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Just four years ago, Harvard and MIT launched a decade-long experiment to test an innovative organizational model for scientific discovery. Now, the results are in. The Broad Institute, a unique joint effort between Harvard and MIT to bring genome-based information to medicine, received a $400 million gift from founding benefactors Eli and Edythe L. Broad last week. The gift marked the fourth anniversary of the institute. The gift brings the total investment by the Broads to $600 million, dwarfing any donation given to either university. The new gift will enable the institute, founded soon after the completion...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: Founding Couple Gives $400 Million to Broad Institute | 9/9/2008 | See Source »

...Broad Institute, a unique joint effort between Harvard and MIT to bring genome-based information to medicine, received a $400 million gift from founding benefactors Eli and Edythe L. Broad. The gift marked the fourth anniversary of the institute...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: With $400 Million Gift, Future Secure for Harvard-, MIT-Affiliated Broad Institute | 9/4/2008 | See Source »

...invested with the goal of growing the $400 million into a $1 billion endowment, which may require more gifts from other donors, Eli Broad said at a press conference following a series of speeches that included Mass. Gov. Deval L. Patrick '78, University President Drew G. Faust, and MIT President Susan Hockfield. Plans for the management of the funds have not yet been finalized...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: With $400 Million Gift, Future Secure for Harvard-, MIT-Affiliated Broad Institute | 9/4/2008 | See Source »

...Since the genomic powerhouse was created several years ago, Broad said that it has grown to include a community of more than 1,200 of scientists from across MIT, Harvard, and Harvard's 17 affiliated teaching hospitals. The Kendall Square-based institute also currently has 330,000 square feet of laboratory space...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: With $400 Million Gift, Future Secure for Harvard-, MIT-Affiliated Broad Institute | 9/4/2008 | See Source »

...light of its early and unchallenged success, the Broad Institute will now transition to a permanent non-profit organization, with both Harvard and MIT continuing to help govern...

Author: By June Q. Wu, CRIMSON STAFF WRITER | Title: With $400 Million Gift, Future Secure for Harvard-, MIT-Affiliated Broad Institute | 9/4/2008 | See Source »

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