Form990
Click to see attachment
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)

MediumBullet The organization may have to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0047
2012
Open to Public Inspection
A For the 2012 calendar year, or tax year beginning 07-01-2012 , 2012, and ending 06-30-2013
BCheck if applicable:
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 FL
Suite
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 $ 2,338,286,213
F Name and address of principal officer:
ROBERT A BROWN PRESIDENT
ONE SILBER WAY
BOSTON,MA02215
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
http://www.bu.edu
H(a)
Is this a group return for
affiliates?
H(b)
Are all affiliates included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:
 
L Year of formation: 1869
M State of legal domicile: MA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 40
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 2011 (Part V, line 2a) ...... 5 25,631
6 Total number of volunteers (estimate if necessary) ............. 6 1,660
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 22,141,576
b Net unrelated business taxable income from Form 990-T, line 34 ......... 7b  
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 420,933,836 416,392,754
9 Program service revenue (Part VIII, line 2g) ......... 1,469,318,894 1,494,966,616
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 38,572,839 65,379,241
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 35,079,042 43,901,308
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 1,963,904,611 2,020,639,919
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 351,372,445 362,921,787
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) 949,059,771 979,527,077
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 204,283 132,861
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet22,992,952    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 529,627,382 532,979,624
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,830,263,881 1,875,561,349
19 Revenue less expenses. Subtract line 18 from line 12....... 133,640,730 145,078,570
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 4,329,848,069 4,648,075,901
21 Total liabilities (Part X, line 26)............. 2,180,943,056 2,211,659,276
22 Net assets or fund balances. Subtract line 21 from line 20..... 2,148,905,013 2,436,416,625
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
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
 
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ............
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y
Form 990 (2012)
Form 990 (2012)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response to any question in this Part III ...............
1
Briefly describe the organization’s mission: SEE SCHEDULE O
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? ......................
If “Yes,” describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program services? ............................
If “Yes,” describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations 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 $ 1,124,729,221 including grants of $ 324,355,554 ) (Revenue $ 1,161,520,406 )
SEE SCHEDULE O
4b (Code:   ) (Expenses $ 237,408,000 including grants of $ 38,566,233 ) (Revenue $ 53,761,401 )
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 $ 241,592,551 including grants of $   ) (Revenue $ 279,684,809 )
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 $ 86,187,950 including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet1,689,917,722
Form 990 (2012)
Form 990 (2012)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If “Yes,” complete Schedule AClick to see attachment........................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? Click to see attachment...
2
Yes
 
3
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 IClick to see attachment..........
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If “Yes,” complete Schedule C, Part IIClick to see attachment........
4
Yes
 
5
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 IIIClick to see attachment............................
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which 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 IClick to see attachment........................
6
 
No
7
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 IIClick to see attachment...
7
 
No
8
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....................
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; 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 IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi-endowments? If “Yes,” complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
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.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10?
If “Yes,” complete Schedule D, Part VI.Click to see attachment...................
11a
Yes
 
b
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 VIIClick to see attachment.......
11b
Yes
 
c
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 VIIIClick to see attachment.......
11c
 
No
d
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 IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If “Yes,” complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
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 XClick to see attachment.........................
11f
 
No
12a
Did the organization obtain separate, independent audited financial statements for the tax year?
If “Yes,” complete Schedule D, Parts XI and XII Click to see attachment.................
12a
 
No
b
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 and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If “Yes,” complete Schedule EClick to see attachment....
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States?.....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If “Yes,” complete Schedule F, Parts I and IV......... Click to see attachment
14b
Yes
 
15
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 United States? If “Yes,” complete Schedule F, Parts II and IVClick to see attachment
15
Yes
 
16
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 United States? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment
16
 
No
17
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 (see instructions).... Click to see attachment
17
Yes
 
18
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
18
Yes
 
19
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
19
 
No
20a
Did the organization operate one or more hospital facilities? If “Yes,” complete Schedule H....
20a
 
No
b
If “Yes” to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
Form 990 (2012)
Form 990 (2012)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants and other assistance to any government or organization in the United States on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II... Click to see attachment
21
Yes
 
22
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
22
Yes
 
23
Did the organization answer “Yes” to Part VII, Section A, line 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
23
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 lines 24b through 24d and complete Schedule K. If “No,” go to line 25................ Click to see list of attachments
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
Yes
 
c
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
 
No
d
Did the organization act as an “on behalf of” issuer for bonds outstanding at any time during the year?...
24d
 
No
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
 
No
b
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
 
No
26
Was a loan to or by a current or former officer, director, trustee, key employee, highest 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
26
 
No
27
Did the organization provide a grant or other assistance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member of any of these persons? If “Yes,” complete Schedule L, Part III......... Click to see attachment
27
 
No
28
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
A current or former officer, director, trustee, or key employee? If “Yes,” complete Schedule L, Part IV .......................... Click to see attachment
28a
 
No
b
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
 
c
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 direct or indirect owner? If “Yes,” complete Schedule L, Part IV... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If “Yes,” complete Schedule M..Click to see attachment
29
Yes
 
30
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
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If “Yes,” complete Schedule N,
Part I...........................
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If “Yes,” complete Schedule N, Part II......................
32
 
No
33
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
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If “Yes,” complete Schedule R, Part II, III, or IV, and Part V, line 1........................ Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, 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
35b
Yes
 
36
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
36
 
No
37
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 VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Form 990 (2012)
Form 990 (2012)
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
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
3,051
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
2a
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 ..................
2a
25,631
b
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)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No,” provide an explanation in Schedule O.....
3b
Yes
 
4a
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, securities account, or other financial account)?..........................
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletAS , BE , EC , EI , FR , GM , IT , NG , NZ , PE
See instructions for filing requirements for Form TD F 90-22.1, Report of Foreign Bank and Financial Accounts.
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year?..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If “Yes,” to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
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 as charitable contributions?...
6a
 
No
b
If “Yes,” did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible?........................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
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?....................
7a
Yes
 
b
If “Yes,” did the organization notify the donor of the value of the goods or services provided?.....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282?...........................
7c
 
No
d
If “Yes,” indicate the number of Forms 8282 filed during the year ....
7d
 
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?............................
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract?..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required?............................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C?..........................
7h
 
 
8
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?............
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the organization make any taxable distributions under section 4966?..........
9a
 
 
b
Did the organization make a distribution to a donor, donor advisor, or related person?.......
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
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
 
 
b
If “Yes,” enter the amount of tax-exempt interest received or accrued during the year. ....................
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state?
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If “No,” provide an explanation in Schedule O..
14b
 
 
Form 990 (2012)
Form 990 (2012)
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
No
1a
Enter the number of voting members of the governing body at the end of the tax year .....................
1a
40
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent ...................
1b
37
2
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? .................
2
Yes
 
3
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? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? ...........................
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .........................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
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.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If “Yes,” did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If “No,” go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If “Yes,” describe in Schedule O how this was done.......................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
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?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, 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
 
b
If “Yes,” did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the States with which a copy of this Form 990 is required to be filedMediumBullet
AK , CA , CO , HI , KY , MD , MA , MI , NH , NY , OH , OK , OR , SC
18
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 made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how), the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, physical address, and telephone number of the person who possesses the books and records of the organization:
MediumBulletGILLIAN EMMONS881 COMMONWEALTH AVENUE 4TH FLOORBOSTONMA022151303 (617) 353-2290
Form 990 (2012)
Form 990 (2012)
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. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

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

RoundBullet 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.

RoundBullet 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 organization compensated any current officer, director, or trustee.
(A)
Name and Title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(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
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(1) Robert A Brown........................................................................
PRESIDENT
 55.0
.......................1.0 		X   X       887,813   543,130
(2) KATHERYN PFISTERER DARR........................................................................
TRUSTEE & PROFESSOR
 55.0
.......................   		X           121,896   15,590
(3) ROBERT A KNOX........................................................................
TRUSTEE
 3.0
.......................   		X                
(4) JOHN P HOWE III........................................................................
TRUSTEE
 3.0
.......................   		X                
(5) RICHARD D COHEN........................................................................
TRUSTEE
 3.0
.......................   		X                
(6) JONATHAN R COLE........................................................................
TRUSTEE
 3.0
.......................   		X                
(7) SHAMIM A DAHOD........................................................................
TRUSTEE
 3.0
.......................   		X               0
(8) DAVID F D'ALESSANDRO........................................................................
TRUSTEE
 3.0
.......................   		X                
(9) SUDARSHANA DEVADHAR........................................................................
TRUSTEE
 3.0
.......................   		X                
(10) RICHARD B DEWOLFE........................................................................
TRUSTEE
 3.0
.......................   		X                
(11) KENNETH J FELD........................................................................
TRUSTEE
 3.0
.......................   		X                
(12) SIDNEY J FELTENSTEIN........................................................................
TRUSTEE
 3.0
.......................   		X                
(13) RONALD G GARRIQUES........................................................................
TRUSTEE
 3.0
.......................   		X                
(14) RICHARD C GODFREY........................................................................
TRUSTEE
 3.0
.......................   		X                
(15) SUNGEUN HAN-ANDERSON........................................................................
TRUSTEE
 3.0
.......................   		X                
(16) BAHAA R HARIRI........................................................................
TRUSTEE
 3.0
.......................   		X                
(17) ROBERT J HILDRETH........................................................................
TRUSTEE
 3.0
.......................   		X                
Form 990 (2012)
Form 990 (2012)
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 (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(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
Individual Trustee or Director; Institutional Trustee; Officer; Key Employee; Highest compensated employee; Former;
(18) STEPHEN R KARP........................................................................
TRUSTEE
 3.0
.......................   		X                
(19) RAJEN A KILACHAND........................................................................
TRUSTEE
 3.0
.......................   		X                
(20) CLEVE L KILLINGSWORTH JR........................................................................
TRUSTEE
 3.0
.......................   		X                
(21) ELAINE B KIRSHENBAUM........................................................................
TRUSTEE
 3.0
.......................   		X                
(22) ANDREW R LACK........................................................................
TRUSTEE
 3.0
.......................   		X                
(23) ERIC S LANDER........................................................................
TRUSTEE
 3.0
.......................   		X                
(24) ALAN M LEVENTHAL........................................................................
TRUSTEE
 3.0
.......................   		X                
(25) J KENNETH MENGES JR........................................................................
TRUSTEE
 3.0
.......................   		X                
(26) CARLA E MEYER........................................................................
TRUSTEE
 3.0
.......................   		X                
(27) ALICIA C MULLEN........................................................................
TRUSTEE
 3.0
.......................   		X                
(28) PETER T PAUL........................................................................
TRUSTEE
 3.0
.......................   		X                
(29) CA LANCE PICCOLO........................................................................
TRUSTEE
 3.0
.......................   		X                
(30) CHRISTINE A POON........................................................................
TRUSTEE UNTIL 09/21/2012
 3.0
.......................   		X                
(31) STUART W PRATT........................................................................
TRUSTEE
 3.0
.......................   		X                
(32) ALLEN I QUESTROM........................................................................
TRUSTEE
 3.0
.......................   		X                
(33) RICHARD D REIDY........................................................................
TRUSTEE
 3.0
.......................   		X                
(34) SHARON G RYAN........................................................................
TRUSTEE
 3.0
.......................   		X                
(35) SD SHIBULAL........................................................................
TRUSTEE
 3.0
.......................   		X                
(36) RICHARD C SHIPLEY........................................................................
TRUSTEE
 3.0
.......................   		X                
(37) HUGO X SHONG........................................................................
TRUSTEE
 3.0
.......................   		X                
(38) BIPPY M SIEGAL........................................................................
TRUSTEE
 3.0
.......................   		X                
(39) NINA C TASSLER........................................................................
TRUSTEE
 3.0
.......................   		X                
(40) ANDREA L TAYLOR........................................................................
TRUSTEE
 3.0
.......................   		X                
(41) PETER D WEAVER........................................................................
TRUSTEE UNTIL 09/21/2012
 3.0
.......................   		X                
(42) STEPHEN M ZIDE........................................................................
TRUSTEE
 3.0
.......................   		X                
(43) Martin J Howard........................................................................
SR VP, CFO & TREASURER
 55.0
.......................1.0 		    X       430,014   56,663
(44) Todd LC Klipp........................................................................
SR VP, GEN COUNSEL & SECRETARY
 55.0
.......................   		    X       557,649   60,352
(45) Jean Morrison........................................................................
UNIVERSITY PROVOST
 55.0
.......................   		      X     628,443   184,823
(46) Karen H Antman........................................................................
MEDICAL CAMPUS PROVOST
 55.0
.......................3.0 		      X     698,175   34,263
(47) GARY W NICKSA........................................................................
SR VP FOR OPERATIONS
 55.0
.......................2.0 		      X     403,523   60,385
(48) PETER CUSATO........................................................................
VP AUXILIARY SVCS (RETIRED)
 0.0
.......................0.0 		        X   1,545,977   12,305
(49) BARRY ZUCKERMAN........................................................................
PROFESSOR & PHYSICIAN
  
.......................50.0 		        X   0 1,103,844 51,097
(50) PUSHKAR MEHRA........................................................................
PROFESSOR & ORAL SURGEON
 55.0
.......................   		        X   1,003,120   50,365
(51) WILLIAM CREEVY........................................................................
PROFESSOR & PHYSICIAN
  
