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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
IBM INTERNATIONAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)CO IBM TAX DEPT NORTH CASTLE DRIV
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ARMONK, NY10504
A Employer identification number

13-3267906
B Telephone number (see instructions)

(919) 499-4690
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$379,735,895J 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) 7,935,965
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,148 2,148  
4 Dividends and interest from securities... 6,852,791 6,837,363  
5a Gross rents............   2,343  
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 22,884,342
b Gross sales price for all assets on line 6a 59,140,000
7 Capital gain net income (from Part IV, line 2)... 43,206,755
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)....... Click to see attachment 0 424,453  
12 Total. Add lines 1 through 11........ 37,675,246 50,473,062  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 6,176,265 315,479   6,589,854
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 645,359 0   0
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 43,544 431,994   29,850
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,865,168 747,473   6,619,704
25 Contributions, gifts, grants paid....... 12,030,324 12,050,120
26 Total expenses and disbursements. Add lines 24 and 25 18,895,492 747,473   18,669,824
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 18,779,754
b Net investment income (if negative, enter -0-) 49,725,589
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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......... 48,363 1,823,404 1,823,404
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet2,564,457
Less: allowance for doubtful accounts bullet     2,564,457 2,564,457
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)....... 350,889,961 Click to see attachment375,348,034 375,348,034
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) 350,938,324 379,735,895 379,735,895
Liabilities 17 Accounts payable and accrued expenses.......... 2,194,721 1,494,384
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)......... 2,194,721 1,494,384
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........ 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 348,743,603 378,241,511
29 Total net assets or fund balances (see instructions)..... 348,743,603 378,241,511
30 Total liabilities and net assets/fund balances (see instructions). 350,938,324 379,735,895
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
348,743,603
2
Enter amount from Part I, line 27a .....................
2
18,779,754
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
10,718,154
4
Add lines 1, 2, and 3 ..........................
4
378,241,511
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
378,241,511
Form 990-PF (2021)
Form 990-PF (2021)
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 SECURITIES P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 79,462,413   36,255,658 43,206,755
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       43,206,755
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 43,206,755
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 691,186
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- ..... 5 691,186
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 845,352
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 210,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,055,352
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 10 364,166
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet364,166 RefundedBullet 11 0
Part VI-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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletNY, DE
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletIBM INTERNATIONAL FOUNDATION Telephone no.bullet (919) 499-4690

