The Eli and Edythe Broad Foundation
29
12
"Up" is the number of experts who agree that the nonprofit has had the most impact in the
field. "Down" is the number of experts who disagree that the nonprofit has had the most impact in field.
Headquarters Location: Los Angeles, CA
Founded: 1999
Mission: The Mission of The Broad Foundations: Transforming K-12 urban public education through better governance, management, labor relations and competition; Making significant contributions to advance major scientific and medical research; Fostering public appreciation of contemporary art by increasing access for audiences worldwide; Leading and contributing to major civic projects in Los Angeles.
Tags:
national, education, grantmaking, urban school districts, management of school systems, leadership development, reduce achievement gap, training school boards, 2010
Summary
Stories
Expert Reviews
Leadership
From the Nonprofit
Leadership
Eli Broad.
Eli Broad is a renowned business leader who built two Fortune 500 companies from the ground up over a five-decade career in business. He is the founder of both SunAmerica Inc. and KB Home (formerly Kaufman and Broad Home Corporation). Today, Eli Broad and his wife, Edythe, are devoted to philanthropy as founders of The Broad Foundations, which they established…
See full bio.
Financial Data
Overhead Ratio:
n/a
Total Revenue:
$505,896,617
From the Nonprofit
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Contact Info
Website:
E-Mail:
info AT broadfoundation.org
Phone:
310-954-5000
Facebook:
Address:
10900 Wilshire Blvd Fl 12
Los Angeles, CA 90024, USA
Twitter:
Story:
What is one of Broad Foundation's education flagship initiative?
The $2 million Broad Prize for Urban Education, established in 2002, is the largest education award in the country given to school districts. The Broad Prize is awarded each year to honor urban school districts that demonstrate the greatest overall performance and improvement in student achievement while reducing achievement gaps among low-income and minority students.
Each year, Broad Prize scholarships are awarded to graduating high school seniors in the finalist and winning districts who demonstrate a record of academic improvement during their high school careers, as well as have a financial need. Seniors from the winning and finalist districts are eligible for two- or four-year scholarships of up to $20,000 depending on the type of higher education institution they choose to attend.
(Learn more at: http://www.broadprize.org/about/overview.html)
Expert Reviews of The Eli and Edythe Broad Foundation
Evidence of Impact Summary:
The Broad Foundation is touted as a leader in the education field by developing leaders and spreading them through the country.See expert comments.
Organization Strengths Summary:
The Broad Foundation receives praise for the quality of its staff, finances, and program design.See expert comments.
Areas for Improvement Summary:
Incidentally, strength areas noted by some experts are listed as areas for improvement by different experts.See expert comments.
Expert Comments: Evidence of Impact
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Impact |
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Their ability to develop human capital is a sign of impact. It is well known in the education field that good leadership is hard to find and desperately needed. | ||
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They have a clear commitment to increasing student achievement for all students--especially kids in poverty. | ||
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The Broad residency is doing an amazing job of seeding top districts with reform minded individuals. | ||
Expert Comments: Organization Strengths
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Finances |
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This foundation has strong financing to back their endeavors as well as strong leadership. | ||
Program Design |
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They have recognized that a superintendent cannot do it alone, thus expanding their training to cabinet level positions as well as superintendents. They take a real systems approach. | ||
Professional Development |
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They provide leadership in urban districts and schools. The foundation helps fill an important gap: the training of accomplished leaders from the education and other sectors who aspire to become urban superintendents. | ||
Staff |
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They are very professional and have strong team members. | ||
Expert Comments: Areas for Improvement
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Expand Programming |
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They could expand their reach to more states. They could also use more marketing and awareness. | ||
Staff |
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They are too heavy on the MBA/Law recruits without any experience - especially in managing people. | ||
Program Design |
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They are not particularly close to the work. They could benefit from a more on the ground perspective. | ||
Leadership
Eli Broad
Founder
Founder
From the Nonprofit
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