The Broad Foundation

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Founders: Eli and Edythe Broad

Areas of Interest:

  • Medical Research
  • Education
  • Art
About the Foundation:

The Broad Foundation has been participating actively in contributing to the betterment of education and art appreciation. The Foundation has helped a number of schools and has funded several museums and art exhibits across the United States since the creation of the Broad Art Foundation (founded in 1984) and the Broad Education Foundation (founded in 1999).

Aside from pursuing philanthropic efforts in the field of education and the arts, the Broad Foundation is also a vocal supporter on the advancements of medical science and the promotion of new innovations and health solutions. In 2001, the Broads founded the Broad Medical Research Program to further delve in their efforts in the field of medicine.

Noteable Projects / Programs:

One of the Broad Foundation’s high-profile programs in the field of medical research is the Inflammatory Bowel Disease (IBD) Grants, where the Foundation provides grants to proposals that are clinically relevant and have the potential to create benefits for patients suffering IBD.

The Broad Medical Research Program has recently been active in stem cell research. Late last year, the Broad Medical Research Program donated $20 million to provide funding for adult and embryonic stem cell research at the Institute of Stem Cell Biology and Medicine (University of California-Los Angeles). The program will bring together scientists and experts from the fields of biology, chemistry, medical engineering, genetics and other related studies to create and develop more effective treatment and preventive methods against a number of fatal diseases, including cancer, HIV/AIDS, Parkinson’s Disease, and other medical abnormalities and disorders. UCLA, in recognition of the gift, renamed the Institute of Stem Cell Biology and Medicine to Eli and Edythe Broad Center of Regenerative Medicine and Stem Cell Research.

A year prior to the UCLA donation, the Broad Medical Research Program also contributed $25 million to the establishment of a new stem cell research institute at Keck School of Medicine at University of Southern California. The 215,000-foot square facility was named Broad Institute of Integrative Biology and Stem Cell Research. It houses the brightest researchers and scientists from the various fields of medicine and is equipped with the latest of medical technology. The Broad Institute of Integrative Biology and Stem Cell Research is the largest stem cell research facility in the state of California.

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