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 private
foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Information about Form 990 and its instructions is at www.IRS.gov/form990.
OMB No. 1545-0047
2014
Open to Public Inspection
A For the 2014 calendar year, or tax year beginning 07-01-2014 , and ending 06-30-2015
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
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA022151303
D Employer identification number

04-2103547
E Telephone number

G Gross receipts $ 2,294,410,306
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
subordinates?
H(b)
Are all subordinates
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 41
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 37
5 Total number of individuals employed in calendar year 2014 (Part V, line 2a) ...... 5 25,612
6 Total number of volunteers (estimate if necessary) ............. 6 3,245
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 9,092,832
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) ......... 442,713,301 478,784,224
9 Program service revenue (Part VIII, line 2g) ......... 1,500,730,318 1,559,216,070
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 101,376,793 14,215,518
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 49,459,815 28,017,818
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)................... 2,094,280,227 2,080,233,630
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 374,526,377 382,506,698
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) 980,119,393 998,894,472
16a Professional fundraising fees (Part IX, column (A), line 11e)..... 117,314 42,780
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet22,939,517    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 529,820,291 537,025,872
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 1,884,583,375 1,918,469,822
19 Revenue less expenses. Subtract line 18 from line 12....... 209,696,852 161,763,808
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 4,873,712,777 5,035,817,244
21 Total liabilities (Part X, line 26)............. 2,150,823,522 2,204,320,308
22 Net assets or fund balances. Subtract line 21 from line 20..... 2,722,889,255 2,831,496,936
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 (2014)
Form 990 (2014)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line 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 $ 1,148,616,258 including grants of $ 346,371,094 ) (Revenue $ 1,252,688,296 )
SEE SCHEDULE O
4b (Code:   ) (Expenses $ 224,673,463 including grants of $ 36,135,604 ) (Revenue $ 8,359,121 )
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 $ 224,975,089 including grants of $   ) (Revenue $ 298,168,653 )
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 $ 110,666,481 including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet1,708,931,291
Form 990 (2014)
Form 990 (2014)
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
Yes
 
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 other assistance to or for any foreign organization? 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 other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV... Click to see attachment
16
Yes
 
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 (2014)
Form 990 (2014)
Page 4
Part IV
Checklist of Required Schedules (continued)
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government 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 or other assistance to or for domestic individuals 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 25a................ 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), 501(c)(4), and 501(c)(29) 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
Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current or former officers, directors, trustees, key employees, highest compensated employees, or disqualified persons? 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.............
36
 
 
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 (2014)
Form 990 (2014)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V ..............
Yes
No
1a
Enter the number reported in Box 3 of Form 1096 Enter -0- if not applicable ..
1a
2,763
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
25,612
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” to line 3b, 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 , FR , GM , EI , IT , JA , NZ , NG , SP
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
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
Yes
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
5
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.
Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year?.........................
8
 
 
9a
Did the sponsoring organization make any taxable distributions under section 4966?...
9a
 
 
b
Did the sponsoring 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 (2014)
Form 990 (2014)
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 or note to any line 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
41
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
 
No
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 , KS , KY , MD , MA , MI , NH , NY , OH , 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, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletGILLIAN EMMONS
881 COMMONWEALTH AVENUE 4TH FLOOR
BOSTON,MA022151303 (617) 353-2290
Form 990 (2014)
Form 990 (2014)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line 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; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ROBERT A BROWN........................................................................
PRESIDENT
 55.0
.......................1.0 		X   X       962,280 0 546,174
(2) STEPHEN M BRADY........................................................................
TRUSTEE & PROFESSOR
 55.0
.......................0.0 		X           140,801 0 37,402
(3) ROBERT A KNOX........................................................................
CHAIRMAN
 3.0
.......................0.0 		X           0 0 0
(4) KENNETH J FELD........................................................................
VICE CHAIRMAN
 3.0
.......................0.0 		X           0 0 0
(5) JOHN P HOWE III........................................................................
VICE CHAIRMAN
 3.0
.......................0.0 		X           0 0 0
(6) J KENNETH MENGES JR........................................................................
VICE CHAIRMAN
 3.0
.......................0.0 		X           0 0 0
(7) RICHARD D COHEN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(8) JONATHAN R COLE........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(9) SHAMIM A DAHOD........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(10) DAVID F D'ALESSANDRO........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(11) SUDARSHANA DEVADHAR........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(12) ELAINE ERBEY........................................................................
TRUSTEE (AS OF 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(13) MAURICE R FERRE........................................................................
TRUSTEE (AS OF 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(14) SANDRA A FRAZIER........................................................................
TRUSTEE (AS OF 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(15) SIDNEY J FELTENSTEIN........................................................................
TRUSTEE (UNTIL 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(16) RYAN K ROTH GALLO........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(17) RONALD G GARRIQUES........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
Form 990 (2014)
Form 990 (2014)
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; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) RICHARD C GODFREY........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(19) SUNGEUN HAN-ANDERSEN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(20) BAHAA R HARIRI........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(21) ROBERT J HILDRETH........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(22) STEPHEN R KARP........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(23) RAJEN A KILACHAND........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(24) CLEVE L KILLINGSWORTH JR........................................................................
TRUSTEE (UNTIL 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(25) ELAINE B KIRSHENBAUM........................................................................
TRUSTEE (UNTIL 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(26) ANDREW R LACK........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(27) ALAN M LEVENTHAL........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(28) PETER J LEVINE........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(29) CARLA E MEYER........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(30) JORGE MORAN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(31) ALICIA C MULLEN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(32) PETER T PAUL........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(33) JACQUESE P PEROLD........................................................................
TRUSTEE (AS OF 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(34) CA LANCE PICCOLO........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(35) STUART W PRATT........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(36) ALLEN I QUESTROM........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(37) RICHARD D REIDY........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(38) SHARON G RYAN........................................................................
TRUSTEE (UNTIL 09/18/2014)
 3.0
.......................0.0 		X           0 0 0
(39) SD SHIBULAL........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(40) RICHARD C SHIPLEY........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(41) HUGO X SHONG........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(42) BIPPY M SIEGAL........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(43) NINA C TASSLER........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(44) ANDREA L TAYLOR........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(45) STEPHEN M ZIDE........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(46) MARTIN J HOWARD........................................................................
SR VP, CFO, & TREASURER
 55.0
.......................1.0 		    X       460,318 0 83,198
(47) TODD L C KLIPP........................................................................
SR VP, SR COUNSEL, & SECRETARY
 55.0
.......................0.0 		    X       561,794 0 62,404
(48) JEAN MORRISON........................................................................
UNIVERSITY PROVOST
 55.0
.......................0.0 		      X     659,567 0 195,435
(49) KAREN H ANTMAN........................................................................
MEDICAL CAMPUS PROVOST
 55.0
.......................3.0 		      X     775,576 0 35,342
(50) GARY W NICKSA........................................................................
SR VP FOR OPERATIONS
 55.0
.......................2.0 		      X     452,580 0 66,032
(51) AUBREY MILUNSKY........................................................................
PROFESSOR & PHYSICIAN -RETIRED
 0.0
.......................0.0 		        X   2,261,421 0 1,455
(52) TONY TANNOURY........................................................................
PROFESSOR & PHYSICIAN
 0.0
.......................50.0 		        X   0 2,048,398 55,730
(53) PUSHKAR MEHRA........................................................................
PROFESSOR & ORAL SURGEON
 55.0
.......................0.0 		        X   1,027,075 0 49,022
(54) WILLIAM CREEVY........................................................................
PROFESSOR & PHYSICIAN
 0.0
.......................54.0 		        X   0 981,442 60,930
(55) CLARISSA HUNNEWELL........................................................................
CHIEF INVESTMENT OFFICER
 55.0
.......................0.0 		        X   945,370 0 35,467
(56) DAVID CAMPBELL........................................................................
FORMER PROVOST
 40.0
.......................0.0 		          X 417,288 0 60,855
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)............MediumBullet 8,664,070 3,029,840 1,289,446
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organizationMediumBullet2,407
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
SKANSKA USA,
14776 COLLECTIONS CENTER DRIVE
CHICAGO,IL60693 		CONSTRUCTION 57,478,267
EMBANET-COMPASS KNOWLEDGE GROUP INC,
105 GORDON BAKER ROAD SUITE 300
TORONTO,ONTARIOM2H 3P8
CA 		EDUCATIONAL SERVICES 8,593,834
Acme Construction Co Inc,
21 Nightingale Ave
QUINCY,MA02169 		CONSTRUCTION 3,312,478
ZVI Construction Co LLC,
131 Dummer Street
BROOKLINE,MA02446 		CONSTRUCTION 3,278,340
COLUMBIA CONSTRUCTION COMPANY,
100 RIVERPARK DRIVE
NORTH READING,MA01864 		CONSTRUCTION 3,127,739
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet242
Form 990 (2014)
Form 990 (2014)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII .............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512-514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues....1b  
c Fundraising events....1c 1,222,975
d Related organizations...1d  
e Government grants (contributions)1e 283,391,826
f All other contributions, gifts, grants, and
similar amounts not included above1f 		194,169,423
g Noncash contributions included in lines
1a-1f:$ 		14,620,050
h Total. Add lines 1a-1f.......MediumBullet 478,784,224
Program Service RevenueAmt Business Code
2a TUITION AND FEES 900099 1,252,688,296 1,252,688,296    
b AUX SALES & SERVICES 900099 298,168,653 298,168,653    
c NON-GOVERNMENT GRANTS 900099 8,359,121 8,359,121    
d
e
f All other program service revenue .        
g Total. Add lines 2a–2f........MediumBullet 1,559,216,070
OtherAmt RevenueAmt 3 Investment income (including dividends, interest, and other similar amounts).......MediumBullet 55,912,183   712,563 55,199,620
4 Income from investment of tax-exempt bond proceeds..MediumBullet 4,060     4,060
5 Royalties...........MediumBullet 2,141,793     2,141,793
(i) Real (ii) Personal
6a Gross rents 37,761,201  
b Less: rental expenses 19,899,309  
c Rental income or (loss) 17,861,892 0
d Net rental income or (loss).......MediumBullet 17,861,892     17,861,892
(i) Securities (ii) Other
7a Gross amount from sales of assets other than inventory 146,663,545 4,310,982
b Less: cost or other basis and sales expenses 191,886,647 788,605
c Gain or (loss) -45,223,102 3,522,377
d Net gain or (loss)..........MediumBullet -41,700,725   613,482 -42,314,207
8a Gross income from fundraising events (not including
$ 1,222,975
of contributions reported on line 1c). See Part IV, line 18 ..
a 1,849,461
b Less: direct expenses ...b 1,602,115
c Net income or (loss) from fundraising events..MediumBullet 247,346   247,346
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 6,112,749   6,112,749  
b PARKING 812930 1,420,372   1,420,372  
c CONTROLLED ORGANIZATION 900003 75,628   75,628  
d All other revenue .... 158,038   158,038  
e Total. Add lines 11a–11d ...... MediumBullet 7,766,787
12 Total revenue. See Instructions......MediumBullet 2,080,233,630 1,559,216,070 9,092,832 33,140,504
Form 990 (2014)
Form 990 (2014)
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 or note to any line 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 domestic organizations and domestic governments. See Part IV, line 21 .... 33,654,777 33,654,777
2 Grants and other assistance to domestic individuals. See Part IV, line 22 .... 346,357,474 346,357,474
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16 ............ 2,494,447 2,494,447
4 Benefits paid to or for members .... 0  
5 Compensation of current officers, directors, trustees, and key employees .... 4,858,853 3,754,547 414,763 689,543
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .... 640,745 640,745    
7 Other salaries and wages .... 772,352,105 663,882,421 95,446,465 13,023,219
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 65,625,390 56,408,913 8,109,917 1,106,560
9 Other employee benefits ....... 94,655,424 81,361,948 11,697,418 1,596,058
10 Payroll taxes ........... 60,761,955 52,228,502 7,508,899 1,024,554
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 2,366,028   2,366,028  
c Accounting ........... 638,134   638,134  
d Lobbying ........... 284,488 284,488    
e Professional fundraising services. See Part IV, line 17 42,780 42,780
f Investment management fees ...... 3,061,324   3,061,324  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) .... 110,362,746 99,931,087 8,685,253 1,746,406
12 Advertising and promotion .... 5,396,320 4,774,124   622,196
13 Office expenses ....... 43,115,659 40,868,600 1,784,775 462,284
14 Information technology ...... 19,474,980 6,246,196 13,121,349 107,435
15 Royalties .. 453,143 453,143    
16 Occupancy ........... 161,582,018 150,252,349 11,223,864 105,805
17 Travel ............ 24,535,022 21,263,766 2,327,548 943,708
18 Payments of travel or entertainment expenses for any federal, state, or local public officials ...... 0      
19 Conferences, conventions, and meetings .... 9,331,279 6,157,675 1,752,760 1,420,844
20 Interest ........... 0      
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization ..... 101,194,773 91,696,848 9,497,925  
23 Insurance .............. 3,751,435 2,099,104 1,652,331  
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 & LAB SUPPLIES 27,519,773 27,519,773    
b BOOKS & PERIODICALS 2,415,382 2,322,585 78,136 14,661
c DUES & MEMBERSHIPS 9,373,263 4,592,037 4,747,762 33,464
d EDUCATIONAL SERVICES 9,025,342 9,025,342    
e All other expenses 3,144,763 660,400 2,484,363  
25 Total functional expenses. Add lines 1 through 24e 1,918,469,822 1,708,931,291 186,599,014 22,939,517
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 (2014)
Form 990 (2014)
Page 11
Part X Balance Sheet Check if Schedule O contains a response or note to any line 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 ......... 730,771,216 2 774,756,707
3 Pledges and grants receivable, net ........... 121,177,813 3 147,491,460
4 Accounts receivable, net ............. 178,092,870 4 173,168,734
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 ............. 9,689,899 7 9,023,734
8 Inventories for sale or use .............. 0 8 0
9 Prepaid expenses and deferred charges .......... 33,496,578 9 30,945,420
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 3,504,476,831
b Less: accumulated depreciation ..... 10b 1,321,794,545 2,134,392,746 10c 2,182,682,286
11 Investments—publicly traded securities .......... 560,460,798 11 568,590,607
12 Investments—other securities. See Part IV, line 11 ..... 1,105,630,857 12 1,149,158,296
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)...... 4,873,712,777 16 5,035,817,244
Liabilities 17 Accounts payable and accrued expenses ......... 505,773,823 17 568,201,350
18 Grants payable ................. 0 18 0
19 Deferred revenue ................ 169,029,821 19 181,758,561
20 Tax-exempt bond liabilities ............. 1,001,322,245 20 1,002,785,000
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 .. 322,606,521 23 304,072,001
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.................... 152,091,112 25 147,503,396
26 Total liabilities. Add lines 17 through 25......... 2,150,823,522 26 2,204,320,308
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 .............. 1,529,854,733 27 1,592,262,806
28 Temporarily restricted net assets ........... 687,764,733 28 658,405,541
29 Permanently restricted net assets ........... 505,269,789 29 580,828,589
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 ........... 2,722,889,255 33 2,831,496,936
34 Total liabilities and net assets/fund balances ........ 4,873,712,777 34 5,035,817,244
Form 990 (2014)
Form 990 (2014)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI ..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
2,080,233,630
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
1,918,469,822
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
161,763,808
4
Net assets or fund balances at beginning of year (must equal Part X, line 33, column (A)) ..
4
2,722,889,255
5
Net unrealized gains (losses) on investments ...............
5
-55,557,847
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
3,061,324
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-659,604
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 33, column (B))
10
2,831,496,936
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line 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 (2014)
Form 990 (2014)
Page 13
Form 990, Special Condition Description:
Special Condition Description
Form 990 (2014)
Form 990 (2014)
Page 14
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 Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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
a
b
c
d
e
f
Enter the number of supported organizations .............................  
g
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 listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
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) 2014
Schedule A (Form 990 or 990-EZ) 2014
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) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total
1 Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .... 458,854,387 420,933,836 416,392,754 442,713,301 478,784,224 2,217,678,502
2 Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....... 0 0 0 0 0 0
3 The value of services or facilities furnished by a governmental unit to the organization without charge.. 0 0 0 0 0 0
4 Total. Add lines 1 through 3 458,854,387 420,933,836 416,392,754 442,713,301 478,784,224 2,217,678,502
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).. 0
6 Public support. Subtract line 5 from line 4. 2,217,678,502
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (f) Total
7 Amounts from line 4.. 458,854,387 420,933,836 416,392,754 442,713,301 478,784,224 2,217,678,502
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 102,706,318 76,854,962 88,717,314 106,677,187 95,819,237 470,775,018
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 0 0 828,733 2,366,659 1,463,243 4,658,635
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.).. 0 0 0 0 0 0
11 Total support Add lines 7 through 10. 2,693,112,155
12
12
7,464,674,086
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
82.346 %
15
15
81.294 %
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) 2014
Schedule A (Form 990 or 990-EZ) 2014
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) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (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) 2010 (b) 2011 (c) 2012 (d) 2013 (e) 2014 (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 VI.) ..            
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) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 4
Part IV
Supporting Organizations
(Complete only if you checked a box on line 11 of Part I. If you checked 11a of Part I, complete Sections A and B. If you checked 11b of Part I, complete Sections A and C. If you checked 11c of Part I, complete Sections A, D, and E. If you checked 11d of Part I, complete Sections A and D, and complete Part V.)
Section A. All Supporting Organizations
Yes
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 11a or 11b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations....
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organizing document authorizing such action, and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (a) its supported organizations; (b) individuals that are part of the charitable class benefited by one or more of its supported organizations; or (c) other supporting organizations that also support or benefit one or more of the filing organization’s supported organizations? If “Yes,” provide detail in Part VI.
6
 
