Form990-PF

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
THE BORCH FOUNDATION
 
% CHRISTOPHER R BORCH
Number and street (or P.O. box number if mail is not delivered to street address)14315 TAOS DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SARATOGA, CA95070
A Employer identification number

20-8777443
B Telephone number (see instructions)

(408) 395-5585
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$15,268,567J 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) 5,839,414
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 312,377 312,377  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,166,619
b Gross sales price for all assets on line 6a 2,365,951
7 Capital gain net income (from Part IV, line 2)... 1,166,619
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 Total. Add lines 1 through 11........ 7,318,410 1,478,996  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 5,900 2,950 0 2,950
c Other professional fees (attach schedule).... Click to see attachment 10,096 10,096    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 9,262 16    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 481 396   85
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,739 13,458 0 3,035
25 Contributions, gifts, grants paid....... 164,000 164,000
26 Total expenses and disbursements. Add lines 24 and 25 189,739 13,458 0 167,035
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,128,671
b Net investment income (if negative, enter -0-) 1,465,538
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......... 166,538 731,272 731,272
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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)      
b Investments—corporate stock (attach schedule)....... 1,428,038 Click to see attachment2,545,399 14,537,295
c Investments—corporate bonds (attach schedule).......      
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) 1,594,576 3,276,671 15,268,567
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...........    
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 1,594,576 3,276,671
29 Total net assets or fund balances (see instructions)..... 1,594,576 3,276,671
30 Total liabilities and net assets/fund balances (see instructions). 1,594,576 3,276,671
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
1,594,576
2
Enter amount from Part I, line 27a .....................
2
7,128,671
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,723,247
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
5,446,576
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,276,671
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   2001-01-01 2020-12-01
b LONG TERM CAPITAL GAIN DISTRIBUTION   2000-01-01 2020-12-31
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 2,357,518   1,199,332 1,158,186
b 8,433     8,433
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       1,158,186
b       8,433
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 1,166,619
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 20,371
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 20,371
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 20,371
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 8,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 40,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 48,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 27,629
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet27,629 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 addressbulletN/A
    14
    The books are in care ofbulletCHRISTOPHER R BORCH Telephone no.bullet (408) 395-5585

    Located atbullet14315 TAOS DRIVESARATOGACA ZIP+4bullet950705567
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletSN
    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
     
     
    ........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
     
    No
    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
    ANDREA W BORCH CEO
    1.0     		0 0 0
    14315 TAOS DRIVE
    SARATOGA,CA95070
    CHRISTOPHER R BORCH CFO
    1.0     		0 0 0
    14315 TAOS DRIVE
    SARATOGA,CA95070
    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
     
