Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
THE ELI AND EDYTHE BROAD FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2121 AVENUE OF THE STARS NO 3000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LOS ANGELES, CA90067
A Employer identification number

95-4686318
B Telephone number (see instructions)

(310) 954-5026
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$1,846,960,427J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 4,529,442 4,528,826  
4 Dividends and interest from securities... 613,319 15,869,134  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 162,450,001
b Gross sales price for all assets on line 6a 319,102,416
7 Capital gain net income (from Part IV, line 2)... 144,683,038
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)....... 1,322,661 8,401,722  
12 Total. Add lines 1 through 11........ 168,915,423 173,482,720  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000 0   60,000
14 Other employee salaries and wages...... 561,434 0   558,799
15 Pension plans, employee benefits....... 108,362 0   105,309
16a Legal fees (attach schedule)......... 39,990 0   33,699
b Accounting fees (attach schedule)....... 208,751 62,918   135,469
c Other professional fees (attach schedule).... 5,554,951 1,714,518   1,974,851
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 4,806,577 393,092   310
19 Depreciation (attach schedule) and depletion... 186,071 3,211  
20 Occupancy.............. 81,738 0   81,738
21 Travel, conferences, and meetings....... 75,703 0   75,703
22 Printing and publications.......... 67,995 0   68,100
23 Other expenses (attach schedule)....... 336,143 10,894,355   309,642
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 12,087,715 13,068,094   3,403,620
25 Contributions, gifts, grants paid....... 65,557,160 155,054,528
26 Total expenses and disbursements. Add lines 24 and 25 77,644,875 13,068,094   158,458,148
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 91,270,548
b Net investment income (if negative, enter -0-) 160,414,626
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 1,149,511 96,512 96,512
2 Savings and temporary cash investments......... 231,361,714 189,616,610 189,616,610
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 1,541,309,675 1,626,941,153 1,626,941,153
14 Land, buildings, and equipment: basis bullet2,135,190
Less: accumulated depreciation (attach schedule) bullet2,078,870 242,391 56,320 56,320
15 Other assets (describe bullet) 23,749,523 30,249,832 30,249,832
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,797,812,814 1,846,960,427 1,846,960,427
Liabilities 17 Accounts payable and accrued expenses.......... 948,917 1,033,300
18 Grants payable................. 526,292,324 436,794,956
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) 5,714,101 8,560,368
23 Total liabilities (add lines 17 through 22)......... 532,955,342 446,388,624
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........... 1,264,857,472 1,400,571,803
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,264,857,472 1,400,571,803
30 Total liabilities and net assets/fund balances (see instructions). 1,797,812,814 1,846,960,427
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,264,857,472
2
Enter amount from Part I, line 27a .....................
2
91,270,548
3
Other increases not included in line 2 (itemize) bullet
3
44,443,783
4
Add lines 1, 2, and 3 ..........................
4
1,400,571,803
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
1,400,571,803
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b ALTERNATIVE INVESTMENTS P    
c EQUITY OPTIONS P    
d PASS THRU INVESTMENTS DISTRIB IN EXCESS OF BASIS P    
e PASS THRU INVESTMENTS DISTRIB IN EXCESS OF BASIS D    
PASS THRU INVESTMENTS REPORTED ON SCH K-1 P    
ADJUST FOR IRC SEC 1202 ELIGIBLE GAIN EXCLUSION - PASS THRU INVESTMENTS P    
TERMINATION OF ICQ INVESTMENTS LP (SERIES VI) P    
TERMINATION OF NCD INVESTORS P    
TERMINATION OF RIALTO CAPITAL CMBS FUND, LP P    
TERMINATION OF OCM WIKI HOLDINGS, LLC P    
TERMINATION OF BLACKSTONE TACTICAL OPP FUND - ALPHA L.P. P    
(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 109,090,203   69,285,272 39,804,931
b 109,224,464   48,265,539 60,958,925
c 19,496,762   35,923,684 -16,426,922
d 84,199,560   75,018,675 9,180,885
e 141,073   141,073 0
46,964,666     46,964,666
    841,047 -841,047
14,555,859   10,023,935 4,531,924
2,689,262   2,688,825 437
12,272,111   11,764,852 507,259
131   197 -66
368,493   366,447 2,046
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       39,804,931
b       60,958,925
c       -16,426,922
d       9,180,885
e       0
      46,964,666
      -841,047
      4,531,924
      437
      507,259
      -66
      2,046
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 2 144,683,038
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 153,582,950 1,847,637,987 0.083124
2017 146,319,907 1,753,948,740 0.083423
2016 150,781,007 1,716,811,223 0.087826
2015 106,062,438 1,886,558,367 0.056220
2014 185,794,701 1,881,859,347 0.098729
2
Total of line 1, column (d) .....................
