ANNUAL REPORT 2017 For Fiscal Year Ending December 31, 2017 Taishoff Family Foundation

Sol Taishoff Lawrence B.Taishoff 1905 - 1982 1933 - 2006

The Taishoff Family Foundation was established by the goal, the Taishoff Family Foundation has established late Lawrence B. Taishoff and his son Rob in honor of the Lawrence B. Taishoff Center for Inclusive Higher their legendary father and grandfather, Sol Taishoff, Education at Syracuse University. The Taishoffs the founder and editor-in-chief of Broadcasting also provided critical initial funding for the Library magazine. As journalists and publishers, Sol and Larry of American Broadcasting, now located at the Taishoff played a seminal role in the development University of Maryland. Sol Taishoff himself was one of of the radio and television industry in America. As the founders of the Broadcast Pioneers organization champions of a free and unfettered broadcasting which, as you know, has now become the national profession, Broadcasting Magazine was created as charitable endeavor known as the Broadcasters the instrument and manifestation of their devotion to Foundation of America which you and so many of resemble a “sentinel on the Potomac” to warn against our colleagues support. government intrusion into the creative processes and activities of radio and television broadcasters. Today, the Taishoff Family Foundation is administered by the third generation of family members who The Taishoffs devoted their entire lives to extending support, among their many worthwhile endeavors, the values and protections of the First Amendment the National Press Foundation which annually to “The Fifth Estate” which was the designation presents the Sol Taishoff Award for Excellence in bestowed upon the broadcasting fraternity by Sol Electronic Journalism. Retired Captain Robert Taishoff Taishoff so many years ago. The vision and foresight USN, is the chairman of the Taishof f Family Foundation. of both Taishoffs often caused them to be allied on The Broadcasters Foundation of America extends its many of the great issues of the day with the work and deep gratitude to the Taishoff family for carrying on example of one of our own founding chairman Ward the legacy of their illustrious forebears by underwriting L. Quaal. In 2009, the Taishoff family was honored On the Air magazine and this Annual Report, which is with a Ward L. Quaal Pioneer Award. In addition to distributed widely throughout the broadcast industry. their commitment to journalistic causes and a free press, the Taishoff Family Foundation is also active Taishoff Family Foundation in improving the lives of people with intellectual disabilities. The Foundation has developed resources Sol Taishoff Lawrence B.Taishoff to help educate society about the special skills and 1905-1982 1933 – 2006 talents of people with Down syndrome, autism and traumatic brain injury, to name a few. Toward this

2 Letter from the Chair

awareness of what we do. Part of our challenge will be to continually renew and revitalize the means by which we fund the Foundation and I’m excited about the opportunity to create distinctive new events and fundraising vehicles.

We have many people to thank – high among Dan them the Taishoff Family, whose commitment to our Mason organization is unique and remarkable, underwriting our “On the Air” magazine and this Annual Report. Demand for our assistance continues to grow, and it is my great hope that even broader industry support will enable us to help a growing population of current and former broadcasters who find In our most recent year of service to the themselves in need. broadcasting industry, I’m pleased to report that the Broadcasters Foundation of America was able With the vital help of many parties you will see to give a substantial sum of financial assistance to identified in these pages – Board Members, broadcasters in dire need of our support. Our efforts Corporate Angel donors, sponsors, benefactors were once again made possible by the generous and Broadcasters Foundation of America event support of industry colleagues whose commitment participants – our organization continued to to helping others contributed to a successful year provide life-saving assistance to a diverse group of for the Foundation. Thanks to numerous industry professionals in critical need. In 2017, the Broadcasters Foundation of America industry Foundation provided a record-setting amount of friends old and new, the past year was notable for grants to 287 families. the success that our organization enjoyed. I am privileged and honored to serve as the In spite of the consolidation going on in our industry, Chairman of the Broadcasters Foundation of in 2017 our Foundation continued to attract major America. On behalf of the board of directors, our funding support from individuals, leading broadcast heartfelt thanks to everyone who has made our industry companies, associations and others who work possible and made such a difference in the believe in the work we do for industry members in lives of so many. need. This past year we have had great success with our annual events, which are critical to funding the assistance we provide broadcasters and Sincerely, continue to be a major source of income to the Dan Mason Foundation. The Broadcasters Foundation of Chair America’s Golden Mike Award Dinner, The Philip J. Lombardo Charity Golf Tournament, The Leadership Awards Breakfast and The Celebrity Golf Tournament help generate essential revenue and