    Located atbulletNEW ORCHARD ROADARMONKNY ZIP+4bullet10504
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    ARVIND KRISHNA CHAIRMAN, DIRECTOR
    1.00     		0 0 0
    NEW ORCHARD ROAD
    ARMONK,NY10504
    JUSTINA NIXON-SAINTIL DIRECTOR, PRESIDENT & VICE CHAIR
    10.00     		0 0 0
    NEW ORCHARD ROAD
    ARMONK,NY10504
    SIMON J BEAUMONT TREASURER
    1.00     		0 0 0
    NEW ORCHARD ROAD
    ARMONK,NY10504
    KATHLEEN MCDONALD CONTROLLER
    1.00     		0 0 0
    NEW ORCHARD ROAD
    ARMONK,NY10504
    FRANK SEDLARCIK SECRETARY
    1.00     		0 0 0
    NEW ORCHARD ROAD
    ARMONK,NY10504
    STEPHEN LETT ASSISTANT CONTROLLER
    1.00     		0 0 0
    NEW ORCHARD ROAD
    ARMONK,NY10504
    MARK HOBBERT ASSISTANT TREASURER
    1.00     		0 0 0
    NEW ORCHARD ROAD
    ARMONK,NY10504
    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...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    EXPERIS US INC CONSULTING 4,277,717
    29973 NETWORK PLACE
    CHICAGO,IL60673
    STATE STREET BANK & TRUST CO INVESTMENT MANAGEMENT 315,479
    1 LINCOLN ST
    BOSTON,MA02111
    IBM CORPORATION TECHNICAL SUPPORT 211,556
    NEW ORCHARD ROAD
    ARMONK,NY10504
    GENERAL ASSEMBLY TECHNOLOGY TRAINING 194,310
    915 BROADWAY 3RD FLOOR
    NEW YORK,NY10010
    KPMG LLP CONSULTING 158,000
    345 PARK AVENUE
    NEW YORK,NY10154
    Total number of others receiving over $50,000 for professional services.............bullet5
    Part VIII-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 THE IBM INTERNATIONAL FOUNDATION PROVIDED EDUCATIONAL AND SKILLS PROGRAMS TO FOCUS ON SKILLS NEEDED FOR 21ST CENTURY JOBS THROUGH THE FOLLOWING PROGRAMS:P-TECH IS A GROUND BREAKING EDUCATION MODEL WHICH COMBINES PUBLIC HIGH SCHOOL AND NO-COST COMMUNITY COLLEGE WITH PREPARATION FOR "NEW COLLAR" JOBS. P-TECH STUDENTS, PRIMARILY FROM UNDER-SERVED BACKGROUNDS, GRADUATE WITH A NO-COST ASSOCIATE DEGREE, ALONG WITH WORKPLACE EXPERIENCES INCLUDING MENTORSHIPS.SKILLSBUILD OFFERS FREE LEARNING, SUPPORT, AND RESOURCES FROM SECONDARY EDUCATION (STUDENTS AGED 13-18) TO ADULTS SEEKING ENTRY-LEVEL EMPLOYMENT. SKILLSBUILD PROVIDES SKILLS FOR ENTRY-LEVEL TECH JOBS. 4,472,026
    2  
    3  
    4  
    Part VIII-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.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    357,934,602
    b
    Average of monthly cash balances.......................
    1b
    5,083,874
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    363,018,476
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    363,018,476
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    5,445,277
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    357,573,199
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    17,878,660
    Part X
    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 IX, line 6..................
    1
    17,878,660
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    691,186
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    691,186
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    17,187,474
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    19,795
    5
    Add lines 3 and 4............................
    5
    17,207,269
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    17,207,269
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 17,207,269
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 9,393,278
    b From 2017...... 9,250,280
    c From 2018...... 6,940,040
    d From 2019...... 2,208,187
    e From 2020...... 8,983,619
    f Total of lines 3a through e ........ 36,775,404
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 18,669,824
    a Applied to 2020, 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 2021 distributable amount..... 17,207,269
    e Remaining amount distributed out of corpus 1,462,555
    5 Excess distributions carryover applied to 2021. 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 38,237,959
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		9,393,278
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		28,844,681
    10 Analysis of line 9:
    a Excess from 2017.... 9,250,280
    b Excess from 2018.... 6,940,040
