Kaitz Future Up in Air

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The future of the beleaguered Walter Kaitz Foundation will most likely be
determined during the annual meeting of the organization’s board of directors
this coming week in New York.

The board will debate and potentially vote on a course of action for the
nonprofit organization, which currently provides funds to groups advocating
diversity within the industry. It will hold its annual fund-raising dinner
Wednesday.

Among the proposals the board will examine is placing all Kaitz operations
under the auspices of the National Cable & Telecommunications Association,
which would oversee the group’s annual fund-raising dinner, sources close to the
situation said.

NCTA president Robert Sachs has said in previous statements that the
organization did not want to run the Kaitz Foundation. Sources, however, said
the NCTA may have to yield if its board members and industry leaders recommend
such a course of action.

Representatives from the NCTA would not comment, and Kaitz officials did not
return calls by press time.

Another proposal would have Kaitz abandon its role as a grant provider and
instead give funds directly to industry-based diversity-minded organizations
such as the National Association for Minorities in Communications, the Emma L.
Bowen Foundation for Minority Interests in Media and Women in Cable &
Telecommunications.

Kaitz just last year began offering grants after initially recruiting and
placing qualified minorities into middle- and upper-management positions within
cable companies.

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