Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
Broadcom Foundation
 
% Maria Wronski
Number and street (or P.O. box number if mail is not delivered to street address)4041 MacArthur Blvd STE 510
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Newport Beach, CA92660
A Employer identification number

26-4754581
B Telephone number (see instructions)

(946) 464-4138
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$121,888,701
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 31,217 31,217  
4 Dividends and interest from securities... 2,489,747 2,474,979  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,136,107
b Gross sales price for all assets on line 6a 52,064,023
7 Capital gain net income (from Part IV, line 2)... 9,136,107
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 12,343 1,306  
12 Total. Add lines 1 through 11........ 11,669,414 11,643,609  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 382,131     382,131
14 Other employee salaries and wages...... 241,088     241,088
15 Pension plans, employee benefits....... 124,300     124,300
16a Legal fees (attach schedule)......... 1,878 0 0 1,878
b Accounting fees (attach schedule)....... 15,750 0 0 15,750
c Other professional fees (attach schedule).... 495,104 426,970   68,134
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 54,300      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 14,697     14,697
21 Travel, conferences, and meetings....... 5,748     5,748
22 Printing and publications.......... 44,618     44,618
23 Other expenses (attach schedule)....... 210,586 32   210,554
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,590,200 427,002 0 1,108,898
25 Contributions, gifts, grants paid....... 4,178,709 4,178,709
26 Total expenses and disbursements. Add lines 24 and 25 5,768,909 427,002 0 5,287,607
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 5,900,505
b Net investment income (if negative, enter -0-) 11,216,607
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 6,116,956 12,246,373 12,246,373
3 Accounts receivable bullet37,192
Less: allowance for doubtful accounts bullet   14,530 37,192 37,192
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 8,787,015 Click to see attachment8,168,616 8,474,628
b Investments—corporate stock (attach schedule)....... 58,011,277 Click to see attachment52,373,803 75,968,777
c Investments—corporate bonds (attach schedule)....... 18,316,896 Click to see attachment24,321,195 25,161,731
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 91,246,674 97,147,179 121,888,701
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 91,246,674 97,147,179
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 91,246,674 97,147,179
30 Total liabilities and net assets/fund balances (see instructions). 91,246,674 97,147,179
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
91,246,674
2
Enter amount from Part I, line 27a .....................
2
5,900,505
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
97,147,179
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
97,147,179
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a Publicly-traded Securities      
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 52,064,023   42,927,916 9,136,107
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       9,136,107
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 9,136,107
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 155,911
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 155,911
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 155,911
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 98,300
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 57,611
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 155,911
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletMaria Wronski Telephone no.bullet (949) 464-4138

    Located atbullet4041 MACARTHUR BLVD STE 510Newport BeachCA ZIP+4bullet92660
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Paula Golden Executive Dir, Pres
    40.0
    272,951 30,438 0
    4041 MacArthur Blvd STE 510
    Newport Beach,CA92660
    Carl McKinzie dir
    1.0
    0 0 0
    4041 MacArthur Blvd STE 510
    Newport Beach,CA92660
    Henry Samueli dir
    1.0
    0 0 0
    4041 MacArthur Blvd STE 510
    Newport Beach,CA92660
    Maria Wronski Cfo, Sec
    20.0
    109,180 29,173 0
    4041 MacArthur Blvd STE 510
    Newport Beach,CA92660
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NICOLAOS ALEXOPOULOS Foundation Person
    20.0
    109,180 3,093  
    4041 MACARTHUR BLVD SUITE 501
    NEWPORT BEACH,CA92660
    CAROL MCDONALD EXECUTIVE ADMIN
    40.0
    88,571 20,009  
    4041 MACARTHUR BLVD SUITE 501
    NEWPORT BEACH,CA92660
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    Covington Capital Management Investment Mgmt 379,786
    601 South Figueroa St Ste 2000
    Los Angeles,CA900175726
    LITCO DESIGN 61,884
    2422 Guthrie Court
    Los Angeles,CA90034
    Foundation Source Administrative 96,240
    55 Walls Drive 3rd Fl
    Fairfield,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    101,702,000
    b
    Average of monthly cash balances.......................
    1b
    9,588,593
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    111,290,593
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    111,290,593
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,669,359
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    109,621,234
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,481,062
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,481,062
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    155,911
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    155,911
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,325,151
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,325,151
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    5,325,151
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    5,287,607
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    5,287,607
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,287,607
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 5,325,151
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 5,109,120
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,287,607
    a Applied to 2019, but not more than line 2a 5,109,120
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
     
