Form990
Click to see attachment
Department of the TreasuryInternal Revenue Service
Return of Organization Exempt From Income Tax
Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations)
MediumBullet Do not enter social security numbers on this form as it may be made public.
MediumBullet Go to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
A For the 2019 calendar year, or tax year beginning 07-01-2019 , and ending 06-30-2020
BCheck if applicable:
CName of organization
Trustees of Boston University
 
% GILLIAN EMMONS
Doing business as
 
 
Number and street (or P.O. box if mail is not delivered to street address)
881 COMMONWEALTH AVE 4TH FL
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BOSTON, MA022151303
D Employer identification number

04-2103547
E Telephone number

G Gross receipts $ 5,137,481,005
F Name and address of principal officer:
ROBERT A BROWN PRESIDENT
ONE SILBER WAY
BOSTON,MA02215
I
Tax-exempt status: (   ) LeftBullet (insert no.) or
J
Website:MediumBullet
http://www.bu.edu
H(a)
Is this a group return for
subordinates?
H(b)
Are all subordinates
included?
If "No," attach a list. (see instructions)
H(c)
Group exemption number MediumBullet  
K Form of organization:  
L Year of formation: 1869
M State of legal domicile: MA
Part I
Summary
Activities & Governance 1 Briefly describe the organization’s mission or most significant activities: SEE SCHEDULE O
2 Check this box MediumBullet
3 Number of voting members of the governing body (Part VI, line 1a) ........ 3 41
4 Number of independent voting members of the governing body (Part VI, line 1b) ..... 4 38
5 Total number of individuals employed in calendar year 2019 (Part V, line 2a) ...... 5 27,760
6 Total number of volunteers (estimate if necessary) ............. 6 1,100
7a Total unrelated business revenue from Part VIII, column (C), line 12 ........ 7a 14,870,148
b Net unrelated business taxable income from Form 990-T, line 39 ......... 7b 0
Revenues Prior Year Current Year
8 Contributions and grants (Part VIII, line 1h) ......... 523,093,884 572,381,320
9 Program service revenue (Part VIII, line 2g) ......... 1,960,355,521 1,918,259,897
10 Investment income (Part VIII, column (A), lines 3, 4, and 7d ) .... 141,935,457 83,863,541
11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and 11e) 36,123,706 41,354,087
12 Total revenue—add lines 8 through 11 (must equal Part VIII, column (A), line 12) 2,661,508,568 2,615,858,845
Expenses; 13 Grants and similar amounts paid (Part IX, column (A), lines 1–3 )... 571,374,112 639,854,660
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) 1,196,804,521 1,237,039,914
16a Professional fundraising fees (Part IX, column (A), line 11e) ..... 123,321 143,197
b Total fundraising expenses (Part IX, column (D), line 25) MediumBullet34,557,250    
17 Other expenses (Part IX, column (A), lines 11a–11d, 11f–24e).... 660,600,708 628,214,377
18 Total expenses. Add lines 13–17 (must equal Part IX, column (A), line 25) 2,428,902,662 2,505,252,148
19 Revenue less expenses. Subtract line 18 from line 12....... 232,605,906 110,606,697
Net Assets or Fund Balances; Beginning of Current Year End of Year
20 Total assets (Part X, line 16)............. 7,019,919,366 7,207,997,851
21 Total liabilities (Part X, line 26)............. 2,887,510,634 3,010,163,782
22 Net assets or fund balances. Subtract line 21 from line 20..... 4,132,408,732 4,197,834,069
Part II
Signature Block
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge.
Sign Here
JumboBullet
Signature of officer Date
JumboBullet
Type or print name and title
Paid Preparer Use Only
Print/Type preparer's name
Preparer's signature
Date
PTIN
Firm's name MediumBullet

Firm's EIN MediumBullet
Firm's address MediumBullet



Phone no.
May the IRS discuss this return with the preparer shown above? (see instructions) ..........
For Paperwork Reduction Act Notice, see the separate instructions.
Cat. No. 11282Y Form 990 (2019)
Form 990 (2019)
Page 2
Part III
Statement of Program Service Accomplishments
Check if Schedule O contains a response or note to any line in this Part III..............
1
Briefly describe the organization’s mission: SEE SCHEDULE O
2
Did the organization undertake any significant program services during the year which were not listed on
the prior Form 990 or 990-EZ? .....................
If "Yes," describe these new services on Schedule O.
3
Did the organization cease conducting, or make significant changes in how it conducts, any program
services? ...........................
If "Yes," describe these changes on Schedule O.
4
Describe the organization’s program service accomplishments for each of its three largest program services, as measured by expenses. Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported.
4a (Code:   ) (Expenses $ 1,483,681,613 including grants of $ 534,452,663 ) (Revenue $ 1,624,826,840 )
SEE SCHEDULE O
4b (Code:   ) (Expenses $ 337,925,826 including grants of $ 105,401,997 ) (Revenue $ 23,511,317 )
RESEARCH - WHAT SETS BOSTON UNIVERSITY APART AS A RESEARCH UNIVERSITY IS THE BREADTH AND DEPTH OF ITS RESEARCH AND THE UNIQUELY ENTREPRENEURIAL SPIRIT OF ITS FACULTY. RESEARCHERS AT BU ARE NOT AFRAID TO CROSS DISCIPLINARY BOUNDARIES, AS CAN BE SEEN BY STRATEGIC EFFORTS TO SUPPORT INTERDISCIPLINARY RESEARCH AND EDUCATION IN NEUROSCIENCE, RELIGION AND WORLD AFFAIRS, INTEGRATIVE BIOLOGY, CLEAN ENERGY, SUSTAINABILITY AND THE ENVIRONMENT, HEALTH CARE DELIVERY, AND GLOBAL HEALTH, TO NAME A FEW. IN EACH CASE, THE EMPHASIS IS NOT ON INTERDISCIPLINARITY FOR ITS OWN SAKE, BUT ON USING A MULTIFACETED APPROACH TO SOLVE THE IMPORTANT AND COMPLEX PROBLEMS FACING SOCIETY TODAY.
4c (Code:   ) (Expenses $ 289,965,136 including grants of $   ) (Revenue $ 269,921,740 )
AUXILIARIES - AUXILIARY ENTERPRISES SUPPORT THE MISSION OF BOSTON UNIVERSITY BY PROVIDING ESSENTIAL SERVICES TO THE CAMPUS COMMUNITY. THEY ARE ENTERPRISES IN THAT THEY ARE GENERALLY SELF-SUPPORTING ACTIVITIES, RECOVERING THEIR COSTS THROUGH THE FEES OR PRICES THEY CHARGE FOR THEIR GOODS AND SERVICES. AT BOSTON UNIVERSITY, AUXILIARY ENTERPRISES ARE DESIGNED TO DELIVER SUPERIOR QUALITY SERVICES THAT ARE EXPECTED BY THE STUDENTS, FACULTY, STAFF AND ALUMNI.
4d Other program services (Describe in Schedule O.)
(Expenses $ 157,830,706 including grants of $   ) (Revenue $   )
4e Total program service expensesMediumBullet2,269,403,281
Form 990 (2019)
Form 990 (2019)
Page 3
Part IV
Checklist of Required Schedules
Yes
No
1
Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Schedule AClick to see attachment.....................
1
Yes
 
2
Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? ...
2
 
No
3
Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates for public office? If "Yes," complete Schedule C, Part IClick to see attachment.............
3
 
No
4
Section 501(c)(3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes," complete Schedule C, Part IIClick to see attachment.........
4
Yes
 
5
Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-19? If "Yes," complete Schedule C, Part IIIClick to see attachment..
5
 
No
6
Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? If "Yes," complete Schedule D, Part IClick to see attachment.........................
6
 
No
7
Did the organization receive or hold a conservation easement, including easements to preserve open space,
the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part IIClick to see attachment....
7
 
No
8
Did the organization maintain collections of works of art, historical treasures, or other similar assets? If "Yes,"
complete Schedule D, Part IIIClick to see attachment..............
8
Yes
 
9
Did the organization report an amount in Part X, line 21 for escrow or custodial account liability; serve as a custodian for amounts not listed in Part X; or provide credit counseling, debt management, credit repair, or debt negotiation services? If "Yes," complete Schedule D, Part IVClick to see attachment..............
9
 
No
10
Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, permanent endowments, or quasi endowments? If "Yes," complete Schedule D, Part VClick to see attachment......
10
Yes
 
11
If the organization’s answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable.
a
Did the organization report an amount for land, buildings, and equipment in Part X, line 10? If "Yes," complete
Schedule D, Part VI. Click to see attachment...................
11a
Yes
 
b
Did the organization report an amount for investments—other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIClick to see attachment.......
11b
Yes
 
c
Did the organization report an amount for investments—program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIIIClick to see attachment.......
11c
 
No
d
Did the organization report an amount for other assets in Part X, line 15 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part IXClick to see attachment............
11d
 
No
e
Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, Part XClick to see attachment
11e
Yes
 
f
Did the organization’s separate or consolidated financial statements for the tax year include a footnote that addresses the organization’s liability for uncertain tax positions under FIN 48 (ASC 740)? If "Yes," complete Schedule D, Part XClick to see attachment
11f
Yes
 
12a
Did the organization obtain separate, independent audited financial statements for the tax year? If "Yes," complete
Schedule D, Parts XI and XIIClick to see attachment......................
12a
 
No
b
Was the organization included in consolidated, independent audited financial statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional Click to see attachment
12b
Yes
 
13
Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes," complete Schedule EClick to see attachment
13
Yes
 
14a
Did the organization maintain an office, employees, or agents outside of the United States? .....
14a
Yes
 
b
Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraising, business, investment, and program service activities outside the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes," complete Schedule F, Parts I and IV.........Click to see attachment
14b
Yes
 
15
Did the organization report on Part IX, column (A), line 3, more than $5,000 of grants or other assistance to or for any foreign organization? If “Yes,” complete Schedule F, Parts II and IV.....Click to see attachment
15
Yes
 
16
Did the organization report on Part IX, column (A), line 3, more than $5,000 of aggregate grants or other assistance to or for foreign individuals? If “Yes,” complete Schedule F, Parts III and IV...Click to see attachment
16
Yes
 
17
Did the organization report a total of more than $15,000 of expenses for professional fundraising services on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I(see instructions) ....Click to see attachment
17
Yes
 
18
Did the organization report more than $15,000 total of fundraising event gross income and contributions on Part VIII, lines 1c and 8a? If "Yes," complete Schedule G, Part II............ Click to see attachment
18
Yes
 
19
Did the organization report more than $15,000 of gross income from gaming activities on Part VIII, line 9a? If "Yes," complete Schedule G, Part III...................Click to see attachment
19
 
No
20a
Did the organization operate one or more hospital facilities? If "Yes," complete Schedule H....
20a
 
No
b
If "Yes" to line 20a, did the organization attach a copy of its audited financial statements to this return?
20b
 
 
21
Did the organization report more than $5,000 of grants or other assistance to any domestic organization or domestic government on Part IX, column (A), line 1? If “Yes,” complete Schedule I, Parts I and II.....Click to see attachment
21
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 4
Part IV
Checklist of Required Schedules (continued)
Yes
No
22
Did the organization report more than $5,000 of grants or other assistance to or for domestic individuals on Part IX, column (A), line 2? If “Yes,” complete Schedule I, Parts I and III........Click to see attachment
22
Yes
 
23
Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization’s current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule J....................... Click to see attachment
23
Yes
 
24a
Did the organization have a tax-exempt bond issue with an outstanding principal amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If “Yes,” answer lines 24b through 24d and complete Schedule K. If “No,” go to line 25a...............Click to see list of attachments
24a
Yes
 
b
Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception?...
24b
Yes
 
c
Did the organization maintain an escrow account other than a refunding escrow at any time during the year
to defease any tax-exempt bonds? ...............
24c
 
No
d
Did the organization act as an "on behalf of" issuer for bonds outstanding at any time during the year?...
24d
 
No
25a
Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction with a disqualified person during the year? If "Yes," complete Schedule L, Part I .... Click to see attachment
25a
 
No
b
Is the organization aware that it engaged in an excess benefit transaction with a disqualified person in a prior year, and that the transaction has not been reported on any of the organization’s prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I.......................Click to see attachment
25b
 
No
26
Did the organization report any amount on Part X, line 5 or 22 for receivables from or 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? If "Yes," complete Schedule L, Part IIClick to see attachment...........
26
 
No
27
Did the organization provide a grant or other assistance to any current or former officer, director, trustee, key employee, creator or founder, substantial contributor, or employee thereof, a grant selection committee member, or to a 35% controlled entity (including an employee thereof) or family member of any of these persons?
If "Yes," complete
Schedule L, Part IIIClick to see attachment.........................
27
 
No
28
Was the organization a party to a business transaction with one of the following parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions):
a
A current or former officer, director, trustee, key employee, creator or founder, or substantial contributor? If "Yes," complete Schedule L, Part IV......................Click to see attachment
28a
 
No
b
A family member of any individual described in line 28a? If "Yes," complete Schedule L, Part IV.....Click to see attachment
28b
Yes
 
c
A 35% controlled entity of one or more individuals and/or organizations described in lines 28a or 28b? If "Yes," complete Schedule L, Part IV..................... Click to see attachment
28c
Yes
 
29
Did the organization receive more than $25,000 in non-cash contributions? If "Yes," complete Schedule M..Click to see attachment
29
Yes
 
30
Did the organization receive contributions of art, historical treasures, or other similar assets, or qualified conservation contributions? If "Yes," complete Schedule M .................Click to see attachment
30
Yes
 
31
Did the organization liquidate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I
31
 
No
32
Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II........................
32
 
No
33
Did the organization own 100% of an entity disregarded as separate from the organization under Regulations sections 301.7701-2 and 301.7701-3? If "Yes," complete Schedule R, Part I............Click to see attachment
33
Yes
 
34
Was the organization related to any tax-exempt or taxable entity? If "Yes," complete Schedule R, Part II, III, or IV, and Part V, line 1.........................Click to see attachment
34
Yes
 
35a
Did the organization have a controlled entity within the meaning of section 512(b)(13)?
35a
Yes
 
b
If ‘Yes’ to line 35a, did the organization receive any payment from or engage in any transaction with a controlled entity within the meaning of section 512(b)(13)? If "Yes," complete Schedule R, Part V, line 2 ...Click to see attachment
35b
Yes
 
36
Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related organization? If "Yes," complete Schedule R, Part V, line 2.............
36
 
 
37
Did the organization conduct more than 5% of its activities through an entity that is not a related organization and that is treated as a partnership for federal income tax purposes? If "Yes," complete Schedule R, Part VIClick to see attachment
37
 
No
38
Did the organization complete Schedule O and provide explanations in Schedule O for Part VI, lines 11b and 19? Note. All Form 990 filers are required to complete Schedule O. ............
38
Yes
 
Part V
Statements Regarding Other IRS Filings and Tax Compliance
Check if Schedule O contains a response or note to any line in this Part V...........
Yes
No
1a
Enter the number reported in Box 3 of Form 1096. Enter -0- if not applicable ..
1a
40,236
b
Enter the number of Forms W-2G included in line 1a. Enter -0- if not applicable .
1b
0
c
Did the organization comply with backup withholding rules for reportable payments to vendors and reportable gaming (gambling) winnings to prize winners? ..................
1c
Yes
 
Form 990 (2019)
Form 990 (2019)
Page 5
Part V
Statements Regarding Other IRS Filings and Tax Compliance (continued)
2a
Enter the number of employees reported on Form W-3, Transmittal of Wage and
Tax Statements, filed for the calendar year ending with or within the year covered by this return ..................
2a
27,760
b
If at least one is reported on line 2a, did the organization file all required federal employment tax returns?
Note. If the sum of lines 1a and 2a is greater than 250, you may be required to e-file (see instructions)
2b
Yes
 
3a
Did the organization have unrelated business gross income of $1,000 or more during the year?...
3a
Yes
 
b
If “Yes,” has it filed a Form 990-T for this year? If “No” to line 3b, provide an explanation in Schedule O...
3b
Yes
 
4a
At any time during the calendar year, did the organization have an interest in, or a signature or other authority over, a financial account in a foreign country (such as a bank account, securities account, or other financial account)? ..
4a
Yes
 
b
If "Yes," enter the name of the foreign country: MediumBulletAS , BE , EI , FR , GM , IT , NZ , SP , SZ , UK
See instructions for filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR).
5a
Was the organization a party to a prohibited tax shelter transaction at any time during the tax year? ..
5a
 
No
b
Did any taxable party notify the organization that it was or is a party to a prohibited tax shelter transaction?
5b
 
No
c
If "Yes," to line 5a or 5b, did the organization file Form 8886-T? ............
5c
 
 
6a
Does the organization have annual gross receipts that are normally greater than $100,000, and did the organization solicit any contributions that were not tax deductible as charitable contributions? ...
6a
 
No
b
If "Yes," did the organization include with every solicitation an express statement that such contributions or gifts were not tax deductible? ......................
6b
 
 
7
Organizations that may receive deductible contributions under section 170(c).
a
Did the organization receive a payment in excess of $75 made partly as a contribution and partly for goods and services provided to the payor? ....................
7a
Yes
 
b
If "Yes," did the organization notify the donor of the value of the goods or services provided? .....
7b
Yes
 
c
Did the organization sell, exchange, or otherwise dispose of tangible personal property for which it was required to file Form 8282? .........................
7c
Yes
 
d
If "Yes," indicate the number of Forms 8282 filed during the year ....
7d
3
e
Did the organization receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?
7e
 
No
f
Did the organization, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ..
7f
 
No
g
If the organization received a contribution of qualified intellectual property, did the organization file Form 8899 as required? ......................
7g
 
 
h
If the organization received a contribution of cars, boats, airplanes, or other vehicles, did the organization file a Form 1098-C? ..........................
7h
Yes
 
8
Sponsoring organizations maintaining donor advised funds. Did a donor advised fund maintained by the sponsoring organization have excess business holdings at any time during the year? ........
8
 
 
9
Sponsoring organizations maintaining donor advised funds.
a
Did the sponsoring organization make any taxable distributions under section 4966?........
9a
 
 
b
Did the sponsoring organization make a distribution to a donor, donor advisor, or related person?...
9b
 
 
10
Section 501(c)(7) organizations. Enter:
a
Initiation fees and capital contributions included on Part VIII, line 12 ...
10a
 
b
Gross receipts, included on Form 990, Part VIII, line 12, for public use of club facilities
10b
 
11
Section 501(c)(12) organizations. Enter:
a
Gross income from members or shareholders .........
11a
 
b
Gross income from other sources (Do not net amounts due or paid to other sources against amounts due or received from them.) ..........
11b
 
12a
Section 4947(a)(1) non-exempt charitable trusts. Is the organization filing Form 990 in lieu of Form 1041?
12a
 
 
b
If "Yes," enter the amount of tax-exempt interest received or accrued during the year.
12b
 
13
Section 501(c)(29) qualified nonprofit health insurance issuers.
a
Is the organization licensed to issue qualified health plans in more than one state? .........
Note. See the instructions for additional information the organization must report on Schedule O.
13a
 
 
b
Enter the amount of reserves the organization is required to maintain by the states in which the organization is licensed to issue qualified health plans ....
13b
 
c
Enter the amount of reserves on hand ............
13c
 
14a
Did the organization receive any payments for indoor tanning services during the tax year?.....
14a
 
No
b
If "Yes," has it filed a Form 720 to report these payments? If "No," provide an explanation in Schedule O..
14b
 
 
15
Is the organization subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or excess parachute payment(s) during the year? ....................
If "Yes," see instructions and file Form 4720, Schedule N.
15
Yes
 
16
Is the organization an educational institution subject to the section 4968 excise tax on net investment income? ..
If "Yes," complete Form 4720, Schedule O.
16
 
No
Form 990 (2019)
Form 990 (2019)
Page 6
Part VI
Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule O. See instructions.
Check if Schedule O contains a response or note to any line in this Part VI..............
Section A. Governing Body and Management
Yes
No
1a
Enter the number of voting members of the governing body at the end of the tax year
1a
41
If there are material differences in voting rights among members of the governing body, or if the governing body delegated broad authority to an executive committee or similar committee, explain in Schedule O.
b
Enter the number of voting members included in line 1a, above, who are independent
1b
38
2
Did any officer, director, trustee, or key employee have a family relationship or a business relationship with any other officer, director, trustee, or key employee? .................
2
 
No
3
Did the organization delegate control over management duties customarily performed by or under the direct supervision of officers, directors or trustees, or key employees to a management company or other person? .
3
 
No
4
Did the organization make any significant changes to its governing documents since the prior Form 990 was filed? .
4
 
No
5
Did the organization become aware during the year of a significant diversion of the organization’s assets? .
5
 
No
6
Did the organization have members or stockholders? ................
6
 
No
7a
Did the organization have members, stockholders, or other persons who had the power to elect or appoint one or more members of the governing body? ....................
7a
 
No
b
Are any governance decisions of the organization reserved to (or subject to approval by) members, stockholders, or persons other than the governing body? ...................
7b
 
No
8
Did the organization contemporaneously document the meetings held or written actions undertaken during the year by the following:
a
The governing body? .......................
8a
Yes
 
b
Each committee with authority to act on behalf of the governing body? ............
8b
Yes
 
9
Is there any officer, director, trustee, or key employee listed in Part VII, Section A, who cannot be reached at the organization’s mailing address? If "Yes," provide the names and addresses in Schedule O.......
9
 
No
Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.)
Yes
No
10a
Did the organization have local chapters, branches, or affiliates? ............
10a
 
No
b
If "Yes," did the organization have written policies and procedures governing the activities of such chapters, affiliates, and branches to ensure their operations are consistent with the organization's exempt purposes?
10b
 
 
11a
Has the organization provided a complete copy of this Form 990 to all members of its governing body before filing the form? ............................
11a
Yes
 
b
Describe in Schedule O the process, if any, used by the organization to review this Form 990. .....
12a
Did the organization have a written conflict of interest policy? If "No," go to line 13.......
12a
Yes
 
b
Were officers, directors, or trustees, and key employees required to disclose annually interests that could give rise to conflicts? ..........................
12b
Yes
 
c
Did the organization regularly and consistently monitor and enforce compliance with the policy? If "Yes," describe in Schedule O how this was done...................
12c
Yes
 
13
Did the organization have a written whistleblower policy? ...............
13
Yes
 
14
Did the organization have a written document retention and destruction policy? .........
14
Yes
 
15
Did the process for determining compensation of the following persons include a review and approval by independent persons, comparability data, and contemporaneous substantiation of the deliberation and decision?
a
The organization’s CEO, Executive Director, or top management official ...........
15a
Yes
 
b
Other officers or key employees of the organization ................
15b
Yes
 
If "Yes" to line 15a or 15b, describe the process in Schedule O (see instructions).
16a
Did the organization invest in, contribute assets to, or participate in a joint venture or similar arrangement with a taxable entity during the year? ......................
16a
Yes
 
b
If "Yes," did the organization follow a written policy or procedure requiring the organization to evaluate its participation in joint venture arrangements under applicable federal tax law, and take steps to safeguard the organization’s exempt status with respect to such arrangements? ............
16b
Yes
 
Section C. Disclosure
17
List the states with which a copy of this Form 990 is required to be filedMediumBullet
AK , CA , HI , KY , MD , MA , MI , NV , NH , NY , ND , OR , SC
18
Section 6104 requires an organization to make its Form 1023 (or 1024-A if applicable), 990, and 990-T (501(c)(3)s only) available for public inspection. Indicate how you made these available. Check all that apply.
19
Describe in Schedule O whether (and if so, how) the organization made its governing documents, conflict of interest policy, and financial statements available to the public during the tax year.
20
State the name, address, and telephone number of the person who possesses the organization's books and records:
MediumBulletGILLIAN EMMONS881 COMMONWEALTH AVENUE 4TH FLOOR   BOSTON,MA022151303 (617) 353-2290
Form 990 (2019)
Form 990 (2019)
Page 7
Part VII
Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors
Check if Schedule O contains a response or note to any line in this Part VII..............
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees
1a Complete this table for all persons required to be listed. Report compensation for the calendar year ending with or within the organization’s tax year.
RoundBullet List all of the organization’s current officers, directors, trustees (whether individuals or organizations), regardless of amount
of compensation. Enter -0- in columns (D), (E), and (F) if no compensation was paid.

