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Yale School of Management Receives Its Largest Gift Ever of $100 Million

 

According to the Yale School of Management (SOM) website, the $100 million gift from the Broad Foundation will be used to develop research, teaching, and policy initiatives that will make the top leaders in America’s public school systems more effective. The Broad Center at Yale SOM will create a tuition-free master’s degree program for promising educational leaders, advanced leadership training for top school system administrators and CFOs, and a far-reaching research enterprise with the goal of putting together the foremost collection of data on public education leadership.

More about the Broad Center

The program will start in 2020. Yale anticipates enrolling 35 students in the master’s program as well as an additional 30 students in non-degree summer leadership training programs (according to a Poets & Quants article on the topic).

The Broad Foundation has been investing in public education for the past 20 years. Foundation management believes that district leaders need the skills to excel, inspire, and empower people in their organizations. Yale SOM’s Broad Center will become the epicenter for the creation of new ideas about how skilled management systems can positively affect schools, students, teachers, administrators, and communities throughout the U.S. The Center’s work will emphasize equity and inclusion in the areas of research and teaching in order to address challenges and create new prospects for underserved students. The Center will benefit from input of management and business academics and the resources of Yale University.

To learn more about Yale Som, check out our podcast interview with Bruce DelMonico, Assistant Dean and Director of Admissions:

 

According to Dean Kerwin K. Charles, “We are simply awed by the generosity of The Eli and Edythe Broad Foundation… Those outside our community may be surprised to see a business school dedicate a major program to public education, but this is exactly the type of issue our school has always cared about – one where leadership informed by systemic thinking, rigorous analysis, and compassion can make a real difference for communities. We share this core vision with The Broad Foundation, and I am excited to see how the strengths of this school and the strengths of The Broad Center can combine to help us realize it.”

Yale SOM has produced thousands of business leaders in fields that impact society at large and strives to train leaders who will have the tools to help bring about social progress. The Broad’s gift will allow Yale SOM to establish new faculty positions for top social science researchers in education as well as a research infrastructure that will benefit everyone interested in the field.

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Related Resources:

Yale MBA: The Inside Scoop on The Essay, Videos & Behavioral Assessment, a podcast episode
Yale School of Management MBA Class of 2021 Profile
Life at Yale SOM with Goals of Serving the Underrepresented Community

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