All Money Raised During the 11th Annual Membership Drive Supports Radio and Television Broadcasters in Need
New York, NY – Nov. 17, 2021 – The Broadcasters Foundation of America announces Katz Media Group has raised nearly $45,000 for the Foundation during its 11th annual company-wide membership drive, bringing the total amount raised to nearly $400,000 since the drive’s inception.
All money raised during Katz’s annual two-week campaign goes toward the Stu Olds Memorial Fund that commemorates Katz’s former CEO and supports the Foundation’s mission to provide support to broadcast professionals in acute need.
For over seventy years, the Broadcasters Foundation has provided aid ranging from medical care to financial assistance to broadcasters and their families across the United States. This year, the Foundation will give away more than $1.8 million in monthly and emergency grants, including victims of natural disasters, such as hurricanes, earthquakes, and wildfires.
Katz has been a longtime champion of the Broadcasters Foundation. Olds as well as Katz’s current CEO, Mark Gray, have served on the Foundation’s Board of Directors, and Leo MacCourtney, President of Katz Television Group, is the current Vice President and Treasurer.
“As a longstanding board member, I have seen first-hand how the money raised helps broadcasters in need. I’m incredibly proud of the continued generosity of the Katz team to continue this tradition to honor Stu’s legacy and give back to our industry,” said Mark Gray, Chief Executive Officer for Katz Media Group.
“As a current officer of the Foundation, I strongly believe in their mission to help broadcasters who have fallen on hard times. The Katz team has been a tremendous supporter for the Foundation, and we are proud to continue that legacy,” said Leo MacCourtney, Katz Television Group.
“We are grateful to Mark, Leo, Christine Travaglini and the entire team at Katz for their continued support of our charitable cause,” noted Jim Thompson, Co-President of the Broadcasters Foundation of America. “Our purpose at the Foundation is to provide aid to those in our industry who need it most, whether it be monthly assistance from life-altering circumstances or a one-time emergency grant to help victims of natural disasters. With the help from our friends and colleagues at Katz, we can help more broadcasters in need across the country.”
About the Broadcasters Foundation of America:
The Broadcasters Foundation has distributed millions of dollars in aid to broadcasters who have lost their livelihood through a catastrophic event, debilitating disease or unforeseen tragedy. Personal donations can be made to the Foundation’s Guardian Fund. Corporate contributions are accepted through the Angel Initiative, and bequests can be made through the Foundation’s Legacy Society. For more information, please visit www.broadcastersfoundation.org, call 212-373-8250, or email info@thebfoa.org.
The mission of the Broadcasters Foundation of America is to improve the quality of life and maintain the personal dignity of men and women in the radio and television broadcast profession who find themselves in acute need. The Foundation reaches out across the country to identify and provide an anonymous safety net in cases of critical illness, advanced age, death of a spouse, accident and other serious misfortune. The Broadcasters Foundation of America is a 501(c)3 Public Charity.
About Katz Media Group:
Katz Media Group is the leading media sales organization that provides advertisers with the power of local impact on a national scale. Katz seamlessly activates influential connections with over 200 million weekly consumers across the country through its two companies — Katz Radio Group and Katz Television Group — collectively representing more than 3,300 radio stations, 800 television stations, and their digital platforms. As a trusted sales partner, Katz is dedicated to using the latest technology, data, and strategic insights to create custom campaigns that target advertisers’ needs and deliver results in every market across the country. Katz is based in New York City, with a total of 14 regional offices nationwide. For more information, visit us online at www.katzmedia.com.