The Eli and Edythe Broad Foundation logo

The Eli and Edythe Broad Foundation

LOS ANGELES, CA EIN: 95-4686318 Website

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

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.

Research compiled by Grantable AI from public sources. Last updated April 2026.

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

18states
+10 more states

Cities

AtlantaAzuzaBerkeleyBeverly HillsBostonBronxBrooklynBroomfieldBurbankCalabasasCambridgeChicagoCommerceComptonCulver CityDetroitDowneyEast LansingEl CerritoGlendale

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)

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$66M$133M$199M$265M20202021202220232024
Metric202420232022
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

$0$37M$74M$111M$148M130 grants2020119 grants2021106 grants2022128 grants2023126 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

BROAD INSTITUTE OF MIT A…$50.0MEXPANDED LEARNING ALLIAN…$1.9MAMERICAN JOURNALISM PROJ…$840KFOUNDATION FOR CALIFORNI…$684KCOMMUNITY PARTNERS$600KCALIFORNIA VOLUNTEERS FUND$500KCCF COMMUNITY INITIATIVE…$500KEDUCATION TRUST$337KCOALITION FOR RESPONSIBL…$313KCALIFORNIA COMPETES$255K

Grant Size Distribution

250 grants across all recorded years

119<$50K23$50–100K45$100–250K29$250–500K15$500K–1M15$1–5M4$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Broad Institute of Mit and Harvard ($50,000,000), Expanded Learning Alliance Expandla ($1,923,310), American Journalism Project Inc ($840,000).

RecipientPurposeAmount
ALLIANCE COLLEGE-READY PUBLIC SCHOOLS FOUNDATION LOS ANGELES, CASKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY$155,000
ALLIANCE FOR CHILDREN'S RIGHTS LOS ANGELES, CACIVIC AND COMMUNITY - INVESTMENT TO SUPPORT PUBLIC PRIVATE PARTNERSHIPS, CIVIC OR COMMUNITY-BASED CHARITABLE INITIATIVES$5,000
AMERICAN INSTITUTE OF MATHEMATICS PASADENA, CASKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY$35,420
AMERICAN JOURNALISM PROJECT INC WASHINGTON, DCCIVIC AND COMMUNITY - INVESTMENT TO SUPPORT PUBLIC PRIVATE PARTNERSHIPS, CIVIC OR COMMUNITY-BASED CHARITABLE INITIATIVES$840,000
ANTI RECIDIVISM COALITION LOS ANGELES, CAPATHWAYS - INVESTMENT TO CREATE PATHWAYS TO FAMILY WAGE-EARNING JOBS IN LOS ANGELES$250,000
ARTS AND ENTERPRISE FOUNDATION LOS ANGELES, CASKILLS - INVESTMENT TO EQUIP YOUNG PEOPLE WITH SKILLS, TRAINING, AND EXPERIENCES TO THRIVE PERSONALLY AND PROFESSIONALLY$250,000
ASIAN AMERICANS ADVANCING JUSTICE LOS ANGELES LOS ANGELES, CACIVIC AND COMMUNITY - INVESTMENT TO SUPPORT PUBLIC PRIVATE PARTNERSHIPS, CIVIC OR COMMUNITY-BASED CHARITABLE INITIATIVES$100,000
BOYS AND GIRLS CLUBS OF THE LOS ANGELES HARBOR SAN PEDRO, CAPATHWAYS - INVESTMENT TO CREATE PATHWAYS TO FAMILY WAGE-EARNING JOBS IN LOS ANGELES$12,750
BREAST CANCER RESEARCH FOUNDATION NEW YORK, NYSCI & MED RESEARCH - INVESTMENT TO ADVANCE SCIENTIFIC AND MEDICAL RESEARCH$2,500
BROAD INSTITUTE OF MIT AND HARVARD CAMBRIDGE, MASCI & MED RESEARCH - TO SUPPORT BIOMEDICAL AND GENOMIC RESEARCH TO ADVANCE TREATMENTS AND CURES FOR DISEASE$50,000,000

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

GERUN RILEY SEE STAT…PRESIDENT, TRUSTEE$521K

From 2024 filing

NameTitleHoursCompensation
EDYTHE L BROADTRUSTEE2
GERUN RILEY SEE STATEMENTPRESIDENT, TRUSTEE30$521,400
SUZANNE NORA JOHNSONTRUSTEE2
JAY WINTROBTRUSTEE2

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 in

Launch 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
2028

$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
2025

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?

• **Grant Range:** $134 to $50,000,000 • **Median Grant Amount:** $3,000,000 • **Average Grant Amount:** Varies by program area • **Total Giving (2024):** $147,984,903 • **Total Grants Made (recent year):** 176 grants awarded **Skills - Investment to Equip Young People:** • Average grant: $307,663 • 49 recipients • Focus: Youth Development, Workforce Development **Civic and Community - Investment to Support Community Development:** • Average grant: $68,123 • 45 recipients • Focus: Community Dev…

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.

Explore Open Grants

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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