Return of Private Foundation O MB No 1545-0052 Form 990 -PF or Section 4947(a)(1) Nonexempt Charitable Trust Department of the Treasury Treated as a Private Foundation Internal Revenue Service Note . The foundation may be able to use a copy of this return to satisfy state reporting requirements. 201 1 For calendar year 2011 or tax year beginning , and ending Name of foundation Employer identification number INTEL FOUNDATION 94-3092928 Number and street ( or P 0 box number if mail is not delivered to street address) Room/suite B Telephone number 5200 NE ELAM YOUNG PARKWAY (503) 696-8080 City or town, state , and ZIP code C If exemption application is pending, check here ► HILLSBORO, OR 97124 G Check all that apply Initial return initial return of a former public charity D 1. Foreign organizations, check here Final return Amended return Foeckreign orga n izyations meetin g the 85% test, ® Address change Name chan ge 2 . ch eck here and attac h com p u tation H Check type of organization: X Section 501(c)(3) exempt private foundation E If private foundation status was terminated 0 Section 4947(a)(1) nonexempt charitable trust = Other taxable private foundation under section 507(b)(1)(A), check here I Fair market value of all assets at end of year J Accounting method: X Cash L_J Accrual F If the foundation is in a 60-month termmatloq^ (from Part ll, col (c), line 16) 0 Other (specify) under section 507(b)(1)(B), check here (Part 1, column (d) must be on cash basis) ► $ 6 7 , 3 9 2 , 5 81 . Part I Analysis of Revenue and Expenses (a) Revenue and (b) Net investment (c) Adjusted net (d) Disbursements (The total of amounts in columns (b) (c), and ( d) may not for charitable purposes necessarily equal the amounts in column (a)) expenses per books income income (cash basis only) 1 Contributions, gifts, grants, etc., received 56,285,795 . N/A 2 Check ► = If the foundation is not required to attach Sch 8 and temporary 3 eah investments 22,965. 22,965. S TATEMENT 2 4 Dividends and interest from securities - 5a Gross rents b Net rental income or ( loss) 6a Net gain or (loss ) from sale of assets not on line 10 -2 ,150, 230. S TATEMENT 1 M b Gross sales price for all assets on line 6a 31,135 , 565. - - - - - > 7 Capital gain net income (from Part IV, line 2 ) d 22,846,570. °C 8 Net short-term capital gain 9 Income modifications Gross sales less returns - 10a and allowances b Less Cost of goods sold c Gross profit or (loss) 11 Other Income 64,983. 0. S TATEMENT 3 12 Total. Add lines 1 through l l 54,223,513. 22,869,535. eQ O 13 Compensation of officers, directors, trustees, etc 0. 0. 0. c^ 14 Other employee salaries and wages eD 15 Pension plans, employee benefits N 16a Legal fees 0 a b Accounting fees STMT 4 16,352. 16,352. W c Other professional fees RECEIV 17 Interest 1E 18 Taxes STMT 5 225,000. 0. L. Z N 19 Depreciation and depletion O) E 20 Occupancy '0 i 21 Travel, conferences, and meetings a GEN,_UT 03 c 22 Printing and publications 23 Other expenses STMT 6 192,038. 95,352. 96,686. 24 Total operating and administrative o, expenses . Add lines 13 through 23 433,390. 95, 352. 113,038. 0 25 Contributions, gifts, grants paid 43, 388,787. 43, 388,787. 26 Total expenses and disbursements. Add lines 24 and 25 43,822,177. 95,352. 1 43,501,825. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements 10,401 ,336 . b Net investment income (e negative, enter -o-) 22,7741 18 3 c Adjusted net income (if negative, enter -0-) N/A "_, 12-UL-11 LrV1 1 V, L Y^/G11LV11* I,GVUVLIVII f1Vl IIVLIV , GG IIIVL, VVVVIUC. I Ui ni^w-L , tav--1 1 00131019 099815 INTEL 2011.04030 INTEL FOUNDATION INTEL1 0 i Fnrm Qgff-pp (9n 111 INTEL FOUNDATION 94-3092928 Pane 2 Beginning of year End of year Part II Balance Sheets A^chedschedulesandamountsinthedescnpton column should beforend -o f-year amounts only (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-Interest-bearing 363,842. 