    c Treated as distributions out of corpus (Election
    required—see instructions)........
     
    d Applied to 2020 distributable amount..... 178,487
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
     
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
     
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
     
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    5,146,664
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
     
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ALAMEDA COUNTY SCIENCE AND ENGINEERING FAIR ASSOCI
    2622 YORK ST
    WEST LINN,OR97068
    N/A PC Support for Regional Science Fair 3,000
    ARIZONA SCIENCE CENTER
    600 E WASHINGTON ST
    PHOENIX,AZ85004
    N/A PC Support for Regional Science Fair 5,000
    AUSTIN SCIENCE EDUCATION FOUNDATION
    704 W GIBSON ST
    AUSTIN,TX78704
    N/A PC Support for Regional Science Fair 5,000
    BAY AREA DISCOVERY MUSEUM
    557 MCREYNOLDS RD
    SAUSALITO,CA94965
    N/A PC Mobile STEM Education "Try It Truck" for Bay Area 10,000
    BLACK GIRLS CODE INC
    PO BOX 640926
    SAN FRANCISCO,CA94164
    N/A PC Silicon Valley Academy 5,000
    BOYS & GIRLS CLUBS NORTH SAN MATEO COUNTY
    201 W ORANGE AVE
    S SAN FRAN,CA94080
    N/A PC General & Unrestricted 5,000
    CALIFORNIA ACADEMY OF SCIENCES
    55 MUSIC CONCOURSE DR GOLDEN GATE P
    SAN FRANCISCO,CA94118
    N/A PC Science Action Club Support 5,000
    CALIFORNIA SCIENCE CENTER FOUNDATION
    700 EXPOSITION PARK DR
    LOS ANGELES,CA90037
    N/A PC SUPPORT FOR CA DELEGATES FROM CALIFORNIA SCIENCE & ENGINEERING FAIR TO ATTEND ISEF 20,000
    CALIFORNIA STATE UNIVERSITY EAST BAY FOUNDATION IN
    25800 CARLOS BEE BLVD SA 2750
    HAYWARD,CA94542
    N/A PC Summer Coding Program aligned with STEM Ecosystem expansion to provide STEM pathways for underrepresented youth in Hayward, San Leandro and San Lorenzo 25,000
    CHILDREN NOW
    1404 FRANKLIN ST STE 700
    OAKLAND,CA94612
    N/A PC GENERAL SUPPORT FOR CALIFORNIA STEM ECOSYSTEMS INITIATIVE 20,000
    CHILDREN NOW
    1404 FRANKLIN ST STE 700
    OAKLAND,CA94612
    N/A PC OVERSIGHT OF BAY AREA STEM ECOSYSTEM AND EXPANDING ECOSYSTEM CAPACITY AS A REGIONAL LEADER THROUGH OUTREACH AND ENGAGEMENT OF HAYWARD, SAN LEANDRO, AND SAN LORENZO UNIFIED SCHOOL DISTRICTS WITH TARGETED FOCUS ON STEM ACCESS AND PATHWAYS FOR UNDERREPRESENTED students 100,000
    CHILDREN NOW
    1404 FRANKLIN ST STE 700
    OAKLAND,CA94612
    N/A PC TWO CONVENING OF STEM STAKEHOLDERS TO EXAMINE ISSUES OF SUSTAINABILITY OF CALIFORNIA STEM ECOSYSTEMS AND ALIGNMENT WITH CAL STATE UNIVERSITY SYSTEM IN ECOSYSTEM REGIONS 10,000
    COLORADO STATE SCIENCE FAIR INC
    CSU CAMPUS DELIVERY 1802
    FORT COLLINS,CO80523
    N/A PC support for Regional Science Fair 5,000
    COMMUNIVERSITY FOUNDATION
    1107Y LAKEVIEW DR
    FAIRFIELD,IA52556
    N/A PC Raspberry Pi Workshop in South Africa Township 3,000
    COMPUTER HISTORY MUSEUM
    1401 N SHORELINE BLVD
    MOUNTAIN VIEW,CA94043