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

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

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

See instructions for the order in which to list the persons above.
Check this box if neither the organization nor any related organization compensated any current officer, director, or trustee.
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(1) ROBERT A BROWN......................................................................
PRESIDENT
 55.0
.................
1.0 		X   X       1,602,979 0 503,782
(2) TONY TANNOURY......................................................................
PROFESSOR & PHYSICIAN
 0.0
.................
55.0 		        X   0 1,703,278 157,349
(3) PUSHKAR MEHRA......................................................................
PROFESSOR & ORAL SURGEON
 55.0
.................
0.0 		        X   1,478,966 0 57,737
(4) CLARISSA HUNNEWELL......................................................................
CHIEF INVESTMENT OFFICER
 55.0
.................
0.0 		        X   1,186,353 0 33,212
(5) JEAN MORRISON......................................................................
UNIVERSITY PROVOST
 55.0
.................
0.0 		      X     813,315 0 314,261
(6) WILLIAM CREEVY......................................................................
PROFESSOR & PHYSICIAN
 0.0
.................
55.0 		        X   0 1,062,807 58,310
(7) ANDREW STEIN......................................................................
PROFESSOR & PHYSICIAN
 0.0
.................
55.0 		        X   0 1,048,880 58,257
(8) KAREN H ANTMAN......................................................................
MEDICAL CAMPUS PROVOST
 55.0
.................
4.0 		      X     937,573 0 32,915
(9) TODD L C KLIPP......................................................................
FMR SR VP, SR COUNS, SEC
 7.0
.................
0.0 		          X 760,245 0 19,663
(10) GARY W NICKSA......................................................................
SR VP FOR OPERATIONS
 55.0
.................
1.0 		      X     590,825 0 58,550
(11) ERIKA GEETTER......................................................................
SR VP, GEN COUNSEL, BOARD SEC
 55.0
.................
0.0 		    X       610,953 0 37,072
(12) MARTIN J HOWARD......................................................................
SR VP, CFO, & TREASURER
 55.0
.................
1.0 		    X       582,139 0 35,232
(13) CATALDO W LEONE......................................................................
TRUSTEE & PROF (UNTIL 5/30/20)
 55.0
.................
0.0 		X           290,652 0 60,705
(14) EILEEN O'KEEFE......................................................................
TRUSTEE & PROF (AS OF 6/1/20)
 55.0
.................
0.0 		X           130,004 0 35,936
(15) KENNETH J FELD......................................................................
CHAIR
 3.0
.................
0.0 		X           0 0 0
(16) J KENNETH MENGES JR......................................................................
TRUSTEE-VCHAIR (UNTIL 9/20/19)
 3.0
.................
0.0 		X           0 0 0
(17) RICHARD D REIDY......................................................................
TRUSTEE - VICE CHAIR
 3.0
.................
0.0 		X           0 0 0
Form 990 (2019)
Form 990 (2019)
Page 8
Part VII
Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued)
(A)
Name and title 		(B)
Average hours per week (list any hours for related organizations below dotted line) 		(C)
Position (do not check more than one box, unless person is both an officer and a director/trustee) 		(D)
Reportable compensation from the organization (W-2/1099-MISC) 		(E)
Reportable compensation from related organizations (W-2/1099-MISC) 		(F)
Estimated amount of other compensation from the organization and related organizations
Individual Trustee or Director; Institutional Trustee; OfficerInd; Key Employee; Highest compensated employee; FormerOfcrDirectorTrusteeInd;
(18) CARLA E MEYER........................................................................
TRUSTEE - VICE CHAIR
 3.0
.......................0.0 		X           0 0 0
(19) RYAN K ROTH GALLO........................................................................
TRUSTEE-VCHAIR (AS OF 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(20) WILLIAM D BLOOM........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(21) RICHARD D COHEN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(22) CYNTHIA R COHEN........................................................................
TRUSTEE (AS OF 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(23) JONATHAN R COLE........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(24) SHAMIM A DAHOD........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(25) NATHANIEL DALTON........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(26) SUDARSHANA DEVADHAR........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(27) AHMASS L FAKAHANY........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(28) MAURICE R FERRE........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(29) SANDRA A FRAZIER........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(30) MICHAEL D FRICKLAS........................................................................
TRUSTEE (AS OF 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(31) CAROL N FULP........................................................................
TRUSTEE (UNTIL 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(32) RICHARD C GODFREY........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(33) JOHN P HOWE III........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(34) STEPHEN R KARP........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(35) RAJEN A KILACHAND........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(36) RANCH C KIMBALL........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(37) ROBERT A KNOX........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(38) ANDREW R LACK........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(39) KEVIN MERIDA........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(40) JANE MONCREIFF........................................................................
TRUSTEE (AS OF 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(41) RUTH A MOORMAN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(42) ALICIA C MULLEN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(43) PETER T PAUL........................................................................
TRUSTEE (UNTIL 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(44) JACQUES P PEROLD........................................................................
TRUSTEE (UNTIL 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(45) CA LANCE PICCOLO........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(46) ALLEN I QUESTROM........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(47) SHARON G RYAN........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(48) SD SHIBULAL........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(49) RICHARD SHIPLEY........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(50) HUGO X SHONG........................................................................
TRUSTEE (UNTIL 9/20/19)
 3.0
.......................0.0 		X           0 0 0
(51) KENNETH Z SLATER........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(52) MALEK SUKKAR........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(53) NINA C TASSLER........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(54) ANDREA L TAYLOR........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(55) ELIZABETH C THORS........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(56) PETER WEXLER........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
(57) STEPHEN M ZIDE........................................................................
TRUSTEE
 3.0
.......................0.0 		X           0 0 0
1b Sub-Total................MediumBullet
c Total from continuation sheets to Part VII, Section A....MediumBullet
d Total (add lines 1b and 1c)...........MediumBullet 8,984,004 3,814,965 1,462,981
2
Total number of individuals (including but not limited to those listed above) who received more than $100,000 of reportable compensation from the organization MediumBullet3,419
Yes
No
3
Did the organization list any former officer, director or trustee, key employee, or highest compensated employee on line 1a? If "Yes," complete Schedule J for such individual ..............
3
Yes
 
4
For any individual listed on line 1a, is the sum of reportable compensation and other compensation from the organization and related organizations greater than $150,000? If "Yes," complete Schedule J for such
individual...........................
4
Yes
 
5
Did any person listed on line 1a receive or accrue compensation from any unrelated organization or individual for services rendered to the organization? If "Yes," complete Schedule J for such person ........
5
 
No
Section B. Independent Contractors
1
Complete this table for your five highest compensated independent contractors that received more than $100,000 of compensation from the organization. Report compensation for the calendar year ending with or within the organization’s tax year.
(A)
Name and business address 		(B)
Description of services 		(C)
Compensation
Shawmut Woodworking Supply Inc,
560 Harrison Avenue
Boston,MA02118 		Construction 60,988,609
Walsh Brothers Incorporated,
210 Commercial Street
Boston,MA02109 		Construction 31,670,155
ARAMARK Food and Support Services I,
775 Commonwealth Avenue
Boston,MA02215 		Food Services 25,772,250
Chapman ConstructionDesign Company,
84 Winchester Street
Newton,MA02461 		Construction 12,592,556
Suffolk Construction Company Inc,
65 Allerton Street
Boston,MA02119 		Construction 8,172,239
2
Total number of independent contractors (including but not limited to those listed above) who received more than $100,000 of compensation from the organization MediumBullet364
Form 990 (2019)
Form 990 (2019)
Page 9
Part VIII
Statement of Revenue
Check if Schedule O contains a response or note to any line in this Part VIII.............
(A)
Total revenue 		(B)
Related or
exempt
function
revenue 		(C)
Unrelated
business
revenue 		(D)
Revenue
excluded from
tax under sections
512 - 514
Contributions, Gifts, GrantAmt and OtherAmt Similar Amounts 1a Federated campaigns..1a  
b Membership dues..1b  
c Fundraising events..1c 753,176
d Related organizations1d  
e Government grants (contributions)1e 378,265,743
f All other contributions, gifts, grants, and similar amounts not included above1f 193,362,401
g Noncash contributions included in lines 1a - 1f:$ 1g 12,404,741
h Total. Add lines 1a-1f.......MediumBullet 572,381,320
Program Service RevenueAmt Business Code
2a TUITION AND FEES 900099 1,624,826,840 1,624,826,840    
b AUX SALES & SERVICES 900099 269,921,740 269,921,740    
c NON-GOVERNMENT GRANTS 900099 23,511,317 23,511,317    
d
e
f All other program service revenue.        
g Total. Add lines 2a–2f .....MediumBullet 1,918,259,897
OtherAmtRevenueAmt 3 Investment income (including dividends, interest, and othersimilar amounts) ......MediumBullet 38,797,720   -2,039,624 40,837,344
4 Income from investment of tax-exempt bond proceedsMediumBullet 25,937     25,937
5 Royalties...........MediumBullet 1,656,936     1,656,936
(ii) Personal (i) Real
6a Gross rents   33,297,616 6a
b Less: rental expenses   9,936,978 6b
c Rental income or (loss) 0 23,360,638 6c
d Net rental income or (loss).......MediumBullet 23,360,638     23,360,638
(ii) Other (i) Securities
7a Gross amount from sales of assets other than inventory 580,339 2,555,478,562 7a
b Less: cost or other basis and sales expenses 608,000 2,510,411,017 7b
c Gain or (loss) -27,661 45,067,545 7c
d Net gain or (loss).........MediumBullet 45,039,884   865,259 44,174,625
8a Gross income from fundraising events (not including $ 753,176of contributions reported on line 1c). See Part IV, line 18 ....
8a 958,165
b Less: direct expenses ... 8b 666,165
c Net income or (loss) from fundraising events..MediumBullet 292,000   292,000
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..MediumBullet 0      
10a Gross sales of inventory, less
returns and allowances ..
10a 0
b Less: cost of goods sold .. 10b 0
c Net income or (loss) from sales of inventory..MediumBullet 0      
Business Code Miscellaneous Revenue
11a RENTAL AND LEASING 530000 13,558,633   13,558,633  
b PARKING 810000 1,078,065   1,078,065  
c FITNESS AND RECREATIONAL SPORT CENTER 710000 955,850   955,850  
d All other revenue .... 451,965   451,965  
e Total. Add lines 11a–11d ...... MediumBullet 16,044,513
12 Total revenue. See instructions.....MediumBullet 2,615,858,845 1,918,259,897 14,870,148 110,347,480
Form 990 (2019)
Form 990 (2019)
Page 10
Part IX
Statement of Functional Expenses
Section 501(c)(3) and 501(c)(4) organizations must complete all columns. All other organizations must complete column (A).Check if Schedule O contains a response or note to any line in this Part IX..............
Do not include amounts reported on lines 6b,
7b, 8b, 9b, and 10b of Part VIII. 		(A)
Total expenses 		(B)
Program service expenses 		(C)
Management and general expenses 		(D)
Fundraising
expenses
1 Grants and other assistance to domestic organizations and domestic governments. See Part IV, line 21 .... 91,216,890 91,216,890
2 Grants and other assistance to domestic individuals. See Part IV, line 22 ........... 519,541,187 519,541,187
3 Grants and other assistance to foreign organizations, foreign governments, and foreign individuals. See Part IV, lines 15 and 16. ............. 29,096,583 29,096,583
4 Benefits paid to or for members ....... 0  
5 Compensation of current officers, directors, trustees, and key employees ........... 6,162,445 4,965,250 556,650 640,545
6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) ......... 352,472 352,472    
7 Other salaries and wages........ 959,595,104 845,403,287 94,999,915 19,191,902
8 Pension plan accruals and contributions (include section 401(k) and 403(b) employer contributions) .... 81,742,188 72,014,867 8,092,477 1,634,844
9 Other employee benefits ....... 111,653,602 98,366,823 11,053,707 2,233,072
10 Payroll taxes ........... 77,534,103 68,307,545 7,675,876 1,550,682
11 Fees for services (non-employees):        
a Management ...... 0      
b Legal ......... 3,431,061   3,431,061  
c Accounting ........... 1,045,943   1,045,943  
d Lobbying ........... 472,931 472,931    
e Professional fundraising services. See Part IV, line 17 143,197 143,197
f Investment management fees ...... 2,197,479   2,197,479  
g Other (If line 11g amount exceeds 10% of line 25, column (A) amount, list line 11g expenses on Schedule O) 124,820,125 100,226,213 23,345,490 1,248,422
12 Advertising and promotion .... 11,740,178 10,131,774 93,921 1,514,483
13 Office expenses ....... 42,594,540 35,779,414 5,026,155 1,788,971
14 Information technology ...... 38,677,000 33,300,897 5,298,749 77,354
15 Royalties .. 807,605 807,605    
16 Occupancy ........... 181,932,440 159,918,615 22,013,825  
17 Travel ............ 27,234,189 24,238,428 1,062,134 1,933,627
18 Payments of travel or entertainment expenses for any federal, state, or local public officials . 0      
19 Conferences, conventions, and meetings .... 11,880,740 8,637,298 1,009,863 2,233,579
20 Interest ........... 0      
21 Payments to affiliates ....... 0      
22 Depreciation, depletion, and amortization .. 133,265,598 126,069,255 7,196,343  
23 Insurance ... 5,897,749 3,108,114 2,789,635  
24 Other expenses. Itemize expenses not covered above (List miscellaneous expenses in line 24e. If line 24e amount exceeds 10% of line 25, column (A) amount, list line 24e expenses on Schedule O.)
a RESEARCH & LAB SUPPLIES 29,313,104 29,313,104    
b DUES & MEMBERSHIPS 7,762,524 4,735,139 2,996,335 31,050
c BOOKS & PERIODICALS 2,135,453 2,135,453    
d EDUCATIONAL SERVICES 667,699 667,699    
e All other expenses 2,338,019 596,438 1,406,059 335,522
25 Total functional expenses. Add lines 1 through 24e 2,505,252,148 2,269,403,281 201,291,617 34,557,250
26 Joint costs. Complete this line only if the organization reported in column (B) joint costs from a combined educational campaign and fundraising solicitation. Check here MediumBullet if following SOP 98-2 (ASC 958-720).        
Form 990 (2019)
Form 990 (2019)
Page 11
Part X
Balance Sheet
Check if Schedule O contains a response or note to any line in this Part IX..............
(A)
Beginning of year 		(B)
End of year
Assets 1 Cash–non-interest-bearing ........ 0 1 0
2 Savings and temporary cash investments ......... 361,541,823 2 722,089,809
3 Pledges and grants receivable, net ...... 226,307,320 3 218,845,488
4 Accounts receivable, net ............. 230,328,095 4 220,620,126
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 .......
0 5 0
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 ........... 8,782,003 7 9,352,336
8 Inventories for sale or use ............ 0 8 0
9 Prepaid expenses and deferred charges ...... 34,481,184 9 81,536,163
10a Land, buildings, and equipment: cost or other basis. Complete Part VI of Schedule D 10a 4,636,634,304
b Less: accumulated depreciation 10b 1,871,724,677 2,723,655,359 10c 2,764,909,627
11 Investments—publicly traded securities . 1,695,508,862 11 1,245,867,940
12 Investments—other securities. See Part IV, line 11 ..... 1,635,498,179 12 1,844,243,689
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 ........... 103,816,541 15 100,532,673
16 Total assets. Add lines 1 through 15 (must equal line 33)... 7,019,919,366 16 7,207,997,851
Liabilities 17 Accounts payable and accrued expenses ..... 239,551,185 17 243,577,195
18 Grants payable ... 0 18 0
19 Deferred revenue ......... 292,148,616 19 277,895,145
20 Tax-exempt bond liabilities ......... 1,099,605,000 20 1,083,400,000
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 .. 584,472,702 23 687,479,109
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 671,733,131 25 717,812,333
26 Total liabilities. Add lines 17 through 25.. 2,887,510,634 26 3,010,163,782
Net Assets or Fund Balance Organizations that follow FASB ASC 958, check here MediumBullet and complete lines 27, 28, 32, and 33.
27 Net assets without donor restrictions .......... 2,412,769,663 27 2,421,943,141
28 Net assets with donor restrictions ........... 1,719,639,069 28 1,775,890,928
Organizations that do not follow FASB ASC 958, check here MediumBullet 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 ........... 4,132,408,732 32 4,197,834,069
33 Total liabilities and net assets/fund balances ........ 7,019,919,366 33 7,207,997,851
Form 990 (2019)
Form 990 (2019)
Page 12
Part XI
Reconcilliation of Net Assets
Check if Schedule O contains a response or note to any line in this Part XI..............
1
Total revenue (must equal Part VIII, column (A), line 12) ............
1
2,615,858,845
2
Total expenses (must equal Part IX, column (A), line 25) ............
2
2,505,252,148
3
Revenue less expenses. Subtract line 2 from line 1 ..............
3
110,606,697
4
Net assets or fund balances at beginning of year (must equal Part X, line 32, column (A)) ..
4
4,132,408,732
5
Net unrealized gains (losses) on investments ...............
5
102,074,022
6
Donated services and use of facilities .................
6
 
7
Investment expenses .....................
7
 
8
Prior period adjustments .....................
8
 
9
Other changes in net assets or fund balances (explain in Schedule O) ........
9
-147,255,382
10
Net assets or fund balances at end of year. Combine lines 3 through 9 (must equal Part X, line 32, column (B))
10
4,197,834,069
Part XII
Financial Statements and Reporting
Check if Schedule O contains a response or note to any line in this Part XII.............
Yes
No
1
Accounting method used to prepare the Form 990:  
If the organization changed its method of accounting from a prior year or checked "Other," explain in
Schedule O.
2a
Were the organization’s financial statements compiled or reviewed by an independent accountant?
2a
 
No
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were compiled or reviewed on a separate basis, consolidated basis, or both:
b
Were the organization’s financial statements audited by an independent accountant?
2b
Yes
 
If ‘Yes,’ check a box below to indicate whether the financial statements for the year were audited on a separate basis, consolidated basis, or both:
c
If "Yes," to line 2a or 2b, does the organization have a committee that assumes responsibility for oversight of the audit, review, or compilation of its financial statements and selection of an independent accountant?
2c
Yes
 
If the organization changed either its oversight process or selection process during the tax year, explain in Schedule O.
3a
As a result of a federal award, was the organization required to undergo an audit or audits as set forth in the Single Audit Act and OMB Circular A-133?
3a
Yes
 
b
If "Yes," did the organization undergo the required audit or audits? If the organization did not undergo the required audit or audits, explain why in Schedule O and describe any steps taken to undergo such audits.
3b
Yes
 
Form 990 (2019)
Form 990 (2019)
Additional Data


Software ID:  
Software Version:  
Form 990, Special Condition Description:
Special Condition Description
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
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
Reason for Public Charity Status (All organizations must complete this part.) See instructions.
The organization is not a private foundation because it is: (For lines 1 through 12, check only one box.)
1
2
3
4
5
6
7
8
9
10
11
12
a
b
c
d
e
f
Enter the number of supported organizations ...............................  
g
Provide the following information about the supported organization(s).
(i) Name of supported organization (ii) EIN (iii) Type of organization (described on lines 1- 10 above (see instructions)) (iv) Is the organization listed in your governing document? (v) Amount of monetary support (see instructions) (vi) Amount of other support (see instructions)
Yes No
Total
 
   
For Paperwork Reduction Act Notice, see the Instructions for
Form 990 or 990-EZ.
Cat. No. 11285F
Schedule A (Form 990 or 990-EZ) 2019

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) right arrow (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.") .. 432,431,459 539,254,044 514,583,182 523,093,884 572,381,320 2,581,743,889
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 3 432,431,459 539,254,044 514,583,182 523,093,884 572,381,320 2,581,743,889
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).. 47,259,231
6 Public support. Subtract line 5 from line 4. 2,534,484,658
Section B. Total Support
Calendar year (or fiscal year beginning in) right arrow (a) 2015 (b) 2016 (c) 2017 (d) 2018 (e) 2019 (f) Total
7 Amounts from line 4.. 432,431,459 539,254,044 514,583,182 523,093,884 572,381,320 2,581,743,889
8 Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources... 98,109,891 112,240,685 73,772,534 91,446,337 75,817,833 451,387,280
9 Net income from unrelated business activities, whether or not the business is regularly carried on.. 1,698,313         1,698,313
10 Other income. Do not include gain or loss from the sale of capital assets (Explain in Part VI.)..           0
11 Total support. Add lines 7 through 10 3,034,829,482
12
12
9,056,748,736
13
First five years. If the Form 990 is for the organization's first, second, third, fourth, or fifth tax year as a section 501(c)(3) organization, check this box and stop here........................................right arrow
Section C. Computation of Public Support Percentage
14
14
83.513 %
15
15
82.230 %
16a
b
17a
b
18
Private foundation. If the organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see
instructions ..................................................... right arrow
Schedule A (Form 990 or 990-EZ) 2019

