Eli
and Edythe Broad Eli Broad (prounounced
"BRODE") built two Fortune 500 companies from
the ground up over a five-decade career in business. He
is the founder-chairman of both SunAmerica Inc. and KB Home.
Today, he is focused on philanthropy.
Eli and Edythe Broad are longtime supporters of K-12 and
higher education, as well as the arts, science, medical
research and civic development. Eli Broad is currently working
to help Sacramento State develop a campus in Placer County
by committing about 300 acres of land in the proposed Placer
Ranch project near Roseville. The couple provided a $2 million
gift to build a new field house near the stadium -- to be
called the Broad Athletic Facility. They have made major
contributions to UCLA and CalTech, and Eli Broad is on the
board of trustees of CalTech. Broad has also served as chairman
of the board of Pitzer College and vice chairman of the
board of trustees of the CSU System.
The Broads have established several charitable foundations
including the Broad Education Foundation, which supports
urban public education; the Broad Art Foundation; and the
Eli and Edythe L. Broad Foundation, which created the Broad
Medical Research Program to stimulate research on inflammatory
bowel disease. The Broads made the founding gift to create
The Eli and Edythe Broad Institute for biomedical research,
which is a partnership with the Massachusetts Institute
of Technology, Harvard University and Whitehead Institute.
Among his many efforts related to the arts, Eli Broad was
the founding chairman and is a life trustee of The Museum
of Contemporary Art in Los Angeles, and is a trustee of
the Los Angeles County Museum of Art, where the Broads have
announced a major gift to build The Broad Contemporary Art
Museum. Eli Broad and Mayor Richard Riordon led the fundraising
efforts to build the acclaimed Walt Disney Concert Hall
in Los Angeles.
Eli Broad holds a degree in management from Michigan State
University, where he graduated cum laude, and has been awarded
honorary doctorate degrees from Southwestern University
and Michigan State University. He is on the board of trustees
for CalTech and was formerly on the board of Pitzer College.
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