TY 2010 Form 990

- TIN:

Form990

Department of the Treasury
Internal Revenue Service

Return of Organization Exempt From Income Tax

Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except black lung benefit trust or private foundation)

The organization may have to use a copy of this return to satisfy state reporting requirements.

OMB No. 1545-0047

2010

Open to Public Inspection

A For the calendar year, or tax year beginning 07-01-2010 and ending 06-30-2011

BCheck if applicable: Address change Name change Initial return Terminated Amended return Application pending

CName of organization
TRUSTEES OF BOSTON UNIVERSITY

Doing Business As

Number and street (or P.O. box if mail is not delivered to street address)
881 COMMONWEALTH AVENUE 4TH Floor

Room/suite

City or town, state or country, and ZIP + 4
BOSTON, MA022151303

D Employer identification number

04-2103547

E Telephone number

G Gross receipts $ 2,369,116,963

F Name and address of principal officer:
ROBERT A BROWN PRESIDENT
ONE SILBER WAY
BOSTON,MA02215

Tax-exempt status: 501(c)(3) 501(c) ( ) LeftBullet

(insert no.) 4947(a)(1) or 527

Website:

http://www.bu.edu

H(a)

Is this a group return for
affiliates? Yes No

H(b)

Are all affiliates included?

Yes No

If "No," attach a list. (see instructions)

H(c)

Group exemption number MediumBullet

K Form of organization: Corporation Trust Association Other MediumBullet

L Year of formation: 1869

M State of legal domicile: MA

Part I

Summary

1	Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ....	3	41
4	Number of independent voting members of the governing body (Part VI, line 1b) ....	4	37
5	Total number of individuals employed in calendar year 2010 (Part V, line 2a) ...	5	25,429
6	Total number of volunteers (estimate if necessary) ....	6	1,600
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ..	7a	23,430,134
b	Net unrelated business taxable income from Form 990-T, line 34 ..	7b	-2,698,519

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	298,113,103	458,854,387
9	Program service revenue (Part VIII, line 2g) .........	1,460,454,119	1,440,442,188
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	91,052,204	99,030,431
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	35,806,543	36,779,602
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)...................	1,885,425,969	2,035,106,608
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	317,662,024	354,644,193
14	Benefits paid to or for members (Part IX, column (A), line 4) ....	0	0
15	Salaries, other compensation, employee benefits (Part IX, column (A), lines 5–10)	860,284,661	932,117,873
16a	Professional fundraising fees (Part IX, column (A), line 11e)....	139,176	126,945
b	Total fundraising expenses (Part IX, column (D), line 25) 19,160,898
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24f)....	512,317,951	461,915,985
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	1,690,403,812	1,748,804,996
19	Revenue less expenses. Subtract line 18 from line 12......	195,022,157	286,301,612
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16)............	3,925,721,370	4,228,025,731
21	Total liabilities (Part X, line 26)............	2,062,464,413	1,998,371,096
22	Net assets or fund balances. Subtract line 21 from line 20 .....	1,863,256,957	2,229,654,635

Part II

Signature Block

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 officer) is based on all information of which preparer has any knowledge.

Sign Here

	Signature of officer	Date

	Type or print name and title.

Paid Preparer's Use Only	Preparer's signature	Date	Check if self- employed	Preparer’s taxpayer identification number (see instructions)
	Firm’s name (or yours if self-employed), address, and ZIP + 4			EIN
				Phone no.

May the IRS discuss this return with the preparer shown above? (see instructions) ......... Yes No

For Privacy Act and Paperwork Reduction Act Notice, see the separate instructions.

Cat. No. 11282Y

Form 990 (2010)

Page 2

Part III

Statement of Program Service Accomplishments

Check if Schedule O contains a response to any question in this Part III . . . . . . . . . .

Briefly describe the organization’s mission: SEE SCHEDULE O

Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .................... Yes No

If “Yes,” describe these new services on Schedule O.

Did the organization cease conducting, or make significant changes in how it conducts, any program services? .......................... Yes No

If “Yes,” describe these changes on Schedule O.

Describe the exempt purpose achievements for each of the organization’s three largest program services by expenses.
Section 501(c)(3) and 501(c)(4) organizations and section 4947(a)(1) trusts are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.


4a	(Code: ) (Expenses $ 1,050,816,240 including grants of $ 292,421,635 ) (Revenue $ 1,068,068,112 )
	SEE SCHEDULE O

4b	(Code: ) (Expenses $ 223,596,569 including grants of $ 62,222,558 ) (Revenue $ 87,585,634 )
	research - What sets Boston University apart as a research university is the breadth and depth of its research and the uniquely entrepreneurial spirit of its faculty. Researchers at BU are not afraid to cross disciplinary boundaries, as can be seen by strategic efforts to support interdisciplinary research and education in neuroscience, religion and world affairs, integrative biology, clean energy, sustainability and the environment, health care delivery, and global health, to name a few. In each case, the emphasis is not on interdisciplinarity for its own sake, but on using a multifaceted approach to solve the important and complex problems facing society today.

4c	(Code: ) (Expenses $ 243,247,324 including grants of $ ) (Revenue $ 272,842,966 )
	Auxiliaries - Auxiliary enterprises support the mission of Boston University by providing essential services to the campus community. They are enterprises in that they are generally self-supporting activities, recovering their costs through the fees or prices they charge for their goods and services. At Boston University, auxiliary enterprises are designed to deliver superior quality services that are expected by the students, faculty, staff and alumni.

4d	Other program services. (Describe in Schedule O.)
	(Expenses $ 87,404,996 including grants of $ ) (Revenue $ 11,945,476 )
4e	Total program service expenses$ 1,605,065,129

Form 990 (2010)

Page 3

Part IV

Checklist of Required Schedules

Yes

Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule A Click to see attachment

.....................

Yes

Is the organization required to complete Schedule B, Schedule of Contributors? Click to see attachment

........

Yes

Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If “Yes,” complete Schedule C, Part I Click to see attachment

..........

Section 501(c)(3) organizations. Did the organization engage in lobbying activities? If “Yes,” complete Schedule C,
Part II Click to see attachment

.........................

Yes

Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If “Yes,” complete Schedule C, Part III........................

Did the organization maintain any donor advised funds or any similar funds or accounts where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If “Yes,” complete
Schedule D, Part I Click to see attachment

.......................

Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas or historic structures? If “Yes,” complete Schedule D, Part II Click to see attachment

...

Did the organization maintain collections of works of art, historical treasures, or other similar assets? If “Yes,” complete Schedule D, Part III Click to see attachment

....................

Yes

Did the organization report an amount in Part X, line 21; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If “Yes,”
complete Schedule D, Part IV Click to see attachment

...................

Did the organization, directly or through a related organization, hold assets in term, permanent,or quasi-endowments? If “Yes,” complete Schedule D, Part V Click to see attachment

Yes

If the organization’s answer to any of the following questions is ‘Yes,’ then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable:

Did the organization report an amount for land, buildings, and equipment in Part X, line10? If “Yes,” complete Schedule D, Part VI. Click to see attachment

11a

Yes

Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VII. Click to see attachment

11b

Yes

Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part VIII. Click to see attachment

11c

Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If “Yes,” complete Schedule D, Part IX. Click to see attachment

11d

Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part X. Click to see attachment

11e

Yes

Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If “Yes,” complete Schedule D, Part X. Click to see attachment

11f

12a

Did the organization obtain separate, independent audited financial statements for the tax year? If “Yes,” complete Schedule D, Parts XI, XII, and XIII Click to see attachment

12a

Was the organization included in consolidated, independent audited financial statements for the tax year? If “Yes,” and if the organization answered ‘No’ to line 12a, then completing Schedule D, Parts XI, XII, and XIII is optional Click to see attachment

12b

Yes

Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule E Click to see attachment

Yes

14a

Did the organization maintain an office, employees, or agents outside of the United States?....

14a

Yes

Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, and program service activities outside the United States? If “Yes,” complete Schedule F, Part I......... Click to see attachment

14b

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or assistance to any organization or entity located outside the U.S.? If “Yes,” complete Schedule F, Part II.. Click to see attachment

Yes

Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or assistance to individuals located outside the U.S.? If “Yes,” complete Schedule F, Part III.. Click to see attachment

Did the organization report a total of more than $15,000, of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If “Yes,” complete Schedule G, Part I Click to see attachment

Yes

Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If “Yes,” complete Schedule G, Part II.......... Click to see attachment

Yes

Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If “Yes,” complete Schedule G, Part III................... Click to see attachment

Form 990 (2010)

Page 4

Part IV

Checklist of Required Schedules (continued)

20a

Did the organization operate one or more hospitals? If “Yes,” complete Schedule H.....

20a

Did the organization attach its audited financial statement to this return? Note: All Form 990 filers that operate one or more hospitals must attach audited financial statements. .....

20b

Did the organization report more than $5,000 of grants and other assistance to governments and organizations in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.. Click to see attachment

Yes

Did the organization report more than $5,000 of grants and other assistance to individuals in the United States on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III..... Click to see attachment

Yes

Did the organization answer “Yes” to Part VII, Section A, questions 3, 4, or 5, about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If “Yes,” complete Schedule J................ Click to see attachment

Yes

24a

Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer questions 24b–24d and complete Schedule K. If “No,” go to line 25................ Click to see attachment

24a

Yes

Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...

24b

Yes

Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds?......................

24c

Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...

24d

25a

Section 501(c)(3) and 501(c)(4) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If “Yes,” complete Schedule L, Part I...... Click to see attachment

25a

Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If “Yes,” complete Schedule L, Part I................ Click to see attachment

25b

Was a loan to or by a current or former officer, director, trustee, key employee, highly compensated employee, or disqualified person outstanding as of the end of the organization’s tax year? If “Yes,” complete Schedule L,
Part II........................... Click to see attachment

Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor, or a grant selection committee member, or to a person related to such an individual? If “Yes,” complete Schedule L, Part III............... Click to see attachment

Was the organization a party to a business transaction with one of the following parties? (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):

A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV ......................... Click to see attachment

28a

A family member of a current or former officer, director, trustee, or key employee? If “Yes,”
complete Schedule L, Part IV................... Click to see attachment

28b

Yes

An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or owner? If “Yes,” complete Schedule L, Part IV.. Click to see attachment

28c

Yes

Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M Click to see attachment

Yes

Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If “Yes,” complete Schedule M............ Click to see attachment

Yes

Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I........................... Click to see attachment

Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II.......................

Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If “Yes,” complete Schedule R, Part I........ Click to see attachment

Yes

Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Parts II, III, IV, and V, line 1..................... Click to see attachment

Yes

Is any related organization a controlled entity within the meaning of section 512(b)(13)? .....

Yes

Did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If “Yes,” complete Schedule R, Part V, line 2... Click to see attachment

YesNo

Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If “Yes,” complete Schedule R, Part V, line 2........... Click to see attachment

Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If “Yes,” complete Schedule R, Part VI Click to see attachment

Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11 and 19? Note. All Form 990 filers are required to complete Schedule O. ............

Yes

Form 990 (2010)

Page 5

Part V

Statements Regarding Other IRS Filings and Tax Compliance

Check if Schedule O contains a response to any question in this Part V . . . . . . . . . .

Yes

Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable. .......

3,162

Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable.

Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................

Yes

Enter the number of employees reported on Form W-3, Transmittal of Wage and Tax Statements filed for the calendar year ending with or within the year covered by this return .....................

25,429

If at least one is reported on line 2a, did the organization file all required federal employment tax returns?

Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file. (see instructions)

Yes

Did the organization have unrelated business gross income of $1,000 or more during the year?.............................

Yes

If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....

Yes

At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account or securities account)?.......................

Yes

If "Yes," enter the name of the foreign country: MediumBullet

See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.

Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..

Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?

If “Yes” to line 5a or 5b, did the organization file Form 8886-T? ........

Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible?..........

If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................

Organizations that may receive deductible contributions under section 170(c).

Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor?....................

Yes

If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....

Yes

Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................

If “Yes,” indicate the number of Forms 8282 filed during the year ....

Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?..........................

Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..

If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?...................

If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?...............

Yes

Sponsoring organizations maintaining donor advised funds and section 509(a)(3) supporting organizations. Did the supporting organization, or a donor advised fund maintained by a sponsoring organization, have excess business holdings at any time during the year?................

Sponsoring organizations maintaining donor advised funds.

Did the organization make any taxable distributions under section 4966?.........

Did the organization make a distribution to a donor, donor advisor, or related person?......

Section 501(c)(7) organizations. Enter:

Initiation fees and capital contributions included on Part VIII, line 12 ...

10a

Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities

10b

Section 501(c)(12) organizations. Enter:

Gross income from members or shareholders .........

11a

Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ........

11b

12a

Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?

12a

If “Yes,” enter the amount of tax-exempt interest received or accrued during the year.

12b

Section 501(c)(29) qualified nonprofit health insurance issuers.

Is the organization licensed to issue qualified health plans in more than one state?
Note. All 501(c)(29) organizations must list in Schedule O each state in which they are licensed to issue qualified health plans, the amount of reserves required by each state, and the amount of reserves the organization allocated to each state.

13a

Enter the aggregate amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans.

13b

Enter the aggregate amount of reserves on hand.

13c

14a

Did the organization receive any payments for indoor tanning services during the tax year?.....

14a

If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..

14b

Form 990 (2010)

Page 6

Part VI

Governance, Management, and Disclosure For each “Yes” response to lines 2 through 7b below, and for a “No” response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.

Check if Schedule O contains a response to any question in this Part VI . . . . . . . . . .

Section A. Governing Body and Management

Yes

Enter the number of voting members of the governing body at the end of the tax year ..............

Enter the number of voting members included in line 1a, above, who are independent .................

Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................

Yes

Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? ..

Did the organization make any significant changes to its governing documents since the prior Form 990 was filed?

Did the organization become aware during the year of a significant diversion of the organization’s assets? .

Does the organization have members or stockholders? ................

Does the organization have members, stockholders, or other persons who may elect one or more members of the governing body? .........................

Are any decisions of the governing body subject to approval by members, stockholders, or other persons? ..

Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:

The governing body? .........................

Yes

Each committee with authority to act on behalf of the governing body? ............

Yes

Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If “Yes,” provide the names and addresses in Schedule O .....

Section B. Policies (This Section B requests information about policies not required by the Internal
Revenue Code.)

Yes

10a

Does the organization have local chapters, branches, or affiliates? ............

10a

If “Yes,” does the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with those of the organization? ....

10b

11a

Has the organization provided a copy of this Form 990 to all members of its governing body before filing the form?

11a

Yes

Describe in Schedule O the process, if any, used by the organization to review the Form 990. .....

12a

Does the organization have a written conflict of interest policy? If “No,” go to line 13.......

12a

Yes

Are officers, directors or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ...........................

12b

Yes

Does the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this is done ....................

12c

Yes

Does the organization have a written whistleblower policy? ...............

Yes

Does the organization have a written document retention and destruction policy? .........

Yes

Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?

The organization’s CEO, Executive Director, or top management official ...........

15a

Yes

Other officers or key employees of the organization ................

15b

Yes

If "Yes" to line a or b, describe the process in Schedule O. (See instructions.)

16a

Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................

16a

Yes

If “Yes,” has the organization adopted a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and taken steps to safeguard the organization’s exempt status with respect to such arrangements? ............

16b

Yes

Section C. Disclosure

List the States with which a copy of this Form 990 is required to be filed MediumBullet

Section 6104 requires an organization to make its Form 1023 (or 1024 if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you make these available. Check all that apply.

Own website Another's website Upon request

Describe in Schedule O whether (and if so, how), the organization makes its governing documents, conflict of interest policy, and financial statements available to the public.

State the name, physical address, and telephone number of the person who possesses the books and records of the organization: MediumBullet

GILLIAN EMMONS
881 COMMONWEALTH AVENUE 4TH FLOOR
BOSTON,MA022151303
(617) 353-2290

Form 990 (2010)

Page 7

Part VII

Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors

Check if Schedule O contains a response to any question in this Part VII . . . . . . . . . .

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees

1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet

List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation, and current key employees. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

List all of the organization’s current key employees, if any. See instructions for definition of "key employee."

List the organization’s five current highest compensated employees (other than an officer, director, trustee or key employee)
who received reportable compensation (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the
organization and any related organizations.

List all of the organization’s former officers, key employees, or highest compensated employees who received more than $100,000
of reportable compensation from the organization and any related organizations.

List all of the organization’s former directors or trustees that received, in the capacity as a former director or trustee of the
organization, more than $10,000 of reportable compensation from the organization and any related organizations.

List persons in the following order: individual trustees or directors; institutional trustees; officers; key employees; highest
compensated employees; and former such persons.

Check this box if neither the organization nor any related organizations compensated any current or former officer, director, or trustee.