 
7
Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in IRC 4958(c)(3)(C)), a family member of a substantial contributor, or a 35-percent controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part II of Schedule L (Form 990).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9(a)) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 9(a)) have an ownership interest in, or derive any personal benefit from, assets in which the supporting organization also had an interest? If “Yes,” provide detail in Part VI.
9c
 
 
10a
Was the organization subject to the excess business holdings rules of IRC 4943 because of IRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer b below.
10a
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 5
Part IV
Supporting Organizations (continued)

Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (1) a written notice describing the type and amount of support provided during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 6
Part V – Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

1.   Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970. See instructions. All other Type III non-functionally integrated supporting organizations must complete Sections A through E.
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    

Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors (explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    

Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7   Check here if the current year is the organization's first as a non-functionally-integrated Type III supporting organization (see instructions)
Schedule A (Form 990 or 990-EZ) 2014
Schedule A (Form 990 or 990-EZ) 2014
Page 7
Section D - Distributions Current Year
1 Amounts paid to supported organizations to accomplish exempt purposes  
2 Amounts paid to perform activity that directly furthers exempt purposes of supported organizations, in
excess of income from activity		  
3 Administrative expenses paid to accomplish exempt purposes of supported organizations  
4 Amounts paid to acquire exempt-use assets  
5 Qualified set-aside amounts (prior IRS approval required)  
6 Other distributions (describe in Part VI). See instructions  
7Total annual distributions. Add lines 1 through 6.  
8 Distributions to attentive supported organizations to which the organization is responsive (provide
details in Part VI). See instructions		  
9 Distributable amount for 2014 from Section C, line 6  
10 Line 8 amount divided by Line 9 amount  

Section E - Distribution Allocations (see instructions) (i)
Excess Distributions 		(ii)
Underdistributions
Pre-2014 		(iii)
Distributable
Amount for 2014
1 Distributable amount for 2014 from Section C, line
6 		 
2 Underdistributions, if any, for years prior to 2014
(reasonable cause required--see instructions)		  
3 Excess distributions carryover, if any, to 2014:
a From 2009.......X
b From 2010.......X
c From 2011.......X
d From 2012.......X
e From 2013.......  
fTotal of lines 3a through e  
g Applied to underdistributions of prior years  
h Applied to 2014 distributable amount  
i Carryover from 2009 not applied (see
instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.  
4Distributions for 2014 from Section D, line 7:
$  
a Applied to underdistributions of prior years  
b Applied to 2014 distributable amount  
c Remainder. Subtract lines 4a and 4b from 4.  
5 Remaining underdistributions for years prior to
2014, if any. Subtract lines 3g and 4a from line 2
(if amount greater than zero, see instructions)		  
6 Remaining underdistributions for 2014. Subtract
lines 3h and 4b from line 1 (if amount greater than
zero, see instructions)		  
7 Excess distributions carryover to 2015. Add lines
3j and 4c.		  
8 Breakdown of line 7:
a From 2010.......X
b From 2011.......X
c From 2012.......X
d From 2013.......  
e From 2014.......  
Schedule A (Form 990 or 990-EZ) (2014)
Schedule A (Form 990 or 990-EZ) 2014
Page 8
Part VI
Supplemental Information. Provide the explanations required by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, lines 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, line 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete this part for any additional information. (See instructions).
Facts And Circumstances Test
 
Return Reference Explanation
Schedule A (Form 990 or 990-EZ) 2014

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.
Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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 its Form 990PF, Part I, line 2, 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) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
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


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

   
 
 

$  


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

   
 
 

$  


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

   
 
 

$  


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

   
 
 

$  


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

   
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990, 990-EZ, or 990-PF) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
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) (2014)

Schedule B (Form 990, 990-EZ, or 990-PF) (2014)
Page 4
Name of organization
TRUSTEES OF BOSTON UNIVERSITY
  		Employer identification number

04-2103547
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10)
that total more than $1,000 for the year from any one contributor. 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) (2014)

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 Information about Schedule C (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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) (see separate instructions) or Form 990-EZ, Part V, line 35c (Proxy Tax) (see separate instructions), 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) 2014

Schedule C (Form 990 or 990-EZ) 2014
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 separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
Calendar year (or fiscal year
beginning in) 		(a) 2011 (b) 2012 (c) 2013 (d) 2014 (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) 2014


Schedule C (Form 990 or 990-EZ) 2014
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? .........................
Yes
 
 
e
Publications, or published or broadcast statements? .......................
Yes
 
 
f
Grants to other organizations for lobbying purposes? .......................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? ........
Yes
 
470,644
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ......
 
