The United Way of Greater Los Angeles has named billionaires Eli and Edythe Broad California Philanthropists of the Year in recognition of a $5-million contribution--the single largest gift to any United Way in the state.
Officials at the United Way, the region's largest private funder of health and human service programs, hope the Broads' $5-million contribution will encourage others to donate.
"The Broads' commitment to the city of Los Angeles will help lead our funding campaign to a successful future," said Dominic Ng, United Way's campaign chairman.
In addition to the United Way contribution, the Broad family established the Broad Foundation with an initial commitment of $100 million to support K-12 educational programs across the country. The family also has created the Broad Art Foundation and the Eli and Edythe Broad Foundation for a variety of causes, including medical research.
"When United Way comes calling--those with the ability must answer," said Eli Broad. "In the aftermath of Sept. 11, we need to address our immediate security needs as well as serve the vital needs of our community and nation."