3 Letter from the Treasurer

I’m also very pleased to report that the Foundation’s investment advisors, as directed by the Investment Committee of the Board of Directors, continue to manage our portfolio with a conservative investment philosophy. The Investment Committee meets with the advisors on a quarterly basis and more frequently as warranted. As you will see in Leo the Financial Statements, our financial position MacCourtney has increased substantially over the prior year. The financial statements and management reports of the Broadcasters Foundation of America are carefully reviewed by the Executive Committee on a monthly basis and by the Board of Directors The Broadcasters Foundation of America relies on at its quarterly meetings. the continuing support of industry members who in turn look to the Foundation’s Board and officers No doubt 2018 will be challenging for organizations to responsibly manage and judiciously expend all such as ours, but I’m confident that the industry sums entrusted to us. Our 2017 Annual Report will continue to value our mission and generously documents the Broadcasters Foundation of support the cause of helping fellow broadcasters America’s continuing, diligent stewardship of the in need. assets we manage. It is that essential trust that makes all of our good work possible. The audited financial statements contained within the annual Sincerely, report substantiate our success in raising money Leo MacCourtney and appropriately disbursing funds to help fellow Treasurer radio and television broadcasters who find themselves in acute need. I am pleased to report that our Foundation continues to draw funds from multiple revenue streams, which helps ensure the viability and continuity of our outreach efforts. Our model remains effective for the organization. Our annual Guardian Fund and Corporate Angel Initiative both achieved our objectives in 2017. The Foundation also benefits from the diverse but complementary nature of our signature events: The Golden Mike Award, The Philip J. Lombardo Charity Golf Tournament, The Ward L. Quaal Leadership Breakfast and the Celebrity Golf Tournament.

4 LEGACY SOCIETY

The Broadcasters Foundation of America launched the Legacy Society, an initiative to ensure its ability to help Broadcast Colleagues in the future. To date, Foundation board members and supporters have committed in excess of $4,300,000 in their estate plans.

There is no more important group of supporters than the generous members of the Legacy Society. Please consider making a bequest to the Broadcasters Foundation in your will or revocable living trust. Any assets, including cash, securities, real estate or tangible personal property may be transferred to the Broadcasters Foundation through your estate.

A bequest offers many benefits, including:

Retention and full ownership and use of your assets throughout your life

Flexibility: a bequest is not permanent and can be changed if your life circumstances change

Potential reduction in taxes payable by your estate

Ease of arrangement: your attorney can incorporate gift language as part of your will.

Your bequest can be a specific amount, a specific asset, or a specific percentage of the remainder of your estate after all other obligations have been met.

Please consider joining the Broadcasters Foundation’s Legacy Society.

For more information Contact the Broadcasters Foundation at 212-373-8250 or [email protected]

Board Members and Supporters Listed Below Have Committed In Excess of $4,300,000 to the Legacy Society

Dex Allen Richard A. Foreman Dan Mason David Barrett Mark Gray William O’Shaughnessy Phil Beuth Jay & Nancy Guyther Kim Olds Joseph Bilotta Wade Hargrove Lawrence Patrick Richard Bodorff William Hoffman I. Martin Pompadur Rebecca Campbell Mel Karmazin Joseph Reilly Brian & Denise Cobb N. Scott Knight Diane Sutter Ray Cole Norman Knight Dennis Swanson Richard Ferguson Jerry Lee Diana Wilkin Skip Finley Philip J. Lombardo Michael Fiorile Leo MacCourtney

5 2017 Broadcasters Foundation of America Contributors 2017 Guardian Fund

$50,000 and Over

Bob & Marjie Bennett Foundation NewBay Media Taishoff Family Foundation Dan Mason Nielsen Foundation

$25,000

Phillip J. Lombardo Norman Knight Charitable Foundation George Stephanopoulos Mays Family Foundation Pittman Family Foundation Mac & Lisa Tichenor The Mel Karmazin Foundation Dan Savadove

$10,000 - $16,000

Amaturo Family Foundation Guild Family Foundation I. Martin Pompadur Kerby Confer Jinny Laderer Richard Eaton Foundation Joseph & Marie Field Richard Leibner Perry A. Sook Gabelli Fund William O’Shaughnessy Howard & Beth Stern

$5,000 - $9,999

Emily Barr Ebersol-Saint James Family Trust Thomas Murphy David Barrett Scott Herman Deborah Norville Philip Beuth Foundation Polly Johnson Frank Osborn Richard & Ellen Bodorff Charitable Fdn. David & Danni Lougee Maury Povich Curtis Foundation Gracia & Joseph Martore Jordan Wertlieb

$2,000 - $4,999

Jason Bailey Alina Gorokhovsky Timothy Morrissey Caroline Beasley Suzanne Grethen Nebraska Broadcasters Association George Beasley Michael Hayes Beth Neuhoff Jim Beloyianis William Hendrich Steven Newberry Timothy Busch Stephen Jones O’Toole Family Foundation Capital District Radio Association Roger Keating David Oxenford Peter Diaz David E. Kennedy Eric & Laurie Rhoads Richard A. Foreman Steven Lanzano Robert & Patricia Schmidt Alan Frank Edward & Patricia McLaughlin Fdn. Marlin Taylor Eileen Genna David Morgan

