Eli Broad Philanthropist And Art Collector Dies Age 87 / / The Philanthropist and entrepreneur Eli Broad, who co-founded with his wife Edye the contemporary art museum, The Broad in LA has died age 87. “Eli saw the arts as a way to strive to build a better world for all. He was a fiercely committed civic leader, and his tenacity and advocacy for the arts indelibly changed Los Angeles. He will long be remembered for his unmatched generosity in sharing the arts passionately and widely,” said Joanne Heyler, Founding Director of The Broad. In 1963, the Broads moved to Los Angeles, which became their adopted hometown and the central focus of much of their philanthropy and civic activism. Since moving to Los Angeles, the Broads have played two leading roles in making contemporary art and world-class architecture essential to life in the city for residents and visitors. Over his lifetime, Broad and his wife Edye, have given so much to the city of Los Angeles including, The Broad, and The Broad Art Foundation along with a total of nearly $1 billion to the city’s arts and culture institutions, in addition to The Broad. Their support of these institutions ushered in a transformational era for the arts in Los Angeles.