.......................54.0 		        X   0 938,381 58,252
(52) CLARISSA HUNNEWELL........................................................................
CHIEF INVESTMENT OFFICER
 55.0
.......................   		        X   977,006 0 826
(53) Joseph P Mercurio........................................................................
EXECUTIVE VP (RETIRED)
 0.0
.......................0.0 		          X 813,096   27,434
(54) David Campbell........................................................................
FORMER PROVOST
 40.0
.......................   		          X 477,894   163,999
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 8,544,606 2,042,225 1,319,484
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet2,238
Yes
No
3
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 ..............
3
Yes
 
4
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...........................
4
Yes
 
5
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 ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
LSI EPI LLC, 144 NORTH ROAD SUITE 1000SUDBURYMA01776 CONSULTANT 7,946,270
EMBANET-COMPASS KNOWLEDGE GROUP INC, 50 NORTHWEST POINT BLVD 5TH FLOORELK GROVE VILLAGEIL60007 ONLINE SER. PROVIDER 9,948,049
BOND BROS INC, 145 SPRING STREETEVERETTMA02149 CONSTRUCTION 37,925,941
WALSH BROTHERS INCORPORATED, 210 COMMERCIAL STREETBOSTONMA02109 CONSTRUCTION 8,352,764
BRUNERCOTT ASSOCIATES INC, 130 PROSPECT STREETCAMBRIDGEMA02139 ENGINEERING 6,400,577
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet253
Form 990 (2012)
Form 990 (2012)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response to any question in this Part VIII ..............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512, 513, or 514
Contributions, Gifts, Grants and Other Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 1,060,318
d Related organizations...1d  
e Government grants (contributions)1e 325,857,682
f All other contributions, gifts, grants, and
similar amounts not included above1f 		89,474,754
g Noncash contributions included in lines
1a-1f:$ 		26,619,670
h Total. Add lines 1a-1f.......MediumBullet 416,392,754
Program Service Revenue Business Code
2a TUITION AND FEES 900099 1,161,520,406 1,161,520,406    
b AUX SALES & SERVICES 900099 279,684,809 279,684,809    
c NON-GOVERNMENT GRANTS 900099 53,761,401 53,761,401    
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 1,494,966,616
Other Revenue 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 46,623,839     46,623,839
4 Income from investment of tax-exempt bond proceeds..MediumBullet 1,086     1,086
5 Royalties...........MediumBullet 3,441,212     3,441,212
(i) Real (ii) Personal
6a Gross rents 38,651,177  
b Less: rental expenses 20,894,352  
c Rental income or (loss) 17,756,825 0
d Net rental income or (loss).......MediumBullet 17,756,825     17,756,825
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 313,947,106 -97,185
b Less: cost or other basis and sales expenses 295,095,605  
c Gain or (loss) 18,851,501 -97,185
d Net gain or (loss)..........MediumBullet 18,754,316   -97,185 18,851,501
8a Gross income from fundraising events (not including
$ 1,060,318
of contributions reported on line 1c). See Part IV, line 18 ..
a 2,120,847
b Less: direct expenses ...b 1,656,337
c Net income or (loss) from fundraising events..MediumBullet 464,510   464,510
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...MediumBullet 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..MediumBullet 0      
Miscellaneous Revenue Business Code
11a ATHLETIC RENTALS 713940 8,545,586   8,545,586  
b HOTEL OPERATIONS 721110 6,713,517   6,713,517  
c RESTAURANT OPERATIONS 722100 4,530,630   4,530,630  
d All other revenue .... 2,449,028   2,449,028  
e Total. Add lines 11a–11d ...... MediumBullet 22,238,761
12 Total revenue. See Instructions......MediumBullet 2,020,639,919 1,494,966,616 22,141,576 87,138,973
Form 990 (2012)
Form 990 (2012)
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).Check if Schedule O contains a response to any question in this Part IX ...............
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 United States. See Part IV, line 21 35,980,471 35,980,471
2 Grants and other assistance to individuals in the United States. See Part IV, line 22 324,355,554 324,355,554
3 Grants and other assistance to governments, organizations, and individuals outside the United States. See Part IV, lines 15 and 16 2,585,762 2,585,762
4 Benefits paid to or for members 0  
5 Compensation of current officers, directors, trustees, and key employees .... 4,666,105 3,646,842 353,619 665,644
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 1,261,456 1,261,456    
7 Other salaries and wages 752,258,860 657,654,693 82,692,951 11,911,216
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 62,103,128 54,293,031 6,826,760 983,337
9 Other employee benefits ....... 99,327,754 86,836,283 10,918,722 1,572,749
10 Payroll taxes ........... 59,909,774 52,375,514 6,585,653 948,607
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 2,756,213   2,756,213  
c Accounting ........... 980,426   980,426  
d Lobbying ........... 850,277 850,277    
e Professional fundraising services. See Part IV, line 17 132,861 132,861
f Investment management fees ...... 2,071,381   2,071,381  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) ........ 103,330,767 95,983,818 6,567,079 779,870
12 Advertising and promotion .... 7,883,580 5,074,996   2,808,584
13 Office expenses ....... 52,057,052 49,712,364 1,210,710 1,133,978
14 Information technology ...... 21,473,088 6,196,033 15,234,896 42,159
15 Royalties .. 525,900 525,900    
16 Occupancy ........... 163,047,463 148,243,819 14,750,031 53,613
17 Travel ............ 23,696,413 21,589,906 1,144,240 962,267
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 11,889,056 9,612,968 1,311,894 964,194
20 Interest ........... 0      
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 92,056,444 89,999,955 2,056,489  
23 Insurance .............. 5,421,435 2,038,754 3,382,681  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a RESEARCH & LABORATORY SUPPLIES 22,505,554 22,505,554    
b BOOKS & PERIODICALS 2,837,321 2,730,722 98,335 8,264
c DUES & MEMBERSHIPS 7,703,940 4,597,369 3,080,962 25,609
d EDUCATIONAL SERVICES 8,904,110 8,904,110    
e All other expenses 2,989,204 2,361,571 627,633  
25 Total functional expenses. Add lines 1 through 24e 1,875,561,349 1,689,917,722 162,650,675 22,992,952
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2012)
Form 990 (2012)
Page 11
Part X Balance Sheet Check if Schedule O contains a response to any question in this Part X ...............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash—non-interest-bearing ............. 0 1 0
2 Savings and temporary cash investments ......... 626,999,425 2 730,494,221
3 Pledges and grants receivable, net ........... 127,494,239 3 129,277,974
4 Accounts receivable, net ............. 174,566,838 4 173,882,348
5 Loans and other receivables from current and former officers, directors, trustees, key employees, and highest compensated employees. Complete Part II of
Schedule L ..................
0 5 0
6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations of section 501(c)(9) voluntary employees' beneficiary organizations (see instructions) Complete Part II of Schedule L
0 6 0
7 Notes and loans receivable, net ............. 7,113,675 7 9,349,842
8 Inventories for sale or use .............. 0 8 0
9 Prepaid expenses and deferred charges .......... 86,875,629 9 95,755,658
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 3,178,012,297
b Less: accumulated depreciation ..... 10b 1,135,919,051 2,006,536,573 10c 2,042,093,246
11 Investments—publicly traded securities .......... 364,890,170 11 422,884,154
12 Investments—other securities. See Part IV, line 11 ..... 935,371,520 12 1,044,338,458
13 Investments—program-related. See Part IV, line 11 ..... 0 13 0
14 Intangible assets ............... 0 14 0
15 Other assets. See Part IV, line 11 ........... 0 15 0
16 Total assets. Add lines 1 through 15 (must equal line 34)...... 4,329,848,069 16 4,648,075,901
Liabilities 17 Accounts payable and accrued expenses ......... 664,312,383 17 554,074,898
18 Grants payable ................. 0 18 0
19 Deferred revenue ................ 120,348,577 19 167,332,344
20 Tax-exempt bond liabilities ............. 914,900,000 20 1,006,585,000
21 Escrow or custodial account liability. Complete Part IV of Schedule D.. 0 21 0
22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified
persons. Complete Part II of Schedule L.......... 0 22 0
23 Secured mortgages and notes payable to unrelated third parties .. 331,733,471 23 329,802,654
24 Unsecured notes and loans payable to unrelated third parties .... 0 24 0
25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24). Complete Part X of Schedule D.................... 149,648,625 25 153,864,380
26 Total liabilities. Add lines 17 through 25......... 2,180,943,056 26 2,211,659,276
Net Assets or Fund Balance Organizations that follow SFAS 117 (ASC 958), check here MediumBullet and complete lines 27 through 29, and lines 33 and 34.
27 Unrestricted net assets .............. 1,203,745,568 27 1,377,572,989
28 Temporarily restricted net assets ........... 521,813,552 28 593,842,316
29 Permanently restricted net assets ........... 423,345,893 29 465,001,320
Organizations that do not follow SFAS 117 (ASC 958), check here MediumBullet 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 ........... 2,148,905,013 33 2,436,416,625
34 Total liabilities and net assets/fund balances ........ 4,329,848,069 34 4,648,075,901
Form 990 (2012)
Form 990 (2012)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response to any question in this Part XI ...............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
2,020,639,919
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,875,561,349
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
145,078,570
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
2,148,905,013
5
Net unrealized gains (losses) on investments ...............
5
144,570,783
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
2,071,381
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-4,209,122
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
2,436,416,625
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response to any question in this Part XII ..............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If “Yes,” to line 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?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
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?
3a
Yes
 
b
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
3b
Yes
 
Form 990 (2012)
Form 990, Special Condition Description:
Special Condition Description
Additional Data


Software ID:  
Software Version:  
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.
right arrow Attach to Form 990 or Form 990-EZ. right arrow See separate instructions.
OMB No. 1545-0047
2012
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.)
1
2
3
4
5
section 170(b)(1)(A)(iv). (Complete Part II.)
6
7
8
9
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.)
10
11
e
f
g
(i) A person who directly or indirectly controls, either alone or together with persons described in (ii)
Yes
No
and (iii) below, the governing body of 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)
 
 
h
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 9 above or IRC section (see instructions)) (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 monetary support
Yes No Yes No Yes No
Total                  

For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 2
Part II
Support Schedule for Organizations Described in Sections 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) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (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) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (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. Do not include gain or loss from the sale of capital assets (Explain in Part IV.)..            
11 Total support (Add lines 7 through 10).            
12
12
 
13
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
14
14
 
15
15
 
16a
b
17a
b
18
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) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 3
Part III
Support Schedule for Organizations Described in Section 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) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (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) right arrow (a) 2008 (b) 2009 (c) 2010 (d) 2011 (e) 2012 (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.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2012
Schedule A (Form 990 or 990-EZ) 2012
Page 4
Part IV
Supplemental Information. Complete this part to provide the explanations required by Part II, line 10; Part II, line 17a or 17b; and 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) 2012

Additional Data


Software ID:  
Software Version:  
Schedule B
(Form 990, 990-EZ,
or 990-PF)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors
Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
OMB No. 1545-0047
2012
Name of the organization
TRUSTEES OF BOSTON UNIVERSITY
 
Employer identification number

04-2103547
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ





Form 990-PF




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
Special Rules
......................... 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 on line H of its
Form 990-EZ or on Part I, 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) (2012)

Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
Page 2
Name of organization
TRUSTEES OF BOSTON UNIVERSITY
  		Employer identification number

04-2103547
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
     
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
RESTRICTED
RESTRICTED
 

     
RESTRICTED
RESTRICTED  
RESTRICTED, RESTRICTED   RESTRICTED

$RESTRICTED


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 

     
 
   

$  


(Complete Part II if there is a noncash contribution.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2012)

Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
Page 3
Name of organization
TRUSTEES OF BOSTON UNIVERSITY
  		Employer identification number

04-2103547
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
     
(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) (2012)

Schedule B (Form 990, 990-EZ, or 990-PF) (2012)
Page 4
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
that total 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 $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a) No.
from
Part I		 (b) Purpose of gift (c) Use 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 (c) Use 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 (c) Use 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 (c) Use 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) (2012)

Additional Data


Software ID:  
Software Version:  
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
2012
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 35c (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.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV.
2
Political expenditures ....................................SchCMd Bullet
$  
3
Volunteer hours ........................................
 

Part I-B
Complete if the organization is exempt under section 501(c)(3).
1
Enter the amount of any excise tax incurred by the organization under section 4955 .........SchCMd Bullet
$  
2
Enter the amount of any excise tax incurred by organization managers under section 4955 ......SchCMd Bullet
$  
3
If the organization incurred a section 4955 tax, did it file Form 4720 for this year? ..............
4a
Was a correction made? .........................................
b
If "Yes," describe in Part IV.
Part I-C
Complete if the organization is exempt under section 501(c), except section 501(c)(3).
1
Enter the amount directly expended by the filing organization for section 527 exempt function activities SchCMd Bullet
$  
2
Enter the amount of the filing organization's funds contributed to other organizations for section 527 exempt function activities ...................................SchCMd Bullet

$  
3
Total exempt function expenditures. Add lines 1 and 2. Enter here and on Form 1120-POL, line 17b..SchCMd Bullet

$  
4
Did the filing organization file Form 1120-POL for this year? ..........................
5
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 Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ.
Cat. No. 50084S
Schedule C (Form 990 or 990-EZ) 2012

Schedule C (Form 990 or 990-EZ) 2012
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 SchCMd Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(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? ......................................

