An organization that helped lay the foundation for private school choice plans to honor two well-known education philanthropists who supported it from the beginning.
The Children’s Scholarship Fund plans to fete Eli Broad and Julian Robertson with its Champion for Children award at its annual gala on May 15 in New York City.
Broad founded both SunAmerica Inc. and KB Home. He now the heads the Broad Foundations. He and his wife, Edythe, have donated more than $4 billion to philanthropic causes and pledged to give away 75 percent of their wealth. Among other things, they back an annual prize for the nation’s top charter school organization and efforts to improve public education in Los Angeles. Broad recently announced his retirement.
He was part of the Children’s Scholarship Fund’s inaugural advisory board and helped launch the program in L.A. In its first year, the parents of more than 54,000 children applied for 3,750 CSF scholarships awarded in Los Angeles.