The Broad Institute is a biomedical and genomic research center located in Cambridge, Massachusetts. The institute was founded in 2003 as a joint venture between Harvard University and the Massachusetts Institute of Technology (MIT). The Broad Institute's mission is to improve human health by using genomics to understand the underlying causes of disease. The institute conducts research in a variety of areas, including cancer, infectious disease, and psychiatric disorders. The Broad Institute is a non-profit organization and is funded by a combination of government grants, philanthropic donations, and corporate partnerships.