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) 2009 (b) 2010 (c) 2011 (d) 2012 (e) Total
             
2a Lobbying nontaxable amount          
             
b Lobbying ceiling amount
(150% of line 2a, column(e)) 		         
             
c Total lobbying expenditures          
             
d Grassroots nontaxable amount          
             
e Grassroots ceiling amount
(150% of line 2d, column (e))		          
             
f Grassroots lobbying expenditures          
Schedule C (Form 990 or 990-EZ) 2012


Schedule C (Form 990 or 990-EZ) 2012
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)).
For each “Yes” response to lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.
(a)
No
Yes
(b)
Amount
1
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:
a
Volunteers? .........................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ....
Yes
 
c
Media advertisements? ....................................
 
No
 
d
Mailings to members, legislators, or the public? .........................
 
No
 
e
Publications, or published or broadcast statements? .......................
 
No
 
f
Grants to other organizations for lobbying purposes? .......................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
Yes
 
970,302
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? ..........................
Yes
 
 
j
Total. Add lines 1c through 1i ...............................
970,302
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 .................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 .....
 
d
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
No
1
Were substantially all (90% or more) dues received nondeductible by members? ................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? ..........
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered “No” OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members .....................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political
expenses for which the section 527(f) tax was paid).
a
Current year .........................................
2a
 
b
Carryover from last year ....................................
2b
 
c
Total ............................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
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? ................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) ..............
5
 
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; Part II-A (affiliated group list); Part II-A, line 2; and Part ll-B, line 1. 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 UNIVERSITY HAS A FEDERAL RELATIONS OFFICE WHICH MONITORS LEGISLATION AND OTHER FEDERAL GOVERNMENTAL DEVELOPMENTS OF INTEREST TO THE UNIVERSITY, SOMETIMES WITH THE ASSISTANCE OF CONSULTANTS. THE OFFICE ALSO SERVES AS A LIAISON BETWEEN THE UNIVERSITY AND VARIOUS GOVERNMENT OFFICIALS. THE UNIVERSITY FILES QUARTERLY REPORTS WITH CONGRESS DETAILING THESE ACTIVITIES AND EXPENSES. THE UNIVERSITY ALSO HAS TWO STAFF MEMBERS WHO HAVE 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 IN CONNECTION WITH THIS ACTIVITY. BOSTON UNIVERSITY PAYS DUES TO VARIOUS MEMBERSHIP ORGANIZATIONS IN AN EFFORT TO STAY CURRENT ON A WIDE VARIETY OF ACADEMIC, RESEARCH, GOVERNANCE, AND OTHER ISSUES. SOME OF THESE MEMBERSHIP ORGANIZATIONS CONDUCT LOBBYING ACTIVITIES, WHICH ARE REFLECTED IN THE UNIVERSITY'S LOBBYING REPORTS.
Schedule C (Form 990 or 990EZ) 2012

Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," to Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b
SchDMd Bullet Attach to Form 990. SchDMd Bullet See separate instructions.
OMB No. 1545-0047
2012
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 ........    
5
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? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can 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? ...................................
Part II
Conservation Easements. Complete if the organization answered "Yes" to Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the 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, and not on a historic structure listed in the National Register .................... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during
the tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and
enforcement of the conservation easements it holds? .............................
6
Staff and volunteer hours devoted to monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .......................................
9
In Part XIII, 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.
1a
If the organization elected, as permitted under SFAS 116 (ASC 958), 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 XIII, the text of the footnote to its financial statements that describes these items.
b
If the organization elected, as permitted under SFAS 116 (ASC 958), 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 $  
2
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 (ASC 958) relating to these items:
a
Revenues included in Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2012

Schedule D (Form 990) 2012
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
EDUCATION
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
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?........
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.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b
If "Yes," explain the arrangement in Part XIII and complete the following table:
Amount
c Beginning balance ................................. 1c  
d Additions during the year .............................. 1d  
e Distributions during the year ............................. 1e  
f Ending balance ................................... 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21? .....................
b
If “Yes,” explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ........
Part V
Endowment Funds. Complete if the organization answered "Yes" to Form 990, Part IV, line 10.
(a)Current year (b)Prior year b (c)Two years back (d)Three years back (e)Four years back
1a Beginning of year balance .... 1,118,685,496 1,135,909,982 959,889,613 861,769,410 1,085,438,014
b Contributions ........ 32,607,435 22,350,304 26,665,624 22,384,929 9,436,757
c Net investment earnings, gains, and losses 179,313,345 -1,050,776 181,672,889 105,788,254 -196,408,297
d Grants or scholarships ..... 13,706,973 12,216,801 11,414,768 10,134,298 9,992,733
e Other expenditures for facilities
and programs ........ 		26,777,636 20,436,580 15,509,591 14,942,542 13,452,024
f Administrative expenses .... 5,404,616 5,870,633 5,393,785 4,976,140 13,252,307
g End of year balance ...... 1,284,717,051 1,118,685,496 1,135,909,982 959,889,613 861,769,410
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet37.000 %
b
Permanent endowment SchDMd Bullet29.000 %
c
Temporarily restricted endowment SchDMd Bullet34.000 %
The percentages in lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) unrelated organizations ........................
3a(i)
 
No
(ii) related organizations ........................
3a(ii)
 
No
b
If "Yes" to 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment. See Form 990, Part X, line 10.
Description of property (a) Cost or other basis (investment) (b)Cost or other basis (other) (c) Accumulated depreciation (d) Book value
1a Land ................. 16,365,597 83,911,936 100,277,533
b Buildings ................ 126,294,011 2,440,163,421 811,416,272 1,755,041,160
c Leasehold improvements ............ 25,792,525 36,662,007 33,520,499 28,934,033
d Equipment ................   267,027,412 151,186,484 115,840,928
e Other .................   181,795,388 139,795,796 41,999,592
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 2,042,093,246
Schedule D (Form 990) 2012

Schedule D (Form 990) 2012
Page 3
Part VII
Investments—Other 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) ALTERNATIVES-HEDGE 		438,323,943 F

(B) ALTERNATIVES-NATURAL RESOURCES 		41,389,356 F

(C) ALTERNATIVES-PRIVATE 		192,610,187 F

(D) ALTERNATIVES-REAL ESTATE 		319,000,720 F

(E) RESIDUAL ASSET NOTE 		53,014,252 F




Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 1,044,338,458
Part VIII
Investments—Program 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) must equal Form 990, Part X, col.(B) line 13.)Small Bullet  
Part IX
Other Assets. See Form 990, Part X, line 15.
(a) Description (b) Book value








Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........Small Bullet  
Part X
Other Liabilities. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes 0
ANNUITIES PAYABLE 16,779,242
CAPITAL LEASE OBLIGATION 84,070,885
DISCOUNTED NOTE OBLIGATION 53,014,253






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 153,864,380
2. Fin 48 (ASC 740) Footnote. In Part XIII, 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 (ASC 740). Check here if the text of the footnote has been provided in Part XIII .....................................................
Schedule D (Form 990) 2012

Schedule D (Form 990) 2012
Page 4
Part XI 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 XIII.) ............ 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 XIII.) ........... 4b  
c Add lines 4a and 4b....................... 4c  
5 Total revenue. Add lines 3 and 4c. (This must equal Form 990, Part I, line 12.) ...... 5  
Part XII 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 XIII.) ............ 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 XIII.) ............ 4b  
c Add lines 4a and 4b....................... 4c  
5 Total expenses. Add lines 3 and 4c. (This must equal Form 990, Part I, line 18.) ...... 5  
Part XIII
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, line 2; Part XI, lines 2d and 4b; and Part XII, 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) 2012

Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990 or 990-EZ)
Department of the TreasuryInternal Revenue Service
Schools
Right pointing arrow large imageComplete 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
2012
Open to Public Inspection
Name of the organization
TRUSTEES OF BOSTON UNIVERSITY
 
Employer identification number

04-2103547
Part I
YES
NO
1
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? ......................
1
Yes
 
2
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? ......................................
2
Yes
 
3
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. .............................
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? ..........
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? ...............................................
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? ...........................
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? ..............
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? .....................................
5a
 
No
b
Admissions policies? .........................................
5b
 
No
c
Employment of faculty or administrative staff? ..............................
5c
 
No
d
Scholarships or other financial assistance? ................................
5d
 
No
e
Educational policies? .........................................
5e
 
No
f
Use of facilities? ...........................................
5f
 
No
g
Athletic programs? ..........................................
5g
 
No
h
Other extracurricular activities? .....................................
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? ...........
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? ...................
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
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.
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) 2012
Schedule E (Form 990 or 990EZ) 2012
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
SCHEDULE 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, GENDER IDENTITY, GENETIC INFORMATION, MILITARY SERVICE, OR BECAUSE OF MARITAL, PARENTAL, OR VETERAN STATUS. THIS POLICY EXTENDS TO ALL RIGHTS, PRIVILEGES, PROGRAMS, AND ACTIVITIES, INCLUDING ADMISSIONS, FINANCIAL ASSISTANCE, EDUCATIONAL AND ATHLETIC PROGRAMS, HOUSING, EMPLOYMENT, COMPENSATION, EMPLOYEE BENEFITS, AND THE PROVIDING OF, OR ACCESS TO, UNIVERSITY SERVICES OR FACILITIES. BOSTON UNIVERSITY RECOGNIZES THAT NON-DISCRIMINATION DOES NOT ENSURE THAT EQUAL OPPORTUNITY IS A REALITY. ACCORDINGLY, THE UNIVERSITY WILL CONTINUE TO TAKE AFFIRMATIVE ACTION TO ACHIEVE EQUAL OPPORTUNITY THROUGH RECRUITMENT, OUTREACH, AND INTERNAL REVIEWS OF POLICIES AND PRACTICES. INQUIRIES REGARDING THE APPLICATION OF THIS POLICY SHOULD BE ADDRESSED TO THE EXECUTIVE DIRECTOR OF EQUAL OPPORTUNITY, 19 DEERFIELD STREET, BOSTON, MA 02215 (617-353-9286). SCHEDULE 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 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) 2012
Additional Data


Software ID:  
Software Version:  
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image 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
2012
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.
1
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? ...................................
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of grant funds outside
the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in region (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 and investments
in region
Central America and the Caribbean     Investments INVESTMENTS 368,348,840
Central America and the Caribbean   5 Program Services RESEARCH 75,399
Central America and the Caribbean     Program Services SEMINAR 39,573
East Asia and the Pacific     Fundraising   45,802
East Asia and the Pacific     Grantmaking   320,251
East Asia and the Pacific   1 Program Services RESEARCH 488,553
East Asia and the Pacific     Program Services SEMINAR 498,994
East Asia and the Pacific 4 39 Program Services STUDY ABROAD 6,935,287
Europe (Including Iceland and Greenland)     Fundraising   27,312
Europe (Including Iceland and Greenland)     Grantmaking   1,174,870
Europe (Including Iceland and Greenland)     Investments INVESTMENTS 13,298,761
Europe (Including Iceland and Greenland) 1 10 Program Services RESEARCH 1,387,801
Europe (Including Iceland and Greenland)     Program Services SEMINAR 906,228
Europe (Including Iceland and Greenland) 18 219 Program Services STUDY ABROAD 27,543,090
Middle East and North Africa     Grantmaking   234,285
Middle East and North Africa     Fundraising   128,214
Middle East and North Africa     Program Services RESEARCH 109,049
Middle East and North Africa     Program Services SEMINAR 66,449
Middle East and North Africa     Program Services STUDY ABROAD 303,660
North America     Fundraising   2,863
North America     Grantmaking   366,098
North America     Investments INVESTMENTS 2,216,209
North America   7 Program Services RESEARCH 145,433
North America     Program Services SEMINAR 92,702
Russia and the Newly Independent States     Program Services RESEARCH 6,591
Russia and the Newly Independent States     Program Services SEMINAR 26,753
South America   1 Program Services RESEARCH 135,584
South America     Program Services SEMINAR 115,876
South America   4 Program Services STUDY ABROAD 791,049
South Asia     Fundraising   16,622
South Asia 1   Program Services RESEARCH 81,058
South Asia     Program Services SEMINAR 92,073
Sub-Saharan Africa     Grantmaking   490,258
Sub-Saharan Africa 6 361 Program Services RESEARCH 13,188,013
Sub-Saharan Africa     Program Services SEMINAR 87,529
Sub-Saharan Africa     Program Services STUDY ABROAD 58,930
3a Sub-total ..... 23 274 421,562,309
b Total from continuation sheets to Part I ... 7 373 18,283,750
c Totals (add lines 3a and 3b) 30 647 439,848,941
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2012
Schedule F (Form 990) 2012
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. Part II can be duplicated if additional space is needed.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount of
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
East Asia and the Pacific RESEARCH 139,293 WIRE      
East Asia and the Pacific RESEARCH 75,875 WIRE      
East Asia and the Pacific RESEARCH 91,175 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 40,833 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 5,670 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 8,803 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 170,903 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 125,953 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 80,461 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 43,411 WIRE      
Middle East and North Africa RESEARCH 234,285 WIRE      
North America RESEARCH 170,185 WIRE      
Sub-Saharan Africa RESEARCH 207,904 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 508,386 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 50,000 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 75,500 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 53,225 WIRE      
North America RESEARCH 187,711 WIRE      
Sub-Saharan Africa RESEARCH 135,600 WIRE      
Sub-Saharan Africa RESEARCH 216,188 WIRE      
North America RESEARCH 8,202 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 8,014 WIRE      
2 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
16
3
Enter total number of other organizations or entities .......................MediumBullet
6
Schedule F (Form 990) 2012
Schedule F (Form 990) 2012Page 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.
Part III can be duplicated 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) 2012
Schedule F (Form 990) 2012
Page 4
Part IV
Foreign Forms
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, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926)......................................
2 Did the organization have an interest in a foreign trust during the tax year? If “Yes,” the organizationmay be required to file Form 3520, Annual Return to Report Transactions with Foreign Trusts and Receipt of Certain Foreign Gifts, and/or Form 3520-A, Annual Information Return of Foreign Trust With a U.S. Owner (see Instructions for Forms 3520 and 3520-A).......................................
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)..............................
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)
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)....................................
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)................................................
Schedule F (Form 990) 2012
Schedule F (Form 990) 2012
Page 5
Part V
Supplemental Information
Complete this part to provide the information required by Part I, line 2 (monitoring of funds); Part I, line 3, column (f) (accounting method; amounts of investments vs. expenditures per region); Part II, line 1 (accounting method); Part III (accounting method); and Part III, column (c) (estimated number of recipients), as applicable. Also complete this part to provide any additional information (see instructions).
Identifier ReturnReference Explanation
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   THE INFORMATION REPORTED UNDER SCHEDULE F, PART I IS BASED ON REVIEW OF DISBURSEMENTS TO FOREIGN VENDORS AS WELL AS GRANT, PAYROLL, TRAVEL, AND INVESTMENT DATA.
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
     