(A) Name and Title	(B) Average hours per week (describe hours for related organizations in Schedule O)	(C) Position (check all that apply)		(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(1) Robert A Brown PRESIDENT	55.0	X	X	830,046	0	311,284
(2) Adam W Sweeting TRUSTEE	55.0	X		64,822	0	29,809
(3) ROBERT A KNOX TRUSTEE	3.0	X		0	0	0
(4) JOHN P HOWE III TRUSTEE	3.0	X		0	0	0
(5) JOHN L BATTAGLINO TRUSTEE	3.0	X		0	0	0
(6) PHILIP L BULLEN TRUSTEE	3.0	X		0	0	0
(7) FREDERICK H CHICOS TRUSTEE	3.0	X		0	0	0
(8) RICHARD D COHEN TRUSTEE	3.0	X		0	0	0
(9) JOHNATHAN R COLE TRUSTEE	3.0	X		0	0	0
(10) DAVID F D'ALESSANDRO TRUSTEE	3.0	X		0	0	0
(11) RICHARD B DEWOLFE TRUSTEE	3.0	X		0	0	0
(12) KENNETH J FELD TRUSTEE	3.0	X		0	0	0
(13) SIDNEY J FELTENSTEIN TRUSTEE	3.0	X		0	0	0
(14) RONALD G GARRIQUES TRUSTEE	3.0	X		0	0	0
(15) RICHARD C GODFREY TRUSTEE	3.0	X		0	0	0
(16) SUNGEUN HAN-ANDERSON TRUSTEE	3.0	X		0	0	0
(17) BAHAA R HARIRI TRUSTEE	3.0	X		0	0	0

Form 990 (2010)

Page 8

Part VII

Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)

(A) Name and Title	(B) Average hours per week (describe hours for related organizations in Schedule O)	(C) Position (check all that apply)					(D) Reportable compensation from the organization (W- 2/1099-MISC)	(E) Reportable compensation from related organizations (W- 2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(A) Name and Title
(18) ROBERT J HILDRETH TRUSTEE	3.0	X					0	0	0
(19) STEPHEN R KARP TRUSTEE	3.0	X					0	0	0
(20) RAJEN A KILACHAND TRUSTEE AS OF 09/16/10	3.0	X					0	0	0
(21) CLEVE L KILLINGSWORTH JR TRUSTEE	3.0	X					0	0	0
(22) ELAINE B KIRSHENBAUM TRUSTEE	3.0	X					0	0	0
(23) ANDREW R LACK TRUSTEE	3.0	X					0	0	0
(24) ERIC S LANDER TRUSTEE	3.0	X					0	0	0
(25) ALAN M LEVENTHAL TRUSTEE	3.0	X					0	0	0
(26) J KENNETH MENGES JR TRUSTEE	3.0	X					0	0	0
(27) CARLA E MEYER TRUSTEE	3.0	X					0	0	0
(28) PETER T PAUL TRUSTEE	3.0	X					0	0	0
(29) CA LANCE PICCOLO TRUSTEE	3.0	X					0	0	0
(30) CHRISTINE A POON TRUSTEE	3.0	X					0	0	0
(31) STUART W PRATT TRUSTEE	3.0	X					0	0	0
(32) ALLEN I QUESTROM TRUSTEE	3.0	X					0	0	0
(33) RICHARD D REIDY TRUSTEE	3.0	X					0	0	0
(34) SHARON G RYAN TRUSTEE	3.0	X					0	0	0
(35) RICHARD C SHIPLEY TRUSTEE	3.0	X					0	0	0
(36) HUGO X SHONG TRUSTEE	3.0	X					0	0	0
(37) BIPPY M SIEGAL TRUSTEE	3.0	X					0	0	0
(38) NINA C TASSLER TRUSTEE	3.0	X					0	0	0
(39) ANDREW L TAYLOR TRUSTEE	3.0	X					0	0	0
(40) PETER D WEAVER TRUSTEE	3.0	X					0	0	0
(41) STEPHEN M ZIDE TRUSTEE AS OF 09/16/10	3.0	X					0	0	0
(42) Martin J Howard VP, CFO & TREASURER	55.0		X				381,701	0	92,073
(43) Todd L C Klipp VP, GEN COUNSEL & SECRETARY	55.0		X				467,915	0	61,359
(44) Joseph P Mercurio EXECUTIVE VICE PRESIDENT	55.0			X			687,203	0	292,505
(45) David K Campbell UNIVERSITY PROVOST	55.0			X			526,140	0	223,184
(46) Jean Morrison UNIVERSITY PROVOST	55.0			X			54,543	0	18,183
(47) Karen H Antman MEDICAL PROVOST	55.0			X			650,853	0	33,862
(48) Jon Westling PROFESSOR & President Emeritus	40.0				X		2,336,925	0	33,968
(49) Robert Poston Professor & Physician	55.0				X		2,167,472	0	42,168
(50) Jeffrey H Spiegel Professor & Physician	55.0				X		1,739,722	0	50,142
(51) Timothy E Foster Professor & Physician	55.0				X		1,165,380	0	55,000
(52) James M Becker Professor & Physician	55.0				X		990,684	0	50,271
(53) Aram V Chobanian PROFESSOR & President Emeritus	40.0					X	303,218	0	53,109
(54) KENNETH G CONDON FORMER VP & TREASURER	0.0					X	223,623	0	28,976

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)............	12,590,247	0	1,375,893

Total number of individuals (including but not limited to those listed above) who received more than $100,000 in reportable compensation from the organization MediumBullet

2,160

Yes

Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If “Yes,” complete Schedule J for such individual .............

Yes

For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If “Yes,” complete Schedule J for such individual...........................

Yes

Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If “Yes,” complete Schedule J for such person .....

Section B. Independent Contractors

Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization.

(A) Name and business address	(B) Description of services	(C) Compensation
EMBANET COMPASS 225 SPARKS AVENUE TORONTO,ONM2H 2S5 CA	GENERAL CONTRACTOR	9,849,456
BOND BROTHERS INC 145 SPRING STREET EVERETT,MA02149	GENERAL CONTRACTOR	5,856,330
JK BLACKSTONE 40 L STREET BOSTON,MA02127	GENERAL CONTRACTOR	3,229,144
THE WELCH GROUP LLC 3940 MONCLAIR ROAD 5TH FLOOR BIRMINGHAM,AL35213	GENERAL CONTRACTOR	3,115,139
BRUNERCOTT ASSOCIATES INC 130 PROSPECT STREET CAMBRIDGE,MA02139	GENERAL CONTRACTOR	2,920,359
2 Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 in compensation from the organization 237

Form 990 (2010)

Page 9

Part VIII

Statement of Revenue

				(A) Total revenue	(B) Related or exempt function revenue	(C) Unrelated business revenue	(D) Revenue excluded from tax under sections 512, 513, or 514
1a	Federated campaigns..1a
b	Membership dues....1b
c	Fundraising events....1c		565,154
d	Related organizations...1d
e	Government grants (contributions)1e		312,775,487

f	All other contributions, gifts, grants, and similar amounts not included above1f		145,513,746
g	Noncash contributions included in lines 1a-1f:$ 5,173,097
h	Total. Add lines 1a-1f.......			458,854,387
			Business Code
2a	TUITION AND FEES		900,099	1,068,068,112	1,068,068,112
b	AUX SALES & SERVICES		900,099	284,788,442	284,788,442
c	NON-GOVERNMENT GRANTS		900,099	87,585,634	87,585,634
d
e
f	All other program service revenue .
g	Total. Add lines 2a–2f........			1,440,442,188
3	Investment income (including dividends, interest
	and other similar amounts).....			42,809,047			42,809,047
4	Income from investment of tax-exempt bond proceeds..			135,270			135,270
5	Royalties............			2,284,135			2,284,135
		(i) Real	(ii) Personal
6a	Gross Rents	57,477,866
b	Less: rental expenses	48,605,346
c	Rental income or (loss)	8,872,520
d	Net rental income or (loss).......			8,872,520			8,872,520
		(i) Securities	(ii) Other
7a	Gross amount from sales of assets other than inventory	340,944,177
b	Less: cost or other basis and sales expenses	282,665,250	2,192,813
c	Gain or (loss)	58,278,927	-2,192,813
d	Net gain or (loss)..........			56,086,114		-2,192,813	58,278,927
8a	Gross income from fundraising events (not including $ 565,154 of contributions reported on line 1c). See Part IV, line 18 ...
	a		546,946
b	Less: direct expenses ...b		546,946
c	Net income or (loss) from fundraising events..			0
9a	Gross income from gaming activities. See Part IV, line 19 ...
	a
b	Less: direct expenses ...b
c	Net income or (loss) from gaming activities...			0
10a	Gross sales of inventory, less returns and allowances .
	a
b	Less: cost of goods sold ..b
c	Net income or (loss) from sales of inventory..			0
Miscellaneous Revenue			Business Code
11a	ATHLETIC RENTALS		713,940	8,644,406		8,644,406
b	HOTEL OPERATIONS		721,110	11,281,215		11,281,215
c	RESTAURANT OPERATIONS		722,100	4,062,492		4,062,492
d	All other revenue ....			1,634,834		1,634,834
e	Total. Add lines 11a–11d ......			25,622,947
12	Total revenue. See Instructions....			2,035,106,608	1,440,442,188	23,430,134	112,379,899

Form 990 (2010)

Page 10

Part IX

Statement of Functional Expenses

Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A) but are not required to complete columns (B), (C), and (D).

Do not include amounts reported on lines 6b, 7b, 8b, 9b, and 10b of Part VIII.		(A) Total expenses	(B) Program service expenses	(C) Management and general expenses	(D) Fundraising expenses
1	Grants and other assistance to governments and organizations in the U.S. See Part IV, line 21	32,817,508	32,817,508
2	Grants and other assistance to individuals in the U.S. See Part IV, line 22	319,412,425	319,412,425
3	Grants and other assistance to governments, organizations, and individuals outside the U.S. See Part IV, lines 15 and 16	2,414,260	2,414,260
4	Benefits paid to or for members	0
5	Compensation of current officers, directors, trustees, and key employees ....	4,732,336	4,343,370	337,116	51,850
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ....	409,736	409,736
7	Other salaries and wages	692,491,078	623,317,612	59,104,174	10,069,292
8	Pension plan contributions (include section 401(k) and section 403(b) employer contributions) ....	57,878,573	52,107,382	4,931,499	839,692
9	Other employee benefits .......	125,551,602	113,032,594	10,697,527	1,821,481
10	Payroll taxes ...........	51,054,548	45,963,794	4,350,063	740,691
11	Fees for services (non-employees):
a	Management ......	0
b	Legal .........	2,436,224		2,436,224
c	Accounting ...........	1,030,281		1,030,281
d	Lobbying ...........	1,066,813	1,066,813
e	Professional fundraising. See Part IV, line 17..	126,945			126,945
f	Investment management fees ......	2,562,798		2,562,798
g	Other ..........	30,730,093	28,204,289	2,189,108	336,696
12	Advertising and promotion ....	2,235,482	2,235,482
13	Office expenses .......	59,541,910	50,913,749	6,695,342	1,932,819
14	Information technology ......	22,925,499	21,007,970	1,917,529
15	Royalties ..	859,497	859,497
16	Occupancy ...........	155,838,146	140,223,820	14,080,582	1,533,744
17	Travel ............	22,769,502	21,033,727	900,611	835,164
18	Payments of travel or entertainment expenses for any federal, state, or local public officials ......	0
19	Conferences, conventions, and meetings ....	19,023,238	15,396,843	2,818,049	808,346
20	Interest ...........	0
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization .....	82,757,646	81,102,493	1,655,153
23	Insurance ..............	4,301,868	2,038,651	2,238,581	24,636
24	Other expenses. Itemize expenses not covered above. (Expenses grouped together and labeled miscellaneous may not exceed 5% of total expenses shown on line 25 below.)
a	NET CONTRACTED SERVICES	18,380,586	12,681,567	5,699,019
b	BOOKS AND PERIODICALS	11,850,037	11,704,233	134,115	11,689
c	DUES & MEMBERSHIPS, BANK FEES	4,650,594	3,821,543	801,198	27,853
d	PATIENT SERVICES	1,580,745	1,580,745
e	RESEARCH & LABORATORY SUPPLIES	17,375,026	17,375,026
f	All other expenses
25	Total functional expenses. Add lines 1 through 24f	1,748,804,996	1,605,065,129	124,578,969	19,160,898
26	Joint costs. Check here if following SOP 98-2 (ASC 958-720). Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation

Form 990 (2010)

Page 11


				(A) Beginning of year		(B) End of year
1	Cashnon-interest-bearing ..........				1
2	Savings and temporary cash investments .......			570,951,455	2	621,096,722
3	Pledges and grants receivable, net .........			125,880,532	3	96,964,949
4	Accounts receivable, net .........			107,889,449	4	147,432,441
5	Receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
	Schedule L ..........				5
6	Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B). Complete Part II of
	Schedule L ..........				6
7	Notes and loans receivable, net .............			3,964,266	7	5,521,000
8	Inventories for sale or use ..............				8
9	Prepaid expenses and deferred charges ............			78,261,892	9	83,758,881
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	2,887,983,452
b	Less: accumulated depreciation. .....	10b	979,853,678	1,843,863,315	10c	1,908,129,774
11	Investments—publicly traded securities ..........			354,850,345	11	430,279,974
12	Investments—other securities. See Part IV, line 11 ......			840,060,116	12	934,841,990
13	Investments—program-related. See Part IV, line 11 ..				13
14	Intangible assets .........				14
15	Other assets. See Part IV, line 11 ...........				15
16	Total assets. Add lines 1 through 15 (must equal line 34)...			3,925,721,370	16	4,228,025,731
17	Accounts payable and accrued expenses .			504,767,130	17	520,229,889
18	Grants payable ..........				18
19	Deferred revenue ..........			102,148,763	19	115,852,018
20	Tax-exempt bond liabilities ..........			918,300,000	20	916,600,000
21	Escrow or custodial account liability. Complete Part IV of Schedule D..				21
22	Payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
	persons. Complete Part II of Schedule L..........				22
23	Secured mortgages and notes payable to unrelated third parties ..			300,742,721	23	301,685,376
24	Unsecured notes and loans payable to unrelated third parties ....				24
25	Other liabilities. Complete Part X of Schedule D.....			236,505,799	25	144,003,813
26	Total liabilities. Add lines 17 through 25.....			2,062,464,413	26	1,998,371,096
	Organizations that follow SFAS 117, check here and complete lines 27 through 29, and lines 33 and 34.
27	Unrestricted net assets .....			1,076,871,169	27	1,250,365,599
28	Temporarily restricted net assets .....			422,002,286	28	590,650,931
29	Permanently restricted net assets .....			364,383,502	29	388,638,105
	Organizations that do not follow SFAS 117, check here and complete lines 30 through 34.
30	Capital stock or trust principal, or current funds .....				30
31	Paid-in or capital surplus, or land, building or equipment fund .....				31
32	Retained earnings, endowment, accumulated income, or other funds				32
33	Total net assets or fund balances .....			1,863,256,957	33	2,229,654,635
34	Total liabilities and net assets/fund balances .....			3,925,721,370	34	4,228,025,731

Form 990 (2010)

Page 12

Part XI

Reconcilliation of Net Assets

Check if Schedule O contains a response to any question in this Part XI . . . . . . . . . .

Total revenue (must equal Part VIII, column (A), line 12) . . .

2,035,106,608

Total expenses (must equal Part IX, column (A), line 25) . . . . .

1,748,804,996

Revenue less expenses. Subtract line 2 from line 1 . . . .

286,301,612

Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) . .

1,863,256,957

Other changes in net assets or fund balances (explain in Schedule O) . . . .

80,096,066

Net assets or fund balances at end of year. Combine lines 3, 4, and 5 (must equal Part X, line 33, column (B)) . . . . . .

2,229,654,635

Part XII

Financial Statements and Reporting

Check if Schedule O contains a response to any question in this Part XII . . . . . . . . . .

Yes

Accounting method used to prepare the Form 990: Cash Accrual Other
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.

Were the organization’s financial statements compiled or reviewed by an independent accountant?..

Were the organization’s financial statements audited by an independent accountant?........

Yes

If “Yes,” to 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O............................

Yes

If “Yes” to line 2a or 2b, check a box below to indicate whether the financial statements for the year were issued on a separate basis, consolidated basis, or both:

Separate basis Consolidated basis Both consolidated and separated basis

As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133? ................

Yes

If “Yes,” did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits. ..

Yes

Form 990 (2010)

Additional Data

Software ID:
Software Version:

Form 990, Special Condition Description:

Special Condition Description

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

Complete if the organization is a section 501(c)(3) organization or a section
4947(a)(1) nonexempt charitable trust.

Attach to Form 990 or Form 990-EZ. right arrow

See separate instructions.

OMB No. 1545-0047

2010

Open to Public
Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

Reason for Public Charity Status (All organizations must complete this part.) See instructions

The organization is not a private foundation because it is: (For lines 1 through 11, check only one box.)

A church, convention of churches, or association of churches. section 170(b)(1)(A)(i).

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E.)

A hospital or a cooperative hospital service organization described in section 170(b)(1)(A)(iii).

A medical research organization operated in conjunction with a hospital described in section 170(b)(1)(A)(iii). Enter the hospital's name, city, and state:

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in

section 170(b)(1)(A)(iv). (Complete Part II.)

A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v).

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in

section 170(b)(1)(A)(vi). (Complete Part II.)

A community trust described in section 170(b)(1)(A)(vi). (Complete Part II.)

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross

receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of

its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses

acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

An organization organized and operated exclusively to test for public safety. Seesection 509(a)(4).

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box that describes the type of supporting organization and complete lines 11e through 11h.

Type I

Type II

Type III - Functionally integrated

Type III - Other

By checking this box, I certify that the organization is not controlled directly or indirectly by one or more disqualified persons other than foundation managers and other than one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2).

If the organization received a written determination from the IRS that it is a Type I, Type II or Type III supporting organization, check this box ..................................................

Since August 17, 2006, has the organization accepted any gift or contribution from any of the
following persons?

(i) a person who directly or indirectly controls, either alone or together with persons described in (ii)

Yes

and (iii) below, the governing body of the the supported organization? ................

11g(i)

(ii) a family member of a person described in (i) above? ......................

11g(ii)

(iii) a 35% controlled entity of a person described in (i) or (ii) above? ................

11g(iii)

Provide the following information about the supported organization(s).

(i) Name of supported organization	(ii) EIN	(iv) Is the organization in col. (i) listed in your governing document?		(v) Did you notify the organization in col. (i) of your support?		(vi) Is the organization in col. (i) organized in the U.S.?		(vii) Amount of support?
(i) Name of supported organization	(ii) EIN	Yes	No	Yes	No	Yes	No	(vii) Amount of support?


Total

For Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2010

Page 2

Part II

Support Schedule for Organizations Described in IRC 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi)
(Complete only if you checked the box on line 5, 7, or 8 of Part I or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year(or fiscal year beginning in)		(a) 2006	(b) 2007	(c) 2008	(d) 2009	(e) 2010	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") ....
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf.......
3	The value of services or facilities furnished by a governmental unit to the organization without charge..
4	Total. Add lines 1 through 3..
5	The portion of total contributions by each person (other than a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column (f)..
6	Public Support. Subtract line 5 from line 4.

Section B. Total Support

Calendar year(or fiscal year beginning in)		(a) 2006	(b) 2007	(c) 2008	(d) 2009	(e) 2010	(f) Total
7	Amounts from line 4..
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
9	Net income from unrelated business activities, whether or not the business is regularly carried on..
10	Other income. (Explain in Part IV.) Do not include gain or loss from the sale of capital assets..
11	Total support (Add lines 7 through 10).

Gross receipts from related activities, etc. (See instructions.) ..................

First Five Years If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a 501(c)(3) organization,
check this box and stop here.......................................... right arrow

Section C. Computation of Public Support Percentage

Public Support Percentage for 2010 (line 6 column (f) divided by line 11 column (f)) .........

Public Support Percentage for 2009 Schedule A, Part II, line 14 ...............

16a

33 1/3% support test—2010. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ...................... right arrow

33 1/3% support test—2009. If the organization did not check the box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2010. If the organization did not check a box on line 13, 16a, or 16b and line 14
is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here. Explain
in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly supported
organization .................................................. right arrow

10%-facts-and-circumstances test—2009. If the organization did not check a box on line 13, 16a, 16b, or 17a and line
15 is 10% or more, and if the organization meets the "facts and circumstances" test, check this box and stop here.
Explain in Part IV how the organization meets the "facts and circumstances" test. The organization qualifies as a publicly
supported organization .............................................. right arrow

Private Foundation If the organization did not check a box on line 13, 16a, 16b, 17a or 17b, check this box and see
instructions ................................................... right arrow

Schedule A (Form 990 or 990-EZ) 2010

Page 3

Part III

Support Schedule for Organizations Described in IRC 509(a)(2)
(Complete only if you checked the box on line 9 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year(or fiscal year beginning in)		(a) 2006	(b) 2007	(c) 2008	(d) 2009	(e) 2010	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose......
3	Gross receipts from activities that are not an unrelated trade or business under section 513..
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge..
6	Total. Add lines 1 through 5.
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons...
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public Support (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2006	(b) 2007	(c) 2008	(d) 2009	(e) 2010	(f) Total
9	Amounts from line 6...
10a	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources..
b	Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975.
c	Add lines 10a and 10b.
11	Net income from unrelated business activities not included in line 10b, whether or not the business is regularly carried on.
12	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)
13	Total support (Add lines 9, 10c, 11 and 12.).

Section C. Computation of Public Support Percentage

Public Support Percentage for 2010 (line 8 column (f) divided by line 13 column (f)) .........