No
 
i
Other activities? ..........................
Yes
 
 
j
Total. Add lines 1c through 1i ...............................
470,644
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
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, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
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. A THIRD PARTY CONSULTANT is retained by Boston University to track federal legislative and agency developments that are relevant to the University's interests. SCHEDULE C, PART II-B, LINES 1D AND 1E THE UNIVERSITY POSTS FACT SHEETS CONTAINING LOBBYING MATERIALS DIRECTED AT ITS CONSTITUENCIES AND POLICYMAKERS TO THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S FEDERAL RELATIONS OFFICE ALSO DELIVERS THESE FACT SHEETS TO RELEVANT POLICYMAKERS. THE COST OF CREATING, POSTING, AND DELIVERING THE FACT SHEETS IS INCLUDED IN THE TOTAL LOBBYING EXPENSES REPORTED ON PART II-B, LINE 1J.
Schedule C (Form 990 or 990EZ) 2014

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.
Information about Schedule D (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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 value of contributions to (during year)    
3 Aggregate value of 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)
Revenue 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
Revenue 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) 2014

Schedule D (Form 990) 2014
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, for escrow or custodial account liability?
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 .... 1,547,493,496 1,335,661,496 1,131,262,496 1,148,486,982 972,466,613
b Contributions ........ 51,729,011 44,714,899 70,974,935 22,350,304 26,665,624
c Net investment earnings, gains, and losses 32,600,137 218,204,659 179,313,345 -1,050,776 181,672,889
d Grants or scholarships ..... 14,455,011 14,560,244 13,706,973 12,216,801 11,414,768
e Other expenditures for facilities
and programs ........ 		34,080,533 31,133,213 26,777,636 20,436,580 15,509,591
f Administrative expenses .... 6,692,683 5,394,101 5,404,671 5,870,633 5,393,785
g End of year balance ...... 1,576,594,417 1,547,493,496 1,335,661,496 1,131,262,496 1,148,486,982
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet38.000 %
b
Permanent endowment SchDMd Bullet29.000 %
c
Temporarily restricted endowment SchDMd Bullet33.000 %
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)
Yes
 
(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. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11a. 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 ................. 19,839,729 80,421,130 100,260,859
b Buildings ................ 130,639,087 2,686,972,351 949,257,247 1,868,354,191
c Leasehold improvements ............ 25,976,810 51,341,797 38,291,281 39,027,326
d Equipment ................ 181,074 305,616,410 176,146,490 129,650,994
e Other .................   203,488,443 158,099,527 45,388,916
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).).......SchDMdBullet 2,182,682,286
Schedule D (Form 990) 2014

Schedule D (Form 990) 2014
Page 3
Part VII
Investments—Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. 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 		501,241,788 F

(B) ALTERNATIVES-NATURAL RESOURCES 		52,975,553 F

(C) ALTERNATIVES-PRIVATE 		210,636,571 F

(D) ALTERNATIVES-REAL ESTATE 		328,656,911 F

(E) RESIDUAL ASSET NOTE 		50,542,359 F

(F) SPLIT INTEREST AGREEMENT 		5,105,114 F



Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 1,149,158,296
Part VIII
Investments—Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13.
(a) Description of investment (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. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11d. 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. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.
1.(a) Description of liability (b) Book value
Federal income taxes 0
ANNUITIES PAYABLE 13,619,992
CAPITAL LEASE OBLIGATION 83,341,045
DISCOUNTED NOTE OBLIGATION 50,542,359






Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 147,503,396
2. Liability for uncertain tax positions. 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) 2014

Schedule D (Form 990) 2014
Page 4
Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
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 (losses) 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. Complete if the organization answered 'Yes' to Form 990, Part IV, line 12a.
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
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.
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) 2014

Additional Data


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SCHEDULE E(Form 990 or 990-EZ)
Department of the Treasury
Internal 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.
Right pointing arrow large image Information about Schedule E (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047 2014Open 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 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) (2014)
Schedule E (Form 990 or 990EZ) (2014)
Page 2
Part II
Supplemental Information. Provide the explanations required by Part I, lines 3, 4d, 5h, 6b, and 7, as applicable. Also provide any other additional information (see instructions).
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 02115 (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) (2014)
Additional Data


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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 Information about Schedule F (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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 its grants
and other 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 its grants and other assistance 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
Antarctica     Program Services RESEARCH 2,358
Central America and the Caribbean     Investments   439,548,137
Central America and the Caribbean     Program Services STUDY ABROAD 504
Central America and the Caribbean 1 5 Program Services RESEARCH 153,377
Central America and the Caribbean     Program Services SEMINAR 99,346
East Asia and the Pacific     Grantmaking   287,389
East Asia and the Pacific     Investments   7,906,363
East Asia and the Pacific 1 4 Program Services RESEARCH 866,988
East Asia and the Pacific   2 Program Services SEMINAR 589,758
East Asia and the Pacific 4 43 Program Services STUDY ABROAD 7,049,003
East Asia and the Pacific     Fundraising   24,151
Europe (Including Iceland and Greenland)     Grantmaking   942,122
Europe (Including Iceland and Greenland)     Investments   43,179,069
Europe (Including Iceland and Greenland)   5 Program Services RESEARCH 1,613,386
Europe (Including Iceland and Greenland)   10 Program Services SEMINAR 988,512
Europe (Including Iceland and Greenland) 15 179 Program Services STUDY ABROAD 28,704,766
Europe (Including Iceland and Greenland)     Fundraising   24,671
Middle East and North Africa     Grantmaking   95,465
Middle East and North Africa     Investments   510,711
Middle East and North Africa     Program Services RESEARCH 31,022
Middle East and North Africa     Program Services SEMINAR 81,335
Middle East and North Africa     Program Services STUDY ABROAD 340,192
Middle East and North Africa     Fundraising   6,593
North America     Grantmaking   413,342
North America     Investments   16,821,179
North America     Program Services RESEARCH 71,397
North America   9 Program Services SEMINAR 178,126
Russia and the Newly Independent States     Program Services RESEARCH 78,673
Russia and the Newly Independent States     Program Services SEMINAR 9,145
South America     Grantmaking   359,895
South America     Investments   2,159,648
South America     Program Services RESEARCH 170,775
South America   3 Program Services SEMINAR 251,570
South America 1 3 Program Services STUDY ABROAD 702,017
South America     Fundraising   8,887
South Asia     Grantmaking   9,231
South Asia     Investments   1,739,161
South Asia     Program Services RESEARCH 40,304
South Asia     Program Services SEMINAR 2,395
Sub-Saharan Africa     Grantmaking   387,004
Sub-Saharan Africa 1 9 Program Services RESEARCH 5,515,863
Sub-Saharan Africa   2 Program Services SEMINAR 113,220
Sub-Saharan Africa     Program Services STUDY ABROAD 41,665
Sub-Saharan Africa     Fundraising   369
3a Sub-total ..... 21 248 531,979,900
b Total from continuation sheets to Part I ... 2 26 30,139,184
c Totals (add lines 3a and 3b) 23 274 562,119,084
For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2014
Schedule F (Form 990) 2014
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)		 (a)(c) Region (b)(d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of non-cash
assistance 		(h) Description
of non-cash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Sub-Saharan Africa RESEARCH 238,332 WIRE      
North America RESEARCH 113,918 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 45,356 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 32,369 WIRE      
North America RESEARCH 108,654 CHECK      
Middle East and North Africa RESEARCH 60,500 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 244,000 WIRE      
East Asia and the Pacific RESEARCH 94,211 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 45,143 WIRE      
East Asia and the Pacific RESEARCH 65,969 WIRE      
East Asia and the Pacific RESEARCH 20,723 WIRE      
North America RESEARCH 160,491 CHECK      
Europe (Including Iceland and Greenland) RESEARCH 65,333 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 99,232 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 118,387 CHECK      
South Asia RESEARCH 9,231 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 221,722 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 10,161 WIRE      
South America RESEARCH 359,895 WIRE      
Sub-Saharan Africa RESEARCH 94,721 CHECK      
Europe (Including Iceland and Greenland) RESEARCH 49,800 WIRE      
Middle East and North Africa RESEARCH 34,965 WIRE      
North America RESEARCH 30,279 CHECK      
East Asia and the Pacific RESEARCH 103,487 WIRE      
Sub-Saharan Africa RESEARCH 8,952 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
21
3
Enter total number of other organizations or entities .......................MediumBullet
4
Schedule F (Form 990) 2014
Schedule F (Form 990) 2014Page 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)
STUDENT FINANCIAL AID East Asia and the Pacific 2 3,000     TUITION COST
STUDENT FINANCIAL AID Europe (Including Iceland and Greenland) 5 10,620     TUITION COST
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2014
Schedule F (Form 990) 2014
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 organization may 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; do not file with Form 990)............................
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, Information 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; do not file with Form 990).....................................
Schedule F (Form 990) 2014
Schedule F (Form 990) 2014
Page 5
Part V
Supplemental Information
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).
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) 2014
Additional Data


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SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" to Form 990, Part IV, lines 17, 18, or 19, or if the organization entered more than $15,000 on Form 990-EZ, line 6a. right arrowAttach to Form 990 or Form 990-EZ.
right arrowInformation about Schedule G (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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. Form 990-EZ
filers are not required to complete this part.
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   35,305  
Marilyn Silverstein Fundraising Consultant   No   7,475  
             
             
             
             
             
             
             
             
Total .................right arrow   42,780  
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
All States
For Paperwork Reduction Act Notice, see the Instructions for Form 990or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2014
Schedule G (Form 990 or 990-EZ) 2014
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

