About Eli and Edythe Broad Foundation
The Eli and Edythe Broad Foundation concentrates its giving on biomedical and genomic research, contemporary visual arts institutions in Los Angeles, and K–12 and postsecondary education initiatives that expand opportunities and workforce pathways in the LA region. It funds major research and university endowments nationally (notably in Cambridge and New Haven) while also making repeated investments in Los Angeles-area education, workforce development, and arts organizations to increase access and build capacity. Grants span large transformational gifts to research and museum infrastructure and a portfolio of multi-year operating and program support for local education and job-pathway efforts.
Focus Areas
Biomedical and genomic research (major gifts to research institutes and university labs)Contemporary art museum operations and art-collection access initiatives in Los AngelesK–12 public school improvement and charter/renewal efforts in Los AngelesPostsecondary business-school endowments and graduate program capital projectsWorkforce development and career-pathway programs for Los Angeles youth and community college students
Who They Fund
Los Angeles residents / local communities
About Eli and Edythe Broad Foundation
The Eli and Edythe Broad Foundation combines unusually large biomedical grants with sustained funding for Los Angeles arts and education institutions. Its biggest recent awards have gone to the Broad Institute of MIT and Harvard for biomedical and genomic research, including $50,000,000 grants in both 2024 and 2025 and a $30,000,000 grant in 2023 to support work aimed at treatments and cures for disease. At the same time, the foundation has backed The Broad in Los Angeles with repeated operating support for free general admission at the contemporary art museum, including a $16,104,936 grant in 2025 and earlier multimillion-dollar grants for the same purpose. In education, it has made major endowment gifts to Yale University and Michigan State University, including the Broad Center at the Yale School of Management and the Eli Broad College of Business. The foundation also supports workforce and pathway efforts in Los Angeles, pairing high-dollar institutional grants with targeted local investments. Its recent portfolio shows long-running commitments rather than isolated gifts, with several recipients appearing across multiple years.
What Eli and Edythe Broad Foundation Funds
Biomedical and genomic research is a central theme. The foundation gave $50,000,000 to the Broad Institute of MIT and Harvard in 2025, another $50,000,000 in 2024, and $30,000,000 in 2023 for research to advance treatments and cures for disease. It also supported regenerative medicine and stem cell research with $5,000,000 grants to University of California San Francisco Foundation, University of Southern California, and UCLA Foundation in 2023. In arts funding, it gave $25,000,000 to The Broad Art Foundation in 2024 to increase access to the visual, performing, and literary arts, alongside grants for collection and lending activities. Education shows up through endowments and capital support, including $16,000,000 grants to Yale University in 2023, 2024, and 2025 for the Broad Center at the Yale School of Management and a $3,000,000 grant to Michigan State University for the Eli Broad College of Business.
How Eli and Edythe Broad Foundation Gives
Typical grant size is $5,000 at the 25th percentile, $65,000 at the median, and $283,761 at the 75th percentile, showing a wide spread between small awards and major institutional gifts. The recent record also shows repeat funding to the same recipients over multiple years, including the Broad Institute of MIT and Harvard, Yale University, The Broad, Great Public Schools Now, and Michigan State University. The foundation is a regular funder and does not fund individuals or make program-related investments. Its recent grants indicate direct institutional support rather than an application-based individual grantmaking model.
Financial Snapshot
Annual Giving
$147.5M
Total Assets
$1.9B
Total Revenue
$89.1M
Total Expenses
$158.5M
Typical Grant Size
Most grants fall between $5K and $284K, with a median of $65K.
25th Percentile
$5K
Median
$65K
75th Percentile
$284K
Geographic Reach
Local12 states funded
About 83% of grants go to recipients in TN.
Funding intensity
LowHigh
Headquarters
Leadership
GERUN RILEY SEE STATEMENT
PRESIDENT, TRUSTEE
Accepts unsolicited proposals
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