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) right arrow (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) right arrow (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.)..            
14
Section C. Computation of Public Support Percentage
15
15
 
16
16
 
Section D. Computation of Investment Income Percentage
17
17
 
18
18
 
19a
b
20
Schedule A (Form 990 or 990-EZ) 2019

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
No
1
Are all of the organization’s supported organizations listed by name in the organization’s governing documents?
If "No," describe in Part VI how the supported organizations are designated. If designated by class or purpose,
describe the designation. If historic and continuing relationship, explain.
1
 
 
2
Did the organization have any supported organization that does not have an IRS determination of status under section 509(a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2).
2
 
 
3a
Did the organization have a supported organization described in section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below.
3a
 
 
b
Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the public support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination.
3b
 
 
c
Did the organization ensure that all support to such organizations was used exclusively for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use.
3c
 
 
4a
Was any supported organization not organized in the United States ("foreign supported organization")? If “Yes” and if you checked 12a or 12b in Part I, answer (b) and (c) below.
4a
 
 
b
Did the organization have ultimate control and discretion in deciding whether to make grants to the foreign supported organization? If “Yes,” describe in Part VI how the organization had such control and discretion despite being controlled or supervised by or in connection with its supported organizations.
4b
 
 
c
Did the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If “Yes,” explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exclusively for section 170(c)(2)(B) purposes.
4c
 
 
5a
Did the organization add, substitute, or remove any supported organizations during the tax year? If “Yes,” answer (b) and (c) below (if applicable). Also, provide detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed; (ii) the reasons for each such action; (iii) the authority under the organization's organizing document authorizing such action; and (iv) how the action was accomplished (such as by amendment to the organizing document).
5a
 
 
b
Type I or Type II only. Was any added or substituted supported organization part of a class already designated in the organization's organizing document?
5b
 
 
c
Substitutions only. Was the substitution the result of an event beyond the organization's control?
5c
 
 
6
Did the organization provide support (whether in the form of grants or the provision of services or facilities) to anyone other than (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.
6
 
 
7
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) .
7
 
 
8
Did the organization make a loan to a disqualified person (as defined in section 4958) not described in line 7? If “Yes,” complete Part I of Schedule L (Form 990 or 990-EZ).
8
 
 
9a
Was the organization controlled directly or indirectly at any time during the tax year by one or more disqualified persons as defined in section 4946 (other than foundation managers and organizations described in section 509(a)(1) or (2))? If “Yes,” provide detail in Part VI.
9a
 
 
b
Did one or more disqualified persons (as defined in line 9a) hold a controlling interest in any entity in which the supporting organization had an interest? If “Yes,” provide detail in Part VI.
9b
 
 
c
Did a disqualified person (as defined in line 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.
9c
 
 
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
 
 
b
Did the organization have any excess business holdings in the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess business holdings).
10b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 5
Part IV
Supporting Organizations (continued)
Yes
No
11
Has the organization accepted a gift or contribution from any of the following persons?
a
A person who directly or indirectly controls, either alone or together with persons described in (b) and (c) below, the governing body of a supported organization?
11a
 
 
b
A family member of a person described in (a) above?
11b
 
 
c
A 35% controlled entity of a person described in (a) or (b) above? If “Yes” to a, b, or c, provide detail in Part VI.
11c
 
 
Section B. Type I Supporting Organizations
Yes
No
1
Did the directors, trustees, or membership of one or more supported organizations have the power to regularly appoint or elect at least a majority of the organization’s directors or trustees at all times during the tax year? If “No,” describe in Part VI how the supported organization(s) effectively operated, supervised, or controlled the organization’s activities. If the organization had more than one supported organization, describe how the powers to appoint and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year.
1
 
 
2
Did the organization operate for the benefit of any supported organization other than the supported organization(s) that operated, supervised, or controlled the supporting organization? If “Yes,” explain in Part VI how providing such benefit carried out the purposes of the supported organization(s) that operated, supervised or controlled the supporting organization.
2
 
 
Section C. Type II Supporting Organizations
Yes
No
1
Were a majority of the organization’s directors or trustees during the tax year also a majority of the directors or trustees of each of the organization’s supported organization(s)? If “No,” describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s).
1
 
 
Section D. All Type III Supporting Organizations
Yes
No
1
Did the organization provide to each of its supported organizations, by the last day of the fifth month of the organization’s tax year, (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?
1
 
 
2
Were any of the organization’s officers, directors, or trustees either (i) appointed or elected by the supported organization(s) or (ii) serving on the governing body of a supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship with the supported organization(s).
2
 
 
3
By reason of the relationship described in (2), did the organization’s supported organizations have a significant voice in the organization’s investment policies and in directing the use of the organization’s income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization’s supported organizations played in this regard.
3
 
 
Section E. Type III Functionally-Integrated Supporting Organizations
1
Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions):
a
b
c
2
Activities Test. Answer (a) and (b) below.
Yes
No
a
Did substantially all of the organization’s activities during the tax year directly further the exempt purposes of the supported organization(s) to which the organization was responsive? If "Yes," then in Part VI identify those supported organizations and explain how these activities directly furthered their exempt purposes, how the organization was responsive to those supported organizations, and how the organization determined that these activities constituted substantially all of its activities.
2a
 
 
b
Did the activities described in (a) constitute activities that, but for the organization’s involvement, one or more of the organization’s supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization’s position that its supported organization(s) would have engaged in these activities but for the organization’s involvement.
2b
 
 
3
Parent of Supported Organizations. Answer (a) and (b) below.
a
Did the organization have the power to regularly appoint or elect a majority of the officers, directors, or trustees of each of the supported organizations? Provide details in Part VI.
3a
 
 
b
Did the organization exercise a substantial degree of direction over the policies, programs and activities of each of its supported organizations? If "Yes," describe in Part VI. the role played by the organization in this regard.
3b
 
 
Schedule A (Form 990 or 990-EZ) 2019

Schedule A (Form 990 or 990-EZ) 2019
Page 6
Part V
Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations
1
Section A - Adjusted Net Income (A) Prior Year (B) Current Year
(optional)
1 Net short-term capital gain 1    
2 Recoveries of prior-year distributions 2    
3 Other gross income (see instructions) 3    
4 Add lines 1 through 3 4    
5 Depreciation and depletion 5    
6 Portion of operating expenses paid or incurred for production or collection of gross income or for management, conservation, or maintenance of property held for production of income (see instructions) 6    
7 Other expenses (see instructions) 7    
8 Adjusted Net Income (subtract lines 5, 6 and 7 from line 4) 8    
Section B - Minimum Asset Amount (A) Prior Year (B) Current Year
(optional)
1 Aggregate fair market value of all non-exempt-use assets (see instructions for short tax year or assets held for part of year): 1
a Average monthly value of securities 1a    
b Average monthly cash balances 1b    
c Fair market value of other non-exempt-use assets 1c    
d Total (add lines 1a, 1b, and 1c) 1d    
e Discount claimed for blockage or other factors
(explain in detail in Part VI):  
2 Acquisition indebtedness applicable to non-exempt use assets 2    
3 Subtract line 2 from line 1d 3    
4 Cash deemed held for exempt use. Enter 1-1/2% of line 3 (for greater amount, see instructions). 4    
5 Net value of non-exempt-use assets (subtract line 4 from line 3) 5    
6 Multiply line 5 by .035 6    
7 Recoveries of prior-year distributions 7    
8 Minimum Asset Amount (add line 7 to line 6) 8    
Section C - Distributable Amount Current Year
1 Adjusted net income for prior year (from Section A, line 8, Column A) 1  
2 Enter 85% of line 1 2  
3 Minimum asset amount for prior year (from Section B, line 8, Column A) 3  
4 Enter greater of line 2 or line 3 4  
5 Income tax imposed in prior year 5  
6 Distributable Amount. Subtract line 5 from line 4, unless subject to emergency temporary reduction (see instructions) 6  
7
Schedule A (Form 990 or 990-EZ) 2019

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:  
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 BulletGo 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
Trustees of Boston University
 
Employer identification number

04-2103547
Part I-A
Complete if the organization is exempt under section 501(c) or is a section 527 organization.

1
Provide a description of the organization’s direct and indirect political campaign activities in Part IV (see instructions for definition of “political campaign activities")

2
Political campaign activity expenditures (see instructions) ....................................................................SchCMd Bullet
$  
3
Volunteer hours for political campaign activities (see instructions) ..................................................................
 

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

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

$  
4
Did the filing organization file Form 1120-POL for this year? ...................................................................
5
Enter the names, addresses and employer identification number (EIN) of all section 527 political organizations to which the filing
organization made payments. For each organization listed, enter the amount paid from the filing organization’s funds. Also enter the amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC). If additional space is needed, provide information in Part IV.
(a) Name (b) Address (c) EIN (d) Amount paid from filing organization's funds. If none, enter -0-. (e) Amount of political contributions received and promptly and directly delivered to a separate political organization. If none, enter -0-.
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

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 Bulletexpenses, and share of excess lobbying expenditures).
B Check SchCMd Bullet
Limits on Lobbying Expenditures
(The term "expenditures" means amounts paid or incurred.) 		(a) Filing
organization's
totals 		(b) Affiliated group totals
1a Total lobbying expenditures to influence public opinion (grass roots lobbying) ......................    
b Total lobbying expenditures to influence a legislative body (direct lobbying) ........................    
c Total lobbying expenditures (add lines 1a and 1b) ............................................................    
d Other exempt purpose expenditures ...............................................................................    
e Total exempt purpose expenditures (add lines 1c and 1d) ..................................................    
f Lobbying nontaxable amount. Enter the amount from the following table in both
columns.		    
If the amount on line 1e, column (a) or (b) is:The lobbying nontaxable amount is:
Not over $500,00020% of the amount on line 1e.
Over $500,000 but not over $1,000,000$100,000 plus 15% of the excess over $500,000.
Over $1,000,000 but not over $1,500,000$175,000 plus 10% of the excess over $1,000,000.
Over $1,500,000 but not over $17,000,000$225,000 plus 5% of the excess over $1,500,000.
Over $17,000,000$1,000,000.
g Grassroots nontaxable amount (enter 25% of line 1f) .................................................    
h Subtract line 1g from line 1a. If zero or less, enter -0-. ................................................    
i Subtract line 1f from line 1c. If zero or less, enter -0-. ................................................    
j If there is an amount other than zero on either line 1h or line 1i, did the organization file Form 4720 reporting
section 4911 tax for this year? ...................................................................................................................

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


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
1
During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of:
a
Volunteers? ...........................................................................................................
 
No
b
Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? ........
Yes
 
c
Media advertisements? ...................................................................................................
 
No
 
d
Mailings to members, legislators, or the public? .............................................................................
Yes
 
 
e
Publications, or published or broadcast statements? ...........................................................
Yes
 
 
f
Grants to other organizations for lobbying purposes? ..........................................................
 
No
 
g
Direct contact with legislators, their staffs, government officials, or a legislative body? .......................
Yes
 
718,660
h
Rallies, demonstrations, seminars, conventions, speeches, lectures, or any similar means? ..................
 
No
 
i
Other activities? ...................................................................................................................
Yes
 
 
j
Total. Add lines 1c through 1i ....................................................................................................
718,660
2a
Did the activities in line 1 cause the organization to be not described in section 501(c)(3)? .....
 
No
b
If "Yes," enter the amount of any tax incurred under section 4912 ...........................................
 
c
If "Yes," enter the amount of any tax incurred by organization managers under section 4912 ...................
 
d
If the filing organization incurred a section 4912 tax, did it file Form 4720 for this year? ........................
 
 
Part III-A
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6).
Yes
No
1
Were substantially all (90% or more) dues received nondeductible by members? ...............................................
1
 
 
2
Did the organization make only in-house lobbying expenditures of $2,000 or less? ............................................
2
 
 
3
Did the organization agree to carry over lobbying and political expenditures from the prior year? .................................
3
 
 
Part III-B
Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered “Yes."
1
Dues, assessments and similar amounts from members ......................................................................
1
 
2
Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid).
a
Current year .............................................................................................................................
2a
 
b
Carryover from last year ............................................................................................................
2b
 
c
Total ...........................................................................................................................................
2c
 
3
Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues .
3
 
4
If notices were sent and the amount on line 2c exceeds the amount on line 3, what portion of the excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? ......................................................................................................................
4
 
5
Taxable amount of lobbying and political expenditures (see instructions) .........................................
5
 
Part IV
Supplemental Information
Provide the descriptions required for Part l-A, line 1; Part l-B, line 4; Part l-C, line 5; Part II-A (affiliated group list); Part II-A, lines 1 and 2 (see instructions), and Part ll-B, line 1. Also, complete this part for any additional information.
Return Reference Explanation
LOBBYING ACTIVITY EXPLANATION SCHEDULE C, PART II-B, LINE 1 THE UNIVERSITY HAS A FEDERAL RELATIONS OFFICE WHICH MONITORS LEGISLATION AND OTHER FEDERAL GOVERNMENTAL DEVELOPMENTS OF INTEREST TO AND/OR AFFECTING THE UNIVERSITY, SOMETIMES WITH THE ASSISTANCE OF CONSULTANTS. THE OFFICE ALSO SERVES AS A LIAISON BETWEEN THE UNIVERSITY AND VARIOUS GOVERNMENT OFFICIALS. THE UNIVERSITY FILES QUARTERLY REPORTS WITH CONGRESS DETAILING THESE ACTIVITIES AND EXPENSES. THE UNIVERSITY ALSO HAS TWO STAFF MEMBERS WHO HAVE RESPONSIBILITY FOR MONITORING LEGISLATION AND GOVERNMENTAL DEVELOPMENTS OF INTEREST TO AND/OR AFFECTING THE UNIVERSITY ON THE STATE LEVEL. THE UNIVERSITY FILES SEMIANNUAL REPORTS WITH THE COMMONWEALTH OF MASSACHUSETTS DETAILING THESE ACTIVITIES AND EXPENSES. IT IS POSSIBLE THAT OTHER INDIVIDUALS MAY HAVE SPENT AN INSUBSTANTIAL PORTION OF THEIR TIME ON LEGISLATIVE MATTERS OF DIRECT CONCERN TO HIGHER EDUCATION AND MAY HAVE INCURRED INSUBSTANTIAL EXPENSES IN CONNECTION WITH THIS ACTIVITY. BOSTON UNIVERSITY PAYS DUES TO VARIOUS MEMBERSHIP ORGANIZATIONS IN AN EFFORT TO STAY CURRENT ON A WIDE VARIETY OF ACADEMIC, RESEARCH, GOVERNANCE, AND OTHER ISSUES. SOME OF THESE MEMBERSHIP ORGANIZATIONS CONDUCT LOBBYING ACTIVITIES, WHICH ARE REFLECTED IN THE UNIVERSITY'S LOBBYING REPORTS. A THIRD PARTY CONSULTANT IS RETAINED BY BOSTON UNIVERSITY TO TRACK FEDERAL LEGISLATIVE AND AGENCY DEVELOPMENTS OF INTEREST TO AND/OR AFFECTING THE UNIVERSITY. SCHEDULE C, PART II-B, LINES 1D AND 1E THE UNIVERSITY POSTS FACT SHEETS CONTAINING LOBBYING MATERIALS DIRECTED AT ITS CONSTITUENCIES AND POLICYMAKERS TO THE UNIVERSITY'S WEBSITE. THE UNIVERSITY'S FEDERAL RELATIONS OFFICE ALSO DELIVERS THESE FACT SHEETS TO RELEVANT POLICYMAKERS. THE COST OF CREATING, POSTING, AND DELIVERING THE FACT SHEETS IS INCLUDED IN THE TOTAL LOBBYING EXPENSES REPORTED ON PART II-B, LINE 1J.
Schedule C (Form 990 or 990EZ) 2019


Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Financial Statements
SchDMd Bullet Complete if the organization answered "Yes," 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
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete if the organization answered "Yes" on Form 990, Part IV, line 6.
(a) Donor advised funds (b) Funds and other accounts
1 Total number at end of year .........    
2 Aggregate value of contributions to (during year)    
3 Aggregate value of grants from (during year)    
4 Aggregate value at end of year ........    
5
Did the organization inform all donors and donor advisors in writing that the assets held in donor advised funds are the organization’s property, subject to the organization’s exclusive legal control? ............
6
Did the organization inform all grantees, donors, and donor advisors in writing that grant funds can be used only for charitable purposes and not for the benefit of the donor or donor advisor, or for any other purpose conferring impermissible private benefit? ...................................
Part II
Conservation Easements.
Complete if the organization answered "Yes" on Form 990, Part IV, line 7.
1
Purpose(s) of conservation easements held by the organization (check all that apply).
2
Complete lines 2a through 2d if the organization held a qualified conservation contribution in the form of a conservation easement on the last day of the tax year.
Held at the End of the Year
a Total number of conservation easements ...................... 2a  
b Total acreage restricted by conservation easements .................... 2b  
c Number of conservation easements on a certified historic structure included in (a) ..... 2c  
d Number of conservation easements included in (c) acquired after 7/25/06, and not on a historic structure listed in the National Register ... 2d  
3
Number of conservation easements modified, transferred, released, extinguished, or terminated by the organization during the
tax year SchDMd Bullet  
4
Number of states where property subject to conservation easement is located SchDMd Bullet  
5
Does the organization have a written policy regarding the periodic monitoring, inspection, handling of violations, and enforcement of the conservation easements it holds? ............
6
Staff and volunteer hours devoted to monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet  
7
Amount of expenses incurred in monitoring, inspecting, handling of violations, and enforcing conservation easements during the year
SchDMd Bullet $  
8
Does each conservation easement reported on line 2(d) above satisfy the requirements of section 170(h)(4)(B)(i) and section 170(h)(4)(B)(ii)? .............................
9
In Part XIII, describe how the organization reports conservation easements in its revenue and expense statement, and
balance sheet, and include, if applicable, the text of the footnote to the organization’s financial statements that describes
the organization’s accounting for conservation easements.
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets.
Complete if the organization answered "Yes" on Form 990, Part IV, line 8.
1a
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.
b
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 $  
2
If the organization received or held works of art, historical treasures, or other similar assets for financial gain, provide the
following amounts required to be reported under FASB ASC 958 relating to these items:
a
Revenue included on Form 990, Part VIII, line 1 ..........................SchDMd Bullet $  
b
Assets included in Form 990, Part X ...............................SchDMd Bullet $  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 52283D
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 2
Part III
Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued)
3
Using the organization’s acquisition, accession, and other records, check any of the following that are a significant use of its collection items (check all that apply):
a
d
b
e
EDUCATION
c
4
Provide a description of the organization’s collections and explain how they further the organization’s exempt purpose in
Part XIII.
5
During the year, did the organization solicit or receive donations of art, historical treasures or other similar
assets to be sold to raise funds rather than to be maintained as part of the organization’s collection?...
Part IV
Escrow and Custodial Arrangements. Complete if the organization answered "Yes" on Form 990, Part IV, line 9, or reported an amount on Form 990, Part X, line 21.
1a
Is the organization an agent, trustee, custodian or other intermediary for contributions or other assets not
included on Form 990, Part X? ....................................
b If "Yes," explain the arrangement in Part XIII and complete the following table: Amount
c Beginning balance ............................. 1c  
d Additions during the year ............................ 1d  
e Distributions during the year .......................... 1e  
f Ending balance ................................ 1f  
2a
Did the organization include an amount on Form 990, Part X, line 21, for escrow or custodial account liability? ...
b
If "Yes," explain the arrangement in Part XIII. Check here if the explanation has been provided in Part XIII ....
Part V
Endowment Funds.
Complete if the organization answered "Yes" 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 .... 2,292,537,000 2,128,183,005 1,901,152,882 1,593,186,499 1,576,594,417
b Contributions ... 42,034,734 101,819,085 127,245,589 160,802,323 107,883,764
c Net investment earnings, gains, and losses 169,262,496 142,075,738 171,346,295 211,456,207 -33,644,386
d Grants or scholarships ... 22,071,059 20,661,758 18,565,345 17,591,210 16,360,403
e Other expenditures for facilities
and programs ... 		53,098,001 50,550,131 45,447,184 39,762,970 35,000,932
f Administrative expenses .... 7,550,170 8,328,939 7,549,232 6,937,967 6,285,961
g End of year balance ...... 2,421,115,000 2,292,537,000 2,128,183,005 1,901,152,882 1,593,186,499
2
Provide the estimated percentage of the current year end balance (line 1g, column (a)) held as:
a
Board designated or quasi-endowment SchDMd Bullet43.500 %
b
Permanent endowment SchDMd Bullet28.600 %
c
Term endowment SchDMd Bullet27.900 %
The percentages on lines 2a, 2b, and 2c should equal 100%.
3a
Are there endowment funds not in the possession of the organization that are held and administered for the
organization by:

Yes
No
(i) Unrelated organizations .................
3a(i)
Yes
 
(ii) Related organizations .................
3a(ii)
 
No
b
If "Yes" on 3a(ii), are the related organizations listed as required on Schedule R? .........
3b
 
 
4
Describe in Part XIII the intended uses of the organization's endowment funds.
Part VI
Land, Buildings, and Equipment.
Complete if the organization answered "Yes" 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 ..... 11,996,440 205,194,264 217,190,704
b Buildings .... 146,436,331 3,542,902,975 1,376,386,308 2,312,952,998
c Leasehold improvements 54,191,980 36,320,714 54,818,936 35,693,758
d Equipment .... 1,334,294 377,252,503 231,392,280 147,194,517
e Other .....   261,004,803 209,127,153 51,877,650
Total. Add lines 1a through 1e. (Column (d) must equal Form 990, Part X, column (B), line 10(c).)..SchDMdBullet 2,764,909,627
Schedule D (Form 990) 2019