2
0.409322
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.081864
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
1,836,271,849
5
Multiply line 4 by line 3......................
5
150,324,559
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
1,604,146
7
Add lines 5 and 6........................
7
151,928,705
8
Enter qualifying distributions from Part XII, line 4,.............
8
158,458,148
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 1,604,146
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% 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 1,604,146
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 1,604,146
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 1,961,870
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 860,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 2,821,870
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 1,217,724
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet1,217,724 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    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 addressbulletWWW.BROADFOUNDATION.ORG
    14
    The books are in care ofbulletJULIE BAKER Telephone no.bullet (310) 954-5026

    Located atbullet2121 AVENUE OF THE STARS STE 3000LOS ANGELESCA ZIP+4bullet90067
    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 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 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 2019.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    ELI BROAD TRUSTEE, CHAIRMAN
    30.00     		60,000 6,570 0
    2121 AVENUE OF THE STARS SUITE 3000
    LOS ANGELES,CA90067
    EDYTHE L BROAD TRUSTEE
    1.00     		0 0 0
    2121 AVENUE OF THE STARS SUITE 3000
    LOS ANGELES,CA90067
    GERUN RILEY SEE STATEMENT 15 PRESIDENT
    30.00     		0 0 0
    2121 AVENUE OF THE STARS SUITE 3000
    LOS ANGELES,CA90067
    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
    SUE CHI SENIOR DIRECTOR
    40.00     		158,910 14,864 0
    2121 AVENUE OF THE STARS STE 3000
    LOS ANGELES,CA90067
    SUZANNE EMMERLING CHIEF COMMUNICATIONS
    30.00     		146,231 16,133 0
    2121 AVENUE OF THE STARS STE 3000
    LOS ANGELES,CA90067
    SUSAN JACK VICE PRESIDENT/CHIEF
    32.00     		130,490 10,715 0
    2121 AVENUE OF THE STARS STE 3000
    LOS ANGELES,CA90067
    HEIDI KATO CHIEF ADMINISTRATIVE
    40.00     		79,890 10,705 0
    2121 AVENUE OF THE STARS STE 3000
    LOS ANGELES,CA90067
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    FAMILY OFFICE FINANCIAL SERVICES LLC FINANCE, ACCTG, TAX, HR & TECH 1,503,403
    2121 AVENUE OF THE STARS SUITE 3000
    LOS ANGELES,CA90067
    FAMILY OFFICE INVESTMENT SERVICES LLC INVESTMENT SERVICES 1,345,350
    2121 AVENUE OF THE STARS SUITE 3000
    LOS ANGELES,CA90067
    ERNST & YOUNG US LLP AUDIT SERVICES 105,106
    PO BOX 846793
    LOS ANGELES,CA90084
    WELLSPRING CONSULTING LLC STRATEGIC PLANNING 104,350
    198 AMITY ROAD 2ND FLOOR
    WOODBRIDGE,CT06525
    CLARK NUBER PS TAX PREP SERVICES 103,645
    10900 NE 4TH STREET SUITE 1400
    BELLEVUE,WA98004
    Total number of others receiving over $50,000 for professional services.............bullet6
    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.........................bullet0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    139,928,145
    b
    Average of monthly cash balances.......................
    1b
    235,680,427
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,488,626,808
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,864,235,380
    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
    1,864,235,380
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    27,963,531
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,836,271,849
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    91,813,592
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    91,813,592
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    1,604,146
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
    130,512
    c
    Add lines 2a and 2b............................
    2c
    1,734,658
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    90,078,934
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    8,905
    5
    Add lines 3 and 4............................
    5
    90,087,839
    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 XIII, line 1 ...
    7
    90,087,839
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    158,458,148
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    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 V, line 8, and Part XIII, line 4
    4
    158,458,148
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    1,604,146
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    156,854,002
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 90,087,839
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 94,087,151
    b From 2015......  
    c From 2016...... 66,664,130
    d From 2017...... 59,004,415
    e From 2018...... 62,488,138
    fTotal of lines 3a through e........ 282,243,834
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 158,458,148
    a Applied to 2018, 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 2019 distributable amount..... 90,087,839
    e Remaining amount distributed out of corpus 68,370,309
    5 Excess distributions carryover applied to 2019. 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 5 350,614,143
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		94,087,151
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		256,526,992
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016.... 66,664,130
    c Excess from 2017.... 59,004,415
    d Excess from 2018.... 62,488,138
    e Excess from 2019.... 68,370,309
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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).)