    c Excess from 2019.... 2,208,187
    d Excess from 2020.... 8,983,619
    e Excess from 2021.... 1,462,555
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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
    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 (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    AMERICAN CANCER SOCIETY
    3380 CHASTAIN MEADOWS PARKWAY SUITE
    200
    KENNESAW,GA30144     		  PC SUPPORT CANCER CARE AND RESEARCH 80,000
    ASBURY PARK PUBLIC LIBRARY
    500 FIRST AVE
    ASBURY PARK,NJ077126117     		  GOV EMPLOYEE MATCHING GRANT 25
    BAYLOR COUNTY FREE LIBRARY
    109 N WASHINGTON ST
    SEYMOUR,TX76380     		  PC EMPLOYEE MATCHING GRANT 1,000
    BENNETT COLLEGE
    900 E WASHINGTON ST
    GREENSBORO,NC27401     		  PC EMPLOYEE MATCHING GRANT 1,930
    CHILD DEVELOPMENT CENTER
    3802 PRINCESS PLACE DR
    WILMINGTON,NC284053226     		  PC EMPLOYEE MATCHING GRANT 350
    CHORAL ARTS SOCIETY OF WASHINGTON
    1666 CONNECTICUT AVENUE NW STE 525
    WASHINGTON,DC20009     		  PC EMPLOYEE MATCHING GRANT 1,074
    COLLEGE OF ST ELIZABETH
    2 CONVENT RD
    MORRISTOWN,NJ07960     		  PC EMPLOYEE MATCHING GRANT 900
    COMMUNITY FOUNDATION FOR CENTRAL SAVANNAH RIVER AREA
    720 SAINT SEBASTIAN WAY STE 160
    AUGUSTA,GA30904     		  PC SUPPORT INITIATIVES IN THE LANEY WALKER AREA OF AUGUSTA 2,500,000
    ELSA ENGLAND ELEMENTARY PTA
    8801 PEARSON RANCH RD
    AUSTIN,TX78717     		  PC EMPLOYEE MATCHING GRANT 25
    EPIPHANY SCHOOL FOUNDATION
    234 EAST 22ND ST
    NEW YORK,NY100105601     		  SO III NFI EMPLOYEE MATCHING GRANT 100
    EVEREST PUBLIC HIGH SCHOOL
    455 5TH AVENUE
    REDWOOD CITY,CA940633727     		  GOV EMPLOYEE MATCHING GRANT 1,000
    FORT SMITH MUSEUM OF HISTORY
    320 ROGERS AVE
    FORT SMITH,AR729011937     		  PC EMPLOYEE MATCHING GRANT 175
    FRIENDS OF NAHANT PUBLIC LIBRARY
    7 JAMES AVE
    NAHANT,MA01908     		  PC EMPLOYEE MATCHING GRANT 125
    GRACE NOTES MUSIC FDN INC
    500 COMMERCE WAY WEST STE 9
    JUPITER,FL334588844     		  PC EMPLOYEE MATCHING GRANT 1,500
    HARVARD COLLEGE
    1033 MASSACHUSETTS AVE STE 3
    CAMBRIDGE,MA021385366     		  PC EMPLOYEE MATCHING GRANT 21,087
    HOOVER-MINTHORN HOUSE MUSEUM
    PO BOX 28071
    PORTLAND,OR972288071     		  PC EMPLOYEE MATCHING GRANT 1,512
    HOWLAND CHAMBER MUSIC CIRCLE I
    PO BOX 224
    CHELSEA,NY125120224     		  PC EMPLOYEE MATCHING GRANT 2,727
    JOBS FOR THE FUTURE INC - PTECH
    50 MILK ST
    BOSTON,MA02110     		  PC SUPPORT FOR THE NEXT PHASE OF PTECH 135,000
    JOBS FOR THE FUTURE INC -SKILLBUILD
    50 MILK ST
    BOSTON,MA02110     		  PC SUPPORTING DIGITAL AND PROFESSIONAL SKILLS FOR ADULT LEARNERS 260,000
    LEECH LAKE TRIBAL COLLEGE
    6945 LITTLE WOLF RD NW
    CASS LAKE,MN56633     		  PC EMPLOYEE MATCHING GRANT 125
    LIBRARY FOUNDATION OF MARTIN COUNTY
    2351 SE MONTEREY RD
    STUART,FL34996     		  PC EMPLOYEE MATCHING GRANT 50
    MADISON SQUARE BOYS & GIRLS CLUB
    250 BRADHURST AVENUE
    NEW YORK,NY10039     		  PC SUPPORTING BOYS & GIRLS CLUB ACADEMIC INITIATIVES 25,000
    MADISON SYMPHONY ORCHESTRA
    222 WEST WASHINGTON AVE STE 460
    MADISON,WI537032744     		  PC EMPLOYEE MATCHING GRANT 25
    MAGIS AMERICAS
    1016 16TH ST NW SUITE 400
    WASHINGTON,DC20036     		  PC SUPPORTING THE EXPANSION OF P-TECH IN LATIN AMERICA 50,000
    MARIETTACOBB MUSEUM OF ART
    30 ATLANTA STREET
    MARIETTA,GA30060     		  PC EMPLOYEE MATCHING GRANT 20
    MASTERS SCHOOL
    49 CLINTON AVE
    DOBBS FERRY,NY105222201     		  PC EMPLOYEE MATCHING GRANT 400
    METROLINA REGIONAL SCHOLARS AC
    5225-77 CENTER DR
    CHARLOTTE,NC282170708     		  PC EMPLOYEE MATCHING GRANT 150
    MONTEFIORE MEDICAL CENTER
    111 E 210 TH ST
    BRONX,NY10467     		  PC EMPLOYEE MATCHING GRANT 675
    NATHAN B STUBBLEFIELD FOUNDATION
    1210 E DR MARTIN LUTHER KING JR BLV
    TAMPA,FL33603     		  PC EMPLOYEE MATCHING GRANT 684
    NEW CANAAN COUNTRY SCHOOL
    635 FROGTOWN ROAD
    NEW CANAAN,CT06840     		  PC EMPLOYEE MATCHING GRANT 50
    PAJARO VALLEY ARTS COUNCIL
    37 SUDDEN ST
    WATSONVILLE,CA950764322     		  PC EMPLOYEE MATCHING GRANT 2,500
