TY 2017 Form 990

(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)	(E) Reportable compensation from related organizations (W-2/1099-MISC)
(1) MARC TESSIER-LAVIGNE...................................................................... PRESIDENT/TRUSTEE	50.0 ................. 0.0	X	X	1,129,288	427,381
(2) FRED W ALVAREZ...................................................................... TRUSTEE, THROUGH 3/31/2018	2.0 ................. 0.0	X		0	0
(3) FELIX J BAKER...................................................................... TRUSTEE, APPOINTED 10/1/2017	2.0 ................. 0.0	X		0	0
(4) MARY T BARRA...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(5) ROBERT M BASS...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(6) MICHELLE R CLAYMAN...................................................................... TRUSTEE, APPOINTED 4/1/2018	2.0 ................. 0.0	X		0	0
(7) BRET E COMOLLI...................................................................... TRUSTEE	2.0 ................. 2.0	X		0	0
(8) ROANN COSTIN...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(9) DIPANJAN DJ DEB...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(10) HENRY A FERNANDEZ...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(11) ANGELA S FILO...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(12) SAKURAKO D FISHER...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(13) BRADLEY A GEIER...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0
(14) JOHN A GUNN...................................................................... TRUSTEE, THROUGH 3/31/2018	2.0 ................. 2.0	X		0	0
(15) JAMES D HALPER...................................................................... TRUSTEE, APPOINTED 4/1/2018	2.0 ................. 0.0	X		0	0
(16) GAIL B HARRIS...................................................................... TRUSTEE, THROUGH 3/31/2018	2.0 ................. 0.0	X		0	0
(17) CHRISTINE U HAZY...................................................................... TRUSTEE	2.0 ................. 0.0	X		0	0

(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)	(E) Reportable compensation from related organizations (W-2/1099-MISC)	(F) Estimated amount of other compensation from the organization and related organizations
(18) RONALD B JOHNSON........................................................................ TRUSTEE	2.0 .......................2.0	X					0	0
(19) LATONIA G KARR........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(20) CAROL C LAM........................................................................ TRUSTEE, APPOINTED 4/1/2018	2.0 .......................0.0	X					0	0
(21) BERNARD LIAUTAUD........................................................................ TRUSTEE, THROUGH 3/31/2018	2.0 .......................0.0	X					0	0
(22) CHRISTY O MACLEAR........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(23) LLOYD M METZ........................................................................ TRUSTEE, THROUGH 3/31/2018	2.0 .......................0.0	X					0	0
(24) KENNETH E OLIVIER........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(25) CARRIE W PENNER........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(26) RUTH M PORAT........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(27) LAURENE POWELL JOBS........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(28) JEFFREY S RAIKES........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(29) MINDY B ROGERS........................................................................ TRUSTEE	2.0 .......................4.0	X					0	0
(30) VICTORIA B ROGERS........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(31) KAVITARK RAM SHRIRAM........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(32) RONALD P SPOGLI........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(33) SRINIJA SRINIVASAN........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(34) JEFFREY E STONE........................................................................ TRUSTEE, APPOINTED 4/1/2018	2.0 .......................0.0	X					0	0
(35) GENE T SYKES........................................................................ TRUSTEE	2.0 .......................0.0	X					0	0
(36) VAUGHN C WILLIAMS........................................................................ TRUSTEE, THROUGH 1/31/2018	2.0 .......................4.0	X					0	0
(37) JERRY YANG........................................................................ TRUSTEE, APPOINTED 10/1/2017	2.0 .......................0.0	X					0	0
(38) DAVID DEMAREST........................................................................ VP PUBLIC AFFAIRS	50.0 .......................0.0		X				443,057	143,258
(39) PERSIS DRELL........................................................................ PROVOST	50.0 .......................0.0		X				774,116	152,889
(40) HARRY ELAM........................................................................ VP ARTS	50.0 .......................0.0		X				605,768	41,411
(41) LISA LAPIN........................................................................ VP COMMUN., THROUGH 7/6/2018	50.0 .......................0.0		X				421,135	78,749
(42) RANDALL LIVINGSTON........................................................................ VP BUS AFFAIRS/CFO	50.0 .......................6.0		X				687,844	281,215
(43) WILLIAM MADIA........................................................................ VP SLAC NAL	38.0 .......................0.0		X				462,185	28,362
(44) ROBERT C REIDY........................................................................ VP LAND, BUILDINGS & REAL EST	50.0 .......................0.0		X				876,430	417,355
(45) MARTIN SHELL........................................................................ VP DEVELOPMENT	50.0 .......................0.0		X				799,732	101,029
(46) HOWARD WOLF........................................................................ PRES. OF STANFORD ALUM. ASSOC.	50.0 .......................0.0		X				513,123	124,142
(47) ELIZABETH ZACHARIAS........................................................................ VP HUMAN RESOURCES	50.0 .......................0.0		X				463,321	117,650
(48) DEBRA ZUMWALT........................................................................ VP GENERAL COUNSEL	50.0 .......................0.0		X				696,366	284,947
(49) ROBERT F WALLACE........................................................................ CHIEF EXECUTIVE OFFICER, SMC	50.0 .......................0.0			X			3,269,384	524,069
(50) LLOYD B MINOR........................................................................ DEAN, SCHOOL OF MEDICINE	50.0 .......................8.0			X			3,643,020	163,818
(51) DAVID SHAW........................................................................ DIRECTOR OF FOOTBALL	50.0 .......................0.0				X		4,131,808	481,899
(52) FRANK HANLEY........................................................................ CHIEF, PED CARDIOTHORACIC	50.0 .......................0.0				X		3,970,708	50,753
(53) YIPING WOO........................................................................ PROF. & CHAIR, CARDIO SURGERY	50.0 .......................0.0				X		2,407,206	89,918
(54) GREG MILANI........................................................................ SR. MANAGING DIRECTOR, SMC	50.0 .......................0.0				X		2,139,671	346,936
(55) GARY K STEINBERG........................................................................ PROFESSOR, NEUROSURGERY & NEUR	50.0 .......................0.0				X		1,859,956	50,855
(56) JOHN ETCHEMENDY........................................................................ PROVOST (FORMER)	50.0 .......................0.0					X	769,038	551,624
(57) JOHN HENNESSY........................................................................ PRESIDENT (FORMER)	50.0 .......................0.0					X	2,332,872	608,463
(58) PHILIP A PIZZO........................................................................ PROF & FORMER DEAN, SCH OF MED	50.0 .......................0.0					X	502,664	34,003
(59) RICHARD SALLER........................................................................ DEAN, SCHOOL OF HUM & SCIENCES	50.0 .......................0.0					X	617,048	44,101

(A) Name and business address	(B) Description of services	(C) Compensation
DEVCON CONSTRUCTION INC, 690 GIBRALTAR DR MILPITAS,CA95035	CONSTRUCTION	182,334,982
THE WHITING-TURNER CONTRACTING CO, PO BOX 17596 BALTIMORE,MD212971596	CONSTRUCTION	121,605,519
VANCE BROWN INC, 3197 PARK BOULEVARD PALO ALTO,CA94306	CONSTRUCTION	115,131,996
HATHAWAY DINWIDDIE CONSTRUCTION CO, 275 BATTERY ST STE 300 SAN FRANCISCO,CA94111	CONSTRUCTION	26,743,444
PALISADE BUILDERS INC, 900 E HAMILTON AVE STE 140 CAMPBELL,CA95008	CONSTRUCTION	25,000,893
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 828

- TIN:

SCHEDULE A
(Form 990 or 990EZ)

Department of the Treasury
Internal Revenue Service

Public Charity Status and Public Support

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

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

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

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 12, check only one box.)

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

A school described in section 170(b)(1)(A)(ii). (Attach Schedule E (Form 990 or 990-EZ).)

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

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

An organization operated for the benefit of a college or university owned or operated by a governmental unit described in section 170(b)(1)(A)(iv). (Complete Part II.)

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

An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi). (Complete Part II.)

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

An agricultural research organization described in 170(b)(1)(A)(ix) operated in conjunction with a land-grant college or university or a non-land grant college of agriculture. See instructions. Enter the name, city, and state of the college or university:

An organization that normally receives: (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions—subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975. See section 509(a)(2). (Complete Part III.)

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

An organization organized and operated exclusively for the benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1) or section 509(a)(2). See section 509(a)(3). Check the box in lines 12a through 12d that describes the type of supporting organization and complete lines 12e, 12f, and 12g.

Type I. A supporting organization operated, supervised, or controlled by its supported organization(s), typically by giving the supported organization(s) the power to regularly appoint or elect a majority of the directors or trustees of the supporting organization. You must complete Part IV, Sections A and B.

Type II. A supporting organization supervised or controlled in connection with its supported organization(s), by having control or management of the supporting organization vested in the same persons that control or manage the supported organization(s). You must complete Part IV, Sections A and C.

Type III functionally integrated. A supporting organization operated in connection with, and functionally integrated with, its supported organization(s) (see instructions). You must complete Part IV, Sections A, D, and E.

Type III non-functionally integrated. A supporting organization operated in connection with its supported organization(s) that is not functionally integrated. The organization generally must satisfy a distribution requirement and an attentiveness requirement (see instructions). You must complete Part IV, Sections A and D, and Part V.

Check this box if the organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, or Type III non-functionally integrated supporting organization.

Enter the number of supported organizations ...............................

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

(i) Name of supported organization	(ii) EIN	(iv) Is the organization listed in your governing document?		(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)
(i) Name of supported organization	(ii) EIN	Yes	No	(v) Amount of monetary support (see instructions)	(vi) Amount of other support (see instructions)


Total

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

Cat. No. 11285F

Schedule A (Form 990 or 990-EZ) 2019

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 failed to qualify under the tests listed below, please complete Part III.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grant.") ..	1,821,722,630	1,969,404,372	2,586,183,439	2,355,413,071	2,244,620,385	10,977,343,897
2	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf....						0
3	The value of services or facilities furnished by a governmental unit to the organization without charge..						0
4	Total. Add lines 1 through 3	1,821,722,630	1,969,404,372	2,586,183,439	2,355,413,071	2,244,620,385	10,977,343,897
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)..						81,622,278
6	Public support. Subtract line 5 from line 4.						10,895,721,619

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
7	Amounts from line 4..	1,821,722,630	1,969,404,372	2,586,183,439	2,355,413,071	2,244,620,385	10,977,343,897
8	Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources...	450,602,864	402,534,773	402,534,773	409,680,538	410,995,420	2,076,348,368
9	Net income from unrelated business activities, whether or not the business is regularly carried on..						0
10	Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..	5,041,646	4,316,942	4,299,963	4,224,132	4,855,444	22,738,127
11	Total support. Add lines 7 through 10						13,076,430,392

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

12,499,209,132

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

Public support percentage for 2019 (line 6, column (f) divided by line 11, column (f)) .........

83.323 %

Public support percentage for 2018 Schedule A, Part II, line 14 ...............

82.420 %

16a

33 1/3% support test—2019. If the organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box
and stop here. The organization qualifies as a publicly supported organization ....................... right arrow

33 1/3% support test—2018. If the organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this
box and stop here. The organization qualifies as a publicly supported organization ..................... right arrow

17a

10%-facts-and-circumstances test—2019. If the organization did not check a box on line 13, 16a, or 16b, and line 14
is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here. Explain
in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly supported
organization ..................................................... right arrow

10%-facts-and-circumstances test—2018. If the organization did not check a box on line 13, 16a, 16b, or 17a, and line
15 is 10% or more, and if the organization meets the "facts-and-circumstances" test, check this box and stop here.
Explain in Part VI how the organization meets the "facts-and-circumstances" test. The organization qualifies as a publicly
supported organization ................................................ right arrow

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

Schedule A (Form 990 or 990-EZ) 2019

Page 3

Part III

Support Schedule for Organizations Described in Section 509(a)(2)
(Complete only if you checked the box on line 10 of Part I or if the organization failed to qualify under Part II. If the organization fails to qualify under the tests listed below, please complete Part II.)

Section A. Public Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(f) Total
1	Gifts, grants, contributions, and membership fees received. (Do not include any "unusual grants.") .
2	Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose
3	Gross receipts from activities that are not an unrelated trade or business under section 513 .....
4	Tax revenues levied for the organization's benefit and either paid to or expended on its behalf...
5	The value of services or facilities furnished by a governmental unit to the organization without charge
6	Total. Add lines 1 through 5
7a	Amounts included on lines 1, 2, and 3 received from disqualified persons
b	Amounts included on lines 2 and 3 received from other than disqualified persons that exceed the greater of $5,000 or 1% of the amount on line 13 for the year.
c	Add lines 7a and 7b..
8	Public support. (Subtract line 7c from line 6.)

Section B. Total Support

Calendar year (or fiscal year beginning in)		(a) 2015	(b) 2016	(c) 2017	(d) 2018	(e) 2019	(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.)..

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

Public support percentage for 2019 (line 8, column (f) divided by line 13, column (f)) .........

Public support percentage from 2018 Schedule A, Part III, line 15 ...............

Section D. Computation of Investment Income Percentage

Investment income percentage for 2019 (line 10c, column (f) divided by line 13, column (f)) ......

Investment income percentage from 2018 Schedule A, Part III, line 17 .............

19a

331/3% support tests—2019. If the organization did not check the box on line 14, and line 15 is more than 33 1/3%, and line 17 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization ....... right arrow

33 1/3% support tests—2018. If the organization did not check a box on line 14 or line 19a, and line 16 is more than 33 1/3% and line 18 is not more than 33 1/3%, check this box and stop here. The organization qualifies as a publicly supported organization .... right arrow

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

Schedule A (Form 990 or 990-EZ) 2019

Page 4

Part IV

Supporting Organizations

(Complete only if you checked a box on line 12 of Part I. If you checked 12a of Part I, complete Sections A and B. If you checked 12b of Part I, complete Sections A and C. If you checked 12c of Part I, complete Sections A, D, and E. If you checked 12d of Part I, complete Sections A and D, and complete Part V.)

Section A. All Supporting Organizations

Yes

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.

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).

Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.

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.

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.

Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.

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.

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.

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).

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?

Substitutions only. Was the substitution the result of an event beyond the organization's control?

Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (i) its supported organizations, (ii) individuals that are part of the charitable class benefited by one or more of its supported organizations, or (iii) 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.

Did the organization provide a grant, loan, compensation, or other similar payment to a substantial contributor (defined in section 4958(c)(3)(C)), a family member of a substantial contributor, or a 35% controlled entity with regard to a substantial contributor? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ) .

Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).

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.

Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.

Did a disqualified person (as defined in line 9a) 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.

10a

Was the organization subject to the excess business holdings rules of section 4943 because of section 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally integrated supporting organizations)? If “Yes,” answer line 10b below.

10a

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

Schedule A (Form 990 or 990-EZ) 2019

Page 5

Part IV

Supporting Organizations (continued)

Yes

Has the organization accepted a gift or contribution from any of the following persons?

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

A family member of a person described in (a) above?

11b

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

Section B. Type I Supporting Organizations

Yes

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.

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.

Section C. Type II Supporting Organizations

Yes

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).

Section D. All Type III Supporting Organizations

Yes

Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (i) a written notice describing the type and amount of support provided during the prior tax year, (ii) a copy of the Form 990 that was most recently filed as of the date of notification, and (iii) copies of the organization’s governing documents in effect on the date of notification, to the extent not previously provided?

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).

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.

Section E. Type III Functionally-Integrated Supporting Organizations

Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):

The organization satisfied the Activities Test. Complete line 2 below.

The organization is the parent of each of its supported organizations. Complete line 3 below.

The organization supported a governmental entity. Describe in Part VI how you supported a government entity (see instructions)

Activities Test. Answer (a) and (b) below.

Yes

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.

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.

Parent of Supported Organizations. Answer (a) and (b) below.

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.

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.

Schedule A (Form 990 or 990-EZ) 2019

Page 6

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations

Check here if the organization satisfied the Integral Part Test as a qualifying trust on Nov. 20, 1970 (explain in Part VI). 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

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) 2019

Page 7

Part V

Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations(continued)

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 2019 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-2019	(iii) Distributable Amount for 2019
1 Distributable amount for 2019 from Section C, line 6
2 Underdistributions, if any, for years prior to 2019 (reasonable cause required-- explain in Part VI). See instructions.
3 Excess distributions carryover, if any, to 2019:
a From 2014.......
b From 2015.......
c From 2016.......
d From 2017.......
e From 2018.......
fTotal of lines 3a through e
g Applied to underdistributions of prior years
h Applied to 2019 distributable amount
i Carryover from 2014 not applied (see instructions)
j Remainder. Subtract lines 3g, 3h, and 3i from 3f.
4Distributions for 2019 from Section D, line 7:
$
a Applied to underdistributions of prior years
b Applied to 2019 distributable amount
c Remainder. Subtract lines 4a and 4b from 4.
5 Remaining underdistributions for years prior to 2019, if any. Subtract lines 3g and 4a from line 2. If the amount is greater than zero, explain in Part VI. See instructions.
6 Remaining underdistributions for 2019. Subtract lines 3h and 4b from line 1. If the amount is greater than zero, explain in Part VI. See instructions.
7 Excess distributions carryover to 2020. Add lines 3j and 4c.
8 Breakdown of line 7:
a Excess from 2015.....
b Excess from 2016.....
c Excess from 2017.....
d Excess from 2018.....
e Excess from 2019.....

Schedule A (Form 990 or 990-EZ) (2019)

Schedule A (Form 990 or 990-EZ) 2019

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) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE C
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Political Campaign and Lobbying Activities

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

SchCMd Bullet

Complete if the organization is described below. SchCMd Bullet

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

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

If the organization answered "Yes" on 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" on 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" on 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

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Part I-A

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

Provide a description of the organization’s direct and indirect political campaign activities in Part IV (see instructions for definition of “political campaign activities")

Political campaign activity expenditures (see instructions) .................................................................... SchCMd Bullet

Volunteer hours for political campaign activities (see instructions) ..................................................................

Part I-B

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

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

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

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

Yes No

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

Yes No

If "Yes," describe in Part IV.

Part I-C

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

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

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

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

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

Yes No

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

(a) Name	(b) Address	(c) EIN	(d) Amount paid from filing organization's funds. If none, enter -0-.	(e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
1
2
3
4
5
6

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

Cat. No. 50084S

Schedule C (Form 990 or 990-EZ) 2019

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 Bullet

if the filing organization belongs to an affiliated group (and list in Part IV each affiliated group member's name, address, EIN, expenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet

if the filing organization checked box A and "limited control" provisions apply.

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

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

4-Year Averaging Period Under Section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.)
Lobbying Expenditures During 4-Year Averaging Period
	Calendar year (or fiscal year beginning in)	(a) 2016	(b) 2017	(c) 2018	(d) 2019	(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) 2019

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 on lines 1a through 1i below, provide in Part IV a detailed description of the lobbying activity.

(a)

Yes|No

(b)

Amount

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

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

Yes

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

Yes

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

Yes

461

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

Yes

94,133

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

Yes

38,985

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

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

Yes

509,422

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

Yes

61,282

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

Yes

14,163

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

718,446

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

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

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

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

Part III-A

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

Yes

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

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

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

Part III-B

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

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

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

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

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

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

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

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

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

Part IV

Supplemental Information

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
PART II-B - LOBBYING ACTIVITY EXPLANATION	AN INSUBSTANTIAL PORTION OF STANFORD UNIVERSITY'S TOTAL ACTIVITIES INVOLVED LEGISLATIVE AND REGULATORY MATTERS OF DIRECT CONCERN TO HIGHER EDUCATION OR OF COMPELLING IMPORTANCE TO STANFORD IN PARTICULAR. INSTITUTIONAL EFFORTS WITH REGARD TO LEGISLATION AND REGULATION ARE DIRECTED BY THE OFFICE OF GOVERNMENT AND COMMUNITY RELATIONS. DURING FISCAL YEAR 2018, THE OFFICE OF GOVERNMENT AND COMMUNITY RELATIONS CONSISTED OF SIX PROFESSIONAL STAFF MEMBERS AND THREE SUPPORT STAFF. THE UNIVERSITY DOES NOT HAVE A LOBBYING OFFICE IN EITHER WASHINGTON, DC OR SACRAMENTO, CA. DURING THIS PERIOD, THE UNIVERSITY HIRED ONE OUTSIDE REGISTERED LOBBYIST IN SACRAMENTO FOR PART-TIME WORK ON STATE ISSUES. ACTIVITIES OF GOVERNMENT AND COMMUNITY RELATIONS STAFF INCLUDE CONTACTS BY LETTERS, PHONE CALLS AND MEETINGS WITH LEGISLATORS, MEMBERS OF THEIR STAFFS, OR OTHER GOVERNMENT OFFICIALS, AND MEETINGS WITH LOCAL CITIZENS REGARDING STANFORD ISSUES WITH LOCAL GOVERNMENT. IN FISCAL YEAR 2018, LEGISLATIVE, EXECUTIVE AND LOCAL REGULATORY ISSUES HANDLED BY THE UNIVERSITY INCLUDED THE FOLLOWING: LOCAL ISSUES: ZONING AND LAND USES RELATED TO PROPERTY OWNED BY THE UNIVERSITY AND CONTIGUOUS TO THE UNIVERSITY'S ACADEMIC CAMPUS. STATE ISSUES: COLLEGE ATHLETICS, CAMPUS SEXUAL ASSAULT, IMMIGRATION, HUMAN RESOURCES, HOUSING ISSUES AND RESEARCH FUNDING. FEDERAL ISSUES: STUDENT AID AND EDUCATION AND RESEARCH POLICY ISSUES; TAXATION; REIMBURSEMENT OF FEDERAL RESEARCH COSTS; FUNDING LEVELS OF RESEARCH (E.G. NIH, DOE, NASA, DOD, NSF, NATIONAL ENDOWMENT FOR THE HUMANITIES); FUNDING FOR THE SLAC NATIONAL ACCELERATOR LABORATORY; HEALTH CARE; RESEARCH POLICY; INTELLECTUAL PROPERTY, AND IMMIGRATION POLICY. THE TOTAL BUDGET EXPENDED BY THE OFFICE OF GOVERNMENT AND COMMUNITY RELATIONS WAS $2,006,974 AND INCLUDES SALARY AND BENEFITS FOR SIX PROFESSIONALS AND THREE SUPPORT STAFF, AS WELL AS OTHER COMPENSATION, SOME FUNDED BY THE OFFICE OF PUBLIC AFFAIRS AND PRESIDENT & PROVOST OFFICE. THE ESTIMATED TOTAL EXPENSES IN LOBBYING, INCLUDING DIRECT PREPARATION TIME BY GOVERNMENT AND COMMUNITY RELATIONS EMPLOYEES, AS DEFINED IN SECTION 501(C) OF THE INTERNAL REVENUE CODE AND ITS REGULATORS, AND PAYMENTS OF TRAVEL OR ENTERTAINMENT EXPENSES FOR FEDERAL OR LOCAL OFFICIALS, ARE ESTIMATED AS FOLLOWS: SALARIES, BENEFITS, OTHER COMPENSATION $413,624 GENERAL OFFICE OVERHEAD $206,807 PAID CONSULTANT, COALITION DUES $72,806 DUES TO MEMBER ORGANIZATIONS $10,086 TRAVEL $15,123 TOTAL $718,446 THE TOTAL AMOUNT SPENT BY STANFORD IN LOBBYING REPRESENTS AN INSIGNIFICANT PART OF THE UNIVERSITY'S TOTAL EXPENDITURES, EVEN MAKING THE MOST GENEROUS ALLOWANCE FOR THE LOBBYING ACTIVITIES OF STANFORD UNIVERSITY EMPLOYEES OUTSIDE THE GOVERNMENT AND COMMUNITY RELATIONS OFFICE WORKING ON BEHALF OF THE UNIVERSITY. AN INVESTMENT PARTNERSHIP IN WHICH THE UNIVERSITY HOLDS A NONCONTROLLING LIMITED PARTNERSHIP INTEREST MAY, FROM TIME TO TIME, INCUR A LOBBYING EXPENDITURE. THE UNIVERSITY'S SHARE OF SUCH PARTNERSHIP EXPENDITURES DURING THE TAX YEAR WAS $11,095. NEITHER STANFORD, NOR ANY TRUSTEE OR OFFICER OF STANFORD, ENGAGED IN THE ACTIVITY CONDUCTED BY THE INVESTMENT PARTNERSHIPS.

Return Reference

Explanation

PART II-B - LOBBYING ACTIVITY EXPLANATION

AN INSUBSTANTIAL PORTION OF STANFORD UNIVERSITY'S TOTAL ACTIVITIES INVOLVED LEGISLATIVE AND REGULATORY MATTERS OF DIRECT CONCERN TO HIGHER EDUCATION OR OF COMPELLING IMPORTANCE TO STANFORD IN PARTICULAR. INSTITUTIONAL EFFORTS WITH REGARD TO LEGISLATION AND REGULATION ARE DIRECTED BY THE OFFICE OF GOVERNMENT AND COMMUNITY RELATIONS. DURING FISCAL YEAR 2018, THE OFFICE OF GOVERNMENT AND COMMUNITY RELATIONS CONSISTED OF SIX PROFESSIONAL STAFF MEMBERS AND THREE SUPPORT STAFF. THE UNIVERSITY DOES NOT HAVE A LOBBYING OFFICE IN EITHER WASHINGTON, DC OR SACRAMENTO, CA. DURING THIS PERIOD, THE UNIVERSITY HIRED ONE OUTSIDE REGISTERED LOBBYIST IN SACRAMENTO FOR PART-TIME WORK ON STATE ISSUES. ACTIVITIES OF GOVERNMENT AND COMMUNITY RELATIONS STAFF INCLUDE CONTACTS BY LETTERS, PHONE CALLS AND MEETINGS WITH LEGISLATORS, MEMBERS OF THEIR STAFFS, OR OTHER GOVERNMENT OFFICIALS, AND MEETINGS WITH LOCAL CITIZENS REGARDING STANFORD ISSUES WITH LOCAL GOVERNMENT. IN FISCAL YEAR 2018, LEGISLATIVE, EXECUTIVE AND LOCAL REGULATORY ISSUES HANDLED BY THE UNIVERSITY INCLUDED THE FOLLOWING: LOCAL ISSUES: ZONING AND LAND USES RELATED TO PROPERTY OWNED BY THE UNIVERSITY AND CONTIGUOUS TO THE UNIVERSITY'S ACADEMIC CAMPUS. STATE ISSUES: COLLEGE ATHLETICS, CAMPUS SEXUAL ASSAULT, IMMIGRATION, HUMAN RESOURCES, HOUSING ISSUES AND RESEARCH FUNDING. FEDERAL ISSUES: STUDENT AID AND EDUCATION AND RESEARCH POLICY ISSUES; TAXATION; REIMBURSEMENT OF FEDERAL RESEARCH COSTS; FUNDING LEVELS OF RESEARCH (E.G. NIH, DOE, NASA, DOD, NSF, NATIONAL ENDOWMENT FOR THE HUMANITIES); FUNDING FOR THE SLAC NATIONAL ACCELERATOR LABORATORY; HEALTH CARE; RESEARCH POLICY; INTELLECTUAL PROPERTY, AND IMMIGRATION POLICY. THE TOTAL BUDGET EXPENDED BY THE OFFICE OF GOVERNMENT AND COMMUNITY RELATIONS WAS $2,006,974 AND INCLUDES SALARY AND BENEFITS FOR SIX PROFESSIONALS AND THREE SUPPORT STAFF, AS WELL AS OTHER COMPENSATION, SOME FUNDED BY THE OFFICE OF PUBLIC AFFAIRS AND PRESIDENT & PROVOST OFFICE. THE ESTIMATED TOTAL EXPENSES IN LOBBYING, INCLUDING DIRECT PREPARATION TIME BY GOVERNMENT AND COMMUNITY RELATIONS EMPLOYEES, AS DEFINED IN SECTION 501(C) OF THE INTERNAL REVENUE CODE AND ITS REGULATORS, AND PAYMENTS OF TRAVEL OR ENTERTAINMENT EXPENSES FOR FEDERAL OR LOCAL OFFICIALS, ARE ESTIMATED AS FOLLOWS: SALARIES, BENEFITS, OTHER COMPENSATION $413,624 GENERAL OFFICE OVERHEAD $206,807 PAID CONSULTANT, COALITION DUES $72,806 DUES TO MEMBER ORGANIZATIONS $10,086 TRAVEL $15,123 TOTAL $718,446 THE TOTAL AMOUNT SPENT BY STANFORD IN LOBBYING REPRESENTS AN INSIGNIFICANT PART OF THE UNIVERSITY'S TOTAL EXPENDITURES, EVEN MAKING THE MOST GENEROUS ALLOWANCE FOR THE LOBBYING ACTIVITIES OF STANFORD UNIVERSITY EMPLOYEES OUTSIDE THE GOVERNMENT AND COMMUNITY RELATIONS OFFICE WORKING ON BEHALF OF THE UNIVERSITY. AN INVESTMENT PARTNERSHIP IN WHICH THE UNIVERSITY HOLDS A NONCONTROLLING LIMITED PARTNERSHIP INTEREST MAY, FROM TIME TO TIME, INCUR A LOBBYING EXPENDITURE. THE UNIVERSITY'S SHARE OF SUCH PARTNERSHIP EXPENDITURES DURING THE TAX YEAR WAS $11,095. NEITHER STANFORD, NOR ANY TRUSTEE OR OFFICER OF STANFORD, ENGAGED IN THE ACTIVITY CONDUCTED BY THE INVESTMENT PARTNERSHIPS.

Schedule C (Form 990 or 990EZ) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE D
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Financial Statements

Complete if the organization answered "Yes," on Form 990,
Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b.
SchDMd Bullet

Attach to Form 990.
SchDMd Bullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Part I

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

		(a) Donor advised funds	(b) Funds and other accounts
1	Total number at end of year .........	61	53
2	Aggregate value of contributions to (during year)	21,465,451	8,596,960
3	Aggregate value of grants from (during year)	91,869,639	15,050,494
4	Aggregate value at end of year ........	505,160,572	65,453,296

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

Yes No

Did the organization inform all grantees, donors, and donor advisors in writing that grant funds 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? ...................................