    ELI BROAD
    EDYTHE L BROAD
    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 (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    74 MEDIA INC THE
    222 BROADWAY 19TH FLOOR
    NEW YORK,NY10038     		  PC EDUCATION - SPANISH TRANSLATION SUPPORT FOR THE LA SCHOOL REPORT 25,000
    ADVANCEMENT PROJECT
    1545 WILSHIRE BLVD SUITE 800
    LOS ANGELES,CA90017     		  PC EDUCATION - GENERAL OPERATING SUPPORT 4,750
    ALLIANCE COLLEGE-READY PUBLIC SCHOOLS
    601 SOUTH FIGUEROA STREET 4TH FLOOR
    LOS ANGELES,CA90017     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR A PUBLIC CHARTER SCHOOL NETWORK IN LOS ANGELES 365,000
    ALZHEIMER'S GREATER LOS ANGELES
    4221 WILSHIRE BLVD SUITE 400
    LOS ANGELES,CA90034     		  PC SCI & MED RESEARCH - GENERAL OPERATING SUPPORT 2,500
    AMERICAN SECURITY PROJECT
    1401 NEW YORK AVENUE SUITE 810
    WASHINGTON,DC20005     		  PC ENVIRONMENT/CLIMATE - TO SUPPORT THE LAUNCH OF CLIMATE ADVOCACY EFFORTS 500,000
    ART DIVISION
    2418 WEST 6TH STREET
    LOS ANGELES,CA90057     		  PC ARTS - SUPPORTING YOUTH FROM MARGINALIZED COMMUNITIES TO STUDY VISUAL ARTS 10,000
    CALIFORNIA COMMUNITY FOUNDATION
    221 SOUTH FIGUEROA STREET SUITE 400
    LOS ANGELES,CA90012     		  PC EDUCATION - SUPPORT FOR LOS ANGELES UNIFIED SCHOOL DISTRICT 450,000
    CALIFORNIA INSTITUTE OF TECHNOLOGY
    1200 EAST CALIFORNIA BLVD
    PASADENA,CA91125     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR THE WORLD-RENOWNED SCIENCE AND ENGINEERING INSTITUTE 25,000
    CALIFORNIA INSTITUTE OF TECHNOLOGY
    1200 EAST CALIFORNIA BLVD
    PASADENA,CA91125     		  PC EDUCATION - TO ESTABLISH THE HONORARY ENDOWED DAVID BALTIMORE PROFESSORSHIP 1,000,000
    CCF COMMUNITY INITIATIVES FUND
    221 S FIGUEROA ST SUITE 400
    LOS ANGELES,CA90012     		  PC CIVIC AND COMMUNITY - TO SUPPORT A DOCUMENTARY FOR THE 1994 PROP 187 20,000
    CEDARS-SINAI MEDICAL CENTER
    8700 BEVERLY BLVD SUITE 2416
    LOS ANGELES,CA90048     		  PC SCI & MED RESEARCH - RESEARCH SUPPORT 20,000
    CENTER FOR AMERICAN PROGRESS
    1333 H STREET NW 10TH FLOOR
    WASHINGTON,DC20005     		  PC ENVIRONMENT/CLIMATE - GENERAL OPERATING SUPPORT 50,000
    CHARTER FUND INC DBA CHARTER SCHOOL GROWTH FUND
    10901 WEST 120TH AVENUE SUITE 450
    BROOMFIELD,CO80021     		  POF EDUCATION - LOS ANGELES AND NATIONAL FUND SUPPORT 600,000
    CICLAVIA
    525 SOUTH HEWITT STREETRNSUITE
    LOS ANGELES,CA90013     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 5,000
    COLUMBIA MEMORIAL SPACE SCIENCE LEARNING CENTER
    12400 COLUMBIA WAY
    DOWNEY,CA90242     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    COMMUNITY ASSET DEVELOPMENT RE-DEFINING EDUCATION (CADRE)
    8410 SOUTH BROADWAY
    LOS ANGELES,CA90003     		  PC EDUCATION - GENERAL OPERATING SUPPORT 4,955
    COMMUNITY COALITION FOR SUBSTANCE ABUSE PREVENTION & TREATMENT
    8101 S VERMONT AVENUE
    LOS ANGELES,CA90044     		  PC CIVIC AND COMMUNITY - EMBRACE L.A. SUPPORT 50,000
    COMMUNITY COALITION FOR SUBSTANCE ABUSE PREVENTION & TREATMENT
    8101 S VERMONT AVENUE
    LOS ANGELES,CA90044     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 4,100
    COMMUNITY PARTNERS
    1000 NORTH ALAMEDA STREET SUITE 240
    LOS ANGELES,CA90012     		  PC CIVIC AND COMMUNITY - SLATE-Z 100,000
    COMMUNITY PARTNERS
    1000 NORTH ALAMEDA STREET SUITE 240
