The Broad Foundation Fact Sheet

Mission


To dramatically improve K-12 urban public education through better governance, management, labor relations and competition.

Overview


Headquarters: Los Angeles   Assets: $2.1 billion (includes The Eli and Edythe Broad Foundation and The Broad Art Foundation)
Founder: Eli Broad  
Managing Directors: 
Gregory McGinity, Managing Director of Policy
Rebecca Wolf DiBiase, Managing Director of Programs		  
Number of Full-Time Staff: 13  

Investment


General areas of investment:
  • Transformative federal and state policy
  • Groundbreaking innovation in teaching and learning
  • Strong leadership
  • Redesigned, high-performing institutions
   Geographic scope of investment:
Domestic investments at local, state and national levels that impact K-12 public education

1999 is the year The Broad Foundation's education investments began
$422 million in commitments since 1999
Largest grant: $30.7 million to School Information Partnership
Districts with largest foundation investments: New York City, District of Columbia Public Schools, Chicago Public Schools

Statistics


Number of Broad Academy-trained superintendents currently working in school systems: 40

Number of Broad Residents placed since 2003: 217		   Number of Broad Prize scholarship recipients since 2002: 938

Board of Governors


Eli and Edythe Broad
Co-Founders

Jeffrey Broad

David Baltimore
President Emeritus and Professor of Biology, California Institute of Technology

Henry G. Cisneros
Executive Chairman, City View America
Former U.S. Secretary of Housing and Urban Development

Robert A. Day
Chairman, The TCW Group, Inc.

Paul N. Frimmer
Irell & Manella LLP

Jana W. Greer
President and CEO, AIG SunAmerica Retirement Markets, Inc.

Suzanne Nora Johnson
Former Vice Chairman, The Goldman Sachs Group, Inc.
Former Chairman, Global Markets Institute

Krent Kresa
Chairman Emeritus, Northrop Grumman		  

Barry Munitz
Trustee Professor, California State University, Los Angeles
Former President, The J. Paul Getty Trust
Former Chancellor, The California State University

Roderick R. Paige
Chairman, Chartwell Education Group LLC
Former U.S. Secretary of Education

Richard J. Riordan
Former Secretary of Education, State of California
Former Mayor, City of Los Angeles

Morton O. Schapiro
President, Northwestern University

Andrew Stern
Ronald O. Perelman Senior Fellow, Columbia University
President Emeritus, Service Employees International Union

Lawrence H. Summers
Assistant to the President for Economic Policy
Director, National Economic Council
Former President, Harvard University
Former U.S. Secretary of the Treasury

Jay S. Wintrob
President and CEO, AIG Domestic Life and Retirement Services

 

updated March 2011