Whyy Inc.

“The Form 990 was reviewed prior to filing at a meeting of the Finance Committee of the Board. WHYY provided a copy of the Form 990 to all Board members immediately after the review by the Finance Committee via a secure website. The Form 990 was available on the website until WHYY filed the return.”

“Members of the WHYY Board of Directors complete an annual survey to determine, among other issues, if they have an interest in another media organization, or an interest in an organization whose application was dismissed or denied by the FCC for prejudice or due to a character issue. If a conflict were to arise, it would be reviewed by the CEO in consultation with the Board Chairman (or Vice Chairman if the Chairman were the party to the conflict). If it is determined that a conflict exists, that Member of the Board would be asked to recuse him or herself from any related matters.”

“The WHYY Board follows best practices in establishing its executive compensation program, depending exclusively upon advice and analysis from recognized independent consultants. The resultant executive compensation arrangements contain an appropriate mix of base salary as well as variable short and long-term benefits tied to performance metrics. Compensation design is therefore driven to be competitive with other regional for- and not-for-profits of similar size and complexity in and out of the Media Sector.”

“Upon request of a member of the public, all such policies and statements are available for inspection. All are housed in either WHYY's Public Files or the Legal or Human Resources Department.”

“Compensation WHYY has a non-qualified supplemental retirement plan (KEYSOP) funded through deferred compensation of eligible employees. For Mr. Marrazzo, options in the KEYSOP became due beginning with his 65th birthday in 2014 and ended in 2018. No further contribution has been made by the company or by the employee to the KEYSOP. Compensation included in Column D is reported in accordance with IRS guidelines, which require that all not-for-profit organizations report deferred employee compensation both in the year that it is earned and then again in the year that it is disbursed. As a result, included in the W-2 compensation for Mr. Marrazzo is $68,329 of payments associated with options exercised under the KEYSOP. WHYY previously included the value of these options in Mr. Marrazzos compensation in prior years and therefore the value of the payments is not additional compensation to him for the 2018 calendar year covered by the W-2 reported here.”

“WHYY is the Philadelphia region's leading public media provider, serving southeast Pennsylvania, southern New Jersey, and all of Delaware. WHYY produces and distributes news and information, arts and culture, and education programs on television, radio, the web and mobile devices. WHYY reaches and engages about 709,000 television viewers and 492,000 radio listeners a week and 326,000 unique monthly website visitors to Whyy.org. In addition, Whyy reaches a national audience in excess of 6 million listeners a week primarily through distribution of "Fresh Air".”

“Television Programming: WHYY provides news and information, arts and culture and childrens programming on three 24/7 broadcast channels as well as online, via cable, on-demand services and on mobile devices. WHYY-TV offers a varied blend of the best national programming along with WHYYs local content. Local WHYY video productions include You Oughta Know, a guide to people, places and events you might not know about in the Philadelphia region; On Stage at Curtis, presenting student recitals taped at the world-renowned Curtis Institute of Music; Movers & Makers, introduces fascinating people and interesting places in the greater Philadelphia region that explores the vibrant local arts scene and creators making an impact on our community; and Flicks which provides up-to-the-minute coverage of top films, stars and moviemakers.”

“Radio Programming: WHYY-FMs news and information format offers the region a comprehensive radio service. WHYY-FM has a well-deserved reputation as a trusted source of news and information, combining such NPR programs as Morning Edition and All Things Considered with reports from WHYYs local news team. WHYY is also the producer of Radio Times, an engaging and thought-provoking interview program that examines regional, national, and international news; Fresh Air with Terry Gross, which covers popular culture and public affairs and is now heard by over 6.4 million people each week on some 650 public radio stations; The Why, a narrative-style news show about issues affecting the Philadelphia region; The Pulse, a weekly program featuring reporting and storytelling around health, science and innovation as well as Skytalk. Podcasts such as Cosby Unraveled, family favorite Eleanor Amplified and the limited series Schooled, offer content online to fulfill WHYYs strategic focus on delivering content across multiple platforms. All of WHYYs audio programming is also available on WHYY.org as streaming content and podcast.”

“Online Services: WHYY.org is the organizations online home delivering news and dialogue to more than 716,700 unique users each month. Special sections are devoted to arts and culture, health and science and special interest blogs. WHYY content is also widely distributed through social media. WHYY.org provides access to on-demand program content, FM and TV schedules and general information about WHYY.”

“WHYY continues to help increase student engagement with widely successful video and audio production classes, afterschool programs, summer camps and in-school Media Labs. For the past decade, WHYY programming has taught young people to explore their environment, problem solve, tell stories and succeed in creative professions. WHYY engaged 4,500 students, teachers and community members in FY19 in hands-on media arts training through the program. To date, WHYY has now surpassed 14,000 total students, teachers and community members since it began its media arts training programs. WHYY now provides 41 media labs in Philadelphia schools. IMPACT & COMMUNITY FEEDBACK Participant surveys found that the students and teachers learn video and audio production, critical thinking, STEM education skills and problem solving, research, develop a strong sense of self-efficacy and are better prepared for a wide variety of workplaces. Students are also learning valuable life skills like how to work in teams, how to plan projects and how to solve difficult problems.”

“Change in value of beneficial interest in perpetual trusts: ($2,204)”