TY 2020 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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
NOVARTIS US FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)ONE HEALTH PLAZA
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
EAST HANOVER, NJ07936

A Employer identification number

13-6193034

B Telephone number (see instructions)

(908) 766-9800

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$30,754,480J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)	1,000,000
2	Check .............
3	Interest on savings and temporary cash investments	4,381		4,381	4,381
4	Dividends and interest from securities...	570,409		570,409	570,409
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		6,809,220
b	Gross sales price for all assets on line 6a 12,689,223
7	Capital gain net income (from Part IV, line 2)...			6,809,220
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........	8,384,010		7,384,010	574,790
13	Compensation of officers, directors, trustees, etc.	0		0	0	0
14	Other employee salaries and wages......
15	Pension plans, employee benefits.......
16a	Legal fees (attach schedule).........
b	Accounting fees (attach schedule).......		11,220	0	0	0
c	Other professional fees (attach schedule)....		158,700	0	0	0
17	Interest...............
18	Taxes (attach schedule) (see instructions)...		102,543	0	0	0
19	Depreciation (attach schedule) and depletion...
20	Occupancy..............
21	Travel, conferences, and meetings.......
22	Printing and publications..........
23	Other expenses (attach schedule).......		373,606	6,814	0	0
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	646,069		6,814	0	0
25	Contributions, gifts, grants paid.......	16,439,862				11,842,297
26	Total expenses and disbursements. Add lines 24 and 25	17,085,931		6,814	0	11,842,297
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-8,701,921
b	Net investment income (if negative, enter -0-)			7,377,196
c	Adjusted net income (if negative, enter -0-)...				574,790

For Paperwork Reduction Act Notice, see instructions.

Cat. No. 11289X Form 990-PF (2020)

Form 990-PF (2020)

Page 2

Part II		Balance Sheets	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	991,459	1,245,805	1,245,805
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	14,801
	10a	Investments—U.S. and state government obligations (attach schedule)
	b	Investments—corporate stock (attach schedule).......	15,799,773	10,795,689	29,473,539
	c	Investments—corporate bonds (attach schedule).......
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	44,654	35,136	35,136
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	16,850,687	12,076,630	30,754,480
	17	Accounts payable and accrued expenses..........	792,667	824,994
	18	Grants payable.................		3,897,607
	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 )	3,613	1,543
	23	Total liabilities (add lines 17 through 22).........	796,280	4,724,144
		Foundations that follow FASB ASC 958, check here
		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
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........	0	0
	27	Paid-in or capital surplus, or land, bldg., and equipment fund	0	0
	28	Retained earnings, accumulated income, endowment, or other funds	16,054,407	7,352,486
	29	Total net assets or fund balances (see instructions).....	16,054,407	7,352,486
	30	Total liabilities and net assets/fund balances (see instructions).	16,850,687	12,076,630

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

16,054,407

Enter amount from Part I, line 27a .....................

-8,701,921

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

7,352,486

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

7,352,486

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	NORTHERN TRUST SUMMARY	P	2020-01-01	2020-12-31
b	NORTHERN TRUST SUMMARY	P	2010-01-01	2020-12-31
c	NORTHERN TRUST SUMMARY	P	2020-01-01	2020-12-31
d	CAPITAL GAINS DIVIDENDS	P
e

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	824,219	789,302	34,917
b	11,559,494	5,090,701	6,468,793
c	129,961		129,961
d	175,549		175,549
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			34,917
b			6,468,793
c			129,961
d			175,549
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	6,809,220
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 ...................		3	164,878

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

Reserved...........................

Reserved,..........................

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)
b	Reserved................................	1	102,543
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	0
3	Add lines 1 and 2...........................	3	102,543
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	102,543
6	Credits/Payments:

a	2020 estimated tax payments and 2019 overpayment credited to 2020	6a	101,000
b	Exempt foreign organizations—tax withheld at source......	6b	0
c	Tax paid with application for extension of time to file (Form 8868)...	6c	1,600
d	Backup withholding erroneously withheld ...........	6d	0

7	Total credits and payments. Add lines 6a through 6d..............		7	102,600
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	16
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	41
11	Enter the amount of line 10 to be: Credited to 2021 estimated tax41	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation. bullet

$ 0(2) On foundation managers. bullet

$ 0

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2020)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

