OVERVIEW: The Broad Medical Research Program for Inflammatory Bowel Disease merged with the Crohn’s & Colitis Foundation of America to form the Broad Medical Research Program at CCFA. Funding focuses on inflammatory bowel disease’s two main disorders, Crohn’s disease and ulcerative colitis.
IP TAKE: Though a major player in science and medical research, Broad is not particularly accessible. It prioritizes California-based proposals.
PROFILE: The Broad Foundations—a combination of the Eli & Edythe Broad Foundation and The Broad Art Foundation—recently reported over $2 billion in shared assets. The Broads made their wealth from Eli Broad's two successful companies in real estate and insurance, and they are one of the wealthiest families to commit to the Giving Pledge, with the intent to donate 75% of their fortune. As such, their foundations have regularly made more than $150 million a year in grants to Education, Arts, and Science.
The Broad Foundation has four main interests in Science Research: inflammatory bowel disease, cardiology, Asperger’s, and stem cells. Broad’s Crohn’s and Colitis Foundation of America administers funds for research into these bowel diseases. The Edythe L. Broad Women’s Heart Research Fellowship at Cedars-Sinai funds research into women’s heart health. The Broad Center for Asperger’s Research is part of the Gervitz Graduate School of Education at UC Santa Barbara. Finally, Broad finances three Stem Cell Centers at UCLA, UC San Francisco, and USC.
Broad regularly gives large sums to its established organizations but does not have a public application process. It also prioritizes California-based organizations, which received around half of Broad grants in recent years.
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