Schedule F (Form 990) 2012
Additional Data


Software ID:  
Software Version:  



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. Form 990-EZ filers are not required to complete this part. right arrowAttach to Form 990 or Form 990-EZ. right arrowSee separate instructions.
OMB No. 1545-0047
2012
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.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
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?
b
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.
(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
Yes No
Marts Lundy Inc Fundraising Consultant   No   31,859  
PLUS DELTA PARTNERS FUNDRAISING CONSULTANT   No   10,671  
T HANDLER CONSULTING FUNDRAISING CONSULTANT   No   57,566  
CAREER DIRECTIONS FUNDRAISING CONSULTANT   No   32,765  
             
             
             
             
             
             
Total .................right arrow   132,861  
3
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.
AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, RI, SC, SD, TN, TX, UT, VT, VA, WA, WV, WI, WY
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2012
Schedule G (Form 990 or 990-EZ) 2012
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 of fundraising event contributions and gross income on Form 990-EZ, lines 1 and 6b. List events with gross receipts greater than $5,000.
(a) Event #1

WBUR VALENTINE
(event type) 		(b) Event #2

WBUR MOTHER'S
(event type) 		(c) Other events

4
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 1,250,853 1,068,620 861,692 3,181,165
2 Less: Contributions . . 264,746 389,640 405,932 1,060,318
3 Gross income (line 1
minus line 2) . . . 		986,107 678,980 455,760 2,120,847
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . .     159,953 159,953
6 Rent/facility costs . .     141,985 141,985
7 Food and beverages .     8,953 8,953
8 Entertainment . . .        
9 Other direct expenses . 644,884 527,337 173,225 1,345,446
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 1,656,337
11 Net income summary. Combine line 3, column (d), and line 10. .......... right arrow 464,510
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.
VerticalRevenue (a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))
1 Gross revenue . . . .        
VerticalDirectExpenses 2 Cash prizes . . . .        
3 Non-cash prizes . . .        
4 Rent/facility costs . . .        
5 Other direct expenses . .        
6 Volunteer labor . . .
 
 
 
7 Direct expense summary. Add lines 2 through 5 in column (d) ........... right arrow  
8 Net gaming income summary. Combine lines 1 and 7 in column (d) .......... right arrow  
9
Enter the state(s) in which the organization operates gaming activities:
a
Is the organization licensed to operate gaming activities in each of these states? ............
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? .....
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2012
Schedule G (Form 990 or 990-EZ) 2012
Page 3
11
Does the organization operate gaming activities with nonmembers? .................
12
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? ..........................
13
Indicate the percentage of gaming activity operated in:
a
The organization's facility ......................
13a
 
b
An outside facility ........................
13b
 
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? ......................................
b
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 $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
 
 
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? ............................
b
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
Supplemental Information. Complete this part to provide the explanations required by Part I, line 2b, columns (iii) and (v), and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also complete this part to provide any additional information (see instructions).
Identifier Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2012
Additional Data