HTTPS://WWW.NOVARTISFOUNDATION.ORG/

The books are in care of bullet

PRAGER METIS CPAS LLC Telephone no. bullet

(908) 766-9800

Located at bullet

222 MOUNT AIRY ROADBASKING RIDGENJ ZIP+4 bullet

07920

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2020)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
TRACY FUREY	PRESIDENT/TRUSTEE 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	PRESIDENT/TRUSTEE 0.00	0	0	0
DAVID HELLMUTH	SECRETARY 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	SECRETARY 0.00	0	0	0
KATHERINE VAZQUEZ	TREASURER/TRUSTEE 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	TREASURER/TRUSTEE 0.00	0	0	0
STEPHEN PETTY	ASSISTANT TREASURER 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	ASSISTANT TREASURER 0.00	0	0	0
ASHLEY ATKINS	MANAGER 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	MANAGER 0.00	0	0	0
LUCIA AURELLO	MANAGER 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	MANAGER 0.00	0	0	0
HAYLEY RAZLOZNIK	MANAGER 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	MANAGER 0.00	0	0	0
THOMAS KENDRIS	CHAIRMAN 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	CHAIRMAN 0.00	0	0	0
CANDIE PHIPPS	TRUSTEE 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	TRUSTEE 0.00	0	0	0
MARYLYNN SAURO	TRUSTEE 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	TRUSTEE 0.00	0	0	0
DAVID SIMPSON	ASSISTANT TREASURER 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	ASSISTANT TREASURER 0.00	0	0	0
BRYANT AARON	TRUSTEE 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	TRUSTEE 0.00	0	0	0
CHRISTIAN KLEE	TRUSTEE 0.00	0	0	0
ONE HEALTH PLAZA EAST HANOVER,NJ07936	TRUSTEE 0.00	0	0	0

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
NONE









Total number of other employees paid over $50,000...................				0

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
NONE

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)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

31,031,315

Average of monthly cash balances.......................

1,235,599

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

32,266,914

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

32,266,914

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

484,004

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

31,782,910

Minimum investment return. Enter 5% of line 5..................

1,589,146

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.)

Minimum investment return from Part X, line 6....................

1,589,146

Tax on investment income for 2020 from Part VI, line 5......

102,543

Income tax for 2020. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

102,543

Distributable amount before adjustments. Subtract line 2c from line 1............

1,486,603

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

1,486,603

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

1,486,603

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

11,842,297

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

11,842,297

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.................

Adjusted qualifying distributions. Subtract line 5 from line 4..............

11,842,297

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)

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					1,486,603
2 Undistributed income, if any, as of the end of 2020:
a Enter amount for 2019 only.......				0
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2020:
a From 2015......	267,798
b From 2016......
c From 2017......	378,554
d From 2018......	337,113
e From 2019......	1,075,556
fTotal of lines 3a through e........		2,059,021
4Qualifying distributions for 2020 from Part
XII, line 4: $ 11,842,297
a Applied to 2019, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2020 distributable amount.....					1,486,603
e Remaining amount distributed out of corpus		10,355,694
5 Excess distributions carryover applied to 2020.		0			0
(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		12,414,715
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......			0
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) .......		0
8 Excess distributions carryover from 2015 not applied on line 5 or line 7 (see instructions) ...		267,798
9Excess distributions carryover to 2021. Subtract lines 7 and 8 from line 6a ......		12,146,917
10 Analysis of line 9:
a Excess from 2016....
b Excess from 2017....	378,554
c Excess from 2018....	337,113
d Excess from 2019....	1,075,556
e Excess from 2020....	10,355,694

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

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).)

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

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)

