The Eli and Edythe Broad Foundation

We are unable to accept donations on behalf of this organization.
Medal-big-2010
29 Thumbsup 12 Thumbsdown   Info-sm
"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.
The-eli-and-edythe-broad-foundation
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


The-eli-and-edythe-broad-foundation
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… Read the full story.

Expert Reviews: Evidence of Impact
The Broad Foundation is touted as a leader in the education field by developing leaders and spreading them through the country.
See the complete expert review.

Leadership
The-eli-and-edythe-broad-foundation 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
Total Revenue:
$505,896,617


From the Nonprofit
The nonprofit has not added any comments yet. If you are a representative of this nonprofit and would like to leave a comment, please email us at feedback@myphilanthropedia.org with your request.


Contact Info
E-Mail:
info AT broadfoundation.org
Phone:
310-954-5000
Facebook:
Follow_fb
Address:
10900 Wilshire Blvd Fl 12
 
Los Angeles, CA 90024, USA
Twitter:
Follow_twitter


The-eli-and-edythe-broad-foundation 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

Select the boxes to display the results according to expert type.

Show:
X
Foundation Professionals (F)
X
Researchers and Faculty (R)
X
Nonprofit Senior Staff (N)
X
Other (consultants, journalists, policy makers) (O)

Impact

F
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.
F
They have a clear commitment to increasing student achievement for all students--especially kids in poverty.
N
The Broad residency is doing an amazing job of seeding top districts with reform minded individuals.


Expert Comments: Organization Strengths

Select the boxes to display the results according to expert type.

Show:
X
Foundation Professionals (F)
X
Researchers and Faculty (R)
X
Nonprofit Senior Staff (N)
X
Other (consultants, journalists, policy makers) (O)

Finances

F
This foundation has strong financing to back their endeavors as well as strong leadership.

Program Design

F
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

R
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

N
They are very professional and have strong team members.


Expert Comments: Areas for Improvement

Select the boxes to display the results according to expert type.

Show:
X
Foundation Professionals (F)
X
Researchers and Faculty (R)
X
Nonprofit Senior Staff (N)
X
Other (consultants, journalists, policy makers) (O)

Expand Programming

F
They could expand their reach to more states. They could also use more marketing and awareness.

Staff

F
They are too heavy on the MBA/Law recruits without any experience - especially in managing people.

Program Design

N
They are not particularly close to the work. They could benefit from a more on the ground perspective.


Leadership

The-eli-and-edythe-broad-foundation
Eli Broad
Founder
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 to advance entrepreneurship for the public good in education, science and the arts. The Broad Foundations, which include The Eli and Edythe Broad Foundation and The Broad Art Foundation, have assets of $2.1 billion. The primary work of The Eli and Edythe Broad Foundation is to dramatically improve urban K-12 public education through better governance, management, labor relations and competition. The Broad Foundation’s major education initiatives include the $2 million Broad Prize for Urban Education, awarded annually to urban school districts that have made the greatest overall performance and improvement in student achievement; The Broad Superintendents Academy, a 10-month executive management training program to prepare working CEOs and other top executives from business, non-profit, military, government and education backgrounds to lead urban public education; The Broad Residency in Urban Education, a two-year management development program that trains recent business and law school graduates who have several years of work experience and places them immediately into managerial positions in the central operations of urban school districts; and The Broad Institute for School Boards, a national training and support program for urban school district governance teams of school board members and superintendents.

From the Nonprofit

The nonprofit has not added any comments yet. If you are a representative of this nonprofit and would like to leave a comment, please email us at feedback@myphilanthropedia.org with your request.


Philanthropedia is a division of GuideStar, a registered 501(c)3 nonprofit organization.
Through independent research, Philanthropedia has leveraged the wisdom of 3121 experts to provide reviews on 767 top nonprofits across 47 causes.