$1,000 - $1,999

James G. Babb, Jr. Stephen Hartzell Christopher Ruddy Katherine Barnett Erik & Jennifer Hellum Sean McDonough Charitable Fund Jeffrey Bartlett Brent Hensley Shaun & Barbara Sheehan Spencer Brown Kathryn Hubbard Rominski Terry & Sandra Shockley William Clark Stanley & Karen Hubbard Gordon Smith William M. Cloutier Harry Hurley Sarah & Murray Smith Brian & Denise Cobb James & Darlene Keelor Peter Sniderman Raymond Cole David Kushner Julie Talbott John Dimling Leibner Cooper Family Foundation Gregory Tantum Peter Dunn Tim & Judy McAuliff Chancellor Foundation Erica Farber Murray-Richman Law Offices Conrad Trautmann Paul Franklin Christopher Oliviero Trebek Family Foundation Edward Fritts Kate O’Shaughnessy Nulty John & Vito Verni Steven Goldstein David O’Shaughnessy Bayard “Bud” Walters Dean Goodman Matthew O’Shaughnessy Dennis Wharton Michael Grimsley Preston & Barbara Padden Laura Grott Mary Lynn Roper

6 2017 Guardian Fund Continued

$500 - $999

David Abel Michael Hulvey Dhruv Prasad Frank Biancuzzo John Humphries Bernard & Patricia Prazenica Randall Bongarten Harry & Rosemary Jessell Hank Price Jacqueline Burke Stanley & Cynthia Knott Albert Primo Richard Burns Mark & Holly Levy Ariel Roblin Rebecca Campbell Peter Lund John Rosso John David Barbara Maushard-Jones John Rouse Peter Doyle Kenneth McDonald Lyle Schulze John Drain John McSorley Allen Shaw, Jr. James Duffy Tim McVay Dean & Rita Sorenson Charitable Fdn. William Duhamel Brad Mont Gary Stone Phelps & Christel Fisher Arthur Moore Peter Tanz Steve Fisher James Morley Donna Wall Shari Gordon Harvey & Susan Nagler Walt Disney Co Fdn Wade Hargrove Tom Kent Newton Caroline Welch Charles G. Haygood Deborah Parenti Dana Withers Marc & Susan Howard Thomas & Margaret Poulos Richard R. Zaragoza

$250 - $499

Marcellus Alexander Jack & Susan Hayes Alan Quarnstrom Ahmet Alloqi Leo Henning Coe William Ramsey Katherine & Justin Antoniotti Joseph Heston Regional Reps Holding Corp Tom & Aurora Birch Robert Hubbard Kenneth Satten Richard Block Dan Joerres Gary Schonfeld Dom Camera Erwin Krasnow John Soapes Emerson Coleman Wayne Lougheed Filomena Soyster Richard Cummings Michael Luckoff Caroline Taplett John Feore Leo MacCourtney James B. Thompson William Fine James Meltzer Nicholas Trigony Robert L. Fox Jessica Meyrowitz Mary Tudisco John Gehron John & Susan Moran Carolyn Tyson David Glazer Kevin Moriarty Melodie Virtue Ashley Gold Peter & Nancy Newell Robert Williams Marc Greenspan Kevin O’Kane Charles & Michelle Wolfertz Kyle Grimes Frank Pesce James Gwynne Stan Pylant

Up to $249 Kristopher Abrams Howard Cross Marty Iker Steven Mills D. Whitson & Janet Adamson Derek Dalton Dennis Jackson William Moll Amazon Smile Foundation Michael David Dandry Peter Kadetsky John Mors Abby Auerbach Brenda Deaton Lauren Kahn Fred Morton Robert Backman Assunta DeFrancesco Leah Kamon Anne Moses Jason Bean Montgomery Delaney Michelle King William Murray Carolyn Becker Michael Doyle William King, Jr. John Murtagh Don Benson Richard Dwyer Rebecca Kizer Dennis Nardone Kenneth & Katherine Bialo Brook Edinger Richard Kozacko Royce Nation Andrew Bilotta Thomas Eggert Michael Kristof Monica Norris Joe Bilotta Scott Enright Christopher Lamoureux Larry Oaks Valerie Blackburn Howard Eskin Milagros Lecuona Kenneth & Cristina Ohr Jonathan Blake Eric Fahnoe Gary Lee Valerie & John O’Keeffe Gary Blievernicht Louis & Mary Ann Felicione Gisela & Walter Lipow Thomas Olson Adam Bradley Douglas Ferber Alvin Lustgarten Cary & Barbara Pahigian Beau Brewer Norman Feuer Dennis Lyle Jay Philippone Adiesa Brown Andrew Fitzgerald Mark Maben James Picou Chad Brown Griffith & Carole Foxley Dr. Robert K. MacLauchlin Frederick & Marion Pierce Pat Bryson Joyce Friberger Michael Maczko Jane Pigg Sally Buckman Grace Fritzinger James Maisano Roger Rafson Roger Burke Robert Gibson Paul Malgieri Earl F. Reilly, Jr. Jedidah Burns Scott Gilbert Mathew Mari John Reiser Michelle Butt Bryan Goldmark Gregory Masters Michael Rice Wayne Cabot Robert Goodrich Stephen Mayo William Ritter Robert Call Mark Gordon Joseph McCallion Larry Roberts Mark Carey Ralph & Mary Anne Gregory Gregory McCown Sean Ross Herbert Carson Laura Hangren Claudia McDonnell Barbara Rounds David Casper Mark Hansell Victor McGill J. Warner & Nancy Rush Mark Charles Edmond James Harrison Phyllis McGinnis Stefan Rybak Patricia Chuh Thomas Hartmann John McMorrow Arlene Salman Joseph & Marina Coneeny Ned Hentz Christine Merritt Michael Sankovich Contacts Media Carol Heynen Dr. Louis & Maria Miele Leonard Schneiderman James Coppersmith Gail Hotz Matt Mills James & Martha Schuh