5
(total number) 		(d) Total events
(add col. (a) through col. (c))
VerticalRevenue 1 Gross receipts . . . 948,185 1,029,390 1,094,861 3,072,436
2 Less: Contributions . . 205,030 514,470 503,475 1,222,975
3 Gross income (line 1
minus line 2) . . . 		743,155 514,920 591,386 1,849,461
VerticalDirectExpenses 4 Cash prizes . . .        
5 Noncash prizes . .     183,003 183,003
6 Rent/facility costs . .     138,315 138,315
7 Food and beverages .     20,788 20,788
8 Entertainment . . .     16,300 16,300
9 Other direct expenses . 556,695 554,198 132,816 1,243,709
10 Direct expense summary. Add lines 4 through 9 in column (d) ........... right arrow 1,602,115
11 Net income summary. Subtract line 10 from line 3, column (d)........... right arrow 247,346
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. Subtract line 7 from line 1, column (d) ......... right arrow  
9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct 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) 2014
Schedule G (Form 990 or 990-EZ) 2014
Page 3
11
Does the organization conduct 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 activities conducted 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. 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 provide any additional information (see instructions).
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2014
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.
lBullet Information about Schedule I (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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 Domestic Organizations and Domestic Governments. 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 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) AIMMS INC
500 108TH AVE NE
BELLEVUE,WA98004 		98-0444091   11,500       RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH R
(2) AMERICAN ACADEMY OF PEDIATRICS
36957 EAGLE WAY
CHICAGO,IL60678 		36-2275597 501C3 33,625       RESEARCH
(3) AMERICAN COLLEGE OF RADIOLOGY
1891 PRESTON WHITE DRIVE
RESTON,VA20191 		36-2261602 501C3 1,010,804       RESEARCH
(4) AURITEC PHARMACEUTICALS INC
2285 E FOOTHILL BLVD
PO Box 1388
PASADENA,CA91107 		84-1629188   219,678       RESEARCH
(5) BATTELLE MEMORIAL INSTITUTE
PO BOX 84391
SEATTLE,WA98124 		31-4379427 501C3 15,270       RESEARCH
(6) BAYLOR COLLEGE OF MEDICINE
PO BOX 301207
DALLAS,TX75303 		74-1613878 501C3 54,662       RESEARCH
(7) BAYLOR UNIVERSITY
1 BEAR PLACE 97041
6th Floor
WACO,TX76798 		74-1159753 501C3 17,844       RESEARCH
(8) BECTON DICKINSON AND COMPANY
21588 NETWORK PLC
CHICAGO,IL60673 		22-0760120   132,940       RESEARCH
(9) BETH ISRAEL DEACONESS MEDICAL CENTER INC
330 BROOKLINE AVENUE
Suite 501
BOSTON,MA02215 		04-2103881 501C3 396,675       RESEARCH
(10) BEXAR COUNTY MENTAL RETARDATION SVCS
3031 1H 10 WEST
SAN ANTONIO,TX78201 		74-1590659   8,987       RESEARCH
(11) BOARD OF TRUSTEES OF STANFORD JR UNIVERSITY
PO BOX 44253
SAN FRANCISCO,CA94144 		94-1156365 501C3 207,762       RESEARCH
(12) BOARD OF TRUSTEES OF THE UNIVERSITY OF IL
P O BOX 4610
SPRINGFIELD,IL62708 		37-6000511 501C3 139,779       RESEARCH
(13) BOSTON HEALTH CARE FOR THE HOMELESS PROGRAM
780 ALBANY STREET
BOSTON,MA02118 		04-3160480 501C3 96,734       RESEARCH
(14) BOSTON HOUSING AUTHORITY
52 CHAUNCY ST
MS 0124
BOSTON,MA02111 		04-6001907 STATE OF MA 63,941       RESEARCH
(15) BOSTON MEDICAL CENTER CORPORATION
660 HARRISON AVE
BOSTON,MA02118 		04-3314093 501C3 2,648,578       RESEARCH
(16) BOSTON PUBLIC HEALTH COMMISSION
1010 MASSACHUSETTS AVENUE
BOSTON,MA02118 		04-3316655 STATE OF MA 40,000       RESEARCH
(17) BOSTON VA RESEARCH INSTITUTE INC
150 SOUTH HUNTINGTON AVE
BOSTON,MA02130 		04-3081524 501C3 66,249       RESEARCH
(18) BRANDEIS UNIVERSITY
PO BOX 549110
WALTHAM,MA02454 		04-2103552 501C3 281,825       RESEARCH
(19) BRIGHAM YOUNG UNIVERSITY
A-261 ASB GRANTS CONTRACT
2nd FL Grants Adm
PROVO,UT84602 		87-0217280 501C3 56,738       RESEARCH
(20) BROWN UNIVERSITY
PO BOX 1911
PROVIDENCE,RI02912 		05-0258809 501C3 601,676       RESEARCH
(21) BUTLER HOSPITAL
350 DUNCAN DR
PROVIDENCE,RI02906 		05-0258812 501C3 7,982       RESEARCH
(22) CARDIOVASCULAR ENGINEERING INC
1 EDGEWATER DRIVE
NORWOOD,MA02062 		04-3428135   325,251       RESEARCH
(23) CASA ESPERANZA INC
PO BOX 191540
ROXBURY,MA02119 		22-2525437 501C3 112,658       RESEARCH
(24) CENTER FOR SPECIAL CARE
2150 CORBIN AVE
NEW BRITAIN,CT06053 		06-0646766 501C3 77,823       RESEARCH
(25) CHELSEA COLLABORATIVE INC
318 BROADWAY
CHELSEA,MA02150 		22-2906521 501C3 20,192       RESEARCH
(26) CHILDRENS HOSPITAL CORPORATION
PO BOX 414413
BOSTON,MA02241 		04-2774441 501C3 209,462       RESEARCH
(27) CHILDRENS RESEARCH INSTITUTE
801 ROEDER ROAD
SILVER SPRING,MD20910 		52-1654453 501C3 262,842       RESEARCH
(28) CLEVELAND CLINIC FOUNDATION
PO BOX 931562
CLEVELAND,OH44193 		34-0714585 501C3 8,114       RESEARCH
(29) COMMONWEAL
PO BOX 316 451 MESA ROAD
BOLINAS,CA94924 		94-2366094 501C3 6,000       RESEARCH
(30) COMMONWEALTH CARE ALLIANCE INC
30 WINTER ST 12TH FL
MLC 4900
BOSTON,MA02108 		04-3756900 501C3 13,104       RESEARCH
(31) COMMONWEALTH OF MASSACHUSETTS
250 WASHINGTON ST
BOSTON,MA02108 		04-6002284 STATE OF MA 93,614       RESEARCH
(32) COMMUNITY AIDS RESEARCH INC
3510 BISCAYNE BLVD
MIAMI,FL33137 		59-2564198 501C3 45,808       RESEARCH
(33) CORNELL UNIVERSITY
PO BOX 22
ITHACA,NY14851 		15-0532082 501C3 75,915       RESEARCH
(34) DALLAS VA RESEARCH CORPORATION
PO BOX 516
Suite 300
LANCASTER,TX75146 		75-2329831 501C3 25,810       RESEARCH
(35) DANA-FARBER CANCER INSTITUTE INC
450 BROOKLINE AVE
BOSTON,MA02215 		04-2263040 501C3 30,451       RESEARCH
(36) DCG SYSTEMS
3400 WEST WARREN AVE
FREMONT,CA94538 		26-1929542   67,665       RESEARCH
(37) DENVER RESEARCH INSTITUTE
1055 CLERMONT ST VAMC 151
DENVER,CO80220 		84-1392442 501C3 31,800       RESEARCH
(38) DREXEL UNIVERSITY
PO BOX 95000-1010
PHILADELPHIA,PA19195 		23-1352630 501C3 121,298       RESEARCH
(39) DUKE UNIVERSITY
2200 WEST MAIN STREET
DURHAM,NC27705 		56-0532129 501C3 70,762       RESEARCH
(40) EDUCATION DEVELOPMENT CENTER INC
43 FOUNDRY AVE
Mail Stop BP451
WALTHAM,MA02453 		04-2241718 501C3 305,152       RESEARCH
(41) EMMANUEL COLLEGE
400 THE FENWAY
BOSTON,MA02115 		04-2105769 501C3 7,733       RESEARCH
(42) EMORY UNIVERSITY
1599 CLIFTON RD NE
ATLANTA,GA30322 		58-0566256 501C3 728,019       RESEARCH
(43) ENDICOTT COLLEGE
376 HALE ST
BEVERLY,MA01915 		04-2103567 501C3 105,714       RESEARCH
(44) FAMILY HEALTH INTERNATIONAL
359 BLACKWELL STREET 200
VAMC 518
DURHAM,NC27701 		23-7413005 501C3 41,380       RESEARCH
(45) FENWAY COMMUNITY HEALTH CENTER INC
1340 BOYLSTON STREET
Suite 300
BOSTON,MA02215 		04-2510564 501C3 34,549       RESEARCH
(46) FORSYTH DENTAL INFIRMARY FOR CHILDREN
245 FIRST STREET
CAMBRIDGE,MA02142 		04-2104230 501C3 8,583       RESEARCH
(47) FRAUNHOFER USA INC
PO BOX 673308
Suite 300
DETROIT,MI48267 		38-3203030 501C3 348,730       RESEARCH
(48) FRED HUTCHINSON CANCER RESEARCH CENTER
1100 FAIRVIEW AVE N
SEATTLE,WA98109 		23-7156071 501C3 102,452       RESEARCH
(49) GAYLORD HOSPITAL INC
PO BOX 400 GAYLORD FARM RD
WALLINGFORD,CT06492 		06-0646649 501C3 117,392       RESEARCH
(50) GEORGETOWN UNIVERSITY
BOX 571164
Ste 603
WASHINGTON,DC20057 		53-0196603 501C3 47,528       RESEARCH
(51) GEORGIA TECH RESEARCH CORPORATION
PO BOX 100117
ATLANTA,GA30384 		58-0603146 501C3 10,196       RESEARCH
(52) HARVARD PILGRIM HEALTH CARE INC
P O BOX 3672 LOCKBOX 3
BOSTON,MA02241 		04-2452600 501C3 110,585       RESEARCH
(53) HEALTH RESEARCH INCORPORATED
PO BOX 2966
BUFFALO,NY14240 		14-1402155 501C3 23,454       RESEARCH
(54) HEBREW REHABILITATION CENTER
1200 CENTRE STREET
MS 2E1
BOSTON,MA02131 		04-2104298 501C3 17,607       RESEARCH
(55) HEBREW SENIORLIFE INC
1200 CENTRE STREET
BOSTON,MA02131 		90-0183119 501C3 5,228       RESEARCH
(56) HOLYOKE HEALTH CENTER INC
P O BOX 6260
HOLYOKE,MA01041 		04-2492730 501C3 175,313       RESEARCH
(57) HOWARD UNIVERSITY
525 BRYANT ST NW 137
WASHINGTON,DC20059 		53-0204707 501C3 34,335       RESEARCH
(58) J CRAIG VENTER INSTITUTE
9704 MEDICAL CENTER DR
ROCKVILLE,MD20850 		52-1842938 501C3 116,538       RESEARCH
(59) JOHNS HOPKINS UNIVERSITY
12529 COLLECTIONS CTR DR
CHICAGO,IL60693 		52-0595110 501C3 317,495       RESEARCH
(60) KAISER FOUNDATION HOSPITALS
1800 HARRISON ST
OAKLAND,CA94612 		94-1105628 501C3 22,455       RESEARCH
(61) KESSLER FOUNDATION INC
300 EXECUTIVE DR
WEST ORANGE,NJ07052 		31-1562134 501C3 21,557       RESEARCH
(62) LAHEY CLINIC INC
41 MALL ROAD
BURLINGTON,MA01805 		04-2704683 501C3 11,598       RESEARCH
(63) MAPP BIOPHARMACEUTICAL INC
6160 LUSK BLVD
SAN DIEGO,CA92121 		20-0037593   440,688       RESEARCH
(64) MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASS AVE
CAMBRIDGE,MA02139 		04-2103594 501C3 2,304,562       RESEARCH
(65) MAYO CLINIC JACKSONVILLE
4500 SAN PABLO RD
JACKSONVILLE,FL32224 		59-3337028 501C3 217,335       RESEARCH
(66) MEDICAL UNIVERSITY OF SOUTH CAROLINA
19 HAGOOD AVE 303
CHARLESTON,SC29425 		57-6000722 501C3 149,214       RESEARCH
(67) MENTAL HEALTH CENTER OF DENVER
4141 E DICKENSON PL
Suite 700
DENVER,CO80222 		74-2499946 501C3 17,692       RESEARCH
(68) MICHIGAN STATE UNIVERSITY
426 AUDITORIUM ROAD
16TH FLOOR
EAST LANSING,MI48824 		38-6005984 501C3 142,225       RESEARCH
(69) MIDDLE TENNESSEE RESEARCH INSTITUTE
1310 24TH AVE SOUTH
NASHVILLE,TN37212 		62-1387860 501C3 68,221       RESEARCH
(70) MIRIAM HOSPITAL
1 HOPPIN ST
Suite 70
PROVIDENCE,RI02903 		05-0258905 501C3 155,737       RESEARCH
(71) MOUNT SINAI SCHOOL OF MEDICINE
1 GUSTAVE LEVY PL
Suite 210
NEW YORK,NY10029 		13-6171197 501C3 288,692       RESEARCH
(72) NEW YORK UNIVERSITY
PO BOX 415026 SCHOOL OF MED
BOSTON,MA02241 		13-5562308 501C3 89,851       RESEARCH
(73) NEWTON ENERGY GROUP LLC
47 HUNTINGTON RD
NEWTON,MA02458 		45-2996872   116,333       RESEARCH
(74) NORTH FLORIDA FDN FOR RESEARCH & EDUCATION
1601 SW ARCHER RD 151
Ste C105
GAINESVILLE,FL32608 		59-3432918 501C3 15,893       RESEARCH
(75) NORTHEASTERN UNIVERSITY
360 HUNTINGTON AVE
BOSTON,MA02115 		04-1679980 501C3 978,229       RESEARCH
(76) NORTHSTAR LEARNING CENTERS INC
53 LINDEN STREET
Bldg 12-189
NEW BEDFORD,MA02740 		51-0200575 501C3 7,135       RESEARCH
(77) NORTHWESTERN UNIVERSITY
633 CLARK STREET
EVANSTON,IL60208 		36-2167817 501C3 297,376       RESEARCH
(78) NOVA SOUTHEASTERN UNIVERSITY
3301 COLLEGE AVENUE CGA MANAGER
South West
FORT LAUDERDALE,FL33314 		59-1083502 501C3 31,188       RESEARCH
(79) ORTHOPAEDIC ASSOCIATES OF GRAND RAP
230 MICHIGAN ST NE SUITE 300
GRAND RAPIDS,MI49503 		38-1971253   7,992       RESEARCH
(80) OSU OREGON STATE UNIVERSITY
PO BOX 1086
CORVALLIS,OR97339 		48-1278540 501C3 59,960       RESEARCH
(81) PACIFIC NORTHWEST RESEARCH INSTITUTE
720 BROADWAY
SEATTLE,WA98122 		91-0667886 501C3 371,988       RESEARCH
(82) PATHFINDER INTERNATIONAL
9 GALEN STREET 217
WATERTOWN,MA02472 		53-0235320 501C3 88,838       RESEARCH
(83) POLARIS SYSTEMS OPTIMIZATION INC
20109 24TH AVE NW
SHORELINE,WA98177 		26-4314423   45,911       RESEARCH
(84) PRESIDENT & FELLOWS OF HARVARD COLLEGE
PO BOX 415649
BOSTON,MA02241 		04-2103580 501C3 1,031,578       RESEARCH
(85) PROPEL CAREERS
1 BROADWAY 14TH FLOOR
CAMBRIDGE,MA02142 		27-1093470   14,700       RESEARCH
(86) PRIVO TECHNOLOGIES
13 BRISTOL STREET 1
CAMBRIDGE,MA02141 		47-4573278   69,971       RESEARCH
(87) PUERTO RICO COMMUNITY NETWORK CLIN RESEARCH
PO BOX 20850
SAN JUAN,PR00928 		66-0466365 501C3 29,798       RESEARCH
