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FILE - In thisSept. 16, 2015 file photo Eli Broad poses for a photo at his museum, "The Broad" in downtown Los Angeles. The billionaire-philanthropist announced Thursday, Oct. 12, 2017,  he is passing on responsibility for The Eli and Edythe Broad Foundation to its president, Gerun Riley. The foundation has a $2.5 billion endowment. (AP Photo/Richard Vogel, File)

FILE - In thisSept. 16, 2015 file photo Eli Broad poses for a photo at his museum, "The Broad" in downtown Los Angeles. The billionaire-philanthropist announced Thursday, Oct. 12, 2017, he is passing on responsibility for The Eli and Edythe Broad Foundation to its president, Gerun Riley. The foundation has a $2.5 billion endowment. (AP Photo/Richard Vogel, File)

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