7 2017 Guardian Fund Continued Up to $249 (continued)

Kenneth Selvaggi Elizabeth Spainhour Andrew Vrees David Woods Glenn Serafin Julia Stein Patrick Walsh Charles Wooten Kenneth Share Robert Straeb Thomas Weeden Karen Wright Ty Shea J. Kevin Stuart Florence Weiss Jeff Wyatt John Shine Diane Sutter Jeff Wender Philip Zachary Benjamin Singer Mike Sutton Donald West Fran Sisco Jeanette Tully Gary West Jon Skorburg Michelle Vetterkind James Williams

2017 Phillip J. Lombardo Challenge Match The following contributors made matching challenge gifts. $50,000

Philip J. Lombardo (matching gift) $11,000 - $15,000

Brian & Denise Cobb Richard Foreman

$5,000 - $10,000

Jerry Lee I. Martin Pompadur Diana Wilkin

$1,000 - $2,000

Joseph Bodan Scott & Beth Herman Dan Mason Filomena Soyster Richard & Ellen Bodorff Scott Knight William McElveen Valari Staab Raymond Cole Steven Lanzano Elizabeth Neuhoff James Thompson Mark Gray Ernest Liebre William O’Shaughnessy Jeffrey Warshaw Jeff Haley Leo MacCourtney Joseph Reilly Jordan Wertlieb

2017 In Honor Of… Guardian Gifts Contributors

Citadel Communications Jeff Hedges William O’Shaughnessy Julianne Wilhelm Scott Herman Dr. Raymond Griffin Haina Just-Michael Peter Doyle Scott Herman Valerie & John O’Keeffe Lisa Ann Bonk Steven Lerman Fred Bennett Tom Osenkowsky Tony Durpetti Michael Rice George Pine Jerry Lee George Pine Elizabeth Ryder Eddie Fritts Wiley Rein LLP Paul Tinkle Dan Mason Arkansas County Broadcasters Television Bureau of Advertising Wade Hargrove EAB of Russellville Julianne Wilhelm Mark J. & Robin Prak East Arkansas Broadcasters Jim Thompson Michael Harris Mark Mason William O’Shaughnessy Gary Stone George Pine

8 2017 Memorial Guardian Gifts Contributors

Dick Albert Ramsey Elliott Linda Fries John Rook Candy Altman Robert “Doc” Fuller Richard & Catherine Schmoker Robert “Doc” Fuller Ed Argow Stan Feinblatt Gary & Linda Fries Ron Ruth Jeffrey Dashev David Feinblatt Kelly Norris Judith Carlough Monte & Lillian M. Lang Jerry Feniger Michael Thorell Scott Herman Arthur Badavas Abby Auerbach George Fritzinger William Lynett George Pine Robert “Doc” Fuller Annette Malave Gary Fries Ron Rodrigues Lupita Balli Bob & Jane Ann Byroad Ray Holbrook Tommy Balli Michael Carter Michael Tarter Dick Savage James Duffy Warren Bodow James Champlin Josh Houchins George Pine Lynn Christian Wendy Gunn Edward Schumacher Joseph Reilly David & Beth Crowl WTUZ Radio Lindsay & Amanda Davis Nolan Kenner Rick Buckley Michael Tarter Stuart Soroka Peter Doyle Dennis Jackson Frank Boyle Erica Farber Carmella Kosinski Raymond Cole Paul Fiddick William O’Shaughnessy Paul Taff Eric Fahnoe Richard A. Foreman Dawn Taff Albert Makkay Richard Ferguson Linda Fries Maureen Makkay Peter Ury Robert “Doc” Fuller Scott Herman C. Robert Hillman Wayne Mulligan Renee Hoering Tony Malara Bob Weiss Daniel Spears Dennis Wharton & Lisa Ingram Toby Malara George Pine Bill Burton Millie Katzen Steve Marx Richard Ferguson Patricia Martin Bill Saurer Don Woodman Dan Mason George Pine Arthur Carlson Jeff Morgan William O’Shaughnessy Linda Carlson Bayard “Bud” Walters Radio Advertising Bureau Jazzbo Collins Joseph Reilly Joseph & Barbara Parenti Jaime Arbona Ron Rodrigues Deborah Parenti Carl Conner William Saurer Ward L. Quaal Edward Cohen Richard & Catherine Schmoker Rondi Carlsen Jeffrey Smulyan Jim Dowdle James B. Thompson Wayne Rogers William Murray Gary West George Pine