    LOS ANGELES,CA90012     		  PC CIVIC AND COMMUNITY - INSTITUTE FOR NONVIOLENCE IN LOS ANGELES 5,000
    CROHN'S & COLITIS FOUNDATION OF AMERICA
    386 PARK AVENUE SOUTH17TH FLOOR
    NEW YORK,NY10016     		  PC SCI & MED RESEARCH - GENERAL OPERATING SUPPORT 2,000
    CULVER CITY UNIFIED SCHOOL DISTRICT
    4034 IRVING PLACE
    CULVER CITY,CA90232     		  GOV EDUCATION - GENERAL OPERATING SUPPORT FOR PUBLIC SCHOOLS 50,000
    DETROIT INSTITUTE OF ARTS THE
    5200 WOODWARD AVENUE
    DETROIT,MI48202     		  PC ARTS - GENERAL OPERATING SUPPORT 100,000
    DISCOVERY SCIENCE FOUNDATION
    2500 NORTH MAIN STREET
    SANTA ANA,CA92705     		  PC EDUCATION - TO SUPPORT K-12 STEM EDUCATION IN LOS ANGELES PUBLIC SCHOOLS 25,000
    DOHENY EYE INSTITUTE
    1355 SAN PABLO STREET
    LOS ANGELES,CA90033     		  PC SCI & MED RESEARCH - GENERAL OPERATING SUPPORT 20,000
    DOWNTOWN WOMEN'S CENTER
    442 SOUTH SAN PEDRO STREET
    LOS ANGELES,CA90013     		  PC CIVIC AND COMMUNITY - TO SUPPORT HOMELESS AND LOW-INCOME WOMEN THROUGHOUT LOS ANGELES 1,000
    EDUCATORS FOR EXCELLENCE (E4E)
    80 PINE STREET 28TH FLOOR
    NEW YORK,NY10005     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR TEACHER-LED ORGANIZING IN LOS ANGELES PUBLIC SCHOOLS 509,958
    EDVOICE INSTITUTE FOR RESEARCH AND EDUCATION
    HEADQUARTERS 1107 9TH ST SUITE 680
    SACRAMENTO,CA95814     		  PC EDUCATION - GENERAL OPERATING SUPPORT 70,000
    EL RANCHO HIGH SCHOOL
    6501 PASSONS BLVD
    PICO RIVERA,CA90660     		  GOV EDUCATION - GENERAL OPERATING SUPPORT FOR A PUBLIC SCHOOL 1,000
    ENCORPS
    2121 AVENUE OF THE STARS SUITE 2020
    LOS ANGELES,CA90067     		  PC EDUCATION - TO SUPPORT K-12 STEM EDUCATION IN LOS ANGELES PUBLIC SCHOOLS 50,000
    EXCEPTIONAL CHILDREN'S FOUNDATION
    5350 MACHADO RD
    CULVER CITY,CA90230     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    FAIRBURN YOUTH ASSOCIATION
    1403 FAIRBURN AVENUE
    LOS ANGELES,CA90024     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    FAMILIES IN SCHOOLS
    1545 WILSHIRE BOULEVARD SUITE 811
    LOS ANGELES,CA90017     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR ORGANIZATION DEDICATED TO ENGAGING FAMILIES FROM MARGINALIZED COMMUNITIES 10,000
    FORDHAM LAW SCHOOL
    140 W 62ND STREET
    NEW YORK,NY10023     		  PC EDUCATION - GENERAL OPERATING SUPPORT 25,000
    FOUNDATION FOR A BETTER PUERTO RICO INC
    PO BOX 938
    CULEBRA,PR00775     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    FULFILLMENT FUND
    6100 WILSHIRE BLVD SUITE 600
    LOS ANGELES,CA90048     		  PC EDUCATION - TO SUPPORT MENTORING, COLLEGE COUNSELING AND EXPERIENTIAL LEARNING OPPORTUNITIES FOR YOUTH FROM MARGINALIZED COMMUNITIES 27,500
    GEFFEN PLAYHOUSE
    10886 LE CONTE AVENUE
    LOS ANGELES,CA90024     		  PC ARTS - GENERAL OPERATING SUPPORT 1,000
    GREAT PUBLIC SCHOOLS NOW
    1150 SOUTH OLIVE STREET SUITE 1325
    LOS ANGELES,CA90015     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR ORGANIZATION DEDICATED TO IMPROVING AND ADVOCATING FOR K-12 PUBLIC SCHOOLS IN LOS ANGELES 25,000
    GREEN DOT PUBLIC SCHOOLS
    1149 SOUTH HILL STREETSUITE 600
    LOS ANGELES,CA90015     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR A PUBLIC CHARTER SCHOOL NETWORK IN LOS ANGELES 250,000
    HARVARD UNIVERSITY
    1033 MASSACHUSETTS AVE STE 3