    N/A PC BROADCOM PRESENTS: DESIGN_CODE_BUILD PROJECT 87,500
    CORNELL UNIVERSITY
    260 DAY HALL
    ITHACA,NY14853
    N/A PC Science House for African Youth (SHAY) - Institute's African Science Buskers Festival 7,500
    DISCOVERY SCIENCE FOUNDATION
    2500 N MAIN ST
    SANTA ANA,CA92705
    N/A PC 2020 ISEF Program Development 20,000
    DISCOVERY SCIENCE FOUNDATION
    2500 N MAIN ST
    SANTA ANA,CA92705
    N/A PC Discovery Science Cube of Orange County's STEM Education Outreach/Coding Programs 125,000
    DR NELSON YING ORANGE COUNTY SCIENCE EXPOSITION IN
    PO BOX 22887
    LK BUENA VIS,FL32830
    N/A PC General & Unrestricted 250
    ENVISION EXCELLENCE IN STEM EDUCATION
    2108 LAMBERTON RD
    CLEVELAND HEIGHTS,OH44118
    N/A PC (SFN) National STEM Ecosystem Initiatives (TIES) 100,000
    ENVISION EXCELLENCE IN STEM EDUCATION
    2108 LAMBERTON RD
    CLEVELAND HEIGHTS,OH44118
    N/A PC Israel STEM Ecosystem Initiative (TIES) 25,000
    ENVISION EXCELLENCE IN STEM EDUCATION
    2108 LAMBERTON RD
    CLEVELAND HEIGHTS,OH44118
    N/A PC STEM Ecosystem convening of OC/Mexico Ecosystem to explore teacher training next generation science standards and development of Spanish language coding with Raspberry Pi 2,500
    FRIENDS OF THE UNIVERSITY OF HONG KONG LTD
    1321 SYDNEY DR
    SUNNYVALE,CA94087
    N/A PC Asia/Pacific University Student Workshop Support 125,000
    GIRL SCOUTS OF ORANGE COUNTY
    9500 TOLEDO WAY
    IRVINE,CA92618
    N/A PC STEM Badge and Coding Activities 20,000
    GIRLS INCORPORATED OF ORANGE COUNTY
    1801 E EDINGER AVE
    SANTA ANA,CA92705
    N/A PC Afterschool STEM Project 10,000
    GREATER SAN DIEGO SCIENCE AND ENGINEERING FAIR INC
    PO BOX 15547
    SAN DIEGO,CA92175
    N/A PC Support for Regional Science Fair 2,500
    GWINNETT COUNTY PUBLIC SCHOOLS FOUNDATION FUND INC
    437 OLD PEACHTREE RD NW
    SUWANEE,GA30024
    N/A PC Support for Regional Science Fair 5,000
    IRVINE PUBLIC SCHOOLS FOUNDATION
    1 POST STE 250
    IRVINE,CA92618
    N/A PC support for Irvine Public School District Science Fair 30,000
    LOUISVILLE REGIONAL SCIENCE & ENGINEERING FAIR
    PO BOX 8184
    LOUISVILLE,KY40257
    N/A PC General & Unrestricted 250
    MASSACHUSETTS SCIENCE & ENGINEERING FAIR INC
    955 MASSACHUSETTS AVE 350
    CAMBRIDGE,MA02139
    N/A PC Support for Regional Science Fair 5,000
    MINNESOTA ACADEMY OF SCIENCE
    970 RAYMOND AVE STE 103
    SAINT PAUL,MN55114
    N/A PC Support for Regional Science Fair 5,000
    NCTU FOUNDATION
    PO BOX 2793
    CUPERTINO,CA95015
    N/A PC National Chaio Tung University for hosting the Asia/Pacific University Student Workshop 50,000
    OCTANE FOUNDATION FOR INNOVATION
    65 ENTERPRISE
    ALISO VIEJO,CA92656
    N/A SO I Development and implementation of guidelines and application of post graduate - entrepreneurial and incubator methodologies for student participants in university workshops 30,000
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD STE 510
