Katz Media Raises $350K For Broadcasters Foundation

The Broadcasters Foundation of America today said Katz Media Group has raised $45,500 for the foundation during its 10th annual companywide membership drive, bringing the total amount raised to more than $350,000 since the drive’s inception.

Led by Mark Gray, CEO of Katz Media Group; Christine Travaglini, president of Katz Radio Group; and Leo MacCourtney, president of Katz Television Group, all money raised during the 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 financial support to radio and television professionals in acute need.

Last year, the Broadcasters Foundation gave out a record amount of grants to broadcasters for necessities ranging from medical care to everyday essentials. This includes one-time emergency grants given to victims of natural disasters, such as hurricanes, earthquakes and wildfires.

As longtime champions of the Broadcasters Foundation, Olds, Gray and MacCourtney all served on the Foundation’s Board of Directors.

“It’s an honor to continue Stu’s legacy and give back to our incredible industry,” said Mark Gray, Katz Media Group CEO. As a board member, I have seen firsthand all the good the Foundation does. I’m incredibly proud and appreciative of the continued generosity of the Katz team to support the Foundation, and give to colleagues in need,”

“We are grateful to Mark, Leo, Christine and the entire team at Katz for their continued support of our charitable cause,” said Jim Thompson, president of the Broadcasters Foundation of America. “Every day, our only 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 grants 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.”

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 [email protected].