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHARITIES AID FOUNDATION AMERICA 225 REINEKERS LANE SUITE 375 ALEXANDRIA,VA22314		NC	GENERAL PURPOSE	5,875,609
MATCHING GIFTS 1 HEALTH PLAZA EAST HANOVER,NJ07936		NC	MATCHING GIFT PROGRAMS ARE TO SUPPORT EDUCATIONAL TAX EXEMPT 501(C)(3) ORGANIZATIONS OR SCHOOLS WITH AVALID NCES CODE. AREAS OF ELIGIBLE ORGANIZATIONS INCLUDE BUT ARE NOT LIMITED TO HEALTH AND HUMAN SERVICES,EDUCATION, ARTS AND CULTURE, ENVIRONMENT, ANIMAL WELFARE, AND CIVIC AND COMMUNITY.	2,578,041
NATIONAL MERIT SCHOLARSHIP CORP 1560 SHERMAN AVENUE SUITE 200 EVANSTON,IL60201		NC	2020-2021 ACADEMIC YEAR SCHOLARSHIP	163,611
CYBERGRANTS SPV LLC 300 BRICKSTONE SUITE 600 ANDOVER,MA01810		NC	GENERAL PURPOSE	573,758
THE COMMONS PROJECT FOUNDATION 420 FIFTH AVE 19TH FL NEW YORK,NY10018		NC	CORONAVIRUS HEALTH CHECK	250,000
INSTITUTE FOR HEALTHCARE IMPROVEMENT 53 STATE STREET BOSTON,MA02109		NC	SUPPORT HEALTHCARE IMPROVEMENT	723,320
NEW JERSEY PRIMARY CARE ASSOCATION 3836 QUAKERBRIDGE ROAD 201 TRENTON,NJ08619		NC	SUPPORT TELEHEALTH INNOVATIONS	984,200
STUDENTS 2 SCIENCE 66 DEFOREST AVENUE EAST HANOVER,NJ07936		NC	SUPPORT ADVANCING STEM EDUCATION AND URBAN COMMUNITY DEVELOPMENT IN ORANGE AND EAST ORANGE PUBLIC SCHOOLS	150,000
HEALTH RESEARCH AND EDUCATIONAL TRUST AMERICAN HOSPITAL ASSOCIATION 155 N WACKER DR CHICAGO,IL60606		NC	SUPPORT THE AMERICA HOSPITAL ASSOCIATION'S HOSPITAL COMMUNITY COOPERATIVE 2.0	543,758
Total ................................. 3a				11,842,297

bApproved for future payment
DIRECT RELIEF 6100 WALLACE BECKNELL ROAD SANTA BARBARA,CA93117	NC	SUPPORT THE FUND FOR HEALTH EQUITY	250,000
STUDENTS 2 SCIENCE 66 DEFOREST AVENUE EAST HANOVER,NJ07936	NC	SUPPORT ADVANCING STEM EDUCATION AND URBAN COMMUNITY DEVELOPMENT IN ORANGE AND EAST ORANGE PUBLIC SCHOOLS	150,000
NEW JERSEY PRIMARY CARE ASSOCATION 3836 QUAKERBRIDGE ROAD 201 TRENTON,NJ08619	NC	SUPPORT TELEHEALTH INNOVATION GRANT PROGRAM	987,200
CDC FOUNDATION 600 PEACHTREE STREET NE SUITE 1000 ATLANTA,GA30308	NC	SUPPORT SICKLE CELL DATA COLLECTION (SCDC) PROGRAM	442,994
HEALTH RESEARCH AND EDUCATIONAL TRUST AMERICAN HOSPITAL ASSOCIATION 155 N WACKER DR CHICAGO,IL60606	NC	SUPPORT THE AMERICA HOSPITAL ASSOCIATION'S HOSPITAL COMMUNITY COOPERATIVE 2.0	1,217,413
TRENTON HEALTH TEAM ONE WEST STATE STREET 4TH FLOOR TRENTON,NJ08608	NC	IMPROVING HEALTH OUTCOMES IN TRENTON THROUGH DATA AND ANALYTICS	100,000
HABITAT FOR HUMANITY INTERNATIONAL 322 WEST LAMAR STREET AMERICUS,GA31709	NC	GENERAL SUPPORT FOR ITS US PROGRAM	250,000
NATIONAL URBAN LEAGUE 80 PINE STREET 9TH FLOOR NEW YORK,NY10005	NC	GENERAL OPERATING SUPPORT	250,000
THURGOOD MARSHALL COLLEGE FUND 322 WEST LAMAR STREET AMERICUS,GA31709	NC	GENERAL OPERATING - SCHOLARSHIP PROGRAM FOR STEM STUDENTS	250,000
MATCHING GIFTS 1 HEALTH PLAZA EAST HANOVER,NJ07936	NC	MATCHING GIFT PROGRAMS ARE TO SUPPORT EDUCATIONAL TAX EXEMPT 501(C)(3) ORGANIZATIONS OR SCHOOLS WITH AVALID NCES CODE. AREAS OF ELIGIBLE ORGANIZATIONS INCLUDE BUT ARE NOT LIMITED TO HEALTH AND HUMAN SERVICES,EDUCATION, ARTS AND CULTURE, ENVIRONMENT, ANIMAL WELFARE, AND CIVIC AND COMMUNITY.	699,958
Total ................................. 3b			4,597,565

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	(e) Related or exempt function income (See instructions.)
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	4,381
4 Dividends and interest from securities....			14	570,409
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	6,809,220
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)..		0		7,384,010	0

13Total. Add line 12, columns (b), (d), and (e)..................