(88) RECTOR & VISITORS OF THE UNIVERSITY OF VA
PO BOX 400195
CHARLOTTESVILLE,VA22904 		54-6001796 501C3 133,548       RESEARCH
(89) REGENTS OF THE UNIV OF CA BERKELEY
2195 HEARST AVE
BERKELEY,CA94720 		94-6002123 501C3 289,625       RESEARCH
(90) REGENTS OF THE UNIV OF CA SAN DIEGO
9500 GILLMAN DR MC 0009
LA JOLLA,CA92093 		95-6006144 501C3 79,027       RESEARCH
(91) REGENTS OF THE UNIV OF CA DAVIS
PO BOX 989062
WEST SACRAMENTO,CA95798 		94-6036494 501C3 528,582       RESEARCH
(92) REGENTS OF THE UNIV OF CA IRVINE
ACCTNG OFFICE BIO SCIENCE
IRVINE,CA92697 		95-2226406 501C3 110,503       RESEARCH
(93) REGENTS OF THE UNIV OF CA LOS ANGELES
405 HILGARD AVE BOX 951432
251 Richard Hall
LOS ANGELES,CA90095 		95-6006143 501C3 11,112       RESEARCH
(94) REGENTS OF THE UNIV OF CA SAN FRANCISCO
EMF BOX 0812
SAN FRANCISCO,CA94143 		94-6035493 501C3 46,182       RESEARCH
(95) REGENTS OF THE UNIV OF CA SANTA BARBARA
SAASB BUILD RM 1212
SANTA BARBARA,CA93106 		95-6006145 501C3 8,456       RESEARCH
(96) REGENTS OF THE UNIVERSITY OF COLORADO
PO BOX 910220
Rm G-547
DENVER,CO80291 		84-6000555 501C3 38,757       RESEARCH
(97) REGENTS OF THE UNIVERSITY OF MINNESOTA
NW 5957
MINNEAPOLIS,MN55485 		41-6007513 501C3 20,675       RESEARCH
(98) RENNIE CENTER FOR EDUCATION RESEARCH
114 STATE STREET 3RD FLOOR
BOSTON,MA02109 		51-0548106 501C3 45,049       RESEARCH
(99) RENSSELAER POLYTECHNIC INSTITUTE
110 8TH STREET
TROY,NY12180 		14-1340095 501C3 81,718       RESEARCH
(100) REPROTECT INC
703 STAGS HEAD RD
BALTIMORE,MD21286 		65-1167586   31,617       RESEARCH
(101) RESEARCH FOUNDATION FOR MENTAL HYGI
150 BROADWAY 301 ACCTS RCVBL
MENANDS,NY12204 		14-1410842 501C3 37,127       RESEARCH
(102) RUSH UNIVERSITY MEDICAL CENTER
1700 W VAN BUREN STREET 277
CHICAGO,IL60612 		36-2174823 501C3 34,712       RESEARCH
(103) RUTGERS THE STATE UNIVERSITY OF NEW JERSEY
3 RUTGERS PLAZA
NEW BRUNSWICK,NJ08901 		22-6001086 501C3 258,755       RESEARCH
(104) SEATTLE CHILDRENS HOSPITAL
4800 SAND POINT WAY NE
SEATTLE,WA98145 		91-0564748 501C3 200,474       RESEARCH
(105) SENSIMETRICS CORPORATION
14 SUMMER STREET
Room 130 MC 1103
MALDEN,MA02148 		04-2973546   119,392       RESEARCH
(106) SETI INSTITUTE
189 BERNARDO AVE
MOUNTAIN VIEW,CA94043 		94-2951356 501C3 23,863       RESEARCH
(107) SIGMA-ALDRICH INC
3050 SPRUCE STREET
ST LOUIS,MO63103 		43-1742718   350,062       RESEARCH
(108) SMITHSONIAN INSTITUTION
24351 NETWORK PL
CHICAGO,IL60673 		53-0206027 501C3 73,168       RESEARCH
(109) SOUTH FLORIDA VETERANS AFFAIRS FDN
1201 NW 16TH STREET 2A103
MIAMI,FL33125 		65-0207903 501C3 51,673       RESEARCH
(110) STATE OF MARYLAND
PO BOX 41428 UNIV OF MARYLAND BAL
BALTIMORE,MD21203 		52-6002033 STATE OF MD 219,034       RESEARCH
(111) SUFFOLK UNIVERSITY
8 ASHBURTON PLACE
BOSTON,MA02108 		04-2133255 501C3 11,768       RESEARCH
(112) TEMPLE UNIVERSITY OF THE COMMONWEALTH
PO BOX 824242
PO Box 1450
PHILADELPHIA,PA19182 		23-1365971 501C3 36,204       RESEARCH
(113) TEXAS TECH UNIVERSITY HEALTH SCIENCES
3601 4TH ST
7th Floor
LUBBOCK,TX79430 		75-2668014 STATE OF TX 5,940       RESEARCH
(114) THE AMERICAN ACADEMY OF ALLERGY AS
555 E WELLS ST STE 1100 C/O SHEIL
MILWAUKEE,WI53202 		39-6061326 501C3 28,425       RESEARCH
(115) THE BARTON CENTER FOR DIABETES EDUCATION
30 ENNIS RD PO BOX 356
NORTH OXFORD,MA01537 		22-2701822 501C3 9,683       RESEARCH
(116) THE BRATTLE GROUP INC
44 BRATTLE STREET
Unit 210
CAMBRIDGE,MA02138 		04-3254813   57,807       RESEARCH
(117) THE BRIGHAM & WOMENS HOSPITAL INC
PO BOX 3887
BOSTON,MA02241 		04-2312909 501C3 1,464,204       RESEARCH
(118) THE BROOKLYN HOSPITAL CENTER
270 FLATBUSH AVE
BROOKLYN,NY11201 		11-1630755 501C3 25,862       RESEARCH
(119) THE CHILDRENS HOSPITAL OF PHILADELPHIA
LOCKBOX 1457 PO BOX 8500
PHILADELPHIA,PA19178 		23-1352166 501C3 32,749       RESEARCH
(120) THE FEINSTEIN INSTITUTE FOR MEDICAL
350 COMMUNITY DRIVE
MANHASSET,NY11030 		11-2673595 501C3 63,631       RESEARCH
(121) THE GENERAL HOSPITAL CORPORATION
529 MAIN STREET
CHARLESTOWN,MA02241 		04-2697983 501C3 3,494,756       RESEARCH
(122) THE GEORGE WASHINGTON UNIVERSITY
45155 RESEARCH PL
ASHBURN,VA20147 		53-0196584 501C3 88,834       RESEARCH
(123) THE HENRY M JACKSON FDN ADV MILITARY MED
6720-A ROCKLEDGE DR
BETHESDA,MD20817 		52-1317896 501C3 107,282       RESEARCH
(124) THE LEARNING CENTER FOR THE DEAF INC
848 CENTRAL STREET
FRAMINGHAM,MA01701 		23-7064431 501C3 57,330       RESEARCH
(125) THE MASSINC POLLING GROUP
11 BEACON ST SUITE 500
BOSTON,MA02108 		27-3708972   32,639       RESEARCH
(126) THE MCLEAN HOSPITAL CORPORATION
PO BOX 3951
BOSTON,MA02241 		04-2697981 501C3 120,425       RESEARCH
(127) THE MEDICAL COLLEGE OF WISCONSIN INC
8701 WATERTOWN PLANK ROAD
General Acct M1/365
MILWAUKEE,WI53226 		39-0806261 501C3 56,345       RESEARCH
(128) THE MENTAL HEALTH CTR OF GREATER MANCHESTER
401 CYPRESS STREET
Ste 1100 c/o Sheil
MANCHESTER,NH03103 		02-0258994 501C3 158,410       RESEARCH
(129) THE PENNSYLVANIA STATE UNIVERSITY
227 W BEAVER AVE 401 RESEARCH ACCT
STATE COLLEGE,PA16801 		24-6000376 501C3 31,610       RESEARCH
(130) THE REGENTS OF THE UNIVERSITY OF MICHIGAN
BOX 223131
PITTSBURGH,PA15251 		38-6006309 501C3 60,571       RESEARCH
(131) THE SPAULDING REHABILITATION HOSPITAL CORP
101 HUNTINGTON AVE 300
BOSTON,MA02199 		04-2551124 501C3 216,783       RESEARCH
(132) THE THRESHOLDS
4101 N RAVENSWOOD AVE
Floor 2
CHICAGO,IL60613 		36-2518901 501C3 88,277       RESEARCH
(133) THE TRUSTEES OF COLUMBIA UNIVERSITY
PO BOX 29789
NEW YORK,NY10087 		13-5598093 501C3 129,172       RESEARCH
(134) THE UNIVERSITY OF ALABAMA IN HUNTSVILLE
301 SPARKMAN DR
HUNTSVILLE,AL35899 		63-0520830 STATE OF AL 69,842       RESEARCH
(135) THE UNIVERSITY OF IOWA
B5 JESSUP HALL
2nd Floor Suite 209
IOWA CITY,IA52242 		42-6004813 STATE OF IA 34,717       RESEARCH
(136) THE UNIVERSITY OF SOUTH CAROLINA
718 DEVINE ST
Suite 100
COLUMBIA,SC29208 		57-6001153 501C3 31,511       RESEARCH
(137) THE UNIVERSITY OF TEXAS AT AUSTIN
PO BOX 7159
AUSTIN,TX78713 		74-6000203 501C3 275,330       RESEARCH
(138) THE VANDERBILT UNIVERSITY
PO BOX 121236
DALLAS,TX75312 		62-0476822 501C3 54,068       RESEARCH
(139) THOMAS JEFFERSON UNIVERSITY
1020 WALNUT STREET
Office of Sponsored Acct
PHILADELPHIA,PA19107 		23-1352651 501C3 16,937       RESEARCH
(140) TOXICS ACTION CENTER INC
294 WASHINGTON STREET 500
BOSTON,MA02108 		04-3211693 501C3 5,600       RESEARCH
(141) TRUSTEES OF DARTMOUTH COLLEGE
11 ROPE FERRY RD
HANOVER,NH03755 		02-0222111 501C3 573,982       RESEARCH
(142) TRUSTEES OF THE UNIVERSITY OF ARKANSAS
4301 WEST MARKHAM
LITTLE ROCK,AR72205 		71-6046242 STATE OF AR 26,140       RESEARCH
(143) TRUSTEES OF TUFTS COLLEGE
169 HOLLAND ST
SOMERVILLE,MA02144 		04-2103634 501C3 339,901       RESEARCH
(144) UNIVERSITY OF ALABAMA AT BIRMINGHAM
1720 2ND AVE S
BIRMINGHAM,AL35294 		63-6005396 501C3 90,390       RESEARCH
(145) UNIVERSITY OF DELAWARE
116 STUDENT SERVICES BUILDING
NEWARK,DE19716 		51-6000297 501C3 7,401       RESEARCH
(146) UNIVERSITY OF FLORIDA
PO BOX 113001
GAINESVILLE,FL32611 		59-6002052 STATE OF FL 9,354       RESEARCH
(147) UNIVERSITY OF GEORGIA RESEARCH FDN
240A RIVERBEND ROAD BOX 5333
ATHENS,GA30602 		58-1353149 501C3 7,980       RESEARCH
(148) UNIVERSITY OF KANSAS CTR FOR RESEARCH INC
2385 IRVING HILL ROAD
LAWRENCE,KS66045 		48-0680117 501C3 31,876       RESEARCH
(149) UNIVERSITY OF KENTUCKY RESEARCH FOUNDATION
P O BOX 931113
5th Floor
CLEVELAND,OH44193 		61-6033693 501C3 91,396       RESEARCH
(150) UNIVERSITY OF MASSACHUSETTS
55 LAKE AVENUE NORTH
Room B-46
WORCESTER,MA01655 		04-3167352 STATE OF MA 849,457       RESEARCH
(151) UNIVERSITY OF MIAMI
PO BOX 405803
6210
ATLANTA,GA30384 		59-0624458 501C3 199,440       RESEARCH
(152) UNIVERSITY OF NEW ENGLAND
11 HILLS BEACH RD
BIDDEFORD,ME04005 		01-0211810 501C3 25,584       RESEARCH
(153) UNIVERSITY OF NEW MEXICO
1 UNIV OF NEW MEXICO
Box 817
ALBUQUERQUE,NM87131 		85-6000642 501C3 386,836       RESEARCH
(154) UNIVERSITY OF NORTH CAROLINA AT CHAPEL HILL
PO BOX 402420
ATLANTA,GA30384 		56-6001393 501C3 177,686       RESEARCH
(155) UNIVERSITY OF PENNSYLVANIA
PO BOX 785541
PHILADELPHIA,PA19178 		23-1352685 501C3 324,644       RESEARCH
(156) UNIVERSITY OF PITTSBURGH
PO BOX 371220
PITTSBURGH,PA15251 		25-0965591 501C3 54,873       RESEARCH
(157) UNIVERSITY OF ROCHESTER
910 GENESEE STREET STE 200
ROCHESTER,NY14611 		16-0743209 501C3 29,808       RESEARCH
(158) UNIVERSITY OF SOUTHERN CALIFORNIA
SPONSORED PROJECTS FILE NO 52095
LOS ANGELES,CA90074 		95-1642394 501C3 15,564       RESEARCH
(159) UNIVERSITY OF TENNESSEE
62 SOUTH DUNLAP ST 300
MEMPHIS,TN38163 		62-6001636 501C3 12,781       RESEARCH
(160) UNIVERSITY OF TEXAS AT DALLAS
800 W CAMPBELL RD AD37 ACCOUNTS RE
RICHARDSON,TX75080 		75-1305566 501C3 9,000       RESEARCH
(161) UNIVERSITY OF TEXAS HEALTH SCIENCE
PO BOX 301418 FINANCIAL ADMIN
DALLAS,TX75303 		74-1761309 501C3 77,761       RESEARCH
(162) UNIVERSITY OF TEXAS MEDICAL BRANCH
PO BOX 660120 DEPT 750
DALLAS,TX75266 		74-6000949 STATE OF TX 63,266       RESEARCH
(163) UNIVERSITY OF UTAH
201 S PRESIDENTS CIR ROOM 406 GRANT
SALT LAKE CITY,UT84112 		87-6000525 501C3 52,045       RESEARCH
(164) UNIVERSITY OF VERMONT & STATE AGRICULTURAL
PO BOX 1389
MSC 09 5222
WILLISTON,VT05495 		03-0179440 501C3 40,362       RESEARCH
(165) UNIVERSITY OF WASHINGTON
12455 COLLECTIONS DRIVE
CHICAGO,IL60693 		91-6001537 501C3 195,519       RESEARCH
(166) UNIVERSITY OF WISCONSIN
1220 LINDEN DRIVE
CB7155 Kidney
MADISON,WI53278 		39-1805963 STATE OF WI 136,424       RESEARCH
(167) USGS NATIONAL CENTER MS 270
MS 271 NATIONAL CENTER
RESTON,VA20192 		53-0196958 US GEOLOGICAL S 11,115       RESEARCH
(168) UT MD ANDERSON CANCER CENTER
1515 HOLCOMBE BLVD
HOUSTON,TX77030 		74-6001118 501C3 137,327       RESEARCH
(169) VETERANS MEDICAL RESEARCH FOUNDATION OF SD
3350 LA JOLLA VILLAGE DRIVE
ADM147
SAN DIEGO,CA92161 		33-0189397 501C3 140,962       RESEARCH
(170) VIRGINIA COMMONWEALTH UNIVERSITY
BOX 843039
RICHMOND,VA23284 		54-6001758 501C3 85,635       RESEARCH
(171) WAKE FOREST UNIVERSITY
MEDICAL CENTER BLVD OFFICE OF SPON
WINSTONSALEM,NC27157 		56-0532138 501C3 13,261       RESEARCH
(172) WASHINGTON UNIVERSITY
700 ROSEDALE AVENUE
ST LOUIS,MO63112 		43-0653611 501C3 216,500       RESEARCH
(173) WAYNE STATE UNIVERSITY
PO BOX 02788
DETROIT,MI48202 		38-6028429 501C3 41,023       RESEARCH
(174) WEILL MEDICAL COLLEGE OF CORNELL UNIVERSITY
575 LEXINGTON AVE 9TH FL
NEW YORK,NY10022 		13-1623978 501C3 48,927       RESEARCH
(175) WESTAT INC
PO BOX 1004
ROCKVILLE,MD20850 		84-0529566   963,227       RESEARCH
(176) WILLIAM MARSH RICE UNIVERSITY
PO BOX 1892
HOUSTON,TX77251 		74-1109620 501C3 29,897       RESEARCH
(177) WOODS HOLE OCEANOGRAPHIC INSTITUTION
569 WOODS HOLE ROAD
WOODS HOLE,MA02543 		04-2105850 501C3 527,486       RESEARCH
(178) WORCESTER STATE UNIVERSITY
486 CHANDLER ST A339B
RD MS 151
WORCESTER,MA01602 		04-2760551 STATE OF MA 17,272       RESEARCH
(179) YALE UNIVERSITY
PO BOX 1873
NEW HAVEN,CT06508 		06-0646973 501C3 193,609       RESEARCH
(180) YESHIVA UNIVERSITY
1300 MORRIS PARK AVE
BRONX,NY10461 		13-1624225 501C3 141,273       RESEARCH
(181) YOUGOV AMERICA INC
285 HAMILTON AVE
PALO ALTO,CA94301 		98-0547173   126,450       RESEARCH
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................ Bullet Image
162
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
19
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2014