    PUBLIC POLICY INSTITUTE OF NEW YORK STATE INC
    152 WASHINGTON AVENUE
    ALBANY,NY12210     		  PC SUPPORT FOR NY PTECH SCHOOLS 135,000
    REGIS UNIVERSITY
    3333 REGIS BOULEVARD
    DENVER,CO802211099     		  PC EMPLOYEE MATCHING GRANT 1,813
    RHODE ISLAND COLLEGE FOUNDATION
    600 MOUNT PLEASANT AVENUE
    PROVIDENCE,RI02908     		  PC EMPLOYEE MATCHING GRANT 38
    RIVERSIDE CHORAL SOCIETY
    2585 BROADWAY 244
    NEW YORK,NY10025     		  PC EMPLOYEE MATCHING GRANT 500
    ROCKY MOUNTAIN WILD INC
    1536 WYNKOOP ST SUITE 900
    DENVER,CO80202     		  PC EMPLOYEE MATCHING GRANT 300
    SMITHSONIAN INSTITUTION - NATIONAL MUSEUM OF AFRICAN AMERICAN HISTORY AND C
    1400 CONSTITUTION AVENUE NW MRC
    1405
    WASHINGTON,DC20560     		  PC SUPPORT TO PROVIDE AFRICAN AMERICAN HISTORY EDUCATION 200,000
    SPALDING UNIVERSITY
    845 SOUTH THIRD STREET
    LOUISVILLE,KY40203     		  PC EMPLOYEE MATCHING GRANT 500
    ST PETER'S CATHOLIC SCHOOL
    243 WEST ARGONNE DRIVE
    KIRKWOOD,MO63122     		  PC EMPLOYEE MATCHING GRANT 1,250
    STAMFORD HOSPITAL
    ONE HOSPITAL PLAZA
    STAMFORD,CT06902     		  PC EMPLOYEE MATCHING GRANT 1,663
    THE BLACKBAUD GIVING FUND
    65 FAIRCHILD STREET
    CHARLESTON,SC29492     		  PC EMPLOYEE MATCHING GRANT 7,580,025
    THE MUSEUM OF MODERN ART
    11 WEST 53RD STREET
    NEW YORK,NY10019     		  PC PROGRAMS AND ACTIVITIES 25,000
    THEATRE DOWNTOWN INC
    4018 ARGYLE TERRACE NW
    WASHINGTON,DC200115301     		  PC EMPLOYEE MATCHING GRANT 250
    TRINITY COLLEGE
    125 MICHIGAN AVE NE
    WASHINGTON,DC20017     		  PC EMPLOYEE MATCHING GRANT 119
    TRI-STATE PUBLIC COMMUNICATION
    67 MAIN STREET
    SHARON,CT06069     		  PC EMPLOYEE MATCHING GRANT 100
    TRUSTEES OF RESERVATIONS
    200 HIGH STREET 4TH FLOOR
    BOSTON,MA02110     		  PC EMPLOYEE MATCHING GRANT 2,143
    TUCSON JUNIOR STRINGS SOCIETY
    PO BOX 32425
    TUCSON,AZ85751     		  PC EMPLOYEE MATCHING GRANT 3,600
    ULSTER COUNTY BALLET GUILD
    PO BOX 565
    SAUGERTIES,NY124770565     		  PC EMPLOYEE MATCHING GRANT 600
    UNCF
    80 PINE STREET 9TH FLOOR
    NEW YORK,NY10005     		  PC SUPPORTING UNCF PROGRAMS 7,000
    UNIV OF MO AT KANSAS CITY
    5115 OAK STREET AC 202
    KANSAS CITY,MO64112     		  PC EMPLOYEE MATCHING GRANT 550
    US INDIA FRIENDSHIP ALLIANCE INC
    303 FIFTH AVENUE
    NEW YORK,NY10016     		  PC SUPPORTING INDIA WITH OXYGEN CONCENTRATORS DURING COVID EPIDEMIC 1,000,000
    VALLEY LUTHERAN SCHOOL
    4520 ROWND ST
    CEDAR FALLS,IA506137924     		  PC EMPLOYEE MATCHING GRANT 1,000
    VNS OF NY HOSPICE PROGRAM
    107 EAST 70TH ST
    NEW YORK,NY10021     		  PC EMPLOYEE MATCHING GRANT 25
    WESTMINSTER THEOLOGICAL SEMINARY
    2960 CHURCH ROAD
    GLENSIDE,PA190382000     		  PC EMPLOYEE MATCHING GRANT 50
    WESTOVER SCHOOL
    1237 WHITTEMORE RD
    MIDDLEBURY,CT067620847     		  PC EMPLOYEE MATCHING GRANT 385
    Total .................................bullet 3a 12,050,120
    bApproved for future payment
    JOBS FOR THE FUTURE INC - PTECH
    50 MILK ST
    BOSTON,MA02110     		  PC SUPPORT FOR THE NEXT PHASE OF PTECH 315,000
    JOBS FOR THE FUTURE INC - SKILLBUILD
    50 MILK ST
    BOSTON,MA02110     		  PC SUPPORTING DIGITAL AND PROFESSIONAL SKILLS FOR ADULT LEARNERS 610,000
    MAGIS AMERICAS
    1016 16TH ST NW SUITE 400
    WASHINGTON,DC20036     		  PC SUPPORTING THE EXPANSION OF P-TECH IN LATIN AMERICA 50,000
    SMITHSONIAN INSTITUTION - NATIONAL MUSEUM OF AFRICAN AMERICAN HISTORY AND C
    1400 CONSTITUTION AVENUE NW MRC
    1405
    WASHINGTON,DC20560     		  PC SUPPORT TO PROVIDE EDUCATION ON AFRICAN AMERICAN HISTORY 800,000
    Total .................................bullet 3b 1,775,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 2,148  
    4 Dividends and interest from securities ....          
    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 22,884,342  
    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 29,739,281 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    29,739,281
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    Name of the organization
    IBM INTERNATIONAL FOUNDATION
     