    CAMBRIDGE,MA02138     		  PC EDUCATION - GENERAL OPERATING SUPPORT 50,000
    HOMEBOY INDUSTRIES
    130 WEST BRUNO STREET
    LOS ANGELES,CA90012     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 52,500
    HUMAN RIGHTS WATCH INC
    350 5TH AVE 34TH FLOOR
    NEW YORK,NY10118     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 3,500
    INNER-CITY ARTS
    720 KOHLER STREET
    LOS ANGELES,CA90021     		  PC ARTS - GENERAL OPERATING SUPPORT 1,000
    INNERCITY STRUGGLE
    530 SOUTH BOYLE AVENUE
    LOS ANGELES,CA90033     		  PC CIVIC AND COMMUNITY - TO SUPPORT PROGRAMS THAT IMPROVE THE QUALITY OF LIFE IN EAST LOS ANGELES 69,760
    INNOVATE PUBLIC SCHOOLS
    1400 PARKMOOR AVENUE SUITE 240
    SAN JOSE,CA95126     		  PC EDUCATION - TOP PUBLIC SCHOOLS REPORT SUPPORT FOR LOS ANGELES 180,000
    INTERNATIONAL PARTNERS CASSIE STERN MEMORIAL INC
    PO BOX 3774
    SILVER SPRING,MD20910     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 25,000
    KENTER CANYON PARENTS SUPPORT GROUP
    645 N KENTER AVE
    LOS ANGELES,CA90049     		  PC EDUCATION - GENERAL OPERATING SUPPORT 10,000
    KIPP LA SCHOOLS
    3601 EAST FIRST STREET
    LOS ANGELES,CA90063     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR A PUBLIC CHARTER SCHOOL NETWORK IN LOS ANGELES 20,000
    KOREAN AMERICAN MUSEUM INC
    3727 W 6TH ST STE 519
    LOS ANGELES,CA90020     		  PC ARTS - TO SUPPORT VISUAL AND PERFORMING ARTS IN LOS ANGELES 1,000
    LA PROMISE FUND
    202 W 1ST STREET SUITE 160
    LOS ANGELES,CA90012     		  PC EDUCATION - FAMILY ENGAGEMENT INITIATIVE FOR PUBLIC SCHOOLS 67,000
    LA PROMISE FUND
    202 W 1ST STREET SUITE 160
    LOS ANGELES,CA90012     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR PUBLIC SCHOOLS 10,000
    LA THEATRE WORKS
    681 VENICE BOULEVARD
    VENICE,CA90291     		  PC ARTS - GENERAL OPERATING SUPPORT 1,900
    LA'S BEST
    200 NORTH SPRING STREET SUITE M-120
    LOS ANGELES,CA90012     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR PUBLIC SCHOOLS 10,000
    LEGAL AID FOUNDATION OF LOS ANGELES
    1102 CRENSHAW BLVD
    LOS ANGELES,CA90019     		  PC CIVIC AND COMMUNITY - TO SUPPORT CAPITAL CAMPAIGN FOR A NEW OFFICE BUILDING 40,000
    LEUKEMIA & LYMPHOMA SOCIETY INC
    3 INTERNATIONAL DRIVE SUITE 200
    RYE BROOK,NY10573     		  PC SCI & MED RESEARCH - GENERAL OPERATING SUPPORT 15,000
    LIBRARY FOUNDATION OF LOS ANGELES
    630 WEST 5TH STREET
    LOS ANGELES,CA90071     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 11,500
    LIBRARY FOUNDATION OF LOS ANGELES
    630 WEST 5TH STREET
    LOS ANGELES,CA90071     		  PC CIVIC AND COMMUNITY - TO SUPPORT THE LIBRARY'S STUDENT ZONES 250,000
    LOS ANGELES BROTHERHOOD CRUSADE
    200 E SLAUSON AVE
    LOS ANGELES,CA90011     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 3,500
    LOS ANGELES PHILHARMONIC ASSOCIATION
    151 SOUTH GRAND AVENUE
    LOS ANGELES,CA90012     		  PC ARTS - GENERAL OPERATING SUPPORT FOR LOS ANGELES' WORLD-CLASS ORCHESTRA 1,000,000
    LOS ANGELES UNIFIED SCHOOL DISTRICT
    333 SOUTH BEAUDRY AVENUE 24TH FLOOR
    LOS ANGELES,CA90017     		  GOV EDUCATION - TO IMPROVE STEM OPPORTUNITIES FOR CALIFORNIA'S YOUTH FROM MARGINALIZED COMMUNITIES 25,000
    LOS ANGELES UNIFIED SCHOOL DISTRICT
    333 SOUTH BEAUDRY AVENUE 24TH FLOOR
    LOS ANGELES,CA90017     		  GOV EDUCATION - TO SUPPORT A HOMELESS EDUCATION PROGRAM IN PUBLIC SCHOOLS 2,000
