The Broadcasters Foundation of America announces that Katz Media Group has raised more than $47,000 during its 13th annual companywide membership drive. This year’s generous contribution brings the total amount raised by Katz to nearly $500,000 since the drive’s inception. Every dollar raised directly supports the Stu Olds Memorial Fund, which commemorates Katz’s former CEO and aids broadcasters and their families during life’s most challenging moments. Broadcasters Foundation of America president Tim McCarthy says, “For over 70 years, the Broadcasters Foundation has provided critical aid—ranging from medical care to emergency financial assistance—for broadcasters facing hard times. The steadfast generosity of Katz Media Group makes it possible for us to continue our mission, and I can’t thank the Katz team enough for their ongoing commitment.” Katz Media Group has been selected to receive the 2025 Philip J. Lombardo Spirit Award, which will be presented at the BFOA Golden Mic Gala on March 10. This prestigious honor recognizes Katz’s dedication to supporting the Broadcasters Foundation of America and its mission of helping broadcasters in need.