Katz Media Group will receive the 2025 Philip J. Lombardo Spirit Award from the Broadcasters Foundation of America (BFOA) for its dedicated support of broadcasters in need. CEO Mark Gray, a longtime BFOA board member, will accept the honor at the Golden Mic Gala in New York City on March 10. Katz has raised over $450,000 for BFOA through its annual donation drive, launched under former CEO Stu Olds. After Olds’ passing in 2010, the company established The Stu Olds Memorial Fund, directing all proceeds from the Katz Drive to support broadcasters facing hardships. “Katz is deeply committed to supporting the Broadcasters Foundation and helping our broadcast colleagues during the most challenging times in their lives,” said Gray. BFOA President Tim McCarthy praised Katz’s unwavering commitment, stating, “The Katz Drive has become vital to our Foundation.” Other gala honorees include Dan Mason and Brian Lawlor. The 2025 Katz Drive is scheduled for February.