Walter Kaitz Foundation Delivers More Than $1.5 Million in Grants to Cable Diversity Organizations in 2008

2008 Grants Exceed Previous Year’s Funding by 25 Percent

1/17/2008, WASHINGTON, D.C. - The Walter Kaitz Foundation today announced that more than $1.5 million was awarded for 2008 to fund programs and activities of three cable diversity organizations: the Emma L. Bowen Foundation, the National Association for Multi-Ethnicity in Communications (NAMIC), and Women in Cable Telecommunications (WICT). The 2008 grants exceed the previous year’s funding by more than $300,000, or 25 percent.

“These funds will go far to help our partners offer important mentoring, leadership and training programs that expand diversity and assist diverse cable executives with professional development,” said David Porter, Executive Director of the Walter Kaitz Foundation. “The Kaitz Foundation is grateful for the support of the cable industry in its efforts to promote diversity. I’m proud that the industry has banded together to embrace diversity objectives.”

The Walter Kaitz Foundation funds provide substantial support for a wide variety of programs administered by the three organizations receiving grants:

Emma L. Bowen Foundation

Kaitz Foundation grant money funds the following programs:

* Link Mentoring Program
* 2008 Summer Conference
* Emma Bowen Foundation Navigating Your Course Workshop
* Student Sponsorship

NAMIC

Kaitz Foundation grant money funds the following programs:

* L. Patrick Mellon Mentorship Program,
* Executive Leadership Development Program (ELDP)/Leadership Seminar and Continuing Education Workshop
* Executive Coaching Program for ELDP Alumni
* Creative Summit Writers Workshop
* NAMIC Leadership Seminar
* Webinar Series
* ELDP Online Community Portal.

WICT

Kaitz Foundation grant money funds the Rising Leaders Program for Mid-Level Managers.

Funding for grants is derived largely from the proceeds of the Walter Kaitz Foundation Annual Fundraising Dinner held during cable’s diversity week in New York City each September. More than 1,300 executives attended the 2007 dinner that collected more than $1.7 million in donations from the purchase of tables, tickets, advertising and other sponsorships.

The 2008 Walter Kaitz Foundation Annual Dinner is scheduled for Wednesday, September 17, 2008, in New York. Ticket sales for the dinner will begin this summer.

The Walter Kaitz Foundation is the cable industry's national foundation dedicated to diversity.

Source: National Cable & Telecommunications Association

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