The George Foster Peaboy Awards, better known as simply the Peabody Awards, are annual, international awards for excellence in radio and television broadcasting. First awarded in 1941 for programs from the previous year, they are considered the oldest honors in electronic media. The awards are administered by the Henry W. Grady College of Journalism and Mass Communication at the University of Georgia (UGA). The awards are named after the businessman and philanthropist George Foster Peabody. As part of his philanthropic activities, Peabody donated the funds that created the awards. Lambdin Kay, public-service director for WSB radio in Atlanta, Georgia at the time, is credited for creating the award.