Broad Institute Inc

Organization Overview

Broad Institute Inc is located in Cambridge, MA. The organization was established in 2009. According to its NTEE Classification (H20) the organization is classified as: Birth Defects & Genetic Diseases Research, under the broad grouping of Medical Research and related organizations. As of 06/2021, Broad Institute Inc employed 2,632 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Broad Institute Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2020, Broad Institute Inc generated $586.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 8.4% each year. All expenses for the organization totaled $521.5m during the year ending 06/2020. While expenses have increased by 4.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Broad Institute Inc has awarded 490 individual grants totaling $318,950,311. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE O.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Emc Corporation
It Support Services
$6,737,298
Johnson Marcou Issacs Llc
Legal
$6,975,592
Siena Construction Corp
Construction
$3,836,535
Quinn Emanuel Urquhart Sullivan
Legal
$3,885,432
Bond Brothers Inc
Construction
$3,788,572
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$496,219,162
Investment income $4,476,398
Tax Exempt Bond Proceeds $0
Royalties $20,181,082
Net Rental Income $82,254
Net Gain/Loss on Asset Sales $14,726,207
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $586,860,976

Grants Awarded

Over the last fiscal year, Broad Institute Inc has awarded $52,354,818 in support to 82 organizations.

Grant RecipientAmount

HARVARD UNIVERSITY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: Program Support

$11,460,107

MASSACHUSETTS GENERAL HOSPITAL

Org PageRecipient Profile

Somerville, MA

PURPOSE: Program Support

$8,019,737

MASSACHUSETTS INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: Program Support

$5,636,356

DANA FARBER CANCER INSTITUTE

Org PageRecipient Profile

Boston, MA

PURPOSE: Program Support

$2,619,262

FATHOM INFORMATION DESIGN (BEN FRY LLC)

PURPOSE: Program Support

$1,854,485

BETH ISRAEL DEACONESS MEDICAL CTR

Org PageRecipient Profile

Boston, MA

PURPOSE: Program Support

$1,848,221
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 68 grants that Broad Institute Inc has recieved totaling $138,124,924.

Awarding OrganizationAmount
Broad Foundation

Los Angeles, CA

PURPOSE: SCI & MED RESEARCH - TO SUPPORT BIOMEDICAL AND GENOMIC RESEARCH

$36,243,742
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HEALTH

$31,429,000
Stanley Family Foundation

Briarcliff Manor, NY

PURPOSE: TO SUPPORT PSYCHIATRIC MEDICAL RESEARCH

$13,250,000
Starr Foundation

New York, NY

PURPOSE: STARR CANCER CONSORTIUM

$10,000,000
Klarman Family Foundation

Boston, MA

PURPOSE: MEDICAL AND SCIENTIFIC RESEARCH: TO PROVIDE FLEXIBLE, INCUBATIVE AND ACCELERANT FUNDING FOR THE KLARMAN CELL OBSERVATORY TO SYSTEMATICALLY DEFINE CELLULAR CIRCUITS IN MAMMALIAN CELLS

$5,000,000
Food Allergy Research & Education Inc

Mclean, VA

PURPOSE: MEDICAL RESEARCH: GUTS-BRAIN STUDY

$5,000,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$688,837,965
Earnings$252,348,799
Net Contributions$55,182,361
Other Expense$30,970,270
Ending Balance$965,398,855

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