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Broad Foundation 95-4686318 l efile GRAPHIC p rint - DO NOT PROCESS I As Filed Data - I DLN: 93491315003366 OMB No 1545-0052 Form 990-PF Return of Private Foundation or Section 4947( a)(1) Trust Treated as Private Foundation 2015 Do not enter social security numbers on this form as it may be made public. Department of the Treasury ► ► Information about Form 990 - PF and its instructions is at www .irs.gov/form99OPf . • • ' Internal Revenue Service For calendar year 2015 , or tax year beginning 01-01-2015 , and ending 12-31-2015 Name of foundation A Employer identification number THE ELI AND EDYTHE BROAD FOUNDATION 95-4686318 Number and street (or P 0 box number if mail is not delivered to street address) BTelephone number (see instructions) 2121 AVENUE OF THE STARS NO 3000 (310) 954-5026 City or town, state or province , country, and ZIP or foreign postal code C If exemption application is pending, check here ► LOS ANGELES, CA 90067 P G Check all that apply [Initial return [Initial return former public charity of a D 1. Foreign organizations , check here ► F-Final return F-A mended return P F-Address change F-Name change 2. Foreign organizations meeting the 85% test, check here and attach computation ► E If private foundation status was terminated H Check type of organization [Section 501( c)(3) exempt private foundation under section 507(b)(1)(A), check here ► F Section 4947 (a)(1) nonexempt charitable trust Other taxable private foundation IFair market value of all assets at end ]Accounting method [Cash [Accrual F If the foundation is in a 60-month termination of year (from Pa,t II, col (c), [Other( specify) under section 507(b)(1)(B), check here ► F Ime 1,842 , 260,094 (Part I, column (d) must be on cash basis Analysis of Revenue and Expenses (d) Revenue and Disbursements (The total of amounts in columns (b), (c), and (d) may not Net investment Adjusted net expenses per for charitable necessarily equal the amounts n column (a) (see (b) income (c) income instructions)) (a) books purposes (cash basis only) 1 Contributions, gifts, grants, etc , received (attach schedule) . 2 Check ► W/ if the foundation is not required to attach Sch B . 3 Interest on savings and temporary cash investments 7,385 7,385 4 Dividends and interest from securities . 21,743,439 22,805,025 5a Gross rents . b Net rental income or (loss) 6a Net gain or (loss) from sale of assets not on line 10 108,394,158 b Gross sales price for all assets on line 6a 402,188,852 7 Capital gain net income (from Part IV, line 2) . 129,570,221 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) . •^ -30,817,767 -34,207,131 12 Total .Add lines 1 through 11 . 99,327,215 118,175,500 13 Compensation of officers, directors, trustees, etc 639,124 0 639,124 14 Other employee salaries and wages . 1,322,600 0 1,368,096 VI. 15 Pension plans, employee benefits . 352,393 0 419,241 CJ 16a Legal fees (attach schedule). IJ 266,955 8,169 268,892 b Accounting fees (attach schedule). • J 107,430 53,715 53,715 X w c Other professional fees (attach schedule) . •^ 5,601,551 2,174,150 2,677,612 V 17 Interest . 18 Taxes (attach schedule) (see instructions) of 1,788,309 0 1,260 19 Depreciation (attach schedule) and depletion . 346,502 0 20 Occupancy . 457,185 0 458,127 21 Travel, conferences, and meetings. 267,582 0 232,618 22 Printing and publications . C 23 Other expenses (attach schedule). •^ 19,844,412 17,840,727 273,207 24 Total operating and administrative expenses. Add lines 13 through 23 . 30,994,043 20,076,761 6,391,892 25 Contributions, gifts, grants paid . 48,221,352 97,594,290 26 Total expenses and disbursements .Add lines 24 and 25 79,215,395 20,076,761 103,986,182 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 20,111,820 b Net investment income (if negative, enter -0-) 98,098,739 c Adjusted net income (if negative, enter -0-) . For Paperwork Reduction Act Notice, see instructions. Cat No 11289X Form 990-PF (2015) Form 990-PF (2015) Pace 2 Attached schedules and amounts in the description column Beginning of year End of year Balance Sheets should be for end-of-year amounts only (See instructions (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash-non- interest- bearing . 