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Selling SunAmerica allowed Broad to focus on philanthropy. The Eli and Edythe Broad Foundation was founded in 1999, with an endowment that eventually topped $2 billion. Over the years, the foundation invested more than $600 million in public education in the Southland and in cities including Boston, New York, Chicago, Denver and Detroit. The Broad Prize for Urban Education continues to honor school districts for academic performance, and has provided $16 million in scholarships to more than 1,200 students. Broad was also dedicated to scientific and medical research, as well as the arts, supporting scientists, museums and public schools across the country. An avid collector, The Broad museum in downtown Los Angeles houses the Broads collection of more than 2,000 artworks.

Los angelesUnited statesNew yorkMassachusetts institute of technologyHarvard universityLos angeles countyLos angeles county museum of artMark ridley thomasJanice hahnDonald kaufmanEric garcettiWallis annenbergSuzi emmerlingDianne feinsteinGerun rileyEli broad