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Broad Institute history
Broad Institute company history timeline
The Broads made a founding gift of $100 million and the Broad Institute was formally launched in May 2004.
In late 2005, they doubled their gift to $200 million over 10 years in recognition of the Broad Institute’s early progress.
Acknowledgment of the power of this model of science has also come from the Stanley Medical Research Institute, which gave $100 million in 2007 to create the Stanley Center for Psychiatric Research at the Broad Institute.
On September 4, 2008, the Broads announced an endowment of $400 million to make the Broad Institute a permanent establishment.
In November 2013, they invested an additional $100 million to fund a second decade of research at the institute.
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Broad Institute competitors
| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Trudeau Institute | 1884 | $50.0M | 84 | - |
| The Forsyth Institute | 1910 | $50.0M | 1 | 74 |
| Lawrence Berkeley National Laboratory | 1931 | $32.0M | 5,000 | - |
| NEC Laboratories America | 1988 | $24.0M | 138 | 16 |
| J. Craig Venter Institute | 1992 | $39.9M | 200 | 13 |
| Oak Ridge National Laboratory | 1943 | $25.0M | 3,500 | 83 |
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