Yes No

Part II

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

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

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

Protection of natural habitat Preservation of a certified historic structure

Preservation of open space

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.


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 7/25/06, and not on a historic structure listed in the National Register ...	2d

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

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

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

Yes No

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

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

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

Yes No

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" on Form 990, Part IV, line 8.

If the organization elected, as permitted under FASB 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.

If the organization elected, as permitted under FASB 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 on Form 990, Part VIII, line 1 ......................... SchDMd Bullet

(ii)

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

If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:

Revenue included on Form 990, Part VIII, line 1 .......................... SchDMd Bullet

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) 2019

Page 2

Part III

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

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):

Public exhibition

Loan or exchange programs

Scholarly research

Other

Preservation for future generations

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

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

Yes No

Part IV

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

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

Yes No


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

Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...

Yes No

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" on Form 990, Part IV, line 10.

		(a) Current year	(b) Prior year	(c) Two years back	(d) Three years back	(e) Four years back

1a	Beginning of year balance ....	24,784,943,000	22,398,130,000	22,222,957,000	21,446,006,000	18,688,868,000
b	Contributions ...	532,081,000	694,190,000	376,827,000	283,602,000	659,618,000
c	Net investment earnings, gains, and losses	2,387,634,000	2,859,022,000	930,451,000	1,551,374,000	3,082,735,000
d	Grants or scholarships ...	281,036,268	268,228,571	257,975,598	237,370,999	222,843,748
e	Other expenditures for facilities and programs ...	958,709,732	898,170,429	874,129,402	820,654,001	762,371,252
f	Administrative expenses ....
g	End of year balance ......	26,464,912,000	24,784,943,000	22,398,130,000	22,222,957,000	21,446,006,000

Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:

Board designated or quasi-endowment SchDMd Bullet

46.670 %

Permanent endowment SchDMd Bullet

25.610 %

Term endowment SchDMd Bullet

27.720 %

The percentages on lines 2a, 2b, and 2c should equal 100%.

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

Yes

(i) Unrelated organizations .................

3a(i)

(ii) Related organizations .................

3a(ii)

Yes

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

Yes

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" on 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 .....	131,523,469		131,523,469
b	Buildings ....	7,088,035,386	2,974,563,903	4,113,471,483
c	Leasehold improvements
d	Equipment ....	1,872,370,418	1,551,508,131	320,862,287
e	Other .....	2,249,996,404	308,316,904	1,941,679,500
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..				6,507,536,739

Schedule D (Form 990) 2019

Page 3

Part VII

InvestmentsOther Securities.
Complete if the organization answered "Yes" on 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) CASH & CASH EQUIVALENTS	1,040,834,693	F
(B) COLLATERAL FOR SECURITIES LOAN	77,136,922	F
(C) DERIVATIVES	-553,500	F
(D) FIXED INCOME	2,419,741,272	F
(E) REAL ESTATE	7,367,785,954	F
(F) NATURAL RESOURCES	2,525,966,552	F
(G) PRIVATE EQUITIES	8,430,025,341	F
(H) ABSOLUTE RETURNS	5,673,513,443	F
(I) ASSETS HELD BY OTHER TRUSTEES	123,993,497	F
(J) OTHER INVESTMENTS	648,306,880	F
(K) ASSETS LIMITED TO USE	165,429,306	F
(L) HOSPITAL FUNDS IN MERGED POOL	-2,125,004,395	F
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)	26,347,175,965

Part VIII

InvestmentsProgram Related. Complete if the organization answered 'Yes' on 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

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 13.)

Part IX

Other Assets.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11d. See Form 990, Part X, line 15.

(a) Description				(b) Book value

(2)
(3)
(4)
(5)
(6)
(7)
(8)
(9)
(10)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 15.)...........

Part X

Other Liabilities.
Complete if the organization answered 'Yes' on Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25.

1.(a) Description of liability	(b) Book value
(1) Federal income taxes	0
(5)
(6)
(7)
(8)
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)	738,702,044
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) 2019

Page 4

Part XI Reconciliation of Revenue per Audited Financial Statements With Revenue per Return. Complete if the organization answered 'Yes' on 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' on 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 I, COLUMN (B)	COLUMN (B) REPRESENTS FUNDS CREATED TO MAKE GRANTS ONLY WITHIN THE UNIVERSITY. SCHEDULE D, PART I, LINE 2 INCLUDED IN AGGREGATE CONTRIBUTIONS TO FUNDS ARE NEW GIFTS AS WELL AS TRANSFERS FROM OTHER ACCOUNTS WITHIN THE UNIVERSITY. SCHEDULE D, PART III, LINE 1A WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS AND ARTIFACTS, WHICH ARE PRESERVED AND PROTECTED FOR EDUCATIONAL, RESEARCH AND PUBLIC EXHIBITION PURPOSES, ARE NOT CAPITALIZED. DONATIONS OF SUCH COLLECTIONS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENSES IN THE PERIOD IN WHICH THEY ARE ACQUIRED. PROCEEDS FROM SALES OF SUCH ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS.
SCHEDULE D, PART III, LINE 4	THE CANTOR ARTS CENTER AT STANFORD UNIVERSITY IS A MUSEUM COMMITTED TO INTELLECTUAL EXPLORATION AND THE PURSUIT OF KNOWLEDGE, FOSTERING A SENSE OF DISCOVERY THROUGH DIRECT EXPERIENCES WITH WORKS OF ART. THE CENTER COLLECTS, PRESERVES, AND STUDIES ART FROM ALL CULTURES AND PERIODS, SERVING THE UNIVERSITY AND THE PUBLIC THROUGH EXHIBITIONS AND PROGRAMS THAT INSPIRE THE UNDERSTANDING AND ENJOYMENT OF ART. THE ANDERSON COLLECTION IS AN OUTSTANDING ASSEMBLAGE OF MODERN AND CONTEMPORARY AMERICAN ART. THE COLLECTION IS ANCHORED IN THE WORK OF THE NEW YORK SCHOOL AND KEY MODERN AND CONTEMPORARY ARTISTS COLLECTED IN DEPTH, ACROSS MEDIA. MAJOR MOVEMENTS REPRESENTED INCLUDE ABSTRACT EXPRESSIONISM, COLOR FIELD PAINTING, POST-MINIMALISM, CALIFORNIA FUNK ART, BAY AREA FIGURATIVE ART, LIGHT AND SPACE, AND CONTEMPORARY PAINTING AND SCULPTURE. THE 121-WORK COLLECTION FEATURES 86 ARTISTS, INCLUDING JACKSON POLLACK, HELEN FRANKENTHALER AND RICHARD DIEBENKORN. ADMISSION TO THE MUSEUM IS FREE. THE COLLECTION, BUILT OVER 50 YEARS, WAS DONATED TO STANFORD BY HARRY W. AND MARY MARGARET ANDERSON AND MARY PATRICIA ANDERSON PENCE. SCHEDULE D, PART V, LINES 1B & 1E "CONTRIBUTIONS" (LINE 1B) INCLUDE CERTAIN INVESTMENT INCOME, CURRENT YEAR GIFTS TO ENDOWMENT, MATURED LIVING TRUSTS DIRECTED TO ENDOWMENT, AND CERTAIN OTHER FUNDS TRANSFERRED INTO THE ENDOWMENT. INCLUDED IN "OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS" (LINE 1E) ARE FUNDS DISTRIBUTED ANNUALLY FROM ENDOWMENT PRINCIPAL TO SUPPORT FACULTY, INSTRUCTIONAL SUPPORT AND UNIVERSITY INFRASTUCTURE PRIMARILY BASED ON DONOR RESTRICTIONS. PLEASE SEE FURTHER DISCUSSION BELOW IN "INTENDED USES OF THE ENDOWMENT FUNDS". SCHEDULE D, PART V, LINE 2 BOARD DESIGNATED OR QUASI ENDOWMENT FUNDS ARE UNIVERSITY RESOURCES DESIGNATED BY THE BOARD AS ENDOWMENT AND ARE INVESTED FOR LONG-TERM APPRECIATION AND CURRENT INCOME. THESE ASSETS, HOWEVER, REMAIN AVAILABLE AND MAY BE SPENT AT THE BOARD'S DISCRETION. THE UNIVERSITY CLASSIFIES AS PERMANENT ENDOWMENT A) THE ORIGINAL VALUE OF GIFTS DONATED TO THE PERMANENT ENDOWMENT AND B) ACCUMULATIONS TO THE PERMANENT ENDOWMENT MADE IN ACCORDANCE WITH THE DIRECTION OF THE APPLICABLE DONOR GIFT INSTRUMENT AT THE TIME THE ACCUMULATION IS ADDED TO THE FUND. THE REMAINING PORTION OF THE DONOR-RESTRICTED ENDOWMENT FUND THAT IS NOT CLASSIFIED IN PERMANENT ENDOWMENT IS CLASSIFIED AS TEMPORARILY RESTRICTED ENDOWMENT UNTIL THOSE AMOUNTS ARE AUTHORIZED FOR EXPENDITURE. IN THE ABSENCE OF DONOR STIPULATIONS OR LAW TO THE CONTRARY, NET UNREALIZED LOSSES ON PERMANENTLY RESTRICTED ENDOWMENT FUNDS FIRST REDUCE RELATED APPRECIATION ON TEMPORARILY RESTRICTED NET ASSETS AND THEN ON UNRESTRICTED NET ASSETS, AS NEEDED, UNTIL SUCH TIME AS THE FAIR VALUE OF THE FUND EQUALS OR EXCEEDS HISTORIC VALUE. SCHEDULE D, PART V, LINE 3A(II) AND LINE 3B INCLUDED IN THE ENDOWMENT BALANCE ON LINE 1G ARE THE ASSETS OF SHR HOLDINGS, INC., A RELATED ORGANIZATION.
SCHEDULE D, PART V, LINE 4	INTENDED USES OF THE ENDOWMENT FUNDS IN 1885, LELAND AND JANE LATHROP STANFORD SAID OF THEIR FOUNDING GRANT "IT SHALL CONSTITUTE THE FOUNDATION AND ENDOWMENT FOR THE UNIVERSITY HEREIN PROVIDED, AND UPON THE TRUST THAT THE PRINCIPAL THEREOF SHALL FOREVER REMAIN INTACT, AND THAT THE RENTS, ISSUES, AND PROFITS THEREOF SHALL BE DEVOTED TO THE FOUNDATION AND MAINTENANCE OF THE UNIVERSITY HEREBY FOUNDED AND ENDOWED, AND THE USES AND PURPOSES HEREIN MENTIONED." TODAY, STANFORD'S ENDOWMENT CONSISTS OF THOUSANDS OF INDIVIDUAL FUNDS, MANY OF WHICH ARE RESTRICTED TO PARTICULAR USES (E.G., SCHOLARSHIP FUNDS FOR UNDERGRADUATES, FELLOWSHIP FUNDS TO SUPPORT GRADUATE STUDENTS, RESEARCH FUNDS DIRECTED TO MANY DIFFERENT AREAS, PROGRAM SUPPORT FUNDS, FUNDS TO SUPPORT PROFESSORS, FUNDS TO SUPPORT LECTURES, FUNDS TO PROVIDE BUILDING AND GROUND MAINTENANCE, FUNDS TO SUPPORT THE UNIVERSITY'S MUSEUM, FUNDS TO SUPPORT THE ACQUISITION OF LIBRARY MATERIALS). THE FUNDS ARE INVESTED IN PERPETUITY FOR LONG TERM GROWTH AND THE PAYOUT IS USED FOR THE PURPOSE SET FORTH IN THE GIFT DOCUMENT. SOME ENDOWMENT FUNDS DO NOT HAVE PURPOSE RESTRICTIONS AND THE PAYOUT FROM THESE FUNDS IS USED TO SUPPORT THE GENERAL OPERATIONS AND INFRASTRUCTURE OF THE UNIVERSITY AS WELL AS MANY OTHER PARTS OF THE UNIVERSITY. ENDOWMENT PAYOUT IS A RELIABLE SOURCE OF CONTINUING SUPPORT AND IS CRITICAL TO THE FUNDING OF THE MANY LONG TERM COMMITMENTS THAT THE UNIVERSITY MUST MAKE. THE ENDOWMENT MAKES STANFORD LESS DEPENDENT ON OTHER MORE VARIABLE SOURCES OF INCOME. THE ENDOWMENT PAYOUT COVERS APPROXIMATELY 22% OF STANFORD'S TOTAL EXPENSES. STANFORD IS CURRENTLY DIRECTING CONSIDERABLE RESEARCH AND EDUCATION EFFORTS TOWARD ADDRESSING THE CHALLENGES CRITICAL TO THE WORLD. IN PARTICULAR, IT IS SEEKING SOLUTIONS TO SOME OF THE MOST CHALLENGING PROBLEMS IN HUMAN HEALTH, INTERNATIONAL PEACE AND SECURITY AND THE ENVIRONMENT AND SUSTAINABILITY. ONE OF THE UNIVERSITY'S HIGHEST PRIORITIES IS TO REMAIN AFFORDABLE AND ACCESSIBLE TO THE MOST TALENTED STUDENTS, REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES. THE UNIVERSITY'S ADMISSION PROCESS FOR UNDERGRADUATE STUDENTS FROM THE UNITED STATES IS NEED-BLIND, WHICH MEANS THAT STUDENTS ARE ADMITTED IRRESPECTIVE OF THEIR ABILITY TO PAY; THE UNIVERSITY PROVIDES THE FINANCIAL AID NECESSARY TO MAKE STANFORD AFFORDABLE TO EVERY ADMITTED STUDENT. FOR INTERNATIONAL STUDENTS, THE UNIVERSITY IS NEED-AWARE: STANFORD ANALYZES THE NEED FOR AID AND AIMS TO MEET THE DETERMINED NEED. SINCE 2000, THE UNIVERSITY HAS CONTINUED TO ENHANCE ITS FINANCIAL AID PROGRAMS FOR BOTH ITS UNDERGRADUATE AND GRADUATE STUDENTS. CURRENTLY, FAMILIES OF UNDERGRADUATE STUDENTS FROM THE U.S. WITH INCOMES BELOW $125,000 AND ASSETS TYPICAL OF THAT INCOME LEVEL RECEIVE AT LEAST ENOUGH SCHOLARSHIP TO COVER THE COST OF TUITION. THOSE WITH INCOMES BELOW $65,000 AND TYPICAL ASSETS RECEIVE ENOUGH SCHOLARSHIP ASSISTANCE TO COVER TUITION, ROOM AND BOARD, AND OTHER EXPENSES. IN FY18, APPROXIMATELY 47% OF UNDERGRADUATES WERE AWARDED NEED-BASED FINANCIAL AID FROM STANFORD. GRADUATE STUDENT FINANCIAL AID AND OTHER SUPPORT IS AWARDED BASED ON ACADEMIC MERIT AND THE AVAILABILITY OF AID. IN THE FACE OF DIMINISHING FEDERAL SUPPORT, STANFORD HAS ASSUMED MORE OF THE FINANCIAL WEIGHT OF SUPPORTING ITS GRADUATE STUDENTS. IN FY18, APPROXIMATELY 79% OF GRADUATE STUDENTS RECEIVED FINANCIAL SUPPORT. FOR THE YEAR ENDED AUGUST 31, 2018, ENDOWMENT PAYOUT SUPPORT INCLUDED THE FOLLOWING BROAD FUNCTIONS OF THE UNIVERSITY: INSTRUCTION AND RESEARCH $347,038,859 STUDENT FINANCIAL AID $281,036,268 LIBRARIES $21,155,289
SCHEDULE D, PART X, LINE 2	ASC 740 LIABILITY - IN ACCORDANCE WITH THE GUIDANCE ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES, MANAGEMENT REGULARLY EVALUATES ITS TAX POSITIONS AND DOES NOT BELIEVE THE UNIVERSITY HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE OR ADJUSTMENT TO THE FINANCIAL STATEMENTS.

Schedule D (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE E(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Schools

Complete if the organization answered "Yes" on 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

Go to www.irs.gov/Form990EZ for the latest information.

OMB No. 1545-0047 2019Open to Public Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Part I

YES

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

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

Yes

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

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

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

Yes

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

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

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

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

Does the organization maintain the following?

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

Yes

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

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

Yes

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

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

Yes

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

Yes

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

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

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

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

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

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

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

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

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

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

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

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

Yes

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

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

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

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

Yes

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

Cat. No. 50085D

Schedule E (Form 990 or 990-EZ) (2019)

Schedule E (Form 990 or 990EZ) (2019)

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, LINE 3	STANFORD MEETS THE CRITERIA OF SECTION 4.03.2(B) OF REV. PROC. 75-50 THROUGH ADMISSION AND FINANCIAL AID OFFICES OUTREACH PROGRAMS WHICH PUBLICIZE STANFORD UNIVERSITY'S ACADEMIC OPPORTUNITIES AT SECONDARY AND POST-SECONDARY SCHOOLS THROUGHOUT THE UNITED STATES.
SCHEDULE E, LINE 6A	STANFORD UNIVERSITY RECEIVED RESEARCH AND INSTRUCTIONAL GRANTS AND CONTRACTS, FELLOWSHIP AND STUDENT AID AWARDS, LIBRARY GRANTS, AND CONSTRUCTION AND CONTRACTS FROM VARIOUS FEDERAL AGENCIES.

Schedule E (Form 990 or 990-EZ) (2019)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE F(Form 990)

Department of the Treasury
Internal Revenue Service

Statement of Activities Outside the United States

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

Attach to Form 990. Right pointing arrow large image

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Part I

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

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? . . . . . . . . . . . . . . . . . . . . . . . . .

Yes

For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.

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 the region	(d) Activities conducted in region (by type) (such as, 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 the region	(f) Total expenditures for and investments in the region
	Sub-Saharan Africa			PROGRAM SERVICES	TRAVEL STUDY	7,211
	EAST ASIA AND THE PACIFIC			PROGRAM SERVICES	TRAVEL STUDY	65,749
	EUROPE			PROGRAM SERVICES	TRAVEL STUDY	11,764
	MIDDLE EAST AND NORTH AFRICA			PROGRAM SERVICES	TRAVEL STUDY	30,190
	NORTH AMERICA			PROGRAM SERVICES	TRAVEL STUDY	1,050
	SOUTH AMERICA			PROGRAM SERVICES	TRAVEL STUDY	3,125
	SOUTH ASIA			PROGRAM SERVICES	TRAVEL STUDY	122,748
	SUB-SAHARAN AFRICA			PROGRAM SERVICES	TRAVEL STUDY	30,805
	CENTRAL AMERICA AND THE CARIBBEAN			PROGRAM SERVICES	STUDY TOURS	523,216
	EAST ASIA AND THE PACIFIC			PROGRAM SERVICES	STUDY TOURS	3,713,710
	EUROPE			PROGRAM SERVICES	STUDY TOURS	7,016,983
	MIDDLE EAST AND NORTH AFRICA			PROGRAM SERVICES	STUDY TOURS	849,019
	NORTH AMERICA			PROGRAM SERVICES	STUDY TOURS	590,200
	RUSSIA AND NEIGHBORING STATES			PROGRAM SERVICES	STUDY TOURS	149,130
	SOUTH AMERICA			PROGRAM SERVICES	STUDY TOURS	1,261,451
	SOUTH ASIA			PROGRAM SERVICES	STUDY TOURS	111,229
	SUB-SAHARAN AFRICA			PROGRAM SERVICES	STUDY TOURS	915,583
	EAST ASIA AND THE PACIFIC	1	13	PROGRAM SERVICES	STUDY ABROAD	785,248
	EUROPE	5	198	PROGRAM SERVICES	STUDY ABROAD	8,110,259
	NORTH AMERICA			PROGRAM SERVICES	STUDY ABROAD	5,540
	RUSSIA AND NEIGHBORING STATES			PROGRAM SERVICES	STUDY ABROAD	61,823
	SOUTH AMERICA	1	15	PROGRAM SERVICES	STUDY ABROAD	1,106,782
	SOUTH ASIA			PROGRAM SERVICES	STUDY ABROAD	53,031
	SUB-SAHARAN AFRICA	1	22	PROGRAM SERVICES	STUDY ABROAD	263,498
	ANTARCTICA			PROGRAM SERVICES	RESEARCH	2,014
	CENTRAL AMERICA AND THE CARIBBEAN			PROGRAM SERVICES	RESEARCH	95,030
	EAST ASIA AND THE PACIFIC		52	PROGRAM SERVICES	RESEARCH	4,302,091
	EUROPE	1	136	PROGRAM SERVICES	RESEARCH	8,188,197
	MIDDLE EAST AND NORTH AFRICA		4	PROGRAM SERVICES	RESEARCH	835,607
	NORTH AMERICA		23	PROGRAM SERVICES	RESEARCH	1,292,001
	RUSSIA AND NEIGHBORING STATES		2	PROGRAM SERVICES	RESEARCH	106,655
	SOUTH AMERICA		15	PROGRAM SERVICES	RESEARCH	532,573
	SOUTH ASIA		36	PROGRAM SERVICES	RESEARCH	896,404
	SUB-SAHARAN AFRICA		15	PROGRAM SERVICES	RESEARCH	760,062
	ANTARCTICA			PROGRAM SERVICES	FOREIGN TRAVEL	2,075
	CENTRAL AMERICA AND THE CARIBBEAN			PROGRAM SERVICES	FOREIGN TRAVEL	34,533
	EAST ASIA AND THE PACIFIC		6	PROGRAM SERVICES	FOREIGN TRAVEL	2,136,053
	EUROPE		9	PROGRAM SERVICES	FOREIGN TRAVEL	4,545,026
	MIDDLE EAST AND NORTH AFRICA		1	PROGRAM SERVICES	FOREIGN TRAVEL	146,229
	NORTH AMERICA		3	PROGRAM SERVICES	FOREIGN TRAVEL	591,724
	RUSSIA AND NEIGHBORING STATES		2	PROGRAM SERVICES	FOREIGN TRAVEL	48,105
	SOUTH AMERICA		1	PROGRAM SERVICES	FOREIGN TRAVEL	327,650
	SOUTH ASIA		1	PROGRAM SERVICES	FOREIGN TRAVEL	323,579
	SUB-SAHARAN AFRICA			PROGRAM SERVICES	FOREIGN TRAVEL	263,610
	EAST ASIA AND THE PACIFIC	1		PROGRAM SERVICES	FOREIGN CENTER	1,699,053
	ANTARCTICA			PROGRAM SERVICES	EDUCATION	251
	CENTRAL AMERICA AND THE CARIBBEAN			PROGRAM SERVICES	EDUCATION	46,388
	EAST ASIA AND THE PACIFIC		19	PROGRAM SERVICES	EDUCATION	2,501,685
	EUROPE		15	PROGRAM SERVICES	EDUCATION	2,003,919
	MIDDLE EAST AND NORTH AFRICA		1	PROGRAM SERVICES	EDUCATION	549,498
	NORTH AMERICA		6	PROGRAM SERVICES	EDUCATION	514,523
	RUSSIA AND NEIGHBORING STATES			PROGRAM SERVICES	EDUCATION	50,901
	SOUTH AMERICA		1	PROGRAM SERVICES	EDUCATION	488,492
	SOUTH ASIA	1	1	PROGRAM SERVICES	EDUCATION	898,452
	SUB-SAHARAN AFRICA	2	20	PROGRAM SERVICES	EDUCATION	5,448,621
	CENTRAL AMERICA AND THE CARIBBEAN			PROGRAM SERVICES	CONFERENCES AND SEMINA	19,725
	EAST ASIA AND THE PACIFIC		7	PROGRAM SERVICES	CONFERENCES AND SEMINA	1,246,730
	EUROPE		29	PROGRAM SERVICES	CONFERENCES AND SEMINA	3,576,027
	MIDDLE EAST AND NORTH AFRICA		1	PROGRAM SERVICES	CONFERENCES AND SEMINA	177,648
	NORTH AMERICA		6	PROGRAM SERVICES	CONFERENCES AND SEMINA	1,284,775
	RUSSIA AND NEIGHBORING STATES			PROGRAM SERVICES	CONFERENCES AND SEMINA	44,815
	SOUTH AMERICA		1	PROGRAM SERVICES	CONFERENCES AND SEMINA	133,839
	SOUTH ASIA		2	PROGRAM SERVICES	CONFERENCES AND SEMINA	225,154
	SUB-SAHARAN AFRICA		3	PROGRAM SERVICES	CONFERENCES AND SEMINA	502,627
	CENTRAL AMERICA AND THE CARIBBEAN			INVESTMENTS		10,668,929,529
	EAST ASIA AND THE PACIFIC			INVESTMENTS		725,385,258
	EUROPE			INVESTMENTS		811,998,869
	NORTH AMERICA			INVESTMENTS		517,309,044
	SOUTH AMERICA			INVESTMENTS		118,265,257
	SUB-SAHARAN AFRICA			INVESTMENTS		357,848,288
	CENTRAL AMERICA AND THE CARIBBEAN			INVESTMENTS FEES		36,931,931
	SOUTH AMERICA			INVESTMENTS FEES		4,372,405
	SUB-SAHARAN AFRICA			INVESTMENTS FEES		2,428,604
	EAST ASIA AND THE PACIFIC			INV. OPERATING SUBS		160,684
	SOUTH ASIA			INV. OPERATING SUBS		468,677
	EAST ASIA AND THE PACIFIC			GRANTMAKING		91,000
	EUROPE			GRANTMAKING		164,983
	EAST ASIA AND THE PACIFIC			GRANTMAKING		157,669
	EUROPE			GRANTMAKING		3,400,123
	NORTH AMERICA			GRANTMAKING		533,061
	SOUTH AMERICA			GRANTMAKING		498,977
	SOUTH ASIA			GRANTMAKING		924,157
	SUB-SAHARAN AFRICA			GRANTMAKING		921,797
	EAST ASIA AND THE PACIFIC			FUNDRAISING		203,187
	EUROPE		2	FUNDRAISING		272,092
	NORTH AMERICA			FUNDRAISING		2,217
	SOUTH AMERICA			FUNDRAISING		15,825
	SOUTH ASIA			FUNDRAISING		17,976
3a	Sub-total ....					15,403,163
b	Total from continuation sheets to Part I ...	13	668			13,308,530,132
c	Totals (add lines 3a and 3b)	13	668			13,323,933,295

For Paperwork Reduction Act Notice, see the Instructions for Form 990.Cat. No. 50082W Schedule F (Form 990) 2019

Schedule F (Form 990) 2019

Page 2

Part II

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

(c) Region	(d) Purpose of grant	(e) Amount of cash grant	(f) Manner of cash disbursement
East Asia and the Pacific	RESEARCH SUB - AWARDS	48,493	CHECK/WIRE
East Asia and the Pacific	RESEARCH SUB - AWARDS	40,000	CHECK/WIRE
East Asia and the Pacific	RESEARCH SUB - AWARDS	27,500	CHECK/WIRE
East Asia and the Pacific	RESEARCH SUB - AWARDS	17,446	CHECK/WIRE
East Asia and the Pacific	RESEARCH SUB - AWARDS	21,521	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	40,192	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	289,398	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	144,091	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	30,085	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	123,364	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	343,534	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	127,273	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	146,445	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	239,466	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	48,184	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	77,551	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	59,763	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	17,380	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	62,481	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	29,931	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	429,791	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	260,872	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	152,712	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	67,214	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	31,439	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	19,890	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	54,016	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	21,350	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	340,164	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	14,713	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	134,688	CHECK/WIRE
Europe (Including Iceland and Greenland)	RESEARCH SUB - AWARDS	94,139	CHECK/WIRE
North America	RESEARCH SUB - AWARDS	123,661	CHECK/WIRE
North America	RESEARCH SUB - AWARDS	5,360	CHECK/WIRE
North America	RESEARCH SUB - AWARDS	306,405	CHECK/WIRE
North America	RESEARCH SUB - AWARDS	97,634	CHECK/WIRE
South America	RESEARCH SUB - AWARDS	421,936	CHECK/WIRE
South America	RESEARCH SUB - AWARDS	77,040	CHECK/WIRE
South Asia	RESEARCH SUB - AWARDS	459,787	CHECK/WIRE
South Asia	RESEARCH SUB - AWARDS	44,550	CHECK/WIRE
South Asia	RESEARCH SUB - AWARDS	31,571	CHECK/WIRE
South Asia	RESEARCH SUB - AWARDS	332,934	CHECK/WIRE
South Asia	RESEARCH SUB - AWARDS	55,315	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	22,000	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	55,782	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	25,000	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	63,552	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	122,497	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	33,005	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	119,509	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	294,017	CHECK/WIRE
Sub-Saharan Africa	RESEARCH SUB - AWARDS	186,435	CHECK/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 .......	52
3	Enter total number of other organizations or entities .......................	0

Schedule F (Form 990) 2019

Schedule F (Form 990) 2019Page 3

Part III

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

Part III can be duplicated if additional space is needed.