Schedule D (Form 990) 2019
Page 3
Part VII
Investments—Other 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) ALTERNATIVES-HEDGE		 674,619,644 F

(B) ALTERNATIVES-NATURAL RESOURCES		 59,444,617 F

(C) ALTERNATIVES-PRIVATE		 600,862,995 F

(D) NON-MARKETABLE ALTERNATIVES		 11,807,174 F

(E) ALTERNATIVES - REAL ESTATE		 444,798,460 F

(F) RESIDUAL ASSET NOTE RECEIVABLE		 52,710,799 F
(G)
(H)
(I)
Total. (Column (b) must equal Form 990, Part X, col. (B) line 12.)Small Bullet 1,844,243,689
Part VIII
Investments—Program 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.)Small Bullet  
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.)...........Small Bullet  
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
(9)
Total. (Column (b) must equal Form 990, Part X, col.(B) line 25.)Small Bullet 717,812,333
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

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 III, LINE 1A THE UNIVERSITY'S COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS SINCE THE UNIVERSITY'S INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE STATEMENT OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS ON THE STATEMENT IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED OR AS RELEASES FROM TEMPORARILY RESTRICTED NET ASSETS IF THE ASSETS USED TO PURCHASE THE ITEMS HAD BEEN RESTRICTED BY DONORS. CONTRIBUTED COLLECTION ITEMS ARE NOT REFLECTED IN THE FINANCIAL STATEMENTS. PROCEEDS FROM DEACCESSIONS OR INSURANCE RECOVERIES ARE REFLECTED AS INCREASES IN THE APPROPRIATE NET ASSET CLASSES.
SCHEDULE D, PART III, LINE 4 THE UNIVERSITY'S COLLECTIONS CONSIST OF WORKS OF ART, ARTIFACTS, RARE BOOKS, HISTORICAL DOCUMENTS, AND OTHER SIMILAR MATERIALS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, SCIENTIFIC, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITION ARE PERFORMED REGULARLY. THE COLLECTIONS ARE SUBJECT TO A DEACCESSION POLICY REQUIRING THAT PROCEEDS FROM THE DISPOSITION OF AN OBJECT BE USED TO SUPPORT THE PRESERVATION AND DEVELOPMENT OF THE UNIVERSITY'S COLLECTIONS.
SCHEDULE D, PART V, LINE 2 ENDOWMENT FUNDS THE UNIVERSITY HAS ADOPTED FASB ASU 2016-14, PRESENTATION OF THE FINANCIAL STATEMENTS FOR NOT-FOR-PROFIT ENTITIES. AS A RESULT, THE YEAR ENDING 06/30/2020 AUDITED FINANCIAL STATEMENTS CLASSIFY NET ASSETS AS EITHER NET ASSETS WITHOUT DONOR RESTRICTIONS OR NET ASSETS WITH DONOR RESTRICTIONS.
SCHEDULE D, PART V, LINE 4 THE ENDOWMENT FUND PROVIDES THE UNIVERSITY WITH THE FLEXIBILITY AND FREEDOM TO EMBARK ON NEW DISCIPLINES, TO SUPPORT INCREASED FINANCIAL AID, TO HIRE ADDITIONAL FACULTY, AND TO BUILD OR UPDATE FACILITIES. IT ENSURES REGULAR FUNDING LEVELS FOR UNIVERSITY DEPARTMENTS, PROGRAMS, AND SCHOLARSHIPS, AND HELPS STEM RISES IN TUITION BY SUPPORTING UNIVERSITY OPERATIONS THAT ARE OTHERWISE PAID FOR WITH STUDENT TUITION AND FEES.
SCHEDULE D, PART X, LINE 2 THE UNIVERSITY IS GENERALLY EXEMPT FROM INCOME TAX UNDER SECTION 501(C)(3) OF THE U.S. INTERNAL REVENUE CODE, EXCEPT TO THE EXTENT THE UNIVERSITY HAS UNRELATED BUSINESS INCOME. NO PROVISION FOR FEDERAL INCOME TAXES DUE WAS RECORDED AS OF JUNE 30, 2020 AND 2019. THE UNIVERSITY HAS NO MATERIAL UNCERTAIN TAX POSITIONS.
Schedule D (Form 990) 2019


Additional Data


Software ID:  
Software Version:  




SCHEDULE E(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Schools

Right pointing arrow large image 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
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
YES
NO
1
Does the organization have a racially nondiscriminatory policy toward students by statement in its charter, bylaws,
other governing instrument, or in a resolution of its governing body? . . . . . . . . . . . . . . . . . . .
1
Yes
 
2
Does the organization include a statement of its racially nondiscriminatory policy toward students in all its
brochures, catalogues, and other written communications with the public dealing with student admissions,
programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2
Yes
 
3
Has the organization publicized its racially nondiscriminatory policy through newspaper or broadcast media during
the period of solicitation for students, or during the registration period if it has no solicitation program, in a way
that makes the policy known to all parts of the general community it serves? If "Yes," please describe. If "No,"
please explain. If you need more space use Part II. . . . . . . . . . . . . . . . . . . . . . . . .
3
Yes
 
 
4
Does the organization maintain the following?
a
Records indicating the racial composition of the student body, faculty, and administrative staff? . . . . . . . . .
4a
Yes
 
b
Records documenting that scholarships and other financial assistance are awarded on a racially nondiscriminatory
basis? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
4b
Yes
 
c
Copies of all catalogues, brochures, announcements, and other written communications to the public dealing
with student admissions, programs, and scholarships? . . . . . . . . . . . . . . . . . . . . . . .
4c
Yes
 
d
Copies of all material used by the organization or on its behalf to solicit contributions? . . . . . . . . . . . .
4d
Yes
 
If you answered "No" to any of the above, please explain. If you need more space, use Part II.
 
5
Does the organization discriminate by race in any way with respect to:
a
Students' rights or privileges? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5a
 
No
b
Admissions policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5b
 
No
c
Employment of faculty or administrative staff? . . . . . . . . . . . . . . . . . . . . . . . . .
5c
 
No
d
Scholarships or other financial assistance? . . . . . . . . . . . . . . . . . . . . . . . . . .
5d
 
No
e
Educational policies? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5e
 
No
f
Use of facilities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5f
 
No
g
Athletic programs? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5g
 
No
h
Other extracurricular activities? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
5h
 
No
If you answered "Yes" to any of the above, please explain. If you need more space, use Part II.
 
6a
Does the organization receive any financial aid or assistance from a governmental agency? . . . . . . . . . .
6a
Yes
 
b
Has the organization's right to such aid ever been revoked or suspended? . . . . . . . . . . . . . . . .
6b
 
No
If you answered "Yes" to either line 6a or line 6b, explain on Part II.
7
Does the organization certify that it has complied with the applicable requirements of sections 4.01 through 4.05
of Rev. Proc. 75-50, 1975-2 C.B. 587, covering racial nondiscrimination? If "No," explain on Part II. . . . . . . . .
7
Yes
 
Paperwork Reduction Act Notice, see the Instructions for Form 990 or Form 990-EZ.
Cat. No. 50085D
Schedule E (Form 990 or 990-EZ) (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, PART I, LINE 3 BOSTON UNIVERSITY PROHIBITS DISCRIMINATION AGAINST ANY INDIVIDUAL ON THE BASIS OF RACE, COLOR, RELIGION, SEX, AGE, NATIONAL ORIGIN, PHYSICAL OR MENTAL DISABILITY, SEXUAL ORIENTATION, GENDER IDENTITY, GENETIC INFORMATION, MILITARY SERVICE, PREGNANCY OR PREGNANCY-RELATED CONDITION, OR BECAUSE OF MARITAL, PARENTAL, OR VETERAN STATUS. THIS POLICY EXTENDS TO ALL RIGHTS, PRIVILEGES, PROGRAMS AND ACTIVITIES, INCLUDING ADMISSIONS, FINANCIAL ASSISTANCE, EDUCATIONAL AND ATHLETIC PROGRAMS, HOUSING, EMPLOYMENT, COMPENSATION, EMPLOYEE BENEFITS, AND THE PROVIDING OF, OR ACCESS TO, UNIVERSITY SERVICES OR FACILITIES. BOSTON UNIVERSITY RECOGNIZES THAT NON-DISCRIMINATION DOES NOT ENSURE THAT EQUAL OPPORTUNITY IS A REALITY. ACCORDINGLY, THE UNIVERSITY WILL CONTINUE TO TAKE AFFIRMATIVE ACTION TO ACHIEVE EQUAL OPPORTUNITY THROUGH RECRUITMENT, OUTREACH, AND INTERNAL REVIEWS OF POLICIES AND PRACTICES. INQUIRIES REGARDING THE APPLICATION OF THIS POLICY SHOULD BE ADDRESSED TO THE EXECUTIVE DIRECTOR OF EQUAL OPPORTUNITY, 888 COMMONWEALTH AVE, THIRD FLOOR, BOSTON, MA 02115 (617-353-9286). THE UNIVERSITY'S NONDISCRIMINATION POLICY IS ON THE UNIVERSITY WEBSITE, WWW.BU.EDU.
SCHEDULE E, PART I, LINE 6A BOSTON UNIVERSITY PARTICIPATES IN SEVERAL FEDERAL FINANCIAL AID PROGRAMS INCLUDING THE FEDERAL PELL GRANT PROGRAM AND THE FEDERAL WORK STUDY PROGRAM; IN ADDITION THE UNIVERSITY RECEIVES FEDERAL GRANTS AND CONTRACTS IN SUPPORT OF ITS RESEARCH MISSION. FEDERAL AGENCIES PROVIDING SUPPORT FOR UNIVERSITY RESEARCH AND TRAINING INCLUDED THE NATIONAL INSTITUTES OF HEALTH, THE NATIONAL SCIENCE FOUNDATION, THE NATIONAL AERONAUTICS AND SPACE ADMINISTRATION, THE DEPARTMENT OF DEFENSE, THE DEPARTMENT OF ENERGY, AND THE US AGENCY FOR INTERNATIONAL DEVELOPMENT. THE UNIVERSITY ALSO RECEIVED HIGHER EDUCATION EMERGENCY RELIEF FUND (HEERF) USED FOR EMERGENCY FINANCIAL AID GRANTS TO STUDENTS UNDER THE 18004(A)(1) CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT)
Schedule E (Form 990 or 990-EZ) (2019)
Additional Data


Software ID:  
Software Version:  
SCHEDULE F(Form 990)
Department of the Treasury
Internal Revenue Service
Statement of Activities Outside the United States
Right pointing arrow large image Complete if the organization answered "Yes" to Form 990, Part IV, line 14b, 15, or 16.Right pointing arrow large image Attach to Form 990.Right pointing arrow large image 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
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
General Information on Activities Outside the United States. Complete if the organization answered "Yes" on Form 990, Part IV, line 14b.
1
For grantmakers. Does the organization maintain records to substantiate the amount of its grants and
other assistance, the grantees’ eligibility for the grants or assistance, and the selection criteria used
to award the grants or assistance? . . . . . . . . . . . . . . . . . . . . . . . . .
2
For grantmakers. Describe in Part V the organization’s procedures for monitoring the use of its grants and other assistance outside the United States.
3
Activites per Region. (The following Part I, line 3 table can be duplicated if additional space is needed.)
(a) Region (b) Number of offices in the region (c) Number of employees, agents, and independent contractors in 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
East Asia and the Pacific     Fundraising   284,283
Europe (Including Iceland and Greenland)     Fundraising   99,223
South America     Fundraising   60
South Asia     Fundraising   3,429
Central America and the Caribbean     Grantmaking   144,180
East Asia and the Pacific     Grantmaking   218,806
Europe (Including Iceland and Greenland)     Grantmaking   11,721,790
Middle East and North Africa     Grantmaking   68,162
North America     Grantmaking   39,714
South America     Grantmaking   50,372
South Asia     Grantmaking   574,349
Sub-Saharan Africa     Grantmaking   1,367,734
Central America and the Caribbean     Program Services Research 204,552
East Asia and the Pacific   5 Program Services Research 1,043,653
Europe (Including Iceland and Greenland)   11 Program Services Research 1,883,117
Middle East and North Africa     Program Services Research 65,581
North America   3 Program Services Research 310,506
Russia and the Newly Independent States     Program Services Research 27,274
South America     Program Services Research 58,258
South Asia 1 2 Program Services Research 167,866
Sub-Saharan Africa   2 Program Services Research 1,407,258
Central America and the Caribbean     Program Services Seminars 117,589
East Asia and the Pacific     Program Services Seminars 717,050
Europe (Including Iceland and Greenland)     Program Services Seminars 1,137,192
Middle East and North Africa     Program Services Seminars 106,134
North America     Program Services Seminars 336,663
South America     Program Services Seminars 154,057
South Asia     Program Services Seminars 130,899
Sub-Saharan Africa     Program Services Seminars 159,128
Russia and the Newly Independent States     Program Services Seminars 20,857
East Asia and the Pacific 4 41 Program Services Study Abroad 6,134,725
Europe (Including Iceland and Greenland) 15 200 Program Services Study Abroad 25,878,716
Middle East and North Africa     Program Services Study Abroad 241,340
Central America and the Caribbean     Program Services Study Abroad 75,528
South America   3 Program Services Study Abroad 520,946
South Asia     Program Services Study Abroad 184,770
Sub-Saharan Africa     Program Services Study Abroad 82,330
North America     Program Services Study Abroad 751
East Asia and the Pacific     Investments   4,640,364
Europe (Including Iceland and Greenland)     Investments   55,184,215
South Asia     Investments   9,997,532
North America     Investments   12,765,213
South America     Investments   9,325,877
Central America and the Caribbean     Investments   522,844,971
Sub-Saharan Africa     Investments   2,219,829
Middle East and North Africa     Investments   960
Europe (Including Iceland and Greenland)     Program Services Student Financial Aid 11,740,043
Sub-Saharan Africa     Program Services Student Financial Aid 18,655
East Asia and the Pacific     Program Services Student Financial Aid 2,499,048
Middle East and North Africa     Program Services Student Financial Aid 131,710
North America     Program Services Student Financial Aid 104,650
South America     Program Services Student Financial Aid 417,370
3a Sub-total ....   19 18,079,511
b Total from continuation sheets to Part I ... 20 248 669,549,768
c Totals (add lines 3a and 3b) 20 267 687,629,279
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.
1 (a) Name of organization (b) IRS code section
and EIN (if applicable)		 (c) Region (d) Purpose of
grant 		(e) Amount of
cash grant 		(f) Manner of
cash
disbursement 		(g) Amount
of noncash
assistance 		(h) Description
of noncash
assistance 		(i) Method of
valuation
(book, FMV,
appraisal, other)
Central America and the Caribbean RESEARCH 144,180 WIRE      
East Asia and the Pacific RESEARCH 95,370 WIRE      
East Asia and the Pacific RESEARCH 51,486 WIRE      
East Asia and the Pacific RESEARCH 39,111 WIRE      
East Asia and the Pacific RESEARCH 32,839 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 1,918,804 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 1,893,009 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 1,440,875 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 1,421,444 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 1,321,709 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 837,632 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 702,756 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 358,937 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 336,236 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 253,045 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 249,509 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 248,594 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 174,428 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 158,322 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 148,965 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 87,047 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 49,988 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 38,281 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 26,971 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 20,375 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 19,652 WIRE      
Europe (Including Iceland and Greenland) RESEARCH 15,209 WIRE      
Middle East and North Africa RESEARCH 68,162 WIRE      
North America RESEARCH 25,169 CHECK      
North America RESEARCH 14,545 CHECK      
South America RESEARCH 50,372 WIRE      
South Asia RESEARCH 417,458 WIRE      
South Asia RESEARCH 92,725 WIRE      
South Asia RESEARCH 56,816 WIRE      
South Asia RESEARCH 7,351 WIRE      
Sub-Saharan Africa RESEARCH 892,079 WIRE      
Sub-Saharan Africa RESEARCH 423,753 WIRE      
Sub-Saharan Africa RESEARCH 21,276 WIRE      
Sub-Saharan Africa RESEARCH 19,199 WIRE      
Sub-Saharan Africa RESEARCH 11,427 WIRE      
2 Enter total number of recipient organizations listed above that are recognized as charities by the foreign country, recognized as tax-exempt by the IRS, or for which the grantee or counsel has provided a section 501(c)(3) equivalency letter .......MediumBullet
23
3 Enter total number of other organizations or entities .......................MediumBullet
17
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.
(a) Type of grant or assistance (b) Region (c) Number of recipients (d) Amount of
cash grant 		(e) Manner of cash
disbursement 		(f) Amount of
noncash
assistance 		(g) Description
of noncash
assistance 		(h) Method of
valuation
(book, FMV,
appraisal, other)
Student Financial Aid East Asia and the Pacific 163     2,499,048 tuition cost
Student Financial Aid Europe (Including Iceland and Greenland) 707     11,740,043 tuition cost
Student Financial Aid Middle East and North Africa 5     131,710 tuition cost
Student Financial Aid North America 4     104,650 tuition cost
Student Financial Aid South America 23     417,370 tuition cost
Student Financial Aid Sub-Saharan Africa 5     18,655 tuition cost
               
               
               
               
               
               
               
               
               
               
               
               
Schedule F (Form 990) 2019
Schedule F (Form 990) 2019
Page 4
Part IV
Foreign Forms
1 Was the organization a U.S. transferor of property to a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 926, Return by a U.S. Transferor of Property to a Foreign Corporation (see Instructions for Form 926). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
2 Did the organization have an interest in a foreign trust during the tax year? If "Yes," the organization may be required to 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). . . . . . . . . . . . . . . . . . . . . . . .
3 Did the organization have an ownership interest in a foreign corporation during the tax year? If "Yes," the organization may be required to file Form 5471, Information Return of U.S. Persons with Respect to Certain Foreign Corporations. (see Instructions for Form 5471). . . . . . . . . . . . . . . . . . . . . . . . . . . .
4 Was the organization a direct or indirect shareholder of a passive foreign investment company or a qualified electing fund during the tax year? If “Yes,” the organization may be required to file Form 8621, Information Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund. (see Instructions for Form 8621) .
5 Did the organization have an ownership interest in a foreign partnership during the tax year? If "Yes," the organization may be required to file Form 8865, Return of U.S. Persons with Respect to Certain Foreign Partnerships (see Instructions for Form 8865). . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
6 Did the organization have any operations in or related to any boycotting countries during the tax year? If "Yes," the organization may be required to separately file Form 5713, International Boycott Report (see Instructions for Form 5713; don't file with Form 990).. . . . . . . . . . . . . . . . . . . . . . . . . . . .
Schedule F (Form 990) 2019
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
Schedule F, Part I, Line 2 THE UNIVERSITY ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF RESEARCH FUNDS OUTSIDE OF THE UNITED STATES TO THE OFFICE OF POST AWARD FINANCIAL OPERATIONS. THIS OFFICE MONITORS ALL DOMESTIC AND FOREIGN SUBRECIPIENT GRANT MAKING ACTIVITY, INCLUDING COMPLIANCE WITH ALL APPLICABLE REGULATIONS. WHEN APPROVING INVOICE PAYMENTS CHARGED TO RESEARCH GRANTS, THE VALIDITY OF EXPENSES AND THE ACHIEVEMENT OF SCIENTIFIC AND TECHNICAL PROGRESS IS VERIFIED BY THE PRINCIPAL INVESTIGATOR OR HIS/HER DESIGNEE. BOSTON UNIVERSITY SCHOOLS, COLLEGES, AND THE OFFICE OF FINANCIAL ASSISTANCE MAKE EVERY EFFORT TO ASSIST STUDENTS WITH CALCULATED FINANCIAL ELIGIBILITY AND HIGH ACADEMIC ACHIEVEMENT, MEASURED AGAINST THE CREDENTIALS OF OTHER ACCEPTED STUDENTS. A STUDENT'S ACADEMIC RECORD IS AN IMPORTANT FACTOR IN DETERMINING ELIGIBILITY FOR BOSTON UNIVERSITY SCHOLARSHIPS AND NEED-BASED GRANTS. KEY INDICATORS SUCH AS HIGH SCHOOL GRADE POINT AVERAGE (GPA), RANK IN CLASS, AND STANDARDIZED TEST SCORES ARE CONSIDERED, AS WELL AS THE STRENGTH OF THE STUDENT'S ACADEMIC PROGRAM AND EXTRACURRICULAR ACTIVITIES.
Schedule F, Part I, Line 3 THE INFORMATION REPORTED UNDER SCHEDULE F, PART I IS BASED ON REVIEW OF DISBURSEMENTS TO FOREIGN VENDORS AS WELL AS GRANT, PAYROLL, TRAVEL, AND INVESTMENT DATA. GRANT MAKING ACTIVITIES CONSIST OF RESEARCH GRANTS TO SUBRECIPIENTS.
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
Schedule F (Form 990) 2019
Additional Data


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SCHEDULE G (Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Supplemental Information Regarding
Fundraising or Gaming Activities
Complete if the organization answered "Yes" 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 arrowAttach to Form 990 or Form 990-EZ.
right arrowGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
Fundraising Activities.Complete if the organization answered "Yes" on Form 990, Part IV, line 17.
Form 990-EZ filers are not required to complete this part.
1
Indicate whether the organization raised funds through any of the following activities. Check all that apply.
a e
b f
c g
d
2a
Did the organization have a written or oral agreement with any individual (including officers, directors, trustees
or key employees listed in Form 990, Part VII) or entity in connection with professional fundraising services?
b
If "Yes," list the 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
Greater Public Fundraising Consultant   No   133,697  
HBT Inc Fundraising Consultant   No   9,500  
             
             
             
             
             
             
             
             
Total . . . . . . . . . . . . . . . . . . . . right arrow   143,197  
3
List all states in which the organization is registered or licensed to solicit contributions or has been notified it is exempt from registration or licensing.
All States
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50083H
Schedule G (Form 990 or 990-EZ) 2019
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.









