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THE SYNOPSYS FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
THE SYNOPSYS FOUNDATION (EIN 77-0488629)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-11-15
IRS object ID
202213199349104281
Schema version
2021v4.1
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2022-11-15T10:51:33-08:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN371420474PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Fontanello Duffield & Otake LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line144 Montgomery Street Suite 1305AddressLine1Txt
CitySan FranciscoCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94104ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN770488629EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1The Synopsys FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSYNOBusinessNameControlTxt
Phone6505845000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1690 E Middlefield RoadAddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94043ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonSudhindra KankanwadiPersonNm
Person TitleCFO/TreasurerPersonTitleTxt
Signature2022-11-15SignatureDt
Discuss With Paid PreparerfalseDiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstSudhindraPersonFirstNm
Person LastKankanwadiPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonErik SatowPreparerPersonNm
PTINP01410341PTIN
Phone4159830200PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,392,809FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$4,000,000ContriRcvdRevAndExpnssAmt
Total Rev And Expnss$4,000,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$21,000LegalFeesRevAndExpnssAmt
Legal Fees Dsbrs Chrtbl$21,000LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$6,625AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps$6,625AccountingFeesChrtblPrpsAmt
Other Expenses Rev And Expnss$4,646OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$32,271TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$27,625TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,850,232ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,850,232ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,882,503TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,877,857TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,117,497ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$7,275,312SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$8,392,809SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$8,392,809SavAndTempCashInvstEOYFMVAmt
Total Assets BOY$7,275,312TotalAssetsBOYAmt
Total Assets EOY$8,392,809TotalAssetsEOYAmt
Total Assets EOYFMV$8,392,809TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$7,275,312NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$8,392,809NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$7,275,312TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$8,392,809TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$7,275,312TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$8,392,809TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$7,275,312TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,117,497ExcessRevenueOverExpensesAmt
Subtotal$8,392,809SubtotalAmt
Tot Net Ast Or Fund Balances EOY$8,392,809TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx$418EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$418TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$418OverpaymentAmt
Applied To ES Tax$418AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateCAOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1The Synopsys FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6505845000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1690 E Middlefield RoadAddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94043ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnYes (true)FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsYes (true)GrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Transactions Fail To Qlfy As ExcfalseTransactionsFailToQlfyAsExcInd
Maintained Expenditure RspnsYes (true)MaintainedExpenditureRspnsInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (9 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
Jaimie Vargas
690 E Middlefield RoadMountain ViewCA94043CEO/President5.00$0
Sudhindra Kankanwadi
690 E Middlefield RoadMountain ViewCA94043CFO/Treasurer0.50$0
Erika Varga McEnroe
690 E Middlefield RoadMountain ViewCA94043Secretary1.00$0
David Moyce
690 E Middlefield RoadMountain ViewCA94043Asst. Sect'y0.50$0
Deirdre Hanford
690 E Middlefield RoadMountain ViewCA94043Director0.50$0
Aart De Geus
690 E Middlefield RoadMountain ViewCA94043Chairman0.50$0
Jan Collinson
690 E Middlefield RoadMountain ViewCA94043Director0.50$0
Celio Domingos Lemos Albuquerq
690 E Middlefield RoadMountain ViewCA94043Director0.50$0
Meng-Che Robert Li
690 E Middlefield RoadMountain ViewCA94043Director0.50$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,702,503AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$7,702,503TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$7,702,503AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$115,538CashDeemedCharitableAmt
Net Vl Noncharitable Assets$7,586,965NetVlNoncharitableAssetsAmt
Minimum Investment Return$379,348MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$379,348MinimumInvestmentReturnAmt
Distributable Before Adj$379,348DistributableBeforeAdjAmt
Distributable Before Ded$379,348DistributableBeforeDedAmt
Distributable As Adjusted$379,348DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,877,857ExpensesAndContributionsAmt
Qualifying Distributions$2,877,857QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$379,348DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$2,061,584ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$2,821,135ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$2,960,312ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$2,707,075ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,930,007ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$13,480,113TotalExcessDistributionCyovAmt
Qualifying Distributions$2,877,857QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$379,348AppliedToCurrentYearAmt
Remaining Distri From Corpus$2,498,509RemainingDistriFromCorpusAmt
Total Corpus$15,978,622TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$2,061,584ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$13,917,038ExcessDistriCyovToNextYrAmt
Excess From Year4$2,821,135ExcessFromYear4Amt
Excess From Year3$2,960,312ExcessFromYear3Amt
Excess From Year2$2,707,075ExcessFromYear2Amt
Excess From Year1$2,930,007ExcessFromYear1Amt
Excess From Current Year$2,498,509ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line1RecipientForeignAddress/AddressLine1TxtCityRecipientForeignAddress/CityNmProvince Or StateRecipientForeignAddress/ProvinceOrStateNmCountryRecipientForeignAddress/CountryCdForeign PostalRecipientForeignAddress/ForeignPostalCd
Silicon Valley Community Foundation
2440 West El Camino Real Suite 300Mountain ViewCA94040N/APCGeneral Support$555,000
Synopsys SV Science Tech Outreach F
690 E Middlefield RoadMountain ViewCA94043N/APOFEducation and Science Fair Support$900,232
King Baudouin Foundation United Sta
10 Rockefeller Plaza 16th FlNew YorkNY10020N/APCGeneral Support$145,000
American Online Giving Foundation
PO Box 1010Safety HarborFL34695N/APCGeneral Support$1,000,000
UK Online Giving Foundation
N/APCGeneral Support$175,000Unit 9 Cirencester Office ParkCirencesterGloucestershireUKGL7 6JJ
Give2Asia
600 California Street 11th FLSan FranciscoCA94108N/APCGeneral Support$75,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,850,232TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonSynopsys IncContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1690 E Middlefield RoadAddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94043ZIPCd
FieldValueIRS element (for citing)
Total Contributions$4,000,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$6,625Amt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$6,625DisbursementsCharitablePrpsAmt

Expenditure Responsibility Stmt ExpenditureResponsibilityStmt

Expenditure Responsibility ExpenditureResponsibilityGrp

FieldValueIRS element (for citing)
PersonSynopsys SV Science Tech OutrchPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1690 E Middlefield RoadAddressLine1Txt
CityMountain ViewCityNm
State AbbreviationCAStateAbbreviationCd
ZIP94043ZIPCd
FieldValueIRS element (for citing)
Grant2021-01-01GrantDt
Grant$900,232GrantAmt
Purpose Of GrantPromote Science Education & Science Fair PrgmsPurposeOfGrantTxt
Expended By Grantee$900,232ExpendedByGranteeAmt
Any Diversion By GranteeNoAnyDiversionByGranteeTxt
Dates Of Reports By GranteeVariousDatesOfReportsByGranteeTxt
Verification2021-01-01VerificationDt
Results Of VerificationExpenditures complied with the grant agreement, no exceptions were noted.ResultsOfVerificationTxt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal FeesCategoryTxt
Legal Fees$21,000LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$21,000DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescFiling Fees & Misc ExpDesc
Revenue And Expenses Per Books$4,646RevenueAndExpensesPerBooksAmt