The Broad Foundations were established by entrepreneur and philanthropist Eli Broad to advance entrepreneurship for the public good in education, science and the arts. The Broad Foundations, which include The Eli and Edythe Broad Foundation and The Broad Art Foundation, have assets of $2.1 billion.

The Mission of The Broad Foundations:

• Transforming K-12 urban public education through better governance, management, labor relations and competition
• Making significant contributions to advance major scientific and medical research
• Fostering public appreciation of contemporary art by increasing access for audiences worldwide
• Leading and contributing to major civic projects in Los Angeles