As expected, the National Cable & Telecommunications Association will
take over the operations of the struggling Walter Kaitz Foundation.
The boards of both organizations announced an approved plan Wednesday to
reorganize the foundation in an effort to reduce administrative costs and
duplication while strengthening some of the industry’s most successful
diversity-oriented mentoring and leadership-development programs.
The move is the second major reorganization this year for the foundation.
This past March, Kaitz president Art Torres resigned his position amid industry
criticism for splitting his time between running the organization and
maintaining a leadership role within the California Democratic Party.
The Kaitz Foundation -- along with its annual fund-raising dinner -- will
operate under the administrative umbrella of the NCTA, similar to how Cable in
the Classroom functions under the trade group’s auspices.
The foundation will continue to feature a CEO-level board, but it’s unclear
who will actually oversee its day-to-day operations or whether the NCTA will
absorb the organization’s two-employee staff.
NCTA president and CEO Robert Sachs previously said the group wanted no part
of taking over Kaitz.
But in a prepared statement, Sachs said placing the foundation under the NCTA
-- the board of which unanimously approved the move Wednesday morning -- "will
allow the organization to maintain its focus on diversity at the highest levels
of our industry and more efficiently channel support to proven industry
Based on recommendations from a special Kaitz committee headed by Time Warner
Cable executive vice president Lynn Yaeger and Comcast Corp. executive VP David
Cohen, Kaitz will focus specifically on providing funds to support
already-existing mentoring and leadership-development programs offered by
cable-industry-specific organizations that focus on diversity, such as the Emma
Bowen Foundation, the National Association for Multi-Ethnicity in Communications
and Women in Cable & Telecommunications.
It will also work on enhancing its "Cable Industry Supplier Diversity
Program" and revamp its Cable Industry Diversity Web site to serve as the cable
industry’s primary online area for diversity initiatives and