To me, money is a means to do good. I reached a point in…
“To me, money is a means to do good. I reached a point in my life where I had enjoyed tremendous business success that afforded my family everything we could possibly want. My wife and I then decided that we could use our wealth to make a difference. So we created the Broad Foundations to do four things: to improve urban public education, to support innovative scientific and medical research, to foster art appreciation for audiences worldwide and to support civic initiatives in Los Angeles.”
About This Quote
This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation.
He views money as a tool for good, establishing a foundation to improve education, research, art, and civic life.
In simple terms: Wealth should serve societal improvement.
Leverage resources for public benefit.
Themes
Mood
Type
When to use this quote
- education reform
- medical research
- art programs
- civic initiatives
Key Concepts
Questions to Reflect On
- How can philanthropy be most effective?
- What metrics assess success?
Impact may be limited by execution challenges.