Broadcasters Foundation of America A Charity Devoted Exclusively to Helping Broadcasters in Need

About the Foundation

Our Mission: 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. For more than 65 years, the Broadcasters Foundation of America has provided financial support to those broadcaster industry professionals who are unable to work due to tragic, life-altering circumstances. The Foundation reaches out across the country to provide an anonymous safety net in cases of critical illness, advanced age, death of a spouse, accident and other serious misfortune. It is the only charity devotedly exclusively to helping broadcasters in dire need.

The Broadcasters Foundation of America is a 501(c)(3) public charity.

Message from the Chairman

I am honored to have served as the Chairman of the Broadcasters Foundation of America for over 15 years. We are very fortunate to have such a committed Board of Directors and many key industry supporters of our mission. Through their commitment, and from charitable donations within the industry, the Broadcasters Foundation has been able to give out millions of dollars, to over one thousand broadcasters and their families in need of our assistance. I am proud to be a part of this great organization. Sincerely, Philip J. Lombardo Chairman, Broadcasters Foundation of America

Board of Directors

Foundation Staff

Frank Pesce, Business Manager Emily Barratt, Office & Grant Administration

Jim Thompson, President

Jim has been in the broadcasting industry for over 35 years. He has served as President of Group W Radio, Vice

President & GM of KYW-TV and owner of Liberty Radio Group.

Peter Doyle, Vice President

Peter is a long time Radio Industry veteran. He spent most of his career as

President of McGavren-Guild Representation Firm.

Who do we help? Here are just a few examples of Thank you Letters from Grateful Broadcasters… “MS has managed to slow every part of my life to something unimagined... My new normal contrasts sharply with memories of early sales meetings and days on the road. Thank you for your help.” -- Radio Sales Manager, Northeast “My prayers have been answered through the Broadcasters Foundation…. Your organization is helping a family in dire need…. You have restored my faith in God and man.” -- Television General Manager, Midwest “Every month when we receive our check, I say a special prayer to give the Foundation many great blessings to keep you going…so that you can bless many more “old radio” people like us.” -- Broadcast Engineer, South

Where are our Grant Recipients?

We have provided aid to broadcasters in more than 30 states and contributed millions of dollars in aid to more than 1,000

broadcasters and their families.

How do Grant Recipients Qualify?

• Applicants must have worked in broadcasting at some time in their career and must be unable to work and provide for themselves or their families.

• There is a rigorous application and screening process of applicant’s financial need.

• Qualifying candidates receive monthly assistance or one-time emergency grants. Those who receive monthly assistance undergo an annual review.

Who supports the Foundation? Local Television and Radio Stations · Television and Radio Groups and Corporations

Television and Radio Representation Firms · Broadcast Industry National and State Associations Individual Broadcasters · Other Foundations

What are our goals?

• The Foundation has distributed millions of dollars in grants to broadcasters in need

• These funds make a huge difference in the lives of hundreds of broadcast industry colleagues

• Our goal is to maintain and broaden our assistance in the future

Annual Grant Distribution

2007 2008 2009 2010 2011 2012 2013 2014 2015*

$385,000

$470,000 $470,000

$510,000

$675,000

$720,000

$775,000

$840,000

$875,000

*projected

Core Fundraising Programs

Fundraising Initiatives • Guardian Fund

• Angel Campaign

• Membership Program

• Honorary & Memorial Funds

• Legacy Society

Annual Fundraising Events • The Golden Mike Award Dinner

• Stu Olds Charity Golf Classic

• The Celebrity Golf Fundraiser

• The Philip J. Lombardo Charity Golf Tournament at The NAB

We invest responsibly.

Our Principal Investment Objectives are to:

• Achieve long-term total return from income and growth capital with a low to moderate level of risk, emphasizing primarily the preservation of principal and secondarily the real purchasing power over the long term.

• Provide a stable source of perpetual financial support to the Foundation

Our Board has appointed an Investment Committee that utilizes an independent institutional investment consultant:

CAPTRUST Financial Advisors, with over $120 billion under advisement.

Broadcasters Foundation of America

125 West 55th Street, 4th Floor

New York, NY 10019

T: 212-373-8250 • F: 212-373-8254

info@thebfoa.org • broadcastersfoundation.org