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.