New York, NY – Nov. 29, 2022 – The Broadcasters Foundation of America, dedicated to helping broadcasters in need, announces Katz Media Group, the nation’s largest media sales organization, has raised more than $47,000 for the Foundation during its 12th annual company-wide membership drive, bringing the total amount raised by Katz to nearly $450,000 since the drive’s inception.
For over seventy years, the Broadcasters Foundation has provided aid ranging from medical care to financial assistance, whether it be monthly assistance from life-altering circumstances or a one-time emergency grant to help victims of natural disasters. This year, the Foundation will give away more than $1.8 million in monthly and emergency grants, including $85,000 to hurricane victims this fall.
Katz has been a longtime champion of the Broadcasters Foundation. Now in its 12th year, all money raised during Katz’s annual two-week campaign goes toward the Stu Olds Memorial Fund that commemorates Katz’s former CEO and directly helps a broadcasting colleague in need. Olds, as well as Katz’s current CEO, Mark Gray, and Leo MacCourtney, President of Katz Television Group, have served on the Foundation’s Board of Directors.
“As a longstanding board member, I have seen first-hand how the money raised helps broadcasters facing challenging times. I’m incredibly proud of the enormous generosity of the Katz team and their continued support to honor Stu’s legacy and give back to those in our industry who need it most,” said Mark Gray, Chief Executive Officer for Katz Media Group.
Leo MacCourtney, President of Katz Television Group, adds, “As a board member, I strongly believe in the Foundation’s mission to help broadcasters who have fallen on hard times. The Katz team has been a tremendous supporter of the Foundation, and we are proud to continue that legacy.”
“I can’t thank the wonderful employees of Katz enough for their steadfast commitment to the Foundation. The management team at Katz is truly committed to supporting broadcasters in need,” said Tim McCarthy, President of the Broadcasters Foundation of America.
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 firstname.lastname@example.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 largest media representation company in America, delivering advertisers’ local impact on a national scale. Katz provides access to over 250 million weekly active consumers across the country through its three companies – Katz Radio Group, Katz Television Group and Katz Digital Group – collectively serving as the trusted sales partner to more than 3,300 radio stations, 700 television stations and an expansive portfolio of video and audio digital partners. With audiences in every market, Katz uses its unparalleled national reach, latest technology, data, and strategic insights to create custom campaigns to help advertisers target and connect with local consumers nationwide. Katz is based in New York City, with 13 regional offices. For more information, visit us online at www.katzmedia.com and www.katzmulticultural.com.
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