    NEWPORT BEACH,CA92660
    N/A PC General & Unrestricted 5,000
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD STE 510
    NEWPORT BEACH,CA92660
    N/A PC Support for OC Workforce Development Initiatives 10,000
    ORANGE COUNTY COMMUNITY FOUNDATION
    4041 MACARTHUR BLVD STE 510
    NEWPORT BEACH,CA92660
    N/A PC COVID-19 Relief fund 50,000
    ORANGE COUNTY SCIENCE AND ENGINEERING FAIR INC
    PO BOX 11151
    SANTA ANA,CA92711
    N/A PC Support for Regional Science Fair 50,000
    PENANG SCIENCE CLUSTER
    WISMA YEAP CHOR EE 37 GAT LEBUH CHI
    PENANG   10200
    MY
    N/A PC General & Unrestricted 30,000
    RASPBERRY PI FOUNDATION NORTH AMERICA INC
    548 MARKET ST PMB 16362
    SAN FRANCISCO,CA94104
    N/A PC Coolest Projects in North America 20,000
    RASPBERRY PI FOUNDATION NORTH AMERICA INC
    548 MARKET ST PMB 16362
    SAN FRANCISCO,CA94104
    N/A PC Support for Pi Academy in the US 30,000
    RASPBERRY PI FOUNDATION NORTH AMERICA INC
    548 MARKET ST PMB 16362
    SAN FRANCISCO,CA94104
    N/A PC Kids Code Jeunesse, Code Club expenses related to receiving and shipping laptops to Canada 3,500
    RBSEF INC
    PO BOX 13314
    READING,PA19612
    N/A PC Support for Regional Science Fair 5,000
    REGENTS UNIVERSITY OF CALIFORNIA LOS ANGELES
    220 WESTWOOD PLZ RM B10
    LOS ANGELES,CA90095
    N/A PC UCLA Broadcom Fellowship Program, under the direction of the Dean of the Henry Samueli School of Engineering & Applied Sciences 150,000
    RENAISSANCE YOUTH CENTER
    3485 3RD AVE
    BRONX,NY10456
    N/A PC Code the Bronx program 25,000
    RENAISSANCE YOUTH CENTER
    3485 3RD AVE
    BRONX,NY10456
    N/A PC COVID-19 Support fund for Summer 2020 50,000
    RIVERSIDE COUNTY OFFICE OF EDUCATION FOUNDATION
    3939 13TH ST
    RIVERSIDE,CA92501
    N/A PC Riverside Regional Science Fair Support 2,500
    RURAL UTAH PROJECT EDUCATION FUND
    323 S 600 E STE 130
    SALT LAKE CTY,UT84102
    N/A PC Navajo & Hopi Families COVID-19 Relief Fund 20,000
    SALVATION ARMY SERVICES INC
    30840 HAWTHORNE BLVD
    RCH PALOS VRD,CA90275
    N/A PC California, Oregon and Washington Wildfire Relief fund 50,000
    SAN MATEO COUNTY OFFICE OF EDUCATION
    101 TWIN DOLPHIN DR
    REDWOOD CITY,CA94065
    N/A GOV Support for San Mateo County Regional Science Fair 15,000
    SANTA CLARA VALLEY SCIENCE FAIR ASN
    PO BOX 307
    LOS ALTOS,CA94023
    N/A PC Support for the Regional Science Fair 2,500
    SCIENCE BUDDIES
    560 VALLEY WAY
    MILPITAS,CA95035
    N/A PC Support for increasing online Science & Engineering Programs 50,000
    SILICON VALLEY EDUCATION FOUNDATION
    1400 PARKMOOR AVE STE 200
    SAN JOSE,CA95126
    N/A PC ELEVATE Math Program 20,000
    SOCIETY FOR SCIENCE & THE PUBLIC
    1719 N ST NW
    WASHINGTON,DC20036
    N/A PC Broadcom MASTERS Program 1,819,959
    SOCIETY FOR SCIENCE & THE PUBLIC
    1719 N ST NW
    WASHINGTON,DC20036
    N/A PC ISEF Qualifying California delegation 28,000