    MADISON PROJECT
    1900 PICO BLVD
    SANTA MONICA,CA90405     		  PC ARTS - TO SUPPORT LOS ANGELES COMMUNITY THEATER THE BROAD STAGE 73,500
    MARTIN LUTHER KING JR COMMUNITY HEALTH FOUNDATION
    1680 EAST 120TH STREET
    LOS ANGELES,CA90059     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 1,500
    MASSACHUSETTS PARENTS UNITED INC
    50 MILK STREET 15TH FLOOR
    BOSTON,MA02110     		  PC EDUCATION - LAUNCH OF NATIONAL PARENTS ORGANIZATION TO ENGAGE, TRAIN AND EQUIP PARENTS TO ADVOCATE FOR THEIR CHILDREN 175,000
    MICHIGAN STATE UNIVERSITY
    450 ADMINISTRATION BLDG
    EAST LANSING,MI48824     		  PC EDUCATION - ENDOWMENT FOR THE ELI BROAD COLLEGE OF BUSINESS 3,000,000
    MICHIGAN STATE UNIVERSITY
    450 ADMINISTRATION BLDG
    EAST LANSING,MI48824     		  PC EDUCATION - GENERAL OPERATING SUPPORT 10,000
    MICHIGAN STATE UNIVERSITY
    450 ADMINISTRATION BLDG
    EAST LANSING,MI48824     		  PC EDUCATION - SUPPORT FOR THE CONSTRUCTION OF THE GRADUATE PROGRAMS PAVILION 2,000,000
    MICHIGAN STATE UNIVERSITY
    520 NORTH BUSINESS COMPLEX
    EAST LANSING,MI48824     		  PC EDUCATION - ENDOWMENT FOR ELI AND EDYTHE BROAD DEAN OF BUSINESS SCHOOL 250,000
    MK LEVEL PLAYING FIELD INSTITUTE AKA SMASH
    2148 BROADWAY
    OAKLAND,CA94612     		  PC EDUCATION - TO IMPROVE STEM OPPORTUNITIES FOR YOUTH FROM MARGINALIZED COMMUNITIES IN LOS ANGELES 110,000
    MUSIC CENTER
    135 NORTH GRAND AVENUE
    LOS ANGELES,CA90012     		  PC ARTS - TO SUPPORT VISUAL AND PERFORMING ARTS IN LOS ANGELES 28,500
    NEW FOOD ECONOMY
    12 E 49TH STREET 4TH FLOOR
    NEW YORK,NY10017     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 20,000
    PS ARTS
    1728 ABBOT KINNEY BLVD 101
    VENICE,CA90291     		  PC ARTS - TO SUPPORT VISUAL AND PERFORMING ARTS IN LOS ANGELES 4,840
    PARENT REVOLUTION
    800 WILSHIRE BLVD SUITE 200
    LOS ANGELES,CA90017     		  PC EDUCATION - PARENT ORGANIZING AND ADVOCACY SUPPORT FOR PUBLIC SCHOOLS 250,000
    PARTICIPANT FOUNDATION
    335 MAPLE DRIVE SUITE 245
    BEVERLY HILLS,CA90210     		  PF EDUCATION - TEACHER WORKSHOPS FOR PUBLIC SCHOOLS 90,000
    PARTNERSHIP FOR LOS ANGELES SCHOOLS
    1055 WILSHIRE BLVD SUITE 1850
    LOS ANGELES,CA90017     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR ORGANIZATION THAT OPERATES LAUSD PUBLIC SCHOOLS IN MARGINALIZED COMMUNITIES 250,000
    PEPPERDINE UNIVERSITY
    24255 PACIFIC COAST HIGHWAY
    MALIBU,CA90263     		  PC EDUCATION - GENERAL OPERATING SUPPORT 2,500
    PLANNED PARENTHOOD FEDERATION OF AMERICA INC
    PO BOX 97166
    WASHINGTON,DC20090     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 2,000
    PLANNED PARENTHOOD LOS ANGELES
    400 WEST 30TH STREET
    LOS ANGELES,CA90007     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 2,500
    PUEBLO NUEVO EDUCATION AND DEVELOPMENT GROUP
    3435 W TEMPLE STREET
    LOS ANGELES,CA90026     		  PC EDUCATION - GENERAL OPERATING SUPPORT 20,000
    RACE TO ERASE MS
    1875 CENTURY PARK EAST SUITE 980
    LOS ANGELES,CA90067     		  PC SCI & MED RESEARCH - GENERAL OPERATING SUPPORT 1,000
    RANDAL D SIMMONS OUTREACH FOUNDATION INC
    21213-B HAWTHORNE BLVD 5422
    TORRANCE,CA90503     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 2,000
    REGENTS OF THE UNIVERSITY OF CALIFORNIA LOS ANGELES
    10889 WILSHIRE BLVD SUITE 700