VerticalRevenue
(a) Event #1

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

Pub Radio Gala
(event type) 		(c) Other events

1
(total number) 		(d) Total events
(add col. (a) through col. (c))

1
Gross receipts . . . . .
1,014,263
615,643
81,435
1,711,341

2
Less: Contributions . . . .
56,098
615,643
81,435
753,176
3 Gross income (line 1 minus
line 2) . . . . . .
958,165
 
 
958,165



VerticalDirectExpenses
4 Cash prizes . . . . .        
5 Noncash prizes . . . .   17,642   17,642
6 Rent/facility costs . . . .   8,452   8,452
7 Food and beverages . . . 4,437     4,437
8 Entertainment . . . .        
9 Other direct expenses . . . 604,416 26,727 4,491 635,634
10 Direct expense summary. Add lines 4 through 9 in column (d) . . . . . . . . . . right arrow 666,165
11 Net income summary. Subtract line 10 from line 3, column (d). . . . . . . . . . right arrow 292,000
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.
VerticalRevenue
(a) Bingo (b) Pull tabs/Instant
bingo/progressive bingo 		(c) Other gaming (d) Total gaming (add col.(a) through col.(c))

1
Gross revenue . . . . .
 
 
 
 
VerticalDirectExpenses

2
Cash prizes . . . . .
 
 
 
 

3
Noncash prizes . . . .
 
 
 
 

4
Rent/facility costs . . . .
 
 
 
 

5
Other direct expenses . . .
 
 
 
 


6

Volunteer labor . . . .
%
%
%


7
Direct expense summary. Add lines 2 through 5 in column (d) . . . . . . . . . . right arrow
 

8
Net gaming income summary. Subtract line 7 from line 1, column (d). . . . . . . . . right arrow
 

9
Enter the state(s) in which the organization conducts gaming activities:
a
Is the organization licensed to conduct gaming activities in each of these states? . . . . . . . .
b
If "No," explain:
 
10a
Were any of the organization's gaming licenses revoked, suspended or terminated during the tax year? . . .
b
If "Yes," explain:
 
Schedule G (Form 990 or 990-EZ) 2019
Schedule G (Form 990 or 990-EZ) 2019
Page 3
11
Does the organization conduct gaming activities with nonmembers? . . . . . . . . . . .
12
Is the organization a grantor, beneficiary or trustee of a trust or a member of a partnership or other entity
formed to administer charitable gaming? . . . . . . . . . . . . . . . . .
13
Indicate the percentage of gaming activity conducted in:
a
The organization's facility . . . . . . . . . . . . . . . . . .
13a
%
b
An outside facility . . . . . . . . . . . . . . . . . . . .
13b
%
14
Enter the name and address of the person who prepares the organization's gaming/special events books and records:
Name right arrow
Address right arrow
15a
Does the organization have a contract with a third party from whom the organization receives gaming
revenue? . . . . . . . . . . . . . . . . . . . . . . . .
b
If "Yes," enter the amount of gaming revenue received by the organization right arrow $   and the
amount of gaming revenue retained by the third party right arrow $   .
c
If "Yes," enter name and address of the third party:
Name right arrow
Address right arrow
16
Gaming manager information:
Name right arrow
Gaming manager compensation right arrow $  
Description of services provided right arrow
 
17
Mandatory distributions:
a
Is the organization required under state law to make charitable distributions from the gaming proceeds to
retain the state gaming license? . . . . . . . . . . . . . . . . . . .
b
Enter the amount of distributions required under state law distributed to other exempt organizations or spent
in the organization's own exempt activities during the tax year right arrow$  
Part IV
Supplemental Information. Provide the explanations required by Part I, line 2b, columns (iii) and (v); and Part III, lines 9, 9b, 10b, 15b, 15c, 16, and 17b, as applicable. Also provide any additional information. See instructions.
Return Reference Explanation
Schedule G (Form 990 or 990-EZ) 2019
Additional Data


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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
Trustees of Boston University
 
