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. Broad Foundation 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 12/2021, Broad Foundation generated $240.9m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 13.5% each year . All expenses for the organization totaled $131.7m during the year ending 12/2021. While expenses have increased by 7.5% per year over the past 7 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 Foundation has awarded 1,085 individual grants totaling $1,267,889,219. 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
$1,800,208
Family Office Investment Services Llc
$1,857,104
Corvidae Consulting Llc
$133,335
Estolano Advisors
$167,351
Clark Nuber Ps
$136,241
View All Vendors

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $107,880,594
Interest on Savings $33,996
Dividends & Interest $15,767
Net Rental Income$0
Net Gain on Sale of Assets $131,990,023
Capital Gain Net Income $72,183,333
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $995,474
Total Revenue $240,915,854

Grants Awarded

Over the last fiscal year, Broad Foundation has awarded $126,407,064 in support to 119 organizations.

Grant RecipientAmount

BROAD INSTITUTE INC

Org PageRecipient Profile

Cambridge, MA

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

$36,243,742

THE BROAD ART FOUNDATION

PURPOSE: ARTS - TO SUPPORT ART LENDING ACTIVITIES

$28,000,000

THE BROAD

PURPOSE: ARTS - GENERAL SUPPORT PLEDGE

$9,520,740

YALE UNIVERSITY

PURPOSE: EDUCATION - TO ESTABLISH THE BROAD CENTER AT THE YALE SCHOOL OF MANAGEMENT

$9,000,000

MICHIGAN STATE UNIVERSITY

Org PageRecipient Profile

East Lansing, MI

PURPOSE: EDUCATION - ENDOWMENT FOR ELI AND EDYTHE BROAD DEAN OF BUSINESS SCHOOL

$5,250,000

THE MUSIC CENTER

PURPOSE: ARTS - INVESTMENT TO INCREASE ACCESS TO THE VISUAL, PERFORMING, AND LITERARY ARTS

$5,028,000
View Grant Profile

Peer Organizations

Organization NameAssets
Crankstart Foundation
San Francisco, CA
$480,695,638
Conrad N Hilton Foundation
Westlake Village, CA
$2,481,413,875
Good Ventures Foundation
Palo Alto, CA
$449,683,738
The California Endowment
Los Angeles, CA
$280,955,609
Sergey Brin Family Foundation
San Francisco, CA
$912,518,052
James Irvine Foundation
San Francisco, CA
$499,578,433
Columbia Lutheran Charities
Astoria, OR
$180,771,261
Skoll Foundation
Palo Alto, CA
$379,652,535
Broad Foundation
Los Angeles, CA
$240,915,854
Valhalla Charitable Foundation
Woodside, CA
$465,139,878
Hobson Lucas Family Foundation
San Rafael, CA
$46,978,147
Tosa Foundation
Portola Valley, CA
$135,076,785

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