	(b) Region	(c) Number of recipients	(d) Amount of cash grant	(e) Manner of cash disbursement
STIPENDS	Europe (Including Iceland and Greenland)	31	164,983	CHECK/EFT
SCHOLARSHIPS	East Asia and the Pacific	9	91,000	CHECK/EFT

Schedule F (Form 990) 2019

Page 4

Part IV

Foreign Forms

Schedule F (Form 990) 2019

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
PART I: LINE 2:	PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES (US) ARE PRINCIPALLY GOVERNED BY THE PURPOSE FOR WHICH THE FUNDS WERE GRANTED. SUBAWARD GRANTS AND GRANTS PAID OUTSIDE OF THE US, OR FOR USE OUTSIDE THE US, FOR PROGRAMS WHICH HAVE A READILY IDENTIFIABLE FOREIGN COMPONENT AND ARE TRACKED SEPARATELY ARE REPORTED ON SCHEDULE F. (GRANTMAKING IS FURTHER DISCUSSED BELOW) FINANCIAL AID: FINANCIAL AID AMOUNTS SUCH AS GRANTS, STIPENDS, FELLOWSHIPS AND SCHOLARSHIPS ARE PAID TO ENROLLED STUDENTS AND MAY BE USED FOR ACADEMIC ACTIVITIES ABROAD. STANFORD REQUIRES THAT STUDENTS WHO ARE RECEIVING FINANCIAL AID MAINTAIN THEIR REGISTRATION STATUS, AND BE ENROLLED FOR ACADEMIC CREDIT IN UNIVERSITY-APPROVED AND MONITORED PROGRAMS AND/OR RELATED ACADEMIC ACTIVITIES. ACCORDINGLY, THE UNIVERSITY DOES NOT CONSIDER FINANCIAL AID DISBURSEMENTS IN THE US TO ENROLLED STUDENTS AS "GRANTS TO FOREIGN INDIVIDUALS". SUBAWARDS: PROCEDURES FOR MONITORING SUB-AWARDS (DISCUSSED FURTHER BELOW UNDER 3. GRANTMAKING) INCLUDE AN INITIAL RISK ASSESSMENT OF THE RECIPIENT TOGETHER WITH A REVIEW OF AUDIT/FINANCIALS. THIS ASSESSMENT DETERMINES THE SCOPE OF AGREEMENT TERMS TO ENSURE SAFE-HANDLING OF THE AWARD. IN ACCORDANCE WITH OFFICE OF MANAGEMENT AND BUDGET (OMB) UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE), SUB-RECIPIENTS WHO ARE NOT UNDER SINGLE AUDIT ARE REQUIRED TO ANNUALLY COMPLETE A QUESTIONNAIRE DESIGNED TO ASSESS CERTAIN ASPECTS OF THE SUB-RECIPIENT'S INTERNAL CONTROLS AND FINANCIAL STATUS. THIS INFORMATION IS COLLECTED AND REVIEWED BY UNIVERSITY SPONSORED RESEARCH SPECIALISTS. INVOICES SUBMITTED BY THE SUB-RECIPIENT TO THE UNIVERSITY ARE REVIEWED TO ENSURE THAT CHARGED EXPENSES MEET BOTH INTERNAL ACCOUNTING POLICIES, AS WELL AS FEDERAL STANDARDS. AWARDS ARE MONITORED ON AN ONGOING BASIS.
PART I, LINE 3:	DETAILS FOR EACH TYPE OF ACTIVITY (1. PROGRAM SERVICES, 2. INVESTMENTS, 3. GRANTMAKING, 4. FUNDRAISING) CONDUCTED IN EACH REGION AND THE METHOD USED TO ACCOUNT FOR EXPENDITURES ON PART I, COLUMN (F): AS A LEADING RESEARCH INSTITUTION, STANFORD UNIVERSITY CONDUCTS ACTIVITIES WORLDWIDE IN PURSUIT OF ITS ACADEMIC MISSION OF EDUCATION, RESEARCH AND PATIENT CARE. ITS STUDENTS, FACULTY AND ALUMNI COMMUNITIES ARE SIMILARLY INTERNATIONAL IN CHARACTER, AND SEEK TO COLLABORATE IN AN INTERDEPENDENT WORLD TO UNDERSTAND AND SOLVE GLOBAL CHALLENGES. THE UNIVERSITY HAS REPORTED ON SCHEDULE F EXPENDITURES RELATING TO FOREIGN ACTIVITIES THAT ARE TRACKED IN THE ACCOUNTING SYSTEM, IN ACCORDANCE WITH US GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. 1.PROGRAM SERVICES: PROGRAM SERVICES INCLUDE ACTIVITIES RELATING TO THE CORE INSTITUTIONAL MISSION OF TEACHING, RESEARCH AND PATIENT CARE. -TRAVEL STUDY: TRAVEL STUDY INCLUDES EXPENSES INCURRED IN REGION FOR STUDENTS TO EXAMINE GLOBAL ISSUES IN A FACULTY LED GROUP-LEARNING ENVIRONMENT. -STUDY TOURS: STUDY TOURS INCLUDE EXPENSES INCURRED IN THE REGION FOR ALUMNI ASSOCIATION SPONSORED STUDY TRIPS. -STUDY ABROAD: STUDY ABROAD INCLUDES OPERATING EXPENSES INCURRED IN THE REGION FOR PREDOMINATELY STANFORD-RUN UNDERGRADUATE FOREIGN STUDY PROGRAMS. CONSISTENT WITH FINANCIAL STATEMENT TREATMENT, WHERE SALARIES ARE INCURRED, A COST ALLOCATION FOR FRINGE BENEFITS IS ADDED TO SALARIES FOR REPORTING PURPOSES. -RESEARCH: RESEARCH INCLUDES CONTRACT PAYMENTS TO FOREIGN SUB-RECIPIENTS AND DIRECT COSTS INCURRED REGIONALLY FOR ACADEMIC RESEARCH PROJECTS, INCLUDING PAYMENTS FOR PROFESSIONAL SERVICES ENGAGED TO FURTHER THE RESEARCH PURPOSE. -FOREIGN TRAVEL: FOREIGN TRAVEL IS CATEGORIZED SEPARATELY IN THE ACCOUNTING SYSTEM TO MEET COST PRINCIPLES OF OMB REQUIREMENTS. -FOREIGN CENTER: REPRESENTS EXPENSES INCURRED FOR THE OPERATION, SUPPORT, MAINTENANCE, AND MANAGEMENT OF FACILITIES IN THE EAST ASIA/PACIFIC REGION TO HOUSE STANFORD FACULTY, STAFF, AND STUDENTS ENGAGED IN ACADEMIC ACTIVITIES. -EDUCATION: INCLUDES PROGRAM FUNDING FOR US FACULTY AND STUDENTS FOR ACADEMIC ACTIVITIES CONDUCTED INTERNATIONALLY. STANFORD ALSO OFFERS EDUCATIONAL PROGRAMS TO NON-MATRICULATED STUDENTS. -CONFERENCES AND SEMINARS: INCLUDE EXPENSES INCURRED FOR LODGING, TRANSPORTATION AND MEALS FOR FACULTY AND STUDENTS TO ATTEND AND PRESENT ACADEMIC AND RESEARCH FINDINGS. 2.INVESTMENTS: I) INVESTMENTS ARE REPORTED AS OF AUGUST 31, 2018 AT FAIR MARKET VALUE, DETERMINED IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE US. INVESTMENT MANAGEMENT FEES ARE DIRECT FEES EXPENSED DURING FISCAL YEAR 2018. THE REGION IN WHICH INVESTMENTS ARE REPORTED ON SCHEDULE F IS BASED ON THE INVESTMENT ENTITY'S LEGAL DOMICILE (I.E., COUNTRY WHOSE LAWS GOVERN THE ENTITY'S AFFAIRS) AND IS NOT INTENDED TO BE AN INDICATION OF WHERE THE INVESTMENT MANAGER DEPLOYS ASSETS. ACCORDINGLY, SUCH INFORMATION ON SCHEDULE F MAY NOT REFLECT THE REGIONS OF THE WORLD WHERE THE UNIVERSITY'S ASSETS ARE ACTUALLY INVESTED. STANFORD MANAGEMENT COMPANY ("SMC"), A DIVISION OF THE UNIVERSITY, ACTIVELY MANAGES THE UNIVERSITY'S INVESTMENTS, INCLUDING ITS ENDOWMENT. THE PORTFOLIO IS CONSTRUCTED TO GENERATE ATTRACTIVE LONG-TERM RETURNS, ADJUSTED FOR RISK, SO THAT THE ENDOWMENT CAN PROVIDE MEANINGFUL ANNUAL SUPPORT TO THE OPERATING BUDGET OF THE UNIVERSITY WHILE PRESERVING PURCHASING POWER ACROSS GENERATIONS. STANFORD'S INVESTMENT PROGRAM IS CONSISTENT WITH ITS FIDUCIARY RESPONSIBILITIES UNDER THE CALIFORNIA UNIFORM PRUDENT INVESTOR ACT. TO EXECUTE ITS INVESTMENT STRATEGY, STANFORD INVESTS THROUGH ONSHORE AND OFFSHORE INVESTMENT VEHICLES. OFTEN, WHEN ACCESSING INTERNATIONAL OPPORTUNITIES, THERE IS NO ONSHORE OPTION. STANFORD REPORTS ITS HOLDINGS TO THE IRS AND OTHER TAX AUTHORITIES AND MAKES EVERY EFFORT TO BE FULLY COMPLIANT WITH ALL APPLICABLE DOMESTIC AND FOREIGN LAWS. OFFSHORE VEHICLES ARE STILL TAXED IN THE US, SPECIFICALLY ON INCOME THAT IS EFFECTIVELY CONNECTED TO THEIR OPERATIONS IN THE US, AS WELL AS ON DIVIDENDS RECEIVED FROM OPERATIONS DOMICILED IN THE US. IN SUMMARY, THE UNIVERSITY'S LONG-TERM INVESTMENT STRATEGY RELIES ON A PORTFOLIO DIVERSIFIED BY ASSET CLASS AND GEOGRAPHY, CONTINUALLY REFINED TO ACHIEVE DESIRED OVERALL RISK AND RETURN CHARACTERISTICS. COMBINED WITH A DISCIPLINED PAYOUT POLICY, STANFORD'S TRUSTEES AIM TO PROVIDE ROBUST ANNUAL SUPPORT FOR THE CURRENT OPERATING ACTIVITIES AND TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT FOR FUTURE GENERATIONS OF STUDENTS AND SCHOLARS. II) ALSO REPORTED AS INVESTMENTS ARE STANFORD'S INVESTMENTS IN RELATED OPERATING SUBSIDIARIES THROUGH WHICH THE UNIVERSITY CONDUCTS ONGOING PROGRAM ACTIVITIES IN CERTAIN FOREIGN COUNTRIES. 3.GRANTMAKING: STANFORD UNIVERSITY IS NOT A "GRANT MAKER" PER SE IN THAT ITS FUNDAMENTAL MISSION, AND PURPOSE FOR TAX-EXEMPTION, RELATES TO TEACHING, RESEARCH AND PATIENT CARE ACTIVITIES. HOWEVER, IN THE COURSE OF THESE MISSION-BASED ACTIVITIES, THE UNIVERSITY DOES MAKE PAYMENTS THAT MEET THE CRITERIA FOR 'GRANTMAKING' AS DEFINED BY THE INSTRUCTIONS TO IRS 990 SCHEDULE F. ACCORDINGLY, THESE GRANTS ARE REPORTED ON SCHEDULE F, PART I, AND ALSO REPORTED ON PARTS II AND III AS REQUIRED BY THE INSTRUCTIONS. FOR MOST UNITED STATES INSTITUTIONS OF HIGHER EDUCATION, PROVISION OF FINANCIAL AID TO STUDENTS IS AN IMPORTANT ACTIVITY ENABLING QUALIFIED STUDENTS TO OBTAIN A COLLEGE EDUCATION AT THE UNDERGRADUATE, GRADUATE OR POSTDOCTORAL LEVEL. STANFORD IS COMMITTED TO A "NEED-BLIND" ADMISSION POLICY FOR US CITIZENS AND PERMANENT RESIDENTS; IT ADMITS QUALIFIED STUDENTS WITHOUT REGARD TO THEIR ABILITY TO PAY, AND PROVIDES A COMPREHENSIVE FINANCIAL AID PROGRAM FOR ALL ADMITTED US STUDENTS WHO HAVE UNIVERSITY-COMPUTED NEED, AND WHO MEET STATED FINANCIAL AID ELIGIBILITY REQUIREMENTS. FOR THE FISCAL YEAR ENDED AUGUST 31, 2018 (FY 2018), 47% OF UNDERGRADUATE AND ABOUT 79% OF GRADUATE STUDENTS RECEIVED SOME FORM OF FINANCIAL AID, WITH A TOTAL OF $471,975,286 OF FINANCIAL AID DISBURSED TO ALL STANFORD STUDENTS. APPROXIMATELY 64% OF THIS AID TOOK THE FORM OF TRANSFERS FROM INTERNAL UNIVERSITY FUNDS (OFTEN IN ACCORDANCE WITH DONOR TERMS) TO OFFSET TUITION AND OTHER UNIVERSITY CHARGES THAT WOULD OTHERWISE HAVE BEEN RECEIVED BY THE UNIVERSITY. THE BALANCE OF $168,530,041 REPRESENTS DISBURSEMENTS, PRIMARILY TO GRADUATE STUDENTS, FOR STIPENDS, FELLOWSHIPS AND OTHER STUDENT AID IN SUPPORT OF ACADEMIC EFFORT. GRANTS TO ORGANIZATIONS ARE PRIMARILY IN THE FORM OF RESEARCH SUB-AWARDS. SUB-AWARDS ARE PAYMENTS TO THIRD PARTY RECIPIENTS FOR PERFORMING A PORTION OF A STANFORD RESEARCH PROGRAM, MOST OFTEN A SPONSORED-RESEARCH PROJECT. MANY SUB-AWARDS ARE AGREEMENTS FOR CONTRACTUALLY DEFINED DELIVERABLES, USUALLY REQUIRING HIGHLY SPECIFIC EXPERTISE. AS SUCH THEY COULD BE DESCRIBED AS RESEARCH CONTRACTS. HOWEVER, CERTAIN SUB-AWARDS ARE CATEGORIZED AS GRANTS, DEPENDING ON THE NATURE OF THE ORIGINATING PRIME FUNDING SOURCE, SINCE THE TERMS AND CONDITIONS OF THE ORIGINATING FUNDING SOURCE GENERALLY FLOW THROUGH TO THE SUB-AWARD. ACCORDINGLY, GRANT-FUNDED SUB-AWARDS ARE REPORTED IN PART II. CONTRACT-FUNDED SUB-AWARDS TO FOREIGN RECIPIENTS ARE REPORTED IN PART I, LINE 3 AS PROGRAM SERVICES - RESEARCH. GRANTS REPORTED ON SCHEDULE F ARE DIRECTLY TRACKED AND SOURCED FROM THE ACCOUNTING SYSTEM. IT IS CURRENTLY NOT POSSIBLE TO REPORT EXHAUSTIVELY ALL GRANTS TO FOREIGN INDIVIDUALS OR ORGANIZATIONS OR TO DOMESTIC INDIVIDUALS OR ORGANIZATIONS WITH DESIGNATED FOREIGN BENEFICIARIES. SEE BELOW FOR FURTHER EXPLANATION OF THE METHOD USED TO ACCOUNT FOR GRANTS ON PART II AND III. 4.FUNDRAISING: FUNDRAISING INCLUDES EXPENSES DIRECTLY INCURRED IN THE REGION FOR FUNDRAISING ACTIVITIES.
PART II: METHOD USED TO ACCOUNT FOR GRANTS TO ORGANIZATIONS	SUB-AWARDS ARE SEPARATELY TRACKED IN THE ACCOUNTING SYSTEM WITH THE IDENTIFICATION OF THE FUNDING SOURCE OF THE SUB AWARD (I.E. GRANT VS. CONTRACT) SEPARATELY TRACKED IN THE UNIVERSITY'S SPONSORED RESEARCH SYSTEM. INCLUDED IN PART II ARE DIRECT GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS OUTSIDE THE US. THE UNIVERSITY DOES NOT TRACK WHETHER GRANTS TO ORGANIZATIONS WITHIN THE US ARE MADE FOR THE PURPOSE OF PROVIDING GRANTS TO FOREIGN ORGANIZATIONS. SUB-AWARDS ARE SUBJECT TO THE MONITORING PROCEDURES DISCUSSED IN PART V WITH RESPECT TO PART I, LINE 2 REGARDLESS OF WHETHER THE RECIPIENT WILL FURTHER SUB-AWARD FUNDS IN ORDER TO ACCOMPLISH THE PURPOSES OF THE AWARD.
PART III: METHOD USED TO ACCOUNT FOR GRANTS TO INDIVIDUALS	PAYMENTS TO INDIVIDUALS OUTSIDE OF THE US ARE TRACKED IN THE PAYABLES SUB-LEDGER OF THE ACCOUNTING SYSTEM. GRANT DISBURSEMENTS TO STUDENTS AND FACULTY ARE TRACKED AT A SUMMARY LEVEL IN THE ACCOUNTING SYSTEM. THE AWARDING AND MONITORING OF INDIVIDUAL GRANT FUNDS IS A DECENTRALIZED ACADEMIC PROGRAM LEVEL RESPONSIBILITY. THE NUMBER OF RECIPIENTS REPORTED IN PART III REFLECT IDENTIFIABLE ACTUAL RECIPIENTS OF THOSE PROGRAMS, OR OTHER IDENTIFIED STUDENT RECIPIENTS.

Schedule F (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE G (Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information Regarding
Fundraising or Gaming Activities

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

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

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Part I

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

Form 990-EZ filers are not required to complete this part.

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

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

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

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

YesNo

If "Yes," list the 10 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
	THE STELTER COMPANY 10435 NEW YORK AVENUE DES MOINES, IA50322	BROCHURES		No		48,790
	MJM Partners JAYNE MORDELL 40 PALMER LANE PORTOLA VALLEY, CA94028	STRATEGY PLANNING		No	1,427,460	42,700	1,384,760
	STOUT TIMOTHY 10 WATER ST APT 305 BANGOR, ME04401	MARKET RESEARCH		No		34,000







Total . . . . . . . . . . . . . . . . . . . .					1,427,460	125,490	1,384,760

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.

CA, NY

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

Cat. No. 50083H

Schedule G (Form 990 or 990-EZ) 2019

Page 2

Part II

Fundraising Events. Complete if the organization answered "Yes" on 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 UNDER ONE LUNCH (event type)	(b) Event #2 RODIN MOONLIGHT (event type)	(c) Other events 3 (total number)	(d) Total events (add col. (a) through col. (c))
1	Gross receipts . . . . .	1,477,460	358,640	228,689	2,064,789
2	Less: Contributions . . . .	1,453,860	342,140	193,625	1,989,625
3	Gross income (line 1 minus line 2) . . . . . .	23,600	16,500	35,064	75,164

4	Cash prizes . . . . .
5	Noncash prizes . . . .			1,877	1,877
6	Rent/facility costs . . . .	116,931		29,168	146,099
7	Food and beverages . . .	35,151	194,874	95,035	325,060
8	Entertainment . . . .	5,580	14,059	4,733	24,372
9	Other direct expenses . . .	140,352	267,189	224,210	631,751
10	Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . .				1,129,159
11	Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . .				-1,053,995

Part III

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

		(a) Bingo	(b) Pull tabs/Instant bingo/progressive bingo	(c) Other gaming	(d) Total gaming (add col.(a) through col.(c))
1	Gross revenue . . . . .

2	Cash prizes . . . . .
3	Noncash prizes . . . .
4	Rent/facility costs . . . .
5	Other direct expenses . . .

Volunteer labor . . . .

	Yes %
	No

	Yes %
	No

	Yes %
	No

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

Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow

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

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

YesNo

If "No," explain:

10a

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

YesNo

If "Yes," explain:

Schedule G (Form 990 or 990-EZ) 2019

Page 3

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

YesNo

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

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

YesNo

Indicate the percentage of gaming activity conducted in:

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

13a

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

13b

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

Name

Address

15a

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

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

YesNo

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

$ and the

amount of gaming revenue retained by the third party right arrow

$ .

If "Yes," enter name and address of the third party:

Name

Address

Gaming manager information:

Name

Gaming manager compensation right arrow

Description of services provided right arrow

Director/officer Employee Independent contractor

Mandatory distributions:

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

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

YesNo

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

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

Part IV

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) 2019

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

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," on Form 990, Part IV, line 21 or 22.
lBullet

Attach to Form 990.
lBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number
94-1156365