Public support percentage from 2009 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2010 (line 10c column (f) divided by line 13 column (f)) ......

Investment income percentage from 2009 Schedule A, Part III, line 17 .............

19a

33 1/3% support tests—2010. If the organization did not check the box on line 14, and line 15 is more than 33 1/3% and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .......... right arrow

33 1/3% support tests—2009. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

Private Foundation If the organization did not check a box on line 14, 19a or 19b, check this box and see instructions ..... right arrow

Schedule A (Form 990 or 990-EZ) 2010

Page 4

Part IV

Supplemental Information. Supplemental Information. Complete this part to provide the explanation required by Part II, line 10; Part II, line 17a or 17b; or Part III, line 12. Also complete this part for any additional information. (See instructions).

Facts And Circumstances Test

Explanation

Schedule A (Form 990 or 990-EZ) 2010

Additional Data

Software ID:
Software Version:

- TIN:

Schedule B
(Form 990, 990-EZ,
or 990-PF)

Department of the Treasury
Internal Revenue Service

Schedule of Contributors

Attach to Form 990, 990-EZ, or 990-PF.

OMB No. 1545-0047

2010

Name of organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Organization type (check one):

Filers of:

Section:

Form 990 or 990-EZ

501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization

Form 990-PF

501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation

Check if your organization is covered by the General Rule or a Special Rule.
Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.

General Rule

For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, $5,000 or more (in money or
property) from any one contributor. Complete Parts I and II.

Special Rules

For a section 501(c)(3) organization filing Form 990 or 990-EZ, that met the 33¹/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), and received from any one contributor, during the year, a contribution of the
greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, aggregate contributions of more than $1,000 for use exclusively for religious, charitable,
scientific, literary, or educational purposes, or the prevention of cruelty to children or animals. Complete Parts I, II, and
III.

For a section 501(c)(7), (8), or (10) organization filing Form 990, or 990-EZ, that received from any one contributor,
during the year, contributions for use exclusively for religious, charitable, etc., purposes, but these contributions did
not aggregate to more than $1,000. If this box is checked, enter here the total contributions that were received during
the year for an exclusively religious, charitable, etc., purpose. Do not complete any of the parts unless the General Rule
applies to this organization because it received nonexclusively religious, charitable, etc., contributions of $5,000 or more
during the year. ......................... Arrow Bullet

Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).

For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.

Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization TRUSTEES OF BOSTON UNIVERSITY
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part I
Part I	Contributors (see Instructions)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
RESTRICTED	RESTRICTED RESTRICTED RESTRICTED RESTRICTED, RESTRICTED RESTRICTED	$RESTRICTED	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
(a) No.	(b) Name, address, and ZIP + 4	(c) Aggregate contributions	(d) Type of contribution
		$	Person Payroll Noncash (Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Name of organization TRUSTEES OF BOSTON UNIVERSITY
Schedule B (Form 990, 990-EZ, or 990-PF) (2010) Page 1 of 1 of Part II
Part II	Noncash Property (see Instructions)
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
(a) No. from Part I	(b) Description of noncash property given	(c) FMV (or estimate) (see instructions)	(d) Date received
		$
Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Page 1 of 1 of Part III

Name of organization
TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part III

Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

(a) No.
from
Part I

(b)
Purpose of gift

(d)
Description of how gift is held

(e) Transfer of gift
Transferee's name, address, and ZIP 4	Relationship of transferor to transferee

Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

For Organizations Exempt From Income Tax Under section 501(c) and section 527
SchCMd Bullet

Complete if the organization is described below.
SchCMd Bullet

Attach to Form 990 or Form 990-EZ. SchCMd Bullet

See separate instructions.

OMB No. 1545-0047

2010

Open to Public
Inspection

If the organization answered “Yes,” to Form 990, Part IV, Line 3, or Form 990-EZ, Part V, line 46 (Political Campaign Activities), then
Round Bullet

Section 501(c)(3) organizations: Complete Parts I-A and B. Do not complete Part I-C.
Round Bullet

Section 501(c) (other than section 501(c)(3)) organizations: Complete Parts I-A and C below. Do not complete Part I-B.
Round Bullet

Section 527 organizations: Complete Part I-A only.
If the organization answered “Yes,” to Form 990, Part IV, Line 4, or Form 990-EZ, Part VI, line 47 (Lobbying Activities), then
Round Bullet

Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A. Do not complete Part II-B.
Round Bullet

Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)): Complete Part II-B. Do not complete Part II-A.
If the organization answered “Yes,” to Form 990, Part IV, Line 5 (Proxy Tax) or Form 990-EZ, Part V, line 35a (Proxy Tax), then
Round Bullet

Section 501(c)(4), (5), or (6) organizations: Complete Part III.

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I-A

Complete if the organization is exempt under section 501(c) or is a section 527 organization.

Provide a description of the organization's direct and indirect political campaign activities on behalf of or in opposition to candidates for public office in Part IV.

Political expenditures .................................... SchCMd Bullet

Volunteer hours ........................................

Part I-B

Complete if the organization is exempt under section 501(c)(3).

Enter the amount of any excise tax incurred by the organization under section 4955 ......... SchCMd Bullet

Enter the amount of any excise tax incurred by organization managers under section 4955 ...... SchCMd Bullet

If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............

Yes No

Was a correction made? .........................................

Yes No

If "Yes," describe in Part IV.

Part I-C

Complete if the organization is exempt under section 501(c) except section 501(c)(3).

Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet

Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt funtion activities .................................... SchCMd Bullet

Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b.. SchCMd Bullet

Did the filing organization file Form 1120-POL for this year? ..........................

Yes No

Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.

For Privacy Act and Paperwork Reduction Act Notice, see the instructions for Form 990.

Cat. No. 50084S

Schedule C (Form 990 or 990-EZ) 2010

Page 2

Part II-A

Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)).

A Check if the filing organization belongs to an affiliated group.
B Check if the filing organization checked box A and "limited control" provisions apply.

Limits on Lobbying Expenditures (The term "expenditures" means amounts paid or incurred.)		(b) Affiliated Group Totals
1a	Total lobbying expenditures to influence public opinion (grass roots lobbying) ......
b	Total lobbying expenditures to influence a legislative body (direct lobbying) .......
c	Total lobbying expenditures (add lines 1a and 1b) ...................
d	Other exempt purpose expenditures ........................
e	Total exempt purpose expenditures (add lines 1c and 1d) ...............
f	Lobbying nontaxable amount. Enter the amount from the following table in both columns.
	If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
	Not over $500,00020% of the amount on line 1e.
	Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
	Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
	Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
	Over $17,000,000$1,000,000.

g	Grassroots nontaxable amount (enter 25% of line 1f) .................
h	Subtract line 1g from line 1a. If zero or less, enter -0-. ................
i	Subtract line 1f from line 1c. If zero or less, enter -0-. ................
j	If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting section 4911 tax for this year? ......................................	Yes No

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the instructions for lines 2a through 2f on page 4.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2007	(b) 2008	(c) 2009	(d) 2010	(e) Total

2a	Lobbying non-taxable amount

b	Lobbying ceiling amount (150% of line 2a, column(e))

c	Total lobbying expenditures

d	Grassroots non-taxable amount

e	Grassroots ceiling amount (150% of line 2d, column (e))

f	Grassroots lobbying expenditures

Schedule C (Form 990 or 990-EZ) 2010

Page 3

Part II-B

Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)).

(a)

Yes

(b)

Amount

During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:

Volunteers? .........................................

Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....

Yes

Media advertisements? ....................................

Mailings to members, legislators, or the public? .........................

Publications, or published or broadcast statements? .......................

Grants to other organizations for lobbying purposes? .......................

Direct contact with legislators, their staffs, government officials, or a legislative body? ........

Yes

1,066,813

Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......

Other activities? If "Yes," describe in Part IV ..........................

Yes

Total. lines 1c through 1i ...................................

1,066,813

Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....

If "Yes," enter the amount of any tax incurred under section 4912 .................

If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....

If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? .......

Part III-A

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).

Yes

Were substantially all (90% or more) dues received nondeductible by members? ................

Did the organization make only in-house lobbying expenditures of $2,000 or less? ................

Did the organization agree to carryover lobbying and political expenditures from the prior year? ..........

Part III-B

Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) if BOTH Part III-A, lines 1 and 2 are answered “No” OR if Part III-A, line 3 is answered “Yes”.

Dues, assessments and similar amounts from members .....................

Section 162(e) non-deductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).

Current year .........................................

Carryover from last year ....................................

Total ...........................................

Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .

If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ................................

Taxable amount of lobbying and political expenditures (see instructions) ..............

Part IV

Supplemental Information

Complete this part to provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; and Part ll-B, line 1i.
Also, complete this part for any additional information.

Identifier	Return Reference	Explanation
LOBBYING ACTIVITY EXPLANATION	SCHEDULE C, PART II-B, line 1	THE UNIVERSITY DID NOT PARTICIPATE OR INTERVENE IN ANY POLITICAL CAMPAIGNS. THE MAJORITY OF THE AMOUNT REPORTED REPRESENTS PAYMENTS TO A CONSULTANT WHO ACTS AS THE UNIVERSITY'S WASHINGTON, D.C., REPRESENTATIVe, MONITORING PROPOSED AND ENACTED LEGISLATION AND OTHER GOVERNMENTAL DEVELOPMENTS OF INTEREST TO AND/OR AFFECTING THE UNIVERSITY. IN ADDITION, THE CONSULTANT IS A DEVELOPMENT, GOVERNMENTAL RELATIONS, AND PUBLIC RELATIONS ADVISOR, AND SERVES AS A LIAISON BETWEEN THE UNIVERSITY AND VARIOUS GOVERNMENT OFFICIALS. THE UNIVERSITY ALSO Has ONE STAFF MEMBER WHO HAS RESPONSIBILITY FOR MONITORING LEGISLATION and GOVERNMENTAL DEVELOPMENTS OF INTEREST TO AND/OR AFFECTING THE UNIVERSITY on THE STATE LEVEL. THE UNIVERSITY FILES SEMIANNUAL REPORTS WITH THE COMMONWEALTH OF MASSACHUSETTS DETAILING THESE ACTIVITIES AND EXPENSES. it IS POSSIBLE THAT OTHER INDIVIDUALS MAY HAVE SPENT AN INSUBSTANTIAL PORTION OF THEIR TIME ON LEGISLATIVE MATTERS OF DIRECT CONCERN TO HIGHer EDUCATION AND MAY HAVE INCURRED INSUBSTANTIAL EXPENSES FOR POSTAGe AND/OR SUPPLIES. Boston University pays dues to various membership organizations in an effort to stay current on a wide variety of academic and administrative topics. The possibility exists that one or more of these membership organizations conduct lobbying activities on behalf of their members. however, Boston University does not directly participate in these lobbying activities.

Schedule C (Form 990 or 990EZ) 2010

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11, or 12.
SchDMd Bullet

Attach to Form 990. SchDMd Bullet

See separate instructions.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" to Form 990, Part IV, line 6.

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .......
2	Aggregate contributions to (during year) ...
3	Aggregate grants from (during year) ...
4	Aggregate value at end of year .......

Did the organization inform all donors and donor advisors in writing that the assets held in donor advised
funds are the organization's property, subject to the organization's exclusive legal control? ............

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds may be
used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit. ...................................

Yes No

Part II

Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.

Purpose(s) of conservation easements held by the organization (check all that apply).

Preservation of land for public use (e.g., recreation or pleasure) Preservation of an historically importantly land area

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

Complete lines 2a–2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.


a	Total number of conservation easements .......................	2a
b	Total acreage restricted by conservation easements ..................	2b
c	Number of conservation easements on a certified historic structure included in (a) .....	2c
d	Number of conservation easements included in (c) acquired after 8/17/06 ........	2d

Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the taxable year SchDMd Bullet

Number of states where property subject to conservation easement is located SchDMd Bullet

Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................

Yes No

Staff and volunteer hours devoted to monitoring, inspecting and enforcing conservation easements during the year SchDMd Bullet

Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year SchDMd Bullet

Does each conservation easement reported on line 2(d) above satisfy the requirements of section
170(h)(4)(B)(i) and 170(h)(4)(B)(ii)? ....................................

Yes No

In Part XIV, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" to Form 990, Part IV, line 8.

If the organization elected, as permitted under SFAS 116, not to report in its revenue statement and balance sheet works of
art, historical treasures, or other similar assets held for public exhibition, education or research in furtherance of public service,
provide, in Part XIV, the text of the footnote to its financial statements that describes these items.

If the organization elected, as permitted under SFAS 116, to report in its revenue statement and balance sheet works of art,
historical treasures, or other similar assets held for public exhibition, education, or research in furtherance of public service,
provide the following amounts relating to these items:

(i)

Revenues included in Form 990, Part VIII, line 1 ........................ SchDMd Bullet

(ii)

Assets included in Form 990, Part X .............................. SchDMd Bullet

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under SFAS 116 relating to these items:

Revenues included in Form 990, Part VIII, line 1 .......................... SchDMd Bullet

$ 0

Assets included in Form 990, Part X ............................... SchDMd Bullet

$ 0

For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990

Cat. No. 52283D

Schedule D (Form 990) 2010

Page 2

Part III

Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)

Using the organization’s accession and other records, check any of the following that are a significant use of its collection
items (check all that apply):

Public exhibition

Loan or exchange programs

Scholarly research

Other EDUCATION

Preservation for future generations

Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIV.

During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?........

Yes No

Part IV

Escrow and Custodial Arrangements. Complete if the organization answered "Yes" to Form 990,
Part IV, line 9, or reported an amount on Form 990, Part X, line 21.

Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................

Yes No

If "Yes," explain the arrangement in Part XIV and complete the following table:


c	Beginning balance .................................	1c
d	Additions during the year ..............................	1d
e	Distributions during the year .............................	1e
f	Ending balance ...................................	1f

Did the organization include an amount on Form 990, Part X, line 21? .....................

Yes No

If “Yes,” explain the arrangement in Part XIV.

Part V

Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.

		(a)Current Year	(b)Prior Year	(c)Two Years Back
1a	Beginning of year balance ....	967,889,613	869,769,410	1,085,438,014
b	Contributions ........	26,665,624	22,384,929	9,436,757
c	Investment earnings or losses ...	181,672,889	105,788,254	-196,408,297
d	Grants or scholarships .....	11,414,768	10,134,298	9,992,733
e	Other expenditures for facilities and programs ........	15,509,591	14,942,542	13,452,024
f	Administrative expenses ....	5,393,785	4,976,140	5,252,307
g	End of year balance ......	1,143,909,982	967,889,613	869,769,410

Provide the estimated percentage of the year end balance held as:

Board designated or quasi-endowment: SchDMd Bullet

38.000 %

Permanent endowment: SchDMd Bullet

34.000 %

Term endowment: SchDMd Bullet

28.000 %

Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes

(i) unrelated organizations ........................

3a(i)

(ii) related organizations ........................

3a(ii)

If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........

Describe in Part XIV the intended uses of the organization's endowment funds.

Part VI

InvestmentsLand, Buildings, and Equipment. See Form 990, Part X, line 10.

Description of investment		(a) Cost or other basis (investment)	(b)Cost or other basis (other)	(c) Accumulated depreciation	(d) Book value
1a	Land .................	16,365,597	66,565,422		82,931,019
b	Buildings ................	123,254,166	2,183,697,485	692,509,013	1,614,442,638
c	Leasehold improvements ............	25,693,743	42,475,227	31,377,853	36,791,117
d	Equipment ................		267,757,223	133,117,748	134,639,475
e	Other .................		162,174,589	122,849,064	39,325,525
Total. Add lines 1a-1e. (Column (d) should equal Form 990, Part X, column (B), line 10(c).)........					1,908,129,774

Schedule D (Form 990) 2010

Page 3

Part VII

InvestmentsOther Securities. See Form 990, Part X, line 12.

(a) Description of security or category (including name of security)	(b)Book value	(c) Method of valuation: Cost or end-of-year market value
(1)Financial derivatives
(2)Closely-held equity interests
(3)Other (A) MARKETABLE ALTERNATIVES	275,457,949	F
(B) NON-MARKETABLE ALTERNATIVES	211,350,361	F
(C) REAL ASSETS	405,244,608	F
(D) RESIDUAL ASSET NOTE	42,789,072	F





Total. (Column (b) should equal Form 990, Part X, col.(B) line 12.)	934,841,990

Part VIII

InvestmentsProgram Related. See Form 990, Part X, line 13.

(a) Description of investment type		(b) Book value	(c) Method of valuation: Cost or end-of-year market value









Total. (Column (b) should equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets. See Form 990, Part X, line 15.

(a) Description				(b) Book value









Total. (Column (b) should equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities. See Form 990, Part X, line 25.

1.(a) Description of Liability		(b) Amount
Federal Income Taxes		0
ANNUITIES PAYABLE		16,636,186
CAPITAL LEASE OBLIGATION		84,578,555
DISCOUNTED NOTE OBLIGATION		42,789,072






Total. (Column (b) should equal Form 990, Part X, col.(B) line 25.)		144,003,813
2. Fin 48 (ASC 740) Footnote. In Part XIV, provide the text of the footnote to the organization's financial statements that reports the organization's liability for uncertain tax positions under FIN 48 (ASC740).

Schedule D (Form 990) 2010

Page 4

Part XI Reconciliation of Change in Net Assets from Form 990 to Financial Statements
1	Total revenue (Form 990, Part VIII, column (A), line 12) ....................	1
2	Total expenses (Form 990, Part IX, column (A), line 25) .....................	2
3	Excess or (deficit) for the year. Subtract line 2 from line 1 .............	3
4	Net unrealized gains (losses) on investments ..........................	4
5	Donated services and use of facilities .............................	5
6	Investment expenses ...................................	6
7	Prior period adjustments ..................................	7
8	Other (Describe in Part XIV) .................................	8
9	Total adjustments (net). Add lines 4 - 8 .............................	9
10	Excess or (deficit) for the year per financial statements. Combine lines 3 and 9 .........	10

Part XII Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
1	Total revenue, gains, and other support per audited financial statements .......		1
2	Amounts included on line 1 but not on Form 990, Part VIII, line 12:
a	Net unrealized gains on investments ..........	2a
b	Donated services and use of facilities .........	2b
c	Recoveries of prior year grants ...........	2c
d	Other (Describe in Part XIV): ............	2d
e	Add lines 2a through 2d .....................		2e
3	Subtract line 2e from line 1.....................		3
4	Amounts included on Form 990, Part VIII, line 12, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b .	4a
b	Other (Describe in Part XIV): ...........	4b
c	Add lines 4a and 4b.......................		4c
5	Total Revenue. Add lines 3 and 4c. (This should equal Form 990, Part I, line 12.) ......		5

Part XIII Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
1	Total expenses and losses per audited financial statements .............		1
2	Amounts included on line 1 but not on Form 990, Part IX, line 25:
a	Donated services and use of facilities ..........	2a
b	Prior year adjustments ..............	2b
c	Other losses ................	2c
d	Other (Describe in Part XIV): ............	2d
e	Add lines 2a through 2d......................		2e
3	Subtract line 2e from line 1.....................		3
4	Amounts included on Form 990, Part IX, line 25, but not on line 1:
a	Investment expenses not included on Form 990, Part VIII, line 7b ..	4a
b	Other (Describe in Part XIV): ............	4b
c	Add lines 4a and 4b.......................		4c
5	Total expenses. Add lines 3 and 4c. (This should equal Form 990, Part I, line 18.) ......		5

Part XIV

Supplemental Information

Complete this part to provide the descriptions required for Part II, lines 3, 5, and 9; Part III, lines 1a and 4; Part lV, lines 1b and 2b;
Part V, line 4; Part X; Part XI, line 8; Part XII, lines 2d and 4b; and Part XIII, lines 2d and 4b. Also complete this part to provide any additional information.