    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
     
    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
    6,968,385
    b
    Average of monthly cash balances.......................
    1b
    314,888
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,283,273
    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
    7,283,273
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    109,249
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,174,024
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    358,701
    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
    358,701
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    20,371
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    20,371
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    338,330
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    338,330
    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
    338,330
    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
    167,035
    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
    167,035
    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
    167,035
    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 7 338,330
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2018, 2017, 2016 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 319,276
    b From 2016...... 545,429
    c From 2017...... 678,762
    d From 2018...... 551,030
    e From 2019...... 327,442
    fTotal of lines 3a through e........ 2,421,939
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 167,035
    a Applied to 2019, but not more than line 2a 0
    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..... 167,035
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 171,295 171,295
    (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 2,250,644
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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 ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    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) ...     		147,981
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,102,663
    10 Analysis of line 9:
    a Excess from 2016.... 545,429
    b Excess from 2017.... 678,762
    c Excess from 2018.... 551,030
    d Excess from 2019.... 327,442
    e Excess from 2020....  
    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).)
    CHRISTOPHER R ANDREA W BORCH
    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 e-mail address of the person to whom applications should be addressed:
    CHRISTOPHER R ANDREA W BORCH
    14315 TAOS DRIVE
    SARATOGA,CA95070
    (408) 395-5585
    bThe form in which applications should be submitted and information and materials they should include:
    NO SPECIFIC FORM
    cAny submission deadlines:
    NO DEADLINE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    ONLY FOR CHARITABLE PURPOSES
    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
    BOYS & GIRLS CLUB OF SILICON VALLEY
    518 VALLEY WAY
    MILPITAS,CA95035     		NONE PC UNRESTRICTED 1,000
    CHESTNUT HILL BENEVOLENT ASSOCIATION
    910 Boylston Street
    Chestnut Hill,MA02467     		NONE PC UNRESTRICTED 1,000
    GREENVILLE ELITE TRACK CLUB
    111 Gascony Drive
    Greenville,SC29609     		NONE PC UNRESTRICTED 5,000
    HABITAT FOR HUMANITY
    645 HARRISON STREET SUITE 201
    SAN FRANCISCO,CA94107     		NONE PC UNRESTRICTED 2,500
    Humane Society Silicon Valley
    901 Ames Avenue
    Milpitas,CA95035     		NONE PC UNRESTRICTED 5,000
    TOYS FOR TOTS
    901 E MISSION STREET
    SAN JOSE,CA95112     		NONE PC UNRESTRICTED 3,000
    Salvation Army
    832 Folsom Street
    San Francisco,CA94107     		NONE PC UNRESTRICTED 2,500
    SAN JOSE ANIMAL CARE CENTER
    200 E SANTA CLARA STREET
    SAN JOSE,CA95113     		NONE PC UNRESTRICTED 1,000
    Second Harvest food bank
    750 Curtner Avenue
    San Jose,CA95125     		NONE PC UNRESTRICTED 3,000
    THE MARINE MAMMAL CENTER
    2000 BUNKER ROAD
    SAUSALITO,CA94965     		NONE PC UNRESTRICTED 5,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    UNIVERSITY PARK CAMPUS
    LOS ANGELES,CA90089     		NONE PC UNRESTRICTED 125,000
    USA TRACK & FIELD FOUNDATION
    217 LINCOLN AVE
    SALEM,OH44460     		NONE PC UNRESTRICTED 2,500
    YMCA OF SILICON VALLEY
    80 Saratoga Avenue
    SANTA CLARA,CA95051     		NONE PC UNRESTRICTED 7,500
    Total .................................bullet 3a 164,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 312,377  
    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 1,166,619  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   1,478,996  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,478,996
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    THE BORCH FOUNDATION
     
    Employer identification number

    20-8777443
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    THE BORCH FOUNDATION
          		Employer identification number
    20-8777443
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    SARCADIA LLC
    14315 TAOS DRIVE
     
    SARATOGA, CA95070

    		$ 50,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    CHRISTOPHER R ANDREA W BORCH
    14315 TAOS DRIVE
     
    SARATOGA, CA95070

    		$ 5,789,414


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    THE BORCH FOUNDATION
          		Employer identification number

    20-8777443
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 2,850,0000 SH MICRO-MECHANICS $ 5,789,414 2020-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    THE BORCH FOUNDATION
          		Employer identification number

    20-8777443
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    THE BORCH FOUNDATION
    EIN:
    20-8777443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEE 5,900 2,950   2,950

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

    TY 2020 DepreciationSchedule
    Name:
    THE BORCH FOUNDATION
    EIN:
    20-8777443
    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

