The nonprofit charity that aids broadcasters in financial need has provided $7 million over the past 16 years.
For more than 65 years, the Broadcasters Foundation of America has offered financial assistance to radio and television broadcasters who are in acute need because of illness, advanced age, death of a spouse, accident or other life-altering misfortune. Over the past 16 years the BFA has distributed $7 million in one-time and monthly grants.
Its distributions, a safety net for broadcasters, have grown dramatically since 2000 when it gave $61,000 in aid, increasing to:
- $95,578 in 2001
- $218,022 in 2004
- $507,900 in 2010
- $841,300 in 2014
These funds have been obtained through ongoing outreach for membership, individual and corporate contributions, and fundraising events.
According to the group’s website: “As more and more broadcasting baby boomers head into their senior years — and because of the fiscal reality of reduced pensions and benefits — many corporations offer employees a slimmer safety net than at any time in the history of the workplace. The Broadcasters Foundation of America is here to help.”
Fundraising events for the Broadcasters Foundation of America are a significant source of revenue for providing aid to colleagues in desperate need of help. The Golden Mike Award (the next is scheduled for Monday, Feb. 29, 2016, at The Plaza in New York) and its two annual golf tournaments generate hundreds of thousands of dollars to support the BFA’s mission.