Employer identification number
04-2103547
Part I
General Information on Grants and Assistance
1
Does the organization maintain records to substantiate the amount of the grants or assistance, the grantees' eligibility for the grants or assistance, and
the selection criteria used to award the grants or assistance? ........................
2
Describe in Part IV the organization's procedures for monitoring the use of grant funds in the United States.
Part II
Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" 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 (e) Amount of non-cash
assistance		 (f) Method of valuation
(book, FMV, appraisal,
other)		 (g) Description of
noncash assistance		 (h) Purpose of grant
or assistance
(1) Abt Associates Inc
10 Fawcett Street
Cambridge,MA02138 		42-2347643   217,208       Research RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH RESEARCH R
(2) Advanced Building Analysis LLC
2 Woodlawn Street
Amesbury,MA01913 		26-3486448   32,614       RESEARCH Research
(3) Albany Medical College
47 New Scotland Ave Office of Adm
Albany,NY12208 		14-1338310 501 C 3 38,534       RESEARCH Research
(4) American Academy of Pediatrics
PO Box 776442
PO Box 1388
Chicago,IL60677 		36-2275597 501 C 3 235,597       RESEARCH Research
(5) American College of Radiology
1891 Preston White Drive
Reston,VA20191 		36-2261602 501 C 3 656,920       RESEARCH Research
(6) Amicrobe Inc
3142 Tiger Run Court Suite 101
Carlsbad,CA92010 		27-4438018   883,179       RESEARCH Research
(7) Ann & Robert H Lurie Childrens Hospital
225 E Chicago Ave Box 271
6th Floor
Chicago,IL60611 		36-2170833 501 C 3 166,806       RESEARCH Research
(8) Arizona State University
PO Box 876011
Tempe,AZ85287 		86-0196696 State Govt 32,710       RESEARCH Research
(9) Association of Maternal & Child Health
1825 K Street NW
Washington,DC20006 		52-1529448 501 C 3 25,115       RESEARCH Research
(10) Augusta University Research Institute
PO Box 945552
Atlanta,GA30394 		58-1418202 501 C 3 41,689       RESEARCH Research
(11) Austin Speech Labs
7800 Shoal Creek Blvd
Austin,TX78757 		26-2137242 501 C 3 27,825       RESEARCH Research
(12) Banner Health
901 E Willetta Street
Phoenix,AZ85006 		45-0233470 501 C 3 20,404       RESEARCH Research
(13) Battelle Memorial Institute
Dept L 998
Columbus,OH43260 		31-4379427 501 C 3 37,814       RESEARCH Research
(14) Bay Area Bioscience Center
701 Gateway Blvd
S San Francisco,CA94080 		94-3118621 501 C 3 126,077       RESEARCH Research
(15) Baylor College of Medicine
PO Box 301207
Dallas,TX75303 		74-1613878 501 C 3 151,232       RESEARCH Research
(16) BB100 LLC
242 Broadway Suite 101
Schnectady,NY12305 		82-3986915   947,379       RESEARCH Research
(17) Bedford VA Research Corporation Inc
200 Springs Rd
Bedford,MA01730 		04-3512440 501 C 3 86,811       RESEARCH Research
(18) Beth Israel Deaconess Medical Center
330 Brookline Ave
Boston,MA02215 		04-2103881 501 C 3 525,250       RESEARCH Research
(19) BMSEED LLC
1440 East Northshore Drive
2nd FL Grants Adm
Tempe,AZ85283 		46-2005445   39,230       RESEARCH Research
(20) Board of Regents Univ of Nevada
1664 N Virginia St MS 0124
Reno,NV89557 		88-6000024 State Govt 21,999       RESEARCH Research
(21) Board of Trustees of the Leland Stanford
PO Box 44253
San Francisco,CA94144 		94-1156365 501 C 3 695,148       RESEARCH Research
(22) Boston Health Care for the Homeless
780 Albany Street
Boston,MA02118 		04-3160480 501 C 3 24,579       RESEARCH Research
(23) Boston Housing Authority
52 Chauncy St
Boston,MA02111 		04-6001907 Local Govt 15,612       RESEARCH Research
(24) Boston Medical Center
660 Harrison Ave
Boston,MA02118 		04-3314093 501 C 3 2,065,676       RESEARCH Research
(25) Boston University Psychiatry Association
85 E Newton St
Boston,MA02118 		04-3355267 501 C 3 93,481       RESEARCH Research
(26) Boston VA Research Institute Inc
5 Post Office Sq
Boston,MA02109 		04-3081524 501 C 3 103,234       RESEARCH Research
(27) Bowdoin College
5400 College Stations
Brunswick,ME04011 		01-0215213 501 C 3 34,716       RESEARCH Research
(28) Brandeis University
415 South St MS 110
Waltham,MA02454 		04-2103552 501 C 3 159,760       RESEARCH Research
(29) Bronx Veterans Medical Research Foundation
130 West Kingsbridge Road
Bronx,NY10468 		13-3699250 501 C 3 57,148       RESEARCH Research
(30) Brooklyn Bureau of Community Service
151 Lawrence St 4th Fl
Brooklyn,NY11201 		11-1630780 501 C 3 15,835       RESEARCH Research
(31) Brown University
69 Brown St 2nd Fl
Providence,RI02912 		05-0258809 501 C 3 548,137       RESEARCH Research
(32) Bugworks Research Inc
41635 Joyce Ave
Fremont,CA94539 		46-4722591   3,314,715       RESEARCH Research
(33) Butler Hospital
350 Duncan Dr
Providence,RI02906 		05-0258812 501 C 3 94,074       RESEARCH Research
(34) Cardiovascular Engineering Inc
1 Edgewater Drive
Norwood,MA02062 		04-3428135   213,941       RESEARCH Research
(35) Carnegie Mellon University
PO Box 371032
Suite 300
Pittsburgh,MA15250 		25-0969449 501 C 3 119,636       RESEARCH Research
(36) Casa Esperanza Inc
302 Eustis Street
Roxbury,MA02119 		22-2525437 501 C 3 49,212       RESEARCH Research
(37) CHILDRENS HOSPITAL COLORADO
13123 E 16th Ave
Aurora,CO80045 		84-0166760 501 C 3 50,603       RESEARCH Research
(38) Childrens Hospital Corporation
PO Box 414413
Boston,MA02241 		04-2774441 501 C 3 1,519,165       RESEARCH Research
(39) Childrens Hospital of Wisconsin Inc
9000 W Wisconsin Ave
Milwaukee,WI53226 		39-0812532 501 C 3 107,342       RESEARCH Research
(40) Childrens Research Institute
801 Roeder Rd 500
Silver Spring,MD20910 		52-1654453 501 C 3 176,279       RESEARCH Research
(41) Circle Inc
PO Box 652
Mail Stop BP451
Barre,VT05641 		03-0331147 501 C 3 37,685       RESEARCH Research
(42) Claremont Graduate University
150 E Tenth Street
Claremont,CA91711 		95-1664100 501 C 3 7,336       RESEARCH Research
(43) Cleveland Clinic Foundation
PO Box 931562
Cleveland,OH44193 		34-0714585 501 C 3 124,971       RESEARCH Research
(44) Clinton Health Access Initiative Inc
383 Dorchester Ave Ste 400
Boston,MA02127 		27-1414646 501 C 3 85,015       RESEARCH Research
(45) CODMAN SQUARE HEALTH CENTER INC
637 Washington Street
VAMC 518
Dorchester,MA02124 		04-2678774 501 C 3 56,830       RESEARCH Research
(46) Colorado Department of Public Health
4300 Cherry Creek Dr South
Suite 300
Denver,CO80246 		84-0644739 STATE GOVT 64,868       RESEARCH Research
(47) Colorado Seminary
PO Box 911811 OSP
Denver,CO80291 		84-0404231 501 C 3 45,895       RESEARCH Research
(48) Commonwealth of Kentucky Cabinet for Health
310 Whittington Pkwy
Louisville,KY40222 		61-6001481 State Govt 16,162       RESEARCH Research
(49) Contrafect Corp
28 Wells Ave 3rd Fl
Yonkers,NY10701 		39-2072586   1,423,571       RESEARCH Research
(50) Cornell University
PO Box 22
Ithaca,NY14851 		15-0532082 501 C 3 237,880       RESEARCH Research
(51) Curza Global LLC
650 Komas Drive
Salt Lake City,UT84108 		80-0908094   574,105       RESEARCH Research
(52) Dana-Farber Cancer Institute Inc
450 Brookline Ave
Boston,MA02215 		04-2263040 501 C 3 212,107       RESEARCH Research
(53) Dartmouth-Hitchcock Clinic
One Medical Center Drive
Lebanon,NH03756 		22-2519596 501 C 3 15,488       RESEARCH Research
(54) Day Zero Diagnostics Inc
127 Western Avenue
Allston,MA02134 		81-2254210   846,404       RESEARCH Research
(55) Denver Research Institute
3401 Quebec St Ste 5000
MS 2E1
Denver,CO80207 		84-1392442 501 C 3 167,925       RESEARCH Research
(56) Drexel University
PO Box 95000
Philadelphia,PA19195 		23-1352630 501 C 3 74,505       RESEARCH Research
(57) Duke University
PO Box 602651
Charlotte,NC28260 		56-0532129 501 C 3 657,817       RESEARCH Research
(58) East Carolina University
2200 Scharles Blvd
Greenville,NC27858 		56-6000403 State Govt 32,913       RESEARCH Research
(59) Eastman Kodak Company
PO Box 640350
Pittsburgh,PA15264 		16-0417150   25,000       RESEARCH Research
(60) Education Development Center Inc
43 Foundry Ave
Waltham,MA02453 		04-2241718 501 C 3 37,045       RESEARCH Research
(61) Educational Testing Service
PO Box 371986
Pittsburgh,PA15251 		21-0634479 501 C 3 193,076       RESEARCH Research
(62) EMORY UNIVERSITY
PO Box 935084
Atlanta,GA31193 		58-0566256 501 C 3 277,670       RESEARCH Research
(63) Endicott College
376 Hale St
Beverly,MA01915 		04-2103567 501 C 3 63,542       RESEARCH Research
(64) Entasis Therapeutics Inc
35 Gatehouse Drive
Waltham,MA02451 		47-3440942   2,133,520       RESEARCH Research
(65) Facile Therapeutics Inc
2708 Wemberly Drive
Belmont,CA94002 		82-0616802   73,823       RESEARCH Research
(66) Family Voices
110 Hartwell Ave
Lexington,MA02421 		85-0430800 501 C 3 20,598       RESEARCH Research
(67) Florida International Univ BOT
11200 SW 8th St
Miami,FL33199 		65-0177616 501 C 3 559,898       RESEARCH Research
(68) Forge Therapeutics Inc
10578 Science Center Dr
San Diego,CA92121 		80-0940055   3,436,899       RESEARCH Research
(69) Forsyth Dental Infirmary for Children
245 First Street
Cambridge,MA02142 		04-2104230 501 C 3 328,837       RESEARCH Research
(70) Franklin & Marshall College
PO Box 3003
Lancaster,PA17604 		23-1352635 501 C 3 67,119       RESEARCH Research
(71) Franklin Primary Health Center Inc
1303 DR MLK Jr Ave
Mobile,AL36603 		63-0695975 501 C 3 47,642       RESEARCH Research
(72) General Electric Company
LB645044 500 1st Ave
Pittsburgh,PA15219 		14-0689340   229,716       RESEARCH Research
(73) Georgetown University
Box 571164
Washington,DC20057 		53-0196603 501 C 3 23,090       RESEARCH Research
(74) Georgia Tech Research Corporation
PO Box 100117
Atlanta,GA30384 		58-0603146 501 C 3 63,882       RESEARCH Research
(75) Gillette Childrens Specialty Health
200 University Ave E
Saint Paul,MN55101 		36-3379150 501 C 3 159,662       RESEARCH Research
(76) GreenRoots Inc
227 Marginal St Suite 1
Chelsea,MA02150 		81-2718273 501 C 3 6,000       RESEARCH Research
(77) H Lee Moffitt Cancer Center and ResEARCH
PO Box 742801
Atlanta,GA30374 		59-2451713 501 C 3 17,951       RESEARCH Research
(78) Health Management Associates Inc
120 N Washington Sq
Lansing,MI48933 		38-2599727 501 C 3 136,413       RESEARCH Research
(79) Health Research Inc
150 Broadway Suite 560
Menands,NY12204 		14-1402155 501 C 3 406,924       RESEARCH Research
(80) Health Resources in Action Inc
2 Boylston St
Boston,MA02116 		04-2229839 501 C 3 6,000       RESEARCH Research
(81) Hebrew Rehabilitation Center
1200 Centre Street
Boston,MA02131 		04-2104298 501 C 3 13,663       RESEARCH Research
(82) HelixBind Inc
181 Cedar Hill St
Marlborough,MA01752 		46-1399706   617,078       RESEARCH Research
(83) Henry Ford Health System
One Ford Place
Detroit,MI48202 		38-1357020 501 C 3 36,851       RESEARCH Research
(84) Herrera Consulting Group LLC
6123 Utah Ave NW
Washingtron,DC20015 		81-2848801   10,650       RESEARCH Research
(85) HJF Medical Research International
6720-A Rockledge Dr
Bethesda,MD20817 		52-2322791 501 C 3 11,773       RESEARCH Research
(86) Holyoke Health Center Inc
PO Box 6260 230 Maple St
Holyoke,MA01041 		04-2492730 501 C 3 185,708       RESEARCH Research
(87) Icahn School of Medicine at Mount Sinai
1 Gustave Levy Pl
New York,NY10029 		13-6171197 501 C 3 489,823       RESEARCH Research
(88) Impact Marketing and Communications
10219 Green Holly
Silver Spring,MD20902 		16-1694206   121,270       RESEARCH Research
(89) Indiana University
PO Box 78000 Dept 78867
Detroit,MI48278 		35-6001673 State Govt 415,182       RESEARCH Research
(90) Inhibrx Inc
11025 N Torrey Pines Rd
La Jolla,CA92037 		82-4257312   3,136,374       RESEARCH Research
(91) Innovations for Poverty Action
101 Whitney Avenue
New Haven,CT06510 		06-1660068 501 C 3 186,629       RESEARCH Research
(92) Institute for Life Science Entrepreneurship
1000 Morris Ave
Union,NJ07083 		46-5632420 501 C 3 199,644       RESEARCH Research
(93) Institute for Health and Recovery
349 Broadway
Cambridge,MA02139 		04-3086647 501 C 3 123,720       RESEARCH Research
(94) Integrated BioTherapeutics
4 Research Ct
Rockville,MD20850 		20-3052840   1,460,086       RESEARCH Research
(95) Jaeb Center for Health Research Foundation
15310 Amberly Dr
Tampa,FL33647 		59-3187624 501 C 3 6,484,948       RESEARCH Research
(96) Johns Hopkins Univ Applied Physics
11100 Johns Hopkins Road
Rm G-547
Laurel,MD20723 		52-0595111 501 C 3 33,371       RESEARCH Research
(97) Johns Hopkins University
12529 Collections Ctr Dr
Chicago,IL60693 		52-0595110 501 C 3 733,485       RESEARCH Research
(98) Kaiser Foundation Research Institute
1800 HARRISON ST
OAKLAND,CA94612 		94-1105628 501 C 3 707,094       RESEARCH Research
(99) Kansas State University
2323 Anderson Ave
Manhattan,KS66502 		48-0771751 501 C 3 45,398       RESEARCH Research
(100) Klaris Corporation
9430 Research Blvd
Austin,TX78759 		82-4883088   1,875,863       RESEARCH Research
(101) Lahey Clinic Inc
41 Mall Road
Burlington,MA01805 		04-2704683 501 C 3 85,851       RESEARCH Research
(102) Legacy Community Health Services
PO Box 66308
Houston,TX77266 		76-0009637 501 C 3 20,909       RESEARCH Research
(103) Louisiana State University and Agriculture
6400 Perkins Rd
Baton Rouge,LA70816 		72-6000848 State Govt 89,218       RESEARCH Research
(104) Lowell Observatory
1400 W Mars Hill Road
Flagstaff,AZ86001 		86-0098918 501 C 3 11,015       RESEARCH Research
(105) Lundquist Institute for Biomedical
1124 W Carson St Bld MRL
Rm 130 MC 1103
Torrance,CA90502 		95-2138184 501 C 3 303,205       RESEARCH Research
(106) Lytica Therapeutics Inc
700 Main Street
Cambridge,MA02139 		84-3243210   1,316,614       RESEARCH Research
(107) Mapp Biopharmaceutical Inc
6160 Lusk Blvd
San Diego,CA92121 		20-0037593   214,110       RESEARCH Research
(108) Massachusetts Green High Performance
100 Bigelow St
Holyoke,MA01040 		27-3014805 501 C 3 17,144       RESEARCH Research
(109) Massachusetts Institute of Technology
77 Mass Ave
Cambridge,MA02139 		04-2103594 501 C 3 1,538,827       RESEARCH Research
(110) Mayo Clinic Jacksonville
PO Box 860334
Minneapolis,MN55486 		59-3337028 501 C 3 726,973       RESEARCH Research
(111) Melinta Therapeutics Inc
300 George St
New Haven,CT06511 		06-1599437   59,072       RESEARCH Research
(112) Mental Health Center of Denver
4141 E Dickenson Pl
Denver,CO80222 		74-2499946 501 C 3 15,137       RESEARCH Research
(113) Mentor Washington
15500 SE30th Place
Bellevue,WA98007 		20-8335617 501 C 3 120,371       RESEARCH Research
(114) Merrimack College
315 Turnpike St
North Andover,MA01845 		04-2103731 501 C 3 21,630       RESEARCH Research
(115) Michigan State University
426 Auditorium Rd
East Lansing,MI48824 		38-6005984 State Govt 39,120       RESEARCH Research
(116) Microbion Corporation
5 West Mendenhall St
Bozeman,MT59715 		92-0173760   217,735       RESEARCH Research
(117) Microbiotix Inc
One Innovation Dr
Worcester,MA01605 		06-1538344   282,463       RESEARCH Research
(118) MicuRx Pharmaceuticals
555 Bryant St
Palo Alto,CA94301 		26-0358968   989,880       RESEARCH Research
(119) Middle Tennessee Research Institute
1310 24th Ave S
Nashville,TN37212 		62-1387860 501 C 3 117,451       RESEARCH Research
(120) Molecular NeuroImaging LLC
60 Temple St
New Haven,CT06510 		06-1594851 501 C 3 146,888       RESEARCH Research
(121) Montrose Foundation Inc
29 North Street
Medfield,MA02052 		04-2668765 501 C 3 70,667       RESEARCH Research
(122) Mucommune LLC
1040 Dolores
San Francisco,CA94110 		47-3360279   92,150       RESEARCH Research
(123) Multnomah County
501 SE Hawthorne Blvd
Portland,OR97214 		93-6002309 Local Govt 14,322       RESEARCH Research
(124) Museum of Science
1 Science Park
Boston,MA02114 		04-2103916 501 C 3 13,715       RESEARCH Research
(125) Mycosynthetix Inc
505 Meadowlands Dr
Hillsborough,NC27278 		36-4468884   40,600       RESEARCH Research
(126) National Opinion Research Center
55 East Monroe St
Chicago,IL60603 		36-2167808 501 C 3 70,709       RESEARCH Research
(127) New Hampshire Public Health Association
4 Park St
Concord,NH03301 		02-0453814 501 C 3 29,331       RESEARCH Research
(128) New York University
PO Box 5166
NY,NY10087 		13-5562308 501 C 3 349,462       RESEARCH Research
(129) Newark Beth Israel Medical Center
201 Lyons Ave
Newark,NJ07112 		22-3452311 501 C 3 35,917       RESEARCH Research
(130) Nexleaf Analytics
1964 Westwood Blvd
Los Angeles,CA90025 		90-0514027 501 C 3 363,978       RESEARCH Research
(131) NO AIDS Task Force
1631 Elysian Fields Ave
New Orleans,LA70117 		72-1059635 501 C 3 18,063       RESEARCH Research
(132) North Carolina State University
Box 7214
Raleigh,NC27695 		56-6000756 501 C 3 139,884       RESEARCH Research
(133) Northeastern University
360 Huntington Ave
Boston,MA02115 		04-1679980 501 C 3 349,265       RESEARCH Research
(134) Northern California Institute for Research
4150 Clement St
San Francisco,CA94121 		94-3084159 501 C 3 80,303       RESEARCH Research
(135) Northwestern University
633 Clark St
Evanston,IL60208 		36-2167817 501 C 3 334,738       RESEARCH Research
(136) Nova Southeastern University
3301 College Ave
Fort Lauderdale,FL33314 		59-1083502 501 C 3 155,601       RESEARCH Research
(137) Oak Crest Institute of Science
132 W Chestnut Avenue
Monrovia,CA91016 		95-4680961 501 C 3 35,460       RESEARCH Research
(138) Ohio University
PO Box 960
Athens,OH45701 		31-6402113 501 C 3 414,873       RESEARCH Research
(139) OREGON HEALTH & SCIENCE UNIVERSITY
0690 SW Bancroft St
Portland,OR97239 		93-1176109 501 C 3 151,944       RESEARCH Research
(140) OSU Oregon State University
312 Kerr ADMIN BLDG
Corvallis,OR97331 		48-1278540 State Govt 34,661       RESEARCH Research
(141) Peptilogics Inc
2730 Sidney St
Pittsburgh,PA15203 		46-3732713   42,061       RESEARCH Research
(142) President & Fellows of Harvard CollEGE
PO Box 415649
Boston,MA02241 		04-2103580 501 C 3 1,056,926       RESEARCH Research
(143) Propel Careers
1 Broadway 14th Floor
Cambridge,MA02142 		27-1093470   12,900       RESEARCH Research
(144) Rabin Strategic Partners Inc
104 West 40th St
New York,NY10018 		20-0554687   119,297       RESEARCH Research
(145) Rand Corporation
PO BOX 2138
SANTA MONICA,CA90407 		95-1958142 501 C 3 64,015       RESEARCH Research
(146) Raytheon Company
PO BOX 419370
Boston,MA02215 		95-1778500   100,000       RESEARCH Research
(147) Recida Therapeutics Inc
70 Willow Ave
Menlo Park,CA94025 		81-2178106   249,131       RESEARCH Research
(148) Rector and Visitors of the Univ of VA
PO Box 400195
Charlottesville,VA22904 		54-6001796 501 C 3 1,148,010       RESEARCH Research
(149) Regents of the Univ of CA
2195 Hearst Ave
Berkeley,CA94720 		94-6002123 501 C 3 316,065       RESEARCH Research
(150) Regents of the Univ of CA San Diego
9500 Gillman Dr
La Jolla,CA92093 		95-6006144 501 C 3 115,329       RESEARCH Research
(151) Regents of the Univ of CA Santa Barbara
SAASB Build Rm 1212
Santa Barbara,CA93106 		95-6006145 501 C 3 28,986       RESEARCH Research
(152) Regents of the Univ of CA Davis
PO Box 989062
West Sacramento,CA95798 		94-6036494 501 C 3 336,498       RESEARCH Research
(153) Regents of The Univ of CA Santa Cruz
1156 High Street
Santa Cruz,CA95064 		94-1539563 501 C 3 87,236       RESEARCH Research
(154) Regents of the University of California
PO Box 748872
Los Angeles,CA90074 		94-6036493 501 C 3 300,986       RESEARCH Research
(155) Regents of the University of California
120 Theory Ste 200
Irvine,CA92697 		95-2226406 501 C 3 35,991       RESEARCH Research
(156) Regents of the University of Colorado
POB 910238 F428
Denver,CO80291 		84-6000555 501 C 3 367,263       RESEARCH Research
(157) Regents of the University of Minnesota
NW 5957
Minneapolis,MN55485 		41-6007513 501 C 3 51,454       RESEARCH Research
(158) Regents Univ of CA Los Angeles
405 Hilgard Ave
Los Angeles,CA90095 		95-6006143 501 C 3 1,239,097       RESEARCH Research
(159) Research Foundation for SUNY
PO Box 9
Albany,NY12201 		14-1368361 501 C 3 79,461       RESEARCH Research
(160) Research Triangle Institute
PO Box 900002
Raleigh,NC27675 		56-0686338 501 C 3 1,333,966       RESEARCH Research
(161) Roxbury Community College
1234 Columbus Ave
Roxbury Cross,MA02120 		04-2726857 501 C 3 12,336       RESEARCH Research
(162) Rutgers The State University OF NJ
33 Knightsbridge Rd
Piscataway,NJ08854 		22-6001086 501 C 3 60,563       RESEARCH Research
(163) San Francisco State University
1600 Holloway Ave
San Francisco,CA94132 		93-1137247 501 C 3 16,854       RESEARCH Research
(164) SciBac Inc
1828 El Camino Real
Burlingame,CA94010 		47-4141235   154,447       RESEARCH Research
(165) Seattle Childrens Hospital
PO Box 24728
Seattle,WA98124 		91-0564748 501 C 3 151,396       RESEARCH Research
(166) Seattle Institute for Biomedical an
1325 4th Ave Ste 1310
Seattle,WA98101 		91-1452438 501 C 3 101,762       RESEARCH Research
(167) Seres Therapeutics Inc
200 Sidney Street
Cambridge,MA02139 		27-4326290   681,134       RESEARCH Research
(168) SosteNica Inc
1019 Ashley Rd
West Chester,PA19382 		23-3061896   304,203       RESEARCH Research
(169) South Boston Community Health Center
409 West Broadway
South Boston,MA02127 		04-2682152 501 C 3 15,847       RESEARCH Research
(170) South Florida Veterans Affairs Foundation
1201 NW 16th St
Miami,FL33125 		65-0207903 501 C 3 24,852       RESEARCH Research
(171) Southern Methodist University
PO Box 750259
Dallas,TX75275 		75-0800689 501 C 3 30,523       RESEARCH Research
(172) Southern Nevada Health District
PO Box 3902
Las Vegas,NV89127 		88-0151573 State Govt 32,127       RESEARCH Research
(173) Southwest Louisiana AIDS Council
425 Kingsley St
Lake Charles,LA70601 		72-1115522 State Govt 26,437       RESEARCH Research
(174) Space Science Institute
4765 Walnut Street Ste B
Boulder,CO80301 		84-1215290 501 C 3 12,075       RESEARCH Research
(175) Specific Diagnostics LLC
500 Austr Ave
West Palm Beach,FL33401 		45-2623441   1,968,346       RESEARCH Research
(176) Stanley Street Treatment and Resource
386 Stanley Street
Fall River,MA02720 		04-2604426 501 C 3 22,753       RESEARCH Research
(177) State of Alabama
602 South Lawrence St
Montgomery,AL36104 		63-6000619 State Govt 97,959       RESEARCH Research
(178) State of Indiana
2 North Meridian St
Indianapolis,IN46204 		35-6000158 State Govt 115,084       RESEARCH Research
(179) State of Maryland
PO Box 41428
Baltimore,MD21203 		52-6002033 State Govt 10,060       RESEARCH Research
(180) State of Mississippi-University of MS
2500 North State St
Jackson,MS39216 		64-6008520 State Govt 103,277       RESEARCH Research
(181) Suffolk University
73 Tremont St ORSP
Boston,MA02108 		04-2133255 501 C 3 25,000       RESEARCH Research
(182) SutroVax Inc
353 Hatch Drive
Foster City,CA94404 		46-4233385   562,264       RESEARCH Research
(183) Syracuse University
640 Skytop Rd
Syracuse,NY13244 		15-0532081 501 C 3 63,235       RESEARCH Research
(184) T2 Biosystems Inc
101 Hartwell Ave
Lexington,MA02421 		20-4827488   322,975       RESEARCH Research
(185) Talis Biomedical Corp
230 Constitution Dr
Menlo Park,CA94025 		46-3122255   3,333,016       RESEARCH Research
(186) Taxis Pharmaceuticals Inc
9 Deer Park Dr
Monmouth Junction,NJ08852 		26-4516108   831,646       RESEARCH Research
(187) Technical Education Research Center
2067 Massachusetts Ave
Cambridge,MA02140 		04-6134355 501 C 3 34,865       RESEARCH Research
(188) Techulon Inc
2200 Kraft Dr
Blacksburg,VA24060 		20-8076249   617,958       RESEARCH Research
(189) Temple University of the Commonwealth
PO Box 824242
Philadelphia,PA19182 		23-1365971 501 C 3 77,826       RESEARCH Research
(190) Tetraphase Pharmaceuticals Inc
480 Arsenal St
Watertown,MA02472 		20-5276217   285,914       RESEARCH Research
(191) Texas A&M University
400 Harvey M Pky
College Station,TX77845 		74-6000531 State Govt 15,923       RESEARCH Research
(192) The Brigham & Womens Hospital Inc
PO Box 3887
Boston,MA02241 		04-2312909 501 C 3 1,233,902       RESEARCH Research
(193) The Broad Institute Inc
415 Main St
Cambridge,MA02142 		26-3428781 501 C 3 832,978       RESEARCH Research
(194) The Center for Health Policy Development
Two Monument Square
Portland,ME04101 		52-1576801 501 C 3 28,629       RESEARCH Research
(195) The Childrens Hospital of Philadelphia
Lockbox 1457
Philadelphia,PA19178 		23-1352166 501 C 3 104,372       RESEARCH Research
(196) The General Hospital Corporation
PO Box 3829
Boston,MA02241 		04-2697983 501 C 3 1,593,969       RESEARCH Research
(197) The Geneva Foundation
PO Box 84212
Seattle,WA98124 		91-1593913 501 C 3 68,592       RESEARCH Research
(198) The George Washington University
PO Box 829896
Philadelphia,PA19182 		53-0196584 501 C 3 52,291       RESEARCH Research
(199) The John B Pierce Laboratory Inc
290 Congress Ave
New Haven,CT06519 		06-0646780 501 C 3 286,515       RESEARCH Research
(200) The McGregor Clinic Inc
3487 Broadway
Fort Myers,FL33901 		65-0922489 501 C 3 32,869       RESEARCH Research
(201) The McLean Hospital Corporation
PO Box 3951
Boston,MA02241 		04-2697981 501 C 3 161,622       RESEARCH Research
(202) The MGH Institute of Health Professionals
399 Revolution Dr
Somerville,MA02145 		04-2868893 501 C 3 82,691       RESEARCH Research
(203) The Pennsylvania State University
227 W Beaver Ave
State College,PA16801 		24-6000376 501 C 3 62,928       RESEARCH Research
(204) The Regents of the University of MI
Box 223131
Pittsburgh,PA15251 		38-6006309 501 C 3 853,742       Research
(205) The Rockville Institute A Research
PO Box 1004
Rockville,MD20850 		20-3332738 501 C 3 124,082       Research
(206) The Thresholds
P O Box 87618
Chicago,IL60680 		36-2518901 501 C 3 45,667       Research
(207) The Trustees of Columbia University
PO Box 29789
New York,NY10087 		13-5598093 501 C 3 84,238       Research
(208) The Trustees of Princeton University
701 Carnegie Center
Princeton,NJ08540 		21-0634501 501 C 3 409,768       Research
(209) The Trustees of Purdue University
23510 Network Pl
Chicago,IL60673 		35-6002041 State Govt 175,121       Research
(210) The University of Chicago
6054 So Drexel Ave
Chicago,IL60637 		36-2177139 501 C 3 243,210       Research
(211) The University of Rhode Island
3 Capitol Hill
Providence,RI02908 		05-6000522 501 C 3 22,131       Research
(212) The University of South Carolina
1600 Hampton St
Columbia,SC29208 		57-6001153 501 C 3 21,548       Research
(213) The University of Texas at Austin
P O Box 7159
Austin,TX78713 		74-6000203 State Govt 826,467       Research
(214) The Vanderbilt University
PO Box 121236
Dallas,TX75312 		62-0476822 501 C 3 14,899       Research
(215) THIRD SECTOR NEW ENGLAND INC
89 South Street 700
Boston,MA02111 		04-2261109 501 C 3 206,061       Research
(216) Thomas Jefferson University
170S Ind MallW
Philadelphia,PA19106 		23-1352651 501 C 3 20,941       Research
(217) Tougaloo College
500 W County LN RD
Tougaloo,MS39174 		64-0303093 501 C 3 13,810       Research
(218) Treasurer State of Connecticut
PO Box 1240
Middletown,CT06457 		06-6000798 State Govt 5,683       Research
(219) Trellis Bioscience LLC
702 Marshall St
Redwood City,CA94063 		27-2163377   919,911       Research
(220) Trustees of Boston College
140 Commonw Ave
Chestnut Hill,MA02467 		04-2103545 501 C 3 74,824       Research
(221) Trustees of Dartmouth College
11 Rope Ferry Rd
Hanover,NH03755 		02-0222111 501 C 3 23,851       Research
(222) Trustees of Tufts College
136 Harrison Ave
Boston,MA02111 		04-2103634 501 C 3 188,859       Research
(223) University Corporation for Atmospheric Research
PO Box 3000
Boulder,CO80307 		84-0412668 501 C 3 9,044       Research
(224) University of Alabama at Birmingham
1720 2nd Ave S
Birmingham,AL35294 		63-6005396 501 C 3 320,905       Research
(225) University of Arkansas Fayetteville
Treasurers Office
Fayetteville,AR72702 		71-6003252 501 C 3 58,244       Research
(226) University of Connecticut
438 Whitney Rd
Storrs,CT06269 		06-0772160 State Govt 116,400       Research
(227) University of Delaware
116 Student Svcs Bldg
Newark,DE19716 		51-6000297 501 C 3 47,465       Research
(228) University of Florida
PO Box 113001
Gainesville,FL32611 		59-6002052 State Govt 33,603       Research
(229) University of Georgia Research Foundation
310 East Campus Rd
Athens,GA30602 		58-1353149 501 C 3 5,057       Research
(230) University of Hawaii
2440 Campus Rd Box 368
Honolulu,HI96822 		99-6000354 501 C 3 32,935       Research
(231) University of Houston
POB 988 Treas Office
Houston,TX77001 		74-6001399 State Govt 16,523       Research
(232) University of Kentucky Research Foundation
P O Box 931113
Cleveland,OH44193 		61-6033693 501 C 3 22,239       Research
(233) University of Louisville
300 E Market St 300
Louisville,KY40202 		61-1014882 501 C 3 44,498       Research
(234) University of Massachusetts
55 Lake Avenue North
Worcester,MA01655 		04-3167352 State Govt 633,503       Research
(235) University of New England
11 Hills Beach Rd
Biddeford,ME04005 		01-0211810 501 C 3 40,170       Research
(236) University of New Orleans
2000 Lakeshore Dr
New Orleans,LA70148 		72-0702000 State Govt 70,718       Research
(237) University of North Carolina - Chapel Hill
PO Box 402420
Atlanta,GA30384 		56-6001393 501 C 3 633,925       Research
(238) University of North Carolina Greensboro
PO Box 26170
Greensboro,NC27402 		56-6001468 501 C 3 61,618       Research
(239) University of North Texas Health Sciences
3500 Camp Bowie Blvd
Fort Worth,TX76107 		75-6064033 501 C 3 43,942       Research
(240) UNIVERSITY OF PENNSYLVANIA
PO Box 785541
Philadelphia,PA19178 		23-1352685 501 C 3 554,056       Research
(241) University of Pittsburgh
500 Ross St
Pittsburgh,PA15262 		25-0965591 State Govt 68,284       Research
(242) University of Rochester
910 Genesee St
Rochester,NY14642 		16-0743209 501 C 3 99,898       Research
(243) University of Southern California
3500 So Figueroa St
Los Angeles,CA90089 		95-1642394 501 C 3 48,401       Research
(244) University of Texas Health Science
PO Box 1898
San Antonio,TX78297 		74-1586031 State Govt 502,859       Research
(245) UNIVERSITY OF TEXAS HEALTH SCIENCE
PO Box 301418
Dallas,TX75303 		74-1761309 State Govt 198,620       Research
(246) University of Vermont & State Agricultural
PO Box 1389
Williston,VT05495 		03-0179440 501 C 3 341,802       Research
(247) University of Washington
12455 Collections Drive
Chicago,IL60693 		91-6001537 501 C 3 1,066,725       Research
(248) University of Wisconsin
Drawer 538
Milwaukee,WI53278 		39-1805963 State Govt 50,375       Research
(249) UT MD Anderson Cancer Center
PO Box 4266
Houston,TX77210 		74-6001118 State Govt 114,279       Research
(250) Vanderbilt University Medical Center
POB 121236
Dallas,TX75312 		35-2528741 501 C 3 245,741       Research
(251) Vedanta Biosciences Inc
19 Blackstone Street
Cambridge,MA02139 		27-5440202   381,320       Research
(252) VenatoRx Pharmaceuticals Inc
30 Spring Mill Dr
Malvern,PA19355 		27-2782193   2,320,528       Research
(253) Vermont Public Health Association Inc
PO Box 732
Burlilngton,VT05401 		02-0608866 501 C 3 36,728       Research
(254) Veterans Research Fnd of Pittsburgh
University Dri C 151 Build 30 Grd F
Pittsburgh,PA15240 		25-1666090 501 C 3 73,964       Research
(255) Virginia Commonwealth University
Box 843039
Richmond,VA23284 		54-6001758 501 C 3 36,099       Research
(256) Virginia Polytechnic Institute & St
N End Ctr
Blacksburg,VA24061 		54-6001805 State Govt 104,201       Research
(257) Visterra Inc
275 Second Avenue
Waltham,MA02451 		32-0225657   352,473       Research
(258) Wake Forest University Health Sciences
EPICARE 525
Winston Salem,NC27157 		22-3849199 501 C 3 5,247       Research
(259) Washington University
700 Rosedale Ave
St Louis,MO63112 		43-0653611 501 C 3 372,894       Research
(260) Woods Hole Oceanographic Institution
569 Woods Hole Rd
Woods Hole,MA02543 		04-2105850 501 C 3 398,455       Research
(261) Worcester Polytechnic Institute
100 Institute Rd
Worcester,MA01609 		04-2121659 501 C 3 26,602       Research
(262) Yale University
PO Box 1873
New Haven,CT06508 		06-0646973 501 C 3 484,909       Research
(263) Yeshiva University
1300 Morris Park Ave
Bronx,NY10461 		13-1624225 501 C 3 580,618       Research
(264) ZabBio Inc
6160 Lusk Blvd
San Diego,CA92121 		82-2969965   947,518       Research
(265) Zikani Therapeutics Inc
480 Arsenal Way 130
Watertown,MA02472 		90-1138559   536,065       Research
(266) ESPLANADE ASSOCIATION
575 Boylston St
Boston,MA02116 		04-3550635 501 C 3 10,000       Charitable donation
(267) The Brigham & Womens Hospital Inc
215 First St
Cambridge,MA02142 		04-2312909 501 C 3 50,000       Charitable donation
(268) Society for Social Work & Research
11240 Waples Mill Rd
Fairfax,VA22030 		13-3768131 501 C 3 27,000       Charitable donation
(269) Fenway Community Health Center INC
1340 Boylston Street
Boston,MA02215 		04-2510564 501 C 3 16,300       Charitable donation
(270) Travis Roy Foundation
101 Huntington Ave
Boston,MA02199 		04-3327883 501 C 3 12,556       Charitable donation
(271) Massachusetts Public Health Association
50 Federal St 8th fl
Boston,MA02110 		04-2326503 501 C 3 8,750       Charitable donation
(272) Boston Medical Center
801 Mass Ave
Boston,MA02118 		04-3314093 501 C 3 6,750       Charitable donation
(273) American Red Cross of Massachusetts
431 18th St NW
Washington,DC20006 		53-0196605 501 C 3 5,798       Charitable donation
(274) Theatre Community Benevolent Fund
411A Highland Ave
Somerville,MA02144 		31-1712935 501 C 3 5,123       Charitable donation
(275) Massachusetts Health Council
200 Reservoir St
Needham,MA02494 		04-2296739 501 C 3 5,100       Charitable donation
2
Enter total number of section 501(c)(3) and government organizations listed in the line 1 table ................. Bullet Image
225
3
Enter total number of other organizations listed in the line 1 table ........................ . Bullet Image
50
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50055P
Schedule I (Form 990) 2019