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE BORCH FOUNDATION
    EIN:
    20-8777443
    Name of Stock End of Year Book Value End of Year Fair Market Value
    99 SH FIRST TR EXCHANGE TRADED 10,400 14,017
    57 SH ABBOTT LABORATORIES 5,893 6,240
    84 SH ABBVIE INC COM 7,702 9,000
    32 SH ACCENTURE PLCIRELAND CL 7,488 8,358
    198 SH ADOBE INC 17,723 99,024
    177 SH AIRBNB INC CL A 24,869 25,983
    48 SH ALNYLAM PHARMACEUTICALS 6,302 6,239
    53 SH ALPHABET INC CL A 22,679 92,890
    56 SH ALPHABET INC CL C 27,078 98,105
    101 SH AMERICAN EXPRESS CO 10,362 12,212
    2,360 SH APPLE INC 47,713 313,148
    59 SH AUTODESK INC DELAWARE 14,044 18,015
    96 SH AUTOMATIC DATA PROCESSIN 13,220 16,915
    46 SH BROADCOM INC 15,399 20,141
    207 SH C3 AI INC CL A 24,846 28,721
    38 SH CADENCE DESIGN SYSTEM 4,128 5,184
    34 SH CARVANA COCL A 7,882 8,144
    539 SH CHARLES SCHWAB NEW 17,327 28,589
    254 SH CISCOSYS INC 11,018 11,367
    282 SH CLOUDERA INC 3,282 3,923
    53 SH COGNIZANT TECH SOLUTIONS 3,542 4,343
    585 SH COLGATE PALMOLIVE CO 33,793 50,023
    360 SH CONOCOPHILLIPS 14,828 14,396
    39 SH COSTCOWHOLESALE CORP NEW 13,465 14,694
    22 SH DANAHER CORPORATION 4,442 4,887
    122 SH DATADOG INC CL A 10,294 12,010
    25 SH DEXCOM INC 10,732 9,243
    20 SH DOCUSIGN INC 3,998 4,446
    15 SH DOMINOS PIZZA INC 5,912 5,752
    142 SH DOORDASH INC CL A 24,946 20,271
    147 SH DRAFTKINGS INC CL A 6,000 6,844
    116 SH FACEBOOK INC CL-A 31,962 31,687
    131 SH FASTLY INC CL A 10,822 11,445
    123 SH FREEPORT-MCMORAN CL-B 2,997 3,200
    383 SH GENERAL MILLS INC 16,149 22,520
    284 SH HOME DEPOT INC 23,678 75,436
    25 SH IAC INTERACTIVECORP NEW 3,275 4,734
    165 SH ILL TOOL WORKS INC 11,659 33,640
    191 SH JD COM INC SPON ADR CL 13,955 16,789
    210 SH JOHNSON & JOHNSON 16,300 33,050
    196 SH JPMORGAN CHASE & CO 19,439 24,906
    61 SH LOCKHEED MARTIN CORP 13,707 21,654
    43 SH LULULEMON ATHLETICA INC 14,713 14,965
    171 SH LYFT INC CL A 5,065 8,401
    48 SH MARRIOTT INTL INC NEWCL 4,699 6,332
    30 SH MASTERCARD INC CL A 10,212 10,708
    59 SH MATCH GROUP INC 6,657 8,920
    38 SH MERCADOLIBRE INC 42,973 63,658
    349 SH MERCK & CO INC NEWCOM 13,016 28,548
    262 SH MICROSOFT CORP 55,145 58,274
    68 SH MODERNA INC 4,615 7,104
    20 SH NETFLIX INC 9,918 10,815
    87 SH NEWMONT CORPORATION 5,826 5,210
    868 SH NEXTERA ENERGYINC 12,810 66,966
    634 SH NIKE INC B 16,157 89,692
    72 SH NOVAVAX INC 7,407 8,029
    39 SH NVIDIA CORPORATION 19,076 20,366
    59 SH NXP SEMICONDUCTORS NV 7,313 9,382
    101 SH ORACLE CORP 5,684 6,534
    86 SH OTIS WORLDWIDE CORP 4,041 5,809
    566 SH PALANTIR TECHNOLOGIES I 12,929 13,329
    210 SH PELOTON INTERACTIVE INC 17,738 31,861
    249 SH PEPSICO INC NC 19,198 36,927
    662 SH PHILLIPS 66 COM 29,736 46,300
    34 SH PINTEREST INC CL A 2,194 2,241
    461 SH QUALCOMM INC 32,905 70,229
    55 SH ROKU INC COM CL A 8,255 18,261
    54 SH SALESFORCE.COM,INC 13,105 12,017
    41 SH SELECTQUOTE INC 784 851
    44 SH SERVICENOW INC 19,718 24,219
    25 SH SHERWIN WILLIAMS COMPANY 17,026 18,373
    23 SH SHOPIFY INC 22,370 26,035
    45 SH SPOTIFYTECHNOLOGY SA 11,217 14,160
    91 SH SQUARE INC CLASS A 13,189 19,805
    72 SH STAMPS.COM INC COM NEW 18,602 14,126
    606 SH STARBUCKS CORP WASHINGT 11,751 64,830
    325 SH TAIWAN SMCNDCTR MFGCOLT 26,288 35,438
    370 SH TARGET CORPORATION 20,947 65,316
    290 SH TENCENT HLDGS LTD UNSPO 20,307 20,848
    25 SH TRADE DESK INC CLASS A 11,176 20,025
