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Broad Foundation
Eli and Edythe Broad established the foundation to channel entrepreneurial capital into public-good initiatives. The organization operates as a national...
Broad Foundation
Eli and Edythe Broad established the foundation to channel entrepreneurial capital into public-good initiatives. The organization operates as a national venture philanthropy vehicle with an explicit focus on expanding opportunity for historically marginalized communities. The foundation allocates across education reform, genomic research, and visual arts. Confirmed holdings include limited partnership interests in Colony Investors VII, Tiger Global PIP VIII Partners, and Arsenal Capital Partners. Geographic reach centers on the United States with additional program activity in Cambridge, Massachusetts, and New Haven, Connecticut. Ticket sizes range from $0.1M to $100M with investment horizons of 20 to 30 years. The foundation employs 34 professionals and maintains headquarters operations in Los Angeles. Adjacent vehicles include The Broad Art Foundation, established in 1984, and The Eli and Edythe Broad Foundation, established in 1999. October 2025: Participated as panelist at the 2nd Annual South LA Meeting of the Minds Symposium on affordable housing and small business supports. The foundation separates grant-making from investment management through distinct legal entities and external service providers including Northern Trust as custodian and GMO as investment advisor. This structure allows mission-driven deployment while preserving long-term asset oversight under family principals.
General information
Firm type
Endowment / Foundation
Location
Region
North America
Country
United States
City
Los Angeles
Corporate office
2121 Avenue of the Stars, Suite 3000, Los Angeles, CA, United States
Principals
Gerun Riley
President
Ashley Dennig
Director of Investments
Sector focus
Frequently asked questions
Who runs investment decisions at the Broad Foundation?
Ashley Dennig serves as Director of Investments. Gerun Riley holds the role of President and oversees overall foundation operations.
Does the Broad Foundation participate in fund commitments or only direct deals?
The foundation holds limited partnership interests in multiple external vehicles including Colony Investors VII and Tiger Global PIP VIII Partners.
Where does the underlying wealth come from?
Wealth originated from Eli and Edythe Broad through real estate and financial services activities.
What investment stages does the Broad Foundation typically target?
The foundation maintains a long-term horizon of 20 to 30 years and deploys capital through both direct holdings and fund commitments.
How is the Broad Foundation related to The Broad museum?
The Broad Art Foundation, established in 1984, operates the museum and manages the art collection on behalf of the family.
Does the Broad Foundation maintain philanthropic structures separate from investments?
Yes. Grant-making occurs through The Eli and Edythe Broad Foundation while asset and collection management sit in separate entities including The Broad Art Foundation.
Which sectors does the Broad Foundation explicitly prioritize?
The foundation prioritizes education, scientific research, and contemporary arts with a focus on Los Angeles communities.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
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