• October 24, 2014

No. 49: Eli and Edythe L. Broad

No. 49: Eli and Edythe L. Broad 1

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close No. 49: Eli and Edythe L. Broad 1

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Amount donated in 2011: $27-million

Beneficiary: Broad Foundations

Donors’ background: Mr. Broad is founding chairman of KB Home, a homebuilder, and of SunAmerica, a financial-services company.

Mr. Broad, 78, and his wife, Edythe, 75, gave $27-million to the Broad Foundations. The foundations support civic programs, contemporary-art museums, efforts to improve elementary and secondary public-school education, and medical and scientific research.

The Broad Foundations awarded several grants in 2011, including $40-million to endow the Broad Prize for Urban Education, an annual award the Broads created a decade ago to recognize urban school districts with high student achievement and success in improving achievement gaps between students of differing socioeconomic backgrounds. The prize money honors the school districts, but the money provides college scholarships to graduating high-school seniors from the winning school systems.

The grant maker also awarded $25-million to Teach for America to establish an endowment.

—Maria Di Mento

 

Previous Appearances on the list

Year

Rank

Total donated or pledged

2010

5

$118.3-million

2009

7

$105.2-million

2008

17

$100.0-million

2007

10

$176.0-million

2006

14

$137.6-million

2005

3

$300.0-million

2004

13

$100.0-million

2003

3

$409.0-million

2002

5

$202.5-million

2001

5

$387.9-million

2000

3

$137.5-million

 

View more profiles of donors who gave the most in 2011.

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