Software ID:  
Software Version:  
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
2012
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
1
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? ....................................
2
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. Part II can be duplicated if additional space is needed.
(a) Name and address of organization
or government		 (b) EIN (c) IRC Code section
if applicable		 (d) Amount of cash grant (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
non-cash assistance		 (h) Purpose of grant
or assistance
(1) Alabama A&M University
4900 Meridian St
PO BOX 1388
Normal,AL35762 		63-6001097 501C3 59,738       RESEARCH
(2) Alternatives for Community &Environment Inc
2181 Washington St
Roxbury,MA02119 		04-3228509 501C3 5,600       RESEARCH
(3) American College of Radiology
1818 Market Street
Philadelphia,PA19103 		36-2261602 501C3 295,234       RESEARCH
(4) ARIDIS Pharmaceuticals LLC
5941 Optical Court
San Jose,CA95138 		32-0074500   442,985       RESEARCH
(5) Auritec Pharmaceuticals Inc
15 Braeburn Road
Hyde Park,MA02136 		84-1629188   195,410       RESEARCH
(6) Battelle Memorial Institute
PO Box 84391
Seattle,WA98124 		31-4379427 501C3 56,384       RESEARCH
(7) Baystate Medical Center Inc
759 Chestnut Street
Springfield,MA01199 		04-2790311 501C3 63,945       RESEARCH
(8) Beth Israel Deaconess Medical Center Inc
330 Brookline Avenue
Boston,MA02215 		04-2103881 501C3 132,064       RESEARCH
(9) Bexar County Board of Trustees for
3031 1H 10 West
San Antonio,TX78201 		74-1590659 501C3 33,068       RESEARCH
(10) Board of Trustees of the Leland Stanford Ju
PO Box 44253
San Francisco,CA94144 		94-1156365 501C3 127,189       RESEARCH
(11) Board of Trustees of University of Illinois
PO Box 4610
Springfield,IL62708 		37-6000511 501C3 202,927       RESEARCH
(12) Boston Biomedical Research Institution
64 Grove Street
Watertown,MA02472 		04-2451939 501C3 50,624       RESEARCH
(13) Boston Health Care for the Homeless
780 Albany Street
Boston,MA02118 		04-3160480 501C3 52,731       RESEARCH
(14) Boston Housing Authority
52 Chauncy St
Boston,MA02111 		04-6001907 STATE OF MA 85,496       RESEARCH
(15) Boston Medical Center
660 Harrison Ave
Boston,MA02118 		04-3314093 501C3 3,116,087       RESEARCH
(16) Boston Micromachines Corporation
30 Spinelli Place
Cambridge,MA02138 		04-3465874   61,017       RESEARCH
(17) Boston Public Health Commission
1010 Massachusetts Avenue
Boston,MA02118 		04-3316655 STATE OF MA 47,549       RESEARCH
(18) Brandeis University
PO Box 549110
Waltham,MA02454 		04-2103552 501C3 325,653       RESEARCH
(19) Brentwood Biomedical Research Institute Inc
PO Box 25027
Los Angeles,CA90025 		95-4183712 501C3 60,725       RESEARCH
(20) Brigham Young University
A-261 ASB
Provo,UT84602 		87-0217280 501C3 46,033       RESEARCH
(21) Brown University
PO Box 1911
Providence,RI02912 		05-0258809 501C3 329,650       RESEARCH
(22) Cambridge Public Health Commission
1493 Cambridge St
Cambridge,MA02139 		04-3320571 STATE OF MA 10,621       RESEARCH
(23) Camden Clark Memorial Hospital Corp
800 Garfield Ave
Parkersburg,WV26102 		31-1624546 501C3 5,810       RESEARCH
(24) Cardiovascular Engineering Inc
1 Edgewater Drive
Norwood,MA02062 		04-3428135   428,530       RESEARCH
(25) Chelsea Collaborative Inc
318 Broadway
Chelsea,MA02150 		22-2906521 501C3 65,000       RESEARCH
(26) Childrens Hospital Corporation
PO Box 414413
Boston,MA02241 		04-2774441 501C3 239,227       RESEARCH
(27) Childrens Hospital Medical Center
3333 Burnet Avenue
Cincinnati,OH45229 		31-0833936 501C3 23,958       RESEARCH
(28) City of Cambridge
159 Thorndike St
Cambridge,MA02141 		00-0000025 STATE OF MA 11,070       RESEARCH
(29) Commonwealth of Massachusetts
250 Washington St 5th
Boston,MA02108 		04-6002284 STATE OF MA 133,912       RESEARCH
(30) Community AIDS Research Inc
3510 Biscayne Blvd
Miami,FL33137 		59-2564198 501C3 147,936       RESEARCH
(31) Coriell Institute for Medical Research Inc
403 Haddon Avenue
Camden,NJ08103 		21-0672684 501C3 90,556       RESEARCH
(32) Cornell University
PO Box 22
Ithaca,NY14851 		15-0532082 501C3 24,459       RESEARCH
(33) Creighton University
2500 California Plz
Omaha,NE68178 		47-0376583 501C3 15,910       RESEARCH
(34) Dallas VA Research Corporation
PO Box 516
Lancaster,TX75146 		75-2329831 501C3 10,778       RESEARCH
(35) Dana-Farber Cancer Institute Inc
450 Brookline Ave
Boston,MA02215 		04-2263040 501C3 33,385       RESEARCH
(36) DAVIS SQUARE RESEARCH ASSOC
119 College Avenue
Somerville,MA02144 		38-3792037   18,685       RESEARCH
(37) DCG Systems Inc
PO Box 54957
Santa Clara,CA95054 		26-1929542   36,785       RESEARCH
(38) Department of Veterans Affairs
200 Springs Road
Bedford,MA01730 		74-1612229 GOVERNMENT 14,741       RESEARCH
(39) Drexel University
PO Box 95000-1090
Philadelphia,PA19195 		23-1352630 501C3 198,572       RESEARCH
(40) Duke University
2200 West Main Street
Durham,NC27705 		56-0532129 501C3 290,334       RESEARCH
(41) Education Development Center Inc
43 Foundry Ave
Waltham,MA02453 		04-2241718 501C3 227,118       RESEARCH
(42) Emmanuel College
400 The Fenway
Boston,MA02115 		04-2105769 501C3 7,717       RESEARCH
(43) Emory University
1599 Clifton Rd NE
Atlanta,GA30322 		58-0566256 501C3 765,351       RESEARCH
(44) Family Health International
1825 CT Ave NW
Washington,DC20009 		23-7413005 501C3 80,413       RESEARCH
(45) Fenway Community Health Center Inc
1340 Boylston Street
Boston,MA02215 		04-2510564 501C3 15,224       RESEARCH
(46) Forsyth Dental Infirmary for Children
245 First Street
Cambridge,MA02142 		04-2104230 501C3 19,356       RESEARCH
(47) Franklin W Olin College of Engineering INC
Olin Way Suite 312
Needham,MA02492 		06-1519057 501C3 18,931       RESEARCH
(48) Fraunhofer USA Inc
PO Box 673308
Detroit,MI48267 		38-3203030 501C3 20,990       RESEARCH
(49) Fred Hutchinson Cancer Research Center
1100 Fairview Ave
Seattle,WA98109 		23-7156071 501C3 185,534       RESEARCH
(50) Geisinger Clinic
100 N Academy Ave
Danville,AK17822 		23-6291113 501C3 5,600       RESEARCH
(51) George Mason University
4400 University Drive
Fairfax,VA22030 		54-0836354 501C3 65,250       RESEARCH
(52) Georgia State University
PO Box 3999
Atlanta,GA30302 		58-6002050 STATE OF GA 14,384       RESEARCH
(53) Georgia Tech Research Corporation
PO Box 100117
Atlanta,GA30384 		58-0603146 501C3 5,500       RESEARCH
(54) Greater New York Hospital Foundation
555 West 57th Street
New York,NY10019 		13-2954140 501C3 20,441       RESEARCH
(55) Harvard Vanguard Medical Associates
275 Grove St Suite 3-300
Newton,MA02466 		04-3397450 501C3 41,346       RESEARCH
(56) Health Research Inc
PO Box 2966
Buffalo,NY14240 		14-1402155 501C3 85,823       RESEARCH
(57) Hebrew Rehabilitation Center
1200 Centre Street
Boston,MA02131 		04-2104298 501C3 11,147       RESEARCH
(58) Henry Heywood Memorial Hospital
242 Green Street
Gardner,MA01440 		04-2103581 501C3 51,284       RESEARCH
(59) Holyoke Health Center Inc
PO Box 6260
Holyoke,MA01041 		04-2492730 501C3 161,240       RESEARCH
(60) Institute for Systems Biology
1441 North 34th Street
Seattle,WA98103 		91-2003593 501C3 173,531       RESEARCH
(61) International Business Machines Corporation
1101 Kitchawan Rd
Yorktown Heights,NY10598 		13-0871985 501C3 34,282       RESEARCH
(62) Johns Hopkins Univ Applied Physics
11100 Johns Hopkins Road
Laurel,MD20723 		52-0595111 501C3 124,314       RESEARCH
(63) Johns Hopkins University
12529 Collections CTR Dr
Chicago,IL60693 		52-0595110 501C3 329,555       RESEARCH
(64) Justice Resource Institute Inc
545 Boylston St
Boston,MA02116 		04-2526357 501C3 18,745       RESEARCH
(65) Kaiser Foundation Research Institute
1800 HARRISON ST
OAKLAND,CA94612 		94-1105628 501C3 35,898       RESEARCH
(66) Kansas City Free Health Clinic
3515 Broadway
Kansas City,MO64111 		43-0967292 501C3 11,208       RESEARCH
(67) Kessler Foundation
300 Executive Dr
West Orange,NJ07052 		31-1562134 501C3 129,701       RESEARCH
(68) Lesley University
29 Everett Street
Cambridge,MA02138 		04-2103589 501C3 94,073       RESEARCH
(69) Mapp Biopharmaceutical Inc
6160 Lusk Blvd
San Diego,CA92121 		20-0037593   775,117       RESEARCH
(70) Massachusetts Institute of Technology
77 Mass Ave
Cambridge,MA02139 		04-2103594 501C3 1,998,412       RESEARCH
(71) Mayo Clinic (MC)
200 First Street
Rochester,MN55905 		41-6011702 501C3 236,093       RESEARCH
(72) Mayo Clinic Jacksonville
4500 San Pablo Rd
Jacksonville,FL32224 		59-3337028 501C3 110,183       RESEARCH
(73) Medical College of Wisconsin Inc
8701 Watertown Plank Rd
Milwaukee,WI53226 		39-0806261 501C3 46,922       RESEARCH
(74) Mental Health Center of Denver
4141 E Dickenson Pl
Denver,CO80222 		74-2499946 501C3 29,689       RESEARCH
(75) Mercy Hospital Inc
1221 Main St
Holyoke,MA01040 		04-3398280 501C3 48,708       RESEARCH
(76) Mercyhurst University
501 East 38th St
Erie,PA16546 		25-0965430 501C3 5,980       RESEARCH
(77) Miami University
501 E High St
Oxford,OH45056 		31-6402089 501C3 5,729       RESEARCH
(78) Michigan State University
301 Admin Bldg
East Lansing,MI48824 		38-6005984 501C3 145,546       RESEARCH
(79) Miriam Hospital
593 Eddy Street
Providence,RI02903 		05-0258905 501C3 300,686       RESEARCH
(80) Montana State University
PO Box 172470
Bozeman,MT59717 		81-6010045 STATE OF MT 8,783       RESEARCH
(81) Montefiore Medical Center
111 E 210th ST
Bronx,NY10467 		13-1740114 501C3 434,012       RESEARCH
(82) Mount Carmel Health System
6150 Broad Street
Columbus,OH43213 		31-1439334 501C3 5,740       RESEARCH
(83) Mount Sinai School of Medicine
1 Gustave L Levy Place
New York,NY10029 		13-6171197 501C3 330,442       RESEARCH
(84) North Florida Foundation for Research
1601 SW Archer Rd
Gainesville,FL32608 		59-3432918 501C3 17,110       RESEARCH
(85) Northeastern University
360 Huntington Ave
Boston,MA02115 		04-1679980 501C3 330,401       RESEARCH
(86) Northern Arizona University on behavior
PO Box 4070
Flagstaff,AZ86011 		74-2579628 501C3 75,652       RESEARCH
(87) NorthStar Learning Centers Inc
53 Linden Street
New Bedford,MA02740 		51-0200575 501C3 57,883       RESEARCH
(88) Northwestern University
633 Clark Street
Evanston,IL60208 		36-2167817 501C3 280,058       RESEARCH
(89) OSU Oregon State University
PO Box 1086
Corvallis,OR97339 		48-1278540 501C3 95,317       RESEARCH
(90) Predictive Science Incorporated
9990 Mesa Rim Road
San Diego,CA92121 		26-3200502   136,334       RESEARCH
(91) President & Fellows of Harvard College
PO Box 415649
Boston,MA02241 		04-2103580 501C3 1,354,879       RESEARCH
(92) Primary Care Coalition of Montgomery County
8757 Georgia Avenue
Silver Spring,MD20910 		52-1847976 501C3 101,725       RESEARCH
(93) Puerto Rico Community Network for Clinical
PO Box 20850
San Juan,PR00928 		66-0466365 501C3 168,439       RESEARCH
(94) Rector and Visitors of the Univ of Virginia
PO Box 400195
Charlottesville,VA22904 		54-6001796 501C3 124,027       RESEARCH
(95) Regents of the Univ of CA Berkeley
2195 Hearst Ave
Berkeley,CA94720 		94-6002123 501C3 799,136       RESEARCH
(96) Regents of the Univ of CA Davis
PO Box 989062
West Sacramento,CA95798 		94-6036494 501C3 597,220       RESEARCH
(97) Regents of the Univ of CA Santa Barbara
SAASB Build
Santa Barbara,CA93106 		95-6006145 501C3 95,329       RESEARCH
(98) Regents of The Univ of CA Santa Cruz
1156 High St
Santa Cruz,CA95064 		94-1539563 501C3 135,964       RESEARCH
(99) Regents of the University of California
AccT Office Bio Science
Irvine,CA92697 		95-2226406 501C3 30,962       RESEARCH
(100) Regents of the University of Colorado
PO Box 910220
Denver,CO80291 		84-6000555 501C3 233,702       RESEARCH
(101) Regents of the University of Minnesota
NW 5957
Minneapolis,MN55485 		41-6007513 501C3 63,609       RESEARCH
(102) Regents Univ of CA Los Angeles
405 HIlgard Ave
Los Angeles,CA90095 		95-6006143 501C3 19,986       RESEARCH
(103) Rensselaer Polytechnic Institute
110 8th Street
Troy,NY12180 		14-1340095 501C3 61,333       RESEARCH
(104) ReProtect Inc
703 Stags Head Rd
Baltimore,MD21286 		65-1167586   156,780       RESEARCH
(105) Riverside Hospital Inc
608 Denbigh Blvd
Newport News,VA23608 		52-1245746 501C3 7,280       RESEARCH
(106) Rutgers The State University
249 University Ave
Newark,NJ07102 		22-6001086 501C3 67,029       RESEARCH
(107) Scientific Solutions Inc
55 Middlesex Street
Chelmsford,MA01863 		04-3275340   61,845       RESEARCH
(108) Seattle Childrens Hospital
4800 Sand Point Way NE
Seattle,WA98145 		91-0564748 501C3 269,071       RESEARCH
(109) SIGMA-ALDRICH INC
3050 Spruce Street
St Louis,MO63103 		43-1742718   909,297       RESEARCH
(110) Simmons College
300 The Fenway
Boston,MA02115 		04-2103629 501C3 11,390       RESEARCH
(111) South Shore Hospital Inc
55 Fogg Rd Box 80
South Weymouth,MA02190 		04-2769210 501C3 79,208       RESEARCH
(112) Southwest Louisiana Hospital Association
1900 WGauthier Rd
Lake Charles,LA70605 		72-0551963 501C3 6,020       RESEARCH
(113) Steward St Annes Hospital Corporation
795 Middle Street
Fall River,MA02721 		27-2473637 501C3 38,673       RESEARCH
(114) Synapse Energy Economics Inc
485 Mass Ave Suite 2
Cambridge,MA02139 		04-3316408   58,198       RESEARCH
(115) Temple University of the Commonwealth
PO Box 824242
Philadelphia,PA19182 		23-1365971 501C3 118,722       RESEARCH
(116) The American Academy of Allergy
555 E Wells St
Milwaukee,WI53202 		39-6061326 501C3 57,200       RESEARCH
(117) The Brigham & Womens Hospital Inc
PO Box 3887
Boston,MA02241 		04-2312909 501C3 801,972       RESEARCH
(118) The Broad Institute Inc
7 Cambridge Center
Cambridge,MA02142 		26-3428781 501C3 399,185       RESEARCH
(119) The Brooklyn Hospital Center
270 Flatbush Ave
Brooklyn,NY11201 		11-1630755 501C3 68,572       RESEARCH
(120) The Childrens Hospital of Philadelphia
PO Box 8500
Philadelphia,PA19178 		23-1352166 501C3 39,005       RESEARCH
(121) The General Hospital Corporation
529 Main Street
Charlestown,MA02129 		04-2697983 501C3 4,098,984       RESEARCH
(122) The George Washington University
45155 Research Pl
Ashburn,VA20147 		53-0196584 501C3 16,373       RESEARCH
(123) The Henry M Jackson Foundation for
6720-A Rockledge Dr
Bethesda,MD20817 		52-1317896 501C3 155,715       RESEARCH
(124) The Learning Center for the Deaf Inc
848 Central Street
Framingham,MA01701 		23-7064431 501C3 109,200       RESEARCH
(125) The Mental Health Ctr of Greater Ma
401 Cypress Street
Manchester,NH03103 		02-0258994 501C3 152,733       RESEARCH
(126) The Pennsylvania State University
227 W Beaver Ave
State College,PA16801 		24-6000376 501C3 28,399       RESEARCH
(127) The President & Directors of George
Box 571164
Washington,DC20057 		53-0196603 501C3 28,903       RESEARCH
(128) The Regents of the University of Michigan
Box 223131
Pittsburgh,PA15251 		38-6006309 501C3 397,338       RESEARCH
(129) The Research Foundation of SUNY
PO Box 9
Albany,NY12201 		14-1368361 501C3 15,450       RESEARCH
(130) The Research Institute at Nationwide
PO Box 715245
Columbus,OH43271 		31-6056230 501C3 17,701       RESEARCH
(131) The Spaulding Rehabilitation Hospital
PO Box 3903
Boston,MA02241 		04-2551124 501C3 158,149       RESEARCH
(132) The Thresholds
4101 N Ravenswood Ave
Chicago,IL60613 		36-2518901 501C3 99,989       RESEARCH
(133) The Trustees of Columbia University
PO Box 29789
New York,NY10087 		13-5598093 501C3 44,453       RESEARCH
(134) The Trustees of Princeton University
PO Box 5292
Princeton,NJ08544 		21-0634501 501C3 98,087       RESEARCH
(135) The University of Arizona
PO Box 3520
Tucson,AZ85722 		74-2652689 STATE OF AZ 11,221       RESEARCH
(136) The University of Iowa
B5 Jessup Hall Grant Acct
Iowa City,IA52242 		42-6004813 STATE OF IA 6,068       RESEARCH
(137) The University of Texas at Arlington
Box 19136
Arlington,TX76019 		75-6000121 501C3 30,553       RESEARCH
(138) The University of Texas at Austin
PO Box 7159
Austin,TX78713 		74-6000203 501C3 208,909       RESEARCH
(139) The Vanderbilt University
Dept AT 40303
Atlanta,GA31192 		62-0476822 501C3 25,754       RESEARCH
(140) Thomas Jefferson University
1020 Walnut Street
Philadelphia,PA19107 		23-1352651 501C3 119,773       RESEARCH
(141) Town of Framingham
31 Flagg Drive
Framingham,MA01702 		04-6001151 STATE OF MA 5,623       RESEARCH
(142) Trustees of Dartmouth College
11 Rope Ferry Rd
Hanover,NH30755 		02-0222111 501C3 715,078       RESEARCH
(143) Trustees of Tufts College
136 Harrison Ave
Boston,MA02111 		04-2103634 501C3 407,990       RESEARCH
(144) Tufts Medical Center Inc
800 Washington Street
Boston,MA02111 		04-3400617 501C3 180,045       RESEARCH
(145) Univ Corporation for Atmospheric Research
1850 Table Mesa Dr
Boulder,CO80301 		84-0412668 501C3 367,879       RESEARCH
(146) University of Alabama at Birmingham
1530 3rd Avenue
South Birmingham,AL35294 		63-6005396 501C3 65,632       RESEARCH
(147) University of Cincinnati
PO Box 691031
Cincinnati,OH45269 		31-6000989 501C3 116,941       RESEARCH
(148) University of Florida
PO Box 113001
Gainesville,FL32611 		59-6002052 STATE OF FL 18,916       RESEARCH
(149) University of Kansas Center for Research
2385 Irving Hill Rd
Lawrence,KS66045 		48-0680117 501C3 105,033       RESEARCH
(150) University of Kentucky Research Foundation
PO Box 931113
Cleveland,OH44193 		61-6033693 501C3 187,130       RESEARCH
(151) University of Maryland
4101 Chesapeake Bldg
College Park,MD20742 		52-6002033 STATE OF MD 928,587       RESEARCH
(152) University of Massachusetts
55 Lake Ave North
Worcester,MA01655 		04-3167352 STATE OF MA 1,445,619       RESEARCH
(153) University of New England
11 Hills Beach Rd
Biddeford,ME04005 		01-0211810 501C3 75,765       RESEARCH
(154) University of New Mexico
1 Univ of New Mexico
Albuquerque,NM87131 		85-6000642 501C3 92,725       RESEARCH
(155) University of New Orleans
2000 Lakeshore Dr
New Orleans,LA70148 		72-0702000 STATE OF LA 14,059       RESEARCH
(156) University of North Carolina at Chapel Hill
PO Box 402420
Atlanta,GA30384 		56-6001393 501C3 281,262       RESEARCH
(157) UNIVERSITY OF PENNSYLVANIA
PO Box 785541
Philadelphia,PA19178 		23-1352685 501C3 598,674       RESEARCH
(158) University of Pittsburgh
Cathedral of Learning
Pittsburgh,PA15260 		25-0965591 501C3 118,628       RESEARCH
(159) University of Tennessee
210 Student Ser Bldg
Knoxville,TN37996 		62-6001636 501C3 36,680       RESEARCH
(160) UNIVERSITY OF TEXAS HEALTH SCIENCE
PO Box 203382
Houston,TX77216 		74-1761309 501C3 91,543       RESEARCH
(161) Univ of Texas Southwestern Medical Center
PO Box 841765
Dallas,TX75284 		75-6002868 STATE OF TX 17,993       RESEARCH
(162) University of Toledo
PO Box 72327
Cleveland,OH44192 		34-6401483   33,582       RESEARCH
(163) University of Vermont & State Agricul Tural
PO Box 1389
Williston,VT05495 		03-0179440 501C3 54,580       RESEARCH
(164) University of Washington
12455 Collections Drive
Chicago,IL60693 		91-6001537 501C3 233,609       RESEARCH
(165) University of Wisconsin
1220 Linden Drive
Madison,WI53706 		39-1805963 STATE OF WI 27,770       RESEARCH
(166) VA Puget Sound Health Care System
1660 S Columbian Way
Seattle,WA98108 		91-0565166   38,633       RESEARCH
(167) Virginia Commonwealth University
Box 843039
Richmond,VA23284 		54-6001758 501C3 40,787       RESEARCH
(168) Washington University
700 Rosedale Avenue
Saint Louis,MO63112 		43-0653611 501C3 83,161       RESEARCH
(169) Wave 80 Biosciences Inc
2325 3rd Street
San Francisco,CA94107 		02-0691819   203,515       RESEARCH
(170) Westat Inc
PO Box 1004
Rockville,MD20850 		84-0529566   54,408       RESEARCH
(171) Wheaton Franciscan Inc
400 W River Woods Pkwy
Glendale,WI53212 		39-0816857 501C3 5,390       RESEARCH
(172) William Marsh Rice University
PO Box 1892
Houston,TX77251 		74-1109620 501C3 83,647       RESEARCH
(173) Woods Hole Oceanographic Institution
569 Woods Hole Rd
Woods Hole,MA02543 		04-2105850 501C3 163,266       RESEARCH
(174) Yale University
PO Box 1873
New Haven,CT06508 		06-0646973 501C3 120,934       RESEARCH
(175) Yeshiva University
1300 Morris Park Ave
Bronx,NY10461 		13-1624225 501C3 154,867       RESEARCH
(176) YouGov America Inc
285 Hamilton Ave
Palo Alto,CA94301 		98-0547173   43,000       RESEARCH
(177) Affinergy Inc
PO Box 14650
Durham,NC27709 		55-0826074   98,550        
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
156
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
21
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2012