Part I

General Information on Grants and Assistance

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

Yes No

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

Part II

Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" on 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	(h) Purpose of grant or assistance
(1) ACLU OF NORTHERN CALIFORNIA 39 DRUMM ST SAN FRANCISCO,CA94111	94-0279770	STATE OF CA	100,000	GENERAL SUPPORT
(2) ALL HANDS VOLUNTEERS 6 COUNTY RD STE 6 MATTAPOISETT,MA02739	20-3414952	501 (C) (3)	1,000,000	GENERAL SUPPORT
(3) AMERICAN FEDERATION FOR CHILDREN GROWTH FUND 1020 19TH ST NW STE 675 WASHINGTON,DC20036	52-2111508	501 (C) (3)	25,000	GENERAL SUPPORT
(4) AMERICAN FRIENDS OF BEIT HATFUTSOT 633 THIRD AVE 21ST FL NEW YORK,NY10017	13-2928469	501 (C) (3)	500,000	GENERAL SUPPORT
(5) AMERICAN SOCIETY OF UNIVERSITY OF HAIFA 80 BROAD ST STE 2102 NEW YORK,NY10004	13-6220819	501 (C) (3)	1,000,000	GENERAL SUPPORT
(6) AOPA FOUNDATION 421 AVIATION WAY FREDERICK,MD21701	20-8817225	501 (C) (3)	10,000	GENERAL SUPPORT
(7) APA FAMILY SUPPORT SERVICES 10 NOTTINGHAM PLACE SAN FRANCISCO,CA94133	94-3164091	501 (C) (3)	20,000	GENERAL SUPPORT
(8) BAYLOR HEALTH CARE SYSTEM FOUNDATION 3600 GASTON AVE STE 100 DALLAS,TX75246	75-1606705	501 (C) (3)	50,000	GENERAL SUPPORT
(9) BROOKINGS INSTITUTION 1775 MASSACHUSETTS AVE NW WASHINGTON,DC20036	53-0196577	501 (C) (3)	140,000	GENERAL SUPPORT
(10) BROWN UNIVERSITY GIFT CASHIER BOX 1877 PROVIDENCE,RI02912	50-5025880	501 (C) (3)	350,000	FELLOWSHIPS
(11) CALIFORNIA HISTORICAL SOCIETY 678 MISSION ST SAN FRANCISCO,CA94105	94-0385620	501 (C) (3)	10,000	GENERAL SUPPORT
(12) CANCER FOUNDATION OF SANTA BARBARA 601 W JUNIPERO ST SANTA BARBARA,CA93105	95-2158727	501 (C) (3)	20,000	GENERAL SUPPORT
(13) CARNEGIE MELLON UNIVERSITY PO BOX 371525 PITTSBURGH,PA152517525	25-0969449	501 (C) (3)	150,000	GENERAL SUPPORT
(14) CARPINTERIA CHILDREN'S PROJECT 1400 LINDEN AVE CARPINTERIA,CA93013	81-1407122	501 (C) (3)	50,000	GENERAL SUPPORT
(15) CENTER FOR INNOVATIVE GOVERNANCE RESEARCH 636 NEWTON PLACE NW APT 206 WASHINGTON,DC20010	82-3264419	501 (C) (3)	10,000	GENERAL SUPPORT
(16) CENTER FOR JEWISH CAMPUS LIFEINC PO BOX 20526 STANFORD,CA94309	77-0492512	501 (C) (3)	100,000	GENERAL SUPPORT
(17) CHABAD JEWISH CENTER OF SANTA FE 230 W MANHATTAN AVE SANTA FE,NM87501	85-0446049	501 (C) (3)	10,000	GENERAL SUPPORT
(18) CHILDRENS HEALTH COUNCIL 650 CLARK WAY PALO ALTO,CA94304	94-1312311	501 (C) (3)	50,000	GENERAL SUPPORT
(19) COACHING CORPS 310 8TH STREET SUITE 300 OAKLAND,CA94607	94-3310845	501 (C) (3)	100,000	GENERAL SUPPORT
(20) COLORADO OUTWARD BOUND SCHOOL 5161 SHERIDAN BLVD DENVER,CO80212	84-0512779	501 (C) (3)	10,000	GENERAL SUPPORT
(21) COMMONWEALTH CLUB OF CALIFORNIA 110 EMBARCADERO SAN FRANCISCO,CA94105	94-0399260	501 (C) (3)	1,100,000	GENERAL SUPPORT
(22) CORNELL UNIVERSITY 130 E SENECA ST ITHACA,NY14850	15-0532082	501 (C) (3)	580,000	GENERAL SUPPORT
(23) COUNCIL ON FOREIGN RELATIONS 58 E 68TH ST NEW YORK,NY10065	13-1628168	501 (C) (3)	1,000,000	GENERAL SUPPORT
(24) CURRIKI 20660 STEVENS CREEK BOULEVARD/332 CUPERTINO,CA95014	20-3478467	501 (C) (3)	20,000	GENERAL SUPPORT
(25) DANA FARBER CANCER INSTITUTE 450 BROOKLINE AVE BP 418 BOSTON,MA02215	04-2263040	501 (C) (3)	10,000	GENERAL SUPPORT
(26) DUKE UNIVERSITY BOX 104132 DURHAM,NC27708	56-0532129	501 (C) (3)	70,000	GENERAL SUPPORT
(27) ELTON JOHN AIDS FOUNDATION 584 BROADWAY STE 906 NEW YORK,NY10012	58-2033460	501 (C) (3)	50,000	GENERAL SUPPORT
(28) FIDELITY CHARITABLE PO BOX 770001 CINCINNATI,OH45277	11-0303001	501 (C) (3)	50,000	GENERAL SUPPORT
(29) FIELD INSTITUTE OF TAOS PO BOX 486 ARROYO SECO,NM87514	85-0442587	501 (C) (3)	130,000	GENERAL SUPPORT
(30) GEORGIA TECH FOUNDATION 800 W PEACHTREE ST NW TM PROGRAM ATLANTA,GA303081149	58-6043294	501 (C) (3)	475,000	GENERAL SUPPORT
(31) GLADSTONE INSTITUTES 1650 OWENS ST SAN FRANCISCO,CA94158	23-7203666	501 (C) (3)	160,000	GENERAL SUPPORT
(32) GLIDE FOUNDATION 330 ELLIS ST 4TH FL SAN FRANCISCO,CA94102	94-1156481	501 (C) (3)	44,000	GENERAL SUPPORT
(33) GRADUATE THEOLOGICAL UNION 2400 RIDGE RD BERKELEY,CA94079	94-1581707	501 (C) (3)	225,000	GENERAL SUPPORT
(34) GREATER TWIN CITIES UNITED WAY 404 S EIGHTH ST MINNEAPOLIS,MN55404	41-1973442	501 (C) (3)	30,000	GENERAL SUPPORT
(35) HEAD ROYCE SCHOOL 4315 LINCOLN AVE OAKLAND,CA94602	94-1518656	501 (C) (3)	20,000	GENERAL SUPPORT
(36) HILLEL AT STANFORD PO BOX 20526 STANFORD,CA94309	52-1844823	501 (C) (3)	50,000	GENERAL SUPPORT
(37) HOWARD UNIVERSITY 1851 9TH ST NW RM 301 WASHINGTON,DC20001	53-0204707	501 (C) (3)	1,055,000	GENERAL SUPPORT
(38) HUDSON INSTITUTE INC 1201 PENNSYLVANIA AVE NW STE 400 WASHINGTON,DC20004	13-1945157	501 (C) (3)	50,000	FELLOWSHIPS
(39) JACKSON HOLE LAND TRUST PO BOX 2897 JACKSON,WY83001	74-2138785	501 (C) (3)	800,000	GENERAL SUPPORT
(40) JEWISH SPORTS HALL OF FAME OF NORTHERN CALIFORNIA PO BOX 4532 WALNUT CREEK,CA94596	26-0493232	501 (C) (3)	10,000	GENERAL SUPPORT
(41) JEWISH THEOLOGICAL SEMINARY OF AMERICA 3080 BROADWAY FINANCE OFFICE ATTN NEW YORK,NY10027	13-0887640	501 (C) (3)	40,000	GENERAL SUPPORT
(42) KHAN ACADEMY PO BOX 1630 MOUNTAIN VIEW,CA94042	26-1544963	501 (C) (3)	676,666	GENERAL SUPPORT
(43) KQED INC 2601 MARIPOSA ST SAN FRANCISCO,CA941101426	94-1241309	501 (C) (3)	25,000	GENERAL SUPPORT
(44) LUCILE SALTER PACKARD CHILDRENS HOSPITAL AT STANFO 725 WELCH ROAD PALO ALTO,CA94304	77-0003859	501 (C) (3)	5,575,000	GENERAL SUPPORT
(45) LUCILE PACKARD FOUNDATION FOR CHILDRENS HEALTH 725 WELCH ROAD PALO ALTO,CA94304	77-0440090	501 (C) (3)	1,770,000	GENERAL SUPPORT
(46) MAKE A WISH AMERICA 4742 N 24TH ST STE 400 PHOENIX,AZ85016	86-0481941	501 (C) (3)	12,500	GENERAL SUPPORT
(47) MAKING WAVES FOUNDATION 3220 BLUME DR STE 250 RICHMOND,CA94806	68-0204312	501 (C) (3)	136,503	GENERAL SUPPORT
(48) MARYCREST MANOR INC 10664 ST JAMES DR CULVER CITY,CA90230	95-1708771	501 (C) (3)	500,000	GENERAL SUPPORT
(49) MAYO CLINIC JACKSONVILLE 4500 SAN PABLO RD JACKSONVILLE,FL32224	41-6011702	501 (C) (3)	50,000	GENERAL SUPPORT
(50) MINNESOTA LANDSCAPE ARBORETUM FOUNDATION 3675 ARBORETUM DR CHASKA,MN553189613	23-7081057	501 (C) (3)	100,000	GENERAL SUPPORT
(51) NATIONAL ACADEMY OF SCIENCES 2101 CONSTITUTION AVE NW PNAS 3RD WASHINGTON,DC20418	53-0196932	501 (C) (3)	10,000	GENERAL SUPPORT
(52) NATIONAL EQUITY PROJECT 1720 BROADWAY 4TH FL OAKLAND,CA94612	94-3222960	501 (C) (3)	292,362	GENERAL SUPPORT
(53) NATIONAL PARK FOUNDATION ANTELOPE FLAT NATIONAL PARK FOUNDATION 1110 VERM WASHINGTON,DC20005	52-1086761	501 (C) (3)	1,000,000	GENERAL SUPPORT
(54) NATIONAL WWII MUSEUM 945 MAGAZINE ST NEW ORLEANS,LA70130	72-1200790	501 (C) (3)	200,000	GENERAL SUPPORT
(55) NORTH AMERICAN COUNCIL- MHPJ 733 PARK AVE SUITE 8 NEW YORK,NY10021	14-1937011	501 (C) (3)	40,000	GENERAL SUPPORT
(56) NORTHERN LIGHT SCHOOL 3710 DORISA AVE OAKLAND,CA94605	94-3097690	501 (C) (3)	20,000	GENERAL SUPPORT
(57) NOTRE DAME DE NAMUR UNIVERSITY 1500 RALSTON AVE BUSINESS OFFICE BELMONT,CA94002	94-1156646	501 (C) (3)	1,000,000	GENERAL SUPPORT
(58) OSHMAN FAMILY JEWISH COMMUNITY CENTER 3921 FABIAN WAY PALO ALTO,CA94303	77-0185734	501 (C) (3)	657,634	GENERAL SUPPORT
(59) PALO ALTO MEDICAL FOUNDATION 795 EL CAMINO REAL PALO ALTO,CA943012302	94-1156581	501 (C) (3)	50,000	GENERAL SUPPORT
(60) PALO ALTO UNIVERSITY 1791 ARASTRADERO RD PALO ALTO UNIV PALO ALTO,CA94304	94-2340692	501 (C) (3)	10,000	FELLOWSHIPS
(61) PARS EQUALITY CENTER 1635 THE ALAMEDA STE 300 SAN JOSE,CA95126	27-2969900	501 (C) (3)	45,000	GENERAL SUPPORT
(62) PHILANTHROPIC VENTURES FOUNDATION 1222 PRESERVATION PARK WAY OAKLAND,CA94612	94-3136771	501 (C) (3)	145,000	FELLOWSHIPS
(63) RAFIKI FOUNDATION PO BOX 1988 EUSTIS,FL32727	74-2477089	501 (C) (3)	22,500	GENERAL SUPPORT
(64) RONALD MCDONALD HOUSE CHARITIES BAY AREA 520 SAND HILL RD PALO ALTO,CA943042001	94-2538615	501 (C) (3)	1,250,000	GENERAL SUPPORT
(65) SAINT JOHNS HEALTH CENTER FOUNDATION 2121 SANTA MONICA BLVD SANTA MONICA,CA90404	95-6100079	501 (C) (3)	30,000	GENERAL SUPPORT
(66) SAN CARLOS CATHEDRAL 500 CHURCH ST MONTEREY,CA93940	94-1658139	501 (C) (3)	15,000	GENERAL SUPPORT
(67) SAN FRANCISCO 49ERS FOUNDATION 4949 MARIE P DEBARTOLO WY SANTA CLARA,CA95054	77-0287514	501 (C) (3)	100,000	GENERAL SUPPORT
(68) SAN FRANCISCO BALLET SCHOOL 455 FRANKLIN ST SAN FRANCISCO,CA941024471	94-1415298	501 (C) (3)	10,000	GENERAL SUPPORT
(69) SAN FRANCISCO JEWISH FAMILY AND CHILDREN'S SERVICE PO BOX 159004 SAN FRANCISCO,CA94115	94-1156528	501 (C) (3)	250,000	GENERAL SUPPORT
(70) SAN FRANCISCO MUSEUM OF MODERN ART 151 3RD ST SAN FRANCISCO,CA941033107	94-1156300	501 (C) (3)	500,000	GENERAL SUPPORT
(71) SAN MATEO COUNTY HISTORICAL ASSOCIATION 2200 BROADWAY ST REDWOOD CITY,CA940631639	23-7186194	501 (C) (3)	10,000	GENERAL SUPPORT
(72) SANTA BARBARA FOUNDATION 1111 CHAPELA ST STE 200 SANTA BARBARA,CA93101	95-1866095	501 (C) (3)	200,000	GENERAL SUPPORT
(73) SANTA FE JAZZ 310 STAAB ST SANTA FE,NM87501	47-1314790	501 (C) (3)	10,000	GENERAL SUPPORT
(74) SCHWAB CHARITABLE FUND 111 WALL ST NEW YORK,NY10005	31-1640316	501 (C) (3)	366,000	GENERAL SUPPORT
(75) SF PARKS ALLIANCE 501 STANYAN STREET SAN FRANCISCO,CA94117	23-7131784	501 (C) (3)	100,000	GENERAL SUPPORT
(76) SHARKS FOUNDATION 525 W SANTA CLARA ST SAN JOSE,CA95113	77-0374062	501 (C) (3)	50,000	GENERAL SUPPORT
(77) SMITHSONIAN INSTITUTION 1050 INDEPENDENCE AVE SW FREER AND WASHINGTON,DC200137012	53-0206027	501 (C) (3)	1,000,000	GENERAL SUPPORT
(78) ST NICHOLAS AND ST WILLIAM PARISH 473 LINCOLN AVE LOS ALTOS,CA94022	95-2734503	501 (C) (3)	10,000	GENERAL SUPPORT
(79) Stanford Health Care Partners 300 PASTEUR DRIVE STANFORD,CA94305	94-6174066	501 (C) (3)	1,055,950	GENERAL SUPPORT
(80) STANFORD JEWISH CENTER 1289 COLLEGE AVE PALO ALTO,CA94306	73-1655874	501 (C) (3)	450,000	GENERAL SUPPORT
(81) STANFORD PROFESSIONALS IN REAL ESTATE INC 535 RAMONA ST STE 2 PALO ALTO,CA94301	37-1578711	501 (C) (3)	20,000	GENERAL SUPPORT
(82) STONY BROOK FOUNDATION INC 230 ADMINISTRATION BLDG STONY BROOK,NY117941188	11-6077945	501 (C) (3)	90,000	GENERAL SUPPORT
(83) STORM KING ART CENTER 1 MUSEUM RD NEW WINDSOR,NY12553	14-1457573	501 (C) (3)	500,000	GENERAL SUPPORT
(84) TAOS FIRST STEPS HOLY CROSS HOSPITAL 413 SIPAPU ST COMMUNITY SERVICE TAOS,NM87571	85-0289839	501 (C) (3)	25,000	GENERAL SUPPORT
(85) TAOS SPORTS ASSOCIATES INC PO BOX 3011 TAOS,NM87571	85-0241076	501 (C) (3)	100,000	GENERAL SUPPORT
(86) TEN STRANDS PO BOX 150869 SAN RAFAEL,CA94915	27-4118171	501 (C) (3)	20,000	GENERAL SUPPORT
(87) THE BUCK INSTITUTE FOR RESEARCH ON AGING 8001 REDWOOD BLVD NOVATO,CA94945	94-3030609	501 (C) (3)	150,000	GENERAL SUPPORT
(88) THE CCSF FOUNDATION PO BOX 40488 CO THE FOUNDATION OF SAN FRANCISCO,CA941400488	94-1682567	501 (C) (3)	120,000	GENERAL SUPPORT
(89) THE CONTEMPORARY JEWISH MUSEUM 736 MISSION ST SAN FRANCISCO,CA941033113	47-0920831	501 (C) (3)	10,000	GENERAL SUPPORT
(90) THE DUI HUA FOUNDATION 450 SUTTER ST STE 900 SAN FRANCISCO,CA94108	94-3327519	501 (C) (3)	15,000	GENERAL SUPPORT
(91) THE FIRST TEE OF CENTRAL NEW MEXICO ATTN JUAN MITCHELL 1704 B LLANO ST SANTA FE,NM87505	20-3048071	501 (C) (3)	10,000	GENERAL SUPPORT
(92) THE FRIENDS OF THE ANANSI CHARTER SCHOOL PO BOX 1709 EL PRADO,NV87529	20-3888020	501 (C) (3)	200,000	GENERAL SUPPORT
(93) THE MALALA FUND PO BOX 1224 NEW YORK,NY10156	81-1397590	501 (C) (3)	750,000	GENERAL SUPPORT
(94) THE NATURE CONSERVANCY 4245 FAIRFAX DR STE 100 INDIA EFFO ARLINGTON,VA222031650	53-0242652	501 (C) (3)	250,000	GENERAL SUPPORT
(95) THE PASEO PROJECT INC PO BOX 1075 TAOS,NM87571	81-1852200	501 (C) (3)	100,000	GENERAL SUPPORT
(96) THE TEAK FELLOWSHIP 16 W 22ND ST FLR 3 NEW YORK,NY10010	13-4011465	501 (C) (3)	25,000	FELLOWSHIPS
(97) THE UCLA FOUNDATION 10920 WILSHIRE BLVD 9TH FLOOR LOS ANGELES,CA90024	95-2250801	501 (C) (3)	232,000	GENERAL SUPPORT
(98) THINK FREELY MEDIA 2221 S CLARK ST ARLINGTON,VA22202	27-1110796	501 (C) (3)	50,000	GENERAL SUPPORT
(99) TIPPING POINT COMMUNITY 220 MONTGOMERY ST STE 850 SAN FRANCISCO,CA94104	20-2121739	501 (C) (3)	2,250,000	GENERAL SUPPORT
(100) TRINITY EPISCOPAL CHURCH 1500 STATE ST SANTA BARBARA,CA93101	95-1750018	501 (C) (3)	12,000	GENERAL SUPPORT
(101) TRUSTEES OF BOSTON COLLEGE DEVELOPMENT 140 COMMONWEALTH AVENUE CALIGAN AL CHESTNUT HILL,MA02467	04-2103545	501 (C) (3)	48,500	GENERAL SUPPORT
(102) REGENTS OF THE UNIVERSITY OF CALIFORNIA AT BERKELE 121 NORTH GATE HALL GRADUATE SCHOO BERKELEY,CA94720	94-6002123	501 (C) (3)	50,000	GENERAL SUPPORT
(103) UC REGENTS UC SANTA BARBARA 4219 CHEADLE HALL SANTA BARBARA,CA931062013	95-6006145	501 (C) (3)	190,000	GENERAL SUPPORT
(104) UC SANTA CRUZ DIGITAL JEWISH STUDIES PROGRAM UC SANTA CRUZ FOUNDATION HUMANITIE SANTA CRUZ,CA95064	23-7394590	501 (C) (3)	25,000	GENERAL SUPPORT
(105) UCSF FOUNDATION 220 MONTGOMERY ST SAN FRANCISCO,CA94104	94-2829914	501 (C) (3)	1,010,000	GENERAL SUPPORT
(106) UNIVERSITY OF NOTRE DAME 1251 N EDDY STREET STE 300 EDDY S SOUTH BEND,IN46617	35-0868188	501 (C) (3)	15,000	GENERAL SUPPORT
(107) US OLYMPIC AND PARALYMPIC FOUNDATION 1 OLYMPIC PLAZA COLORADO SPRINGS,CO80909	80-0939841	501 (C) (3)	30,000	GENERAL SUPPORT
(108) VILLANOVA UNIVERSITY 800 E LANCASTER AVE BURSARS OFFICE VILLANOVA,PA19085	23-1352688	501 (C) (3)	30,000	GENERAL SUPPORT
(109) VISITING NURSE & HOSPICE CARE OF SANTA BARBARA FOU 509 E MONTECITO ST STE 200 SANTA BARBARA,CA93103	77-0342043	501 (C) (3)	25,000	GENERAL SUPPORT
(110) WEST POINT ASSOCIATION OF GRADUATES 698 MILLS RD WEST POINT,NY10996	14-1260763	501 (C) (3)	25,000	GENERAL SUPPORT
(111) WINDMILL SCHOOL INC 4141 ALPINE RD PORTOLA VALLEY,CA94028	94-2273854	501 (C) (3)	975,000	GENERAL SUPPORT
(112) WOMENONE LTD 19 E 88TH ST NEW YORK,NY10128	26-3679243	501 (C) (3)	45,000	GENERAL SUPPORT
(113) WOODS HOLE OCEANOGRAPHIC INSTITUTION 569 WOODS HOLE RD WOODS HOLE,MA02543	04-2105850	501 (C) (3)	1,000,000	GENERAL SUPPORT

Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image

113

Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image

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

Cat. No. 50055P

Schedule I (Form 990) 2019

Page 2

Part III

Grants and Other Assistance to Domestic Individuals. Complete if the organization answered "Yes" on 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 noncash assistance	(e) Method of valuation (book, FMV, appraisal, other)	(f) Description of noncash assistance

(1) FINANCIAL AID TO STUDENTS	3908	471,719,303
(1)
(2)
(3)
(4)
(5)
(6)
(7)

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

GRANTS AND ASSISTANCE

PART I, LINE 2 ONE OF THE UNIVERSITY'S HIGHEST PRIORITIES IS TO REMAIN AFFORDABLE AND ACCESSIBLE TO THE MOST TALENTED STUDENTS, REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES. THE UNIVERSITY'S ADMISSION PROCESS FOR UNDERGRADUATE STUDENTS FROM THE UNITED STATES IS NEED-BLIND, WHICH MEANS THAT STUDENTS ARE ADMITTED IRRESPECTIVE OF THEIR ABILITY TO PAY; THE UNIVERSITY PROVIDES THE FINANCIAL AID NECESSARY TO MAKE STANFORD AFFORDABLE TO EVERY ADMITTED STUDENT. FOR INTERNATIONAL STUDENTS, THE UNIVERSITY IS NEED-AWARE: STANFORD ANALYZES THE NEED FOR AID AND AIMS TO MEET THE DETERMINED NEED. SINCE 2000, THE UNIVERSITY HAS CONTINUED TO ENHANCE ITS FINANCIAL AID PROGRAMS FOR BOTH ITS UNDERGRADUATE AND GRADUATE STUDENTS. CURRENTLY, FAMILIES OF UNDERGRADUATE STUDENTS FROM THE U.S. WITH INCOMES BELOW $125,000 AND ASSETS TYPICAL OF THAT INCOME LEVEL RECEIVE AT LEAST ENOUGH SCHOLARSHIP TO COVER THE COST OF TUITION. THOSE WITH INCOMES BELOW $65,000 AND TYPICAL ASSETS RECEIVE ENOUGH SCHOLARSHIP ASSISTANCE TO COVER TUITION, ROOM AND BOARD, AND OTHER EXPENSES. IN FY18, APPROXIMATELY 47% OF UNDERGRADUATES WERE AWARDED NEED-BASED FINANCIAL AID FROM STANFORD. STANFORD PROVIDES VALUABLE FINANCIAL SUPPORT TO ELIGIBLE GRADUATE STUDENTS WHICH ENABLES THEM TO PURSUE THEIR ADVANCED STUDIES. FUNDING MAY TAKE DIFFERENT FORMS, SUCH AS FELLOWSHIPS AND ASSISTANTSHIPS, AND THESE IN TURN FURTHER THEIR GRADUATE PROFESSIONAL DEVELOPMENT AND PROGRESS TO DEGREE COMPLETION. IN THE CASE OF GRADUATE RESEARCH AND TEACHING ASSISTANTSHIPS AS WELL AS FELLOWSHIPS, THE FUNDING COVERS PART OF STANFORD'S TUITION (WHICH IS FREE OF INCOME TAX), IN ADDITION TO PROVIDING A STIPEND OR SALARY THAT HELPS STUDENTS WITH THEIR LIVING EXPENSES. BOTH COMPONENTS ARE ESSENTIAL FOR DOCTORAL STUDENTS IN PARTICULAR, AS IT TAKES SEVERAL YEARS TO GAIN THEIR MASTERY OF SPECIALIZED SKILLS AND CONTENT KNOWLEDGE IN THEIR CHOSEN FIELDS. GRADUATE STUDENT FINANCIAL AID AND OTHER SUPPORT IS AWARDED BASED ON ACADEMIC MERIT AND THE AVAILABILITY OF AID. IN THE FACE OF DIMINISHING FEDERAL SUPPORT, STANFORD HAS ASSUMED MORE OF THE FINANCIAL WEIGHT OF SUPPORTING ITS GRADUATE STUDENTS. IN FY18, APPROXIMATELY 79% OF GRADUATE STUDENTS RECEIVED FINANCIAL SUPPORT. THE KNIGHT-HENNESSY SCHOLARS PROGRAM IS AN ADDITIONAL SOURCE OF GRADUATE STUDENT SUPPORT. THE PROGRAM PROVIDES FULL FUNDING FOR THREE YEARS TO ENABLE GRADUATE STUDENTS TO PURSUE ADVANCED DEGREES AND DEVELOP THE CAPACITY TO LEAD AND BRING ABOUT POSITIVE CHANGES IN THE WORLD. THE TOTAL FINANCIAL AID INCLUDES $303,445,245 IN MERIT AND NEED-BASED SCHOLARSHIPS AND FELLOWSHIPS. AN ADDITIONAL $168,530,041 REFLECTS AMOUNTS PAID FOR ADDITIONAL FINANCIAL SUPPORT TO STUDENTS, INCLUDING PAYMENTS FOR HEALTH INSURANCE, LIVING EXPENSES, AND SUPPORT OF POSTDOCTORAL FELLOWS. THESE AMOUNTS INCLUDE $255,983 IN GRANTS TO INDIVIDUALS OUTSIDE THE UNITED STATES. GRANTS LISTED IN PART II ARE PRIMARILY GRANTS MADE FROM DONOR ADVISED FUNDS MANAGED BY STANFORD AND ARE BASED ON RECOMMENDATIONS BY DONORS OF THOSE FUNDS AND REVIEWED AND APPROVED BY SENIOR OFFICIALS IN THE UNIVERSITY OFFICE OF DEVELOPMENT. SUB-GRANTS STANFORD OCCASIONALLY RECEIVES GRANT SUPPORT THAT IS DISBURSED TO OTHER INDIVIDUALS OR ENTITIES PER THE TERMS OF THE AWARD. IN MOST CASES, PRIOR TO THE GRANT TO STANFORD, THE UNIVERSITY WILL PROVIDE THE GRANTING ENTITY WITH A LIST OF SUCH CONTEMPLATED RECIPIENTS. GENERALLY, AS WORK ON THE GRANT PROGRESSES, CHANGES TO THESE RECIPIENTS MUST BE APPROVED BY THE GRANTING AGENCY. DUE TO THESE REVIEW REQUIREMENTS OF THE GRANTING AGENCY, STANFORD DOES NOT REPORT SUCH PAYMENTS ON FORM 990, SCHEDULE I.

Schedule I (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

Schedule J
(Form 990)

Department of the Treasury
Internal Revenue Service

Compensation Information

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

Complete if the organization answered "Yes" on Form 990, Part IV, line 23.
SchJMediumBullet

Attach to Form 990.
SchJMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Part I

Questions Regarding Compensation

Yes

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

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

Travel for companions Payments for business use of personal residence

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

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

If any of the boxes on 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 .........

Yes

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 on Line 1a? ..

Yes

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.

Compensation committee Written employment contract

Independent compensation consultant Compensation survey or study

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

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

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

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

Yes

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

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

Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.

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

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

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

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

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

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

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

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

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

Yes

Were any amounts reported on 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 ..........................

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

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

Cat. No. 50053T

Schedule J (Form 990) 2019

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 on 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 on prior Form 990
(A) Name and Title		(i) Base compensation	(ii) Bonus & incentive compensation	(iii) Other reportable compensation	(C) Retirement and other deferred compensation	(D) Nontaxable benefits	(E) Total of columns (B)(i)-(D)
1MARC TESSIER-LAVIGNE PRESIDENT/TRUSTEE	(i) (ii)	1,112,306 ------------- 0	16,982 ------------- 0	0 ------------- 0	230,256 ------------- 0	197,125 ------------- 0	1,556,669 ------------- 0	0 ------------- 0
2DAVID DEMAREST VP PUBLIC AFFAIRS	(i) (ii)	389,570 ------------- 0	31,837 ------------- 0	21,650 ------------- 0	80,841 ------------- 0	62,417 ------------- 0	586,315 ------------- 0	0 ------------- 0
3PERSIS DRELL PROVOST	(i) (ii)	774,116 ------------- 0	0 ------------- 0	0 ------------- 0	110,089 ------------- 0	42,800 ------------- 0	927,005 ------------- 0	0 ------------- 0
4HARRY ELAM VP ARTS	(i) (ii)	575,025 ------------- 0	0 ------------- 0	30,743 ------------- 0	27,000 ------------- 0	14,411 ------------- 0	647,179 ------------- 0	0 ------------- 0
5LISA LAPIN VP COMMUN., THROUGH 7/6/2018	(i) (ii)	308,235 ------------- 0	112,220 ------------- 0	680 ------------- 0	32,417 ------------- 0	46,332 ------------- 0	499,884 ------------- 0	0 ------------- 0
6RANDALL LIVINGSTON VP BUS AFFAIRS/CFO	(i) (ii)	687,644 ------------- 0	0 ------------- 0	200 ------------- 0	249,222 ------------- 0	31,993 ------------- 0	969,059 ------------- 0	0 ------------- 0
7WILLIAM MADIA VP SLAC NAL	(i) (ii)	339,905 ------------- 0	86,200 ------------- 0	36,080 ------------- 0	27,000 ------------- 0	1,362 ------------- 0	490,547 ------------- 0	0 ------------- 0
8ROBERT C REIDY VP LAND, BUILDINGS & REAL EST	(i) (ii)	526,430 ------------- 0	350,000 ------------- 0	0 ------------- 0	352,556 ------------- 0	64,799 ------------- 0	1,293,785 ------------- 0	0 ------------- 0
9MARTIN SHELL VP DEVELOPMENT	(i) (ii)	681,307 ------------- 0	110,000 ------------- 0	8,425 ------------- 0	47,833 ------------- 0	53,196 ------------- 0	900,761 ------------- 0	0 ------------- 0
10ROBERT F WALLACE CHIEF EXECUTIVE OFFICER, SMC	(i) (ii)	985,292 ------------- 0	1,725,000 ------------- 0	559,092 ------------- 0	476,866 ------------- 0	47,203 ------------- 0	3,793,453 ------------- 0	99,691 ------------- 0
11HOWARD WOLF PRES. OF STANFORD ALUM. ASSOC.	(i) (ii)	418,820 ------------- 0	55,000 ------------- 0	39,303 ------------- 0	88,111 ------------- 0	36,031 ------------- 0	637,265 ------------- 0	25,000 ------------- 0
12ELIZABETH ZACHARIAS VP HUMAN RESOURCES	(i) (ii)	364,448 ------------- 0	50,000 ------------- 0	48,873 ------------- 0	80,895 ------------- 0	36,755 ------------- 0	580,971 ------------- 0	0 ------------- 0
13DEBRA ZUMWALT VP GENERAL COUNSEL	(i) (ii)	696,366 ------------- 0	0 ------------- 0	0 ------------- 0	273,118 ------------- 0	11,829 ------------- 0	981,313 ------------- 0	0 ------------- 0
14JOHN ETCHEMENDY PROVOST (FORMER)	(i) (ii)	750,399 ------------- 0	0 ------------- 0	18,639 ------------- 0	482,448 ------------- 0	69,176 ------------- 0	1,320,662 ------------- 0	0 ------------- 0
15JOHN HENNESSY PRESIDENT (FORMER)	(i) (ii)	930,818 ------------- 0	0 ------------- 0	1,402,054 ------------- 0	577,070 ------------- 0	31,393 ------------- 0	2,941,335 ------------- 0	486,236 ------------- 0
16PHILIP A PIZZO PROF & FORMER DEAN, SCH OF MED	(i) (ii)	478,271 ------------- 0	10,625 ------------- 0	13,768 ------------- 0	27,000 ------------- 0	7,003 ------------- 0	536,667 ------------- 0	0 ------------- 0
17LLOYD B MINOR DEAN, SCHOOL OF MEDICINE	(i) (ii)	1,467,861 ------------- 0	250,000 ------------- 0	1,925,159 ------------- 0	124,300 ------------- 0	39,518 ------------- 0	3,806,838 ------------- 0	1,306,452 ------------- 0
18RICHARD SALLER DEAN, SCHOOL OF HUM & SCIENCES	(i) (ii)	615,769 ------------- 0	0 ------------- 0	1,279 ------------- 0	27,417 ------------- 0	16,684 ------------- 0	661,149 ------------- 0	0 ------------- 0
19DAVID SHAW DIRECTOR OF FOOTBALL	(i) (ii)	3,151,048 ------------- 0	620,000 ------------- 0	360,760 ------------- 0	437,056 ------------- 0	44,843 ------------- 0	4,613,707 ------------- 0	242,188 ------------- 0
20FRANK HANLEY CHIEF, PED CARDIOTHORACIC	(i) (ii)	1,906,773 ------------- 0	2,063,542 ------------- 0	393 ------------- 0	27,000 ------------- 0	23,753 ------------- 0	4,021,461 ------------- 0	0 ------------- 0
21YIPING WOO PROF. & CHAIR, CARDIO SURGERY	(i) (ii)	1,385,088 ------------- 0	997,644 ------------- 0	24,474 ------------- 0	24,097 ------------- 0	65,821 ------------- 0	2,497,124 ------------- 0	0 ------------- 0
22GREG MILANI SR. MANAGING DIRECTOR, SMC	(i) (ii)	661,610 ------------- 0	1,289,983 ------------- 0	188,078 ------------- 0	316,301 ------------- 0	30,635 ------------- 0	2,486,607 ------------- 0	0 ------------- 0
23GARY K STEINBERG PROFESSOR, NEUROSURGERY & NEUR	(i) (ii)	845,676 ------------- 0	1,014,280 ------------- 0	0 ------------- 0	27,000 ------------- 0	23,855 ------------- 0	1,910,811 ------------- 0	0 ------------- 0

