Parallel axis thm says that about a point of rotation not the center of mass a distance d away from the center of mass
I=Icm+Md^2
For a hollow lead sphere
IH=2/3MR^2
and the moment of inertia about the center of mass for the balsa sphere is
Icm=2/5MR^2
So to set them equal to each other
IH=Icm+Md^2
2/3MR^2=2/5MR^2+Md^2
M(2/3R^2)=M(2/5R^2+d^2)
cancel out the M
d^2=(2/3−2/5)R^2
answer is \(\sqrt{4/15}\)