2017 Stu Olds Memorial Contributors

$10,000

19th Hole Society

$5,000

Don Bouloukos

$1,000 - $1,500

William John Hare Kim Olds Michael Owens Scott Herman

Up to $500

Ray Cole Steven Kabatsky & Caryn Jacoby Michael Spiesman David Crowl Robert McArthur James B. Thompson Robert Damon Stephen Parks Jeffrey Trumper Richard Ferguson Larry Roberts

9 2017 Stu Olds Memorial Contributors (Katz Membership Drive)

$250 - $2,000

Arthur Altman Jana Cosgrove Matthew Kluft David Bisceglia Thomas Flood Leo MacCourtney Joseph Brewer Mark Gray Nina Mauro Craig Broitman Sean Jody Victor McGill Chad Brown Wendy Jones Christine Travaglini Up to $250

Becky Allegra Noel Goldman Lisa Padron Dara Anderson Helaine Greenbaum Melissa Page Tracy Barber Shaunagh Guinness Kelli Park Dan Barker James Gwyne Kelley Parker Tiffany Barocas Whitney Hanzlicek Kristin Pennino Elizabeth Batista Elisa Hart Mike Perinelli Kaitlynn Bauer Renee Hartman Brady Pocsik Michael Blauner Sheryl Hatfield Scott Porretti Michelle Blevins Marguerite Hauck Kristina Presern Eileen Brady Trevor Heaton Lori Pridgen Adiesa Brown Susan Hegmann-Thompson Michael Quinn Kimberly Browne Laura Heinrich Richard Raaf Benjamin Buchwald Steven Henderson Florentino Reyes Robert Cain John Hesano Mark Rivera Peter Campbell Terrance Houston Larry Roberts Michael Canter Evan Jaffe Edward Robertson Megan Carson Tyler Jones Michelle Robinson Nicky Cassidy Janet Judge Raysa Rodriguez LaTonya Chenault John Kaufman Albert Romano John Chiocco Mary Kelleher Reid Rosello Nina Chow Jack Kimball Edward Rosen Lisa Cirigliano Paul Klein Elizabeth Ryckman James Clemente Julie Krempel Sherri Sadon Brenda Clough Mike Kronenfeld John Saindon Mark Clowers David Kushner Steven Sarantos Catherine Clowers Julie Lane Stacey Schulman Julia Colon Michael LaSardo Heather Scott Lesley Combs Leslie Leventman Yoni Serfaty Michael Coniglio Alexander Lunney Joshua Sermons Lindsay Cooper Robert Lyons Christopher Shellgren Matthew Cowan Sarah Macheca Joanne Sinelli Patricia Cunningham Paul Malgieri Adrienne Acuna Skowron Edward D’Abate Lori Mandel Christine Sorensen Brock Davison Raquel Manning Julia Stein Brenda Deaton Cortney Matern Katie Strauss Anthony DeMasi Nancy McCartin Diahann Strickland Ellen Dolan Matthew McCausland Maya Szymanski Brian Donley Brian McElroy Brian Tarleton Michael Donnelly Kerry McFeetors Scott Taylor Peter Eilenberg Patrick McGee James Thompson Lori Evans Lauren McHale John Thorne Robert Fabian Stefana Medina Kathleen Thornton Bryan Forbes Jackelin Mercadal Ben Trelles Jr Cathleen Fox G Matthew Meyer Kelley Tremalgia Robert Frazzetto Jr Casey Meyers Jenny Veal Clayton Frenzel Kate Miller Richard Vicente Chris Frost David Morganlander Terry Volbert Denise Galiber Susan Morris Kenneth Waller Louis Gangi Meredith Murphy Michael Weiss Mary Beth Garber Kevin Murray Phillip Whisnant John Garee Kara Michelle Newman Ed Whitman Will Gibson David Noviello Matt Wilfinger Roy Gilman Michael O’Dea Brad Young Emily Ginsburg Kristin Ohlendorf Gregg Goldberg Melissa Ostrander 10

2017 Corporate Angel Initiative

The Broadcasters Foundation of America Corporate Angel Initiative has completed its thirteenth year. We are grateful for the generous contributions from the radio and television broadcasting companies and state associations included in the listing that follows. These organizations have made an an- nual corporate commitment to the mission of the Foundation by becoming a Corporate Angel.

The Corporate Angel Initiative is a corporate opportunity to join those individuals who are already making an annual gift to help ensure that no future call for help from a fellow broad- caster in need will go unanswered. Corporate Angels are an essential element of the Foundation’s commitment to provide critical assistance well into the future.