7,384,010

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2020)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

Form 990PF Part XV Line 3 - Grants and Contributions Paid During the Year or Approved for Future Payment

Recipient	Foundation status of recipient	Purpose of grant or contribution	Amount
Name and address (home or business)	Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHARITIES AID FOUNDATION AMERICA225 REINEKERS LANE SUITE 375 ALEXANDRIA,VA22314	NC	GENERAL PURPOSE	5,875,609
MATCHING GIFTS1 HEALTH PLAZA EAST HANOVER,NJ07936	NC	MATCHING GIFT PROGRAMS ARE TO SUPPORT EDUCATIONAL TAX EXEMPT 501(C)(3) ORGANIZATIONS OR SCHOOLS WITH AVALID NCES CODE. AREAS OF ELIGIBLE ORGANIZATIONS INCLUDE BUT ARE NOT LIMITED TO HEALTH AND HUMAN SERVICES,EDUCATION, ARTS AND CULTURE, ENVIRONMENT, ANIMAL WELFARE, AND CIVIC AND COMMUNITY.	2,578,041
NATIONAL MERIT SCHOLARSHIP CORP1560 SHERMAN AVENUE SUITE 200 EVANSTON,IL60201	NC	2020-2021 ACADEMIC YEAR SCHOLARSHIP	163,611
CYBERGRANTS SPV LLC300 BRICKSTONE SUITE 600 ANDOVER,MA01810	NC	GENERAL PURPOSE	573,758
THE COMMONS PROJECT FOUNDATION420 FIFTH AVE 19TH FL NEW YORK,NY10018	NC	CORONAVIRUS HEALTH CHECK	250,000
INSTITUTE FOR HEALTHCARE IMPROVEMENT53 STATE STREET BOSTON,MA02109	NC	SUPPORT HEALTHCARE IMPROVEMENT	723,320
NEW JERSEY PRIMARY CARE ASSOCATION3836 QUAKERBRIDGE ROAD 201 TRENTON,NJ08619	NC	SUPPORT TELEHEALTH INNOVATIONS	984,200
STUDENTS 2 SCIENCE66 DEFOREST AVENUE EAST HANOVER,NJ07936	NC	SUPPORT ADVANCING STEM EDUCATION AND URBAN COMMUNITY DEVELOPMENT IN ORANGE AND EAST ORANGE PUBLIC SCHOOLS	150,000
HEALTH RESEARCH AND EDUCATIONAL TRUST AMERICAN HOSPITAL ASSOCIATION155 N WACKER DR CHICAGO,IL60606	NC	SUPPORT THE AMERICA HOSPITAL ASSOCIATION'S HOSPITAL COMMUNITY COOPERATIVE 2.0	543,758
Total ............................... 3a			11,842,297
bApproved for future payment
DIRECT RELIEF6100 WALLACE BECKNELL ROAD SANTA BARBARA,CA93117	NC	SUPPORT THE FUND FOR HEALTH EQUITY	250,000
STUDENTS 2 SCIENCE66 DEFOREST AVENUE EAST HANOVER,NJ07936	NC	SUPPORT ADVANCING STEM EDUCATION AND URBAN COMMUNITY DEVELOPMENT IN ORANGE AND EAST ORANGE PUBLIC SCHOOLS	150,000
NEW JERSEY PRIMARY CARE ASSOCATION3836 QUAKERBRIDGE ROAD 201 TRENTON,NJ08619	NC	SUPPORT TELEHEALTH INNOVATION GRANT PROGRAM	987,200
CDC FOUNDATION600 PEACHTREE STREET NE SUITE 1000 ATLANTA,GA30308	NC	SUPPORT SICKLE CELL DATA COLLECTION (SCDC) PROGRAM	442,994
HEALTH RESEARCH AND EDUCATIONAL TRUST AMERICAN HOSPITAL ASSOCIATION155 N WACKER DR CHICAGO,IL60606	NC	SUPPORT THE AMERICA HOSPITAL ASSOCIATION'S HOSPITAL COMMUNITY COOPERATIVE 2.0	1,217,413
TRENTON HEALTH TEAMONE WEST STATE STREET 4TH FLOOR TRENTON,NJ08608	NC	IMPROVING HEALTH OUTCOMES IN TRENTON THROUGH DATA AND ANALYTICS	100,000
HABITAT FOR HUMANITY INTERNATIONAL322 WEST LAMAR STREET AMERICUS,GA31709	NC	GENERAL SUPPORT FOR ITS US PROGRAM	250,000
NATIONAL URBAN LEAGUE80 PINE STREET 9TH FLOOR NEW YORK,NY10005	NC	GENERAL OPERATING SUPPORT	250,000
THURGOOD MARSHALL COLLEGE FUND322 WEST LAMAR STREET AMERICUS,GA31709	NC	GENERAL OPERATING - SCHOLARSHIP PROGRAM FOR STEM STUDENTS	250,000
MATCHING GIFTS1 HEALTH PLAZA EAST HANOVER,NJ07936	NC	MATCHING GIFT PROGRAMS ARE TO SUPPORT EDUCATIONAL TAX EXEMPT 501(C)(3) ORGANIZATIONS OR SCHOOLS WITH AVALID NCES CODE. AREAS OF ELIGIBLE ORGANIZATIONS INCLUDE BUT ARE NOT LIMITED TO HEALTH AND HUMAN SERVICES,EDUCATION, ARTS AND CULTURE, ENVIRONMENT, ANIMAL WELFARE, AND CIVIC AND COMMUNITY.	699,958
Total ................................ 3b			4,597,565

