About Ruth K. and Shepard Broad

Image: ruth_broad.jpg Image: shepard_broad.jpg

Shepard Broad arrived in the United States as an orphan at the age of 13. Overcoming many obstacles, his achievements as a lawyer, banker, philanthropist and leading citizen of South Florida are legendary. He founded the town of Bay Harbor Islands and served as its mayor for 26 years. The Broad Causeway spanning Biscayne Bay is named in his honor. He founded American Savings & Loan Association of Florida, a three billion dollar banking institution that is now a part of Wells Fargo, formerly known as Wachovia Bank. In 1946 he founded the law firm of Broad & Cassel, which now serves several major cities in Florida.

Shepard Broad and his wife Ruth, through the legacy of the Shepard Broad Foundation Inc., have given generous support to major universities and hospitals throughout the world. Morris Broad and Ann Bussel, the children of Ruth and Shepard Broad, spearheaded the establishment of SIPA’s distinguished lecture series, and became the first major donors towards the school’s new building by naming the 500-seat auditorium after their parents. The illustrious life of Shepard Broad ended on November 6, 2001, at the age of ninety-five. His beloved wife, Ruth, died on December 26, 1989.