12 2017 Corporate Angel Initiative Contributors

$20,000 - $25,000

Gray Television iHeartMedia Group Tribune Media Hearst Television

$10,000 - $15,000

ABC Owned Television Stations TEGNA, Inc. Nexstar Broadcasting, Inc. ASCAP Graham Media Group Raycom Media CBS Television Stations Meredith Corporation Scripps TV Station Group Cox Television/Cox Media Group NBC Universal

$5,000

McKinnon Broadcasting (KUSI) United Stations Radio Networks

$1,100 - $3,000

Citadel Communications Company Marketron Oakley-Lindsay Fdn of Quincy Newspapers Compass Media Networks, LLC Nebraska Broadcasters Association Salem Media Group Dispatch Broadcast Group New Jersey Broadcasters Association Tennessee Assc. of Broadcasters Illinois Broadcasters Association

$1,000

Alabama Broadcasters Association Maryland, DC, Deleware Broadcasters Virginia Association of Broadcasters Arizona Broadcasters Association National Radio Talent System Wisconsin Broadcasters Association Beasley Broadcast Group New York State Broadcasters Assc. WPLG-TV 10 Colorado Broadcasters Association North Carolina Assc of Broadcasters Yamanair Creative, LLC Hawaii Association of Broadcasters NRG Media LLC

Up to $500

JL Media, Inc. NewsCheckMedia, LLC

13 Golden Mike Award

Jim Thompson, Paul Karpowicz, Dan Mason and Tim McAuliff

2017 Golden Mike Award February 27, 2017 The Plaza Hotel – New York City

The 2017 Golden Mike Award was presented to Paul Karpowicz, President of Meredith Corporation’s Local Media Group, on February 27, 2017 at the Plaza Hotel in New York City. More than 250 radio and television industry executives and celebrities were in attendance for the event, which was hosted by Tim McAuliff, former President and Chief Executive Officer of Petry Media Corp. The evening’s presenters were Steven Lanzano, President of the Television Bureau of Advertising (TVB), Mike O’Neill, President and Chief Executive Officer of Broadcast Music, Inc. (BMI) and Senator Gordon Smith, President and Chief Executive Officer of the National Association of Broadcasters (NAB).

The Broadcasters Foundation also presented the 2017 Lifetime Achievement Award to Bill Hoffman, retired President of Cox Media Group. Triple-platinum pop star and BMI songwriter Andy Grammer rocked the house with his smash hits, “Keep Your Head Up,” “Honey, I’m Good,” and “Fresh Eyes.” The event raised $265,000 for broadcasters in need.

14 2017 Golden Mike Award Contributors

$47,000

Meredith Broadcasting Group

$34,000

Cox Media Group

$21,000

BMI Hearst Television TEGNA Inc.

$17,000

CBS Television Stations NBC Universal

$15,000 - $15,500

ABC Owned Television Stations Moelis & Company

$12,500 - $13,000

ASCAP Dan Mason Norman Knight Charitable Fdn Citadel Communications Co. National Assoc. of Broadcasters Tito’s Handmade Vodka Katz Radio Group

$5,000 - $10,500

The Associated Press Gabelli Funds Traffic Cast Fox Networks

$4,000 - $4,600

CBS Television Distribution Graham Media Group Television Bureau of Advertising

$2,000 - $3,900

Beasley Broadcast Group Masud Labor Law 20th Television CapTrust Financial Advisors National Basketball Association United Stations Radio Networks Brian Cobb NewBay Media v Creative Debmar-Mercury O’Connor Davies Wiley Rein LLP Emmis Communications Radio Advertising Bureau Ion Media Networks Tribune Media Services

Up to $1,700

Randy Bongarten Marketron Richard A. Foreman Associates Cumulus Media John Momtazee Damian Riordan Michael Cutchall Neuhoff Communications Twelve 24 Media Frank N, Magid Associates Nielsen Company WBEB-FM

15 Philip J. Lombardo Charity Golf Tournament

NAB Group, Low Net Winners

2017 Philip J. Lombardo Charity Golf Tournament April 23, 2017 Bali Hai Golf Club, Las Vegas, Nevada

The 23rd Annual Broadcasters Foundation of America PJL Charity Golf Tournament was held on Sunday, April 23rd at the Bali Hai Golf Club. Named in honor of our former chairman, this event is held during the NAB Show in Las Vegas and draws radio and television broadcasters from across the industry.