Schedule J (Form 990) 2019

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
PART I, LINE 1A	FIRST-CLASS, COMPANION AND CHARTER TRAVEL STANFORD UNIVERSITY TRAVEL POLICY GENERALLY REQUIRES ALL EMPLOYEES, INCLUDING PERSONS LISTED ON FORM 990, PART VII, LINE 1A, TO USE THE MOST ECONOMICAL MODE OF TRANSPORTATION AVAILABLE CONSISTENT WITH THE AUTHORIZED BUSINESS PURPOSE OF THE TRAVEL. FIRST CLASS TRAVEL IS AUTHORIZED IN SOME INSTANCES, SUCH AS ON INTERNATIONAL FLIGHTS OVER A CERTAIN LENGTH, IF NO BUSINESS CLASS SERVICE IS AVAILABLE ON THE FLIGHT. FIRST CLASS TRAVEL IS ALSO AUTHORIZED IN CASE OF A MEDICAL NEED OR OTHER EXIGENCY APPROVED BY THE PROVOST. IN ADDITION, THE PRESIDENT HAS PERMISSION TO FLY FIRST CLASS ON CERTAIN DOMESTIC FLIGHTS DEPENDING ON LENGTH. OCCASIONALLY, THE UNIVERSITY MAY PURCHASE CHARTERED AIRCRAFT SERVICES WHEN DEEMED APPROPRIATE FOR THE CONDUCT OF UNIVERSITY BUSINESS AND PURSUANT TO UNIVERSITY POLICY RELATED TO CHARTER TRAVEL. IN COMPLIANCE WITH THE UNIVERSITY'S TRAVEL POLICY DESCRIBED ABOVE, ONE PERSON LISTED ON PART VII USED CHARTERED AIRCRAFT SERVICES AND NO INDIVIDUALS LISTED ON PART VII USED FIRST CLASS TRAVEL SERVICES DURING CALENDAR YEAR 2017. IN GENERAL, COMPANION TRAVEL IS REIMBURSABLE ONLY IF THE ACCOMPANYING PERSON HAS A POSITION WITH THE UNIVERSITY AND IS TRAVELING TO MAKE A SIGNIFICANT CONTRIBUTION IN FURTHERANCE OF UNIVERSITY BUSINESS. EXCEPTIONS TO THIS POLICY ARE RARE AND MUST BE APPROVED IN ADVANCE OF TRAVEL BY THE PROVOST. ONE PERSON LISTED ON PART VII RECEIVED COMPANION TRAVEL DURING CALENDAR YEAR 2017 THAT WAS IN FURTHERANCE OF UNIVERSITY'S BUSINESS AND CONSIDERED NON-TAXABLE. PRESIDENT AND PROVOST HOUSING/PERSONAL SERVICES AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY, THE PRESIDENT IS REQUIRED TO LIVE IN THE LOU HENRY HOOVER HOUSE ON CAMPUS. THE RESIDENCE IS USED FREQUENTLY FOR UNIVERSITY BUSINESS INCLUDING OFFICIAL GATHERINGS OF FACULTY, STAFF, STUDENTS, ALUMNI, DONORS AND THEIR FAMILIES. AS PART OF A PROGRAM OF APPROPRIATE AND REGULAR MAINTENANCE OF THIS HOUSE, THE UNIVERSITY PROVIDES CLEANING SERVICE FOR THE PUBLIC AND PRIVATE AREAS. THE LOU HENRY HOOVER HOUSE WAS CLOSED FOR RENOVATION FROM AUGUST 31, 2016 UNTIL AUGUST 2017. DURING THE RENOVATION TIME, PRESIDENT MARC TESSIER-LAVIGNE WAS REQUIRED TO LIVE ON CAMPUS IN TEMPORARY HOUSING AS A CONDITION OF HIS EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY. HE THEN MOVED INTO THE LOU HENRY HOOVER HOUSE ON AUGUST 19, 2017. FOR PRESIDENT MARC TESSIER-LAVIGNE, THE UNIVERSITY HAS INCLUDED AS NONTAXABLE COMPENSATION IN COLUMN D THE FULL ESTIMATED RENTAL VALUE OF THE TEMPORARY RESIDENCE THROUGH AUGUST 18, 2017 AND BEGINNING AUGUST 19, 2017, ESTIMATED RENTAL VALUE OF THE AREAS OF LOU HENRY HOOVER HOUSE RESERVED FOR THE PERSONAL USE OF THE PRESIDENT BASED UPON THE PREVAILING RENTAL RATES IN THE LOCAL AREA AND ACTUAL COSTS OF RELATED SERVICES, INCLUDING MAINTENANCE, CLEANING AND UTILITIES DURING CALENDAR YEAR 2017. AS A CONDITION OF EMPLOYMENT AS PROVOST OF THE UNIVERSITY AND FOR THE CONVENIENCE OF THE UNIVERSITY, THE PROVOST IS REQUIRED TO LIVE IN THE MEYER-BUCK HOUSE ON CAMPUS. THE RESIDENCE IS USED FREQUENTLY FOR UNIVERSITY BUSINESS INCLUDING OFFICIAL GATHERINGS OF FACULTY, STAFF, STUDENTS, ALUMNI, DONORS AND THEIR FAMILIES. AS PART OF A PROGRAM OF APPROPRIATE AND REGULAR MAINTENANCE OF THIS HOUSE, THE UNIVERSITY PROVIDED CLEANING SERVICE FOR THE PUBLIC AND PRIVATE AREAS. FORMER PROVOST ETCHEMENDY RESIDED IN THE MEYER-BUCK HOUSE UNTIL MAY 26, 2017. THE UNIVERSITY HAS INCLUDED AS NONTAXABLE COMPENSATION IN COLUMN D THE ESTIMATED RENTAL VALUE OF THE AREAS OF THIS RESIDENCE RESERVED FOR THE PERSONAL USE OF THE PROVOST, BASED UPON THE PREVAILING RENTAL RATES IN THE LOCAL AREA AND ACTUAL COSTS OF RELATED SERVICES, INCLUDING MAINTENANCE, CLEANING AND UTILITIES, FOR THE FIVE MONTHS OF CALENDAR YEAR 2017. PROVOST PERSIS DRELL RESIDED IN THE MEYER-BUCK HOUSE BEGINNING DECEMBER 16, 2017. THE UNIVERSITY HAS INCLUDED AS NONTAXABLE COMPENSATION IN COLUMN D THE ESTIMATED RENTAL VALUE OF THE AREAS OF THIS RESIDENCE RESERVED FOR THE PERSONAL USE OF THE PROVOST, BASED UPON THE PREVAILING RENTAL RATES IN THE LOCAL AREA AND ACTUAL COSTS OF RELATED SERVICES, INCLUDING MAINTENANCE, CLEANING AND UTILITIES FOR 15 DAYS OF CALENDAR YEAR 2017. THE FOLLOWING INDIVIDUALS RECEIVED TAXABLE HOUSING BENEFITS DURING CALENDAR YEAR 2017: HARRY ELAM, JOHN ETCHEMENDY, LLOYD B. MINOR, WILLIAM MADIA, RICHARD SALLER, DAVID SHAW, MARTIN SHELL, ROBERT F. WALLACE, YIPING WOO, AND ELIZABETH ZACHARIAS. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III). PART I, LINE 4A SEVERANCE PLAN CERTAIN LISTED INDIVIDUALS ARE ELIGIBLE FOR THE UNIVERSITY-APPROVED SEVERANCE PLAN THAT PROVIDES FOR PAYMENT BASED ON THE INDIVIDUAL'S YEARS OF SERVICE. DURING CALENDAR YEAR 2017, NO SEVERANCE PAYMENT WAS MADE TO AN INDIVIDUAL LISTED ON PART VII SECTION A LINE 1A. PART I, LINE 4B DEFERRED COMPENSATION PLAN PROVISIONS CERTAIN OFFICERS AND OTHERS LISTED IN PART VII, SECTION A, LINE 1A PARTICIPATE IN A DEFERRED COMPENSATION PLAN. AMOUNTS ARE CREDITED TO THE PLAN BASED ON PERFORMANCE AND CERTAIN OTHER FACTORS. PLAN BALANCES ARE SUBJECT TO FORFEITURE AND/OR PAYMENT IF CERTAIN CONDITIONS ARE MET. CERTAIN BONUS AMOUNTS MAY BE DEFERRED AND PAID IN A LATER YEAR SUBJECT TO IRC SECTION 457(F). IN GENERAL, PER THE INSTRUCTIONS FOR SCHEDULE J, PART II, COLUMN (C), DEFERRED COMPENSATION IS TREATED AS EARNED RATABLY OVER THE PERIOD OF SERVICE REQUIRED FOR VESTING. A MONTHLY CONVENTION HAS BEEN USED TO PRORATE AMOUNTS OVER THE APPLICABLE VESTING PERIOD. COLUMN (C) DOES NOT INCLUDE AMOUNTS DEFERRED IN A CALENDAR YEAR TO A DATE ON OR BEFORE MARCH 15TH OF THE FOLLOWING CALENDAR YEAR. THE NET EFFECT OF APPLYING THE FOREGOING RULES AND CONVENTIONS, AND DIFFERING VESTING SCHEDULES, IS THAT DEFERRED COMPENSATION REPORTED IN COLUMN (C) FOR AN INDIVIDUAL MAY VARY OVER TIME. DEFERRED COMPENSATION IS REPORTED IN SCHEDULE J, PART II, COLUMN (C), AS DESCRIBED ABOVE, AND IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) AND COLUMN (F) IN THE YEAR OF PAYMENT, IF APPLICABLE. FOR PRESIDENT HENNESSY, THE AMOUNT REPORTED IN COLUMN F REPRESENTS ONE THIRD OF THE TOTAL AMOUNT REPORTED AS DEFERRED COMPENSATION ON PRIOR YEAR FORMS 990. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENT FROM THEIR DEFERRED COMPENSATION ACCOUNT DURING CALENDAR YEAR 2017: JOHN HENNESSY $1,399,304; GREG MILANI $187,398; LLOYD MINOR $1,804,368; DAVID SHAW $289,790; ROBERT WALLACE $504,339; HOWARD WOLF $38,623. IN ADDITION, GREG MILANI EARNED $151,456 IN DEFERRED COMPENSATION DURING CALENDAR YEAR 2016. SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) THE UNIVERSITY PROVIDES PRESIDENT MARC TESSIER-LAVIGNE WITH A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO SUPPLEMENT HIS OTHER RETIREMENT BENEFITS. THE SERP WILL BE EARNED GRADUALLY OVER HIS TERM OF SERVICE AS PRESIDENT. BY CONTINUING TO SERVE AS PRESIDENT IN FY2018, THE PRESIDENT BECAME ELIGIBLE TO RECEIVE A BENEFIT EQUAL IN VALUE TO AN ANNUAL PAYMENT FOR LIFE OF 4% OF HIS HIGHEST THREE YEAR AVERAGE BASE PAY AS PRESIDENT. THIS SERP BENEFIT REMAINS SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET. THE VALUE OF THE BENEFIT ACCRUED UNDER THE SERP FOR THE YEAR ENDED DECEMBER 31, 2017 WAS $215,368. THE UNIVERSITY ALSO PROVIDED FORMER PRESIDENT JOHN HENNESSY WITH TWO SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (SERPS) DURING HIS TERM OF SERVICE AS AN OFFICER TO SUPPLEMENT HIS SOCIAL SECURITY AND 403(B) RETIREMENT BENEFITS. BOTH SERPS WERE EARNED GRADUALLY OVER SPECIFIED PERIODS DURING HIS TERM OF SERVICE AS AN OFFICER. THE FIRST SERP WAS EARNED OVER THE 12 YEARS ENDING AUGUST 31, 2012. BY SERVING IN HIS POSITION THROUGH AUGUST 31, 2012, THE FORMER PRESIDENT BECAME ELIGIBLE TO RECEIVE A BENEFIT EQUAL IN VALUE TO AN ANNUAL PAYMENT FOR LIFE OF 35.5% OF HIS HIGHEST THREE YEAR AVERAGE BASE PAY DURING THE 12 YEAR PERIOD, OFFSET BY THE ANNUITY EQUIVALENT OF HIS ANTICIPATED SOCIAL SECURITY BENEFIT AND AMOUNTS CONTRIBUTED BY THE UNIVERSITY DIRECTLY TO HIS 403(B) DEFINED CONTRIBUTION RETIREMENT PLAN WHILE HE WAS AN OFFICER. THIS SERP WAS AMENDED ON FEBRUARY 28, 2017 TO PROVIDE FOR AN INCREASE IN VALUE TO REFLECT THE INCREASE IN THE FORMER PRESIDENT'S HIGHEST THREE YEAR AVERAGE BASE PAY THROUGH AUGUST 31, 2016. THE VALUE OF THIS INCREASE WAS $550,070. THIS SERP BENEFIT REMAINS SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET. THE SECOND SERP PROVIDED THAT THE FORMER PRESIDENT WAS ELIGIBLE TO RECEIVE A BENEFIT EQUAL IN VALUE TO AN ANNUAL PAYMENT FOR LIFE OF 2% OF HIS HIGHEST THREE YEAR AVERAGE BASE PAY FOR EACH FISCAL YEAR FROM FY2013 THROUGH FY2018 DURING WHICH HE SERVED AS PRESIDENT. BY CONTINUING TO SERVE AS PRESIDENT IN FY2016, THE FORMER PRESIDENT BECAME ELIGIBLE TO RECEIVE A BENEFIT EQUAL IN VALUE TO AN ANNUAL PAYMENT FOR LIFE OF 8% OF HIS HIGHEST THREE YEAR AVERAGE BASE PAY. THIS SERP BENEFIT REMAINS SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET. THE UNIVERSITY ALSO PROVIDED FORMER PROVOST JOHN ETCHEMENDY WITH A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO SUPPLE
PART I, LINE 7 AND PART II, COLUMN (B) (II)	VARIABLE COMPENSATION OF SCHOOL OF MEDICINE FACULTY TOTAL COMPENSATION FOR FACULTY IN THE SCHOOL OF MEDICINE IS MADE UP OF THE FOLLOWING INTEGRAL COMPONENTS: SALARY AND BENEFITS, ADMINISTRATIVE SUPPLEMENTS, AND BONUSES AWARDED UNDER DEPARTMENTAL PLANS. BASE SALARY IS BASED ON ACADEMIC RANK (E.G., PROFESSOR, ASSISTANT PROFESSOR). A VARIABLE COMPONENT OF SALARY IS DETERMINED BY THE CONTRIBUTION OF THE INDIVIDUAL TO THE DEPARTMENT/DIVISION AND THE CLINICAL SPECIALTY OF THE FACULTY MEMBER. OTHER SALARY SUPPLEMENTS ARE OCCASIONALLY USED TO PROVIDE FOR COMPENSATION GIVEN UP BY A FACULTY MEMBER WHEN ASSUMING A POSITION AT STANFORD. ADMINISTRATIVE SUPPLEMENTS ARE PAID TO FACULTY WHO TAKE ON DUTIES WHICH ARE OUTSIDE THEIR USUAL FACULTY RESPONSIBILITIES AND OUTSIDE NORMAL COMMITTEE WORK. INCENTIVE BONUSES ARE CONSIDERED A FUNDAMENTAL COMPONENT OF TOTAL COMPENSATION. THEY ARE PAID OUT BY THE DEPARTMENTS BASED ON THE DEPARTMENTS' INCENTIVE BONUS PLAN MEASURING THE FACULTY MEMBER'S EFFORTS IN ADMINISTRATIVE LEADERSHIP, CLINICAL, RESEARCH, AND/OR TEACHING AREAS AS DEFINED BY THE PLAN. IN ADDITION, THE DEAN HAS A BONUS PLAN FOR CLINICAL CHAIRS BASED ON ACHIEVEMENT OF LEADERSHIP GOALS. SOME DEPARTMENTS HAVE "ON-CALL"COVERAGE" BONUSES TO PROVIDE COMPENSATION FOR A FACULTY MEMBER'S PROVIDING OFF-HOURS COVERAGE. VARIABLE COMPENSATION OF INVESTMENT PROFESSIONALS A PORTION OF THE COMPENSATION PAID TO EACH LISTED INVESTMENT PROFESSIONAL AT STANFORD MANAGEMENT COMPANY (SMC) IS BASED ON A COMBINATION OF THREE FACTORS: MERGED POOL ANNUALIZED PERFORMANCE VERSUS A BENCHMARK PORTFOLIO, MERGED POOL ANNUALIZED PERFORMANCE VERSUS THE PERFORMANCE OF CERTAIN OTHER COLLEGE AND UNIVERSITY ENDOWMENT INVESTMENT POOLS IN THE UNITED STATES, AND INDIVIDUAL PERFORMANCE. VARIABLE COMPENSATION OF ATHLETICS PROFESSIONALS LISTED ATHLETICS PROFESSIONALS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON FACTORS INCLUDING THE ACADEMIC PERFORMANCE OF THE STUDENT-ATHLETES, ATHLETIC PERFORMANCE, ATTENDANCE AT ATHLETIC EVENTS, AND/OR LEADERSHIP, AS PROVIDED IN THE PROFESSIONALS' COMPENSATION AGREEMENTS. PART II, COLUMNS (A) THROUGH (F) VARIABLE COMPENSATION OF OFFICERS AND OTHERS OFFICERS AND OTHERS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON PERFORMANCE. CURRENT YEAR BONUS AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(II). CERTAIN BONUS AMOUNTS MAY BE DEFERRED AND PAID IN A LATER YEAR SUBJECT TO IRC SECTION 457(F). SUCH AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C) RATABLY OVER THE PERIOD OF TIME REQUIRED FOR VESTING AND REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) AND COLUMN (F) IN THE YEAR OF PAYMENT, IF APPLICABLE.
PART II, COLUMN (B) (iii)	OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(III) INCLUDES HOUSING ASSISTANCE AND OTHER MISCELLANEOUS COMPENSATION. THIS DOES NOT INCLUDE VARIOUS ITEMS OF "LISTED PROPERTY" (E.G., COMPUTERS AND PERIPHERALS) THAT STANFORD HAS PROVIDED TO THE ABOVE LISTED EMPLOYEES PRINCIPALLY FOR THEIR BUSINESS USE AND NOT AS COMPENSATION. PART II, COLUMNS (C) AND (D) LISTED PERSONS ACCRUE FUTURE BENEFITS THAT ARE AVAILABLE TO ALL STANFORD EMPLOYEES, SUCH AS POST-RETIREMENT MEDICAL INSURANCE AND TUITION BENEFITS, AND LISTED PERSONS WHO ARE ALSO FACULTY ACCRUE FUTURE FACULTY BENEFITS SUCH AS SABBATICAL AND TENURE BUYOUT PROVISIONS. THESE BENEFITS ARE SUBJECT TO CERTAIN ELIGIBILITY REQUIREMENTS SUCH AS AGE, YEARS OF SERVICE, AND EMPLOYEE CLASSIFICATION. FOR SOME BENEFIT PLANS, THE UNIVERSITY RESERVES THE RIGHT TO CHANGE ELIGIBILITY REQUIREMENTS AND/OR THE NATURE AND EXTENT OF THE BENEFIT BEING PROMISED. THE VALUE OF THESE BENEFITS IS REPORTED FOR EACH LISTED PERSON IN THE YEAR, IF ANY, SUCH BENEFITS ARE RECEIVED. PART II, COLUMN (F) AMOUNTS APPEARING IN COLUMN (F) ARE DEFERRED COMPENSATION PAYMENTS REPORTED IN COLUMN (C) IN PRIOR YEARS AND THAT ARE REPORTED (A SECOND TIME) IN COLUMN (B)(III) IN THE CURRENT YEAR.

Schedule J (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

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

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number
94-1156365

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY CP	52-1705592	13018AXY1	04-11-2017	300,000,000	SEE SCHEDULE O		X		X		X
B	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY S	52-1705592	130175P89	06-24-2004	181,196,530	SEE SCHEDULE O		X		X		X
C	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-1&3	52-1705592	130178JD9	06-19-2007	153,277,097	SEE SCHEDULE O		X		X		X
D	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-5	52-1705592	130178TQ9	08-04-2009	59,147,724	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-1	52-1705592	130178VU7	05-06-2010	251,631,228	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-2	52-1705592	130178M86	04-17-2012	99,193,766	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-3	52-1705592	130178X76	05-15-2013	351,795,122	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES SERIES U-4	52-1705592	130178X84	05-15-2013	52,773,978	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES SERIES U-5	52-1705592	1301783X2	05-14-2014	150,450,962	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-6	52-1705592	1301783W4	05-14-2014	350,002,728	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-7	52-1705592	130179GV0	06-22-2016	250,000,550	SEE SCHEDULE O		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	0		9,790,000		0		0
2 Amount of bonds legally defeased ..............	0		0		0		0
3 Total proceeds of issue ..................	300,000,263		182,429,497		156,107,342		59,148,032
4 Gross proceeds in reserve funds .............	0		0		0		0
5 Capitalized interest from proceeds .............	10,838		1,198,734		595,440		0
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	0		992,205		661,216		1,644
8 Credit enhancement from proceeds .............	0		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	130,000,000		147,790,592		64,355,560		0
11 Other spent proceeds .............	263		32,447,966		90,495,126		59,146,388
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2012		2006		2009		2003
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2018, a current refunding issue)? ........
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2018, an advance refunding issue)? ........
16 Has the final allocation of proceeds been made? ..........		X	X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

Part Ⅲ

Private Business Use

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

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

Cat. No. 50193E

Schedule K (Form 990) 2019

Page 2

Part Ⅲ

Private Business Use (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............	X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?	X		X		X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..	0 %		0 %		0 %
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............		X		X		X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, 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		0		0		0
c Term of hedge .........
d Was the hedge superintegrated? ......
e Was the hedge terminated? ........

Schedule K (Form 990) 2019

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

TAX-EXEMPT BONDS FOR MORE THAN 30 YEARS, STANFORD AND THE MANY COMMUNITIES AND CONSTITUENCIES IT SERVES HAVE BENEFITED FROM TAX-EXEMPT BORROWING THROUGH THE CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY. THE UNIVERSITY USES GENEROUS DONOR GIFTS, UNIVERSITY RESERVES AND TAXABLE DEBT, IN ADDITION TO PROCEEDS FROM TAX EXEMPT BORROWING, TO FUND THE CONSTRUCTION OF ACADEMIC BUILDINGS, RESEARCH SUPPORT FACILITIES, RESIDENCES AND OTHER CAMPUS HOUSING, ROADS AND INFRASTRUCTURE. THESE FACILITIES HAVE, IN TURN, ENABLED THE UNIVERSITY TO ATTRACT OUTSTANDING FACULTY AND STUDENTS AND TO MORE EFFECTIVELY PERFORM INTERDISCIPLINARY RESEARCH DESIGNED TO ADDRESS FUNDAMENTAL WORLD PROBLEMS. THE NEW FACILITIES PROVIDE THE STANFORD COMMUNITY WITH THE MOST ADVANCED TECHNOLOGY AND ENVIRONMENT FOR TEACHING, LEARNING AND RESEARCH. THE FUNDING ALSO HAS PLAYED A KEY ROLE IN ENABLING STANFORD TO MEET SEISMIC AND OTHER FEDERAL AND STATE BUILDING REQUIREMENTS. THE FOLLOWING ARE EXAMPLES OF BUILDINGS FUNDED IN PART THROUGH TAX-EXEMPT DEBT: I. THE YANG YAMAZAKI ENVIRONMENTAL AND ENERGY BUILDING (Y2E2) IS THE HUB OF STANFORD'S ENVIRONMENTAL SUSTAINABILITY TEACHING AND RESEARCH. IT IS A MODEL FOR SUSTAINABILITY BUILDING STANDARDS, USING 37 PERCENT LESS ENERGY AND 90 PERCENT LESS POTABLE WATER THAN A TRADITIONALLY CONSTRUCTED BUILDING OF ITS SIZE. Y2E2 WAS THE FIRST CAMPUS BUILDING TO ACHIEVE LEED-EBOM (EXISTING BUILDING: OPERATIONS AND MAINTENANCE) PLATINUM CERTIFICATION. II. THE LI KA SHING CENTER FOR LEARNING AND KNOWLEDGE BRINGS TOGETHER CUTTING-EDGE MEDICINE, MODERN EDUCATION AND ADVANCED TECHNOLOGY TO TRAIN THE PHYSICIANS OF TOMORROW. MEDICAL STUDENTS PRACTICE LIFE-SAVING SKILLS IN REALISTIC SIMULATIONS AND LEARN TO APPLY RESEARCH TO BEDSIDE TREATMENTS. THE CENTER IS A GATHERING PLACE FOR MEDICAL EXPERTS TO SHARE RESEARCH AND HEALTH CARE INSIGHTS AND TO BRING THEIR COMBINED EXPERTISE TO BEAR ON THE WORLD'S GREATEST HEALTH CHALLENGES. III. THE JAMES AND ANNA MARIE SPILKER ENGINEERING AND APPLIED SCIENCES BUILDING FOSTERS COLLABORATIVE DEVELOPMENT IN THE BURGEONING FIELD OF NANOTECHNOLOGY. RESEARCH ACTIVITIES SPAN A BROAD RANGE OF AREAS FROM PHOTONICS AND QUANTUM ENGINEERING TO SINGLE-MOLECULE BIOPHYSICS AND EXPLORATION OF NANOSCALE PROPERTIES AND DEVICES WITH POTENTIAL APPLICATIONS AS DIVERSE AS WATER PURIFICATION, ENERGY CONSERVATION, DRUG DELIVERY AND NATIONAL SECURITY. IV. THE HUANG ENGINEERING CENTER HOUSES THE SCHOOL OF ENGINEERING, WHOSE TIES TO THE HIGH-TECHNOLOGY INDUSTRY CONTINUE TO FUEL THE GROWTH AND ECONOMY OF SILICON VALLEY AND NORTHERN CALIFORNIA. THE SCHOOL OF ENGINEERING IS WORLD RENOWNED FOR PUSHING THE FRONTIERS OF MODERN SCIENCE AND ENGINEERING, ESPECIALLY IN THE FIELDS OF COMPUTER SCIENCE, BIOENGINEERING AND ENVIRONMENTAL SUSTAINABILITY. V. THE LORRY I. LOKEY STEM CELL RESEARCH BUILDING IS THE LARGEST DEDICATED STEM CELL RESEARCH BUILDING IN THE COUNTRY. THE BUILDING HOUSES THE STANFORD STEM CELL BIOLOGY AND REGENERATIVE MEDICINE INSTITUTE, WHICH INTEGRATES RESEARCHERS FROM CANCER, NEUROSCIENCE, CARDIOVASCULAR MEDICINE, TRANSPLANTATION, IMMUNOLOGY, BIOENGINEERING AND DEVELOPMENTAL BIOLOGY. ALL ARE FOCUSED ON MAKING DISCOVERIES IN STEM CELL RESEARCH AND QUICKLY TRANSLATING THEM INTO PRECLINICAL APPLICATIONS, INNOVATIVE THERAPIES AND TREATMENTS. VI. THE MUNGER GRADUATE RESIDENCE IS A FIVE-BUILDING, 358 UNIT RESIDENTIAL COMPLEX FOR APPROXIMATELY 600 STANFORD LAW AND OTHER GRADUATE STUDENTS. IT IS A SIGNIFICANT INVESTMENT BY STANFORD IN MITIGATING TRAFFIC AND OTHER ENVIRONMENTAL CONCERNS AS IT GREATLY REDUCES THE NUMBER OF PEOPLE DRIVING TO CAMPUS DAILY. VII. THE WILLIAM H. NEUKOM BUILDING, WHICH HOUSES THE CLINICS OF THE STANFORD LAW SCHOOL, OPENED IN 2011 AND WAS BUILT TO SATISFY THE EQUIVALENT OF A LEED GOLD CERTIFICATION FOR SUSTAINABILITY. THE BUILDING USES 30 PERCENT LESS ENERGY THAN REQUIRED BY CODE. THE BUILDING HOUSES THE MILLS LEGAL CLINIC, WHICH INCLUDES 11 CLINICS THAT TEACH THROUGH EXPERIENTIAL EDUCATION. LAW STUDENTS LEARN THE PRACTICE OF LAW BY REPRESENTING, FOR INSTANCE, LOW-INCOME OR INDIGENT PEOPLE IN CIVIL AND CRIMINAL LITIGATIONS, AND BY PROVIDING LEGAL COUNSEL ON ENVIRONMENTAL ISSUES, INTELLECTUAL PROPERTY, HUMAN RIGHTS, IMMIGRATION, NONPROFIT CORPORATE GOVERNANCE, EDUCATION, AND RELIGIOUS FREEDOM. VIII. STANFORD ENERGY SYSTEM INNOVATIONS (SESI) IS A STATE-OF-THE-ART ENERGY SYSTEM EMPLOYING HEAT RECOVERY, RENEWABLE ELECTRICITY, AND ADVANCED CONTROLS TO SERVE THE POWER, HEATING AND COOLING NEEDS OF THE UNIVERSITY. IT INCLUDES A CENTRAL ENERGY FACILITY AND ELECTRICAL SUBSTATION, ENERGY DISTRIBUTION INFRASTRUCTURE AND MARKET-BASED ENERGY PROCUREMENT PROGRAM. SESI REDUCES STANFORD'S GREENHOUSE GAS EMISSIONS BY 68% AND WATER USE BY 15%. SESI HAS RECEIVED THE HIGHEST HONORS AT THE REGIONAL, STATE AND NATIONAL LEVELS FOR ENERGY ECONOMICS, EFFICIENCY AND SUSTAINABILITY, INCLUDING THE STATE OF CALIFORNIA GOVERNOR'S ENVIRONMENT AND ECONOMIC LEADERSHIP AWARD AND THE ENERGY EFFICIENCY GLOBAL FORUM, ALLIANCE TO SAVE ENERGY: ENERGY EFFICIENCY VISIONARY AWARD, AMONG OTHERS. IX. THE SAPP CENTER FOR TEACHING AND LEARNING OFFERS ADAPTIVE CLASSROOMS FOR CHEMISTRY AND BIOLOGY, RECOGNIZING THEIR INEXTRICABLE LINK IN LIFE SCIENCES' RESEARCH AND IN MEDICINE. IT ALLOWS STUDENTS TO BUILD STRONG FOUNDATIONS IN THESE SCIENCES AND LEARN TO THINK CREATIVELY ACROSS DISCIPLINES. THE 60,000 SQUARE FOOT BUILDING INCLUDES A 300 SEAT AUDITORIUM, LABORATORY SPACE, A SCIENCE LIBRARY COMBINING THE UNIVERSITY'S BIOLOGY, CHEMISTRY, MATHEMATICS, STATISTICS AND CHEMICAL ENGINEERING COLLECTIONS AND AMPLE STUDY SPACE. FORM 990, SCHEDULE K, PART I, COLUMN C CUSIP NUMBER CEFA TAX EXEMPT COMMERCIAL PAPER ("TECP") DATED 4/11/17 WAS ASSIGNED A UNIQUE BLOCK OF 900 CUSIP NUMBERS UPON ISSUANCE. A NEW CUSIP NUMBER IS ASSIGNED TO EACH TRANCHE OF TECP THAT IS ISSUED. THE CUSIP NUMBER LISTED IS THE FIRST CUSIP NUMBER IN THE SERIES AND WAS ASSIGNED AT THE ISSUANCE DATE, 4/11/17. FORM 990, SCHEDULE K, PART I, COLUMN F DESCRIPTION OF PURPOSE FOR TAX-EXEMPT BONDS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY CP - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES. B. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY S - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES. REFUND CEFA SERIES L-8 ISSUED 10/31/2000, REFUND CEFA SERIES L-9 ISSUED 10/31/2000, REFUND CEFA TAX EXEMPT COMMERCIAL PAPER REVENUE NOTES ISSUED 3/18/03. CONVERSION OF SERIES S BONDS ON MAY 15, 2013 FROM VARIABLE RATE TO FIXED RATE AND CANCELLATION OF $9,790,000 AGGREGATE PRINCIPAL AMOUNT OF THE BONDS. COSTS OF ISSUANCE. C. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-1 AND T-3 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND CEFA TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. COSTS OF ISSUANCE. D. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-5 - ADVANCE REFUND $59,180,000 OF CEFA SERIES P REVENUE BONDS - ISSUED MARCH 30, 1999. E. CALIFORNIA EDUCATIONAL FACILITES AUTHORITY U-1 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND CEFA TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. COSTS OF ISSUANCE. F. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-2 - REFUND TAXABLE COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES THAT WERE USED TO REFUND CEFA SERIES Q ISSUED ON 5/3/2001. COSTS OF ISSUANCE. G. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-3 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND CEFA TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. COSTS OF ISSUANCE. H. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-4 - ADVANCE REFUND CEFA SERIES P BONDS ISSUED ON 3/30/1999 AND PAY COSTS OF ISSUANCE. I. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-5 - REFUND TAXABLE COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES THAT WERE USED TO REFUND CEFA SERIES T-4 ISSUED ON MAY 15, 2008. J. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-6 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. K. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-7 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. FORM 990, SCHEDULE K, PART II COMMERCIAL PAPER DEBT FOR CEFA CP, PART II, LINE 3 IS THE MAXIMUM AMOUNT OF COMMERCIAL PAPER THAT IS AUTHORIZED UNDER THAT ISSUE. ADDITIONAL AMOUNTS SPENT REPRESENT INVESTMENT EARNINGS. FORM 990, SCHEDULE K, PART II, LINE 3 TOTAL PROCEEDS THE DIFFERENCE BETWEEN LINE 3 AND SCHEDULE K, PART I, COLUMN (E) AMOUNTS REPRESENTS INVESTMENT EARNINGS. FORM 990, SCHEDULE K, PART III REFINANCING CEFA SERIES T-5, U-2, U-4 & U-5 PROCEEDS WERE USED TO REFINANCE DEBT ISSUED PRIOR TO JANUARY 1, 2003. ACCORDINGLY, PART III IS NOT COMPLETED FOR THESE ISSUES. FORM 990, SCHEDULE K, PART III, LINES 4-5 PRIVATE BUSINESS USE STANFORD UNI

Schedule K (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

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

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number
94-1156365

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY CP	52-1705592	13018AXY1	04-11-2017	300,000,000	SEE SCHEDULE O		X		X		X
B	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY S	52-1705592	130175P89	06-24-2004	181,196,530	SEE SCHEDULE O		X		X		X
C	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-1&3	52-1705592	130178JD9	06-19-2007	153,277,097	SEE SCHEDULE O		X		X		X
D	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-5	52-1705592	130178TQ9	08-04-2009	59,147,724	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-1	52-1705592	130178VU7	05-06-2010	251,631,228	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-2	52-1705592	130178M86	04-17-2012	99,193,766	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-3	52-1705592	130178X76	05-15-2013	351,795,122	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES SERIES U-4	52-1705592	130178X84	05-15-2013	52,773,978	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES SERIES U-5	52-1705592	1301783X2	05-14-2014	150,450,962	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-6	52-1705592	1301783W4	05-14-2014	350,002,728	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-7	52-1705592	130179GV0	06-22-2016	250,000,550	SEE SCHEDULE O		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	0		9,790,000		0		0
2 Amount of bonds legally defeased ..............	0		0		0		0
3 Total proceeds of issue ..................	300,000,263		182,429,497		156,107,342		59,148,032
4 Gross proceeds in reserve funds .............	0		0		0		0
5 Capitalized interest from proceeds .............	10,838		1,198,734		595,440		0
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	0		992,205		661,216		1,644
8 Credit enhancement from proceeds .............	0		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	130,000,000		147,790,592		64,355,560		0
11 Other spent proceeds .............	263		32,447,966		90,495,126		59,146,388
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2012		2006		2009		2003
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2018, a current refunding issue)? ........
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2018, an advance refunding issue)? ........
16 Has the final allocation of proceeds been made? ..........		X	X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

Part Ⅲ

Private Business Use

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

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

Cat. No. 50193E

Schedule K (Form 990) 2019

Page 2

Part Ⅲ

Private Business Use (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............	X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?	X		X		X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..	0 %		0 %		0 %
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............		X		X		X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, 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		0		0		0
c Term of hedge .........
d Was the hedge superintegrated? ......
e Was the hedge terminated? ........