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) TUITION AND STIPEND FOR STUDENTS & POST-DOC 18941 28,536,152 473,332,864 COST TUITION OFFSET
(2) EMERGENCY FINANCIAL AID GRANTS FROM THE HEERF 5808 14,995,316      
(3) HONORARIUM 2073 1,784,548      
(4) PRIZES AND AWARDS 670 892,307      
(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
SCHEDULE I, PART I, LINE 2 THE UNIVERSITY ASSIGNS RESPONSIBILITY FOR MONITORING THE USE OF RESEARCH FUNDS TO THE OFFICE OF POST AWARD FINANCIAL OPERATIONS. THIS OFFICE MONITORS ALL DOMESTIC SUBRECIPIENT GRANT MAKING ACTIVITY, INCLUDING COMPLIANCE WITH ALL APPLICABLE REGULATIONS. WHEN APPROVING INVOICE PAYMENTS CHARGED TO RESEARCH GRANTS, THE VALIDITY OF EXPENSES AND THE ACHIEVEMENT OF SCIENTIFIC AND TECHNICAL PROGRESS ARE VERIFIED BY THE PRINCIPAL INVESTIGATOR OR HIS/HER DESIGNEE.
SCHEDULE I, PART III BOSTON UNIVERSITY SCHOOLS, COLLEGES, AND THE OFFICE OF FINANCIAL ASSISTANCE MAKE EVERY EFFORT TO ASSIST STUDENTS WITH CALCULATED FINANCIAL ELIGIBILITY AND HIGH ACADEMIC ACHIEVEMENT, MEASURED AGAINST THE CREDENTIALS OF OTHER ACCEPTED STUDENTS. A STUDENT'S ACADEMIC RECORD IS AN IMPORTANT FACTOR IN DETERMINING ELIGIBILITY FOR BOSTON UNIVERSITY SCHOLARSHIPS AND NEED-BASED GRANTS. KEY INDICATORS SUCH AS HIGH SCHOOL GRADE POINT AVERAGE (GPA), RANK IN CLASS, AND STANDARDIZED TEST SCORES ARE CONSIDERED, AS WELL AS THE STRENGTH OF THE STUDENT'S ACADEMIC PROGRAM AND EXTRACURRICULAR ACTIVITIES. ALL GRANTS AND OTHER STUDENT FINANCIAL AID IS DESIGNATED FOR EDUCATIONAL PURPOSES ONLY. THE UNIVERSITY RECEIVED $14,995,316 OF FUNDING UNDER THE CORONAVIRUS AID, RELIEF, AND ECONOMIC SECURITY ACT (CARES ACT), USED TO PROVIDE EMERGENCY FINANCIAL AID TO STUDENTS DURING THE YEAR ENDED JUNE 30, 2020.
Schedule I (Form 990) 2019



Additional Data


Software ID:  
Software Version:  


Schedule J
(Form 990)
Department of the Treasury
Internal Revenue Service
Compensation Information
For certain Officers, Directors, Trustees, Key Employees, and Highest
Compensated Employees
SchJMediumBullet Complete if the organization answered "Yes" 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
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
Questions Regarding Compensation
Yes
No
1a
Check the appropiate box(es) if the organization provided any of the following to or for a person listed on Form
990, Part VII, Section A, line 1a. Complete Part III to provide any relevant information regarding these items.
b
If any of the boxes 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 .........
1b
Yes
 
2
Did the organization require substantiation prior to reimbursing or allowing expenses incurred by all
directors, trustees, officers, including the CEO/Executive Director, regarding the items checked on Line 1a? ..
2
Yes
 
3
Indicate which, if any, of the following the filing organization used to establish the compensation of the
organization's CEO/Executive Director. Check all that apply. Do not check any boxes for methods
used by a related organization to establish compensation of the CEO/Executive Director, but explain in Part III.
4
During the year, did any person listed on Form 990, Part VII, Section A, line 1a, with respect to the filing organization or a related organization:
a
Receive a severance payment or change-of-control payment? .............
4a
Yes
 
b
Participate in, or receive payment from, a supplemental nonqualified retirement plan? .........
4b
Yes
 
c
Participate in, or receive payment from, an equity-based compensation arrangement? .........
4c
 
No
If "Yes" to any of lines 4a-c, list the persons and provide the applicable amounts for each item in Part III.
Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9.
5
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:
a
The organization? ....................
5a
 
No
b
Any related organization? .......................
5b
 
No
If "Yes," on line 5a or 5b, describe in Part III.
6
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:
a
The organization? ..................
6a
Yes
 
b
Any related organization? ......................
6b
Yes
 
If "Yes," on line 6a or 6b, describe in Part III.
7
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 ............
7
Yes
 
8
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 ..........................
8
 
No
9
If "Yes" on line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53.4958-6(c)? .........................
9
 
 
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50053T
Schedule J (Form 990) 2019

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
(i) Base
compensation 		(ii) Bonus & incentive
compensation 		(iii) Other reportable compensation
1ROBERT A BROWN
PRESIDENT 		(i)

(ii)		 1,170,115
-------------
  		 
-------------
  		432,864
-------------
  		232,388
-------------
0 		271,394
-------------
0 		2,106,761
-------------
0 		167,708
-------------
0
2CATALDO W LEONE
TRUSTEE & PROF (UNTIL 5/30/20) 		(i)

(ii)		 229,419
-------------
  		 
-------------
  		61,233
-------------
  		32,388
-------------
0 		28,317
-------------
0 		351,357
-------------
0 		0
-------------
0
3EILEEN O'KEEFE
TRUSTEE & PROF (AS OF 6/1/20) 		(i)

(ii)		 116,001
-------------
0 		 
-------------
0 		14,003
-------------
0 		16,307
-------------
0 		19,629
-------------
0 		165,940
-------------
0 		0
-------------
0
4MARTIN J HOWARD
SR VP, CFO, & TREASURER 		(i)

(ii)		 574,654
-------------
  		 
-------------
  		7,485
-------------
  		32,388
-------------
0 		2,844
-------------
0 		617,371
-------------
0 		0
-------------
0
5TODD L C KLIPP
FMR SR VP, SR COUNS, SEC 		(i)

(ii)		 128,913
-------------
  		 
-------------
  		631,332
-------------
  		0
-------------
0 		19,663
-------------
0 		779,908
-------------
0 		0
-------------
0
6ERIKA GEETTER
SR VP, GEN COUNSEL, BOARD SEC 		(i)

(ii)		 608,053
-------------
  		 
-------------
  		2,900
-------------
  		32,388
-------------
0 		4,684
-------------
0 		648,025
-------------
0 		0
-------------
0
7JEAN MORRISON
UNIVERSITY PROVOST 		(i)

(ii)		 807,256
-------------
  		 
-------------
  		6,059
-------------
  		143,512
-------------
0 		170,749
-------------
0 		1,127,576
-------------
0 		0
-------------
0
8KAREN H ANTMAN
MEDICAL CAMPUS PROVOST 		(i)

(ii)		 928,475
-------------
  		 
-------------
  		9,098
-------------
  		32,388
-------------
0 		527
-------------
0 		970,488
-------------
0 		0
-------------
0
9GARY W NICKSA
SR VP FOR OPERATIONS 		(i)

(ii)		 586,481
-------------
0 		 
-------------
  		4,344
-------------
  		32,388
-------------
0 		26,162
-------------
0 		649,375
-------------
0 		0
-------------
0
10TONY TANNOURY
PROFESSOR & PHYSICIAN 		(i)

(ii)		  
-------------
1,700,656 		 
-------------
  		 
-------------
2,622 		0
-------------
32,388 		0
-------------
124,961 		0
-------------
1,860,627 		0
-------------
0
11PUSHKAR MEHRA
PROFESSOR & ORAL SURGEON 		(i)

(ii)		 474,214
-------------
  		865,447
-------------
  		139,305
-------------
  		29,588
-------------
0 		28,149
-------------
0 		1,536,703
-------------
0 		0
-------------
0
12WILLIAM CREEVY
PROFESSOR & PHYSICIAN 		(i)

(ii)		  
-------------
920,803 		 
-------------
135,100 		 
-------------
6,904 		0
-------------
32,388 		0
-------------
25,922 		0
-------------
1,121,117 		0
-------------
0
13CLARISSA HUNNEWELL
CHIEF INVESTMENT OFFICER 		(i)

(ii)		 691,850
-------------
  		491,188
-------------
  		3,315
-------------
  		32,388
-------------
0 		824
-------------
0 		1,219,565
-------------
0 		0
-------------
0
14ANDREW STEIN
PROFESSOR & PHYSICIAN 		(i)

(ii)		  
-------------
1,044,233 		 
-------------
  		 
-------------
4,647 		0
-------------
32,388 		0
-------------
25,869 		0
-------------
1,107,137 		0
-------------
0
Schedule J (Form 990) 2019

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
SCHEDULE J, PART I TONY TANNOURY, WILLIAM CREEVY, AND ANDREW STEIN ARE COMPENSATED UNDER A COMMON PAYMASTER AGREEMENT FOR THEIR CLINICAL WORK AT BOSTON MEDICAL CENTER. PUSHKAR MEHRA IS COMPENSATED THROUGH BOSTON UNIVERSITY'S HENRY M. GOLDMAN SCHOOL OF DENTAL MEDICINE (GDSM) DEPARTMENT OF ORAL & MAXILLOFACIAL SURGERY GROUP FOR HIS CLINICAL WORK AT A GDSM PATIENT TREATMENT CENTER, THE BETH ISRAEL DEACONESS MEDICAL CENTER, INC., AND BOSTON MEDICAL CENTER.
SCHEDULE J, PART I, LINE 1A (1) HOUSING ALLOWANCE: AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY, PRESIDENT ROBERT BROWN AND PROVOST JEAN MORRISON WERE BOTH REQUIRED TO LIVE IN UNIVERSITY RESIDENCES. AMOUNTS REPORTED IN COLUMN D INCLUDE, IN ADDITION TO OTHER NON-TAXABLE BENEFITS, THE ESTIMATED FAIR MARKET RENTAL VALUE OF THE UNIVERSITY-PROVIDED RESIDENCE, BASED UPON AN INDEPENDENT OPINION OF VALUE AND WITHOUT ANY ALLOCATION OR REDUCTION FOR UNIVERSITY USE OF THE PREMISES, FOR PRESIDENT BROWN ($251,879) AND PROVOST MORRISON ($144,298). (2) FIRST-CLASS TRAVEL: IN ACCORDANCE WITH THE UNIVERSITY'S TRAVEL AND BUSINESS EXPENSE GUIDELINES, ALL EMPLOYEES ARE REIMBURSED FOR ECONOMY AIRFARE. EXCEPTIONS FOR TRAVEL INVOLVING AN EXTENDED PERIOD OF TIME ARE PERMITTED IN ACCORDANCE WITH THE TERMS OF THE UNIVERSITY'S TRAVEL AND BUSINESS EXPENSE GUIDELINES. THE PRESIDENT'S EMPLOYMENT AGREEMENT ALLOWS FOR FIRST-CLASS TRAVEL. TRAVEL FOR BUSINESS PURPOSES, INCLUDING FIRST-CLASS TRAVEL, IS NOT INCLUDED IN TAXABLE WAGES. PRESIDENT BROWN IS THE ONLY INDIVIDUAL REPORTED ON FORM 990, PART VII WHO TRAVELED FIRST-CLASS DURING CALENDAR YEAR 2019. SCHEDULE J, PART I, LINE 4A IN CALENDAR YEAR 2019, TODD KLIPP RECEIVED A PAYMENT UNDER THE EXECUTIVE SEVERANCE PAY PLAN IN THE AMOUNT OF $575,000 FOR HIS FORMER CAPACITY AS SENIOR VICE PRESIDENT, SENIOR COUNSEL, AND BOARD SECRETARY. THIS PAYMENT IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III).
SCHEDULE J, PART I, LINE 4B (1) UNDER A SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN, ON JULY 31, 2019, PRESIDENT BROWN RECEIVED AN AMOUNT EQUAL TO 35% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. THIS AMOUNT WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. UPON VESTING, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $403,958 WAS DISTRIBUTED TO PRESIDENT BROWN IN CALENDAR YEAR 2019 AND IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, PART II, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION. THE PORTION OF THE AMOUNT DISTRIBUTED WHICH WAS PREVIOUSLY REPORTED AS RETIREMENT AND OTHER DEFERRED COMPENSATION ON SCHEDULE J, PART II, COLUMN C OF PRIOR FORMS 990 IS $167,708. THIS AMOUNT IS THEREFORE REPORTED ON THIS YEAR'S SCHEDULE J, PART II, COLUMN F. UNDER THE SAME SUPPLEMENTAL RETIREMENT PLAN, ON July 31, 2020, PRESIDENT BROWN WAS TO BECOME ENTITLED TO RECEIVE AN AMOUNT EQUAL TO 40% OF HIS BASE SALARY FOR THE PRECEDING 12-MONTH PERIOD. PRESIDENT BROWN'S RIGHT TO SUCH PAYMENT WAS SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS AS WELL AS A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, SUPPLEMENTAL RETIREMENT PLAN COMPENSATION OF $200,000 WAS ACCRUED FOR PRESIDENT BROWN IN CALENDAR YEAR 2019 AND IS REPORTED ON SCHEDULE J, PART II, COLUMN C AS RETIREMENT AND OTHER DEFERRED COMPENSATION. (2) UNDER A SUPPLEMENTAL NONQUALIFIED DEFERRED COMPENSATION PLAN, ON JUNE 30, 2020, PROVOST MORRISON RECEIVED A CREDIT OF $113,835 THAT ACCRUED DURING THE PRECEDING 12-MONTH PERIOD. SUBJECT TO THE PERFORMANCE OF FUTURE SERVICES AND OTHER CONDITIONS, PROVOST MORRISON'S RIGHTS IN THE PLAN WILL BECOME VESTED ON JULY 1, 2020 AND ARE SUBJECT TO A SUBSTANTIAL RISK OF FORFEITURE UNTIL THAT DATE. ACCORDINGLY, DEFERRED COMPENSATION OF $111,124 WAS ACCRUED FOR PROVOST MORRISON IN CALENDAR YEAR 2019 AND IS INCLUDED IN THE AMOUNT REPORTED ON SCHEDULE J, COLUMN C AS RETIREMENT AND OTHER DEFERRED COMPENSATION. (3) AMOUNTS REPORTED IN SCHEDULE J, PART II, COLUMN B(III) AS OTHER REPORTABLE COMPENSATION ALSO INCLUDE CONTRIBUTIONS MADE BY THE UNIVERSITY IN CALENDAR YEAR 2019 TO AN IRC SECTION 457(B) SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN TO PROVIDE FUTURE RETIREMENT BENEFITS TO PRESIDENT BROWN.
SCHEDULE J, PART I, LINE 6A A PORTION OF PUSHKAR MEHRA'S COMPENSATION (AS REPORTED IN SCHEDULE J, PART II, COLUMN B(II)) IS BASED ON A PERCENTAGE OF BOSTON UNIVERSITY'S HENRY M. GOLDMAN SCHOOL OF DENTAL MEDICINE ORAL MAXILLOFACIAL SURGERY GROUP REVENUES LESS OPERATING EXPENSES. SCHEDULE J, PART I, LINE 6B DR. WILLIAM CREEVY RECEIVES AN ANNUAL BONUS PAYMENT BASED ON PRE-DETERMINED ANNUAL PERFORMANCE METRICS, WITH OPERATING INCOME AS ONE OF THE COMPONENTS.
SCHEDULE J, PART I, LINE 7 AS THE UNIVERSITY'S CHIEF INVESTMENT OFFICER, CLARISSA HUNNEWELL IS ELIGIBLE FOR INCENTIVE COMPENSATION, IN THE DISCRETION OF THE BOARD OF TRUSTEES, BASED IN PART UPON HER SUCCESS IN ACHIEVING CERTAIN PERFORMANCE BENCHMARKS. THIS IS A COMMON COMPONENT OF THE COMPENSATION PACKAGE FOR SUCH POSITIONS.
SCHEDULE J, PART II THIS SCHEDULE INCLUDES EACH OF THE UNIVERSITY'S CURRENT AND FORMER OFFICERS, TRUSTEES, KEY EMPLOYEES, AND FIVE MOST HIGHLY COMPENSATED EMPLOYEES FOR WHOM THE SUM OF CALENDAR YEAR 2019 REPORTABLE COMPENSATION AND OTHER COMPENSATION FROM THE ORGANIZATION AND RELATED ENTITIES WAS GREATER THAN $150,000.
Schedule J (Form 990) 2019

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Schedule K
(Form 990)
Department of the Treasury
Internal Revenue Service
Supplemental Information on Tax-Exempt Bonds
SchKMediumBullet Complete if the organization answered "Yes" to Form 990, Part Ⅵ, line 24a. Provide descriptions,
explanations, and any additional information in Part Ⅵ.
SchKMediumBullet Attach to Form 990.
SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
Trustees of Boston University
 
Employer identification number
04-2103547
Part Ⅰ
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A MASS DEV FIN AGENCY - SERIES AA-1 AND AA-2
  		04-3431814 000000000 09-30-2015 162,740,000 REFUNDING 2005 BOND ISSUE   X   X   X
B MASS DEV FIN AGENCY- SERIES U1 U2 U3 U4 U5 U6
  		04-3431814 57583RWD3 05-15-2008 536,365,000 PARTIAL REF/CAP PROJ/PROP ACQ X     X   X
C MASS DEV FIN AGENCY-SER BB-1 BB-2 BB-3(2016)
  		04-3431814 57584XWV9 11-08-2016 231,838,996 CAP PROJ/ADV REF 2008 & 2009 BONDS   X   X   X
D MASS DEV FIN AGENCY - SERIES X (2013)
  		04-3431814 57583UVL9 04-30-2013 120,736,790 CAPITAL PROJECTS   X   X   X
(2) MASS DEV FIN AGENCY-SER Y (2014)
  		04-3431814 57583UL89 09-30-2014 35,000,000 REFUNDING 2004 & 2009 BOND ISSUES   X   X   X
(2) MASS DEV FIN AGENCY - SER DD-1 AND DD-2 (2019)
  		04-3431814 57584VSM2 07-30-2019 98,375,886 REFUNDING SERIES H, Z-1, AND Z-2   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 0 99,775,000 0 0
2 Amount of bonds legally defeased .............. 0 50,000,000 0 0
3 Total proceeds of issue .................. 162,740,000 539,836,174 233,015,546 120,780,965
4 Gross proceeds in reserve funds ............. 0 0 0 0
5 Capitalized interest from proceeds ............. 0 0 0 0
6 Proceeds in refunding escrows ............... 0 0 0 0
7 Issuance costs from proceeds ............... 0 848,766 816,939 736,790
8 Credit enhancement from proceeds ............. 0 727,358 0 0
9 Working capital expenditures from proceeds ............. 0 0 0 0
10 Capital expenditures from proceeds ............. 0 202,760,050 125,993,883 120,000,000
11 Other spent proceeds ............. 162,740,000 335,500,000 105,744,237 0
12 Other unspent proceeds ............. 0 0 460,487 0
13 Year of substantial completion ............. 2012 2015
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)? ........ 		X   X     X   X
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)? ........ 		  X   X X     X
16 Has the final allocation of proceeds been made? .......... X   X     X X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
Part Ⅲ
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X   X     X X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2019

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   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0.684 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet        
6 Total of lines 4 and 5 ............. 0.684 %      
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X   X  
Part Ⅳ
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X X     X
b Exception to rebate? ........   X   X   X   X
c No rebate due? ......... X   X     X X  
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X   X     X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X X     X   X
b Name of provider .......... 0
  		SEE PART VI
  		0
  		0
 
c Term of hedge ......... 25 %      
d Was the hedge superintegrated? ......   X   X   X   X
e Was the hedge terminated? ........   X   X   X   X
Schedule K (Form 990) 2019

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, PART I, LINE A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) SERIES AA-1 AND AA-2 BONDS IN THE AMOUNT OF $162,740,000 WERE ISSUED TO CURRENTLY REFUND MDFA SERIES T1 BOND OF THE SAME AMOUNT.
SCHEDULE K, PART I, LINE B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) - SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS IN THE AMOUNT $536,365,000 WERE ISSUED TO CURRENTLY REFUND MDFA SERIES R AND MASSACHUSETTS HEFA SERIES Q BONDS IN THE AMOUNT OF $336,365,000. THE BALANCE OF SERIES U PROCEEDS IN THE AMOUNT OF $200,000,000 WERE NEW MONEY BONDS.
SCHEDULE K, PART I, LINE C MDFA SERIES BB-1, BB-2, AND BB-3 BONDS IN THE AMOUNT OF $231,838,996 WERE ISSUED TO ADVANCE REFUND AND ULTIMATELY LEGALLY DEFEASED MDFA SERIES U-4, ORIGINALLY ISSUED IN 2008, IN THE AMOUNT OF $50,000,000 AND MDFA SERIES V-1, ORIGINALLY ISSUED IN 2009, IN THE AMOUNT OF $44,000,000. PROCEEDS OF MDFA SERIES BB-1 IN THE AMOUNT OF $125,603,699 WERE NEW MONEY BONDS.
SCHEDULE K, PART I, LINE A(2) MDFA SERIES Y, Z-1, AND Z-2 BONDS WERE ISSUED TO CURRENTLY REFUND MDFA SERIES S BOND IN THE AMOUNT OF $35,000,000 AND MDFA SERIES V-2 AND V-3 BONDS IN THE AMOUNT OF $73,370,000. IN JULY 2019, MDFA SERIES Z-1 AND Z-2 BONDS IN THE AMOUNT OF $73,370,000 WERE REFUNDED WITH PROCEEDS FROM ISSUANCE OF MDFA SERIES DD-1 AND DD-2 BONDS.
SCHEDULE K, PART I, LINE B(2) MDFA SERIES DD-1 AND DD-2 BONDS WERE ISSUED TO CURRENTLY REFUND MDFA SERIES Z-1 AND Z-2 BONDS IN THE AMOUNT OF $73,370,000 AND SERIES H BONDS IN THE AMOUNT OF $25,000,000.
SCHEDULE K, PART II, LINE 3, COLUMNS B-D COLUMN B: TOTAL PROCEEDS OF $539,836,174 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $536,365,000 AND INVESTMENT EARNINGS TOTALING $3,471,174. COLUMN C: TOTAL PROCEEDS OF $233,015,546 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $231,838,996 AND INVESTMENT EARNINGS TOTALING $1,176,550. COLUMN D: TOTAL PROCEEDS OF $120,780,965 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $120,736,790 AND INVESTMENT EARNINGS TOTALING $44,175.
SCHEDULE K, PART II, LINE 7, COLUMNS B-D COLUMN B: COST OF ISSUANCE IN THE AMOUNT OF $848,776 IS COMPRISED OF ISSUANCE COSTS TOTALING $364,667 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $484,109. COLUMN C: COST OF ISSUANCE IN THE AMOUNT OF $816,939 IS COMPRISED OF ISSUANCE COSTS TOTALING $607,924 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $209,015. COLUMN D: COST OF ISSUANCE IN THE AMOUNT OF $736,790 IS COMPRISED OF ISSUANCE COSTS TOTALING $434,529 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $302,261.
SCHEDULE K, PART III, LINES 4 & 5, COLUMNS A-D(INCLUDING SERIES Y) THE UNIVERSITY FINANCES CAPITAL PROJECTS WITH BOTH EQUITY AND DEBT AND MADE A TIMELY ELECTION TO ALLOCATE EQUITY PROCEEDS TO ANY PRIVATE BUSINESS USE FOR THE REFERENCED DEBT ISSUES. IF PRIVATE BUSINESS USE FOR THE REFERENCED DEBT ISSUES DOES NOT EXCEED THE EQUITY ALLOCATION, THE PRIVATE BUSINESS USE IS REPORTED AS 0.00%.
SCHEDULE K, PART IV, LINE 2B, COLUMN A(2) THE PROCEEDS OF MDFA SERIES Y, OF WHICH 100 PERCENT WERE SPENT TO FINANCE CONSTRUCTION EXPENDITURES, WERE SPENT WITHIN TWO YEARS OF THE BOND ISSUANCE DATE. THEREFORE, THIS BOND ISSUANCE QUALIFIED FOR AN EXCEPTION TO REBATE UNDER INTERNAL REVENUE CODE SECTION 148(F)(4)(C).
SCHEDULE K, PART IV, LINE 2C THE REBATE COMPUTATION FOR THE SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS WAS PERFORMED IN MAY 2018. THE REBATE CALCULATION FOR THE SERIES X BONDS WAS PERFORMED IN APRIL 2018.
SCHEDULE K, PART IV, LINES 4A & 4B, COLUMN B THE HEDGES THAT ARE ALL OR IN PART IDENTIFIED WITH MDFA - SERIES U-1, U-2, U-3, U-4, U-5 AND U-6 BONDS ARE AS FOLLOWS: WELLS FARGO: 30 YEARS, GOLDMAN SACHS: 20-33 YEARS, MERRILL LYNCH: 33-34 YEARS, AND DEUTSCHE BANK: 34 YEARS.
SCHEDULE K, PART IV, LINE 6, COLUMNS A-B UNSPENT PROCEEDS THAT WERE NOT DRAWN FOR CAPITAL EXPENDITURES DURING THE PRESCRIBED AVAILABLE TEMPORARY PERIOD WERE NOT INVESTED ABOVE THE BOND YIELD.
Schedule K (Form 990) 2019