    SOCIETY FOR SCIENCE & THE PUBLIC
    1719 N ST NW
    WASHINGTON,DC20036
    N/A PC ISEF Sponsorship Directors Breakfast 30,000
    SOCIETY FOR SCIENCE & THE PUBLIC
    1719 N ST NW
    WASHINGTON,DC20036
    N/A PC ISEF Sponsorship Outreach 300,000
    SOUTH SAN FRANCISCO FRIENDS OF THE LIBRARY
    840 W ORANGE AVE
    S SAN FRAN,CA94080
    N/A PC Expanded collaboration with the East Bay STEM Network with a focus on targeted outreach and engagement with the Hayward, San Leandro and San Lorenzo Unified School Districts to expand access to STEM instruction to under-served student populations 20,000
    THE AMERICAN IRELAND FUND
    10 POST OFC SQ STE 1205
    BOSTON,MA02109
    N/A PC The University College Dublin Foundation CLG - EMEA University Workshop Support 62,500
    THE FOUNDATION AT FCOE
    1111 VAN NESS AVE 3RD FL
    FRESNO,CA93721
    N/A PC Central Valley Regional Science Fair (Fresno) 5,000
    UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION
    100 THEORY STE 250
    IRVINE,CA92617
    N/A PC FABCamp Scholarship fund and OC Outreach for underserved middle schoolers 35,000
    UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION - THE H
    5200 ENGINEERING HALL
    IRVINE,CA92697
    N/A PC Asia/Pacific University Student Workshop Support 50,000
    UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION - THE H
    5200 ENGINEERING HALL
    IRVINE,CA92697
    N/A PC OC STEM Ecosystem Initiative 110,000
    UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION - THE H
    5200 ENGINEERING HALL
    IRVINE,CA92697
    N/A PC UCI Broadcom Fellowship fund 150,000
    UNIVERSITY OF CALIFORNIA IRVINE FOUNDATION - THE H
    5200 ENGINEERING HALL
    IRVINE,CA92697
    N/A PC UCI K-14 Future Innovators Initiative & ASPIRE/INSPIRE Programs 75,000
    UNIVERSITY OF NORTH CAROLINA AT CHARLOTTE
    9201 UNIVERSITY CITY BLVD
    CHARLOTTE,NC28223
    N/A GOV General & Unrestricted 250
    WORKING WARDROBES FOR A NEW START
    92 CORPORATE PARK STE C
    IRVINE,CA92606
    N/A PC General & Unrestricted 3,000
    ENVISION EXCELLENCE IN STEM EDUCATION
    2108 LAMBERTON RD
    CLEVELAND HEIGHTS,OH44118
    n/a PC National STEM Funders Network Annual fund 10,000
    ONEOC
    1901 E 4TH ST
    SANTA ANA,CA92705
    n/a PC OC STEM Funders Network Annual fund 20,000
    Total .................................bullet 3a 4,178,709
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
        14 31,217  
    4 Dividends and interest from securities....     14 2,489,747  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 9,136,107  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aCLASS ACTION LAWSUIT PROCEEDS
        14 527  
    bFederal Tax Refund     01 11,037  
    cFOREIGN TAX REFUNDS     01 779  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   11,669,414  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    11,669,414
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Audit Fees 15,750     15,750

