support the Ready to Learn Program (pdf) devoted to improved reading and educational programming for high-poverty children ages two to eight.
The largest stakeholders of the Corporation for Public Broadcasting include the 1,250 television and radio stations that received CPB funding, as well as the Public Broadcasting Service (PBS), which has traditionally received between 25-35% of its funding through the CPB. The CPB also supports thousands of independent media producers and programmers.