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.
Key facts about The Eli and Edythe Broad Foundation
- EIN
- 95-4686318
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $147,984,903
- Grants made (2024)
- 126
- Average grant
- $1,174,483
- Median grant
- $127,500
- New grantees (estimate)
- 36% first-time grantees (43 of 119, 2024)
- Total assets
- $1,860,562,867
- Primary geography
- California (52% of itemized 2024 grant dollars)
- How to apply
- The foundation does not respond to unsolicited applications for funding. Full details ↓
Data from IRS Form 990-PF, 2024; updated June 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who The Eli and Edythe Broad Foundation funds
By grant dollars, the top recipient states for The Eli and Edythe Broad Foundation's 126 itemized 2024 grants were California (52%), Massachusetts (34%) and Connecticut (11%). The most frequent recipient cities were Los Angeles, CA (73 grants), Sacramento, CA (7 grants), Washington, DC (6 grants) and New York, NY (4 grants). 2% of grants with a stated purpose were for general or operating support.
Is The Eli and Edythe Broad Foundation open to new grantees?
36%
first-time grantees, 2024
In 2024, 43 of 119 grantees (36%) were first-time recipients. First grants averaged $212K; repeat grants $1.8M. How we count
Medians: $50K first-time, $128K repeat.
- 57% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (+17%). Method
- In 2024 it paid out 163% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized IRS Form 990-PF grant lists (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with The Eli and Edythe Broad Foundation
- How to evaluate The Eli and Edythe Broad Foundation as a funder
Our grant prospecting guide: read the 990-PF, check fit, and decide whether to apply.
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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
Under IRS private-foundation payout rules, The Eli and Edythe Broad Foundation reported a distributable amount of $93.9M for 2024 — the minimum it must pay out in qualifying distributions.
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
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
Share of all 126 itemized 2024 grant dollars.
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 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
609 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Broad Institute of MIT and Harvard ($50,000,000), The Broad ($27,789,936 across 4 grants), The Broad Art Foundation ($27,000,000).
| Recipient | Purpose | Amount |
|---|---|---|
| BROAD INSTITUTE OF MIT AND HARVARD Cambridge, MA | SCI & MED RESEARCH - TO SUPPORT BIOMEDICAL AND GENOMIC RESEARCH TO ADVANCE TREATMENTS AND CURES FOR DISEASE | $50,000,000 |
| THE BROAD ART FOUNDATION Los Angeles, CA | ARTS - TO SUPPORT ART COLLECTION AND LENDING ACTIVITIES | $27,000,000 |
| THE BROAD Los Angeles, CA | ARTS - OPERATING SUPPORT FOR FREE GENERAL ADMISSION CONTEMPORARY ART MUSEUM IN LOS ANGELES | $16,104,936 |
| YALE UNIVERSITY New Haven, CT | EDUCATION - TO ENDOW AND ESTABLISH THE BROAD CENTER AT THE YALE SCHOOL OF MANAGEMENT | $16,000,000 |
| THE BROAD Los Angeles, CA | ARTS - SUPPORT PLEDGE FOR FREE GENERAL ADMISSION CONTEMPORARY ART MUSEUM IN LOS ANGELES | $6,000,000 |
| THE BROAD Los Angeles, CA | ARTS - INVESTMENT TO INCREASE ACCESS TO THE VISUAL, PERFORMING, AND LITERARY ARTS | $5,000,000 |
| FOUNDATION FOR THE LOS ANGELES COMMUNITY COLLEGES Los Angeles, CA | PATHWAYS - INVESTMENT TO CREATE PATHWAYS TO FAMILY WAGE-EARNING JOBS IN LOS ANGELES | $2,268,350 |
| GREAT PUBLIC SCHOOLS NOW Los Angeles, CA | SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY | $2,250,000 |
| EXPANDED LEARNING ALLIANCE EXPANDLA Los Angeles, CA | SKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY | $1,923,310 |
| VANGUARD CHARITABLE ENDOWMENT PROGRAM Warwick, RI | FUNDING TO SUPPORT ELIGIBLE PUBLIC CHARITIES | $1,500,000 |
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 IRS 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
Frequently Asked Questions
What does The Eli and Edythe Broad Foundation fund?
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. **Flagship Initiatives:** • The Broad Center at the Yale School of Management (develops leaders to transform America's urban public s…
How do I apply for a grant from The Eli and Edythe Broad Foundation?
The foundation does not respond to unsolicited applications for funding. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
Where does The Eli and Edythe Broad Foundation make 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.
What size grants does The Eli and Edythe Broad Foundation award?
In 2024, The Eli and Edythe Broad Foundation awarded 126 grants totaling $148.0M — an average of about $1.2M per grant, based on its IRS Form 990 filings.
How much is The Eli and Edythe Broad Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The Eli and Edythe Broad Foundation reported a distributable amount of $93.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The Eli and Edythe Broad Foundation's EIN?
The Eli and Edythe Broad Foundation's EIN (Employer Identification Number) is 95-4686318. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.