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 DepreciationSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)
    Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    UNIVERSITA DEGLI STUDI DI PAVIA
     
    CORSO STRADA NUOVA 65
    PAVIA    
    IT
    2012-11-20 25,000 TO SUPPORT SCIENTIFIC RESEARCH 25,000 NO SEE GENERAL EXPLANATION FOR DATES OF REPORTS   NO VERIFICATION WAS NECESSARY

    TY 2020 GeneralExplanationAttachment
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Identifier Return Reference Explanation
    FORM 990PF, PART VII-B, LINE 5C-EXPENDITURE RESPONSIBILITY STATEMENT CONT. PART VII-B, LINE 5C-EXPENDITURE RESPONSIBILITY STATEMENT (CONT'D) GRANTEE'S NAME: UNIVERSITA DEGLI STUDI DI PAVIA GRANT DATE: 11/20/2012 ADDITIONAL DATES OF ANNUAL REPORTS: 1/10/14, 9/12/14, 5/15/15, 9/15/16, 5/12/17, 12/14/18, 6/12/19 All reporting obligations for this grant have been met; therefore, the Foundation will not include an expenditure responsibility report for this grant on its future Forms 990-PF.

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ACTAVIS FUNDING BD - 3.450% - 1,009,270 1,025,930
    ALLERGAN PLC - 3.250% - 10/01/ 30,995 30,888
    AMERICAN EXPRESS CO - 5.200% - 142,950 148,688
    ANHEUSER-BUSCH - 3.650% - 02/0 1,092,990 1,130,122
    BANK AMER CORP - 4.125% - 01/2 833,970 831,251
    BANK OF AMERICA - 6.250% - 12/ 165,150 166,434
    BANK OF AMERICA CORP JR SUBORD 259,375 285,625
    BANK OF MONTREAL - 2.350% - 09 965,340 1,035,190
    BANK OF NOVA SCOTIA - 2.700% - 999,810 1,102,550
    BP CAP MKTS PLC BOND - 3.224% 997,860 1,073,470
    BROADCOM INC SER B - 4.700% - 1,146,650 1,145,970
    CAPITAL ONE FINANCIAL - 3.900% 1,094,920 1,095,380
    CAPITAL ONE FINL CORP NOTE - 3 766,158 755,085
    CITIGROUP INC - 5.950% - 12/29 253,750 262,400
    CITIGROUP INC BND - 3.300% - 0 1,247,492 1,441,647
    CITIGROUP INC BOND - 6.250% - 255,625 286,740
    COMCAST CORP NOTE - 3.950% - 1 851,263 858,919
    FIFTH THIRD BANCORP BOND PERPE 411,141 425,400
    GENERAL MTRS FINL CO INC NOTE 1,088,710 1,096,490
    GENERAL MTRS FINL COINC BOND P 258,125 260,000
    GOLDMAN SACHS GROUP INC DTD - 991,010 1,001,860
    GOLDMAN SACHS PERP - 5.300% - 163,155 163,833
    HOWARD UNIV SER 2020B - 1.991% 40,998 40,685
    JPMORGAN CHASE & CO - 3.200% - 1,523,969 1,588,384
    JPMORGAN CHASE & CO - 5.150% - 252,500 258,130
    JPMORGAN CHASE NOTE - 4.625% - 300,000 296,205
    ORACLE CORP - 2.950% - 04/01/2 1,135,380 1,114,933
    PNC FIN - 6.750% - 12/31/2049 166,188 153,713
    ROYAL BK CDA SER H - 1.150% - 1,004,900 1,021,870
    SCHWAB CHARLES CORP - 0.000% - 468,063 464,750
    SCHWAB CHARLES CORP PERPETUAL 100,000 101,750
    STARBUCKS CORP COM - 3.550% - 1,148,960 1,163,700
    VERIZON COMMUNICATIONS INC - 4 1,112,410 1,178,689
    WALT DISNEY - 2.300% - 02/12/2 750,713 751,313
    WELLS FARGO & CO NEW DEPOSITAR 266,875 283,438
    WELLS FARGO - 3.550% - 09/29/2 1,024,530 1,120,299

