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Why has the PBS Foundation been established as a supporting foundation? What is a supporting Foundation?

April 26, 2017foundation PBS supporting

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Why has the PBS Foundation been established as a supporting foundation? What is a supporting Foundation?

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The PBS Foundation is a 501(c)(3) and 509(a)(3) supporting foundation. This means it is a special kind of charitable organization that has its relationship with its “parent” organization PBS. The PBS Foundation is operated exclusively for the benefit of PBS and to support the PBS mission. It was formed to help ensure the long-term stability of PBS and its member stations.