Identifier	Return Reference	Explanation
SCHEDULE D, PART III, LINE 1A		The University's collections, which were acquired through purchases and contributions since the University's inception, are not recognized as assets on the statement of financial position. Purchases of collection items are recorded as decreases in unrestricted net assets ON THE STATEMENT in the year in which the items ARE acquired or as releases from temporarily restricted net assets if the assets used to purchase the items HAD BEEN restricted by donors. Contributed collection items are not reflected in the financial statements. Proceeds from deaccessions or insurance recoveries are reflected as increases in the appropriate net asset classes.
SCHEDULE D, PART III, LINE 4		The University's collections CONSIST OF WORKS OF ART, ARTIFACTS, RARE BOOKS, HISTORICAL DOCUMENTS, AND OTHER SIMILAR MATERIALS that are held for educational, research, scientific, and curatorial purposes. Each of the items is cataloged, preserved, and cared for, and activities verifying their existence and assessing their condition are performed regularly. The collections are subject to a DEACCESSION policy REQUIRING THAT proceeds from THE disposition OF AN OBJECT be used to SUPPORT THE PRESERVATION AND DEVELOPMENT OF THE UNIVERSITY'S COLLECTION.
SCHEDULE D, PART V, LINE 4		The endowment fund provides the University with the flexibility and freedom to embark on new disciplines, to hire additional faculty, and to build or update facilities. It ensures regular funding levels for University departments, programs, and scholarships, and helps stem rises in tuition by supporting University operations that are otherwise paid for with student tuition and FEES. SCHEDULE D, PART X, LINE 2 THE UNIVERSITY'S FINANCIAL STATEMENTS DID NOT REPORT A LIABILITY FOR UNCERTAIN TAX POSITIONS UNDER FIN 48.

Schedule D (Form 990) 2010

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE E(Form 990 or 990-EZ)

Department of the TreasuryInternal Revenue Service

Schools

Complete if the organization answered "Yes" to Form 990, Part IV, line 13,
or Form 990-EZ, Part VI, line 48.
Right pointing arrow large image

Attach to Form 990 or Form 990-EZ.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

YES

Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,

other governing instrument, or in a resolution of its governing body? ......................

Yes

Does the organization include a statement of its racially nondiscriminatory policy toward students in all its

brochures, catalogues, and other written communications with the public dealing with student admissions,

programs, and scholarships? ......................................

Yes

Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during

the period of solicitation for students, or during the registration period if it has no solicitation program, in a way

that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"

please explain. If you need more space use Part II. .............................

Yes

Does the organization maintain the following?

Records indicating the racial composition of the student body, faculty, and administrative staff? ..........

Yes

Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory

basis? ...............................................

Yes

Copies of all catalogues, brochures, announcements, and other written communications to the public dealing

with student admissions, programs, and scholarships? ...........................

Yes

Copies of all material used by the organization or on its behalf to solicit contributions? ..............

Yes

If you answered "No" to any of the above, please explain. If you need more space, use Part II.

Does the organization discriminate by race in any way with respect to:

Students' rights or privileges? .....................................

Admissions policies? .........................................

Employment of faculty or administrative staff? ..............................

Scholarships or other financial assistance? ................................

Educational policies? .........................................

Use of facilities? ...........................................

Athletic programs? ..........................................

Other extracurricular activities? .....................................

If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.

Does the organization receive any financial aid or assistance from a governmental agency? ............

Yes

Has the organization's right to such aid ever been revoked or suspended? ...................

If you answered "Yes" to either line 6a or line 6b, explain on Part II.

Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05

of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II.

Yes

Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50085D

Schedule E (Form 990 or 990-EZ) 2010

Schedule E (Form 990 or 990EZ) 2010

Page 2

Part II

Supplemental Information

Complete this part to provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also complete this part to provide any other additional information (see instructions).

Identifier	Return Reference	Explanation
SCH. E, PART I, LINE 3		BOSTON UNIVERSITY PROHIBITS DISCRIMINATION AGAINST ANY INDIVIDUAL ON THE BASIS OF RACE, COLOR, RELIGION, SEX, AGE, NATIONAL ORIGIN, PHYSICAL OR MENTAL DISABILITY, SEXUAL ORIENTATION OR BECAUSE OF MARITAL, PARENTAL, OR VETERAN STATUS. THIS POLICY EXTENDS TO ALL RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES, INCLUDING HOUSING, EMPLOYMENT, ADMISSIONS, FINANCIAL ASSISTANCE, EDUCATIONAL AND ATHLETIC PROGRAMS. BOSTON UNIVERSITY RECOGNIZES THAT NON-DISCRIMINATION DOES NOT ENSURE THAT EQUAL OPPORTUNITY IS A REALITY FOR ALL EMPLOYEES, APPLICANTS FOR EMPLOYMENT, AND STUDENTS. BECAUSE OF THIS, THE UNIVERSITY WILL CONTINUE TO TAKE AFFIRMATIVE ACTION TO ENSURE THAT EMPLOYEES AND STUDENTS ALIKE ARE TREATED EQUALLY DURING THEIR EMPLOYMENT AND/OR MATRICULATION. INQUIRIES REGARDING THE APPLICATION OF THIS POLICY SHOULD BE ADDRESSED TO THE DIRECTOR OF EQUAL OPPORTUNITY, 25 BUICK STREET, BOSTON, MA 02115 (617-353-9286). SCH. E, PART I, LINE 6A Boston University participates in several federal financial aid programs including the Federal Pell Grant Program and the Federal Work Study Program; in addition the University receives federal grants and contracts in support of its research mission. Federal agencies providing support for University research and training during 2011 included the National Institutes of Health, the National Science Foundation, the National Aeronautics and Space Administration, the Department of Defense, the Department of Energy, and the US Agency for International Development.

Schedule E (Form 990 or 990-EZ) 2010

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F
(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

Complete if the organization answered "Yes" to Form 990,
Part IV, line 14b, 15, or 16.
Right pointing arrow large image

Attach to Form 990. Right pointing arrow large image

See separate instructions.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization
TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

General Information on Activities Outside the United States. Complete if the organization answered
“Yes” to Form 990, Part IV, line 14b.

For grantmakers. Does the organization maintain records to substantiate the amount of the grants or

assistance, the grantees' eligibility for the grants or assistance, and the selection criteria used to award

the grants or assistance? ...................................

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside the
United States.

Activites per Region. (Use Part V if additional space is needed.)

(a) Region		(b) Number of offices in the region	(c) Number of employees or agents in region or independent contractors	(d) Activities conducted in region (by type) (e.g., fundraising, program services, investments, grants to recipients located in the region)	(e) If activity listed in (d) is a program service, describe specific type of service(s) in region	(f) Total expenditures for region/investments in region
	Central America and the Caribbean			INVESTMENTS	INVESTMENTS	333,054,042
	Central America and the Caribbean		6	Program Services	RESEARCH
	Central America and the Caribbean			Send agents to seminar
	East Asia and the Pacific			Fundraising
	East Asia and the Pacific			Grantmaking		427,547
	East Asia and the Pacific	3	41	Program Services	STUDY ABROAD
	East Asia and the Pacific			Send agents to seminar
	Europe (Including Iceland and Greenland)			Fundraising
	Europe (Including Iceland and Greenland)			Grantmaking		759,698
	Europe (Including Iceland and Greenland)			INVESTMENTS	INVESTMENTS	11,831,917
	Europe (Including Iceland and Greenland)	1	8	Program Services	RESEARCH
	Europe (Including Iceland and Greenland)	15	236	Program Services	STUDY ABROAD
	Europe (Including Iceland and Greenland)			Send agents to seminar
	Middle East and North Africa			Fundraising
	Middle East and North Africa		1	Program Services	PUBLIC HEALTH PROJECTS
	Middle East and North Africa		3	Program Services	RESEARCH
	Middle East and North Africa			Program Services	STUDY ABROAD
	Middle East and North Africa			Send agents to seminar
	North America			Grantmaking		450,986
	North America		1	Program Services	RESEARCH
	North America			Program Services	STUDY ABROAD
	North America			Send agents to seminar
	Russia and the Newly Independent States			Send agents to seminar
	South America	1	11	Program Services	STUDY ABROAD
	South America			Send agents to seminar
	South Asia			Fundraising
	South Asia		1	Program Services	PUBLIC HEALTH PROJECTS
	South Asia			Send agents to seminar
	Sub-Saharan Africa			Grantmaking		776,029
	Sub-Saharan Africa	7	329	Program Services	PUBLIC HEALTH PROJECTS
	Sub-Saharan Africa		28	Program Services	STUDY ABROAD
	Sub-Saharan Africa			Send agents to seminar
3a	Sub-total .....	19	295			346,073,204
b	Total from continuation sheets to Part I ...	8	370			1,227,015
c	Totals (add lines 3a and 3b)	27	665			347,300,219

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2010

Schedule F (Form 990) 2010

Page 2

Part II

Grants and Other Assistance to Organizations or Entities Outside the United States. Complete if the organization answered "Yes" to Form 990,

Part IV, line 15, for any recipient who received more than $5,000. Check this box if no one recipient received more than $5,000 ........ MediumBullet

Use Part V if additional space is needed.

(c) Region	(d) Purpose of grant	(e) Amount of cash grant
East Asia/Pacific	Research	243,300
East Asia/Pacific	Research	79,235
East Asia/Pacific	Research	19,271
East Asia/Pacific	Research	42,541
East Asia/Pacific	Research	43,200
Europe/Iceland/Greenland	Research	239,923
Europe/Iceland/Greenland	Research	33,922
Europe/Iceland/Greenland	Research	42,140
Europe/Iceland/Greenland	Research	76,325
Europe/Iceland/Greenland	Research	59,942
Europe/Iceland/Greenland	Research	18,427
Europe/Iceland/Greenland	Research	18,603
Europe/Iceland/Greenland	Research	84,900
Europe/Iceland/Greenland	Research	104,277
Europe/Iceland/Greenland	Research	29,980
Europe/Iceland/Greenland	Research	27,771
Europe/Iceland/Greenland	Research	23,488
North America	Research	190,506
North America	Research	23,745
North America	Research	236,735
Sub-Saharan Africa	Research	60,110
Sub-Saharan Africa	Research	20,967
Sub-Saharan Africa	Research	37,108
Sub-Saharan Africa	Research	11,555
Sub-Saharan Africa	Research	12,865
Sub-Saharan Africa	Research	111,614
Sub-Saharan Africa	Research	160,000
Sub-Saharan Africa	Research	361,810

Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter ..... MediumBullet

Enter total number of other organizations or entities ........................ MediumBullet

Schedule F (Form 990) 2010

Schedule F (Form 990) 2010Page 3

Part III

Grants and Other Assistance to Individuals Outside the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 16.

Use Part V if additional space is needed.

(a) Type of grant or assistance		(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement	(f) Amount of non-cash assistance	(g) Description of non-cash assistance	(h) Method of valuation (book, FMV, appraisal, other)

Schedule F (Form 990) 2010

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2010

Page 5

Part V

Supplemental Information
Complete this part to provide the information (see instructions) required in Part I, line 2, and any additional information.

Identifier	ReturnReference	Explanation
Schedule F, Part I, Line 1	SCHEDULE F, PART I, COLUMN (F)	THE UNIVERSITY DOES NOT CURRENTLY TRACK FOREIGN EXPENDITURES FOR EACH PROGRAM SEPARATELY. THEREFORE, PURSUANT TO IRS GUIDANCE, DISCLOSURE IN THIS COLUMN IS NOT REQUIRED IN THE CURRENT YEAR. SCHEDULE F, PART I, LINE 2 THE UNIVERSITY ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES TO THE OFFICE OF POST AWARD FINANCIAL OPERATIONS. THIS OFFICE MONITORS ALL GRANT MAKING ACTIVITY INCLUDING COMPLIANCE WITH ALL APPLICABLE REGULATIONS. EXPENSES ARE ACCOUNTED FOR ON AN ACCRUAL BASIS. SCHEDULE F, PART I, LINE 3 Additional information regarding the 665 "employees" reported in Schedule F, Part I In 2009, Boston University received a grant from the Bill and Melinda Gates Foundation to research and demonstrate whether chlorhexidine, a simple antiseptic wash, will reduce infection and thus improve infant survival rates in Zambia. In 2011, 270 full-time data collectors have been working in rural Zambia.

Schedule F (Form 990) 2010

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19,
or if the organization entered more than $15,000 on Form 990-EZ, line 6a.
right arrow

Attach to Form 990 or Form 990-EZ. right arrow

See separate instructions.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization
TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

Fundraising Activities. Complete if the organization answered "Yes" to Form 990, Part IV, line 17.

Indicate whether the organization raised funds through any of the following activities. Check all that apply.

a	Mail solicitations	e	Solicitation of non-government grants
b	Internet and e-mail solicitations	f	Solicitation of government grants
c	Phone solicitations	g	Special fundraising events
d	In-person solicitations

Did the organization have a written or oral agreement with any individual (including officers, directors, trustees

or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?

Yes

If “Yes,” list the ten highest paid individuals or entities (fundraisers) pursuant to agreements under which the fundraiser is
to be compensated at least $5,000 by the organization. Form 990-EZ filers are not required to complete this table.

(i) Name and address of individual or entity (fundraiser)	(ii) Activity	(iii) Did fundraiser have custody or control of contributions?		(iv) Gross receipts from activity	(v) Amount paid to (or retained by) fundraiser listed in col. (i)	(vi) Amount paid to (or retained by) organization
	(ii) Activity	Yes	No	(iv) Gross receipts from activity		(vi) Amount paid to (or retained by) organization
Marts Lundy Inc 1200 WALL STREET WEST LYNDHURST, NJ07071	Fundraising Consultant		No		44,945
Jay Clayton 35 ERIE STREET LYNN, MA01902	WBUR FUNDRAISING		No		82,000
Total .................					126,945

List all states in which the organization is registered or licensed to solicit funds or has been notified it is exempt from registration or licensing.

AK, MA, VA, WA

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50083H

Schedule G (Form 990 or 990-EZ) 2010

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" to Form 990, Part IV, line 18, or reported more than $15,000 on Form 990-EZ, line 6a. List events with gross receipts greater than $5,000.

		(a) Event #1 GOLF TOURNAMENT (event type)	(b) Event #2 WBUR GALA (event type)	(c) Other Events 3 (total number)	(d) Total Events (Add col. (a) through col. (c))
1	Gross receipts . . .	704,138	277,325	130,637	1,112,100
2	Less: Charitable contributions . . .	336,667	150,248	78,239	565,154
3	Gross income (line 1 minus line 2) . . .	367,471	127,077	52,398	546,946
4	Cash prizes . . .
5	Non-cash prizes . .	199,413	1,026	15,976	216,415
6	Rent/facility costs . .	67,928	112,850	12,313	193,091
7	Food and beverages . .			10,609	10,609
8	Entertainment . . .		3,083		3,083
9	Other direct expenses .	100,130	10,118	13,500	123,748
10	Direct expense summary. Add lines 4 through 9 in column (d) ...........				546,946
11	Net income summary. Combine lines 3 and 10 in column (d)............

Part III

Gaming. Complete if the organization answered "Yes" to Form 990, Part IV, line 19, or reported more than $15,000 on Form 990-EZ, line 6a.

(a) Bingo

(b) Pull tabs/Instant
bingo/progressive bingo

(c) Other gaming

(d) Total gaming (Add col. (a) through col. (c))

Gross revenue . . . .

Cash prizes . . . .

Non-cash prizes . . .

Rent/facility costs . . .

Other direct expenses . .

Volunteer labor . . .

	Yes
	No

	Yes
	No

	Yes
	No

Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow

Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow

Enter the state(s) in which the organization operates gaming activities:

Is the organization licensed to operate gaming activities in each of these states? ............

YesNo

If "No," Explain:

10a

Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....

YesNo

If "Yes," Explain:

Does the organization operate gaming activities with nonmembers? .................

YesNo

Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity

formed to administer charitable gaming? ...........................

YesNo

Schedule G (Form 990 or 990-EZ) 2010

Page 3

Indicate the percentage of gaming activity operated in:

The organization's facility ......................

13a

An outside facility ........................

13b

Provide the name and address of the person who prepares the organization's gaming/special events books and records:

Name

Address

15a

Does the organization have a contract with a third party from whom the organization receives gaming

revenue? ......................................

YesNo

If "Yes," enter the amount of gaming revenue received by the organization right arrow

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

Is the organization required under state law to make charitable distributions from the gaming proceeds to

retain the state gaming license? ............................

YesNo

Enter the amount of distributions required under state law distributed to other exempt organizations or spent

in the organization's own exempt activities during the tax year right arrow

Part IV

Complete this part to provide additional information for responses to quuestion on Schedule G (see instructions.)

Identifier	ReturnReference	Explanation

Schedule G (Form 990 or 990-EZ) 2010

Additional Data

Software ID:
Software Version:

- TIN:

Schedule I
(Form 990)

Department of the Treasury
Internal Revenue Service

Grants and Other Assistance to Organizations,
Governments and Individuals in the United States

Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990

OMB No. 1545-0047

2010

Open to Public
Inspection

Name of the organization
TRUSTEES OF BOSTON UNIVERSITY

Employer identification number
04-2103547

Part I

General Information on Grants and Assistance

Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ....................................

Yes No

Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.