Schedule I (Form 990) 2012
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.
Part III can be duplicated if additional space is needed.
(a)Type of grant or assistance (b)Number of
recipients		 (c)Amount of
cash grant		 (d)Amount of
non-cash assistance		 (e)Method of valuation (book,
FMV, appraisal, other)		 (f)Description of non-cash assistance
(1) Anton Mavretic 1 7,247      
(2) STUDENT FINANCIAL AID 14400 324,355,553   COST TUITION OFFSET










Part IV
Supplemental Information.
Complete this part to provide the information required in Part I, line 2, Part III, column (b), 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 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 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) 2012


Additional Data


Software ID:  
Software Version:  


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
2012
Open to Public Inspection
Name of the organization
TRUSTEES OF BOSTON UNIVERSITY
 
Employer identification number

04-2103547
Part I
Questions Regarding Compensation
Yes
No
1a
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.
b
If any of the boxes in line 1a are checked, did the organization follow a written policy regarding payment or reimbursement or provision of all of the expenses described above? If "No," complete Part III to explain....
1b
Yes
 
2
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? .......
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
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:
a
Receive a severance payment or change-of-control payment? ................
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
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.
5
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:
a
The organization? ...........................
5a
 
No
b
Any related organization? .........................
5b
 
No
If "Yes," to line 5a or 5b, describe in Part III.
6
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:
a
The organization? ...........................
6a
 
No
b
Any related organization? .........................
6b
 
No
If "Yes," to line 6a or 6b, describe in Part III.
7
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 ............
7
Yes
 
8
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 Regulations section 53.4958-4(a)(3)? If "Yes," describe
in Part III .............................
8
 
No
9
If "Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2012

Schedule J (Form 990) 2012
Page 2
Part II
Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies if additional space is 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) for each listed individual must equal the total amount of Form 990, Part VII, Section A, line 1a, applicable column (D) and (E) amounts for that individual.
(A) Name and Title (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 as deferred
in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
(1)Robert A BrownPRESIDENT (i)
(ii)		 791,500
  		 
  		96,313
  		266,865
  		276,265
  		1,430,943
  		 
 
(2)Martin J HowardSR VP, CFO & TREASURER (i)
(ii)		 407,066
  		 
  		22,948
  		33,240
  		23,423
  		486,677
  		 
 
(3)Todd LC KlippSR VP, GEN COUNSEL & SECRETARY (i)
(ii)		 500,797
  		 
  		56,852
  		33,240
  		27,112
  		618,001
  		 
 
(4)Jean MorrisonUNIVERSITY PROVOST (i)
(ii)		 558,047
  		 
  		70,396
  		 
  		184,823
  		813,266
  		 
 
(5)Karen H AntmanMEDICAL CAMPUS PROVOST (i)
(ii)		 641,000
  		 
  		57,175
  		33,240
  		1,023
  		732,438
  		 
 
(6)GARY W NICKSASR VP FOR OPERATIONS (i)
(ii)		 387,097
  		 
  		16,426
  		33,240
  		27,145
  		463,908
  		 
 
(7)Joseph P MercurioEXECUTIVE VP (RETIRED) (i)
(ii)		 22,000
  		 
  		791,096
  		 
  		27,434
  		840,530
  		 
 
(8)David CampbellFORMER PROVOST (i)
(ii)		 426,795
  		 
  		51,099
  		33,240
  		130,759
  		641,893
  		 
 
(9)PETER CUSATOVP AUXILIARY SVCS (RETIRED) (i)
(ii)		  
  		 
  		1,545,977
  		 
0 		12,305
0 		1,558,282
0 		 
 
(10)BARRY ZUCKERMANPROFESSOR & PHYSICIAN (i)
(ii)		 0
294,559 		0
0 		0
809,285 		0
33,240 		0
17,857 		0
1,154,941 		0
0
(11)PUSHKAR MEHRAPROFESSOR & ORAL SURGEON (i)
(ii)		 304,891
  		 
  		698,229
  		23,240
0 		27,125
0 		1,053,485
0 		 
 
(12)WILLIAM CREEVYPROFESSOR & PHYSICIAN (i)
(ii)		 0
241,513 		0
0 		0
696,868 		0
33,240 		0
25,012 		0
996,633 		0
0
(13)CLARISSA HUNNEWELLCHIEF INVESTMENT OFFICER (i)
(ii)		 507,500
0 		400,000
  		69,506
  		 
0 		826
0 		977,832
0 		 
0
Schedule J (Form 990) 2012

Schedule J (Form 990) 2012
Page 3
Part III
Supplemental Information
Complete this part to provide the information, explanation, or descriptions required for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II.
Also complete this part for any additional information.
Identifier Return Reference Explanation
SCHEDULE J, PART I   WILLIAM CREEVY, BARRY ZUCKERMAN, AND PUSHKAR MEHRA ARE COMPENSATED UNDER A COMMON PAYMASTER AGREEMENT FOR THEIR CLINICAL WORK IN CONNECTION WITH THE BOSTON MEDICAL CENTER. PUSHKAR MEHRA IS ALSO COMPENSATED THROUGH BOSTON UNIVERSITY'S HENRY M. GOLDMAN SCHOOL OF DENTAL MEDICINE ORAL AND MAXILLOFACIAL SURGERY GROUP FOR HIS CLINICAL WORK DONE AT THE BETH ISRAEL DEACONESS MEDICAL CENTER, INC. SCHEDULE J, PART I, LINE 1A (1) As a condition of employment and for the convenience of the University, President ROBERT Brown, PROVOST JEAN MORRISON, AND FORMER Provost David Campbell were all required to live in University residences. AMOUNTS REPORTED IN COLUMN D INCLUDE, IN ADDITION TO OTHER NON-TAXABLE BENEFITS, THE ESTIMATED FAIR MARKET RENTAL VALUE OF THE UNIVERSITY-PROVIDED RESIDENCE, BASED UPON an independent opinion of value and without any allocation or reduction for University use of the premises, FOR PRESIDENT BROWN ($257,663), PROVOST MORRISON ($159,381), AND DR. CAMPBELL ($86,618). DR. CAMPBELL WAS ALSO PROVIDED TUITION REMISSION BENEFITS OF $19,080. (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, INCLUDING FIRST-CLASS TRAVEL, is not included in taxable wages. THE PRESIDENT IS THE ONLY INDIVIDUAL REPORTED ON FORM 990, PART VII WHO TRAVELED FIRST-CLASS DURING CALENDAR YEAR 2012. (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. COMPANION Travel for business purposes is not included in taxable wages. THE PRESIDENT IS THE ONLY INDIVIDUAL REPORTED ON FORM 990, PART VII WHO UTILIZED COMPANION TRAVEL DURING CALENDAR YEAR 2012. (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. FOR CALENDAR YEAR 2012, NO INDIVIDUAL REPORTED IN FORM 990, PART VII RECEIVED THIS BENEFIT. Schedule J, Part I, Line 4a AS A RESULT OF A CHANGE IN ROLES AND RESPONSIBILITIES AND IN RECOGNITION OF 36 YEARS OF SERVICE, BARRY ZUCKERMAN RECEIVED A PAYMENT OF $786,295 IN CALENDAR YEAR 2012 WHICH IS REPORTED ON SCHEDULE J, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. SCHEDULE J, PART I, LINE 4B (1) UNDER A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN, ON AUGUST 1, 2012, PRESIDENT BROWN RECEIVED A CREDIT EQUAL TO 30% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS, PRESIDENT BROWN'S RIGHTS IN THE PLAN WILL BECOME VESTED ON AUGUST 1, 2015, AND ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $233,625 WAS ACCRUED FOR PRESIDENT BROWN IN CALENDAR YEAR 2012 AND IS REPORTED ON SCHEDULE J, COLUMN C AS RETIREMENT AND OTHER DEFERRED COMPENSATION. (2) AS A RESULT OF COMMITMENTS MADE TO JOSEPH MERCURIO WHILE HE SERVED AS EXECUTIVE VICE PRESIDENT, CERTAIN COMPENSATION AND RETIREMENT BENEFITS WERE EARNED AND ACCRUED OVER MORE THAN 37 YEARS OF SERVICE. THE SUM of $791,096 was paid to MR. Mercurio in calendar year 2012 and is REPORTED on Schedule J, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. (3) AS A RESULT OF COMMITMENTS MADE TO PETER CUSATO WHILE HE SERVED AS VICE PRESIDENT FOR AUXILLARY SERVICES, CERTAIN COMPENSATION AND RETIREMENT BENEFITS WERE EARNED AND ACCRUED OVER MORE THAN 32 YEARS OF SERVICE. THE SUM OF $1,545,977 WAS PAID TO MR. CUSATO IN CALENDAR YEAR 2012 AND IS REPORTED ON SCHEDULE J, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. (4) Amounts reported in Schedule J, Column B(III) as Other Reportable Compensation, include contributions made by the University in calendar year 2012 to a supplemental nonqualified retirement plan to provide future retirements benefits to TODD KLIPP. SCHEDULE J, PART I, LINE 7 AS THE UNIVERSITY'S CHIEF INVESTMENT OFFICER, CLARISSA HUNNEWELL IS ELIGIBLE FOR INCENTIVE COMPENSATION, IN THE DISCRETION OF THE BOARD OF TRUSTEES, BASED IN PART UPON HER SUCCESS IN ACHIEVING CERTAIN PERFORMANCE BENCHMARKS. THIS IS A COMMON COMPONENT OF THE COMPENSATION PACKAGE FOR SUCH POSITIONS. SCHEDULE J, PART II THIS SCHEDULE includes each of the University's CURRENT AND FORMER officers, trustees, key employees, and five most highly compensated employees for whom the sum of calendar year 2012 reportable compensation and other compensation from the organization and related entities was greater than $150,000. TRUSTEE KATHERYN PFISTERER DARR'S compensation IS NOT INCLUDED BECAUSE IT WAS LESS THAN $150,000.
Schedule J (Form 990) 2012