    90 SH TWILIO INC CL A 22,041 30,465
    131 SH TWITTER INC 5,260 7,094
    171 SH UBER TECHNOLOGIES INC 5,763 8,721
    143 SH UNITED PARCEL SER INC 13,762 24,081
    56 SH UNITEDHEALTH GP INC 17,499 19,638
    246 SH VIRGIN GALACTIC HOLDING 4,292 5,838
    35 SH VISA INC CL A 7,071 7,656
    4 SH VMWARE INC CLASS A 576 561
    193 SH WALMART INC 15,577 27,821
    162 SH WALT DISNEYCOHLDGCO 21,086 29,351
    18 SH WIXCOM LTD 5,027 4,499
    32 SH ZOOM VIDEOCOMMUNICATIONS 11,477 10,794
    165 SH ZOOMINFOTECHNOLOGIES 5,936 7,958
    63 SH ZSCALER, INC 8,303 12,582
    91 SH FIRST TR EXCHANGE TRADED 4,078 4,502
    36 SH FIRST TRUST DJ INTERNET 6,784 7,640
    118 SH FIRST TRUST INDS/PRODS 4,875 5,921
    81 SH FIRST TRUST NASD 100 IND 6,992 8,170
    63 SH FIRST TRUST US EQUITYOPP 5,898 7,454
    212 SH INVESCODYNAMIC SEMICOND 16,609 22,245
    13 SH INVESCOQQQ TRUST, SERIES 3,660 4,079
    189 SH INVESCOS&P 500 QUALITYE 7,278 7,959
    13 SH ISHARES CORE HIGH DIVIDE 1,094 1,140
    112 SH ISHARES EDGE MSCI MIN V 7,668 8,222
    76 SH ISHARES EDGE MSCI MIN VO 4,886 5,159
    44 SH ISHARES EDGE MSCI US QLT 4,623 5,113
    6 SH ISHARES MORNINGSTAR LRG C 1,146 1,301
    207 SH ISHARES MSCI EAFE ETF 14,869 15,103
    166 SH ISHARES MSCI EMERGINGMK 7,372 8,577
    90 SH ISHARES MSCI USA ESGSELC 6,690 7,411
    57 SH ISHARES RUSSELL TOP 200 6,928 7,583
    579 SH KRANESHARES CSI CHINA I 40,497 44,461
    48 SH PROSHARES TR S&P 500 DV 3,491 3,834
    150 SH REAL ESTATE SELECT SECT 5,426 5,484
    72 SH SPDR GOLD TR GOLD SHS 13,241 12,842
    24 SH SPDR S&P 500 ETF TRUST 8,160 8,973
    122 SH SPDR S&P OIL & GAS EXP 6,185 7,137
    313 SH VANECK VECTORS GOLD MIN 13,152 11,274
    70 SH VANECK VECTORS JUNIOR GO 4,209 3,797
    209 SH VANECK VECTORS PHARMACE 13,296 13,892
    236 SH VANGUARD FINANCIALS ETF 14,286 17,193
    279 SH VANGUARD FTSE EMERGINGM 12,398 13,981
    25 SH VANGUARD INFOTECH ETF 7,854 8,845
    124 SH VANGUARD TOTAL INTL STO 6,562 7,460
    760 SH ALGER SMALL CAP FOCUS 20,556 25,051
    1,055 SH ALGER WEATHERBIE SPZD 19,174 23,755
    760 SH ALLIANZGI CONVERTIBLE 28,309 32,390
    1,830 SH AMER CENT EMERG MKTS 23,492 27,811
    1,698 SH BNY MELLON INTL STK 38,307 41,528
    967 SH BNY MELLON NATURAL RES 26,668 30,995
    518 SH BNY MELLON SM/MD CAP GW 18,743 20,155
    271 SH BNY MELLON WORLDWIDE GW 16,570 17,617
    938 SH DELAWARE SMALL CAP GROW 17,427 16,645
    501 SH DELAWARE SMID CAP G FUN 29,895 32,368
    2,713 SH HARTFORD SCHRODERS 26,598 26,753
    161 SH JPMORGAN UNDSC MNGR BEH 7,653 10,297
    245 SH MS INSIGHT I 20,075 22,478
    183 SH MSIF GROWTH I 14,866 16,694
    641 SH POLEN GROWTH INSTITUTIO 26,781 29,412
    2,688 SH VOYA STRAT INC OPP FD 26,564 27,124
    5,592,600 SH MICRO-MECHANICS 609,832 11,415,322

    TY 2020 OtherDecreasesSchedule
    Name:
    THE BORCH FOUNDATION
    EIN:
    20-8777443
    Description Amount
    IN-KIND STOCK DONATION - DIFFERENCE 5,442,056
    LOSS FROM CURRENCY TRANSLATION 4,520


    TY 2020 OtherExpensesSchedule
    Name:
    THE BORCH FOUNDATION
    EIN:
    20-8777443
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK FEE 396 396    
    STATE FILING FEE 75     75
    FTB FEE 10     10


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE BORCH FOUNDATION
    EIN:
    20-8777443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 10,096 10,096    


    TY 2020 TaxesSchedule
    Name:
    THE BORCH FOUNDATION
    EIN:
    20-8777443
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 9,246      
    FOREIGN TAX PAID 16 16