16 2017 Phillip J. Lombardo Charity Golf Tournament Contributors

$10,000 - $15,000

National Associations of Broadcasters U.S. Trust

$6,000 - $8,500

Katz Television Group Norman Knight Charitable Fdn. Tito’s Handmade Vodka

$5,000

CBS Television Stations ION Media Networks Morgan Murphy Media Citadel Communications Company KUSI-TV TEGNA, Inc. Cooley LLP Meredith Broadcasting Group Wiley Rein, LLP

$2,500 - $4,500

Nielsen

Up to $2,499

ABC News Radio Gammon Miller, LLC RCS CBS Affiliate Relations NewBay Media Share Rocket Inc. CBS Radio

17 Ward L. Quaal Leadership Awards and The Lowry Mays Excellence in Broadcasting Award

Dan Mason, Jeff Smulyan, Lowry Mays, Jim Thompson

Dan Mason, Diane Sutter, Jim Thompson

Ward L. Quaal Leadership Awards, Lowry Mays Excellence in Broadcasting Award & Chairman’s Award April 26, 2017, The Wynn Hotel, Las Vegas

The 2017 Ward L. Quaal Leadership Awards were presented to John David, Harry Jessell, Scott Knight and the Knight Family, David Lougee, Larry Patrick, Diane Sutter.

The 2017 Chairman’s Award was presented to William Duhamel.

The 2017 Lowry Mays Excellence in Broadcasting Award was presented to Jeff Smulyan.

More than 250 television and radio broadcasters assembled for the annual Broadcasters Foundation of America Leadership Breakfast to honor eight of the most prominent figures in broadcasting with six Ward L. Quaal Leadership Awards, the Lowry Mays Excellence in Broadcasting Award and the Chairman’s Award. The Leadership Breakfast took place in conjunction with the NAB Show in Las Vegas in April 2017. The Foundation Leadership Breakfast is complimentary to all thanks to the generous support of the National Association of Media Brokers (NAMB), Frank N. Magid Associates, Marketron, the NAB, Nielsen, AccuRadio, TVB and the RAB. 18 2017 Leadership Awards Breakfast Contributors

$4,000 - $5,000

Marketron National Assoc. of Media Brokers Television Bureau of Advertising

$2,000 - $3,000

AccuRadio Neuhoff Communications Radio Advertising Bureau Frank N. Magid Associates Patrick Communications Triton Digital

Up to $1,000

Bayou City Broadcasting Graham Media Group Paul, Weiss, Rifkin, Wharton Beasley Media Group Hearst Television & Garrison LLP Tom Bergeron Hubbard Radio Presslaff Interactive Revenue California Oregon Broadcasting Inc Katz Media Group Richard A. Foreman Associates CBS Radio Legal Sea Foods TEGNA, Inc. Cromwell Group Moelis & Company University of Southern California Emmis Communications NewsCheckMedia LLC v Creative ESPN Nielsen Audio Wiley Rein LLP Will Fuller Norman Knight Charitable Fdn. Wilkinson, Barker, Knauer LLP

19 Celebrity Golf Tournament

2017 Celebrity Golf Tournament September 12, 2017 Sleepy Hollow Country Club, Briarcliff Manor, NY

Over $280,000 was raised to help broadcasters in need at the 2017 Broadcasters Foundation of America Celebrity Golf Tournament, held this past September at Sleepy Hollow Country Club, Briarcliff Manor, NY.

More than 150 broadcasters and celebrities turned out to support the mission of the Broadcasters Foundation of America. Celebrity golfers included: Bruce Beck, WNBC-TV; Tina Cervasio, CBS Sports; Rachel Grant, actress and philanthropist; Jay Harris, ESPN; Otis Livingston, WCBS-TV; Karl Nelson, NY Giants; Lee Saltz, New England Patriots; Bill Smitrovich, film & television actor; John Starks, NY Knicks; Bob Wischusen, voice of the New York Jets, and more.

Event Chair for 2017 was Leo MacCourtney, President and Chief Executive Officer of Katz Television Group. The event Title Sponsor was Evercore Wealth Management, with additional sponsorships from ABC Channel 7, CBS Television, CBS Radio, NBC-Owned TV Stations & Telemundo Station Group, Eileen & Jack Connors, Jr., ESPN Radio, Empire Merchants, Flexjet, Norman Knight Charitable Foundation, Marketron, Nielsen, Putnam Investments, Tito’s Handmade Vodka, Ned and Kate Hentz, and others.

20 2017 Celebrity Golf Tournament Contributors

$25,000 - $30,000

Evercore Wealth Management, LLC Norman Knight Charitable Fdn. Putnam Investments

$$15,000 - $15,500

ESPN NBC Universal

$10,000 - $14,500

ABC Television Empire Merchants Nielsen Company CBS Radio Marketron Tito’s Handmade Vodka

$5,000 - $9,500

BMI Hearst Television National Association of Broadcasters CBS Television Stations ION Media Networks Olivio Premium Products Citadel Communications Company Katz Radio Group PKF O’Connor Davies Connors Family Foundation Katz Television Group Regional News Network CoxReps Meredith Broadcasting Group United Stations Radio Networks Gabelli Funds

$2,000 - $4,500

Accelerated Media Technologies Graham Media Group Television Bureau of Advertising Beasley Broadcasting Group Lily Broadcasting Tribune Broadcasting Company CapTrust Financial Advisors NewBay Media Triton Digital ChryonHego Corporation Nick Buoniconti U.S. Trust Cordillera Communications Premiere Networks Vizrt Diageo/Guinness Sinclair Broadcasting Group Wiley Rein LLP FX Design Group