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M CO 714,305 873,950
    ABBOTT LABS 465,646 656,940
    ACCENTURE PLC 293,526 979,538
    ADOBE SYSTEMS, INC 762,470 800,192
    ALIBABA GROUP HOLDING LTD 581,595 512,006
    ALLIANZ AGIC CONVERTIBLE INS 701,762 730,850
    ALPHABET INC CL A 627,828 1,007,768
    AMAZON COM 373,535 1,221,349
    AMERICAN WATER WORKS COMPANY I 217,420 767,350
    AMGEN INC 414,225 747,240
    ANALOG DEVICES INC 269,270 960,245
    APPLE INC 589,473 1,791,315
    ARTISAN SMALL CAP FD ADV 527,254 551,264
    AVALONBAY CMNTYS INC 468,138 481,290
    BANK OF AMERICA CORP 597,667 727,440
    BARON INTERNATIONAL GROWTH FUN 694,697 916,072
    BERKSHIRE HATHAWAY INC. CLASS 515,521 927,480
    BLACKROCK INC 242,449 901,925
    BLACKROCK TECHNOLOGY OPPORTUNI 391,949 778,200
    BRISTOL-MYERS SQUIBB CO 778,150 899,435
    BROADCOM INC 667,744 985,163
    CHEVRON CORP 671,899 591,150
    CISCO SYSTEMS INC 792,097 805,500
    COLUMBIA MORTGAGE OPPORTUNITIE 1,000,000 1,027,778
    COMCAST CORP 555,155 655,000
    CONSTELLATION BRANDS INC 668,188 766,675
    COSTCO WHOLESALE CORPORATION 412,047 941,950
    CVS CAREMARK CORP 498,810 601,040
    DIAMOND HILL CORPORATE CREDIT 710,227 710,414
    DOMINION ENERGY INC 616,763 752,000
    FACEBOOK INC 731,526 1,092,640
    FASTENAL COMPANY 254,142 610,375
    FEDERATED KAUFMANN SM CAP 367,660 568,298
    FIDELITY ADVISOR HEALTH CARE C 518,506 527,264
    FLAHERTY&CRUMRINE CLAYMORE P 1,024,801 1,405,800
    GARMIN LTD 400,039 598,300
    GENUINE PARTS COMPANY 543,567 602,580
    GOLDMAN SACHS GROUP PFD SER J 260,000 273,300
    HOME DEPOT INC 233,281 796,860
    INTEL CORP 936,441 934,125
    INTERCONTINENTAL EXCHANGE, INC 632,905 979,965
    INVESCO OPPENHEIMER GLOBAL OPP 558,055 617,077
    INVESCO PREFERRED ETF 1,125,213 1,220,800
    JOHN HANCOCK INTERNATIONAL COR 488,212 618,430
    JOHNSON & JOHNSON 486,304 865,590
    JP MORGAN CHASE 373,323 953,025
    JPMORGAN EMERGING MARKETS EQUI 350,509 373,366
    KRAFT HEINZ CO 431,641 519,900
    L3HARRIS TECHNOLOGIES 597,120 567,060
    LOCKHEED MARTIN CORP 451,721 709,960
    LOOMIS SAYLES GLOBAL ALLOCATIO 572,371 554,128
    MATTHEWS ASIA-PACIFIC FUND 569,106 762,920
    MERCK & CO INC 516,193 899,800
    MFS INTERNATIONAL DIVERSIFICAT 470,551 558,728
    MICROSOFT CORP 180,152 1,334,520
    MONDELEZ INTERNATIONAL INC 429,339 584,700
    MORGAN STANLEY INSTI FD TR MID 555,273 577,572
    MORGAN STANLEY PFD SER E - 7.1 228,975 235,280
    MORGAN STANLEY PFD SER F - 6.8 202,894 213,750
    NEW PERSPECTIVE FUND, CLASS F 527,644 696,069
    NEXTERA ENERGY, INC 160,429 771,500
    NIKE INC-CL B 188,433 848,820
    PAYCHEX 446,132 931,800
    PEPSICO INC 382,807 667,350
    PGIM GLOBAL TOTAL RETURN FUND 502,632 502,646
    PIMCO DIVERSIFIED INCOME FUND 1,075,673 1,092,978
    PIMCO FLOATING INCOME INSTITUT 939,320 949,427
    PIMCO GNMA FD INSTITUTIONAL CL 2,023,314 2,028,630
    PIMCO INCOME FUND 2,724,922 2,713,427
    PIMCO MORTGAGE OPPORTUNITIES F 332,195 331,742
    PIMCO UNCONSTRAINED TAX MANAGE 725,877 750,228
    PNC FINANCIAL SERVICES PFD SER 601,106 602,550
    PUBLIC STORAGE INC 470,894 577,325
    RAYTHEON TECHNOLOGIES CORP 524,028 607,835
    ROPER INDUSTRIES 450,897 625,081
    SALESFORCE.COM 770,804 712,096
    STARBUCKS CORP COM 437,893 855,840
    STRYKER CORPORATION 196,234 918,900
    T. ROWE PRICE EMERGING MARKETS 307,323 377,341
    T. ROWE PRICE GROUP 517,669 756,950
    TAIWAN SEMICONDUCTOR MFG CO LT 263,043 1,417,520
    THE COCA-COLA CO 374,313 438,720
    THERMO FISHER SCIENTIFIC INC 551,306 931,560
    TJX COMPANIES INC 415,349 546,320
    UNION PACIFIC 271,078 728,770
    UNITEDHEALTH GROUP INC 357,136 964,370
    V F CORP 291,087 683,280
    VANGUARD INFORMATION TECHNOLOG 388,999 1,238,265
    VANGUARD INTL GROWTH FD ADMIRA 668,324 1,070,142
    VERIZON COMMUNICATIONS 850,650 881,250
    VICTORY SMALL COMPANY OPPORTUN 552,580 553,590
    VICTORY SYCAMORE ESTABLISHED V 556,656 568,758
    VISA INC 356,674 1,093,650
    WASTE MANAGEMENT INC 612,502 648,615
    WELLS FARGO PFD 5.25% 248,250 260,800

