Broad Foundation

Organization Overview

Broad Foundation is located in Los Angeles, CA. The organization was established in 1999. According to its NTEE Classification (T22) the organization is classified as: Private Independent Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 12/2019, Broad Foundation generated $168.9m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $77.6m during the year ending 12/2019. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Broad Foundation has awarded 836 individual grants totaling $1,023,148,293. 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.

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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Family Office Financial Services Llc
$1,503,403
Ernst & Young Us Llp
$105,106
Clark Nuber Ps
$103,645
Family Office Investment Services Llc
$1,345,350
Wellspring Consulting Llc
$104,350
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $4,529,442
Dividends & Interest $613,319
Net Rental Income$0
Net Gain on Sale of Assets $162,450,001
Capital Gain Net Income $144,683,038
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $1,322,661
Total Revenue $168,915,423

Grants Awarded

Over the last fiscal year, Broad Foundation has awarded $155,054,528 in support to 115 organizations.

Grant RecipientAmount

THE BROAD INSTITUTE

Org PageRecipient Profile

Cambridge, MA

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

$110,000,000

Los Angeles, CA

PURPOSE: EDUCATION - TO DEVELOP AND SUPPORT LEADERS AND MANAGERS OF PUBLIC SCHOOL DISTRICTS, CHARTER MANAGEMENT ORGS AND STATE AND FEDERAL EDUCATION AGENCIES

$13,025,400

Los Angeles, CA

PURPOSE: ARTS - GENERAL SUPPORT PLEDGE

$8,917,065

MICHIGAN STATE UNIVERSITY

Org PageRecipient Profile

East Lansing, MI

PURPOSE: EDUCATION - ENDOWMENT FOR THE ELI BROAD COLLEGE OF BUSINESS

$3,000,000

UNIVERSITY OF SOUTHERN CALIFORNIA

Org PageRecipient Profile

Los Angeles, CA

PURPOSE: SCI & MED RESEARCH - REGENERATIVE MEDICINE AND STEM CELL RESEARCH AT USC

$2,500,000

Los Angeles, CA

PURPOSE: SCI & MED RESEARCH - REGENERATIVE MEDICINE AND STEM CELL RESEARCH AT UCLA

$2,500,000
View Grant Profile

Peer Organizations

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