251,463. 251 ,463. 2 Savings and temporary cash investments 23,146 , 568. 55 ,112,5 84. 55,112,584. 3 Accounts receivable ► Less: allowance for doubtful accounts ► 4 Pledges receivable ► Less: allowance for doubtful accounts ► 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Other notes and loans receivable ► Less: allowance for doubtful accounts ► U) 8 Inventories for sale or use y 9 Prepaid expenses and deferred charges a 10a Investments - U.S. and state government obligations b Investments - corporate stock c Investments - corporate bonds 11 Investments - land,buddinps , andequipmentbasis ► _ _ Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other STMT 7 33,480 , 835. 12,028 , 534. 12 , 028,534. 14 Land , buildings, and equipment basis ► Less accumulated depreciation ► 15 Other assets (describe ► 16 Total assets to be completed by all filers 56,991 , 245. 67,392,581. 67 , 392,58 1. 17 Accounts payable and accrued expenses ' 18 Grants payable o 19 Deferred revenue 20 Loans from officers , directors , trustees , and other disqualified persons 21 Mortgages and other notes payable j 22 Other liabilities ( describe ► 23 Total liabilities (add lines 17 through 22 ) 0. 0. Foundations that follow SFAS 117, check here ► X and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted 56,991 , 245. 67,392,581. 25 Temporarily restricted co 26 Permanently restricted r_ Foundations that do not follow SFAS 117, check here ► LL and complete lines 27 through 31. ^ U) 27 Capital stock, trust principal , or current funds y 28 Paid-in or capital surplus, or land, bldg., and equipment fund I a 29 Retained earnings, accumulated income, endowment, or other funds Z 30 Total net assets or fund balances 56,991 , 245. 67,392,581._ 31 Total liabilities and net assets/fund balances 56,991,245. 67,392,581. Part 111 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 56,991,245. 2 Enter amount from Part I, line 27a 2 10,401,336. 3 Other increases not included in line 2 (itemize) ► 0. 4 Add lines 1, 2, and 3 67,392,581. 5 Decreases not included in line 2 (itemize) ► 0. 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 67,392,581. Form 990-PF (2011) 123511 12-02-11 2 00131019 099815 INTEL 2011.04030 INTEL FOUNDATION INTEL1 • a Form 990-PF (2011) INTEL FOUNDATION 94-3092928 Page3 Part IV Capita l Gains an d Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (e.g., real estate, How acquired (c) Date acquired (d) Date sold Purchase (mo., day, yr.) (mo., yr.) 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation day, la GAINS/ ( LOSSES ) ON INVESTMENTS D VARIOUS VARIOUS b c d e Cost or other (h) Gain or (loss) (e) Gross sales price (f) Depreciation allowed (g) basis (or allowable) plus expense of sale (e) plus (f) minus (g) a 31,135,565. 8,288,995. 22,846,570. b c d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col. (h) gain minus (j) Adjusted basis (k) Excess of col. (i) col. (k), but not less than -0-) or Losses (from col. (h)) (i) F.M.V. as of 12/31/69 as of 12/31/69 over col. (I), if any a 22,846,570. 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 2 22 ,846,570. 3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6): If gain, also enter in Part 1, line 8, column (c). If (loss ), enter -0- in Part I, line 8 3 N/A Part V uualitication under Section 494v(e) Tor lieaucea I ax 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 periods =Yes OR 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. ( a ) Base period years Distribution ratio Calendar year (or tax year beginning in) Adjusted qualifying(bdistributions Net value of noncharitable-use assets (col. (b) divided by cal. (c)) 2010 40,859,916. 57,793,787. .706995 2009 40,441,258. 50,073,397. .807640 2008 3 6 ,4 6 9,208. 1,658,705. .591469 2007 39,450,783. 54,8 5,699. .7 1 9043 2006 41,4 3,444. 74,9 7,464.