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2020

Name of the organization

NOVARTIS US FOUNDATION

Employer identification number

13-6193034

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

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

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.

Special Rules

For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.

For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... 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 NOVARTIS US FOUNDATION

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	NOVARTIS CORPORATION 1 HEALTH PLAZA EAST HANOVER, NJ07936	$ 1,000,000	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II for noncash contributions.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Total contributions	(d) Type of contribution
		$	Person Payroll Noncash (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 NOVARTIS US FOUNDATION		Employer identification number 13-6193034

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
		$
(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 NOVARTIS US FOUNDATION			Employer identification number 13-6193034
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.) $ Use duplicate copies of Part III if additional space is needed.

(a)
No. from Part I

(b) Purpose 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

(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

(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

(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:

- TIN:

TY 2020 AccountingFeesSchedule

Name:

NOVARTIS US FOUNDATION

EIN:

13-6193034

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTING	11,220	0	0	0

- TIN:

TY 2020 InvestmentsCorpStockSchedule

Name:

NOVARTIS US FOUNDATION

EIN:

13-6193034

Name of Stock	End of Year Book Value	End of Year Fair Market Value
CORPORATE SECURITIES	10,795,689	29,473,539

- TIN:

TY 2020 OtherAssetsSchedule

Name:

NOVARTIS US FOUNDATION

EIN:

13-6193034

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
DUE FROM CORPORATE	44,654	35,136	35,136

- TIN:

TY 2020 OtherExpensesSchedule

Name:

NOVARTIS US FOUNDATION

EIN:

13-6193034

Description	Revenue and Expenses per Books	Net Investment Income
MATCHING GIFT PROCESS FEE	174,307	0
BANK CHARGES AND CUSTODY FEES	14,299	6,814
LICENSES AND FEES	775	0
ADMINISTRATIVE FEES	69,500	0
PUBLIC RELATIONS EXPENSE	114,725	0

- TIN:

TY 2020 OtherLiabilitiesSchedule

Name:

NOVARTIS US FOUNDATION

EIN:

13-6193034

Description	Beginning of Year - Book Value	End of Year - Book Value
FEDERAL TAXES PAYABLE	3,613	1,543

- TIN:

TY 2020 OtherProfessionalFeesSchedule

Name:

NOVARTIS US FOUNDATION

EIN:

13-6193034

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
CONSULTING FEES	158,700	0	0	0

- TIN:

TY 2020 TaxesSchedule

Name:

NOVARTIS US FOUNDATION

EIN:

13-6193034

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
FEDERAL EXCISE TAX	102,543	0	0	0