Additional Data


Software ID:  
Software Version:  
Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
OMB No. 1545-0047
2012
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
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
(E) MASS DEV FIN AGENCY - SERIES X (2013)
  		04-3431814 57583UVL9 04-30-2013 120,736,790 CAPITAL PROJECTS   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 0 0 0 0
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 35,497,833 184,106,197 539,836,174 117,370,000
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0 0 0
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
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 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 33,636,332 178,115,717 202,745,547 0
11 Other spent proceeds . . . . . . . . . . . . . . 0 0 335,500,000 116,975,000
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2004 2007 2012
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . .   X   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 Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2012
Schedule K (Form 990) 2012
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 of bond-financed property? . . . . . . . . . . . . X   X   X      
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? . . . . . . . . . . . . . . . . X   X   X      
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X      
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any 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 . . SchKMediumBullet 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 . . . . . . . SchKMediumBullet 0% 0%   %   %
6 Total of lines 4 and 5 . . . . . . . . . . . . . . . 0% 0%   %   %
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X    
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X    
b If “Yes” to line 8a, enter the percentage of bond-financed property sold or disposed of.   %   %   %   %
c If “Yes” to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X    
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2?
X   X   X      
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X X  
b Exception to rebate? . . . . . . . . X     X   X X  
c No rebate due? . . . . . . . . . .
  X X   X     X
If you checked "No rebate due" in line 2c, provide in Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X X     X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X X     X
b Name of provider . . . . . . . . . 0
  		0
  		SEE PART VI
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . . . .   X       X    
e Was a hedge terminated? . . . . . . .   X       X    
Schedule K (Form 990) 2012
Schedule K (Form 990) 2012
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X    
b Name of provider . . . . . . . . . 0
  		0
  		0
  		0
 
c Term of GIC . . . . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . .                
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X X   X     X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
1 Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Complete this part to provide additional information for responses to questions on Schedule K (see instructions).
Identifier Return Reference Explanation
SCHEDULE K, PART I, LINE C 0 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, LINE 7, COLUMNS A-D COLUMN A: 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 (INCLUDING SERIES X BOND) 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, LINE 2C THE REBATE COMPUTATION FOR THE SERIES T1 BOND WAS PERFORMED IN JUNE 2010. THE REBATE COMPUTATION FOR THE SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS WAS PERFORMED IN MAY 2013. 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. SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES X BOND) RECONCILIATION OF ISSUE PRICE TO TOTAL GROSS PROCEEDS AT 6/30/13: ISSUE PRICE 120,736,790 INVESTMENT EARNINGS 9,890 GROSS PROCEEDS AT 6/30/13 120,746,680
SCHEDULE K, PART II, LINE 7, COLUMN A (SERIES X BOND) 0 COST OF ISSUANCE IN THE AMOUNT OF $733,876 IS COMPRISED OF ISSUANCE COSTS TOTALING $433,549 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $300,327.
Schedule K (Form 990) 2012

Additional Data


Software ID:  
Software Version:  

Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part IV, line 24a. Provide descriptions,
explanations, and any additional information in Part VI.
SchKMediumBullet Attach to Form 990. SchKMediumBullet See separate instructions.
OMB No. 1545-0047
2012
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
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
(E) MASS DEV FIN AGENCY - SERIES X (2013)
  		04-3431814 57583UVL9 04-30-2013 120,736,790 CAPITAL PROJECTS   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 0 0 0 0
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 35,497,833 184,106,197 539,836,174 117,370,000
4 Gross proceeds in reserve funds . . . . . . . . . . . . 0 0 0 0
5 Capitalized interest from proceeds . . . . . . . . . . . 0 0 0 0
6 Proceeds in refunding escrows . . . . . . . . . . . . 0 0 0 0
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 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 33,636,332 178,115,717 202,745,547 0
11 Other spent proceeds . . . . . . . . . . . . . . 0 0 335,500,000 116,975,000
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2004 2007 2012
Yes No Yes No Yes No Yes No
14 Were the bonds issued as part of a current refunding issue? . . . . .   X   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 Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2012
Schedule K (Form 990) 2012
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 of bond-financed property? . . . . . . . . . . . . X   X   X      
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? . . . . . . . . . . . . . . . . X   X   X      
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   X   X      
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any 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 . . SchKMediumBullet 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 . . . . . . . SchKMediumBullet 0% 0%   %   %
6 Total of lines 4 and 5 . . . . . . . . . . . . . . . 0% 0%   %   %
7 Does the bond issue meet the private security or payment test? . . . . .   X   X   X    
8a Has there been a sale or disposition of any of the bond financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?. . . . . . . . . . . . . . . . .   X   X   X    
b If “Yes” to line 8a, enter the percentage of bond-financed property sold or disposed of.   %   %   %   %
c If “Yes” to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? . . . . . . . . . . . . .   X   X   X    
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2?
X   X   X      
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T? . . . . .   X   X   X   X
2 If "No" to line 1, did the following apply? . . . .
a Rebate not due yet? . . . . . . . .   X   X   X X  
b Exception to rebate? . . . . . . . . X     X   X X  
c No rebate due? . . . . . . . . . .
  X X   X     X
If you checked "No rebate due" in line 2c, provide in Part VI the date the rebate computation was performed
3 Is the bond issue a variable rate issue? . . . .   X   X X     X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X   X X     X
b Name of provider . . . . . . . . . 0
  		0
  		SEE PART VI
  		 
 
c Term of hedge . . . . . . . . . .        
d Was the hedge superintegrated? . . . . . .   X       X    
e Was a hedge terminated? . . . . . . .   X       X    
Schedule K (Form 990) 2012
Schedule K (Form 990) 2012
Page 3
Part IV
Arbitrage (Continued)
A B C D
Yes No Yes No Yes No Yes No
5a Were gross proceeds invested in a guaranteed investment contract (GIC)? . . . . . . . . .   X   X   X    
b Name of provider . . . . . . . . . 0
  		0
  		0
  		0
 
c Term of GIC . . . . . . . . . .        
d Was the regulatory safe harbor for establishing the fair market value of the GIC satisfied? . . . . .                
6 Were any gross proceeds invested beyond an available temporary period? . . . . . . . .   X X   X     X
7 Has the organization established written procedures to monitor the requirements of section 148? . . . X   X   X   X  
Part V
Procedures To Undertake Corrective Action
A B C D
Yes No Yes No Yes No Yes No
1 Has the organization established written procedures to ensure that violations of federal tax requirements are timely identified and corrected through the voluntary closing agreement program if self-remediation is not available under applicable regulations? X   X   X   X  
Part VI
Supplemental Information. Complete this part to provide additional information for responses to questions on Schedule K (see instructions).
Identifier Return Reference Explanation
SCHEDULE K, PART I, LINE C 0 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, LINE 7, COLUMNS A-D COLUMN A: 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 (INCLUDING SERIES X BOND) 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, LINE 2C THE REBATE COMPUTATION FOR THE SERIES T1 BOND WAS PERFORMED IN JUNE 2010. THE REBATE COMPUTATION FOR THE SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS WAS PERFORMED IN MAY 2013. 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. SCHEDULE K, PART II, LINE 3, COLUMN A (SERIES X BOND) RECONCILIATION OF ISSUE PRICE TO TOTAL GROSS PROCEEDS AT 6/30/13: ISSUE PRICE 120,736,790 INVESTMENT EARNINGS 9,890 GROSS PROCEEDS AT 6/30/13 120,746,680
SCHEDULE K, PART II, LINE 7, COLUMN A (SERIES X BOND) 0 COST OF ISSUANCE IN THE AMOUNT OF $733,876 IS COMPRISED OF ISSUANCE COSTS TOTALING $433,549 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $300,327.
Schedule K (Form 990) 2012

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet 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, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ. MediumBullet See separate instructions.
OMB No. 1545-0047
2012
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) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No





2
Enter the amount of tax incurred by organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
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-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e)Original principal amount (f)Balance due (g) In default? (h) Approved by board or committee? (i)Written agreement?
To From Yes No Yes No Yes No
Total ......Small Bullet $  
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 assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2012
Schedule L (Form 990 or 990-EZ) 2012
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?
Yes No
(1) IRON MOUNTAIN INC SEE PART V 167,924 SEE PART V   No
(2) J LAWFORD ANDERSON SEE PART V 169,812 EMPLOYMENT COMPENSATION   No
(3) ANDREA MERCURIO SEE PART V 99,271 EMPLOYMENT COMPENSATION   No
(4) ANTONIO MERCURIO SEE PART V 65,903 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, COLUMN C   COMPENSATION OF FAMILY MEMBERS INCLUDES TUITION REMISSION, IF APPLICABLE. SCHEDULE L, PART IV, LINE 1 (B) A FAMILY MEMBER OF TRUSTEE CARLA E. MEYER SERVES ON THE BOARD OF DIRECTORS OF IRON MOUNTAIN, INC. 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 2 (B) FAMILY MEMBER OF UNIVERSITY PROVOST JEAN MORRISON. SCHEDULE L, PART IV, LINE 3 (B) FAMILY MEMBER OF RETIRED EXECUTIVE VICE PRESIDENT JOSEPH P. MERCURIO. SCHEDULE L, PART IV, LINE 4 (B) FAMILY MEMBER (NOW DECEASED) OF RETIRED EXECUTIVE VICE PRESIDENT JOSEPH P. MERCURIO.
Schedule L (Form 990 or 990-EZ) 2012

Additional Data


Software ID:  
Software Version:  




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
OMB No. 1545-0047
2012
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)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art ....        
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications .. X 1,998 INDEP. APPRAISAL
5 Clothing and household
goods ....... 		X 122,709 INDEP. APPRAISAL
6 Cars and other vehicles ..        
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 159 24,916,168 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 Right pointing arrow large image ( EVENT SUPPORT ) X 4 9,590 EVENT SUPPORT COST
26 Other Right pointing arrow large image ( EQUIPMENT - MEDICAL, RESEARCH, EDUCATIONAL, ETC. ) X 10 1,179,093 INDEP. APPRAISAL
27 Other Right pointing arrow large image ( DONATED AUCTION ITEMS ) X 118 390,112 INDEP. APPRAISAL
28 Other Right pointing arrow large image ( )
29
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 ...
29
1
Yes
No
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
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any non-standard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization did not report an amount in column (c) for a type of property for which column (a) is checked,
describe in Part II.
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 51227J
Schedule M (Form 990) (2012)
Schedule M (Form 990) (2012)
Page 2
Part II
Supplemental Information. Complete this part to provide the information required by Part I, lines 30b,
32b, and 33, and whether the organization is reporting in Part I, column (b), the number of contributions, the number of items received, or a combination of both. 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 CONTRIBUTOR TOTALS. SCHEDULE M, PART I, LINE 32B The UNIVERSITY uses a trading brokerage account at NORTHERN TRUST to receive and sell gifts of marketable securities. The bank charges the University a commission when each security is sold.
Schedule M (Form 990) (2012)
Additional Data


