Broad Institute Gains Additional $400M Endowment to Transition to 'Permanent' Status | GenomeWeb
NEW YORK (GenomeWeb News) – The Broad Institute of Harvard and MIT today said that philanthropists Eli and Edythe Broad have committed an additional $400 million to the institute, bringing its total endowment to $600 million.
 
The interdisciplinary collaborative institute, which includes more than 1,200 researchers from both MIT and Harvard, was created in 2004 as a “venture experiment” with a $100 million commitment from Eli and Edythe Broad. The philanthropists doubled that gift the following year.
 

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