Schedule K (Form 990) 2019

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

Schedule K (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

Schedule K
(Form 990)

Department of the Treasury
Internal Revenue Service

Supplemental Information on Tax-Exempt Bonds

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

Attach to Form 990.
SchKMediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number
94-1156365

Part Ⅰ

Bond Issues

(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	(g) Defeased		(h) On behalf of issuer		(i) Pool financing
(a) Issuer name		(b) Issuer EIN	(c) CUSIP #	(d) Date issued	(e) Issue price	(f) Description of purpose	Yes	No	Yes	No	Yes	No
A	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY CP	52-1705592	13018AXY1	04-11-2017	300,000,000	SEE SCHEDULE O		X		X		X
B	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY S	52-1705592	130175P89	06-24-2004	181,196,530	SEE SCHEDULE O		X		X		X
C	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-1&3	52-1705592	130178JD9	06-19-2007	153,277,097	SEE SCHEDULE O		X		X		X
D	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-5	52-1705592	130178TQ9	08-04-2009	59,147,724	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-1	52-1705592	130178VU7	05-06-2010	251,631,228	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-2	52-1705592	130178M86	04-17-2012	99,193,766	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-3	52-1705592	130178X76	05-15-2013	351,795,122	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES SERIES U-4	52-1705592	130178X84	05-15-2013	52,773,978	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES SERIES U-5	52-1705592	1301783X2	05-14-2014	150,450,962	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-6	52-1705592	1301783W4	05-14-2014	350,002,728	SEE SCHEDULE O		X		X		X
	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-7	52-1705592	130179GV0	06-22-2016	250,000,550	SEE SCHEDULE O		X		X		X

Part Ⅱ

Proceeds

	A		B		C		D
	1 Amount of bonds retired ..................	0		9,790,000		0		0
2 Amount of bonds legally defeased ..............	0		0		0		0
3 Total proceeds of issue ..................	300,000,263		182,429,497		156,107,342		59,148,032
4 Gross proceeds in reserve funds .............	0		0		0		0
5 Capitalized interest from proceeds .............	10,838		1,198,734		595,440		0
6 Proceeds in refunding escrows ...............	0		0		0		0
7 Issuance costs from proceeds ...............	0		992,205		661,216		1,644
8 Credit enhancement from proceeds .............	0		0		0		0
9 Working capital expenditures from proceeds .............	0		0		0		0
10 Capital expenditures from proceeds .............	130,000,000		147,790,592		64,355,560		0
11 Other spent proceeds .............	263		32,447,966		90,495,126		59,146,388
12 Other unspent proceeds .............	0		0		0		0
13 Year of substantial completion .............	2012		2006		2009		2003
	Yes	No	Yes	No	Yes	No	Yes	No
14 Were the bonds issued as part of a current refunding issue of tax-exempt bonds (or, if issued prior to 2018, a current refunding issue)? ........
15 Were the bonds issued as part of an advance refunding issue of taxable bonds (or, if issued prior to 2018, an advance refunding issue)? ........
16 Has the final allocation of proceeds been made? ..........		X	X		X		X
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? ..................	X		X		X		X

Part Ⅲ

Private Business Use

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

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

Cat. No. 50193E

Schedule K (Form 990) 2019

Page 2

Part Ⅲ

Private Business Use (Continued)

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
3a Are there any management or service contracts that may result in private business use of bond-financed property? .............	X		X		X
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property?	X		X		X
c Are there any research agreements that may result in private business use of bond-financed property? .............	X		X		X
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property?	X		X		X
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....	0 %		0 %		0 %		0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government .........	0 %		0 %		0 %
6 Total of lines 4 and 5 .............	0 %		0 %		0 %
7 Does the bond issue meet the private security or payment test? ...		X		X		X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............		X		X		X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..	0 %		0 %		0 %
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............		X		X		X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under Regulations sections 1.141-12 and 1.145-2? ........	X		X		X

Part Ⅳ

Arbitrage

	A		B		C		D
	Yes	No	Yes	No	Yes	No	Yes	No
1 Has the issuer filed Form 8038-T, 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		0		0		0
c Term of hedge .........
d Was the hedge superintegrated? ......
e Was the hedge terminated? ........

Schedule K (Form 990) 2019

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

Schedule K (Form 990) 2019

Additional Data

Software ID:
Software Version:

- TIN:

Schedule L
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Transactions with Interested Persons

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

Attach to Form 990 or Form 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Part I

Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and section 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	(c) Description of transaction	(d) Corrected?
1(a) Name of disqualified person	(c) Description of transaction	Yes	No

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

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

Part II

Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-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?
(a) Name of interested person	(b) Relationship with organization	(c) Purpose of loan	To	From	(e) Original principal amount	(f) Balance due	Yes	No	Yes	No	Yes	No
(1) PERSIS DRELL	OFFICER	HOUSING		X	600,000	299,843		No	Yes		Yes
(2) PERSIS DRELL	OFFICER	HOUSING		X	175,000	140,603		No	Yes		Yes
(3) HARRY ELAM	OFFICER	HOUSING		X	600,000	600,000		No	Yes		Yes
(4) HARRY ELAM	OFFICER	HOUSING		X	350,000	350,000		No	Yes		Yes
(5) HARRY ELAM	OFFICER	HOUSING		X	235,000	141,000		No	Yes		Yes
(6) HARRY ELAM	OFFICER	HOUSING		X	150,000	150,000		No	Yes		Yes
(7) JOHN ETCHEMENDY	FORMER OFFICER	HOUSING		X	1,710,000	1,710,000		No	Yes		Yes
(8) LLOYD MINOR	KEY EMPLOYEE	HOUSING		X	780,534	780,534		No	Yes		Yes
(9) LLOYD MINOR	KEY EMPLOYEE	HOUSING		X	719,466	411,123		No	Yes		Yes
(10) PHILIP PIZZO	FORMER KEY EMPLOYEE	HOUSING		X	1,500,000	1,500,000		No	Yes		Yes
(11) PHILIP PIZZO	FORMER KEY EMPLOYEE	HOUSING		X	1,211,800	1,051,851		No	Yes		Yes
(12) RICHARD SALLER	FORMER KEY EMPLOYEE	HOUSING		X	25,000	25,000		No	Yes		Yes
(13) MARTIN SHELL	OFFICER	HOUSING		X	1,000,000	750,000		No	Yes		Yes
(14) ROBERT WALLACE	KEY EMPLOYEE	HOUSING		X	3,000,000	3,000,000		No	Yes		Yes
(15) ROBERT WALLACE	KEY EMPLOYEE	HOUSING		X	700,000	700,000		No	Yes		Yes
(16) ROBERT WALLACE	KEY EMPLOYEE	HOUSING		X	200,000	200,000		No	Yes		Yes
(17) ROBERT WALLACE	KEY EMPLOYEE	HOUSING		X	100,000	70,000		No	Yes		Yes
(18) ELIZABETH ZACHARIAS	OFFICER	HOUSING		X	700,000	700,000		No	Yes		Yes
(19) ELIZABETH ZACHARIAS	OFFICER	HOUSING		X	250,000	250,000		No	Yes		Yes
(20) ELIZABETH ZACHARIAS	OFFICER	HOUSING		X	100,000	100,000		No	Yes		Yes
(21) ELIZABETH ZACHARIAS	OFFICER	HOUSING		X	100,000	80,000		No	Yes		Yes
Total ............... $						13,009,954

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) 2019

Page 2

Part IV

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

(a) Name of interested person	(b) Relationship between interested person and the organization	(c) Amount of transaction	(d) Description of transaction	(e) Sharing of organization's revenues?
(a) Name of interested person		(c) Amount of transaction	(d) Description of transaction	Yes	No
(1) JEANNE MARIE DAVILA	SEE PART V	229,203	COMPENSATION		No
(2) MICHELE ELAM	SEE PART V	282,225	COMPENSATION		No
(3) MARY HYNES	SEE PART V	33,120	COMPENSATION		No
(4) SUSAN LIAUTAUD	SEE PART V	20,000	COMPENSATION		No
(5) TANYA LUHRMANN	SEE PART V	237,096	COMPENSATION		No
(6) BETH MCLELLAN	SEE PART V	89,892	COMPENSATION		No
(7) GILLIAN RAIKES	SEE PART V	41,457	COMPENSATION		No
(8) JAMES WELCH	SEE PART V	190,922	COMPENSATION		No

Part V

Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).

Return Reference	Explanation
SCHEDULE L, PART II	LOANS TO/FROM INTERESTED PERSONS: IN A PROGRAM TO ATTRACT AND RETAIN EXCELLENT FACULTY AND SENIOR STAFF, THE UNIVERSITY PROVIDES HOME MORTGAGE FINANCING ASSISTANCE, PRIMARILY IN THE FORM OF SUBORDINATED LOANS, TYPICALLY IN CONJUNCTION WITH FIRST MORTGAGE LOANS PROVIDED BY PRIVATE LENDERS. THESE LOANS ARE COLLATERALIZED BY DEEDS OF TRUST ON PROPERTIES IN THE REGION SURROUNDING THE UNIVERSITY. DEPENDING ON CIRCUMSTANCES, THE BORROWER WILL RECEIVE A COMBINATION OF LOANS WITH VARYING INTEREST RATE AND PRINCIPAL PAYMENT TERMS. ELIGIBLE FACULTY AND SENIOR STAFF MAY ALSO RECEIVE A TAXABLE STIPEND TO ASSIST IN SERVICING THEIR MORTGAGE DEBT. FROM TIME TO TIME, CERTAIN OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY MAY BE ELIGIBLE FOR SUCH SUPPORT. EACH LOAN TO AN INTERESTED PERSON IS MADE FROM STANFORD TO THE INDIVIDUAL (COLUMN D). NONE OF THE LOANS IS IN DEFAULT (COLUMN G). ALL LOANS HAVE BEEN APPROVED BY THE BOARD OF TRUSTEES (COLUMN H). FOR EACH LOAN ISSUED, THERE EXISTS A WRITTEN AGREEMENT BETWEEN STANFORD AND THE BORROWER (COLUMN I). MORTGAGE TERMS GOVERN THE CALCULATION AND PAYMENT OF INTEREST WHICH APPROXIMATE MARKET RATES.
SCHEDULE L, PART III	GRANTS TO INTERESTED PERSONS: THE ONLY GRANT RELATED TRANSACTIONS ARE THOSE IN WHICH AN INTERESTED PERSON PAYS TUITION, ROOM AND/OR BOARD COSTS OR RECEIVES FINANCIAL AID, WORK/STUDY ASSISTANCE, AND/OR RESEARCH GRANTS FOR A STUDENT AT THE UNIVERSITY. SUCH AMOUNTS WOULD BE IN ACCORDANCE WITH FINANCIAL AID OR GRANT PRACTICES AT ARM'S LENGTH, AND ARE PROTECTED UNDER FERPA, THEREFORE, THEY CAN NOT BE DISCLOSED ON PART III.
SCHEDULE L, PART IV	BUSINESS TRANSACTIONS WITH INTERESTED PERSONS: CERTAIN STANFORD EMPLOYEES HAVE A FAMILY RELATIONSHIP WITH A LISTED PERSON. GENERALLY, SUCH EMPLOYEES WERE EITHER HIRED PRIOR TO THE LISTED PERSON'S EMPLOYMENT WITH STANFORD OR PRIOR TO THEIR APPOINTMENT AS AN OFFICER, TRUSTEE, OR KEY EMPLOYEE OF STANFORD. IN SOME INSTANCES, THE FAMILY MEMBER WAS HIRED CONCURRENTLY WITH THE LISTED PERSON'S EMPLOYMENT AT STANFORD, SUCH AS HIRING BOTH SPOUSES IN ONE RECRUITMENT. IN NO CASE WAS THE LISTED PERSON RESPONSIBLE FOR OR INVOLVED IN THE HIRING OF THE RELATED EMPLOYEE. NEITHER WERE THEY RESPONSIBLE FOR THE COMPENSATION, DIRECTION, EVALUATION OR CONTINUED EMPLOYMENT OF THE RELATED EMPLOYEE. (A) NAME OF THE INTERESTED PERSON: JEANNE MARIE DAVILA (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SISTER OF FORMER PROVOST JOHN ETCHEMENDY (C) AMOUNT OF TRANSACTION: $175,980 IN CASH COMPENSATION AND $53,223 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER FULL TIME STAFF POSITION AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: MICHELE ELAM (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF VP ARTS, HARRY ELAM (C) AMOUNT OF TRANSACTION: $245,440 IN CASH COMPENSATION AND $36,785 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS PROFESSOR OF ENGLISH AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: MARY HYNES (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF PRESIDENT AND TRUSTEE, MARC TESSIER-LAVIGNE (C) AMOUNT OF TRANSACTION: $33,120 IN CASH COMPENSATION DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS ASSOCIATE PROFESSOR (RESEARCH) OF BIOLOGY AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: SUSAN LIAUTAUD (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF TRUSTEE, BERNARD LIAUTAUD (C) AMOUNT OF TRANSACTION: $20,000 IN CASH COMPENSATION DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS LECTURER IN LAW AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: TANYA LUHRMANN (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF FORMER DEAN RICHARD SALLER (C) AMOUNT OF TRANSACTION: $206,621 IN CASH COMPENSATION AND $30,475 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS PROFESSOR OF ANTHROPOLOGY AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: BETH MCLELLAN (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF TRUSTEE, FRED ALVAREZ (C) AMOUNT OF TRANSACTION: $81,480 IN CASH COMPENSATION AND $8,412 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HER FULL TIME STAFF POSITION AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: GILLIAN RAIKES (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: DAUGHTER OF TRUSTEE, JEFFREY S. RAIKES (C) AMOUNT OF TRANSACTION: $41,457 IN CASH COMPENSATION DURING FISCAL YEAR 2018 EARNED IN HER POSITION AS RESEARCH ASSOCIATE AT THE EFFECTIVE PHILANTHROPY LAB AT STANFORD PACS. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: JAMES WELCH (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF PROVOST, PERSIS DRELL (C) AMOUNT OF TRANSACTION: $172,393 IN CASH COMPENSATION AND $18,529 IN BENEFITS DURING FISCAL YEAR 2018 EARNED IN HIS POSITION AS PHYSICIST AT SLAC NATIONAL ACCELERATOR LABORATORY - STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (E) SHARING OF ORGANIZATION'S REVENUES? NO

Schedule L (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE M
(Form 990)

Department of the Treasury

Internal Revenue Service

Noncash Contributions

Complete 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 image

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

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	16	0	N/A
2 Art—Historical treasures .
3 Art—Fractional interests ..
4 Books and publications ..	X		0	N/A
5 Clothing and household goods .......
6 Cars and other vehicles ..	X	1	175,015	FAIR MARKET VALUE
7 Boats and planes ....
8 Intellectual property ...
9 Securities—Publicly traded .	X	1,943	128,143,514	FAIR MARKET VALUE
10 Securities—Closely held stock .	X	5	7,764,324	FAIR VALUE
11 Securities—Partnership, LLC, or trust interests ....	X	6	1,345,813	FAIR VALUE
12 Securities—Miscellaneous ..
13 Qualified conservation contribution—Historic structures .....
14 Qualified conservation contribution—Other ...
15 Real estate—Residential .	X	4	8,830,000	APPRAISAL
16 Real estate—Commercial ..	X	3	2,460,000	APPRAISAL
17 Real estate—Other ...
18 Collectibles .....	X	5	0	N/A
19 Food inventory ...
20 Drugs and medical supplies .
21 Taxidermy ......
22 Historical artifacts ....
23 Scientific specimens ..
24 Archeological artifacts ...
25 Other ( HORSES )	X	2	0	N/A
26 Other ( MUSICAL ITEMS & INSTRUMENTS )	X	5	123,600	FAIR MARKET VALUE
27 Other ( COMPUTERS AND ACCESSORIES )	X	2	305,780	FAIR MARKET VALUE
28 Other ( OTHER EQUIPMENT )	X	9	299,218	FAIR MARKET VALUE

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

Yes

30a

During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................

30a

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

Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?

Yes

32a

Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash

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

32a

Yes

If "Yes," describe in Part II.

If the organization didn't 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) (2019)

Page 2

Part IISupplemental 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

IN COLUMN B, STANFORD IS REPORTING THE NUMBER OF CONTRIBUTIONS. LINE 32A, USE OF THIRD-PARTY - STANFORD MAY, FROM TIME TO TIME, ENGAGE THIRD PARTIES (E.G., REAL ESTATE BROKERS) TO SELL CERTAIN NON-CASH CONTRIBUTIONS. LINE 33, NON-CASH CONTRIBUTIONS - WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS, ARTIFACTS, AND THE LIKE, WHICH ARE PRESERVED AND PROTECTED FOR EDUCATIONAL, RESEARCH AND PUBLIC EXHIBITION PURPOSES, ARE NOT CAPITALIZED. DONATIONS OF SUCH COLLECTIONS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES.

Schedule M (Form 990) (2019)

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service

Supplemental Information to Form 990 or 990-EZ

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

Attach to Form 990 or 990-EZ.
MediumBullet

Go to www.irs.gov/Form990 for the latest information.

