OVERVIEW: The Eli and Edythe Broad Foundation aims to improve public schools and public charter schools in the U.S. by supporting leadership, parent choice, student rights, teachers and communities.
IP TAKE: The Eli and Edythe Broad Foundation supports some of the most prominent charter school networks in the U.S. It also funds Teach for America, and runs an inhouse leadership development program for teachers and administrators in urban school districts.
PROFILE: The Eli and Edythe Broad Foundation was founded in 1967 by insurance entrepreneur Eli Broad and his wife, Edythe. 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 percent of their fortune. Based in Los Angeles, California, the foundation seeks to invest in “the people, programs and institutions that are improving the human mind, body and spirit.” Overall, the foundation invests in education, science and the arts.
The foundation’s dedicated education program seeks to “ensure every child in America can attend a great public school.” The Broad Foundation includes public charter schools in its vision of “great public schools,” and about one fourth of its funding supports charter school networks such as KIPP, which runs 160 schools across the U.S., and Success Academy Charter Schools of New York.
Broad education grants from a few thousand to tends of thousands of dollars and prioritize established groups, like Teach for America, rather than small organizations. Past grantees include the Broad Center, which “prepares talented and visionary K-12 public school system leaders to support students in our nation’s urban communities in reaching new levels of achievement.” The Broad Prize for Public Charter Schools provides monetary support to one promising charter school organization each year. It has also funded the Los Angeles Public Library and Success Academy.
This foundation identifies organizations that align with its funding initiatives; it does not accept proposals for grants or nominations for its Broad Prize. Funding is limited to the United States. General inquiries may be made via email.
Robert Day, Chairman and Chief Executive Officer
Gregory McGinity, Executive Director
Heidi Kato, Chief Administrative Officer
Gerun Riley, President