WASHINGTON, September 16, 2009 — The Aldine Independent School District (AISD) outside Houston won the 2009 Broad Prize for Urban Education, the largest education award in the country, and as a result will receive $1 million in college scholarships, The Eli and Edythe Broad Foundation announced today.
Los Angeles, August 28, 2009, The Wall Street Journal — "The unions no longer control the education agenda of the Democratic Party," billionaire philanthropist Eli Broad tells me. I'd say that's debatable. But to the extent it's true, the party has Mr. Broad, a self-described moderate Democrat, to thank. The founder of two Fortune 500 companies (real estate giant Kaufman & Broad, now KB Home, and financial service firm SunAmerica, purchased by AIG in 1999) he is devoting his retirement years to philanthropy—primarily K-12 education reform.
June 26, 2009, Bloomberg — The Museum of Contemporary Art, Los Angeles said today that it raised about $57 million in the first half of 2009. The museum said it has reversed a decade of declining contributions to its endowment fund.
NEW YORK, April 9, 2009 — Two of New York City’s highest-performing nonprofit, public charter school management organizations – Uncommon Schools and the Success Charter Network – will receive a total of $2.5 million to fund schools that provide a high quality public education for thousands more city students, The Eli and Edythe Broad Foundation announced today.
April 11, 2009, The Los Angeles Times — It's Eli Broad to the rescue again. This time, the beneficiary of the L.A. philanthropist's largess will be a Juilliard School student training program, which was slated to be eliminated in an upcoming round of budget cuts.
Museums, theaters and operas, already reeling from the recession, are having a tough time attracting support amid perceptions that vital services like soup kitchens and homeless shelters should receive funds first.