OMB No. 1545-0047

2019

Open to Public
Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

Return Reference	Explanation
FORM 990, PAGE 1, LINE K	FORM OF ORGANIZATION THE LELAND STANFORD JUNIOR UNIVERSITY WAS FOUNDED BY SENATOR AND MRS. LELAND STANFORD ON NOVEMBER 11, 1885, IN MEMORY OF THEIR ONLY CHILD, LELAND, JR. THE FOUNDING WAS ACCOMPLISHED BY A GRANT OF ENDOWMENT, KNOWN AS THE FOUNDING GRANT, WHICH CONVEYED IN TRUST TO A BOARD OF TRUSTEES CERTAIN PROPERTIES, DIRECTED THAT A UNIVERSITY BE ESTABLISHED AND OUTLINED THE OBJECTIVES AND GOVERNMENT OF THE UNIVERSITY. SUBSEQUENT LEGISLATION IN THE STATE OF CALIFORNIA GRANTED THE UNIVERSITY CORPORATE POWERS EFFECTIVE 1901. ACCORDINGLY, STANFORD HAS ELECTED TO BE TREATED AS A CORPORATION FOR THE PURPOSES OF THE ADMINISTRATION OF FEDERAL AND STATE INCOME TAX LAW. FORM 990, PART I, LINE 6 VOLUNTEERS THERE ARE THOUSANDS OF ALUMNI AND FRIENDS OF STANFORD UNIVERSITY WHO VOLUNTEERED THEIR SERVICES TO STANFORD OVER THE COURSE OF THE YEAR. EXAMPLES OF THE WIDE SPECTRUM OF VOLUNTEER SERVICES INCLUDE SERVING AS A MEMBER OF THE BOARD OF TRUSTEES OF THE UNIVERSITY, SERVING ON A FUNDRAISING COMMITTEE, AND SERVING ON AN ADVISORY BOARD OF AN INSTITUTE. WHILE STANFORD DOES NOT FORMALLY TRACK THE TOTAL NUMBER OF VOLUNTEERS, IT ESTIMATES THAT APPROXIMATELY 11,000 ALUMNI VOLUNTEERED DURING THE TAX YEAR. FORM 990, PARTS I AND III, LINE 1 ORGANIZATION'S MISSION - CONTINUED FROM PART I, LINE 1 & PART III, LINE 1 STANFORD IS INTERNATIONALLY RECOGNIZED FOR THE QUALITY OF ITS TEACHING AND RESEARCH, ITS DISTINGUISHED FACULTY, AND ITS OUTSTANDING STUDENT BODY. IN THE YEARS SINCE ITS FOUNDING IN 1885, STANFORD HAS GROWN TO OVER 2,241 FACULTY MEMBERS AND AN ENROLLMENT OF APPROXIMATELY 7,083 UNDERGRADUATE AND 9,437 GRADUATE STUDENTS. THE OBJECTIVE AND PURPOSES OF STANFORD UNIVERSITY, JANE AND LELAND STANFORD WROTE IN THEIR FOUNDING GRANT IN 1885, ARE "TO QUALIFY ITS STUDENTS FOR PERSONAL SUCCESS, AND DIRECT USEFULNESS IN LIFE; ... TO PROMOTE THE PUBLIC WELFARE BY EXERCISING AN INFLUENCE ON BEHALF OF HUMANITY AND CIVILIZATION, TEACHING THE BLESSINGS OF LIBERTY REGULATED BY LAW, AND INCULCATING LOVE AND REVERENCE FOR THE GREAT PRINCIPLES OF GOVERNMENT AS DERIVED FROM THE INALIENABLE RIGHTS OF MAN TO LIFE, LIBERTY, AND THE PURSUIT OF HAPPINESS."
FORM 990, PART III, LINE 4A	STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS (EXPENSES $1,967,458,746 INCLUDING GRANTS OF $46,045,862, REVENUE $864,018,744) INSTRUCTION AND DEPARTMENTAL RESEARCH: INCLUDES THE SALARIES, FRINGE BENEFITS AND SUPPLIES NECESSARY TO TEACH 16,520 STUDENTS, INCLUDING 7,062 UNDERGRADUATE AND 9,368 GRADUATE AND PROFESSIONAL SCHOOL STUDENTS. STANFORD'S 2,219-PERSON FACULTY INCLUDES 19 NOBEL PRIZE WINNERS AND 4 PULITZER PRIZE WINNERS. STANFORD HAS SEVEN SCHOOLS: BUSINESS, EARTH, ENERGY & ENVIRONMENTAL SCIENCES, EDUCATION, ENGINEERING, HUMANITIES AND SCIENCES, LAW, AND MEDICINE. UNDERGRADUATES CHOOSE AMONG 60 MAJORS AND ARE ENCOURAGED TO LEARN CRITICAL THINKING SKILLS THROUGH RESEARCH. SEVEN SCHOOLS ON ONE CAMPUS OFFER STUDENTS BOUNDLESS OPPORTUNITIES TO PURSUE THEIR PASSIONS AND COLLABORATE ON SOLVING COMPLEX GLOBAL PROBLEMS. IN CLOSE INTERACTION WITH FACULTY, STANFORD STUDENTS CREATE AND APPLY KNOWLEDGE BY THINKING AND DOING, PREPARING FOR LEADERSHIP IN A RAPIDLY CHANGING WORLD.
FORM 990, PART III, LINE 4B	STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS (EXPENSES $1,170,599,959 INCLUDING GRANTS OF $24,837,734; $209,735,599 REPORTED REVENUE EXCLUDES FEDERAL RESEARCH SUPPORT) ORGANIZED RESEARCH: RESEARCH IS INTEGRAL TO THE EDUCATIONAL MISSION OF STANFORD AND INVOLVES FACULTY, GRADUATE STUDENTS, AND UNDERGRADUATES WHO SEEK NEW KNOWLEDGE IN SERVICE TO HUMANITY. STANFORD FACULTY MEMBERS HAVE CONTRIBUTED TO ADVANCEMENTS IN HIGH TECH, INCLUDING THE CREATION OF DIGITAL SUBSCRIBER LINES, IDENTITY-BASED ENCRYPTION, GLOBAL POSITIONING SYSTEMS AND THE REDUCED INSTRUCTION SET COMPUTER, AMONG OTHER DISCOVERIES; DISEASE IDENTIFICATION AND MANAGEMENT, INCLUDING PROGRAMS USED BY MORE THAN 500 ORGANIZATIONS WORLDWIDE CONCERNED WITH CHRONIC HEALTH PROBLEMS SUCH AS ARTHRITIS AND HIV/AIDS; AND GENOME SEQUENCING, INCLUDING DISCOVERIES THAT CREATED THE FIELD OF GENETIC ENGINEERING. TODAY'S STANFORD FACULTY MEMBERS ARE LEADERS IN NEUROSCIENCE, ENERGY, STEM CELL RESEARCH, ARTIFICIAL INTELLIGENCE, NANOTECHNOLOGY, BIOENGINEERING, COMPUTING TECHNOLOGY, REFORM OF OUR NATION'S SCHOOLS AND ENVIRONMENTAL SUSTAINABILITY. THROUGH BOTH BASIC AND APPLIED RESEARCH, STANFORD IS COMMITTED TO PROVIDING NEW KNOWLEDGE THAT FUELS OUR NATIONAL ECONOMY AND TO TRAINING GRADUATE STUDENTS WHO WILL BECOME TOMORROW'S TEACHERS AND RESEARCHERS. ENTREPRENEURIAL STANFORD FACULTY MEMBERS ARE KNOWN FOR THEIR ABILITY TO CROSS INTERDISCIPLINARY BOUNDARIES TO CREATE TEAMS OF RESEARCHERS ABLE TO PROVIDE NEW INSIGHTS TO COMPLEX, WORLDWIDE PROBLEMS.
FORM 990, PART III, LINE 4C	STATEMENT OF PROGRAM SERVICES ACCOMPLISHMENTS (EXPENSES $1,207,515,519 INCLUDING GRANTS OF $1,402,907; REVENUE $1,284,646,479.) UNIVERSITY AUXILIARY ACTIVITIES: INCLUDES AMONG OTHERS PATIENT CARE, RESIDENTIAL & DINING ENTERPRISES, AND INTER-COLLEGIATE ATHLETIC PROGRAMS. STANFORD SCHOOL OF MEDICINE FACULTY MEMBERS ARE HEALTH-CARE PRACTITIONERS AS WELL AS TEACHERS, COMBINING EXPERTISE HONED BY RESEARCH WITH THE MOST ADVANCED TECHNOLOGY TO TREAT PATIENTS AT STANFORD HEALTH CARE AND THE LUCILE PACKARD CHILDREN'S HOSPITAL. STANFORD FACULTY PROVIDE APPROXIMATELY 84 PERCENT OF THE PATIENT CARE AT STANFORD HEALTH CARE AND 94 PERCENT OF THE PEDIATRIC CARE AT LUCILE PACKARD CHILDREN'S HOSPITAL. RESIDENTIAL & DINING ENTERPRISES (R&DE) IS THE STEWARD OF 5 MILLION SQ FT OF PHYSICAL PLANT (APPROXIMATELY 1/3 OF CAMPUS) AND GENERATES REVENUE PRIMARILY THROUGH STUDENT ROOM AND BOARD. R&DE HOUSES 6,569 UNDERGRADUATE STUDENTS AND 5,993 GRADUATE STUDENTS. R&DE COMPLEMENTS STANFORD'S ACADEMIC PROGRAMS WITH A ROBUST RESIDENTIAL LIVING AND LEARNING ENVIRONMENT. THE UNIVERSITY HAS BEEN INVESTING IN THE RESIDENTIAL EDUCATION PROGRAM TO FOSTER AN ENVIRONMENT OF INTELLECTUAL, EDUCATIONAL, AND COMMUNITY-BUILDING ACTIVITIES IN STUDENT RESIDENCES. PROGRAM TO FOSTER AN ENVIRONMENT OF INTELLECTUAL, EDUCATIONAL, AND COMMUNITY-BUILDING ACTIVITIES IN STUDENT RESIDENCES.
FORM 990, PART III, LINE 4D	OTHER PROGRAM SERVICES (EXPENSES $1,072,812,268 INCLUDING GRANTS OF $441,989,056; REVENUE $420,301,819) ACADEMIC SUPPORT AND PUBLIC SERVICE $477,890,014 STUDENT FINANCIAL AID $303,445,245 SLAC NATIONAL ACCELERATOR LABORATORY CONSTRUCTION AND OTHER $291,477,009 TOTAL OTHER PROGRAM SERVICE EXPENSES $1,072,812,268 ACADEMIC SUPPORT AND PUBLIC SERVICE: STANFORD SUPPORTS 20 LIBRARIES. STANFORD LIBRARIES HAS MORE THAN 9.5 MILLION PHYSICAL VOLUMES IN ITS COLLECTION, AND MORE THAN ONE MILLION SCHOLARLY ITEMS AVAILABLE VIA THE STANFORD DIGITAL REPOSITORY THAT ARE PRODUCED BY STANFORD SCHOLARS OR COLLECTED BY LIBRARIANS. THE STANFORD UNIVERSITY INFORMATION TECHNOLOGY NETWORK AND INFRASTRUCTURE INCLUDES MORE THAN 258,400 ACTIVE DEVICES WITH ASSIGNED INTERNET PROTOCOL ADDRESSES. STANFORD UNIVERSITY NETWORK TRANSPORTS 100 TERABYTES OF INCOMING DATA AND 95 TERABYTES OF DATA OUTGOING BETWEEN STANFORD AND THE INTERNET EACH DAY. STUDENT SERVICES INCLUDE, AMONG OTHERS, THE DEAN OF STUDENT LIFE OFFICE, THE REGISTRAR, THE ADMISSIONS OFFICE, THE FINANCIAL AID OFFICE, AND THE OFFICE FOR RELIGIOUS LIFE. STUDENT FINANCIAL AID: INCLUDES MERIT AND NEED-BASED SCHOLARSHIPS AND FELLOWSHIPS. SLAC CONSTRUCTION AND OTHER: THE UNIVERSITY MANAGES AND OPERATES THE SLAC NATIONAL ACCELERATOR LABORATORY FOR THE U.S. DEPARTMENT OF ENERGY ("DOE") UNDER A MANAGEMENT AND OPERATING CONTRACT. REVENUES AND EXPENDITURES ARE INCLUDED IN STANFORD'S FINANCIAL STATEMENTS; ASSETS AND LIABILITIES ARE OWNED BY DOE AND THEREFORE EXCLUDED ON STANFORD'S BALANCE SHEET. ACCORDINGLY, CONSTRUCTION EXPENDITURES ARE RECORDED AS EXPENDITURES HEREIN.
FORM 990 PART IV, LINES 12A AND 12B	AUDIT OF FINANCIAL STATEMENTS STANFORD'S CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE YEARS ENDED AUGUST 31, 2018 AND AUGUST 31, 2017 WERE AUDITED BY THE ACCOUNTING FIRM OF PRICEWATERHOUSECOOPERS ("PWC"). AS REQUIRED BY GENERALLY ACCEPTED ACCOUNTING PRINCIPLES, THE UNIVERSITY'S FINANCIAL STATEMENTS ARE PREPARED ON A CONSOLIDATED BASIS AND REFLECT THE COMBINED FINANCIAL POSITION AND RESULTS OF THE UNIVERSITY, STANFORD HEALTH CARE AND LUCILE SALTER PACKARD CHILDREN'S HOSPITAL AT STANFORD, INCLUDING THEIR RESPECTIVE CONTROLLED AFFILIATES. IN ADDITION, THE FINANCIAL STATEMENTS PRESENT CONSOLIDATING STATEMENTS THAT DISCLOSE SEPARATELY THE ACCOUNTS OF THE UNIVERSITY AND ITS CONSOLIDATED SUBSIDIARIES. UNDER SEPARATE COVER, THE CONTROLLED AFFILIATES PROVIDE AUDITED FINANCIAL STATEMENTS OF THEIR OWN ACCOUNTS. PWC UTILIZES SEPARATE AUDIT TEAMS TO CONDUCT THE AUDIT ENGAGEMENTS OF STANFORD AND EACH OF THE CONSOLIDATED SUBSIDIARIES. EACH AUDIT IS CONDUCTED BY QUALIFIED PROFESSIONAL ACCOUNTANTS WITH AUDIT PLANS DESIGNED FROM THE SEPARATE ACCOUNTS FOR THE RESPECTIVE ENTITIES, IN ACCORDANCE WITH GENERALLY ACCEPTED AUDITING STANDARDS.
FORM 990, PART V, LINE 4B	STANFORD HAS AN INTEREST IN OR SIGNATURE AUTHORITY OVER BANK AND/OR INVESTMENT ACCOUNTS IN THE FOLLOWING COUNTRIES: CAYMAN ISLANDS; CHILE; CHINA; FRANCE; GERMANY; GHANA; HONG KONG; INDIA; ITALY; JAPAN; JERSEY; KENYA; MAURITIUS; SOUTH AFRICA; SPAIN; TURKEY; UNITED KINGDOM.
FORM 990, PART VI, SECTION A, LINE 2	BUSINESS RELATIONSHIPS THE FOLLOWING INDIVIDUALS LISTED ON PART VII HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER: - KAVITARK RAM SHRIRAM IS A DIRECTOR OF ALPHABET INC. AND GOOGLE INC., WHERE RUTH PORAT SERVES AS CHIEF FINANCIAL OFFICER.
FORM 990, PART VI, SECTION B, LINES 11A & B	REVIEW OF THE FORM 990 THE FORM 990 IS PREPARED BY THE UNIVERSITY'S TAX DEPARTMENT IN CONSULTATION WITH THE OFFICE OF GENERAL COUNSEL, PAYROLL AND OTHER UNIVERSITY DEPARTMENTS. THE RETURN IS REVIEWED BY EXTERNAL ACCOUNTANTS, OUTSIDE COUNSEL, AND SENIOR MANAGEMENT INCLUDING THE SENIOR ASSOCIATE VICE PRESIDENT FOR FINANCE. THE RETURN IS THEN DISTRIBUTED TO THE BOARD COMMITTEE ON AUDIT, COMPLIANCE AND RISK FOR THEIR REVIEW IN ADVANCE OF THE COMMITTEE MEETING. THE COMMITTEE IS OFFERED AN OPPORTUNITY TO ASK QUESTIONS BOTH AT THE MEETING AND ANYTIME THEREAFTER. SUBSEQUENT TO THE MEETING, A COMPLETE COPY OF THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES ("TRUSTEES"), OFFICERS AND FACULTY MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH ENTITIES DOING BUSINESS WITH THE UNIVERSITY. THE UNIVERSITY HAS CONFLICT OF INTEREST POLICIES THAT ARE STRICTLY ENFORCED TO ENSURE THAT ALL TRANSACTIONS WITH THESE PARTIES ARE ARM'S LENGTH, AND THERE IS NO FAVORABLE TREATMENT AS A RESULT OF THESE RELATIONSHIPS. CONFLICTS OF INTEREST ARE REGULARLY MONITORED, AND APPLICABLE POLICY IS CONSISTENTLY ENFORCED. UNIVERSITY-WIDE COMPLIANCE INITIATIVES INCLUDE TRAINING AND DOCUMENTATION, REQUIRED ANNUAL DISCLOSURE AND FOLLOW-UP; MANAGEMENT CONTROLS; ENTERPRISE RISK MANAGEMENT; REGULAR INTERNAL AND EXTERNAL AUDITS; WHISTLE-BLOWER PROVISIONS; SUPERVISION; AND REVIEW. PERCEIVED VIOLATIONS WOULD BE INVESTIGATED AND ADDRESSED AS APPROPRIATE THROUGH VARIOUS SANCTIONS, INCLUDING FINANCIAL PENALTIES AND TERMINATION, DEPENDING UPON THE NATURE AND DEGREE OF THE CONFLICT. FOR OFFICERS, THE UNIVERSITY REQUIRES ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH ENTITIES DOING BUSINESS WITH THE UNIVERSITY. THESE ANNUAL DISCLOSURES COVER BOTH OFFICERS AND THEIR IMMEDIATE FAMILY. WHEN SUCH ASSOCIATIONS EXIST, MEASURES ARE TAKEN TO APPROPRIATELY MANAGE, IN THE BEST INTERESTS OF THE UNIVERSITY, ANY ACTUAL OR PERCEIVED CONFLICT. FACULTY MUST COMPLY WITH THE FACULTY CONFLICT OF INTEREST POLICY, WHICH REQUIRES ANNUAL CERTIFICATION OF COMPLIANCE WITH THE POLICY AND DISCLOSURE OF INTERESTS IN OUTSIDE ENTITIES THAT ARE SPONSORS OF THEIR TEACHING OR RESEARCH OR OTHER TRANSACTIONS WITH THE UNIVERSITY IN WHICH THEY ARE INVOLVED. ALL PERSONAL FINANCIAL INTERESTS RELATED TO STANFORD ACTIVITIES MUST BE REPORTED, REGARDLESS OF DOLLAR AMOUNT. FOR TRUSTEES, THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF TRUSTEES IS PERMITTED TO PARTICIPATE IN ANY DECISION RELATING TO AN ENTITY IN WHICH HE OR SHE (OR AN IMMEDIATE FAMILY MEMBER) HAS A MATERIAL FINANCIAL INTEREST. THE CONFLICT OF INTEREST POLICY ALSO PRECLUDES THE UNIVERSITY FROM ENTERING INTO CERTAIN TRANSACTIONS WITH AN ENTITY IN WHICH A TRUSTEE HAS A MATERIAL FINANCIAL INTEREST UNLESS MEASURES ARE TAKEN TO MITIGATE ANY ACTUAL OR PERCEIVED CONFLICT. NAMELY, THE POLICY REQUIRES THAT SUCH TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH, FOR GOOD AND SUFFICIENT CONSIDERATION, BASED ON TERMS THAT ARE FAIR AND REASONABLE TO AND FOR THE BENEFIT OF THE UNIVERSITY, AND OTHERWISE IN ACCORDANCE WITH SOUND CONFLICT MANAGEMENT PRACTICES. THE CONFLICT OF INTEREST POLICY REQUIRES EACH TRUSTEE TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION DETERMINATION THE ANNUAL PROCESS FOR DETERMINING COMPENSATION OF BOTH THE TOP MANAGEMENT OFFICIAL (PRESIDENT OF THE UNIVERSITY) AND OF OTHER OFFICERS/KEY EMPLOYEES INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, USE OF COMPARABILITY DATA AND CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION. IN THE CASE OF THE UNIVERSITY'S PRESIDENT, THE VICE PRESIDENT FOR HUMAN RESOURCES, AT A PRELIMINARY MEETING WITH A SUBCOMMITTEE OF THE BOARD COMMITTEE ON COMPENSATION, INCLUDING NON-EMPLOYEE TRUSTEES, PRESENTS AN ANALYSIS OF CURRENT RELEVANT MARKET DATA, CONTAINING SALARY INFORMATION OF INDIVIDUALS SERVING IN A COMPARABLE POSITION, OBTAINED FROM AN INDEPENDENT HUMAN RESOURCE CONSULTING FIRM. THE SAME MATERIALS ARE SENT TO THE FULL COMMITTEE. AT THE MEETING OF THE FULL COMMITTEE AND IN THE ABSENCE OF THE PRESIDENT, DISCUSSION OCCURS PRIOR TO A VOTE. MINUTES OF ALL MEETINGS ARE ON FILE IN THE OFFICE OF THE VICE PRESIDENT FOR HUMAN RESOURCES. IN THE CASE OF OTHER OFFICERS/KEY EMPLOYEES, PER GUIDELINES IN THE COMMITTEE'S EXECUTIVE COMPENSATION POLICY AND PROCEDURES DOCUMENT, EACH YEAR THE VICE PRESIDENT FOR HUMAN RESOURCES PROVIDES CURRENT RELEVANT MARKET DATA AND THE HISTORICAL PAY INFORMATION RELATING TO THESE PERSONS TO THE PRESIDENT OR TO THE PROVOST BASED ON THE REPORTING STRUCTURE. THE PRESIDENT AND PROVOST PROPOSE CHANGES IN COMPENSATION BASED ON EACH INDIVIDUAL'S PERFORMANCE AND ON THE MARKET DATA. THE COMMITTEE ON COMPENSATION REVIEWS THE RECOMMENDATIONS AND, FOLLOWING DISCUSSION, APPROVES THE RECOMMENDATIONS AS SUBMITTED OR WITH MODIFICATIONS. MINUTES OF THE MEETING ARE ON FILE IN THE OFFICE OF THE VICE PRESIDENT FOR HUMAN RESOURCES.
FORM 990, PART VI, SECTION C, LINE 19	STANFORD UNIVERSITY MAKES ITS FOUNDING GRANT, FACULTY AND STAFF CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC ON STANFORD'S WEBSITE, AND UPON REQUEST TO THE OFFICE OF UNIVERSITY COMMUNICATIONS.
FORM 990, PART VII, SECTION A, COLUMN B	HOURS FOR RELATED ORGANIZATIONS IN CONNECTION WITH THEIR POSITIONS AT STANFORD, CERTAIN LISTED INDIVIDUALS MAY, FROM TIME TO TIME, PARTICIPATE IN ACTIVITIES OF A RELATED ORGANIZATION. WHERE THE LISTED INDIVIDUALS ARE TRUSTEES, DIRECTORS, OFFICERS, OR EMPLOYEES OF THE RELATED ORGANIZATION, THE TIME DEVOTED TO THE RELATED ORGANIZATION BY SUCH INDIVIDUALS IS GENERALLY REPORTED AS RELATED ORGANIZATION HOURS IN PART VII, SECTION A, LINE 1A, COLUMN (B), BELOW THE DOTTED LINE. IN ALL OTHER CASES, THE HOURS IN CONNECTION WITH SUCH PARTICIPATION ARE INCLUDED IN THE HOURS REPORTED FOR THE INDIVIDUALS' POSITIONS AT STANFORD UNIVERSITY IN PART VII, SECTION A, LINE 1A, COLUMN (B), ABOVE THE DOTTED LINE.
FORM 990, PART VII, SECTION B	INDEPENDENT CONTRACTORS IN THE PRESENTATION OF THE DATA APPEARING IN FORM 990, PART VII, SECTION B, STANFORD REPORTS DIRECT CASH COMPENSATION PAID TO PROFESSIONAL INDEPENDENT CONTRACTORS. COMMISSIONS, DISCOUNTS, AND MANAGEMENT FEES EMBEDDED IN AND/OR DEDUCTED FROM INVESTMENT RETURNS AND AMOUNTS PROVIDED TO VENTURE CAPITAL, PRIVATE EQUITY, AND HEDGE FUND GENERAL PARTNERS DUE TO THEIR "CARRIED INTEREST" IN PARTNERSHIPS IN WHICH STANFORD PARTICIPATES ARE NOT CONSIDERED IN THIS REPORTING.
FORM 990, PART XI, LINE 9	OTHER CHANGES IN NET ASSETS OR FUND BALANCES CHANGE IN POST RETIREMENT BENEFIT OBLIGATION $ 69,570,000 CHANGE IN VALUE OF SPLIT INTEREST 23,903,272 NET HOSPITAL TRANSFERS 126,000,082 CHANGE IN VALUE OF SWAP AGREEMENTS 5,682,320 CHANGE IN NON-CONTROLLING INTEREST (18,093,257) -------------------- $207,062,415

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

Cat. No. 51056K

Schedule O (Form 990 or 990-EZ) 2019

Additional Data

Software ID:
Software Version:

- TIN:

SCHEDULE R
(Form 990)

Department of the Treasury
Internal Revenue Service

Related Organizations and Unrelated Partnerships

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

Attach to Form 990.
MediumBullet

Go to www.irs.gov/Form990 for instructions and the latest information.

OMB No. 1545-0047

2019

Open to Public Inspection

Name of the organization

THE BOARD OF TRUSTEES OF THE LELAND STANFORD
JUNIOR UNIVERSITY

Employer identification number

94-1156365

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) 200 GREGORY STREET LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	CO	0	0	STANFORD
(2) ANTS AT WORK LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	RESEARCH	NM	0	0	STANFORD
(3) ARCOLA LLC 635 KNIGHT WAY STANFORD,CA94305	REAL ESTATE	DE			ARCOLA VENTU
(4) ARCOLA RESIDENTIAL DEVELOPMENT LLC 635 KNIGHT WAY STANFORD,CA94305 80-0804754	REAL ESTATE	DE			ARCOLA RESID
(5) ARCOLA RESIDENTIAL VENTURE LLC 635 KNIGHT WAY STANFORD,CA94305 90-0818278	INVESTMENTS	DE			STANFORD
(6) ARCOLA RETAIL DEVELOPMENT LLC 635 KNIGHT WAY STANFORD,CA94305	REAL ESTATE	DE			ARCOLA VENTU
(7) ATFIV DIRECT LLC 635 KNIGHT WAY STANFORD,CA94305 94-1156365	INVESTMENTS	DE	0	5,139	STANFORD
(8) CARDINAL NEWBURY GP LLC 635 KNIGHT WAY STANFORD,CA94305 94-1156365	INVESTMENTS	DE			STANFORD
(9) CARDINAL NEWBURY LP LLC 635 KNIGHT WAY STANFORD,CA94305 94-1156365	INVESTMENTS	DE			STANFORD
(10) CYPRESS MARINA HEIGHTS AHU LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	CA	-2,731,828	15,530,973	STANFORD
(11) CYPRESS MARINA HEIGHTS LLC 635 KNIGHT WAY STANFORD,CA94305 95-4887979	INVESTMENTS	CA			CYPRESS MARI
(12) CYPRESS MARINA PARTNERS LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	CA	-13,302,640		STANFORD
(13) FAIRFIELD NORTH SEA ENERGY LLC 635 KNIGHT WAY STANFORD,CA94305 94-1156365	INVESTMENTS	DE	0	0	STANFORD
(14) GRE PROPERTIES II LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	DE	14	4,741	STANFORD
(15) GRE PROPERTIES LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	DE	-1,221	0	STANFORD
(16) GREGORY STREET ACQUISITION LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	CO	0	0	STANFORD
(17) HP OUTLAWS LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	DE	0	0	STANFORD
(18) JPS NO 1 LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	DE			STANFORD
(19) JPS NO 2 LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	DE	0	0	STANFORD
(20) RED 238 LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	27,377,680	STANFORD
(21) RED ALPINE LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	40,697,191	STANFORD
(22) RED ALTA LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	3,856,446	100,195,000	STANFORD
(23) RED ALVARADO LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	33,860,013	STANFORD
(24) RED ARBORETUM LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	33,130,105	STANFORD
(25) RED ARDENWOOD LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	16,567,965	STANFORD
(26) RED BART LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	8,237,366	STANFORD
(27) RED BROADWAY LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	42,444,334	STANFORD
(28) RED CAMINO LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	12,768,251	6,267,613	STANFORD
(29) RED DECOTO LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	27,214,834	STANFORD
(30) RED DISH LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	9,265,196	STANFORD
(31) RED LOMITA LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	107,192	26,450,181	STANFORD
(32) RED MARINA LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	5,144,000	STANFORD
(33) RED MARINER LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	152,546,814	STANFORD
(34) RED POPLAR LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	987,555	5,728,270	STANFORD
(35) RED QUARRY LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	-4,201,370	0	STANFORD
(36) RED RECIPE LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	0	STANFORD
(37) RED SANDHILL LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	4,710,244	STANFORD
(38) RED SKYLINE LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	63,422,723	STANFORD
(39) RED VELD LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE	0	2,514,156	STANFORD
(40) ROCKY HILL PROPERTY LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 45-4672921	REAL ESTATE	CA	0	0	STANFORD
(41) SAA SIERRA PROGRAMS LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 80-0313657	ALUM RELATION	CA	982,481	12,980,580	STANFORD
(42) SAND HILL INVESTMENTS GP LLC 635 KNIGHT WAY STANFORD,CA94305 41-2262027	INVESTMENTS	DE	0	0	STANFORD
(43) SAND HILL INVESTMENTS LP 635 KNIGHT WAY STANFORD,CA94305 37-1557441	INVESTMENTS	DE			SAND HILL IN
(44) SHOPS AT ARCOLA CENTER LLC 635 KNIGHT WAY STANFORD,DE94305	REAL ESTATE	DE			SHOPS AT ARC
(45) SHOPS AT ARCOLA MEMBER LLC 635 KNIGHT WAY STANFORD,DE94305	REAL ESTATE	DE			ARCOLA VENTU
(46) SHR HOTEL LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 41-2277925	REAL ESTATE	CA	59,589,277	119,732,299	STANFORD
(47) SMC DE LLC 635 KNIGHT WAY STANFORD,CA94305 94-1156365	INVESTMENTS	DE	-21	0	STANFORD
(48) SNOWCREEK VII LLC 635 KNIGHT WAY STANFORD,CA94305 95-4890334	REAL ESTATE	CA	1,105	0	STANFORD
(49) SNOWCREEK INVESTMENT COMPANY LLC 635 KNIGHT WAY STANFORD,CA94305 36-4574905	REAL ESTATE	CA			SIC SNOWCREE
(50) SPECIALTY EVENTS LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 27-3665473	GEN. BUS. OPS	CA	0	0	STANFORD
(51) STANFORD UNIVERSITY GLOBAL LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	EDUCATION	CA	155,737	1,574,298	STANFORD
(52) STANFORD UNIVERSITY POWER LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	ENERGY RESOUR	DE	0	0	STANFORD
(53) SU ACQUISITION LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-1156365	REAL ESTATE	DE	471,743	2,000,000	STANFORD
(54) RED CLOSE UP LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE		15,900,402	STANFORD
(55) RED FOOTHILLS LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE		55,541,948	STANFORD
(56) RED MOTHERBOARD LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE		4,108,052	STANFORD
(57) RED PORPHYRY LLC 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	DE			STANFORD

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?
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Exempt Code section	(e) Public charity status (if section 501(c)(3))	(f) Direct controlling entity	Yes	No
(1)HOSPITAL COMMITTEE FOR THE L-P AREAS 1111 E STANLEY BLVD LIVERMORE,CA94550 94-1429628	HOSPITAL	CA	501(C)(3)	3	SHC	Yes
(2)LUCILE PACKARD FOUNDATION FOR CHILDREN'S 400 HAMILTON AVENUE SUITE 340 PALO ALTO,CA94301 77-0440090	HEALTHCARE	CA	501(C)(3)	7	LPCH	Yes
(3)LUCILE SALTER PACKARD CHILDRENS HOSPITAL 725 WELCH ROAD MC 5553 PALO ALTO,CA94304 77-0003859	HEALTHCARE	CA	501(C)(3)	3	STANFORD	Yes
(4)PACIFIC 12 CONFERENCE 1350 TREAT BOULEVARD WALNUT CREEK,CA94597 94-1459048	EDUCATIONAL	CA	501(C)(3)	12A, I	NA		No
(5)PACKARD CHILDREN'S HEALTH ALLIANCE 725 WELCH ROAD MC5551 PALO ALTO,CA94304 32-0359189	HEALTHCARE	CA	501(C)(3)	3	LPCH	Yes
(6)SHR HOLDINGS INC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-3187167	REAL ESTATE	CA	501(C)(25)	N/A	STANFORD	Yes
(7)STANFORD FACULTY CLUB PO BOX 7229 STANFORD,CA94309 94-1187089	FAC INTERACT.	CA	501(C)(7)	N/A	STANFORD	Yes
(8)STANFORD FEDERAL CREDIT UNION 1860 EMBARCADERO RD PALO ALTO,CA94303 94-1492212	CREDIT UNION	CA	501(C)(1)	N/A	STANFORD	Yes
(9)STANFORD HABITAT CONSERVATION BOARD 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 46-1882243	CONSERVATION	CA	501(C)(3)	7	STANFORD	Yes
(10)STANFORD HEALTH CARE 300 PASTEUR DRIVE MC 5555 STANFORD,CA94305 94-6174066	HEALTHCARE	CA	501(C)(3)	3	STANFORD	Yes
(11)STANFORD HEALTH CARE ADVANTAGE 1221 BROADWAY 3RD FLOOR OAKLAND,CA94612 46-4071746	HEALTHCARE	CA	501(c)(3)	12A, I	SHC	Yes
(12)STANFORD PROGRAMME (CAPE TOWN) NPC WAVERLY BUSINESS PARK BUILDING 11 CAPE TOWN SF	EDUCATION	SF	501(C)(3)	N/A	STANFORD	Yes
(13)STANFORD UNIVERSITY BOOKSTORE BLDG 60 MAIN QUAD NO 105 STANFORD,CA94305 94-0894150	SUPPORT	CA	501(C)(3)	12A, I	STANFORD	Yes
(14)SU EMP BEN TRUST POST RETEMPYNT BEN 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 94-3246199	BENEFITS	CA	501(C)(9)	N/A	STANFORD	Yes
(15)THE DUDLEY E CHAMBERS FOUNDATION JP MORGAN CHASE PO BOX 3038 MILWAUKEE,WI53201 38-6841793	SUPPORT	NY	501(C)(3)	12D, III-O	STANFORD	Yes
(16)THE FREIDENRICH SUPPORT FOUNDATION 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 30-0519583	SUPPORT	CA	501(C)(3)	12A, I	STANFORD	Yes
(17)THE HONG KONGSU CHARITABLE TRUST 1401 CAROLINE CENTER 28 PING ROAD CAUSEWAY HK 98-6078093	SUPPORT	HK	501(C)(3)	N/A	STANFORD	Yes
(18)THE STANFORD TRUST 65 HIGH STREET OXFORD OX1 46L UK	SUPPORT	UK	501(C)(3)	N/A	STANFORD	Yes
(19)UNIVERSITY HEALTHCARE ALLIANCE 7999 GATEWAY BLVD STE 300 NEWARK,CA94560 94-3192446	HEALTHCARE	CA	501(C)(3)	3	SHC	Yes
(20)VALLEYCARE MEDICAL FOUNDATION INC 5655 W LAS POSITAS BLVD 220 PLEASANTON,CA94588 26-2593526	SUPPRT SHC-VC	CA	501(C)(3)	10	HOSP CMTE LP	Yes
(21)VALLEYCARE SENIOR HOUSING 1111 E STANLEY BLVD LIVERMORE,CA94550 94-3382224	SR. FACILITY	CA	501(C)(3)	12A, I	HOSP CMTE LP	Yes

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

Cat. No. 50135Y

Schedule R (Form 990) 2019

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
(a) Name, address, and EIN of related organization	(b) Primary activity	(c) Legal domicile (state or foreign country)	(d) Direct controlling entity		(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No
(1) ADOM PARTNERS LP 590 MADISON AVENUE 27TH FLOOR NEW YORK,NY10022 81-3083288	INVESTMENTS	DE	STANFORD	EXCLUDED	42,448,579	352,841,013		No	0		No	99.347 %
(2) ALBUS SELECT FUND LP 750 MENLO AVENUE MENLO PARK,CA94025 81-2064357	INVESTMENTS	DE	STANFORD	EXCLUDED	-28,237,322	199,624,174		No	0		No	99.980 %
(3) CANARY SC FUND LP 399 PARK AVENUE NEW YORK,NY10022 47-5662144	INVESTMENTS	DE	STANFORD	EXCLUDED	15,558,753	27,083,964		No	0		No	99.021 %
(4) CANARY SC MASTER FUND LP 89 NEXUS WAY CAMANA BAY GRAND CAYMAN KY1-9009 CA 98-1267847	INVESTMENTS	CJ	CANARY SC FUND	N/A				No
(5) CARLSBAD CO-INVEST LP 51 JOHN F KENNEDY PARKWAY SUITE 2 SHORT HILLS,NJ07078 47-1702425	INVESTMENTS	DE	STANFORD	EXCLUDED	-104,972	5,559,247		No	-105,267		No	63.690 %
(6) CEE EQUITY HOLDINGS LP JTC HOUSE 28 ESPLANADE ST HELIER JERSEY JE4 2QP JE	INVESTMENTS	JE	STANFORD	EXCLUDED	627	72,895		No	0		No	100.000 %
(7) CLAIRVUE CAPITAL PARTNERS II-TE 1 LP TWO EMBARCADERO CENTER SUITE 480 SAN FRANCISCO,CA94111 80-0909516	INVESTMENTS	DE	STANFORD	EXCLUDED	-54,068	6,248,565		No	0		No	99.032 %
(8) CLAIRVUE CAPITAL PARTNERS II-TE 2 LP TWO EMBARCADERO CENTER SUITE 480 SAN FRANCISCO,CA94111 80-0909556	INVESTMENTS	DE	STANFORD	EXCLUDED	-12,368	1,247,728		No	0		No	66.663 %
(9) EZP OPPORTUNITY LP 635 KNIGHT WAY STANFORD,CA943057297 81-4562962	INVESTMENTS	DE	STANFORD	EXCLUDED	0	10,874,978		No	0		No	99.070 %
(10) FORTRESS IW COINVESTMENT (FUND B) LP 1345 AVE OF THE AMERICAS 45TH FL NEW YORK,NY10105 98-0509639	INVESTMENTS	CJ	STANFORD	EXCLUDED	-30,205,073	0		No	0		No	71.643 %
(11) FOUR CROSSINGS INSTITUTIONAL PARTNERS V ONE MARITIME PLAZA SUITE 200 SAN FRANCISCO,CA94111 81-4323705	INVESTMENTS	DE	STANFORD	EXCLUDED	23,505,369	489,613,606		No	0		No	96.126 %
(12) FOXLANE LP 410 E WATER STREET SUITE 888 CHARLOTTESVILLE,VA22902 81-3314647	INVESTMENTS	DE	STANFORD	EXCLUDED	31,033,370	245,438,224		No	0		No	99.994 %
(13) HHBG-II Investment LP 89 NEXUS WAY CAMANA BAY PO BOX 31 GRAND CAYMAN KY1-9009 CA	INVESTMENTS	CJ	HHBG SF LIMITED	N/A				No
(14) KEB INVESTORS II LP WASHINGTON MALL STE 304 7 REID ST HAMILTON HM 11 BD	INVESTMENTS	BD	STANFORD	EXCLUDED	4,129,392	761,418		No	0		No	63.820 %
(15) LSF V DHB HOLDINGS LP 2711 N HASKELL AVE STE 1700 DALLAS,TX75204 27-2858604	INVESTMENTS	DE	STANFORD	EXCLUDED	111,441	0		No	0		No	61.875 %
(16) OLIFANT FUND LTD 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	CJ	SBFF LTD	N/A				No
(17) OUTLAWS CASINO LTD 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 84-1457498	HOLDING COMPANY	CO	HP OUTLAWS LLC	N/A				No
(18) PALO ALTO LP 13 CASTLE STREET ST HELIER JERSEY JE 98-1126622	INVESTMENTS	JE	STANFORD	EXCLUDED	-1,625,465	4,851,092		No	0		No	98.690 %
(19) RMS FOREST GROWTH II LP 31 INVERNESS CENTER PARKWAY STE 36 BIRMINGHAM,AL35242 20-0841908	INVESTMENTS	CA	STANFORD	EXCLUDED	481,971	72,007,476		No	0		No	64.373 %
(20) SANDOVAL LP 635 KNIGHT WAY STANFORD,CA943057297 37-1873346	INVESTMENTS	DE	STANFORD	EXCLUDED	19,513	15,059,578		No	0		No	99.900 %
(21) SANDPIPER FUND LP 2000 MCKINNEY AVE STE 2125 DALLAS,TX75201 26-0341626	INVESTMENT	TX	STANFORD	EXCLUDED	-59,971,837	11,839,091		No	878		No	99.596 %
(22) SAROFIM MULTIFAMILY PARTNERS LP 8115 PRESTON RD ST400 DALLAS,TX75225 20-1929002	RE DEVELOPMENT	TX	STANFORD	EXCLUDED	-14,879	274,203		No	0		No	63.750 %
(23) SCP REAL ASSETS FUND (A) LP 2498 SAND HILL RD MENLO PARK,CA94025 20-3949682	INVESTMENTS	DE	STANFORD	EXCLUDED	275,506	8,719,024		No	235,828		No	62.643 %
(24) SEQUOIA MFM OPERATING COMPANY LLC 770 WELCH ROAD LPCH- ADMIN MC5551 PALO ALTO,CA94304 47-5060529	MFM PROGRAM	CA	LPCH	N/A				No
(25) SIC SNOWCREEK VIII LLC 635 KNIGHT WAY STANFORD,CA94305 27-5431605	RE DEVELOPMENT	CA	STANFORD	EXCLUDED	-24,752	0		No			No	99.873 %
(26) SP SMC PARTNERS LLC PO BOX 5377 NEW YORK,NY10185 47-3103791	INVESTMENTS	DE	STANFORD	EXCLUDED	-956,585	122,835,533		No	-130,490		No	99.900 %
(27) STANFORD EMANUEL RADIATION ONCOLOGY CENT 825 DELBON AV TURLOCK,CA95382 20-8885091	RADIOLOGY	CA	SHC	N/A				No
(28) STANFORD PET-CT LLC 300 PASTEUR DR MC 5555 STANFORD,CA94305 61-1423414	MED. DIAGNOST	CA	STANFORD	RELATED	0	0		No	0		No	50.000 %
(29) STANFORD-STARTX FUND LLC 485 BROADWAY MAIL CODE 8838 REDWOOD CITY,CA94063 46-4297719	INVESTMENTS	DE	STANFORD	EXCLUDED	273,392	127,605,864		No	0	Yes		66.660 %
(30) SUMIT HOLDING INTERNATIONAL LLC 1400 PAGE MILL ROAD MC5713 PALO ALTO,CA94304 26-3934706	HOLDING COMPANY	DE	SHC	N/A				No	0
(31) TESSERA IONIC LP 635 KNIGHT WAY STANFORD,CA943057297	INVESTMENTS	DE	STANFORD	EXCLUDED	0	300,000,000		No	0		No	100.000 %
(32) VEDA INVESTORS FUND LP ONE FAWCETT PL GREENWICH,CT06830 81-1810345	INVESTMENTS	DE	STANFORD	EXCLUDED	58,692,426	549,326,953		No	0		No	99.909 %
(33) VERMILION PEAK MASTER FUND 635 KNIGHT WAY STANFORD,CA943057297	INVESTMENTS	DE	VERMILION PEAK	N/A				No
(34) WINTER ROCK ALTERNATIVE CREDIT MASTER L PO BOX 10008 WILLOW HOUSE CRICKET GRAND CAYMAN KY1-1001 CJ 94-1141686	INVESTMENTS	CJ	WINTER ROCK ALT	N/A				No
(35) WOLFF REAL ESTATE PARTNERS III A LP 6710 E CAMELBACK ROAD SUITE 100 SCOTTSDALE,AZ85251 47-4780701	INVESTMENTS	DE	STANFORD	EXCLUDED	-3,261,115	78,582,548		No	-133,521		No	92.166 %
(36) ARCOLA VENTURE LLC 635 KNIGHT WAY STANFORD,CA94305 37-1689632	RE DEVELOPMENT	DE	STANFORD	EXCLUDED	1,449,656	45,485,359		No	0		No	97.700 %
(37) Drawbridge Long Dated Value Fund III (C) PO Box 5098 NEW YORK,NY101855098 94-1984869	INVESTMENTS	TX	STANFORD	EXCLUDED	5,483,156	8,771,305		No	0		No	68.140 %
(38) EUCALIPTO FUND LTD 635 KNIGHT WAY STANFORD,CA943057297	INVESTMENTS	CJ	SBFF LTD	N/A				No