3,785,448 2,634,330 2,634,330 2 Savings and temporary cash investments . 74,156,641 141,054,648 141,054,648 3 Accounts 126,938 Less allowance for doubtful accounts ► 4 Pledges receivable ► Less allowance for doubtful accounts ► 5 Grants receivable . 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see instructions). 7 Other notes and loans receivable (attach Less allowance for doubtful accounts ► N 8 Inventories for sale or use . C) 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 ► Less accumulated depreciation (attach schedule) ► 12 Investments-mortgage loans . 13 Investments-other (attach schedule) . 1,788,892,477 1,638,813,708 1,638,813,708 2,357,773 14 Land, buildings, and equipment basis ► Less accumulated depreciation (attach schedule) 10, 915,005 1,749,730 1,442,768 1,442,768 ) ^J 72,699,501 ^J 58,314,640 ^J 58,314,640 15 Other assets (describe ► 16 Total assets (to be completed by all filers-see the instructions Also, see page 1, item I) 1,941,410,735 1,842,260,094 1,842,260,094 17 Accounts payable and accrued expenses . 1,702,837 2,063,810 18 Grants payable . 512,314,924 462,941,986 C> 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 10, ) t 5,130,511 9?j 23 Total liabilities (add lines 17 through 22) . 519,148,272 469,384,293 Foundations that follow SFAS 117, check here ► W a> and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted . 1,422,262,463 1,372,875,801 Temporarily restricted C 25 26 Permanently restricted . LL_ Foundations that do not follow SFAS 117, check here ► F- 0 and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds . s 28 Paid-in or capital surplus, or land, bldg , and equipment fund a 29 Retained earnings, accumulated income, endowment, or other funds C' 30 Total net assets or fund balances (see instructions) . 1,422,262,463 1,372,875,801 Z 31 Total liabilities and net assets / fund balances (see instructions) 1,941,410,735 1,842,260,094 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 30 (must agree with end-of-year figure reported on prior year's return) . 1 1,422,262,463 2 Enter amount from Part I, line 27a . 2 20,111,820 3 3 0 Other increases not included in line 2 (itemize) ► 4 Add lines 1, 2, and 3 . 4 1,442,374,283 5 5 69,498,482 Decreases not included in line 2 (itemize) ► Ij 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 6 1,372,875,801 Form 990-PF (2015) Form 990-PF (2015) Pa g e 3 Capital Gains and Losses for Tax on Investment Income How acquired List and describe the kind(s) of property sold (e g , real estate, Date acquired Date sold P-Purchase (a) 2-story brick warehouse, or common stock, 200 shs M LC Co (c) (mo , day, yr (d) (mo , day, yr (b) D-Donation la See Additional Data Table b C d e Depreciation allowed Cost or other basis Gain or (loss) (e) Gross sales price (f) (or allowable) (g) plus expense of sale (h) (e) plus (f) minus (g) a See Additional Data Table b C d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 Gains (Col (h) gain minus Adjusted basis Excess ofcol (i) col (k), but not less than -0-) or (i) F M V as of 12/31/69 (j) as of 12/31/69 (k) over col (j), if any (I) Losses (from col (h)) a See Additional Data Table b C d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) If (loss), enter -0- in Part I, line 7 I 2 129,570,221 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 I 3 JU^ 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? F_ Yes No 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 Base period years Calendar Distributtiion ratio Adjusted qualifying distributions Net value of noncha)ritable-use assets year (or tax year beginning in) (col (b) divided by col (c)) 2014 185,794,701 1,881,859,347 0 098729 2013 120,086,211 1,788,206,332 0 067155 2012 158,681,628 1,640,037,797 0 096755 2011 156,375,909 1,657,218,388 0 094360 2010 136,595,723 1,517,318,724 0 090024 2 Totalof line 1, column (d) .
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