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    US Government Securities - End of Year Book Value:

    6,258,886
    US Government Securities - End of Year Fair Market Value:

    6,539,100
    State & Local Government Securities - End of Year Book Value:


    1,909,730
    State & Local Government Securities - End of Year Fair Market Value:


    1,935,528


    TY 2020 LegalFeesSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    General Consultations 1,878     1,878


    TY 2020 OtherExpensesSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 96,240     96,240
    Bank Charges 32 32    
    Cell Phone Expense 1,553     1,553
    Computers/Electronic Devices 7,468     7,468
    Insurance Premiums 15,442     15,442
    IT SUPPORT EXPENSES 11,099     11,099
    Office Supplies 1,290     1,290
    Payroll Processing Fees 6,734     6,734
    Postage/Delivery Service 891     891
    State or Local Filing Fees 160     160
    Training & Professional Develo 20     20
    Website Hosting/Support 10,522     10,522
    FOUNDATION CREDIT CARD FEE 95     95
    PROMOTIONAL ITEMS 57,190     57,190
    EQUIVALENCY DETERMINATION FEES 1,850     1,850


    TY 2020 OtherIncomeSchedule2
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Class Action Lawsuit Proceeds 527 527  
    Federal Tax Refund 11,037    
    Foreign Tax Refunds 779 779  


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Management Services 426,970 426,970    
    Website Development 3,850     3,850
    PHOTO/VIDEO SERVICES 2,400     2,400
    DESIGN SERVICES 61,884     61,884


    TY 2020 TaxesSchedule
    Name:
    Broadcom Foundation
    EIN:
    26-4754581
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 54,300