Schedule I (Form 990) 2014
Page 2
Part III
Grants and Other Assistance to Domestic Individuals. 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) TUITION & STIPEND FOR STUDENT & POST-DOC FELLOWS 16156 346,357,474   COST TUITION OFFSET












Part IV
Supplemental Information. Provide the information required in Part I, line 2, Part III, column (b), and any other additional information.
Return Reference Explanation
SCHEDULE I, PART I, LINE 2 The University assigns responsibility for monitoring the use of grant funds within 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 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) 2014


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, line 23.
SchJMediumBullet Attach to Form 990.
SchJMediumBullet Information about Schedule J (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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
directors, trustees, officers, including 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
 
No
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), 501(c)(4), and 501(c)(29) organizations 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
Yes
 
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) 2014

Schedule J (Form 990) 2014
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 in column(B) reported as deferred in prior Form 990
(i) Base compensation (ii) Bonus & incentive compensation (iii) Other reportable compensation
1ROBERT A BROWNPRESIDENT (i)
(ii)		 856,182
...............................
0 		0
...............................
0 		106,098
...............................
0 		289,585
...............................
0 		256,589
...............................
0 		1,508,454
...............................
0 		0
...............................
0
2STEPHEN M BRADYTRUSTEE & PROFESSOR (i)
(ii)		 139,041
...............................
0 		0
...............................
0 		1,760
...............................
0 		18,675
...............................
0 		18,727
...............................
0 		178,203
...............................
0 		0
...............................
0
3MARTIN J HOWARDSR VP, CFO, & TREASURER (i)
(ii)		 433,289
...............................
0 		0
...............................
0 		27,029
...............................
0 		34,585
...............................
0 		48,613
...............................
0 		543,516
...............................
0 		0
...............................
0
4TODD L C KLIPPSR VP, SR COUNSEL, & SECRETARY (i)
(ii)		 492,954
...............................
0 		0
...............................
0 		68,840
...............................
0 		34,585
...............................
0 		27,819
...............................
0 		624,198
...............................
0 		0
...............................
0
5JEAN MORRISONUNIVERSITY PROVOST (i)
(ii)		 609,106
...............................
0 		0
...............................
0 		50,461
...............................
0 		34,585
...............................
0 		160,850
...............................
0 		855,002
...............................
0 		0
...............................
0
6KAREN H ANTMANMEDICAL CAMPUS PROVOST (i)
(ii)		 710,500
...............................
0 		0
...............................
0 		65,076
...............................
0 		34,585
...............................
0 		757
...............................
0 		810,918
...............................
0 		0
...............................
0
7GARY W NICKSASR VP FOR OPERATIONS (i)
(ii)		 427,610
...............................
0 		0
...............................
0 		24,970
...............................
0 		34,585
...............................
0 		31,447
...............................
0 		518,612
...............................
0 		0
...............................
0
8AUBREY MILUNSKYPROFESSOR & PHYSICIAN -RETIRED (i)
(ii)		 0
...............................
0 		0
...............................
0 		2,261,421
...............................
0 		0
...............................
0 		1,455
...............................
0 		2,262,876
...............................
0 		0
...............................
0
9TONY TANNOURYPROFESSOR & PHYSICIAN (i)
(ii)		 0
...............................
249,054 		0
...............................
0 		0
...............................
1,799,344 		0
...............................
29,385 		0
...............................
26,345 		0
...............................
2,104,128 		0
...............................
0
10PUSHKAR MEHRAPROFESSOR & ORAL SURGEON (i)
(ii)		 325,933
...............................
0 		436,137
...............................
0 		265,005
...............................
0 		24,185
...............................
0 		24,837
...............................
0 		1,076,097
...............................
0 		0
...............................
0
11WILLIAM CREEVYPROFESSOR & PHYSICIAN (i)
(ii)		 0
...............................
248,310 		0
...............................
0 		0
...............................
733,132 		0
...............................
34,585 		0
...............................
26,345 		0
...............................
1,042,372 		0
...............................
0
12CLARISSA HUNNEWELLCHIEF INVESTMENT OFFICER (i)
(ii)		 545,000
...............................
0 		385,164
...............................
0 		15,206
...............................
0 		34,585
...............................
0 		882
...............................
0 		980,837
...............................
0 		0
...............................
0
13DAVID CAMPBELLFORMER PROVOST (i)
(ii)		 371,725
...............................
0 		0
...............................
0 		45,563
...............................
0 		34,585
...............................
0 		26,270
...............................
0 		478,143
...............................
0 		0
...............................
0
Schedule J (Form 990) 2014

Schedule J (Form 990) 2014
Page 3
Part III
Supplemental Information
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.
Return Reference Explanation
SCHEDULE J, PART I TONY TANNOURY, PUSHKAR MEHRA, AND WILLIAM CREEVY ARE COMPENSATED UNDER A COMMON PAYMASTER AGREEMENT FOR THEIR CLINICAL WORK AT 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 AT THE BETH ISRAEL DECONESS 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 AND PROVOST JEAN MORRISON WERE BOTH 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 ($237,044) AND PROVOST MORRISON ($134,014). FORMER PROVOST DAVID CAMPBELL WAS PROVIDED A TAXABLE HOUSING ALLOWANCE OF $24,000 AS PART OF HIS EMPLOYMENT AGREEMENT; THIS AMOUNT IS INCLUDED IN SCHEDULE J, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. (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 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 2014. (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 2014. 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 2014, NO INDIVIDUAL REPORTED ON FORM 990, PART VII RECEIVED THIS BENEFIT.
SCHEDULE J, PART I, LINE 4B (1) UNDER A NONQUALIFIED SUPPLEMENTAL RETIREMENT PLAN, ON AUGUST 1, 2014, 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 WERE TO BECOME VESTED ON AUGUST 1, 2015, AND WERE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $255,000 WAS ACCRUED FOR PRESIDENT BROWN IN CALENDAR YEAR 2014 AND IS REPORTED ON SCHEDULE J, COLUMN C AS RETIREMENT AND OTHER DEFERRED COMPENSATION. (2) AS A RESULT OF COMMITMENTS MADE TO AUBREY MILUNSKY WHILE HE SERVED AS A PHYSICIAN, PROFESSOR, AND CHAIR OF HUMAN GENETICS AT BOSTON UNIVERSITY SCHOOL OF MEDICINE, CERTAIN COMPENSATION AND RETIREMENT BENEFITS WERE EARNED AND ACCRUED OVER MORE THAN 32 YEARS OF SERVICE. THE SUM OF $2,261,421 WAS PAID TO DR. MILUNSKY IN CALENDAR YEAR 2014 AND IS REPORTED ON SCHEDULE J, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. (3) AMOUNTS REPORTED IN SCHEDULE J, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION INCLUDE CONTRIBUTIONS MADE BY THE UNIVERSITY IN CALENDAR YEAR 2014 TO A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO PROVIDE FUTURE RETIREMENTS BENEFITS TO PRESIDENT BROWN AND TODD KLIPP.
SCHEDULE J, PART I, LINE 6A A PORTION OF PUSHKAR MEHRA'S COMPENSATION (AS REPORTED IN SCHEDULE J, PART II, COLUMN B(II)) IS BASED ON A PERCENTAGE OF BOSTON UNIVERSITY'S HENRY M. GOLDMAN SCHOOL OF DENTAL MEDICINE ORAL MAXILLOFACIAL SURGERY GROUP REVENUES LESS OPERATING EXPENSES.
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 2014 REPORTABLE COMPENSATION AND OTHER COMPENSATION FROM THE ORGANIZATION AND RELATED ENTITIES WAS GREATER THAN $150,000.
Schedule J (Form 990) 2014