    Employer identification number

    13-3267906
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    IBM INTERNATIONAL FOUNDATION
          		Employer identification number
    13-3267906
    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
    IBM CORPORATION
     
    NEW ORCHARD ROAD
     
    ARMONK, NY10504

    		$ 7,935,965


    (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.)
    (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) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    IBM INTERNATIONAL FOUNDATION
          		Employer identification number

    13-3267906
    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) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    IBM INTERNATIONAL FOUNDATION
          		Employer identification number

    13-3267906
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    IBM INTERNATIONAL FOUNDATION
    EIN:
    13-3267906
    Name of Stock End of Year Book Value End of Year Fair Market Value
    COMMON TRUST FUNDS 375,348,034 375,348,034

    TY 2021 OtherExpensesSchedule
    Name:
    IBM INTERNATIONAL FOUNDATION
    EIN:
    13-3267906
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEMBERSHIPS & DUES 2,709 0   0
    OTHER PSHIP DEDUCTIONS 0 431,994   0
    MATCHING GIFT CC FEES 40,820 0   29,850
    BANKING FEES 15 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    IBM INTERNATIONAL FOUNDATION
    EIN:
    13-3267906
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER PSHIP INCOME 0 424,453 0


    TY 2021 OtherIncreasesSchedule
    Name:
    IBM INTERNATIONAL FOUNDATION
    EIN:
    13-3267906
    Description Amount
    UNREALIZED GAINS 10,718,154


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    IBM INTERNATIONAL FOUNDATION
    EIN:
    13-3267906
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING 5,860,786 0   6,589,854
    INVESTMENT MANAGEMENT 315,479 315,479   0


    TY 2021 TaxesSchedule
    Name:
    IBM INTERNATIONAL FOUNDATION
    EIN:
    13-3267906
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL NET INVESTMENT INCOME TAX 643,859 0   0
    STATE CHARITABLE REGISTRATION FEE 1,500 0   0