Software ID:  
Software Version:  
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
2012
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 16 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, AND OTHER DEDUCTIONS.
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 (ATTACHMENT 1 CONTINUED): 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 1A WITH CERTAIN EXCEPTIONS SPECIFIED IN THE UNIVERSITY'S BY-LAWS OR OTHERWISE REQUIRED BY LAW, THE EXECUTIVE COMMITTEE EXERCISES THE POWERS OF THE BOARD OF TRUSTEES BETWEEN FULL BOARD MEETINGS. THE COMMITTEE HOLDS MEETINGS DURING MOST MONTHS WHEN THE FULL BOARD DOES NOT MEET AND OTHERWISE AS NECESSARY. THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD, THE CHAIRS OF THE 10 OTHER STANDING COMMITTEES OF THE BOARD, THE PRESIDENT, AND UP TO THREE AT-LARGE MEMBERS ELECTED ANNUALLY BY THE BOARD. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF TRUSTEES. FORM 990, PART VI, SECTION A, LINE 2 TRUSTEES ALICIA C. MULLEN AND STEPHEN KARP ARE BOTH BOARD MEMBERS OF THE NANTUCKET PROJECT LLC, WHICH ACQUIRED BUSINESS SERVICES WORTH MORE THAN $10,000 FROM THE WHITE ELEPHANT, IN WHICH STEPHEN KARP HAS A MATERIAL OWNERSHIP INTEREST. SUCH SERVICES WERE PROVIDED AT FAIR MARKET VALUE OR LESS. FORM 990, PART VI, SECTION B, LINE 11B UPON COMPLETION, A DRAFT OF THE FORM 990 IS REVIEWED BY THE UNIVERSITY'S COMPTROLLER, BY THE CHIEF FINANCIAL OFFICER (AS WELL AS OTHER FINANCE/ACCOUNTING STAFF), AND BY UNIVERSITY 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 UNIVERSITY'S COMPLIANCE COMMITTEE. TRUSTEES, OFFICERS, KEY EMPLOYEES, AND OTHER REPRESENTATIVES WHO HAVE DISCLOSED A POTENTIAL CONFLICT OF INTEREST SHALL REFRAIN FROM PARTICIPATING IN THE UNIVERSITY'S CONSIDERATION OF ANY PROPOSED BUSINESS OR FINANCIAL RELATIONSHIP IN WHICH HE OR SHE IS INTERESTED, EXCEPT TO RESPOND TO QUESTIONS OR TO PROVIDE FURTHER INFORMATION. IF A TRANSACTION OR RELATIONSHIP REQUIRES A VOTE, THE INTERESTED PARTY SHOULD NOT BE PRESENT AT THE TIME OF THE VOTE. THE AUDIT COMMITTEE WILL DETERMINE WHETHER A BUSINESS OR FINANCIAL RELATIONSHIP INVOLVING A TRUSTEE OR OFFICER SHOULD BE ENTERED INTO OR CONTINUED. IN THE CASE OF ANY SUCH RELATIONSHIP INVOLVING A TRUSTEE, SUCH A DETERMINATION SHALL BE SET FORTH IN A WRITTEN REPORT OF THE AUDIT COMMITTEE SIGNED BY THE CHAIRMAN AND A MAJORITY OF THE COMMITTEE. THE COMPLIANCE COMMITTEE WILL DETERMINE WHETHER A BUSINESS OR FINANCIAL RELATIONSHIP INVOLVING AN EMPLOYEE OR OTHER REPRESENTATIVE SHOULD BE ENTERED INTO OR CONTINUED. THE COMPLIANCE COMMITTEE SHALL PROVIDE SUCH REPORTS AS MAY BE REQUESTED BY THE AUDIT COMMITTEE AND MAY REQUEST ADVICE OR DIRECTION FROM THE AUDIT 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; CHIEF INVESTMENT OFFICER; SENIOR VICE PRESIDENT FOR OPERATIONS; 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   ROBERT A. BROWN, PRESIDENT OF BOSTON UNIVERSITY, DEVOTES LESS THAN ONE HOUR PER WEEK TO MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER, A RELATED ORGANIZATION. MARTIN J. HOWARD, OFFICER OF BOSTON UNIVERSITY, DEVOTES LESS THAN ONE HOUR PER WEEK TO BOTH 660 CORPORATION AND 520 COMMONWEALTH AVENUE REAL ESTATE CORPORATION, BOTH RELATED ORGANIZATIONS. GARY W. NICKSA, KEY EMPLOYEE OF BOSTON UNIVERSITY, DEVOTES TWO HOURS EACH OR LESS PER WEEK TO BIOSQUARE REALTY TRUST AND EAST CONCORD MEDICAL FOUNDATION, INC., BOTH RELATED ORGANIZATIONS. KAREN H. ANTMAN MD, KEY EMPLOYEE OF BOSTON UNIVERSITY, DEVOTES THREE HOURS OR LESS EACH PER WEEK TO FACULTY PRACTICE FOUNDATION, INC. AND EAST CONCORD MEDICAL FOUNDATION, INC., BOTH RELATED ORGANIZATIONS. WILLIAM CREEVY MD, ONE OF THE HIGHEST COMPENSATED EMPLOYEES OF BOSTON UNIVERSITY AND PRESIDENT OF THE FACULTY PRACTICE FOUNDATION, INC, DEVOTES 54 HOURS OR LESS PER WEEK TO FACULTY PRACTICE FOUNDATION, INC. BARRY ZUCKERMAN MD DEVOTES 50 HOURS OR LESS PER WEEK TO FACULTY PRACTICE FOUNDATION, INC. PUSHKAR MEHRA DMD DEVOTES 50 HOURS OR LESS PER WEEK TO THE ORAL SURGERY GROUP PRACTICE. KATHERYN PFISTERER DARR WAS COMPENSATED AS A FACULTY MEMBER, NOT AS TRUSTEE. FORM 990, PART XI, LINE 9 OTHER CHANGES IN NET ASSETS OR FUND BALANCES NET ACTUARIAL GAINS $ LOSSES: -$2,543,000 GAIN/LOSS ON NON INVESTMENT ASSETS: -$8,711,332 NON OPERATING GIFTS $ GRANTS: $6,607,541 OTHER CHANGES: $437,669 TOTAL: -$4,209,122
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2012

Additional Data


Software ID:  
Software Version:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" to Form 990, Part IV, line 33, 34, 35, 36, or 37.
MediumBulletAttach to Form 990. MediumBullet See separate instructions.

OMB No. 1545-0047
2012
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" to Form 990, Part IV, line 33.)
(a)
Name, address, and EIN (if applicable) 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 2,476,041   BU TRUSTEES
 
(2) University Inn LLC
650 Beacon Street S 501
Boston,MA02215
04-3493329 		Hotel MA 616,216   BU TRUSTEES
 
(3) HAWTHORNE LOUNGE LLC
500A COMMONWEALTH AVENUE
BOSTON,MA02215
45-1859454 		LOUNGE MA 530,891   BU TRUSTEES
 
(4) BU FUNDING LLC
108 BAY STATE ROAD
BOSTON,MA02215
87-0773653 		LLC MA   53,014,000 BU TRUSTEES
 




Part II
Identification of Related Tax-Exempt Organizations (Complete if the organization answered "Yes" to 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 entity?
Yes No
(1) Boston Emergency Physician Foundation

860 Harrison Avenue

Boston,MA02118
04-3286156 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(2) Boston Rehabilitation Med Assoc Inc

732 Harrison Avenue

Boston,MA02118
04-3286641 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(3) BU Cardiac & Thoracic Surgical Fdn Inc

88 E Newton Street

Boston,MA02118
04-2966416 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(4) Boston University Dermatology Inc

49 Pearl Street

Brockton,MA02301
04-3335166 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(5) BU Dermatology Support Services I Inc

49 Pearl Street

Brockton,MA02301
04-3452877 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(6) BU Dermatology Support Services II Inc

49 Pearl Street

Brockton,MA02301
04-3452874 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(7) Boston University Eye Associates Inc

720 Harrison Avenue 10th Fl

Boston,MA02118
04-3137333 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(8) Boston University Family Medicine Inc

1 Boston Medical Ctr Pl Suite 2

Boston,MA02118
04-3354353 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(9) BU General Surgical Associates Inc

720 Harrison Avenue Suite 700

Boston,MA02118
04-3265008 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(10) BU Mallory Pathology Associates Inc

784 Massachusetts Avenue

Boston,MA02118
04-2794543 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(11) BU Medical Center Anesthesiologists Inc

88 East Newton Street

Boston,MA02118
04-3276227 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(12) BU Medical Center Urologists Inc

720 Harrison Avenue

Boston,MA02118
04-3286643 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(13) BU Neurology Associates Inc

720 Harrison Avenue 707

Boston,MA02118
04-3428462 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(14) BU Neurosurgical Associates Inc

88 East Newton Street

Boston,MA02118
04-3296068 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(15) BU Obstetrics & Gynecology Fdn Inc

750 Harrison Avenue Suite 1105

Boston,MA02118
04-3067465 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(16) BU Orthopaedic Surgical Associates Inc

720 Harrison Avenue 808

Boston,MA02118
04-3354360 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(17) BU Plastic Surgery Association Inc

720 Harrison Avenue Suite 906

Boston,MA02118
04-3555478 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(18) BU Psychiatry Associates Inc

720 Harrison Avenue Suite 906

Boston,MA02118
04-3355267 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(19) BU Medical Center Radiologists Inc

88 East Newton Street

Boston,MA02118
04-3283573 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(20) BU Surgical Associates Inc

660 Harrison Avenue 3rd Floor

Boston,MA02118
04-3291148 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(21) Child Health Foundation of Boston Inc

1 Boston Medical Center Place

Boston,MA02118
04-2472758 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(22) Evans Medical Foundation Inc

88 East Newton Street 107

Boston,MA02118
51-0172171 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(23) BU MEDICAL CENTER OTOLARYNGOLOGIC FDN

820 HARRISON AVE FGH BLDG 4 FL

BOSTON,MA02118
04-3156471 		HEALTHCARE MA 501(C)(3) 11c III-FI NA
 
 
No
(24) Faculty Practice Foundation Inc

660 Harrison Avenue 3rd Floor

Boston,MA02118
04-3289381 		Medicine MA 501(C)(3) 11b II na
 
 
No
(25) Mercond Inc

881 Commonwealth Avenue

Boston,MA02215
04-3099628 		Holding Co. MA 501(C)(2) n/a BU TRUSTEES
 
Yes
 
(26) THE MASS GREEN HIGH PERF COMPUTING CTR

77 MASS AVE

CAMBRIDGE,MA02139
27-3014805 		RESEARCH CTR MA 501(C)(3) 11A-I NA
 
 
No
(27) MGHPCC HOLYOKE INC

77 MASS AVE

CAMBRIDGE,MA02139
45-2257442 		RESEARCH CTR MA 501(C)(3) 11A-I NA
 
 
No
(28) BOSTON UNIVERSITY (USA) LONDON CHARITY

5-10 ST PAULS CHURCHYARD
LONDON   EC4M 8AL
UK
EDU. SUPPORT UK   N/A BU TRUSTEES
 
Yes
 
(29) EAST CONCORD MEDICAL FOUNDATION INC

88 E NEWTON STREET

BOSTON,MA02118
04-6048207 		EDU. SUPPORT MA 11C III-FI 501(C)(3) NA
 
 
No
(30) BOSTON UNIVERSITY FOUNDATION - INDIA

S-505 LGF GREATER KAILASH-11
NEW DELHI   110048
IN
EDU. SUPPORT IN   N/A BU TRUSTEES
 
Yes
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2012
Schedule R (Form 990) 2012
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership (Complete if the organization answered "Yes" to 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 V—UBI
amount in box 20 of
Schedule K-1
(Form 1065)
 		(j)
General or
managing
partner?



 		(k)
Percentage
ownership
Yes No Yes No
(1) EUSA LLP

1A QUEENSBERRY PLACE
LONDON   SW7 2DL
UK
EDUCATION UK BU EUREUSA LLP
  		  107,243 178,621   No     No 100.000 %
(2) SMALLPHARMA LLC

881 COMMONWEALTH AVENUE 4TH FLOOR
BOSTON,MA02215
04-3398901 		R&D MFG MA 520 CORP
  		    21,385   No   Yes   99.000 %










Part IV
Identification of Related Organizations Taxable as a Corporation or Trust (Complete if the organization answered "Yes" to 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
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) 520 Commonwealth Avenue Real Estate Corp

881 Commonwealth Avenue
Boston,MA02215
04-2272027 		Real Estate MA BU TRUSTEES
  		c Corp 7,537,946 10,277,235 100.000 % Yes  
(2) LURE RESTAURANT GROUPEastern Standard

650 Beacon Street Suite 501
Boston,MA02215
20-2680347 		Restaurant MA BU TRUSTEES
  		S Corp 3,545,811   100.000 % Yes  
(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 -175,511 11,109 100.000 % Yes  
(5) EUSA (UK) LIMITED

1A QUEENSBERRY PLACE
LONDON   SW7 2DL
UK
EDU. SUPPORT UK BU(USA)EUROPE
  		CORP -4,086 1 100.000 % Yes  
(6) 660 CORPORATION

881 COMMONWEALTH AVENUE
BOSTON,MA02215
04-2787737 		CONVENIENT ST MA 520 CORP
  		CORP. 7,242,295 9,394,429 100.000 % Yes  
(7) AKEAH INC

881 COMMONWEALTH AVENUE
BOSTON,MA02215
04-3003380 		LESSOR OF RE MA 520 CORP
  		CORP. 295,651 459,625 100.000 % Yes  
(8) COSIF

VIRIATO 73 BAJO DERECHA
MADRID   28010
SP
EDU. SUPPORT SP BU(USA)EUROPE
  		CORP. -39,388 6,377 100.000 % Yes  
(9) EUSA SARL

RUE DES PIERRES-DUE-NITON 17-19
GENEVE   1207
SZ
EDU. SUPPORT SZ EUSA LLP
  		CORP. -7,759 6,277 100.000 % Yes  
Schedule R (Form 990) 2012
Schedule R (Form 990) 2012
Page 3
Part V
Transactions With Related Organizations (Complete if the organization answered "Yes" to Form 990, Part IV, line 34, 35b, or 36.)
Note. Complete line 1 if any entity is listed in Parts II, III, or IV of this schedule.
Yes
No
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 or (iv) rent from a controlled entity . . . . . . . . . . . . . . . . . . . . . . .
1a
 
No
b Gift, grant, or capital contribution to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1b
 
No
c Gift, grant, or capital contribution from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1c
 
No
d Loans or loan guarantees to or for related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1d
 
No
e Loans or loan guarantees by related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1e
 
No
f Dividends from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1f
 
No
g Sale of assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1g
 
No
h Purchase of assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1h
 
No
i Exchange of assets with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1j
Yes
 
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
 
No
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
 
No
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) . . . . . . . . . . . . . . . . . . . . .
1n
 
No
o Sharing of paid employees with related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1o
Yes
 
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
 
No
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
 
No
s Other transfer of cash or property from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1s
 
No
2
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-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) 520 COMMONWEALTH AVENUE REAL ESTATE CORP

 J 609,252 ACTUAL PAYMENT
(2) 520 COMMONWEALTH AVENUE REAL ESTATE CORP

 O 200,000 ACTUAL PAYMENT




Schedule R (Form 990) 2012
Schedule R (Form 990) 2012
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership (Complete if the organization answered "Yes" to 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)
Predominant income (related, unrelated, excluded from tax under section 512-514)

(e)
Are all partners
section
501(c)(3)
organizations? 		(f)
Share of total income




 		(g)
Share of
end-of-year
assets 		(h)
Disproprtionate allocations? 		(i)
Code V—UBI
amount in box 20
of Schedule K-1
(Form 1065) 		(j)
General or
managing
partner? 		(k)
Percentage
ownership
Yes No Yes No Yes No






























Schedule R (Form 990) 2012
Schedule R (Form 990) 2012
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


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