Up to $1,000

Mark Lund Preston-Patterson Co. WCOV Fox 20

21 The Broadcasters Foundation of America greatly appreciates the in-kind contributions and underwriting graciously offered by the following benefactors:

2017 Guardian

Richard Bodorff, Esq. Wade Hargrove, Esq. Whitney Media Renee Cassis NewBay Media

2017 Phillip J. Lombardo Charity Golf Tournament

Broadcast Music, Inc. Nielsen Norman Knight Charitable Fdn National Assc. of Broadcasters

2017 Leadership Awards

AccuRadio National Association of Broadcasters Radio Advertising Bureau Frank N. Magrid Assoc. National Association of Media Brokers Television Bureau of Advertising Marketron Nielsen

2017 Celebrity Golf Tournament

ABC Television ESPN Radio Group White Elephant Broadcast Music, Inc. Flexjet

Board Meetings - Hosting

Katz Media Group, Inc. Whitney Media

Office and Administrative Support

Brooks, Pierce, McLendon & Leonard LLP Citadel Communications Co. Wiley Rein LLP CapTrust Financial Advisors Katz Media Group, Inc

22 Broadcasters Foundation of America

The Foundation’s certified financial statements were audited by PKF O’Connor Davies, LLP, which they issued an unmodified opinion, on April 30, 2018. The following statements of financial position, activities and cash flows were extracted from the audited financial statements. A full copy is available upon request.

  
 



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25

Broadcasters Foundation of America Board of Directors — 2017

Dan Mason, Chairman Richard A Foreman, Vice Chair (Jan-Jun 2017) Jordan Wertlieb, Vice Chair (Jun-Dec 2017) Bill Hoffman, Vice Chair (Jan-Jun 2017) Jim Thompson, President Scott Herman, Vice Chair (Jun-Dec 2017) Peter Doyle, Vice President Board of Directors

Caroline Beasley Wade Hargrove, Esq. I. Martin Pompadur President & CEO Partner Consultant & Investor Beasley Broadcast Group Brooks, Pierce, McLendon, Humphrey & Leonard LLP Joseph Reilly Phillip R. Beuth President Capital Cities, ret. Louis Hillelson Empire State Broadcasting Corp. VP/Group Publisher, B&C/Multichannel News Richard J. Bodorff NewBay Media Sen. Gordon H. Smith Partner President & CEO Wiley Rein LLP Paul Karpowicz NAB President Rebecca S. Campbell Meredith Corporation Local Media Group Jeffrey H. Smulyan President, Walt Disney Co. Chairman & CEO Europe, Middle East, Africa N. Scott Knight Emmis Communications President & CEO Brian E. Cobb Knight Media Group Perry A. Sook President President & CEO CobbCorp Brian Lawlor Nexstar Broadcasting Group, Inc. Sr. Vice President, Television Raymond H. Cole E.W. Scripps Television Station Group Valari Staab President & COO President Citadel Communications Company LP David T. Lougee NBC Owned TV Stations & Telemundo President Station Group Peter Dunn TEGNA Media President George Stephanopoulos CBS Television Stations DuJuan McCoy Good Morning America Owner/President/CEO Erica Farber Bayou City Broadcasting Nicholas J. Verbitsky President & CEO Chairman Radio Advertising Bureau Elizabeth Neuhoff United Stations Radio Networks President & CEO Joseph M. Field Neuhoff Communications Jeffrey Warshaw Chairman CEO Entercom Communications Deborah Norville Connoisseur Media Inside Edition Michael Fiorile Diana Wilkin Chairman & CEO Michael O’Neill Managing Partner Dispatch Broadcast Group President & CEO Twelve 24 Media BMI Mark Gray Chairmen Emeritus: CEO William O’Shaughnessy Philip J. Lombardo Katz Media Group Chairman Edward F. McLaughlin WVOX/WVIP-Whitney Media Kim Guthrie President Cox Media Group

Officers

Joseph Bilotta, President & CEO, JMB Solutions, LLC Jeff Haley, President & CEO, Marketron Steven Lanzano, President, TVB Frank Pesce, VP Business Affairs, Broadcasters Foundation of America Leo MacCourtney, President & CEO, Katz Television Group Julie Talbott, President, Premiere Networks Mission Statement The mission of the Broadcasters Foundation of America is to improve the quality of life for professional men and women in the television and radio broadcast industry and their families who, through no fault of their own, are in acute need. The foundation reaches out across the country to identify and provide anonymous assistance in cases of critical illness, advanced age, death of a spouse, accident and serious misfortune.

125 West 55th Street, 4th Floor, New York, New York 10019 212-373-8250 • [email protected] • www.broadcastersfoundation.org The Broadcasters Foundation of America is a 501(c)3 Public Charity