Part II

Grants and Other Assistance to Governments and Organizations in the United States. Complete if the organization answered "Yes" to
Form 990, Part IV, line 21 for any recipient that received more than $5,000. Check this box if no one recipient received more than $5,000. Use
Part IV and Schedule I-1 (Form 990) if additional space is needed ......................... lBullet

(a) Name and address of organization or government	(b) EIN	(c) IRC Code section if applicable	(d) Amount of cash grant	(h) Purpose of grant or assistance
(1) AFFINERGY INC617 Davis Drive Durham,NC27713	55-0826074		20,814,636	RESEARCH
(2) ALBERT EINSTEIN COLLEGE OF MEDICINE1300 Morris Park Avenue Bronx,NY10461	13-1624225	501C3	15,008,185	RESEARCH
(3) ALZHEIMERS ASSOCIATION311 ARSENAL STREET WATERTOWN,MA02472	04-2731194	501c3	95,046	RESEARCH
(4) ARLINGTON PUBLIC SCHOOLSPO BOX 167 ARLINGTON,MA02476	04-6001070	501c3	111,000	RESEARCH
(5) ATLANTIC HEALTH HOSPITAL CORPORATION475 SOUTH STREET PO BOX 167 MORRISTOWN,NJ07960	52-1958352		7,253,682	RESEARCH
(6) BAYSTATE MEDICAL CENTER759 CHESNUT STREET SPRINGFIELD,MA01199	04-2888373	501C3	9,209,744	RESEARCH
(7) BETH ISRAEL DEACONESS MEDICAL CENTER330 Brookline Avenue 759 CHESTNUT STREET Boston,MA02215	04-2103881	501C3	8,489,437	RESEARCH
(8) BIOMEDICAL RES INSTITUTE OF NEW MEXICO1501 SAN PEDRO SE 151 ALBUQUERQUE,NM87108	85-0374063	501C3	20,922,923	RESEARCH
(9) BOSTON BIOMEDICAL RESEARCH INSTITUTE64 GROVE STREET WATERTOWN,MA02472	04-2451739	501C3	28,797,064	RESEARCH
(10) BOSTON HOUSING AUTHORITY52 Chauncy St Boston,MA02111	04-6001907	STATE OF MA	5,258,400	RESEARCH
(11) BOSTON MEDICAL CENTEROne Boston Medical Center Boston,MA02118	04-3314093	501C3	252,023,684	RESEARCH
(12) BOSTON PUBLIC HEALTH COMMISSION1010 Massachusetts Avenue Boston,MA02118	04-3316655	STATE OF MA	4,336,777	RESEARCH
(13) BRANDEIS UNIVERSITY415 South Street Waltham,MA02453	04-2103552	501C3	15,916,349	RESEARCH
(14) BRENTWOOD BIOMEDICAL RESEARCH INSTITUTE11301 Wilshire Blvd Los Angeles,CA90073	95-4183712	501C3	12,743,420	RESEARCH
(15) BRIGHAM AND WOMEN'S HOSPITAL75 FRANCIS STREET BOSTON,MA02115	04-2312909	501C3	85,707,512	RESEARCH
(16) BROAD INSTITUTE7 CAMBRIDGE CENTER Cambridge,MA02142	04-2103594	501C3	92,629,981	RESEARCH
(17) BROWN UNIVERSITYPO Box 1911 7 CAMBRIDGE CENTER Providence,RI02912	05-0258809	501C3	906,577	RESEARCH
(18) CALIFORNIA INSTITUTE OF TECHNOLOGY1200 E California Blvd Pasadena,CA91125	95-1643307	501C3	1,224,226	RESEARCH
(19) CAMBRIDGE PUBLIC HEALTH COMMISSION101 Station Landing Medford,MA02155	04-3320571	STATE OF MA	2,471,733	RESEARCH
(20) CAMBRIDGE PUBLIC HEALTH DEPT (CPHD)119 WINDSOR ST Cambridge,MA02139	04-3320571	STATE OF MA	1,724,513	RESEARCH
(21) CATHOLIC MEDICAL MISSION BOARD10 West 17th Street 10900 EUCLID AVE New York,NY10017	13-5602319	501C3	17,500,000	RESEARCH
(22) CHELSEA PUBLIC SCHOOLSOFFICE OF SUPERINTENDENT CHELSEA,MA02150	04-6001384	STATE OF MA	651,631	RESEARCH
(23) CHILDREN'S HOSPITALRESEARCH FINANCE 500 BROADWAY BOSTON,MA02115	04-2774441	501C3	34,516,576	RESEARCH
(24) CHILDREN'S HOSPITAL & REGIONALMEDICAL CENTER 300 LONGWOOD AVENUE SEATTLE,WA98105	91-0564748	501C3	2,631,520	RESEARCH
(25) CHILDREN'S HOSPITAL RESEARCH INSTITUTE4800 SAND POINT WAY NE SEATTLE,WA98105	91-0564748	501C3	7,156,150	RESEARCH
(26) CITY OF SPRINGFIELDDHHSPVAHEC95 STATE STREET SPRINGFIELD,MA01103	00-2661938	501C3	3,689,153	RESEARCH
(27) CLEVELAND CLINIC LERNER9500 EUCLID AVE CLEVELAND,OH44195	34-0714585	501C3	21,659,323	RESEARCH
(28) COLUMBIA UNIVERSITYPO BOX 29789 9500 EUCLID AVE EB21 NEW YORK,NY10087	13-5598093	501C3	18,266,092	RESEARCH
(29) MASS PUBLIC HEALTH250 WASHINGTON STREET BOSTON,MA02108	04-2326503	STATE OF MA	12,147,986	RESEARCH
(30) DANA FARBER CANCER INSTITUTE44 BINNEY STREET BOSTON,MA02115	04-2263040	501C3	2,559,540	RESEARCH
(31) DARTMOUTH COLLEGE11 ROPE FERRY ROAD HANOVER,NH03755	02-0222111	501C3	59,642,331	RESEARCH
(32) DATASTAT INC3975 Research Park Dr 11 ROPE FERRY ROAD 6210 Ann Arbor,MI48108	38-2791120		5,914,000	RESEARCH
(33) DAVIS SQUARE RESEARCH ASSOC119 College Avenue Somerville,MA02144	38-3792037		2,199,125	RESEARCH
(34) DENVER HEALTH AND HOSPITAL AUTHORITY777 Bannock Street Denver,CO80204	84-1343242	STATE OF CO	3,135,066	RESEARCH
(35) DEPARTMENT OF VETERANS AFFAIRS1660 SOUTH COLUMBIAN WAY SEATTLE,WA98108	47-0948895	GOVERNMENT	1,295,800	RESEARCH
(36) DM-STAT INCONE SALEM STSTE 300 MALDEN,MA02148	04-3320989		11,641,803	RESEARCH
(37) DREXEL UNIVERSITY3201 Arch Street ATTN JOANNE DEPIETRO Philadelphia,PA19104	23-1352630	501C3	41,020,649	RESEARCH
(38) DUKE UNIVERSITYBox 104132 Durham,NC27708	56-0532129	501C3	38,823,195	RESEARCH
(39) EDUCATION DEVELOPMENT CENTER55 CHAPEL ST NEWTON,MA02458	04-2241718	501C3	31,474,647	RESEARCH
(40) EMORY UNIVERSITYPO Box 935084 55 CHAPEL ST Atlanta,GA31193	58-0566256	501C3	40,470,622	RESEARCH
(41) GEORGE MASON UNIVERSITY4400 University Drive Fairfax,VA22030	54-0836354	501C3	9,712,521	RESEARCH
(42) GEORGETOWN UNIVERSITY37TH O ST NW WASHINGTON,DC20057	53-0196603	501C3	4,345,853	RESEARCH
(43) GNYHA FOUNDATION555 W 57TH ST NEW YORK,NY10019	13-2954140	501C3	10,096,249	RESEARCH
(44) HARVARD MEDICAL SCHOOL25 SHATTUCK ST STE 509 BOSTON,MA02115	42-2103580	501C3	1,550,516	RESEARCH
(45) HARVARD SCHOOL OF PUBLIC HEALTH677 HUNTINGTON AVE BOSTON,MA02115	04-2103580	501C3	14,762,072	RESEARCH
(46) HARVARD UNIVERSITYPO BOX 415649 ATTN CONSTANCE GALANIS BOSTON,MA02241	53-0199180	501C3	772,225	RESEARCH
(47) HEBREW REHABILITATION CENTER1200 Centre Street HARVARD MEDICAL SCHOOL Boston,MA02131	04-2104298	501C3	6,978,734	RESEARCH
(48) HENRY FORD HEALTH SYSTEMS2799 WEST GRAND BLVD DETROIT,MI48202	38-1359020	501C3	19,108,889	RESEARCH
(49) HENRY M JACKSON FOUNDATION1401 ROCKVILLE PIKE ROCKVILLE,MD20852	52-1313011	501C3	17,816,009	RESEARCH
(50) HEYWOOD HOSPITAL242 GREEN STREET FOR ADVANGEMENT OF MILITARY MED GARDNER,MA01440	04-2103581	501C3	4,467,151	RESEARCH
(51) HOLYOKE HEALTH CENTER230 MAPLE STREET HOLYOKE,MA01041	04-2492730	501C3	18,538,868	RESEARCH
(52) HOSPITAL FOR SPECIAL SURGERY535 EAST 70TH STREET ATTN BRENDA MATHIEU NEW YORK,NY10021	13-6714749	501C3	2,617,434	RESEARCH
(53) HOWARD UNIVRESEACH OPERATIONS SUPPORT2244 10TH ST NW WASHINGTON,DC20059	53-0204707	501C3	5,633,128	RESEARCH
(54) IBM TJ WATSON RESEARCH CENTER1101 KITCHAWAN YORKTOWN HEIGHTS,NY10562	13-6167932	501C3	9,595,976	RESEARCH
(55) INSTITUTE FOR SYSTEMS BIOLOGY1441 North 34th Street ROUTE 134 Seattle,WA98103	91-2003593	501C3	3,714,218	RESEARCH
(56) JOHNS HOPKINS UNIVERSITY2715 N CHARLES STREET BALTIMORE,MD21218	52-0595110	501C3	5,914,714	RESEARCH
(57) JUSTICE RESOURCE INSTITUTE (JRI)545 BOYLSTON STREET BOSTON,MA02116	04-2526357	501C3	3,720,106	RESEARCH
(58) KAISER FOUNDATION RESEARCH INST1800 HARRISON AVE 16 FL OAKLAND,CA94612	94-3299125	501C3	7,368,905	RESEARCH
(59) LAWRENCE PUBLIC SCHOOLSKATHY POWELLPO BOX 1498 LAWRENCE,MA01842	04-6001394	501C3	1,379,352	RESEARCH
(60) LEHIGH UNIVERSITY27 Memorial Drive West PO BOX 1498 Bethlehem,PA18015	24-0795445	501C3	3,309,339	RESEARCH
(61) LESLEY UNIVERSITY29 Everett Street Cambridge,MA02138	04-2103589	501C3	6,608,532	RESEARCH
(62) MARQUETTE UNIVERSITYPO Box 1881 Milwaukee,WI53201	39-0806251	501C3	5,203,497	RESEARCH
(63) MASS COLLEGE OF PHARMACYHEALTH SCIENCES179 LONGWOOD AVENUE BOSTON,MA02115	04-2104700	501C3	2,500,000	RESEARCH
(64) MASSACHUSETTS GENERAL HOSPITAL55 FRUIT STREET ATTN YADELYN MAHONEY BOSTON,MA02114	04-2697983	501C3	272,951,443	RESEARCH
(65) MASSACHUSETTS INSTITUTE OF TECHNOLOGY77 Massacusetts Avenue Cambridge,MA02139	04-2103594	501C3	165,696,443	RESEARCH
(66) MATTEK CORPORATION200 Homer Avenue Ashland,MA01721	04-2877744		27,571,800	RESEARCH
(67) MAYO CLINIC JACKSONVILLE4500 San Pablo Road Jacksonville,FL32224	59-3337028	501C3	12,054,346	RESEARCH
(68) MAYO CLINIC ROCHESTER200 FIRST STREET SW ROCHESTER,MN55905	41-6011702	501C3	125,210,498	RESEARCH
(69) MAYO FOUNDATIONRESEARCH ACCOUNTING ROCHESTER,MN55905	41-1937751	501C3	11,746,956	RESEARCH
(70) MERCY HOSPITAL INC271 CAREW STREET 200 FIRST STREET S W SPRINGFIELD,MA01104	04-3398280	501C3	6,354,000	RESEARCH
(71) MGH INST OF HEALTH PROFESSIONS13TH STREET CHARLESTOWN,MA02129	04-2868893	501C3	24,484,550	RESEARCH
(72) MGH INSTITUTE OF HEALTH PROFESSIONS36 FIRST AVENUE 13TH STREET CHARLESTOWN,MA02129	04-2868893	501C3	13,681,624	RESEARCH
(73) MIAMI UNIVERSITY501 High Street 15 PARKMAN STREET Oxford,OH45056	31-6402089	501C3	382,930	RESEARCH
(74) MIRIAM HOSPITAL164 Summit St Providence,RI02906	05-0258905	501C3	38,426,127	RESEARCH
(75) MISSOURI UNIV OF SCIENCE & TECHNOLOGY202 UNIVERSITY CENTER ROLLA,MO654091330	04-6003859	501C3	15,249,361	RESEARCH
(76) MONTEFIORE MEDICAL CENTER111 East 210th Street 300 W 12TH ST Bronx,NY10467	13-1740114	501C3	80,473,412	RESEARCH
(77) MOUNT SINAI SCHOOL OF MEDICINE1 Gustave L Levy Place New York,NY10029	13-6171197	501C3	13,829,555	RESEARCH
(78) NATIONAL ACADEMY FOR STATE HEALTH POLICY1233 20TH ST NW WASHINGTON,DC20036	52-1576801	501C3	7,804,482	RESEARCH
(79) NATIONAL CHILDREN'S HOSPTHE RES INST700 CHILDRENS DRIVE ATTN CATHERINE HESS MSW COLUMBUS,OH43205	31-6056230	501C3	1,447,538	RESEARCH
(80) NEW ENGLAND AQUARIUM CORP1 CENTRAL WHARF ATTN FRAN EPPICH BOSTON,MA02110	04-2297514	501C3	376,427	RESEARCH
(81) NEW ENGLAND BIOLABS INC240 COUNTY ROAD ATTN KERRY LAGUWUX IPSWICH,MA01938	42-2631963		17,896,109	RESEARCH
(82) NEW ENGLAND RESEARCH INSTITUTE9 GALEN STREET ATTN DR RICHARD ROBERT WATERTOWN,MA02472	04-2919509	501C3	2,697,049	RESEARCH
(83) NORTH COUNTY HEALTH CONSORTIUM7 MAIN STREET SUITE 7 WHITFIELD,NH03598	02-0503184	501C3	2,425,566	RESEARCH
(84) NORTHEASTERN UNIVERSITY360 Huntington Avenue Boston,MA02215	04-1679980	501C3	14,974,200	RESEARCH
(85) NORTHWESTERN UNIVERSITY633 Clark St Rm G-547 Evanston,IL60208	36-2167817	501C3	9,042,007	RESEARCH
(86) OCEAN STATE RESEARCH INSTITUTE830 CHALKSTONE AVE Providence,RI02908	05-0440574	501C3	985,312	RESEARCH
(87) OFS LABORATORIES LLCSPECIALTY PHOTONICS DIVISION AVON,CT06001	63-1864622		16,446,016	RESEARCH
(88) PREDICTIVE SCIENCE INC9990 MESA ROAD SUITE A 55 DARLING DRIVE SAN DIEGO,CA92121	26-3200502		19,903,484	RESEARCH
(89) PRESIDENT AND FELLOWS OF HARVARD COLLEGE250 Longwood Ave ATTNLAURIE WILSON Boston,MA02115	04-2103580	501C3	57,463,120	RESEARCH
(90) PRIMARY CARE COALITION OF MONTGOMERY8757 GEORGIA AVE SILVER SPRING,MD20910	52-1847976	501C3	1,664,100	RESEARCH
(91) PRINCETON UNIVERSITYPO BOX 36 PRINCETON,NJ08544	21-0634501	501C3	63,310,619	RESEARCH
(92) RAND CORPORATION1776 MAIN STR PO BOX 2138 SANTA MONICA,CA90401	95-1958142		8,993,676	RESEARCH
(93) REGENTS OF THE UNIVERSITY OF CALIFORNIA2795 Second Street Davis,CA95618	94-6036494	501C3	54,766,699	RESEARCH
(94) REGENTS OF THE UNIVERSITY OF COLORADO1800 GRANT ST DENVER,CO80203	84-6000555	501C3	23,265,840	RESEARCH
(95) REGENTS OF THE UNIVERSITY OF MICHIGAN3003 S State St Ann Arbor,MI48109	38-6006309	501C3	25,712,407	RESEARCH
(96) REGENTS UNIV OF CALIFORNIAACCOUNTING OFFICE SAN FRANCISCO,CA94143	94-2829914	501C3	7,819,982	RESEARCH
(97) RESEARCH FOUNDATION OF CUNY230 WEST 41ST STREET EMP BOX 0897 NEW YORK,NY10036	13-1988190	501C3	53,048	RESEARCH
(98) RESOURCE SYSTEMS GROUP INC55 RAILROAD WHITE RIVER JUNCTION,VT05001	17-8040960		786,071	RESEARCH
(99) RICE UNIVERSITYPO BOX 1892-MS 70 HOUSTON,TX77251	74-1109620	501C3	9,822,204	RESEARCH
(100) RUTGERS-THE STATE UNIV OF NEW JERSEY249 UNI AVE NEWARK,NJ07102	23-7318742	501C3	24,007,570	RESEARCH
(101) SCIENTIFIC SOLUTIONS INC55 Middlesex St210 Chelmsford,MA01863	04-3275340		10,787,621	RESEARCH
(102) SCRIPPS RESEACH INSTITUTE10550 N TORREY PINES RD LA JOLLA,CA92037	33-0435954	501C3	1,138,047	RESEARCH
(103) SHEPHERD CENTER INC2020 Peachtree Road OFFICE OF SPONSORED PROGRAMS Atlanta,GA30309	51-0141601		886,950	RESEARCH
(104) SIAT OF BOSTON INC34 LIBERTY ST NATICK,MA01760	04-2872467		1,784,000	RESEARCH
(105) SIGMA-ALDRICH INC2909 LACLEDE AVENUE 34 LIBERTY STREET ST LOUIS,MO63103	20-0884074		83,204,537	RESEARCH
(106) SIMMONS COLLEGE300 The Fenway ATTN DIANE R CHEN Boston,MA02115	04-2103629	501C3	9,990,103	RESEARCH
(107) SMITHSONIAN ASTROPHYSICAL OBSERVATORY60 Garden Street cambridge,MA02138	53-0206027	501C3	14,462,632	RESEARCH
(108) SOUTH SHORE HOSPITAL55 FOGG ROAD SOUTH WEYMOUTH,MA02190	42-2769210	501C3	5,855,738	RESEARCH
(109) SOUTHWEST RESEARCH INSTITUTE6220 Culebra Road San Antonio,TX78238	74-1070544	501C3	34,316,579	RESEARCH
(110) SPACE TELESCOPE SCIENCE INSTITUTE3700 SAN MARTIN DRIVE BALTIMORE,MD21218	86-0138043	501C3	4,745,732	RESEARCH
(111) SPAULDING REHABILITATION HOSPITALBANK OF AMERICA NA BOSTON,MA02114	04-2551124	501C3	13,693,883	RESEARCH
(112) ST ANNE'S HOSPITAL795 MIDDLE STREET PO BOX 3903 FALL RIVER,MA02721	04-2104868	501C3	589,499	RESEARCH
(113) STANFORD UNIVERSITY857 SERRA ST STANFORD,CA94305	94-1156365	501C3	9,541,253	RESEARCH
(114) THE AEROSPACE CORPORATION2310 E El Segundo El Segundo,CA90245	95-2102389		65,672,033	RESEARCH
(115) THE ARIZONA BOARD OF REGENTSPO BOX 3520 TUCSON,AZ85722	74-2652689	501C3	837,142	RESEARCH
(116) THE CENTER FOR HEALTH CARE SERVICES3031 IH 10 WEST PO BOX 3520 San Antonio,TX78201	74-1590659	501C3	129,685	RESEARCH
(117) THE CHILDRENS HOSPITAL OF PHILDADELPHIA3615 CIVIC CTR BLVD PHILADELPHIA,PA19104	23-1352166	501C3	17,569,275	RESEARCH
(118) THE FENWAY INSTITUTE7 HAVILAND STREET OFFICE OF SPONSORED PROJECTS BOSTON,MA02115	04-2510564	501C3	3,014,749	RESEARCH
(119) THE FORSYTH INSTITUTE140 THE FENWAY ATTN RODNEY VANDERWARKER BOSTON,MA02115	04-2104230	501C3	2,403,607	RESEARCH
(120) THE REGENTS OF THE UNIV OF CAL DAVIS1850 RESEARCH PARK DR DAVIS,CA95618	94-6036494	501C3	24,112,797	RESEARCH
(121) THE RESEARCH FOUNDATION OF SUNY450 CLARKSON AVE BROOKLYN,NY11203	13-1988190	501C3	15,226,314	RESEARCH
(122) THE TAMUS HEALTH SCIENCE CENTER RESEARCH400 HARVEY COLLEGE STATION,TX77845	74-1238434	501C3	767,392	RESEARCH
(123) THE UNIVERSITY OF NEW MEXICOPO BOX 30001 LAS CRUCES,NM88003	85-0275408	501C3	19,888,155	RESEARCH
(124) THE UNIVERSITY OF TEXAS AT AUSTINPO Box 7159 PO BOX 30001 Austin,TX78713	74-6000203	501C3	28,516,133	RESEARCH
(125) THE UNIVERSITY OF TEXAS HEALTH SCIENCECENTER AT HOUSTON HOUSTON,TX77216	74-1761309	501C3	14,362,474	RESEARCH
(126) THOMAS JEFFERSON UNIVERSITY1020 Walnut ST Philadelphia,PA19107	23-1352651	501C3	11,011,842	RESEARCH
(127) TRUSTEES OF DARTMOUTH COLLEGE37 Dewey Field Road Hanover,NH03755	02-0222111	501C3	110,280	RESEARCH
(128) TRUSTEES OF TUFTS UNIVERSITY136 HARRISON AVE BOSTON,MA02111	04-2103634	501C3	42,172,924	RESEARCH
(129) U OF MINNESOTA VENDOR NO#109653 SC1214 ME ANNEX ROLLA,MO65409	41-6007513	STATE OF MN	3,170,025	RESEARCH
(130) U OF MISSOURI VENDOR NO#70193 SC1214 ME ANNEX ROLLA,MO65409	43-6003859	STATE OF MO	1,910,901	RESEARCH
(131) UCARCONTRACTS OFFICE 214 ME ANNEX BOULDER,CO80307	84-0412668		46,262,878	RESEARCH
(132) UMASS AMHERST70 BUTTERFIELD TERRACE PO BOX 3000 AMHERST,MA01003	04-3167352	STATE OF MA	13,014,624	RESEARCH
(133) UNIV OF KENTUCKY RESEARCH FOUNDATIONC/O NATIONAL CITY BANK ATTN NANCY STEWARD CLEVELAND,OH44193	61-6033693	STATE OF KY	4,013,434	RESEARCH
(134) UNIV OF MIAMI INST FOR HUMAN GENOMICS1120 NW 14TH ST804 Miami,FL33136	59-0624458	STATE OF FL	2,995,974	RESEARCH
(135) UNIV OF OKLAHOMA HEALTH SCIENCES CTRPO BOX 26901 OKLAHOMA CITY,OK73126	73-6017987	STATE OF OK	966,639	RESEARCH
(136) UNIVERSITY OF ALABAMA AT BIRMINGHAM703 S 19TH ST BIRMINGHAM,AL35294	63-5005396	STATE OF AL	2,484,049	RESEARCH
(137) UNIVERSITY OF ALABAMA IN HUNTSVILLE301 SPARKMAN DRIVE BLDG R-449 HUNTSVILLE,AL35899	63-6001138	STATE OF AL	2,409,141	RESEARCH
(138) UNIVERSITY OF ARIZONAPO BOX 210117 TUCSON,AZ857210117	74-2652689	STATE OF AZ	107,486	RESEARCH
(139) UNIVERSITY OF CALIFORNIA SANTA BARBARA3227 CHEADLE HALL SANTA BARBARA,CA93106	95-6006145	STATE OF CA	6,877,229	RESEARCH
(140) UNIVERSITY OF CHICAGO970 EAST 58TH STREET OFFICE OF RESEARCH CHICAGO,IL60637	36-2177139	STATE OF IL	289,348	RESEARCH
(141) UNIVERSITY OF CINCINNATI51 Goodman Drive UNIVERSITY RESEARCH ADMINISTRATION Cincinnati,OH45221	31-6000989	STATE OF OH	43,618,596	RESEARCH
(142) UNIVERSITY OF COLORADO1231 E 17TH AVE ROOM 5322 AURORA,CO80054	84-6000555	STATE OF CO	2,818,519	RESEARCH
(143) UNIVERSITY OF COLORADO BOULDERPO BOX 6511 BOULDER,CO802910220	84-6000555	STATE OF CO	1,150,683	RESEARCH
(144) UNIVERSITY OF COLORADO DENVER1231 E 17TH AVE ROOM 5322 DEPARTMENT 220 AURORA,CO80054	84-6000555	STATE OF CO	6,839,168	RESEARCH
(145) UNIVERSITY OF FLORIDAPO Box 113201 Gainesville,FL32611	59-6002052	STATE OF FL	16,545,402	RESEARCH
(146) UNIVERSITY OF ILLINOIS1408 W GREGORY DRIVE URBANA,IL61801	36-6000511	STATE OF IL	5,908,472	RESEARCH
(147) UNIVERSITY OF KANSAS CENTER FOR RESEARCH2385 Irving Hill Road Lawrence,KS66045	48-0680117	STATE OF KS	1,879,664	RESEARCH
(148) UNIVERSITY OF KENTUCKY RESEARCH FOUNDATI109 Kinkead Hall Lexington,KY40506	61-6033693	STATE OF KY	12,148,652	RESEARCH
(149) UNIVERSITY OF MARYLAND3112 Lee Building College Park,MD20742	52-6002033	STATE OF MD	132,194,869	RESEARCH
(150) UNIVERSITY OF MASSACHUSTTS DARTMOUTH285 OLD WESTPORT N DARTMOUTH,MA027472300	04-6002284	STATE OF MA	3,268,679	RESEARCH
(151) UNIVERSITY OF MASSACHUSETTS55 Lake Avenue North Worcester,MA01655	04-3167352	STATE OF MA	9,120,720	RESEARCH
(152) UNIVERSITY OF MASSACHUSETTS BOSTON100 MORRISSEY BLVD BOSTON,MA02125	04-3167352	STATE OF MA	5,606,800	RESEARCH
(153) UNIVERSITY OF MASSACHUSETTS LOWELL600 SUFFOLK STREET LOWELL,MA01854	04-4167352	STATE OF MA	8,495,656	RESEARCH
(154) UNIVERSITY OF MASSACHUSETTS MED SCHOOL55 NORTH LAKE AVENUE Worcester,MA01655	04-3167352	STATE OF MA	72,988,176	RESEARCH
(155) UNIVERSITY OF MIAMI1400 NW 10th Ave Miami,FL33136	59-0624458	STATE OF FL	2,712,973	RESEARCH
(156) UNIVERSITY OF MICHIGAN3003 S STATE ST Ann Arbor,MI481091274	38-6006309	STATE OF MI	13,022,761	RESEARCH
(157) UNIVERSITY OF MINNESOTA200 OAK ST MINNEAPOLIS,MN55455	41-6007513	STATE OF MN	13,423,654	RESEARCH
(158) UNIVERSITY OF NEBRASKA BOARD OF REGENTS982170 NE MED CTR OMAHA,NE68198	47-0049123	STATE OF NE	5,577,359	RESEARCH
(159) UNIVERSITY OF NEVADA RENOCONTROLLERS OFFICE ATTN ROB HANSEN RENO,NV89557	88-6000024	STATE OF NV	2,595,125	RESEARCH
(160) UNIVERSITY OF NEW HAMPSHIRE51 COLLEGE ROAD ROOM 109 DURHAM,NH03824	02-6000937	STATE OF NH	64,156,272	RESEARCH
(161) UNIVERSITY OF NEW MEXICO1 U of NM MSC 09 5222 Albuquerque,NM87131	85-6000642	STATE OF NM	6,721,533	RESEARCH
(162) UNIVERSITY OF PENNSYLVANIA3451 WALNUT ST PHILADELPHIA,PA19104	23-1352685	STATE OF PA	75,335,698	RESEARCH
(163) UNIVERSITY OF PITTSBURGH3109 CathedraL Pittsburgh,PA15260	25-0965591	STATE OF PA	18,243,583	RESEARCH
(164) UNIVERSITY OF SOUTH FLORIDA4202 E Fowler Ave Tampa,FL33620	59-3102112	STATE OF FL	11,905,103	RESEARCH
(165) UNIVERSITY OF SOUTHERN CALIFORNIA3500 S FIGUEROA ST LOS ANGELES,CA90089	95-1642394	STATE OF CA	4,703,401	RESEARCH
(166) UNIVERSITY OF TENNESSEE1534 White Avenue Knoxville,TN37996	62-6001636	STATE OF TN	17,576,160	RESEARCH
(167) UNIVERSITY OF TEXAS AT ARLINGTON5323 HARRY HINES BLVD DALLAS,TX75390	75-6002868	STATE OF TX	18,283,025	RESEARCH
(168) UNIVERSITY OF TEXAS AT AUSTINWCH 4 132 PO BOX 841765 AUSTIN,TX78712	74-6000203	STATE OF TX	3,513,338	RESEARCH
(169) UNIVERSITY OF UTAH201 S Presidents Salt Lake City,UT84112	87-6000525	STATE OF UT	1,199,217	RESEARCH
(170) UNIVERSITY OF VERMONT340 WATERMAN BLDG BURLINGTON,VT05405	03-0179440	STATE OF VT	13,236,948	RESEARCH
(171) UNIVERSITY OF VIRGINIA1815 Stadium Road 340 WATERMAN BUILDING Charlottesville,VA22903	54-6001796	STATE OF VA	1,450,984	RESEARCH
(172) UNIVERSITY OF WASHINGTON129 Schmitz Hall Seattle,WA98195	91-6001537	STATE OF WA	47,347,667	RESEARCH
(173) UNIVERSITY OF WISCONSINPO Box 413 Milwaukee,WI53201	39-1805963	STATE OF WI	7,883,065	RESEARCH
(174) UNIVERSTIY OF TEXAS5323 HARRY HINES BLVD DALLAS,TX75390	75-6002868	STATE OF TX	2,015,153	RESEARCH
(175) UNIVERSITY OF UTAH75 S 2000 E SALT LAKE CITY,UT84112	87-6000525	STATE OF UT	16,655,057	RESEARCH
(176) VANDERBILT UNIVERSITY211 KIRKLAND HALL NASHVILLE,TN37240	62-0476822	501C3	2,216,790	RESEARCH
(177) VIRGINA COMMONWEALTH UNIVERSITYPO BOX 843039 RICHMOND,VA23284	54-6001758	501C3	7,590,440	RESEARCH
(178) WALTHAM PUBLIC SCHOOLS617 LEXINGTON STREET BOX 843039 Waltham,MA024523009	04-6001416	STATE OF MA	216,997	RESEARCH
(179) WASHINGTON UNIVERSITY700 Rosedale Avenue Saint Louis,MO63112	43-0653611	501C3	55,501,439	RESEARCH
(180) WATERTOWN PUBLIC SCHOOLS30 COMMON STREET WATERTOWN,MA02472	04-6001340	STATE OF MA	248,250	RESEARCH
(181) WAYNE STATE UNIVERSITY5057 Woodward Detroit,MI48202	38-6028429	501C3	2,584,557	RESEARCH
(182) WESTAT INC1600 Research Blvd Rockville,MD20850	84-0529566		17,489,495	RESEARCH
(183) WESTON GEOPHYSICAL CORP181 BEDFORD STREET LEXINGTON,MA02420	04-3548824		206,043	RESEARCH
(184) WHEELOCK COLLEGE200 The Riverway Boston,MA02215	04-2103639	501C3	2,167,200	RESEARCH
(185) WHITTIER STREET HEALTH CENTER1125 TREMONT STREET ROXBURY,MA02120	42-2619517	501C3	3,879,803	RESEARCH
(186) WOODS HOLE OCEANOGRAPHIC INSTITUTION569 Woods Hole Road Woods Hole,MA02543	04-2105850	501C3	48,558,270	RESEARCH
(187) YALE UNIVERSITY155 Whittney Avenue New Haven,CT06520	06-0646973	501C3	10,461,976	RESEARCH

