• September 17, 2014

No. 5: Eli and Edythe L. Broad

Eli and Edythe L. Broad Philanthropy 50 February 2011 Photo

Marcocchi Giulio/SIPA/Newscom

Eli and Edythe L. Broad

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close Eli and Edythe L. Broad Philanthropy 50 February 2011 Photo

Marcocchi Giulio/SIPA/Newscom

Eli and Edythe L. Broad

Amount donated in 2010: $118.3-million

Beneficiary: Broad Foundations

Donors’ background: Mr. Broad is founding chairman of KB Home Corporation, a home builder, and of SunAmerica, a financial-services company, both of which are in Los Angeles.

Mr. Broad, 77, and his wife, Edythe, 74, gave $118.3-million to the Broad Foundations, in Los Angeles. The foundations support civic programs, contemporary-art museums, efforts to improve elementary and secondary public-school education, and medical and scientific research.

Last year, the Broad Foundations awarded several grants, primarily to education groups. The foundations gave $10-million to the D.C. Public Education Fund, in Washington, to support public schools there and a $2.2-million grant to the Education Innovation Laboratory at Harvard University, in Cambridge, Mass. The foundations also gave $2-million for the Broad Prize for Urban Education, an annual prize established in 2002 and awarded to metropolitan school districts that have succeeded in improving student performance and graduation rates among low-income and minority students. In addition, the Broad Foundations awarded $2-million to the Inner City Education Foundation, a charter-schools organization in Los Angeles, for operations costs; $1.5-million to New Leaders for New Schools, a New York group that trains public-school principals; a $1-million grant to Achievement First, a charter-school management organization in New Haven, Conn., and Brooklyn, N.Y., to open new schools in Connecticut, New York, and Rhode Island; and $1-million to Rocketship Education, a charter-schools organization in San Jose, Calif., to expand the group’s “hybrid school” model, a program that combines classroom instruction with online learning for students in kindergarten through the fifth grade.

—Maria Di Mento

Previous Appearances on the list

Year

Rank

Total donated or pledged

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 2010.

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