    LOS ANGELES,CA90024     		  PC SCI & MED RESEARCH - INFLAMMATORY BOWEL DISEASE RESEARCH CENTER AT UCLA 400,000
    SAINT JOHN'S HOSPITAL & HEALTH CENTER FOUNDATION
    1328 TWENTY SECOND STREET
    SANTA MONICA,CA90404     		  PC SCI & MED RESEARCH - TO FUND ROBOTIC JOINT REPLACEMENT TECHNOLOGY 500,000
    SAINT JOHN'S HOSPITAL FOUNDATION
    1328 22ND STREET
    SANTA MONICA,CA90404     		  PC SCI & MED RESEARCH - RESEARCH SUPPORT 10,000
    SCHOLARSHIP AMERICA
    1 SCHOLARSHIP WAY
    SAINT PETER,MN56082     		  PC EDUCATION - ADMINISTRATION OF THE BROAD PRIZE SCHOLARSHIPS AND DISTRIBUTION OF FUNDS TO STUDENTS 12,600
    SCS NOONAN SCHOLARS
    160 STATE STREET FLOOR 3
    BOSTON,MA02109     		  PC EDUCATION - TO IMPROVE STEM OPPORTUNITIES FOR YOUTH FROM MARGINALIZED COMMUNITIES IN LOS ANGELES 200,000
    SILICON SCHOOLS FUND
    827 BROADWAY SUITE 300
    OAKLAND,CA94607     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR PUBLIC CHARTER SCHOOL NETWORKS IN SAN FRANCISCO BAY AREA 500,000
    SKIRBALL CULTURAL CENTER
    2701 NORTH SEPULVEDA BOULEVARD
    LOS ANGELES,CA90049     		  PC ARTS - TO SUPPORT VISUAL AND PERFORMING ARTS IN LOS ANGELES 25,000
    SOCIAL & ENVIRONMENTAL ENTREPRENEURS
    23532 CALABASAS RD SUITE A
    CALABASAS,CA91302     		  PC EDUCATION - TO IMPROVE STEM OPPORTUNITIES FOR YOUTH FROM MARGINALIZED COMMUNITIES IN LOS ANGELES 5,000
    SONOMA VALLEY EDUCATION FOUNDATION
    PO BOX 493
    SONOMA,CA95476     		  PC EDUCATION - DATA ANALYTIC SYSTEMS SUPPORT 100,000
    SOUTHERN CALIFORNIA GRANTMAKERS
    1000 NORTH ALAMEDA STREET SUITE 230
    LOS ANGELES,CA90012     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 14,700
    SPEAK UP FOUNDATION
    528 PALISADES DRIVE 186
    PACIFIC PALISADES,CA90272     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR PARENT ORGANIZING TO ENGAGE, TRAIN AND EQUIP PARENTS TO ADVOCATE FOR THEIR CHILDREN IN LOS ANGELES PUBLIC SCHOOLS 175,000
    STEP UP ON SECOND STREET INC
    1328 SECOND STREET
    SANTA MONICA,CA90401     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 1,000
    STUDENTS FOR EDUCATION REFORM
    116 NASSAU STREET SUITE 520
    NEW YORK,NY10038     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR LOS ANGELES PUBLIC SCHOOLS 350,000
    SWARTHMORE COLLEGE
    500 COLLEGE AVENUE
    SWARTHMORE,PA19081     		  PC EDUCATION - GENERAL OPERATING SUPPORT 50,000
    TEACH FOR AMERICA - LOS ANGELES
    606 S OLIVE STREET 300
    LOS ANGELES,CA90014     		  PC EDUCATION - GENERAL OPERATING SUPPORT 10,000
    THE BARACK OBAMA FOUNDATION
    5235 SOUTH HARPER COURT SUITE 1140
    CHICAGO,IL60615     		  PC CIVIC AND COMMUNITY - GENERAL SUPPORT PLEDGE TO HELP CREATE THE OBAMA PRESIDENTIAL LIBRARY IN CHICAGO 200,000
    THE BROAD CENTER
    2121 AVENUE OF THE STARS SUITE 3000
    LOS ANGELES,CA90067     		  PC EDUCATION - TO DEVELOP AND SUPPORT LEADERS AND MANAGERS OF PUBLIC SCHOOL DISTRICTS, CHARTER MANAGEMENT ORGS AND STATE AND FEDERAL EDUCATION AGENCIES 13,025,400
    THE BROAD INSTITUTE
    7 CAMBRIDGE CTR
    CAMBRIDGE,MA02142     		  PC SCI & MED RESEARCH - TO SUPPORT BIOMEDICAL AND GENOMIC RESEARCH 110,000,000
    THE BROAD
    2121 AVENUE OF THE STARS SUITE 3000
    LOS ANGELES,CA90067     		  POF ARTS - GENERAL SUPPORT PLEDGE 8,917,065
    TOWER CANCER RESEARCH FOUNDATION
    9229 WILSHIRE BOULEVARD