Enter total number of section 501(c)(3) and government organizations ......................... Bullet Image

113

Enter total number of other organizations ................................ . Bullet Image

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50055P

Schedule I (Form 990) 2010

Page 2

Part III

Grants and Other Assistance to Individuals in the United States. Complete if the organization answered "Yes" to Form 990, Part IV, line 22.
Use Schedule I-1 (Form 990) if additional space is needed.

(a)Type of grant or assistance	(b)Number of recipients	(c)Amount of cash grant	(e)Method of valuation (book, FMV, appraisal, other)	(f)Description of non-cash assistance
(1) STUDENT FINANCIAL AID	15174	319,412,425	COST	TUITION OFFSET

Part IV

Supplemental Information. Complete this part to provide the information required in Part I, line 2, and any other additional information.

Identifier	Return Reference	Explanation
SCHEDULE I, PART I, LINE 2	The University assigns responsibility for monitoring the use of grant	funds inside of the United States to the Office of Research Administration. This office monitors all grant making activity including COMPLIANCE WITH all applicablE regulations. Expenses are accounted for on an accrual basis. Schedule I, Part III Boston University makes every effort to assist students with calculated financial eligibility and high academic achievement, measured against the credentials of other accepted students. A student's academic record is an important factor in determining eligibility for Boston University scholarships and need-based grants. Key indicators such as high school grade point average (GPA), rank in class, and standardized test scores are considered, as well as the strength of the student's academic program and extracurricular activities.

Schedule I (Form 990) 2010

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet

Complete if the organization answered "Yes" to Form 990,
Part IV, question 23.
SchJMediumBullet

Attach to Form 990. SchJMediumBullet

See separate instructions.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

Questions Regarding Compensation

Yes

Check the appropiate box(es) if the organization provided any of the following to or for a person listed in Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.

First-class or charter travel Housing allowance or residence for personal use

Travel for companions Payments for business use of personal residence

Tax idemnification and gross-up payments Health or social club dues or initiation fees

Discretionary spending account Personal services (e.g., maid, chauffeur, chef)

If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement orprovision of all the expenses described above? If "No," complete Part III to explain....

Yes

Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
officers, directors, trustees, and the CEO/Executive Director, regarding the items checked in line 1a? ....

Yes

Indicate which, if any, of the following the organization uses to establish the compensation of the
organization's CEO/Executive Director. Check all that apply.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

Form 990 of other organizations Approval by the board or compensation committee

During the year, did any person listed in Form 990, Part VII, Section A, line 1a with respect to the filing organization or a related organization:

Receive a severance payment or change-of-control payment? ...............

Yes

Participate in, or receive payment from, a supplemental nonqualified retirement plan? ........

Yes

Participate in, or receive payment from, an equity-based compensation arrangement? ........

If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.

Only 501(c)(3) and 501(c)(4) organizations only must complete lines 5-9.

For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the revenues of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 5a or 5b, describe in Part III.

For persons listed in form 990, Part VII, Section A, line 1a, did the organization pay or accrue any
compensation contingent on the net earnings of:

The organization? ...........................

Any related organization? .........................

If "Yes," to line 6a or 6b, describe in Part III.

For persons listed in Form 990, Part VII, Section A, line 1a, did the organization provide any non-fixed
payments not described in lines 5 and 6? If "Yes," describe in Part III ............

Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was
subject to the initial contract exception described in Regs. section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................

If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................

For Privacy Act and Paperwork Reduction Act Notice, see the Intructions for Form 990

Cat. No. 50053T

Schedule J (Form 990) 2010

Page 2

Part II

Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use Schedule J-1 if additional space needed.

For each individual whose compensation must be reported in Schedule J, report compensation from the organization on row (i) and from related organizations, described in the
instructions on row (ii). Do not list any individuals that are not listed on Form 990, Part VII.

Note. The sum of columns (B)(i)-(iii) must equal the applicable column (D) or column (E) amounts on Form 990, Part VII, line 1a.

(A) Name		(B) Breakdown of W-2 and/or 1099-MISC compensation			(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)	(F) Compensation reported in prior Form 990 or Form 990-EZ
(A) Name		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
(1) Robert A Brown	(i) (ii)	734,349 0	0 0	95,697 0	32,540 0	278,744 0	1,141,330 0	0 0
(2) Joseph P Mercurio	(i) (ii)	562,543 0	0 0	124,660 0	49,040 0	243,465 0	979,708 0	0 0
(3) Martin J Howard	(i) (ii)	366,641 0	0 0	15,060 0	32,540 0	59,533 0	473,774 0	0 0
(4) Todd L C Klipp	(i) (ii)	420,110 0	0 0	47,805 0	32,540 0	28,819 0	529,274 0	0 0
(5) David K Campbell	(i) (ii)	480,149 0	0 0	45,991 0	32,540 0	190,644 0	749,324 0	0 0
(6) Karen H Antman	(i) (ii)	594,365 0	0 0	56,488 0	32,540 0	1,322 0	684,715 0	0 0
(7) Aram V Chobanian	(i) (ii)	268,076 0	0 0	35,142 0	32,540 0	20,569 0	356,327 0	0 0
(8) Jon Westling	(i) (ii)	128,472 0	0 0	2,208,453 0	17,023 0	16,945 0	2,370,893 0	0 0
(9) Robert Poston	(i) (ii)	236,191 0	0 0	1,931,281 0	0 0	42,168 0	2,209,640 0	0 0
(10) Jeffrey H Spiegel	(i) (ii)	229,697 0	0 0	1,510,025 0	22,740 0	27,402 0	1,789,864 0	0 0
(11) Timothy E Foster	(i) (ii)	234,697 0	0 0	930,683 0	32,540 0	22,460 0	1,220,380 0	0 0
(12) James M Becker	(i) (ii)	442,871 0	0 0	547,813 0	32,540 0	17,731 0	1,040,955 0	0 0
(13) KENNETH G CONDON	(i) (ii)	179,333 0	0 0	44,290 0	23,347 0	5,629 0	252,599 0	0 0

Schedule J (Form 990) 2010

Page 3

Part III

Supplemental Information

Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 4c, 5a, 5b, 6a, 6b, 7, and 8. Also complete this part for any additional information.