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.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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 DEV FIN AGENCY - SERIES T1
  		04-3431814 57583RBR5 06-29-2005 172,664,008 CAPITAL PROJECT, PROP ACQ   X   X   X
B MASS DEV FIN AGENCY -SERIES U1 U2 U3 U4 U5 U6
  		04-3431814 57583RWD3 05-15-2008 536,365,000 PARTIAL REF/CAP PROJ/PROP ACQ   X   X   X
C MASS DEV FIN AGENCY - SERIES V1 V2 V3
  		04-3431814 57583RQ32 12-01-2009 117,370,000 REFUNDING   X   X   X
D MASS DEV FIN AGENCY - SERIES X (2013)
  		04-3431814 57583UVL9 04-30-2013 120,736,790 CAPITAL PROJECTS   X   X   X
(E) MASS DEV FIN AGENCY-SER Y Z-1 AND Z-2(2014)
  		04-3431814 57583UL89 09-30-2014 108,370,000 REFUNDING   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 0 85,175,000 73,370,000 0
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 184,106,197 539,836,174 117,370,000 120,780,965
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 . . . . . . . . . . . . 1,008,534 863,269 395,000 734,856
8 Credit enhancement from proceeds . . . . . . . . . . . 4,981,946 727,358 0 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 178,115,717 202,745,547 0 120,046,109
11 Other spent proceeds . . . . . . . . . . . . . . 0 335,500,000 116,975,000 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2007 2012 2015
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   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2014
Schedule K (Form 990) 2014
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   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   X  
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   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   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 1.730 % 0.510 %   0 %
6 Total of lines 4 and 5 . . . . . . . . . . . . . 1.730 % 0.510 %   0 %
7 Does the bond issue meet the private security or payment test? . . . . .   X   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   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   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   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? . .   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 "Yes" to 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
  		SEE PART VI
  		0
  		 
 
c Term of hedge . . . . . . . . . . 25.      
d Was the hedge superintegrated? . . . .   X   X   X   X
e Was the hedge terminated? . . . . . .   X   X   X   X
Schedule K (Form 990) 2014
Schedule K (Form 990) 2014
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   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
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. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
SCHEDULE K, PART I, LINE B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) - SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS IN THE AMOUNT $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 C 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 3, COLUMNS A, B, AND D COLUMN A: TOTAL PROCEEDS OF $184,106,197 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $172,664,008 AND INVESTMENT EARNINGS TOTALING $11,442,189. COLUMN B: TOTAL PROCEEDS OF $539,836,174 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $536,365,000 AND INVESTMENT EARNINGS TOTALING $3,471,174. COLUMN D: TOTAL PROCEEDS OF $120,780,965 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $120,736,790 AND INVESTMENT EARNINGS TOTALING $44,175. SCHEDULE K, PART II, LINE 7, COLUMNS A-D COLUMN A: 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 B: 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 C: 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. COLUMN D: COST OF ISSUANCE IN THE AMOUNT OF $734,856 IS COMPRISED OF ISSUANCE COSTS TOTALING $434,529 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $300,327.
SCHEDULE K, PART III, LINES 4 & 5, COLUMNS A,B,C AND D(INCLUDING SERIES Y) THE UNIVERSITY FINANCES CAPITAL PROJECTS WITH BOTH BOND 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 4A & 4B, COLUMN B 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 6, COLUMNS A-B 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 I, LINE (E) MFDA SERIES Y, Z-1, AND Z-2 BONDS WERE ISSUED TO CURRENTLY REFUND MDFA SERIES S BOND IN THE AMOUNT OF $35,000,000 AND MDFA SERIES V-2 AND V-3 BONDS IN THE AMOUNT OF $73,370,000.
Schedule K (Form 990) 2014

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.
SchKMediumBulletInformation about Schedule K (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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 DEV FIN AGENCY - SERIES T1
  		04-3431814 57583RBR5 06-29-2005 172,664,008 CAPITAL PROJECT, PROP ACQ   X   X   X
B MASS DEV FIN AGENCY -SERIES U1 U2 U3 U4 U5 U6
  		04-3431814 57583RWD3 05-15-2008 536,365,000 PARTIAL REF/CAP PROJ/PROP ACQ   X   X   X
C MASS DEV FIN AGENCY - SERIES V1 V2 V3
  		04-3431814 57583RQ32 12-01-2009 117,370,000 REFUNDING   X   X   X
D MASS DEV FIN AGENCY - SERIES X (2013)
  		04-3431814 57583UVL9 04-30-2013 120,736,790 CAPITAL PROJECTS   X   X   X
(E) MASS DEV FIN AGENCY-SER Y Z-1 AND Z-2(2014)
  		04-3431814 57583UL89 09-30-2014 108,370,000 REFUNDING   X   X   X
Part II
Proceeds
A B C D
1 Amount of bonds retired . . . . . . . . . . . . . . 0 85,175,000 73,370,000 0
2 Amount of bonds legally defeased . . . . . . . . . . . 0 0 0 0
3 Total proceeds of issue . . . . . . . . . . . . . . 184,106,197 539,836,174 117,370,000 120,780,965
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 . . . . . . . . . . . . 1,008,534 863,269 395,000 734,856
8 Credit enhancement from proceeds . . . . . . . . . . . 4,981,946 727,358 0 0
9 Working capital expenditures from proceeds . . . . . . . . . 0 0 0 0
10 Capital expenditures from proceeds . . . . . . . . . . . 178,115,717 202,745,547 0 120,046,109
11 Other spent proceeds . . . . . . . . . . . . . . 0 335,500,000 116,975,000 0
12 Other unspent proceeds . . . . . . . . . . . . . . 0 0 0 0
13 Year of substantial completion . . . . . . . . . . . . 2007 2012 2015
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   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? . . . . . . . . . X   X   X   X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2014
Schedule K (Form 990) 2014
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   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   X  
c Are there any research agreements that may result in private business use of bond-financed property? . . . . . . . . . . . . . . . X   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   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 1.730 % 0.510 %   0 %
6 Total of lines 4 and 5 . . . . . . . . . . . . . 1.730 % 0.510 %   0 %
7 Does the bond issue meet the private security or payment test? . . . . .   X   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   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   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   X  
Part IV
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? . .   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 "Yes" to 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
  		SEE PART VI
  		0
  		 
 
c Term of hedge . . . . . . . . . . 25.      
d Was the hedge superintegrated? . . . .   X   X   X   X
e Was the hedge terminated? . . . . . .   X   X   X   X
Schedule K (Form 990) 2014
Schedule K (Form 990) 2014
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   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
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. Provide additional information for responses to questions on Schedule K (see instructions).
Return Reference Explanation
SCHEDULE K, PART I, LINE B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) - SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS IN THE AMOUNT $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 C 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 3, COLUMNS A, B, AND D COLUMN A: TOTAL PROCEEDS OF $184,106,197 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $172,664,008 AND INVESTMENT EARNINGS TOTALING $11,442,189. COLUMN B: TOTAL PROCEEDS OF $539,836,174 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $536,365,000 AND INVESTMENT EARNINGS TOTALING $3,471,174. COLUMN D: TOTAL PROCEEDS OF $120,780,965 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $120,736,790 AND INVESTMENT EARNINGS TOTALING $44,175. SCHEDULE K, PART II, LINE 7, COLUMNS A-D COLUMN A: 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 B: 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 C: 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. COLUMN D: COST OF ISSUANCE IN THE AMOUNT OF $734,856 IS COMPRISED OF ISSUANCE COSTS TOTALING $434,529 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $300,327.
SCHEDULE K, PART III, LINES 4 & 5, COLUMNS A,B,C AND D(INCLUDING SERIES Y) THE UNIVERSITY FINANCES CAPITAL PROJECTS WITH BOTH BOND 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 4A & 4B, COLUMN B 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 6, COLUMNS A-B 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 I, LINE (E) MFDA SERIES Y, Z-1, AND Z-2 BONDS WERE ISSUED TO CURRENTLY REFUND MDFA SERIES S BOND IN THE AMOUNT OF $35,000,000 AND MDFA SERIES V-2 AND V-3 BONDS IN THE AMOUNT OF $73,370,000.
Schedule K (Form 990) 2014

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.
MediumBulletInformation about Schedule L (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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), section 501(c)(4), and 501(c)(29) 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 Benefiting 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) 2014
Schedule L (Form 990 or 990-EZ) 2014
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 164,642 SEE PART V   No
(2) FELD ENTERTAINMENT INC SEE PART V 750,859 SEE PART V Yes  
(3) J LAWFORD ANDERSON SEE PART V 156,755 EMPLOYMENT COMPENSATION   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
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) TRUSTEE KENNETH J. FELD IS THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF FELD ENTERTAINMENT, INC. (D) THE TRANSACTION AMOUNT IN COLUMN (C) REPRESENTS PAYMENTS FOR LIVE SHOW PRODUCTIONS BY FELD ENTERTAINMENT, INC. AT AGGANIS ARENA THAT ARE OPEN TO THE PUBLIC AND FOR WHICH ADMISSION IS CHARGED. SCHEDULE L, PART IV, LINE 3 (B) FAMILY MEMBER OF UNIVERSITY PROVOST JEAN MORRISON.
Schedule L (Form 990 or 990-EZ) 2014

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.
Right pointing arrow large imageInformation about Schedule M (Form 990) and its instructions is at www.irs.gov/form990.
OMB No. 1545-0047
2014
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 .... X 2 26,395 INDEP. APPRAISAL
2 Art—Historical treasures . X 1 28,000 INDEP. APPRAISAL
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		     
6 Cars and other vehicles .. X 396 312,530 NET PROCEEDS
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 236 9,303,747 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 . X 1 313,000 INDEP. APPRAISAL
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles ..... X 1 84,711 INDEP. APPRAISAL
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 14 543,595 EVENT SUPPORT COST
26 Other Right pointing arrow large image ( EQUIP - MED,RESEARCH,EDU ) X 13 3,995,961 INDEP. APPRAISAL
27 Other Right pointing arrow large image ( DONATED AUCTION ITEMS ) X 62 12,111 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
6
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 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) (2014)
Schedule M (Form 990) (2014)
Page 2
Part II
Supplemental Information. 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.
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) (2014)
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 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Information about Schedule O (Form 990 or 990-EZ) and its instructions is at
www.irs.gov/form990.
OMB No. 1545-0047
2014
Open to Public
Inspection
Name of the organization
TRUSTEES OF BOSTON UNIVERSITY
 