    BEVERLY HILLS,CA90210     		  PC SCI & MED RESEARCH - GENERAL OPERATING SUPPORT 1,500
    TRACE MEDIA INC
    195 MONTAGUE STREET 14TH FLOOR
    BROOKLYN,NY11220     		  PC CIVIC AND COMMUNITY - TO SUPPORT STUDENT VOICES IN GUN SAFETY DEBATE 8,500
    UCLA FOUNDATION
    10920 WILSHIRE BLVD 1400
    LOS ANGELES,CA90024     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    UCLA FOUNDATION
    10920 WILSHIRE BLVD 1400
    LOS ANGELES,CA90024     		  PC EDUCATION - TO SUPPORT THE UCLA CENTER FOR THE TRANSFORMATION OF SCHOOLS AND THE LOS ANGELES COUNTY EDUCATION OPPORTUNITY STUDY 17,000
    UCLA FOUNDATION
    10920 WILSHIRE BLVD 1400
    LOS ANGELES,CA90024     		  PC SCI & MED RESEARCH - REGENERATIVE MEDICINE AND STEM CELL RESEARCH AT UCLA 2,500,000
    UNITED FRIENDS OF THE CHILDREN
    1055 WILSHIRE BLVD SUITE 1955
    LOS ANGELES,CA90017     		  PC CIVIC AND COMMUNITY - GENERAL OPERATING SUPPORT 1,000
    UNITED NEGRO COLLEGE FUND INC
    3699 WILSHIRE BLVD SUITE 675
    LOS ANGELES,CA90010     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    UNIVERSITY OF CALIFORNIA SAN FRANCISCO FOUNDATION
    220 MONTGOMERY STREET FLOOR 5
    SAN FRANCISCO,CA94104     		  PC SCI & MED RESEARCH - REGENERATIVE MEDICINE AND STEM CELL RESEARCH AT UCSF 2,500,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    3551 TROUSDALE PARKWAY STE 160
    LOS ANGELES,CA90089     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR THE DANA AND DAVID DORNSIFE COLLEGE OF LETTERS, ARTS AND SCIENCES AT USC 25,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    3551 TROUSDALE PARKWAY STE 160
    LOS ANGELES,CA90089     		  PC EDUCATION - GENERAL OPERATING SUPPORT FOR THE JOINT EDUCATIONAL PROJECT AT USC 100,000
    UNIVERSITY OF SOUTHERN CALIFORNIA
    3551 TROUSDALE PARKWAY STE 160
    LOS ANGELES,CA90089     		  PC SCI & MED RESEARCH - REGENERATIVE MEDICINE AND STEM CELL RESEARCH AT USC 2,500,000
    VERSE VIDEO EDUCATION INC
    207 FISHER AVENUE
    BROOKLINE,MA02445     		  PC EDUCATION - TEACHER WORKSHOPS 60,000
    VISION TO LEARN
    11611 SAN VICENTE BLVD SUITE 500
    LOS ANGELES,CA90049     		  PC CIVIC AND COMMUNITY - TO SUPPORT PROGRAMS THAT PROVIDE FREE EYE EXAMS AND FREE EYEGLASSES TO STUDENTS FROM MARGINALIZED COMMUNITIES 255,000
    VOLUNTEER CENTER SOUTH BAY HARBOR LONG BEACH
    1230 CRAVENS AVENUE
    TORRANCE,CA90501     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    YOUTH POLICY INSTITUTE INC
    6464 SUNSET BLVD SUITE 650
    LOS ANGELES,CA90028     		  PC EDUCATION - GENERAL OPERATING SUPPORT 5,000
    Total .................................bullet 3a 155,054,528
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 4,529,442  
    4 Dividends and interest from securities....     14 613,319  
    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..... 523000 1,252,295      
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 162,450,001  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRETURNED GRANTS     		        8,905
    bSTATE TAX REFUND     01 55,085  
    cFEDERAL TAX REFUND     01 6,376  
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 1,252,295 167,654,223 8,905
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    168,915,423
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    11A REIMBURSEMENT OF A PRIOR QUALIFYING DISTRIBUTION
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description