Identifier	Return Reference	Explanation
SCHEDULE J, PART I		ROBERT POSTON, JEFFREY H. SPIEGEL, TIMOTHY E. FOSTER, AND JAMES M. BECKER ARE COMPENSATED UNDER A COMMON PAYMASTER AGREEMENT FOR THEIR CLINICAL WORK IN CONNECTION WITH THE BOSTON MEDICAL CENTER. ROBERT POSTON'S REPORTED COMPENSATION INCLUDES A SEVERANCE PAYMENT OF $1,532,833. SCHEDULE J, PART I, LINE 1A (1) AMOUNTS REPORTED IN COLUMN (D) INCLUDE, IN ADDITION TO OTHER NON-TAXABLE BENEFITS, UNIVERSITY-PROVIDED HOUSING AT AN ESTIMATED FAIR MARKET RENTAL VALUE, BASED UPON AN INDEPENDENT OPINION, FOR PRESIDENT ROBERT BROWN ($261,419), EXECUTIVE VICE PRESIDENT JOSEPH MERCURIO ($158,495), AND PROVOST DAVID CAMPBELL ($136,646), AS WELL AS TUITION REMISSION FOR EXECUTIVE VICE PRESIDENT JOSEPH MERCURIO ($59,577), VICE PRESIDENT, CFO AND TREASURER MARTIN HOWARD ($38,612), PROVOST DAVID CAMPBELL ($31,655). (2) First-Class Travel: In accordance with the University's Travel and Business Expense Guidelines, all employees are reimbursed for economy airfare. Exceptions for travel involving an extended period of travel time ARE PERMITTED IN ACCORDANCE WITH THE TERMS OF THE UNIVERSITY'S TRAVEL AND BUSINESS EXPENSE GUIDELINES. The President's employment agreement allows for first class travel. Travel for business purposes is not included in taxable wages. (3) Travel for Companions: In accordance with the TERMS OF THE University's Travel and Business Expense Guidelines, Boston University allows companion travel for bona fide business purposes. All such cases require the prior written approval OF AN AUTHORIZED SENIOR EXECUTIVE. The President's employment agreement allows for spousal travel. Travel for business purposes is not included in taxable wages. (4)Tax indemnification and Gross-up Payments: From time to time, Boston University may provide certain payments that have been grossed-up for tax purposes. All such cases involving the University's senior executives require the approval of the board of trustees. (5)Housing: As a condition of employment and for the convenience of the University, President Robert Brown, Executive Vice President Joseph Mercurio, AND Provost David Campbell were all required to live in University residences. The estimated annual rental value of the University provided residences WITHOUT REDUCTION FOR BUSINESS USE OF THE RESIDENCES FOR EACH OF THESE INDIVIDUALS IS included in Schedule J, Column D - Non-taxable Benefits. An independent real estate appraiser provided the estimated rental values of the University provided residences. (6)Health or social club dues or initiation fees: President Robert Brown WAS a member of a social club, which is used for business purposes only. Therefore, the dues are not included in taxable wages. THIS MEMBERSHIP HAS BEEN CANCELLED. Schedule J, Part I, Line 4a (1)AS A RESULT OF COMMITMENTS MADE TO KENNETH CONDON WHILE HE SERVED AS VICE PRESIDENT FOR FINANCIAL AFFAIRS AND TREASURER, CERTAIN COMPENSATION AND RETIREMENT BENEFITS WERE EARNED AND ACCRUED OVER MORE THAN 33 YEARS OF SERVICE AND DISBURSED IN THE CURRENT YEAR. (2)As a result of commitments made to JON WESTLING while he SERVED AS PROVOST, EXECUTIVE VICE PRESIDENT, AND LATER PRESIDENT, certain compensation and retirement benefits were earned, accrued, and reported over more than 36 years of service and disbursed in the current year. Schedule J, Part I, Line 4b Effective April 12, 2002, the University established the Boston UNIVERSITY 457(F) LONG TERM SAVINGS PLAN (THE PLAN) TO PROVIDE CERTAIN KEY EMPLOYEES OF THE UNIVERSITY WITH RETIREMENT BENEFITS (PROVIDED THEY REMAINED EMPLOYED) IN ADDITION TO BENEFITS PROVIDED UNDER OTHER UNIVERSITY SPONSORED RETIREMENT PLANS. THE PLAN IS INTENDED TO COMPLY WITH THE APPLICABLE REQUIREMENTS OF CODE SECTION 409A. EXECUTIVE VICE PRESIDENT JOSEPH MERCURIO WAS THE ONLY REMAINING EMPLOYEE PARTICIPATING IN THE PLAN. SCHEDULE J, PART II DAVID CAMPBELL CEASED SERVING AS UNIVERSITY PROVOST ON DECEMBER 31, 2010, FOLLOWING WHICH JEAN MORRISON BECAME UNIVERSITY PROVOST AND CHIEF ACADEMIC OFFICER ON JANUARY 1, 2011. SCHEDULE J, PART II THIS SCHEDULE includes each of the University's officers, directors, trustees, key employees, and five most highly compensated employees for whom the sum of calendar year 2010 reportable compensation and other compensation from the organization and related entities was greater than $150,000. Jean Morrison began her service to the University during December of 2010; because her compensation during calendar 2010 was below the reporting threshold for this schedule, she is not included.

Schedule J (Form 990) 2010

Additional Data

Software ID:
Software Version:

- TIN:

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax Exempt Bonds

Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Schedule O (Form 990).
SchKMediumBullet

Attach to Form 990. SchKMediumBullet

See separate instructions.

OMB No. 1545-0047

2010

Open to Public
Inspection

Name of the organization
TRUSTEES OF BOSTON UNIVERSITY

Employer identification number
04-2103547

Part I

Bond Issues

(a) Issuer Name		(b) Issuer EIN	(c) CUSIP #	(d) Date Issued	(e) Issue Price	(f) Description of Purpose	(g) Defeased		(h) On Behalf of Issuer		(i) Pool financing
(a) Issuer Name		(b) Issuer EIN	(c) CUSIP #	(d) Date Issued	(e) Issue Price	(f) Description of Purpose	Yes	No	Yes	No	Yes	No
A	MASS HEALTH AND EDU FAC AUTH-SERIES S	04-2456011	57586CBR5	03-10-2004	35,348,869	capital project, prop acq		X		X		X
B	MASS DEV FIN AGENCY - SERIES T1	04-3431814	57583RBR5	06-29-2005	172,664,008	capital project, prop acq		X		X		X
C	MASS DEV FIN AGENCY - SERIES U1 U2 U3 U4 U5U6	04-3431814	57583EWA9	05-15-2008	536,365,000	partial refund/cap proj/prop a		X		X		X
D	MASS DEV FIN AGENCY - SERIES V1 V2 V3	04-3431814	57583RQ32	12-01-2009	117,370,000	REFUNDING		X		X		X

Part II

Proceeds

	A		B		C		D
	1 Amount of bonds retired. . . . .	4,900,000				4,900,000
2 Amount of bonds defeased . . . .
3 Total proceeds of issue . . . .	35,497,833		184,106,197		539,644,778		117,370,000
4 Gross proceeds in reserve funds . .
5 Capitalized interest from proceeds.
6 Proceeds in refunding escrow. . . . .
7 Issuance costs from proceeds . . .	355,425		1,008,534		863,269		395,000
8 Credit enhancement from proceeds.	1,506,076		4,981,946		727,358
9 Working capital expenditures from proceeds . .
10 Capital expenditures from proceeds . .	33,636,332		178,115,717		168,676,174
11 Other spent proceeds . .
12 Other unspent proceeds. . .	34,013,247				34,013,247
13 Year of substantial completion . . .	2004		2007
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue?		X		X		X
15 Were the bonds issued as part of an advance refunding issue?		X		X		X		X
16 Has the final allocation of proceeds been made? . .	X		X			X	X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .	X		X		X		X

Part III

Private Business Use

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? . . .		X		X		X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . .	X		X		X

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50193E

Schedule K (Form 990) 2010

Page 2

Part III

Private Business Use (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
3a Are there any management or service contracts that may result in private business use?	X		X		X
b Are there any research agreements that may result in private business use of bond-financed property? . .		X	X		X
c Does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts or research agreements relating to the financed property? .	X		X		X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government . . . . . . . . . . . . .	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .	0 %		1.340 %		0 %		0 %
6 Total of lines 4 and 5 . . .. . . . . .	0 %		1.340 %		0 %		0 %
7 Has the organization adopted management practices and procedures to ensure the post-issuance compliance of its tax-exempt bond liabilities?	X		X		X

Part IV

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has a Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate, been filed with respect to the bond issue? . . .		X		X		X		X
2 Is the bond issue a variable rate issue?		X		X	X			X
3a Has the organization or the governmental issuer entered into a hedge with respect to the bond issue?		X		X	X			X
b Name of provider .	SEE SCHEDULE O				SEE SCHEDULE O
c Term of hedge . .
d Was the hedge superintegrated? .		X				X
e Was a hedge terminated? .		X				X
4a Were gross proceeds invested in a GIC? .		X		X		X		X
b Name of provider .
c Term of GIC . .
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? .
5 Were any gross proceeds invested beyond an available temporary period? .		X	X		X			X
6 Did the bond issue qualify for an exception to rebate? . . .	X			X		X		X

Schedule K (Form 990) 2010

Page 3

Part V

Supplemental Information

Complete this part to provide additional information for responses to questions on Schedule K (see instructions).

Identifier	Return Reference	Explanation

Schedule K (Form 990) 2010

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

Complete if the organization answered
"Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c,
or Form 990-EZ, Part V lines 38a or 40b.
MediumBullet

Attach to Form 990 or Form 990-EZ. MediumBullet

See separate instructions.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

Excess Benefit Transactions (section 501(c)(3) and section 501 (c)(4) organizations only).
Complete if the organization answered "Yes" on Form 990, Part IV, line 25a or 25b, or Form 990-EZ, Part V, line 40b.

1(a) Name of disqualified person	(b) Description of transaction	(c) Corrected?
1(a) Name of disqualified person	(b) Description of transaction	Yes	No

Enter the amount of tax imposed on the organization managers or disqualified persons during the year under section 4958. ......................... Bullet Image

Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ....... Bullet Image

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 26, or Form 990-EZ, Part V, line 38a.

(a) Name of interested person and purpose	(b) Loan to or from the organization?		(c)Original principal amount	(d)Balance due	(e) In default?		(f) Approved by board or committee?		(g)Written agreement?
(a) Name of interested person and purpose	To	From	(c)Original principal amount	(d)Balance due	Yes	No	Yes	No	Yes	No






Total ............... $

Part III

Grants or Assistance Benefitting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.

(a) Name of interested person	(b)Relationship between interested person and the organization	(c)Amount of grant or type of assistance

For Privacy Act and Paperwork Reduction Act Notice, see the
Instructions for Form 990 or 990-EZ.

Cat. No. 50056A

Schedule L (Form 990 or 990-EZ) 2010

Page 2

Part IV

Business Transactions Involving Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 28a, 28b, or 28c.

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) BARNES NOBLE COLLEGE BOOKSTORES	SEE PART V	1,641,189	SEE PART V		No
(2) IRON MOUNTAIN	SEE PART V	195,717	SEE PART V		No
(3) JOHN BATTAGLINO JR	SEE PART V	112,077	EMPLOYMENT COMPENSATION		No
(4) JENNIFER BATTAGLINO	SEE PART V	54,558	EMPLOYMENT COMPENSATION		No
(5) MARY BETH HOWARD	SEE PART V	89,191	EMPLOYMENT COMPENSATION		No
(6) ANDREA MERCURIO	SEE PART V	62,766	EMPLOYMENT COMPENSATION		No
(7) ANTONIO MERCURIO	SEE PART V	91,144	EMPLOYMENT COMPENSATION		No

Part V

Supplemental Information

Complete this part to provide additional information for responses to questions on Schedule L (see instructions).

Identifier	Return Reference	Explanation
SCHEDULE L, PART IV, LINE 1		(B) TRUSTEE JOHN BATTAGLINO SERVES AS SENIOR VICE PRESIDENT OF BARNES & NOBLE COLLEGE BOOKSTORES. THE UNIVERSITY'S RELATIONSHIP WITH BARNES & NOBLE PREDATES MR. BATTAGLINO'S BECOMING A TRUSTEE. (D) UNDER A 1994 AGREEMENT BETWEEN BARNES & NOBLE AND THE UNIVERSITY, BARNES & NOBLE MAKES RENTAL AND OTHER PAYMENTS TO THE UNIVERSITY IN EXCHANGE FOR THE RIGHT TO OPERATE THE BOSTON UNIVERSITY BOOKSTORE. UNIVERSITY STUDENTS MAY PURCHASE THEIR BOOKS AND SUPPLIES THROUGH THE USE OF A DEBIT CARD, USING "CONVENIENCE POINTS" THROUGH THE UNIVERSITY. IN ADDITION, AS REFLECTED ABOVE, THE UNIVERSITY PURCHASES BOOKS AND SUPPLIES FOR ITS OWN USE ON A DISCOUNTED BASIS. SCHEDULE L, PART IV, LINE 2 (B) A FAMILY MEMBER OF TRUSTEE CARLA E. MEYER SERVES ON THE BOARD OF DIRECTORS OF IRON MOUNTAIN. THE UNIVERSITY'S RELATIONSHIP WITH IRON MOUNTAIN PREDATES MS. MEYER'S BECOMING A TRUSTEE. (D) THE TRANSACTION AMOUNT IN COLUMN (C) REPRESENTS THE COST OF ARCHIVING AND DIGITAL IMAGING SERVICES PURCHASED BY THE UNIVERSITY FOR RECORDS STORAGE. SCHEDULE L, PART IV, LINE 3 (B) FAMILY MEMBER OF TRUSTEE JOHN BATTAGLINO. SCHEDULE L, PART IV, LINE 4 (B) FAMILY MEMBER OF TRUSTEE JOHN BATTAGLINO. SCHEDULE L, PART IV, LINE 5 (B) FAMILY MEMBER OF OFFICER MARTIN J. HOWARD. SCHEDULE L, PART IV, LINE 6 (B) FAMILY MEMBER OF KEY EMPLOYEE JOSEPH P. MERCURIO. SCHEDULE L, PART IV, LINE 7 (B) FAMILY MEMBER OF KEY EMPLOYEE JOSEPH P. MERCURIO.

Schedule L (Form 990 or 990-EZ) 2010

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

NonCash Contributions

Complete if the organization answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image

Attach to Form 990.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

Types of Property

	(a) Check if applicable	(b) Number of Contributions or items contributed	(c) Contribution amounts reported on Form 990, Part VIII, line 1g	(d) Method of determining contribution amounts
1 Art—Works of art ....	X	1	1,000	INDEP. APPRAISAL
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..	X		248,322	INDEP. APPRAISAL
5 Clothing and household goods .......
6 Cars and other vehicles ..	X	1,079	512,862	NET PROCEEDS
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	17	2,403,384	MEAN PRICE ON DATE
10 Securities—Closely held stock .
11 Securities—Partnership, LLC, or trust interests ....
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .
16 Real estate—Commercial ..
17 Real estate—Other ...
18 Collectibles .....
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( ELECTRONICS & INFORMATION TECHNOLOGY )	X	6	1,719,842	INDEP. APPRAISAL
26 Other ( EVENT SUPPORT )	X	14	41,571	EVENT SUPPORT COST
27 Other ( EQUIPMENT - MEDICAL, RESEARCH, EDUCATIONAL, ETC. )	X	9	114,193	INDEP. APPRAISAL
28 Other ( DONATED AUCTION ITEMS )	X	112	131,923	INDEP. APPRAISAL

Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement ...

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1-28 that it

must hold for at least three years from the date of the initial contribution, and which is not required to be used

for exempt purposes for the entire holding period? ..................

30a

If "Yes," describe the arrangement in Part II.

Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell non-cash

contributions? ............................

32a

Yes

If "Yes," describe in Part II.

If the organization did not report revenues in column (c) for a type of property for which column (a) is checked,

describe in Part II.

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 51227J

Schedule M (Form 990) 2010

Page 2

Part II

Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33. Also complete this part for any additional information.

Identifier	Return Reference	Explanation
SCHEDULE M, PART I	THE AMOUNTS LISTED IN COLUMN (B) OF SCHEDULE M PART I REPRESENT	CONTRIBUTION TOTALS, NOT INDIVIDUAL TOTALS. SCHEDULE M, PART I, LINE 32B EXPLANATION OF THIRD PARTY USED TO ENGAGE IN NONCASH TRANSACTIONS; The UNIVERSITY uses a trading brokerage account at State Street Bank to receive and sell gifts of marketable securities. The bank charges the University a commission when each security is sold.

Schedule M (Form 990) 2010

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or to provide any additional information.
MediumBullet

Attach to Form 990 or 990-EZ.