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?
(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		Yes	No
(1) ALPINE CHALET INC PO BOX 9988 SOUTH LAKE TAHOE,CA96158 94-1556099	SKI LODGE	CA	SAA SIERRA PROG	C CORP				Yes
(2) BIENVILLE ARGENTINA OPPS OFFSHORE FUND 405 LEXINGTON AVE 34TH FLOOR NEW YORK,NY10174	INVESTMENTS	CJ	STANFORD	C CORP	9,426,193	121	62.800 %	Yes
(3) BISHOP ROCK OPPORTUNITY OFFSHORE FUND LT 635 KNIGHT WAY STANFORD,CA94305	INVESTMENTS	CJ	STANFORD	C CORP	1,759,551	0	52.100 %	Yes
(4) BREP VII Alberta Feeder (Offshore) TE7 635 KNIGHT WAY STANFORD,CA94305 98-1066351	INVESTMENTS	CA	STANFORD	C CORP	46,169	3,091,553	51.720 %	Yes
(5) BREP VII Alberta Feeder (Offshore) TE7- 635 KNIGHT WAY STANFORD,CA94305 98-1066355	INVESTMENTS	CA	STANFORD	C CORP	40,054	10,802,602	51.720 %	Yes
(6) CANARY SC FUND LTD 89 NEXUS WAY CAYMANA BAY GRAND CAYMAN KY1-9009 CJ 98-1268195	INVESTMENTS	CJ	STANFORD	C CORP	60,344,756	313,440,138	99.820 %	Yes
(7) CLAT (16)	CHARITABLE TR	CA	STANFORD	TRUST
(8) CRT (552)	CHARITABLE TR	CA	STANFORD	TRUST
(9) EAST SAIL C/O INTL FS INC IFS COURT TWENTYEIGHT CYBERCITY EBENE MP	INVESTMENTS	MP	STANFORD	C CORP		9,131	100.000 %	Yes
(10) GAVEA INVESTMENT FUND II-C LP PO BOX 896GT HARBOUR CENTRE GEORGE TOWN CJ 98-0537952	INVESTMENTS	CJ	STANFORD	C CORP		486,796	53.000 %	Yes
(11) HHBG SF Limited 635 KNIGHT WAY STANFORD,CA94305	REAL ESTATE	CJ	STANFORD	C CORP		184,165,003	100.000 %	Yes
(12) KAIZEN FUND 2ND FL MIDTOWN PLAZA PO BOX 448 GRAND CAYMAN KY1-1106 CJ	INVESTMENTS	CJ	STANFORD	C CORP	21,693,079	1,015,383,667	100.000 %	Yes
(13) LS ALBERTA III LP C/O JE ROBERT COS 1650 TYSON BLVD MCLEAN,VA22102 98-0493425	INVESTMENTS	CA	STANFORD	C CORP		455,396	100.000 %	Yes
(14) OTHER (5)	CHARITABLE TR	CA	STANFORD	TRUST
(15) PIF (2)	CHARITABLE TR	CA	STANFORD	TRUST
(16) PROFESSIONAL EXCHANGE ASSURANCE COMPANY 201 MERCHANT STREET SUITE 2400 HONOLULU,HI96813 90-0897686	INSURANCE	HI	UHA	C CORP				Yes
(17) SBFF LTD PO BOX 1344 GEORGE TOWN KY1-1108 CJ	INVESTMENTS	CJ	STANFORD	C CORP	135,959,261	1,311,741,530	100.000 %	Yes
(18) SEA SMOKE FUND LLC 190 ELGIN AVENUE GEORGE TOWN KY 9005 CJ	INVESTMENTS	DE	SEA SMOKE FUND	C CORP				Yes
(19) SEA SMOKE FUND LTD 635 KNIGHT WAY STANFORD,CA943057297	INVESTMENTS	CJ	STANFORD	C CORP	46,905,669	275,911,959	100.000 %	Yes
(20) STANFORD (BEIJING) CNSLTNG CO LTD (WFOE) 5275TH FLBLDG CACADEMY SOUTH RD BEIJING CH	EDUCATION	CH	SU GLOBAL LLC	C CORP	1,715,405	803,318		Yes
(21) STANFORD IN JAPAN GODO KAISHA DOSHISHA UNIVERSITY MEITOKUKAN-NAI KYOTOSHI JA	EDUCATION	JA	STANFORD	C CORP	793,431	436,550	100.000 %	Yes
(22) STANFORD INDIA PVT LTD 333 3RD FLOOR DEVIKA TOWER 6 NEH DELHI IN	EDUCATION	IN	SU GLOBAL	C CORP	0	468,677	100.000 %	Yes
(23) STANFORD INTL MEDICAL SERVICES RAK FZE PO BOX 56500 AE	PATIENT SRVC	AE	SHC	C CORP				Yes
(24) STANFORD MEDICINE INTL (HONG KONG) CO LT 833 CHEUNG SHA WAN ROAD KOWLOON HK	PATIENT SRVC	HK	SHC	C CORP				Yes
(25) STANFORD SGGS EUROPE INC UGLAND HOUSE S CHURCH ST PO BOX 3 GEORGE TOWN CJ 13-1684331	INVESTMENTS	CJ	STANFORD	C CORP	584,485	133,369	100.000 %	Yes
(26) STANFORD UNIV MED NETWORK RISK AUTHORITY 1400 PAGE MILL RD MSC 5713 PALO ALTO,CA94304 46-1132002	RISK MGMT CON	CA	SUMIT HLDG INT	C CORP				Yes
(27) STRUCTURED SERVICING HOLDINGS (OFFSHORE) 87 MARY STREET GEORGE TOWN KY1-9002 CJ	INVESTMENTS	CJ	STANFORD	C CORP	46,372,136	200,990,159	55.510 %	Yes
(28) THE RUBRUM FUND PO BOX 309 UGLAND HOUSE GRAND CAYMAN CJ	INVESTMENTS	CJ	STANFORD	C CORP		225,769,442	100.000 %	Yes
(29) VERMILION PEAK FUND 635 KNIGHT WAY STANFORD,CA943057297	INVESTMENTS	CJ	STANFORD	C CORP		316,089,206	100.000 %	Yes
(30) WINTER ROCK ALTERNATIVE CREDIT I LP PO BOX 10008 WILLOW HOUSE CRICKET GRAND CAYMAN KY1-1001 CJ 98-1140761	INVESTMENTS	CJ	STANFORD	C CORP	136,347	5,954,608	99.900 %	Yes
(31) PEPPERTREE CAPITAL CAYMAN ISLAND FUND LP 86 West Street Chagrin Falls,OH44022 98-1235268	INVESTMENTS	CJ	STANFORD	C CORP	1,193,570	22,257,419	100.000 %	Yes
(32) WOODBOURNE CANADA PARTNERS II CAYMAN LP 190 Elgin Avenue GRAND CAYMAN KY1-9005 CJ 98-0705321	INVESTMENTS	CJ	STANFORD	C CORP	2,765,206	0	60.000 %	Yes

Schedule R (Form 990) 2019

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

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

Yes

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

Yes

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

Yes

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

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

f Dividends from related organization(s) ............................

g Sale of assets to related organization(s) ............................

h Purchase of assets from related organization(s) ............................

i Exchange of assets with related organization(s) ............................

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

Yes

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

Yes

l Performance of services or membership or fundraising solicitations for related organization(s) .....................

Yes

m Performance of services or membership or fundraising solicitations by related organization(s) .................

Yes

n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................

Yes

o Sharing of paid employees with related organization(s) ............................

p Reimbursement paid to related organization(s) for expenses ............................

q Reimbursement paid by related organization(s) for expenses ............................

Yes

r Other transfer of cash or property to related organization(s) ............................

Yes

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

Yes

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) ALBUS SELECT FUND LP	B	50,000,000	BANK RECORDS
(2) ARCOLA VENTURE LLC	B	54,599,147	BOOK
(3) ARCOLA VENTURE LLC	S	7,106,407	BOOK
(4) BIENVILLE ARGENTINA OPPS OFFSHORE FUND	S	9,426,193	BANK RECORDS
(5) BISHOP ROCK OPPORTUNITY OFFSHORE FUND	S	1,772,088	BANK RECORDS
(6) BREP VII ALBERTA FEEDER(OFFSHORE)TE7 LP	S	5,381,364	BOOK
(7) BREP VII ALBERTA FEEDER(OFFSHORE)TE7NQLP	B	31,444	BOOK
(8) BREP VII ALBERTA FEEDER(OFFSHORE)TE7NQLP	S	1,251,072	BOOK
(9) CANARY SC FUND LP	B	22,289,958	BANK RECORDS
(10) CANARY SC FUND LP	S	21,462,907	BANK RECORDS
(11) CANARY SC FUND LTD	B	51,462,907	BANK RECORDS
(12) CANARY SC FUND LTD	S	22,289,958	BANK RECORDS
(13) CLAIRVUE CAPITAL PARTNERS II-TE 1 LP	S	4,422,236	BANK RECORDS
(14) CLAIRVUE CAPITAL PARTNERS II-TE 2 LP	S	890,802	BANK RECORDS
(15) EAST SAIL	B	69,868,838	BANK RECORDS
(16) ENERGY CAPITAL PARTNERS III (SENDERO CO-INVES	B	2,573,412	BANK RECORDS
(17) EZP OPPORTUNITY LP	B	253,512	BANK RECORDS
(18) FOUR CROSSING INSTITUTIONAL PARTNERS V LP	B	64,551,039	BANK RECORDS
(19) GAVEA INVESTMENT FUND II-C LP	S	4,625,840	BANK RECORDS
(20) HHBG-II Investment LP	B	1,400,000	BANK RECORDS
(21) HHBG-II Investment LP	S	40,868,176	BANK RECORDS
(22) KAIZEN FUND	B	498,199,084	BOOK
(23) KAIZEN FUND	S	495,910,267	BOOK
(24) KEB INVESTORS II LP	S	2,277,555	BANK RECORDS
(25) RED MOTHERBOARD LLC	B	4,136,017	BOOK
(26) RED CLOSE UP LLC	B	13,623,061	BOOK
(27) RED FOOTHILLS LLC	B	30,612,451	BOOK
(28) SBFF LTD	B	100,000,000	BANK RECORDS
(29) SCP REAL ASSETS FUND (A) LP	B	187,500	BANK RECORDS
(30) SCP REAL ASSETS FUND (A) LP	S	3,036,140	BANK RECORDS
(31) SEA SMOKE FUND LTD	S	140,667,585	BANK RECORDS
(32) SP SMC PARTNERS LLC	B	2,497,500	BANK RECORDS
(33) SP SMC PARTNERS LLC	S	2,993,491	BANK RECORDS
(34) STANFORD INDIA PVT LTD	M	293,249	BANK RECORDS
(35) STANFORD SGGS EUROPE INC	S	1,127,550	BANK RECORDS
(36) STANFORD-STARTX FUND LLC	B	23,881,200	BANK RECORDS
(37) STANFORD-STARTX FUND LLC	S	1,245,435	BANK RECORDS
(38) STRUCTURED SERVICING HOLDINGS (OFFSHORE) LTD	S	93,938,445	BANK RECORDS
(39) WINTER ROCK ALTERNATIVE CREDIT I LP	B	361,182	BANK RECORDS
(40) WINTER ROCK ALTERNATIVE CREDIT I LP	S	516,990	BANK RECORDS
(41) WOLFF REAL ESTATE PARTNERS III A LP	B	28,364,464	BANK RECORDS
(42) WOLFF REAL ESTATE PARTNERS III A LP	S	3,694,113	BANK RECORDS
(43) LUCILE SALTER PACKARD CHILDRENS HOSPITAL	J	1,839,886	BOOK
(44) LUCILE SALTER PACKARD CHILDRENS HOSPITAL	K	854,514	BOOK
(45) LUCILE SALTER PACKARD CHILDRENS HOSPITAL	L	291,622,971	BOOK
(46) LUCILE SALTER PACKARD CHILDRENS HOSPITAL	M	3,163,903	BOOK
(47) LUCILE SALTER PACKARD CHILDRENS HOSPITAL	N	1,007,447	BOOK
(48) LUCILE SALTER PACKARD CHILDRENS HOSPITAL	R	250,000	BOOK
(49) LUCILE SALTER PACKARD CHILDRENS HOSPITAL	S	27,775,118	BOOK
(50) STANFORD HEALTH CARE	J	6,496,245	BOOK
(51) STANFORD HEALTH CARE	K	9,349,007	BOOK
(52) STANFORD HEALTH CARE	L	799,458,975	BOOK
(53) STANFORD HEALTH CARE	M	42,311,704	BOOK
(54) STANFORD HEALTH CARE	N	3,758,270	BOOK
(55) STANFORD HEALTH CARE	R	2,175,500	BOOK
(56) STANFORD HEALTH CARE	S	98,269,964	BOOK
(57) PACKARD CHILDREN'S HEALTH ALLIANCE	Q	244,643	BOOK
(58) STANFORD PET-CT LLC	L	2,178,217	BOOK
(59) STANFORD PET-CT LLC	S	8,583,783	BOOK
(60) SHR HOLDINGS INC	C	17,916,184	BOOK
(61) SHR HOLDINGS INC	Q	2,502,331	BOOK
(62) STANFORD (BEIJING) CONSULTING CO LTD (WFOE)	M	2,576,808	BOOK
(63) STANFORD EMANUEL RAD ONCOLOGY CENTER	L	752,189	BOOK
(64) STANFORD FACULTY CLUB	Q	257,715	BOOK
(65) STANFORD FEDERAL CREDIT UNION	A	216,859	BOOK
(66) STANFORD FEDERAL CREDIT UNION	L	428,759	BOOK
(67) STANFORD IN JAPAN GODO KAISHA	M	996,595	BOOK
(68) STANFORD PROGRAMME(CAPE TOWN) NPC	B	1,275,284	BOOK
(69) STANFORD UNIVERSITY BOOK STORE	A	150,900	BOOK
(70) STANFORD UNIVERSITY EMPLOYEE BENEFITS TRUST	R	16,017,907	BOOK
(71) THE DUDLEY E CHAMBERS FOUNDATION	C	2,263,427	BOOK
(72) THE FREIDENRICH SUPPORT FOUNDATION	C	147,500	BOOK
(73) THE HONG KONGSTANFORD UNIVERSITY CHARITABLE	C	1,382,804	BOOK
(74) THE STANFORD TRUST	C	3,156,955	BOOK

Schedule R (Form 990) 2019

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)	(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?
(a) Name, address, and EIN of entity	(b) Primary activity	(c) Legal domicile (state or foreign country)	Yes	No	(f) Share of total income	(g) Share of end-of-year assets	Yes	No	(i) Code V-UBI amount in box 20 of Schedule K-1 (Form 1065)	Yes	No

Schedule R (Form 990) 2019

Page 5

Part VII

Supplemental Information

Provide additional information for responses to questions on Schedule R. (see instructions).

Return Reference

Explanation

SCHEDULE R, PART IV, LINE (5)

CHARITABLE LEAD ANNUITY TRUSTS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. SCHEDULE R, PART IV, LINE (6) CHARITABLE REMAINDER TRUSTS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. SCHEDULE R, PART IV, LINE (5) OTHER TRUSTS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. SCHEDULE R, PART IV, LINE (6) POOLED INCOME FUNDS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. SCHEDULE R, PART V, LINE (1) AMOUNTS REPORTED FOR STANFORD UNIVERSITY BOOK STORE WERE DETERMINED USING STANFORD UNIVERSITY BOOK STORE'S BOOKS, WHICH WERE PREPARED ON A FISCAL YEAR ENDING JUNE 2018.

Schedule R (Form 990) 2019

Additional Data

Software ID:
Software Version:

1	Briefly describe the organization’s mission or most significant activities: STANFORD UNIVERSITY IS ONE OF A SELECT GROUP OF AMERICAN UNIVERSITIES THAT HAVE ACHIEVED EMINENCE IN BOTH UNDERGRADUATE AND GRADUATE EDUCATION AND RESEARCH - CONT'D SCH O.
2	Check this box
3	Number of voting members of the governing body (Part VI, line 1a) ........	3	31
4	Number of independent voting members of the governing body (Part VI, line 1b) .....	4	29
5	Total number of individuals employed in calendar year 2019 (Part V, line 2a) ......	5	38,637
6	Total number of volunteers (estimate if necessary) .............	6	11,000
7a	Total unrelated business revenue from Part VIII, column (C), line 12 ........	7a	116,087,433
b	Net unrelated business taxable income from Form 990-T, line 39 .........	7b

		Prior Year	Current Year
8	Contributions and grants (Part VIII, line 1h) .........	2,355,413,071	2,244,620,385
9	Program service revenue (Part VIII, line 2g) .........	2,718,965,964	2,778,702,641
10	Investment income (Part VIII, column (A), lines 3, 4, and 7d ) ....	2,113,341,870	2,033,090,705
11	Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e)	154,001,349	172,507,397
12	Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12)	7,341,722,254	7,228,921,128
13	Grants and similar amounts paid (Part IX, column (A), lines 1–3 )...	461,687,755	514,275,559
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)	3,300,121,531	3,495,401,500
16a	Professional fundraising fees (Part IX, column (A), line 11e) .....	176,476	125,490
b	Total fundraising expenses (Part IX, column (D), line 25) 111,382,363
17	Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e)....	2,035,405,437	2,111,715,608
18	Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25)	5,797,391,199	6,121,518,157
19	Revenue less expenses. Subtract line 18 from line 12.......	1,544,331,055	1,107,402,971
		Beginning of Current Year	End of Year
20	Total assets (Part X, line 16).............	41,954,221,978	44,036,785,688
21	Total liabilities (Part X, line 26).............	7,263,002,538	7,153,347,971
22	Net assets or fund balances. Subtract line 21 from line 20.....	34,691,219,440	36,883,437,717

Sign Here

	Signature of officer	Date

	Type or print name and title


4a	(Code: ) (Expenses $ 1,967,458,746 including grants of $ 46,045,862 ) (Revenue $ 864,018,744 )
	INSTRUCTION AND DEPARTMENTAL RESEARCH - SEE SCH O.

4b	(Code: ) (Expenses $ 1,170,599,959 including grants of $ 24,837,734 ) (Revenue $ 209,735,599 )
	ORGANIZED RESEARCH - REVENUE AMOUNT REPORTED ON LINE 4B EXCLUDES $1,299,124,766 IN GOVERNMENT RESEARCH SUPPORT, WHICH IS REPORTED AS CONTRIBUTION REVENUE ON LINE 1E OF PART VIII. CONT'D SCH O.

4c	(Code: ) (Expenses $ 1,207,515,519 including grants of $ 1,402,907 ) (Revenue $ 1,284,646,479 )
	UNIVERSITY AUXILIARY ACTIVITIES - SEE SCH O.

4d	Other program services (Describe in Schedule O.)
	(Expenses $ 1,072,812,268 including grants of $ 441,989,056 ) (Revenue $ 420,301,819 )
4e	Total program service expenses5,418,386,492

1b	Sub-Total................
c	Total from continuation sheets to Part VII, Section A....
d	Total (add lines 1b and 1c)...........	33,515,740	0	5,144,827

1a	Federated campaigns..		1a
b	Membership dues..		1b
c	Fundraising events..		1c	1,989,625
d	Related organizations		1d
e	Government grants (contributions)		1e	1,299,124,766

f	All other contributions, gifts, grants, and similar amounts not included above		1f	943,505,994

g	Noncash contributions included in lines 1a - 1f:$		1g	149,447,264

h Total. Add lines 1a-1f.......		2,244,620,385

		Business Code
2a	STUDENT INCOME	900099	938,464,228	938,464,228
b	GOVT.& NON GOVT.CONTRACT	900099	209,735,599	209,735,599
c	PATIENT CARE	900099	1,089,421,475	1,089,421,475
d	SPECIAL PROGRAMS	900099	540,007,377	540,007,377
e	DRIVING RANGE	713910	666,513		666,513
f	All other program service revenue.		407,449		407,449
g	Total. Add lines 2a–2f .....		2,778,702,641

3 Investment income (including dividends, interest, and othersimilar amounts) ......			220,117,552		56,992,181	163,125,371
4 Income from investment of tax-exempt bond proceeds			1,019,554			1,019,554
5 Royalties...........			7,386,984			7,386,984
		(ii) Personal	(i) Real
6a	Gross rents		182,471,330	6a
b	Less: rental expenses		19,391,835	6b
c	Rental income or (loss)	0	163,079,495	6c
d	Net rental income or (loss).......			163,079,495			163,079,495
		(ii) Other	(i) Securities
7a	Gross amount from sales of assets other than inventory	5,690,443	13,361,857,850	7a
b	Less: cost or other basis and sales expenses	4,152,049	11,551,442,644	7b
c	Gain or (loss)	1,538,394	1,810,415,206	7c
d	Net gain or (loss).........			1,811,953,599		58,021,290	1,753,932,309
8a	Gross income from fundraising events (not including $ 1,989,625of contributions reported on line 1c). See Part IV, line 18 ....
			8a	75,164
b	Less: direct expenses ...		8b	1,129,159
c	Net income or (loss) from fundraising events..			-1,053,995			-1,053,995
9a	Gross income from gaming activities. See Part IV, line 19 ...
			9a	0
b	Less: direct expenses ...		9b	0
c	Net income or (loss) from gaming activities..			0
10a	Gross sales of inventory, less returns and allowances ..
			10a	4,780,280
b	Less: cost of goods sold ..		10b	1,685,367
c	Net income or (loss) from sales of inventory..			3,094,913			3,094,913
Business Code			Miscellaneous Revenue
11a
b
c
d	All other revenue ....
e	Total. Add lines 11a–11d ......			0
12	Total revenue. See instructions.....			7,228,921,128	2,777,628,679	116,087,433	2,090,584,631

1	Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 ....	35,864,490	35,864,490
2	Grants and other assistance to domestic individuals. See Part IV, line 22 ...........	471,719,303	471,719,303
3	Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. .............	6,691,766	6,691,766
4	Benefits paid to or for members .......	0
5	Compensation of current officers, directors, trustees, and key employees ...........	10,501,948	3,675,682	5,986,110	840,156
6	Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) .........	3,243,708	2,075,973		1,167,735
7	Other salaries and wages........	2,794,927,117	2,558,560,923	176,005,599	60,360,595
8	Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) ....	176,835,952	152,465,538	19,720,091	4,650,323
9	Other employee benefits .......	356,034,566	306,720,291	39,925,511	9,388,764
10	Payroll taxes ...........	153,858,209	132,417,255	17,370,017	4,070,937
11	Fees for services (non-employees):
a	Management ......	3,672,908	3,543,051	129,852	5
b	Legal .........	14,033,331	2,579,822	11,393,221	60,288
c	Accounting ...........	2,883,427	246,295	2,632,322	4,810
d	Lobbying ...........	72,806	855	71,951
e	Professional fundraising services. See Part IV, line 17	125,490			125,490
f	Investment management fees ......	47,901,005		47,901,005
g	Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O)	269,127,611	216,565,495	40,671,016	11,891,100
12	Advertising and promotion ....	7,172,615	7,080,998	55,415	36,202
13	Office expenses .......	276,604,669	260,201,275	14,852,818	1,550,576
14	Information technology ......	35,260,814	20,268,602	13,734,192	1,258,020
15	Royalties ..	8,564,937	4,141,365	4,408,959	14,613
16	Occupancy ...........	218,280,038	190,992,635	24,512,814	2,774,589
17	Travel ............	95,145,188	88,400,728	4,432,575	2,311,885
18	Payments of travel or entertainment expenses for any federal, state, or local public officials .	3,046		3,046
19	Conferences, conventions, and meetings ....	18,777,851	16,888,388	1,668,803	220,660
20	Interest ...........	118,910,556	110,971,445	7,082,262	856,849
21	Payments to affiliates .......	0
22	Depreciation, depletion, and amortization ..	380,141,937	324,833,551	51,944,739	3,363,647
23	Insurance ...	36,523,125	3,713,064	32,769,986	40,075
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	EQUIPMENT RENT & MAINTENANCE	33,701,733	30,024,381	3,327,645	349,707
b	PRINTING & PUBLICATION	12,158,300	9,169,035	1,332,453	1,656,812
c	SLAC CONSTRUCTION	291,477,009	291,281,731	190,343	4,935
d	RESEARCH SUBAWARDS	71,596,818	71,596,818
e	All other expenses	169,705,884	95,695,737	69,626,557	4,383,590
25	Total functional expenses. Add lines 1 through 24e	6,121,518,157	5,418,386,492	591,749,302	111,382,363
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 if following SOP 98-2 (ASC 958-720).

1	Cash–non-interest-bearing ........			172,009	1	210,374
2	Savings and temporary cash investments .........			260,201,276	2	265,584,312
3	Pledges and grants receivable, net ......			1,356,535,154	3	1,321,168,457
4	Accounts receivable, net .............			377,500,511	4	399,256,891
5	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .......
				17,905,504	5	13,009,954
6	Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), and persons described in section 4958(c)(3)(B) ...
				0	6	0
7	Notes and loans receivable, net ...........			730,545,526	7	759,487,286
8	Inventories for sale or use ............			4,798,391	8	3,624,582
9	Prepaid expenses and deferred charges ......			91,412,020	9	84,041,216
10a	Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D	10a	11,341,925,677
b	Less: accumulated depreciation	10b	4,834,388,938	5,623,282,872	10c	6,507,536,739
11	Investments—publicly traded securities .			8,106,228,459	11	8,335,689,912
12	Investments—other securities. See Part IV, line 11 .....			25,385,640,256	12	26,347,175,965
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 33)...			41,954,221,978	16	44,036,785,688

17	Accounts payable and accrued expenses .....	1,441,881,812	17	1,461,449,758
18	Grants payable ...	0	18	0
19	Deferred revenue .........	871,728,972	19	1,118,899,317
20	Tax-exempt bond liabilities .........	1,578,888,000	20	1,563,723,000
21	Escrow or custodial account liability. Complete Part IV of Schedule D	0	21	0
22	Loans and other payables to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or 35% controlled entity or family member of any of these persons .........
		0	22	0
23	Secured mortgages and notes payable to unrelated third parties ..	2,375,252,595	23	2,270,573,852
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	995,251,159	25	738,702,044
26	Total liabilities. Add lines 17 through 25..	7,263,002,538	26	7,153,347,971

	Organizations that follow FASB ASC 958, check here and complete lines 27, 28, 32, and 33.
27	Net assets without donor restrictions ..........		27
28	Net assets with donor restrictions ...........		28
	Organizations that do not follow FASB ASC 958, check here and complete lines 29 through 33.
29	Capital stock or trust principal, or current funds .....		29
30	Paid-in or capital surplus, or land, building or equipment fund ...		30
31	Retained earnings, endowment, accumulated income, or other funds		31
32	Total net assets or fund balances ...........	34,691,219,440	32	36,883,437,717
33	Total liabilities and net assets/fund balances ........	41,954,221,978	33	44,036,785,688

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). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
2	Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to separately 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; don't file with Form 990). . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
3	Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
4	Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .	Yes	No
5	Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No
6	Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .	Yes	No