Employer identification number

04-2103547
Return Reference Explanation
ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 & PART III, LINE 1 BOSTON UNIVERSITY IS AN INTERNATIONAL, COMPREHENSIVE, PRIVATE RESEARCH UNIVERSITY, COMMITTED TO EDUCATING STUDENTS TO BE REFLECTIVE, RESOURCEFUL INDIVIDUALS READY TO LIVE, ADAPT, AND LEAD IN AN INTERCONNECTED WORLD. BOSTON UNIVERSITY IS COMMITTED TO GENERATING NEW KNOWLEDGE TO BENEFIT SOCIETY. FORM 990, PART III, LINE 4A INSTRUCTION - BOSTON UNIVERSITY TODAY IS ONE OF THE MOST DYNAMIC, FORWARD-LOOKING PRIVATE RESEARCH UNIVERSITIES IN THE WORLD, WITH STUDENTS AND FACULTY WHO ARE IMMERSED IN INNOVATIVE EDUCATIONAL PROGRAMS AT THE FRONTIERS OF SCHOLARSHIP AND RESEARCH AND IN PUBLIC SERVICE, ALL IN A 21ST-CENTURY ATMOSPHERE OF URBAN AND GLOBAL ENGAGEMENT. WITH 17 SCHOOLS AND COLLEGES ON OUR TWO CAMPUSES, WE OFFER OUR STUDENTS MORE THAN 250 PROGRAMS OF STUDY IN THE LIBERAL ARTS, SCIENCE AND ENGINEERING, HEALTH SCIENCE, THE ARTS, AND OTHER PROFESSIONAL DISCIPLINES. OUR STUDENTS COME FROM ALL OVER THE GLOBE AND STUDY AROUND THE WORLD THROUGH STUDY-ABROAD PROGRAMS OFFERING OPPORTUNITIES IN 36 CITIES ON 6 CONTINENTS. 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): SWITZERLAND THAILAND 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 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 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, KPMG, 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 MUST 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 DETERMINES 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 IS TO BE SET FORTH IN A WRITTEN REPORT OF THE AUDIT COMMITTEE SIGNED BY THE CHAIRMAN AND A MAJORITY OF THE COMMITTEE. THE COMPLIANCE COMMITTEE DETERMINES WHETHER A BUSINESS OR FINANCIAL RELATIONSHIP INVOLVING AN EMPLOYEE OR OTHER REPRESENTATIVE SHOULD BE ENTERED INTO OR CONTINUED. THE COMPLIANCE COMMITTEE PROVIDES 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, LINES 15A & 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 SENIOR VICE PRESIDENT, SENIOR 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, THE PRESIDENT OF BOSTON UNIVERSITY, DEVOTES LESS THAN ONE HOUR PER WEEK TO THE MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER, A RELATED ORGANIZATION. MARTIN J. HOWARD, AN OFFICER OF BOSTON UNIVERSITY, DEVOTES LESS THAN ONE HOUR PER WEEK TO EACH OF 660 CORPORATION AND 520 COMMONWEALTH AVENUE REAL ESTATE CORPORATION, BOTH RELATED ORGANIZATIONS. GARY W. NICKSA, A KEY EMPLOYEE OF BOSTON UNIVERSITY, DEVOTES LESS THAN TWO HOURS PER WEEK TO EACH OF BIOSQUARE REALTY TRUST, EAST CONCORD MEDICAL FOUNDATION, INC., AND PLEASANT VENTURES REALTY TRUST, ALL RELATED ORGANIZATIONS. KAREN H. ANTMAN, MD, A KEY EMPLOYEE OF BOSTON UNIVERSITY, DEVOTES THREE HOURS OR LESS PER WEEK TO EACH OF FACULTY PRACTICE FOUNDATION, INC. AND EAST CONCORD MEDICAL FOUNDATION, INC., BOTH RELATED ORGANIZATIONS. WILLIAM CREEVY, MD, ONE OF THE FIVE HIGHEST COMPENSATED EMPLOYEES OF BOSTON UNIVERSITY, DEVOTES 54 HOURS OR LESS PER WEEK TO FACULTY PRACTICE FOUNDATION, INC. TONY TANNOURY, ONE OF THE FIVE HIGHEST COMPENSATED EMPLOYEES OF BOSTON UNIVERSITY, DEVOTES 50 HOURS OR LESS PER WEEK TO FACULTY PRACTICE FOUNDATION, INC. PUSHKAR MEHRA, DMD, ONE OF THE FIVE HIGHEST COMPENSATED EMPLOYEES OF BOSTON UNIVERSITY, DEVOTES 50 HOURS OR LESS PER WEEK TO THE ORAL SURGERY GROUP PRACTICE. STEPHEN M. BRADY WAS COMPENSATED AS A FACULTY MEMBER, NOT AS A TRUSTEE.
Form 990, Part XI, Line 9 Other Changes in Net Assets or Fund Balances Net Actuarial Gains & Losses: -$2,543,000 Gain/Loss Non Investment Assets: $1,080,088 Other Changes: $803,308 Total: -$659,604
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 51056K
Schedule O (Form 990 or 990-EZ) 2014

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" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet Information about Schedule R (Form 990) and its instructions is at www.irs.gov/form990.

OMB No. 1545-0047
2014
Open to Public Inspection
Name of the organization
TRUSTEES OF BOSTON UNIVERSITY
 
Employer identification number

04-2103547
Part I
Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (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) BU FUNDING LLC
108 BAY STATE ROAD
BOSTON,MA02215
87-0773653 		LLC MA   50,542,000 BU TRUSTEES
 
(2) PLEASANT VENTURES REALTY TRUST
125 BAY STREET
BOSTON,MA02215
 REAL ESTATE MA 7,517,807 16,285,605 BU TRUSTEES
 








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


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


 		(e)
Public charity status
(if section 501(c)(3))

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled 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 Suite 511

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

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

Boston,MA02118
04-3335166 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(5) BU Dermatology Support Services I Inc
609 Albany Street

Boston,MA02118
04-3452877 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(6) BU Dermatology Support Services II Inc
609 Albany Street

Boston,MA02118
04-3452874 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(7) Boston University Eye Associates Inc
2005 Bay Street Suite 201

Taunton,MA02780
04-3137333 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(8) Boston University Family Medicine Inc
1 Boston Medical Ctr Dowling 5

Boston,MA02118
04-3354353 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(9) BU General Surgical Associates Inc
88 East Newton Street Ste C500

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

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
725 Albany Street Shapiro 3B

Boston,MA02118
04-3286643 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(13) BU Neurology Associates Inc
72 East Concord Street C3

Boston,MA02118
04-3428462 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(14) BU Neurosurgical Associates Inc
72 East Concord Street C3

Boston,MA02118
04-3296068 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(15) BU Obstetrics & Gynecology Fdn Inc
85 E Concord 6th Floor

Boston,MA02118
04-3067465 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(16) BU Orthopaedic Surgical Associates Inc
720 Harrison Ave Suite 808

Boston,MA02118
04-3354360 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(17) BU Plastic Surgery Associates Inc
720 Harrison Ave DOB 9th Fl

Boston,MA02118
04-3555478 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(18) BU Psychiatry Associates Inc
85 East Newton Street Ste 802

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

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

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

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

Boston,MA02118
51-0172171 		Medicine MA 501(C)(3) 11c III-FI na
 
 
No
(23) Faculty Practice Foundation Inc
660 Harrison Avenue 3rd Floor

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

Boston,MA02215
04-3099628 		Holding Co. MA 501(C)(2) n/a BU TRUSTEES
 
Yes
 
(25) BU MEDICAL CENTER OTOLARYNGOLOGIC FDN
820 HARRISON AVENUE

BOSTON,MA02118
04-3156471 		HEALTHCARE MA 501(C)(3) 11C III-FI NA
 
 
No
(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 501(C)(3) 11C III-FI 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
 
(31) TRANSPORTATION SOL FOR COMMUTERS INC
881 COMMONWEALTH AVENUE 4TH FLOOR

BOSTON,MA02215
04-3144411 		TRANS SVCS MA 501(C)(3) 7 NA
 
 
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2014
Schedule R (Form 990) 2014
Page 2
Part III
Identification of Related Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a partnership during the tax year.
(a)
Name, address, and EIN of
related organization



 		(b)
Primary activity




 		(c)
Legal
domicile
(state or foreign
country)


 		(d)
Direct controlling
entity



 		(e)
Predominant income(related, unrelated, excluded from tax under sections 512-514)

(f)
Share of total income




 		(g)
Share of end-of-year
assets



 		(h)
Disproprtionate allocations?




 		(i)
Code 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
  		  197,974 329,818   No     No 100.000 %












Part IV
Identification of Related Organizations Taxable as a Corporation or Trust Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(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 9,247,328 10,091,875 100.000 % Yes  
(2) CHARITABLE REMAINDER TRUSTS (17)

 
 
SUPPORT MA BU TRUSTEES
  		TRUST          
(3) BOSTON UNIVERSITY (USA) EUROPE LIMITED

1A QUEENSBERRY PLACE
LONDON   SW7 2DL
UK
EDU. SUPPORT UK BU(USA)LONDON
  		CORP 0 2,268,561 100.000 % Yes  
(4) EUSA (UK) LIMITED

1A QUEENSBERRY PLACE
LONDON   SW7 2DL
UK
EDU. SUPPORT UK BU(USA)EUROPE
  		CORP 0 1 100.000 % Yes  
(5) 660 CORPORATION

881 COMMONWEALTH AVENUE
BOSTON,MA02215
04-2787737 		CONVENIENT ST MA 520 CORP
  		CORP. 8,786,232 9,471,060 100.000 % Yes  
(6) AKEAH INC

881 COMMONWEALTH AVENUE
BOSTON,MA02215
04-3003380 		LESSOR OF RE MA 520 CORP
  		CORP. 461,095 576,610 100.000 % Yes  
(7) COSIF

VIRIATO 73 BAJO DERECHA
MADRID   28010
SP
EDU. SUPPORT SP BU(USA)EUROPE
  		CORP. -1,705 1,474 100.000 % Yes  
(8) EUSA SARL

RUE DES PIERRES-DUE-NITON 17-19
GENEVE   1207
SZ
EDU. SUPPORT SZ EUSA LLP
  		CORP. 41,932 0 100.000 % Yes  
Schedule R (Form 990) 2014
Schedule R (Form 990) 2014
Page 3
Part V
Transactions With Related Organizations Complete if the organization answered "Yes" on 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
Yes
 
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
Yes
 
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
 
No
k Lease of facilities, equipment, or other assets from related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . .
1k
Yes
 
l Performance of services or membership or fundraising solicitations for related organization(s) . . . . . . . . . . . . . . . . . . . .
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) . . . . . . . . . . . . . . . . . . . .
1m
Yes
 
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
 
No
p Reimbursement paid to related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1p
 
No
q Reimbursement paid by related organization(s) for expenses . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1q
Yes
 
r Other transfer of cash or property to related organization(s) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
1r
Yes
 
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 related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) 660 Corporation

 A 667,024 ACTUAL PAYMENT
(2) 660 Corporation

 L 100,000 ACTUAL PAYMENT
(3) AKEAH INC

 Q 618,368 ACTUAL PAYMENT
(4) EUSA LLP

 A 201,640 ACTUAL PAYMENT
(5) EUSA LLP

 D 2,709,468 ACTUAL PAYMENT
(6) EUSA LLP

 M 952,356 ACTUAL PAYMENT
Schedule R (Form 990) 2014
Schedule R (Form 990) 2014
Page 4
Part VI
Unrelated Organizations Taxable as a Partnership Complete if the organization answered "Yes" on Form 990, Part IV, line 37.
Provide the following information for each entity taxed as a partnership through which the organization conducted more than five percent of its activities (measured by total assets or gross revenue) that was not a related organization. See instructions regarding exclusion for certain investment partnerships.
(a)
Name, address, and EIN of entity 		(b)
Primary activity 		(c)
Legal domicile
(state or foreign
country) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 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) 2014
Schedule R (Form 990) 2014
Page 5
Part VII
Supplemental Information
Provide additional information for responses to questions on Schedule R (see instructions).
Return Reference Explanation
Schedule R (Form 990) 2014
Additional Data


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