OMB No. 1545-0047

2010

Open to Public
Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Identifier	Return Reference	Explanation
organization's mission	FORM 990, PART I, LINE 1 & PART III, LINE 1	Boston University is an international, comprehensive, private research university, committed to educating students to be reflective, resourceful individuals ready to live, adapt, and lead in an interconnected world. Boston University is committed to generating new knowledge to benefit society. Form 990, Part III, Line 4A Instruction - Boston University today is one of the most dynamic, forward-looking private research universities in the world, with students and faculty who are immersed in innovative educational programs at the frontiers of scholarship and research and in public service, all in a 21st century atmosphere of urban and global engagement. With 17 schools and colleges on our two campuses, we offer our students more than 250 programs of study in the liberal arts, science and engineering, health science, the arts, and other professional disciplines. Our students come from all over the globe and study around the world through study-abroad programs offering opportunities in more than 75 programs and 23 foreign countries. Our faculty are committed to excellence in teaching and in path-breaking research and scholarship. Through their research, scholarship, and creative endeavors, they are expanding the boundaries of knowledge across disciplines, from molecular medicine, biological evolution and high-energy physics to management, poetry and the performing arts. We place a strong emphasis on the interdisciplinary and collaborative efforts of both faculty and students, with major initiatives in emerging areas such as neuroscience, systems biology, photonics, and global health and development, as well as research and treatments for emerging infectious diseases. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES CONSIST OF: LIBRARIES, ACADEMIC SERVICES, STUDENT SERVICES, EXTERNAL PROGRAMS, & OTHER DEDUCTIONS. FORM 990, PART IV, LINE 12 & PART XI, LINE 2 The Trustees of Boston University's Financial Statements were audited on a consolidated basis.
FOREIGN ACCOUNTS	FORM 990, PART V, LINE 4B	THE TRUSTEES OF BOSTON UNIVERSITY HAS BANK ACCOUNTS IN FOREIGN COUNTRIES. THESE ACCOUNTS FUND THE OPERATIONS OF THE UNIVERSITY'S UNDERGRADUATE AND GRADUATE OVERSEAS PROGRAMS. FOREIGN COUNTRIES INCLUDE: AUSTRALIA BELGIUM ECUADOR IRELAND FRANCE GERMANY ITALY NIGER NEW ZEALAND SPAIN SWITZERLAND UNITED KINGDOM (ENGLAND, NORTHERN IRELAND, SCOTLAND, AND WALES) ZAMBIA
FORM 990, PART V, LINE 5A		In 1998, Boston University entered into a transaction now described in Section 4965(e). The other parties to the transaction are John Hancock Mutual Life Insurance Company, AIG-FP Funding (Cayman) Limited, AIG-FP Special Finance (Cayman) Limited, and Wilmington Trust Company, as Trustee. All income earned by the University from this transaction was allocated, in accordance with the University's established accounting methods, to its fiscal year ending June 30, 1998. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEE RICHARD D. COHEN WAS AN OFFICER AND DIRECTOR OF, AND HELD AN OWNERSHIP INTEREST IN, AN ENTITY OWNING THE RESIDENTIAL COMPONENT OF A MIXED-USE REAL ESTATE DEVELOPMENT. TRUSTEE ALAN M. LEVENTHAL HAD AN OWNERSHIP INTEREST IN AN ENTITY OWNING THE COMMERCIAL COMPONENT OF THE SAME DEVELOPMENT. THE TWO COMPONENTS AGREED TO ALLOCATE, ON A PROPORTIONATE BASIS, COMMON COSTS ASSOCIATED WITH OPERATING THE DEVELOPMENT. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION, A DRAFT OF THE FORM 990 IS REVIEWED BY THE UNIVERSITY'S COMPTROLLER AND BY THE CHIEF FINANCIAL OFFICER (AS WELL AS OTHER FINANCE/ACCOUNTING STAFF), AND BY THE UNIVERSITY'S GENERAL COUNSEL. THE UNIVERSITY'S PUBLIC ACCOUNTING FIRM, PRICEWATERHOUSECOOPERS, IS INVOLVED THROUGHOUT THE PROCESS OF PREPARATION AND REVIEW OF THE RETURN. THE FORM IS THEN SENT TO THE UNIVERSITY'S AUDIT COMMITTEE TO BE REVIEWED DURING ITS ANNUAL SPRING MEETING. AFTER AUDIT COMMITTEE REVIEW, THE FINAL RETURN IS PROVIDED TO THE BOARD OF TRUSTEES VIA A SECURE INTRANET SITE BEFORE IT IS FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C ALL TRUSTEES, OFFICERS, KEY EMPLOYEES AND OTHER REPRESENTATIVES (INCLUDING VICE PRESIDENTS AND OTHER MANAGERIAL PERSONNEL) ARE REQUIRED TO DISCLOSE ON THE UNIVERSITY'S CONFLICT OF INTEREST DISCLOSURE FORM ANY BUSINESS OR FINANCIAL RELATIONSHIP THEY OR MEMBERS OF THEIR IMMEDIATE FAMILIES HAVE OR PROPOSE TO HAVE WITH THE UNIVERSITY, EITHER DIRECTLY OR THROUGH ANOTHER ENTITY IN WHICH THEY HAVE A SIGNIFICANT INTEREST. THE DISCLOSURE FORM IS REQUIRED TO BE FILED ANNUALLY; AN AMENDED FORM MUST BE FILED PROMPTLY IN THE EVENT OF A MATERIAL CHANGE IN CIRCUMSTANCES. A TRUSTEE OR OFFICER IS REQUIRED TO PROVIDE ADVANCE WRITTEN DISCLOSURE OF ANY PROPOSED BUSINESS OR FINANCIAL RELATIONSHIP COVERED BY THIS POLICY TO THE CHAIRMAN OF THE AUDIT COMMITTEE. AN EMPLOYEE OR OTHER REPRESENTATIVE MUST PROVIDE ADVANCE WRITTEN DISCLOSURE OF ANY SUCH RELATIONSHIP TO THE COMPLIANCE COMMITTEE. FORM 990, PART VI, SECTION B, LINE 15B EACH YEAR, INCLUDING THE YEAR COVERED BY THIS RETURN, THE FOLLOWING PROCESS IS USED TO ESTABLISH THE COMPENSATION OF THE FOLLOWING INDIVIDUALS: THE PRESIDENT; UNIVERSITY PROVOST; MEDICAL CAMPUS PROVOST; EXECUTIVE VICE PRESIDENT; SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND TREASURER; AND THE SENIOR VICE PRESIDENT, GENERAL COUNSEL, AND SECRETARY OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (WHICH CONSISTS ENTIRELY OF INDEPENDENT PERSONS HAVING NO CONFLICTS OF INTEREST AS DEFINED IN THE APPLICABLE REGULATIONS) ENGAGES THE SERVICES OF AN INDEPENDENT CONSULTING FIRM TO OBTAIN DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMMITTEE REVIEWS THIS DATA AND THE PERFORMANCE OF THE INDIVIDUALS HOLDING THE POSITIONS IN QUESTION, AND IT DEVELOPS A RECOMMENDATION REGARDING THE PRESIDENT'S COMPENSATION AND CONSIDERS THE PRESIDENT'S COMPENSATION RECOMMENDATIONS FOR EACH OF THE OTHER COVERED PERSONS. THE EXECUTIVE COMPENSATION COMMITTEE THEN PRESENTS THE DATA AND ITS COMPENSATION RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. THE DELIBERATIONS AND ACTIONS OF BOTH THE EXECUTIVE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES ARE DOCUMENTED CONTEMPORANEOUSLY. Form 990, Part VI, SECTION C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS OWN WEBSITE.
Form 990, Part VII, Section A	Martin J. Howard, officer of Boston University, DEVOTES LESS THAN ONE	HOUR EACH per week to 660 Corporation AND 520 COMMONWEALTH AVENUE REAL ESTATE CORPORATION, BOTH related organizationS. Karen H. Antman MD, key employee of Boston University, Aram V. Chobanian MD, former officer of Boston University, and James M. Becker MD, ONE OF THE highest compensated employeeS of Boston University, each devote approximately one hour per week to Faculty Practice Foundation, Inc., a related organization. TRUSTEE ADAM SWEETING was compensated as a faculty member, not as a trustee. FORM 990, PART XI, LINE 5 AMOUNTS SHOWN IN LINE 5 AS OTHER CHANGES IN NET ASSETS OR FUND BALANCES CONSIST OF UNREALIZED GAINS/(LOSSES) ON UNIVERSITY INVESTMENTS AND SWAP TRANSACTIONS.
SCHEDULE K, PART I, LINE C		MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) - SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS IN THE AMOUNT OF $536,365,000 WERE ISSUED TO CURRENTLY REFUND MDFA SERIES R AND MASSACHUSETTS HEFA SERIES Q BONDS IN THE AMOUNT OF $336,365,000. THE BALANCE OF SERIES U PROCEEDS IN THE AMOUNT OF $200,000,000 WERE NEW MONEY BONDS. SCHEDULE K, PART I, LINE D MDFA SERIES V1, V2 AND V3 BONDS IN THE AMOUNT OF $117,370,000 WERE ISSUED TO CURRENTLY REFUND MDFA SERIES U-6B AND U-6D BONDS IN THE AMOUNT OF $73,370,000 AND MASSACHUSETTS HEFA SERIES H BONDS IN THE AMOUNT OF $44,000,000. SCHEDULE K, PART II, LINES 5-7, COLUMNS A-D COST OF ISSUANCE IN THE AMOUNT OF $355,425 IS COMPRISED OF ISSUANCE COSTS TOTALING $197,925 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $157,500. COLUMN B: COST OF ISSUANCE IN THE AMOUNT OF $1,008,534 IS COMPRISED OF ISSUANCE COSTS TOTALING $276,204 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $732,330. COLUMN C: COST OF ISSUANCE IN THE AMOUNT OF $863,269 IS COMPRISED OF ISSUANCE COSTS TOTALING $364,667 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $498,602. COLUMN D: COST OF ISSUANCE IN THE AMOUNT OF $395,000 IS COMPRISED OF ISSUANCE COSTS TOTALING $150,179 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $244,821. SCHEDULE K, PART III, LINES 4 & 5, COLUMNS A-C The University finances capital projects with both equity and debt and made a timely election to allocate equity proceeds to any private business use for the referenced debt issues. If private business use for the referenced debt issues does not exceed the equity allocation, the private business use is reported as 0.00%. SCHEDULE K, PART IV, LINES 3A & 3B, COLUMN C THE HEDGES THAT ARE ALL OR IN PART IDENTIFIED WITH MDFA - SERIES U-1, U-2, U-3, U-4, U-5 AND U-6 BONDS ARE AS FOLLOWS: WELLS FARGO: 30 YEARS, GOLDMAN SACHS: 20-33 YEARS, MERRILL LYNCH: 33-34 YEARS, AND DEUTSCHE BANK: 34 YEARS. SCHEDULE K, PART IV, LINE 5, COLUMNS B-C UNSPENT PROCEEDS THAT WERE NOT DRAWN FOR CAPITAL EXPENDITURES DURING THE PRESCRIBED AVAILABLE TEMPORARY PERIOD WERE NOT INVESTED ABOVE THE BOND YIELD.

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2010

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

Complete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBullet

Attach to Form 990. MediumBullet

See separate instructions.

OMB No. 1545-0047

2010

Open to Public Inspection

Name of the organization

TRUSTEES OF BOSTON UNIVERSITY

Employer identification number

04-2103547

Part I

Identification of Disregarded Entities (Complete if the organization answered "Yes" on Form 990, Part IV, line 33.)

(a) Name, address, and EIN of disregarded entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Total income	(e) End-of-year assets	(f) Direct controlling entity
(1) Lure Restaurant Group LLC 650 Beacon Street S 501 Boston,MA02215 80-0032198	Restaurant	MA	4,062,492	2,837,623	BU TRUSTEES
(2) University Inn LLC 650 Beacon Street S 501 Boston,MA02215 04-3493329	Hotel	MA	11,281,215	4,457,947	BU TRUSTEES
(3) BU FUNDING LLC 108 BAY STATE ROAD BOSTON,MA02215 87-0773653	LLC	MA	1,733	42,789,072	BU TRUSTEES

Part II

Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year.)

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	(g) Section 512(b)(13) controlled organization
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1) Boston Emergency Physician Foundation 860 Harrison Avenue Boston,MA02118 04-3286156	Medicine	MA	501C3	11c III-FI	na		No
(2) Boston Rehabilitation Med Assoc Inc 732 Harrison Avenue Boston,MA02118 04-3286641	Medicine	MA	501C3	11c III-FI	na		No
(3) BU Cardiac & Thoracic Surgical Fdn Inc 88 E Newton Street Boston,MA02118 04-2966416	Medicine	MA	501C3	11c III-FI	na		No
(4) Boston University Dermatology Inc 49 Pearl Street Brockton,MA02301 04-3335166	Medicine	MA	501C3	11c III-FI	na		No
(5) BU Dermatology Support Services I Inc 49 Pearl Street Brockton,MA02301 04-3452877	Medicine	MA	501C3	11c III-FI	na		No
(6) BU Dermatology Support Services II Inc 49 Pearl Street Brockton,MA02301 04-3452874	Medicine	MA	501C3	11c III-FI	na		No
(7) Boston University Eye Associates Inc 720 Harrison Avenue 10th Fl Boston,MA02118 04-3137333	Medicine	MA	501C3	11c III-FI	na		No
(8) Boston University Family Medicine Inc 1 Boston Medical Ctr Pl Suite 2 Boston,MA02118 04-3354353	Medicine	MA	501C3	11c III-FI	na		No
(9) BU General Surgical Associates Inc 720 Harrison Avenue Suite 700 Boston,MA02118 04-3265008	Medicine	MA	501C3	11c III-FI	na		No
(10) BU Mallory Pathology Associates Inc 784 Massachusetts Avenue Boston,MA02118 04-2794543	Medicine	MA	501C3	11c III-FI	na		No
(11) BU Medical Center Anesthesiologists Inc 88 East Newton Street Boston,MA02118 04-3276227	Medicine	MA	501C3	11c III-FI	na		No
(12) BU Medical Center Urologists Inc 720 Harrison Avenue Boston,MA02118 04-3286643	Medicine	MA	501C3	11c III-FI	na		No
(13) BU Neurology Associates Inc 720 Harrison Avenue 707 Boston,MA02118 04-3428462	Medicine	MA	501C3	11c III-FI	na		No
(14) BU Neurosurgical Associates Inc 88 East Newton Street Boston,MA02118 04-3296068	Medicine	MA	501C3	11c III-FI	na		No
(15) BU Obstetrics & Gynecology Fdn Inc 750 Harrison Avenue Suite 1105 Boston,MA02118 04-3067465	Medicine	MA	501C3	11c III-FI	na		No
(16) BU Orthopaedic Surgical Associates Inc 720 Harrison Avenue 808 Boston,MA02118 04-3354360	Medicine	MA	501C3	11c III-FI	na		No
(17) BU Plastic Surgery Association Inc 720 Harrison Avenue Suite 906 Boston,MA02118 04-3555478	Medicine	MA	501C3	11c III-FI	na		No
(18) BU Psychiatry Associates Inc 720 Harrison Avenue Suite 906 Boston,MA02118 04-3355267	Medicine	MA	501C3	11c III-FI	na		No
(19) BU Medical Center Radiologists Inc 88 East Newton Street Boston,MA02118 04-3283573	Medicine	MA	501C3	11c III-FI	na		No
(20) BU Surgical Associates Inc 660 Harrison Avenue 3rd Floor Boston,MA02118 04-3291148	Medicine	MA	501C3	11c III-FI	na		No
(21) Center for Human Genetics Inc 715 Albany Street W-4th Floor Boston,MA02118 04-3154223	Research	MA	501C3	11c III-FI	BU TRUSTEES	Yes
(22) Child Health Foundation of Boston Inc 1 Boston Medical Center Place Boston,MA02118 04-2472758	Medicine	MA	501C3	11c III-FI	na		No
(23) Evans Medical Foundation Inc 88 East Newton Street 107 Boston,MA02118 51-0172171	Medicine	MA	501C3	11c III-FI	na		No
(24) Faculty Practice Foundation Inc 660 Harrison Avenue 3rd Floor Boston,MA02118 04-3289381	Medicine	MA	501C3	11b II	na		No
(25) Mercond Inc 881 Commonwealth Avenue Boston,MA02215 04-3099628	Holding Co.	MA	501C2	n/a	BU TRUSTEES	Yes
(26) WRNI Foundation Inc 881 Commonwealth Avenue Boston,MA02215 04-3428866	Radio Station	RI	501C3	7	BU TRUSTEES	Yes
(27) BU MEDICAL CENTER OTOLARYNGOLOGIC FDN 88 NEWTON STREET BOSTON,MA02118 04-3156471	MEDICINE	MA	501C3	11C III-FI	NA		No
(28) THE MASS GREEN HIGH PERF COMPUTING CTR 77 MASS AVE CAMBRIDGE,MA02139 27-3014805	RESEARCH CTR	MA	501C3	11A-I	NA		No
(29) MGHPCC HOLYOKE INC 77 MASS AVE CAMBRIDGE,MA02139 45-2257442	RESEARCH CTR	MA	501C3	11A-I	NA		No
(30) BOSTON UNIVERSITY (USA) LONDON CHARITY 5-10 ST PAULS CHURCHYARD LONDON EC4M 8AL UK	EDU. SUPPORT	UK	N/A	N/A	BU TRUSTEES	Yes

For Privacy Act and Paperwork Reduction Act Notice, see the Instructions for Form 990.

Cat. No. 50135Y

Schedule R (Form 990) 2010

Page 2

Part III

Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.)

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Predominant income(related, unrelated, excluded from tax under sections 512-514)	(f) Share of total income	(g) Share of end-of-year assets	(h) Disproprtionate allocations?		(i) Code VUBI amount in box 20 of Schedule K-1 (Form 1065)	(j) General or managing partner?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity		(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code VUBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No
(1) EUSA LLP 1A QUEENSBERRY PLACE LONDON SW7 2DL UK	EDUCATION	UK	BU EUREUSA LLP	N/A

Part IV

Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.)

(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity	(e) Type of entity (C corp, S corp, or trust)	(f) Share of total income	(g) Share of end-of-year assets	(h) Percentage ownership
(1) 520 Commonwealth Avenue Real Estate Corp 881 Commonwealth Avenue Boston,MA02215 04-2272027	Real Estate	MA	BU TRUSTEES	c Corp	2,565,104	8,512,400	100.000 %
(2) LURE RESTAURANT GROUPEastern Standard 650 Beacon Street Suite 501 Boston,MA02215 20-2680347	Restaurant	MA	BU TRUSTEES	S Corp	727,294	3,164,579	95.000 %
(3) CHARITABLE REMAINDER TRUSTS (14)	SUPPORT	MA	BU TRUSTEES	TRUST
(4) BOSTON UNIVERSITY (USA) EUROPE LIMITED 1A QUEENSBERRY PLACE LONDON SW7 2DL UK	EDU. SUPPORT	UK	BU(USA)LONDON	CORP
(5) EUSA (UK) LIMITED 1A QUEENSBERRY PLACE LONDON SW7 2DL UK	EDU. SUPPORT	UK	BU(USA) EUROPE	CORP

Schedule R (Form 990) 2010

Page 3

Part V

Transactions With Related Organizations (Complete if the organization answered "Yes" on Form 990, Part IV, line 34, 35, 35A, or 36.)

Note. Complete line 1 if any entity is listed in Parts II, III or IV.

Yes

1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?

a Receipt of (i) interest (ii) annuities (iii) royalties (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .

b Gift, grant, or capital contribution to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

c Gift, grant, or capital contribution from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

d Loans or loan guarantees to or for other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

e Loans or loan guarantees by other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

f Sale of assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

g Purchase of assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

h Exchange of assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

i Lease of facilities, equipment, or other assets to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

j Lease of facilities, equipment, or other assets from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .

k Performance of services or membership or fundraising solicitations for other organization(s) . . . . . . . . . . . . . . . . . . . . . .

l Performance of services or membership or fundraising solicitations by other organization(s) . . . . . . . . . . . . . . . . . . . . . .

m Sharing of facilities, equipment, mailing lists, or other assets . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

n Sharing of paid employees . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

o Reimbursement paid to other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

p Reimbursement paid by other organization for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

q Other transfer of cash or property to other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

r Other transfer of cash or property from other organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .

If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.

(a) Name of other organization	(b) Transaction type(a-r)	(c) Amount involved
(1) 520 COMMONWEALTH AVENUE REAL ESTATE CORP	I	605,409
(2) 520 COMMONWEALTH AVENUE REAL ESTATE CORP	N	200,000
(3)
(4)
(5)
(6)

Schedule R (Form 990) 2010

Page 4

Part VI

Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" on Form 990, Part IV, line 37.)

Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.

(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Are all partners section 501(c)(3) organizations?		(e) Share of end-of-year assets	(f) Disproprtionate allocations?		(g) Code VUBI amount in box 20 of Schedule K-1 (Form 1065)	(h) General or managing partner?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(e) Share of end-of-year assets	Yes	No	(g) Code VUBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2010

Page 5

Part VII

Supplemental Information

Complete this part to provide additional information for responses to questions on Schedule R (see instructions).

Identifier	Return Reference	Explanation

Additional Data

Software ID:
Software Version:

1	Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926 (see instructions for Form 926).................	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If " Yes," the organization may be required to file Form 3520 and/or Form 3520-A. (see instructions for Forms 3520 and 3520-A)..........	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with respect to Certain Foreign Corporations. (see instructions for Form 5471)..............................	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If "Yes," the organization may be required to file Form 8621, Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see instructions for Form 8621)	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with respect to Certain Foreign Partnerships. (see instructions for Form 8865)....................................	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to file Form 5713, International Boycott Report (see instructions for Form 5713)................................................	Yes	No