The Eli and Edythe Broad Foundation
The Eli and Edythe Broad Foundation is a private independent foundation established in 1999 and headquartered in Los Angeles, California. The foundation advances entrepreneurship for the public good by investing in people, programs, and institutions that improve the human mind, body, and spirit across three primary sectors: education, science, and the arts.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$1.9B
+2.4% YoY
Annual Giving
$148.0M
+19.8% YoY
Grant Count
126
-1.6% YoY
Avg Grant Size
$1.2M
+21.7% YoY
Mission & Focus Areas
The foundation's mission is to advance entrepreneurship for the public good in education, science and the arts. The foundation steadfastly stewards groundbreaking independent institutions while elevating organizations, initiatives and leaders that boldly address contemporary challenges and expand opportunity for Los Angeles' historically marginalized communities.
Current Focus Areas
Flagship Initiatives:
- The Broad Center at the Yale School of Management (develops leaders to transform America's urban public schools)
- Broad Institute of MIT and Harvard (a global leader in genomics)
- The Broad (a contemporary art museum in downtown Los Angeles with free general admission)
- BroadStage
Investing in the Future of Los Angeles encompasses three interconnected focus areas:
- Skills for the New Economy
- Civic and Community Development
- Pathways to Economic Opportunity
The foundation also supports arts and culture initiatives to increase access to visual and performing arts.
Grantmaking
The foundation does not respond to unsolicited applications for funding.
Grant Range
** $134 to $50,000,000
Average Grant
Amount:** Varies by program area
How to Apply
The foundation does not respond to unsolicited applications for funding.
Ready to take the next step with The Eli and Edythe Broad Foundation?
Geographic Focus
Where this funder awards grants
The foundation primarily funds in California, with particular emphasis on Los Angeles. The foundation also supports organizations and initiatives in the District of Columbia and New York.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $1,860,562,867
- Total Revenue: $89,134,172
- Total Expenses: $158,534,598
- Total Liabilities: $368,000,000
- Giving Rate: 7.1%
As of 2023:
- Total Assets: $1,816,766,371
- Total Revenue: $112,993,873
- Total Expenses: $141,772,365
Staff: 6 employees (as of 2024)
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $1,860,562,867 | $1,816,766,371 | $1,796,026,081 |
| Revenue | $89,134,172 | $112,993,873 | $135,756,363 |
| Expenses | $158,534,598 | $141,772,365 | $87,282,175 |
| Qualifying Distributions | $152,761,782 | $128,617,362 | $126,264,578 |
| Net Investment Income | $64,038,049 | $29,779,984 | $81,276,610 |
| Distributable Amount | $93,885,187 | $88,973,863 | $100,138,998 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
250 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Edythe L. Broad – Trustee (2 hours/week)
- Gerun Riley – President, Trustee (30 hours/week; compensation: $510,400)
- Suzanne Nora Johnson – Trustee (2 hours/week)
- Jay Wintrob – Trustee (2 hours/week)
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| EDYTHE L BROAD | TRUSTEE | 2 | — |
| GERUN RILEY SEE STATEMENT | PRESIDENT, TRUSTEE | 30 | $521,400 |
| SUZANNE NORA JOHNSON | TRUSTEE | 2 | — |
| JAY WINTROB | TRUSTEE | 2 | — |
Recent News & Activity
Recent developments and announcements
The foundation has announced several significant initiatives and grants:
Increased commitment of $113 million to support stem cell research centers at UCLA, UCSF, and USC
BOOST Program Launches to Support LACCD Health Students with $3 Million inLaunch of the BOOST Program providing $3 million in guaranteed basic income to support LACCD Health Students
BOOST Program Launches to Support LACCD Health Students with $3 Million in$2 million grant to LACI to support green workforce development and clean energy initiatives aligned with the 2028 Olympics
BOOST Program Launches to Support LACCD Health Students with $3 Million in$10 million grant to UCLA
LACI Celebrates $2 Million Grant From The Eli And Edythe Broad Foundation;2025 grants and partnerships announced
Subject Areas
Focus areas based on grantmaking activity
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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