Additional Data


Software ID:  
Software Version:  


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
SchKMediumBullet 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.
SchKMediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
Trustees of Boston University
 
Employer identification number
04-2103547
Part Ⅰ
Bond Issues
(a) Issuer name (b) Issuer EIN (c) CUSIP # (d) Date issued (e) Issue price (f) Description of purpose (g) Defeased (h) On
behalf of
issuer		 (i) Pool
financing
Yes No Yes No Yes No
A MASS DEV FIN AGENCY - SERIES AA-1 AND AA-2
  		04-3431814 000000000 09-30-2015 162,740,000 REFUNDING 2005 BOND ISSUE   X   X   X
B MASS DEV FIN AGENCY- SERIES U1 U2 U3 U4 U5 U6
  		04-3431814 57583RWD3 05-15-2008 536,365,000 PARTIAL REF/CAP PROJ/PROP ACQ X     X   X
C MASS DEV FIN AGENCY-SER BB-1 BB-2 BB-3(2016)
  		04-3431814 57584XWV9 11-08-2016 231,838,996 CAP PROJ/ADV REF 2008 & 2009 BONDS   X   X   X
D MASS DEV FIN AGENCY - SERIES X (2013)
  		04-3431814 57583UVL9 04-30-2013 120,736,790 CAPITAL PROJECTS   X   X   X
(2) MASS DEV FIN AGENCY-SER Y (2014)
  		04-3431814 57583UL89 09-30-2014 35,000,000 REFUNDING 2004 & 2009 BOND ISSUES   X   X   X
(2) MASS DEV FIN AGENCY - SER DD-1 AND DD-2 (2019)
  		04-3431814 57584VSM2 07-30-2019 98,375,886 REFUNDING SERIES H, Z-1, AND Z-2   X   X   X
Part Ⅱ
Proceeds
A B C D
1 Amount of bonds retired .................. 0 99,775,000 0 0
2 Amount of bonds legally defeased .............. 0 50,000,000 0 0
3 Total proceeds of issue .................. 162,740,000 539,836,174 233,015,546 120,780,965
4 Gross proceeds in reserve funds ............. 0 0 0 0
5 Capitalized interest from proceeds ............. 0 0 0 0
6 Proceeds in refunding escrows ............... 0 0 0 0
7 Issuance costs from proceeds ............... 0 848,766 816,939 736,790
8 Credit enhancement from proceeds ............. 0 727,358 0 0
9 Working capital expenditures from proceeds ............. 0 0 0 0
10 Capital expenditures from proceeds ............. 0 202,760,050 125,993,883 120,000,000
11 Other spent proceeds ............. 162,740,000 335,500,000 105,744,237 0
12 Other unspent proceeds ............. 0 0 460,487 0
13 Year of substantial completion ............. 2012 2015
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)? ........ 		X   X     X   X
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)? ........ 		  X   X X     X
16 Has the final allocation of proceeds been made? .......... X   X     X X  
17 Does the organization maintain adequate books and records to support the final allocation of proceeds? .................. X   X   X   X  
Part Ⅲ
Private Business Use
A B C D
Yes No Yes No Yes No Yes No
1 Was the organization a partner in a partnership, or a member of an LLC, which owned property financed by tax-exempt bonds? .............   X   X   X   X
2 Are there any lease arrangements that may result in private business use of bond-financed property? ............... X   X     X X  
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50193E
Schedule K (Form 990) 2019

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   X  
b If "Yes" to line 3a, does the organization routinely engage bond counsel or other outside counsel to review any management or service contracts relating to the financed property? X   X   X   X  
c Are there any research agreements that may result in private business use of bond-financed property? ............. X   X   X   X  
d If "Yes" to line 3c, does the organization routinely engage bond counsel or other outside counsel to review any research agreements relating to the financed property? X   X   X   X  
4 Enter the percentage of financed property used in a private business use by entities other than a section 501(c)(3) organization or a state or local government ....SchKMediumBullet 0.684 % 0 % 0 % 0 %
5 Enter the percentage of financed property used in a private business use as a result of unrelated trade or business activity carried on by your organization, another section 501(c)(3) organization, or a state or local government ......... SchKMediumBullet        
6 Total of lines 4 and 5 ............. 0.684 %      
7 Does the bond issue meet the private security or payment test? ...   X   X   X   X
8a Has there been a sale or disposition of any of the bond-financed property to a nongovernmental person other than a 501(c)(3) organization since the bonds were issued?.............   X   X   X   X
b If "Yes" to line 8a, enter the percentage of bond-financed property sold or disposed of. ..        
c If "Yes" to line 8a, was any remedial action taken pursuant to Regulations sections 1.141-12 and 1.145-2? .............   X   X   X   X
9 Has the organization established written procedures to ensure that all nonqualified bonds of the issue are remediated in accordance with the requirements under
Regulations sections 1.141-12 and 1.145-2? ........ 		X   X   X   X  
Part Ⅳ
Arbitrage
A B C D
Yes No Yes No Yes No Yes No
1 Has the issuer filed Form 8038-T, Arbitrage Rebate, Yield Reduction and Penalty in Lieu of Arbitrage Rebate? ...   X   X   X   X
2 If "No" to line 1, did the following apply? ....
a Rebate not due yet? .......   X   X X     X
b Exception to rebate? ........   X   X   X   X
c No rebate due? ......... X   X     X X  
If "Yes" to line 2c, provide in Part Ⅵ the date the rebate
computation was performed ......
3 Is the bond issue a variable rate issue? ..... X   X     X   X
4a Has the organization or the governmental issuer entered into a qualified hedge with respect to the bond issue?   X X     X   X
b Name of provider .......... 0
  		SEE PART VI
  		0
  		0
 
c Term of hedge ......... 25 %      
d Was the hedge superintegrated? ......   X   X   X   X
e Was the hedge terminated? ........   X   X   X   X
Schedule K (Form 990) 2019

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, PART I, LINE A MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) SERIES AA-1 AND AA-2 BONDS IN THE AMOUNT OF $162,740,000 WERE ISSUED TO CURRENTLY REFUND MDFA SERIES T1 BOND OF THE SAME AMOUNT.
SCHEDULE K, PART I, LINE B MASSACHUSETTS DEVELOPMENT FINANCE AGENCY (MDFA) - SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS IN THE AMOUNT $536,365,000 WERE ISSUED TO CURRENTLY REFUND MDFA SERIES R AND MASSACHUSETTS HEFA SERIES Q BONDS IN THE AMOUNT OF $336,365,000. THE BALANCE OF SERIES U PROCEEDS IN THE AMOUNT OF $200,000,000 WERE NEW MONEY BONDS.
SCHEDULE K, PART I, LINE C MDFA SERIES BB-1, BB-2, AND BB-3 BONDS IN THE AMOUNT OF $231,838,996 WERE ISSUED TO ADVANCE REFUND AND ULTIMATELY LEGALLY DEFEASED MDFA SERIES U-4, ORIGINALLY ISSUED IN 2008, IN THE AMOUNT OF $50,000,000 AND MDFA SERIES V-1, ORIGINALLY ISSUED IN 2009, IN THE AMOUNT OF $44,000,000. PROCEEDS OF MDFA SERIES BB-1 IN THE AMOUNT OF $125,603,699 WERE NEW MONEY BONDS.
SCHEDULE K, PART I, LINE A(2) MDFA SERIES Y, Z-1, AND Z-2 BONDS WERE ISSUED TO CURRENTLY REFUND MDFA SERIES S BOND IN THE AMOUNT OF $35,000,000 AND MDFA SERIES V-2 AND V-3 BONDS IN THE AMOUNT OF $73,370,000. IN JULY 2019, MDFA SERIES Z-1 AND Z-2 BONDS IN THE AMOUNT OF $73,370,000 WERE REFUNDED WITH PROCEEDS FROM ISSUANCE OF MDFA SERIES DD-1 AND DD-2 BONDS.
SCHEDULE K, PART I, LINE B(2) MDFA SERIES DD-1 AND DD-2 BONDS WERE ISSUED TO CURRENTLY REFUND MDFA SERIES Z-1 AND Z-2 BONDS IN THE AMOUNT OF $73,370,000 AND SERIES H BONDS IN THE AMOUNT OF $25,000,000.
SCHEDULE K, PART II, LINE 3, COLUMNS B-D COLUMN B: TOTAL PROCEEDS OF $539,836,174 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $536,365,000 AND INVESTMENT EARNINGS TOTALING $3,471,174. COLUMN C: TOTAL PROCEEDS OF $233,015,546 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $231,838,996 AND INVESTMENT EARNINGS TOTALING $1,176,550. COLUMN D: TOTAL PROCEEDS OF $120,780,965 IS COMPRISED OF THE ISSUE PRICE IN THE AMOUNT OF $120,736,790 AND INVESTMENT EARNINGS TOTALING $44,175.
SCHEDULE K, PART II, LINE 7, COLUMNS B-D COLUMN B: COST OF ISSUANCE IN THE AMOUNT OF $848,776 IS COMPRISED OF ISSUANCE COSTS TOTALING $364,667 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $484,109. COLUMN C: COST OF ISSUANCE IN THE AMOUNT OF $816,939 IS COMPRISED OF ISSUANCE COSTS TOTALING $607,924 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $209,015. COLUMN D: COST OF ISSUANCE IN THE AMOUNT OF $736,790 IS COMPRISED OF ISSUANCE COSTS TOTALING $434,529 AND UNDERWRITERS DISCOUNT IN THE AMOUNT OF $302,261.
SCHEDULE K, PART III, LINES 4 & 5, COLUMNS A-D(INCLUDING SERIES Y) THE UNIVERSITY FINANCES CAPITAL PROJECTS WITH BOTH EQUITY AND DEBT AND MADE A TIMELY ELECTION TO ALLOCATE EQUITY PROCEEDS TO ANY PRIVATE BUSINESS USE FOR THE REFERENCED DEBT ISSUES. IF PRIVATE BUSINESS USE FOR THE REFERENCED DEBT ISSUES DOES NOT EXCEED THE EQUITY ALLOCATION, THE PRIVATE BUSINESS USE IS REPORTED AS 0.00%.
SCHEDULE K, PART IV, LINE 2B, COLUMN A(2) THE PROCEEDS OF MDFA SERIES Y, OF WHICH 100 PERCENT WERE SPENT TO FINANCE CONSTRUCTION EXPENDITURES, WERE SPENT WITHIN TWO YEARS OF THE BOND ISSUANCE DATE. THEREFORE, THIS BOND ISSUANCE QUALIFIED FOR AN EXCEPTION TO REBATE UNDER INTERNAL REVENUE CODE SECTION 148(F)(4)(C).
SCHEDULE K, PART IV, LINE 2C THE REBATE COMPUTATION FOR THE SERIES U-1, U-2, U-3, U-4, U-5, AND U-6 BONDS WAS PERFORMED IN MAY 2018. THE REBATE CALCULATION FOR THE SERIES X BONDS WAS PERFORMED IN APRIL 2018.
SCHEDULE K, PART IV, LINES 4A & 4B, COLUMN B THE HEDGES THAT ARE ALL OR IN PART IDENTIFIED WITH MDFA - SERIES U-1, U-2, U-3, U-4, U-5 AND U-6 BONDS ARE AS FOLLOWS: WELLS FARGO: 30 YEARS, GOLDMAN SACHS: 20-33 YEARS, MERRILL LYNCH: 33-34 YEARS, AND DEUTSCHE BANK: 34 YEARS.
SCHEDULE K, PART IV, LINE 6, COLUMNS A-B UNSPENT PROCEEDS THAT WERE NOT DRAWN FOR CAPITAL EXPENDITURES DURING THE PRESCRIBED AVAILABLE TEMPORARY PERIOD WERE NOT INVESTED ABOVE THE BOND YIELD.
Schedule K (Form 990) 2019

Additional Data


Software ID:  
Software Version:  

Schedule L
(Form 990 or 990-EZ)
Department of the Treasury
Internal Revenue Service
Transactions with Interested Persons
MediumBullet Complete if the organization answered "Yes" on Form 990, Part IV, lines 25a, 25b, 26, 27, 28a, 28b, or 28c, or Form 990-EZ, Part V, line 38a or 40b.
MediumBullet Attach to Form 990 or Form 990-EZ.
MediumBulletGo to www.irs.gov/Form990 for instructions and the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
Excess Benefit Transactions (section 501(c)(3), section 501(c)(4), and 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 (b) Relationship between disqualified person and organization (c) Description of transaction (d) Corrected?
Yes No
2
Enter the amount of tax incurred by the organization managers or disqualified persons during the year under section 4958. ........................... Bullet Image$
 
3
Enter the amount of tax, if any, on line 2, above, reimbursed by the organization ........ Bullet Image$
 

Part II
Loans to and/or From Interested Persons.
Complete if the organization answered "Yes" on Form 990-EZ, Part V, line 38a, or Form 990, Part IV, line 26; or if the organization reported an amount on Form 990, Part X, line 5, 6, or 22
(a) Name of interested person (b) Relationship with organization (c) Purpose of loan (d) Loan to or from the organization? (e) Original principal amount (f) Balance due (g) In default? (h) Approved by board or committee? (i) Written agreement?
To From Yes No Yes No Yes No
Total ...............Small Bullet $  
Part III
Grants or Assistance Benefiting Interested Persons.
Complete if the organization answered "Yes" on Form 990, Part IV, line 27.
(a) Name of interested person (b) Relationship between interested person and the organization (c) Amount of assistance (d) Type of assistance (e) Purpose of assistance
For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990-EZ.
Cat. No. 50056A
Schedule L (Form 990 or 990-EZ) 2019
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?
Yes No
(1) FELD ENTERTAINMENT INC SEE PART V 1,165,036 SEE PART V Yes  
(2) J LAWFORD ANDERSON SEE PART V 183,978 EMPLOYMENT COMPENSATION   No
(3) KEITH A BROWN SEE PART V 168,494 EMPLOYMENT COMPENSATION   No
Part V
Supplemental Information
Provide additional information for responses to questions on Schedule L (see instructions).
Return Reference Explanation
SCHEDULE L, PART IV, LINE 1 (B) TRUSTEE FELD IS THE CHAIRMAN AND CHIEF EXECUTIVE OFFICER OF FELD ENTERTAINMENT, INC. (D) THE TRANSACTION AMOUNT IN COLUMN (C) REPRESENTS PAYMENTS FOR LIVE SHOW PRODUCTIONS BY FELD ENTERTAINMENT, INC. AT AGGANIS ARENA THAT ARE OPEN TO THE PUBLIC AND FOR WHICH ADMISSION IS CHARGED. AS PART OF THE NEGOTIATION PROCESS WITH THE COMPANY, THE UNIVERSITY COMPARED THESE ARRANGEMENTS TO OTHER VENUES WHICH HOST THE COMPANY'S PRODUCTIONS AND CONCLUDED THAT THE NEGOTIATED TERMS FOR THE UNIVERSITY WERE EQUAL TO, IF NOT MORE FAVORABLE THAN, THE TERMS RECEIVED BY OTHER VENUES. ALL DISCUSSIONS AND INTERACTIONS RELATING TO THESE TRANSACTIONS HAVE BEEN WITH BUSINESS PERSONNEL AT THE COMPANY OTHER THAN TRUSTEE FELD AND THERE IS NO EVIDENCE THAT TRUSTEE FELD HAS WEIGHED IN ON OR IN ANY WAY SOUGHT TO AFFECT UNIVERSITY DECISION-MAKING REGARDING THESE TRANSACTIONS. SCHEDULE L, PART IV, LINE 2 (B) FAMILY MEMBER OF UNIVERSITY PROVOST JEAN MORRISON. SCHEDULE L, PART IV, LINE 3 (B) FAMILY MEMBER OF PRESIDENT ROBERT BROWN.
Schedule L (Form 990 or 990-EZ) 2019


Additional Data


Software ID:  
Software Version:  




SCHEDULE M
(Form 990)

Department of the Treasury
Internal Revenue Service
Noncash Contributions
Right pointing arrow large imageComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30.
Right pointing arrow large image Attach to Form 990.
Right pointing arrow large imageGo to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public Inspection
Name of the organization
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
Types of Property
(a)
Check if applicable 		(b)
Number of contributions or items contributed 		(c)
Noncash contribution amounts reported on
Form 990, Part VIII, line 1g 		(d)
Method of determining
noncash contribution amounts
1 Art—Works of art .... X 1 2,500 IND. APPRAISAL
2 Art—Historical treasures .        
3 Art—Fractional interests ..        
4 Books and publications ..      
5 Clothing and household
goods ....... 		X 5,450 IND. APPRAISAL
6 Cars and other vehicles .. X 1,377 969,532 NET PROCEEDS
7 Boats and planes ....        
8 Intellectual property ...        
9 Securities—Publicly traded . X 275 7,184,681 MEAN PRICE ON DATE
10 Securities—Closely held stock .        
11 Securities—Partnership, LLC,
or trust interests .... 		       
12 Securities—Miscellaneous ..        
13 Qualified conservation
contribution—Historic
structures ..... 		       
14 Qualified conservation
contribution—Other ... 		       
15 Real estate—Residential .        
16 Real estate—Commercial ..        
17 Real estate—Other ...        
18 Collectibles .....        
19 Food inventory ...        
20 Drugs and medical supplies .        
21 Taxidermy ......        
22 Historical artifacts .... X 1 1,050 IND. APPRAISAL
23 Scientific specimens ..        
24 Archeological artifacts ...        
25 Other Right pointing arrow large image ( EQUIPMT-MED,RSCH,EDU ) X 12 4,133,547 IND. APPRAISAL
26 Other Right pointing arrow large image ( DONATED AUCTION ITEMS ) X 44 107,981 IND. APPRAISAL
27 Other Right pointing arrow large image ( SOFTWARE ) X 2 0 IND. APPRAISAL
28 Other Right pointing arrow large image ( )
29
Number of Forms 8283 received by the organization during the tax year for contributions
for which the organization completed Form 8283, Part IV, Donee Acknowledgement
29
3
Yes
No
30a
During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which isn't required to be used for exempt purposes for the entire holding period? ...................
30a
 
No
b
If "Yes," describe the arrangement in Part II.
31
Does the organization have a gift acceptance policy that requires the review of any nonstandard contributions?
31
Yes
 
32a
Does the organization hire or use third parties or related organizations to solicit, process, or sell noncash
contributions? ..........................
32a
Yes
 
b
If "Yes," describe in Part II.
33
If the organization 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)
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 THE AMOUNTS LISTED IN COLUMN (B) OF SCHEDULE M PART I REPRESENT CONTRIBUTION TOTALS, NOT CONTRIBUTOR TOTALS.
SCHEDULE M, PART I, LINE 32B THE UNIVERSITY USES A TRADING BROKERAGE ACCOUNT AT NORTHERN TRUST TO RECEIVE AND SELL GIFTS OF MARKETABLE SECURITIES. THE BANK CHARGES THE UNIVERSITY A COMMISSION WHEN EACH SECURITY IS SOLD. THE UNIVERSITY THROUGH ITS RADIO STATION WBUR USES CHARITABLE ADULT RIDES & SERVICES, INC. (CARS) TO ACCEPT AND SELL DONATED VEHICLES ON BEHALF OF WBUR. PROCEEDS ARE SHARED BETWEEN WBUR AND CARS BASED ON AN AGREED UPON AMOUNT PER VEHICLE WHEN IT IS SOLD.
Schedule M (Form 990) (2019)

Additional Data


Software ID:  
Software Version:  
SCHEDULE O
(Form 990 or 990-EZ)

Department of the Treasury
Internal Revenue Service
Supplemental Information to Form 990 or 990-EZ

Complete to provide information for responses to specific questions on
Form 990 or 990-EZ or to provide any additional information.
MediumBullet Attach to Form 990 or 990-EZ.
MediumBullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2019
Open to Public
Inspection
Name of the organization
Trustees of Boston University
 
Employer identification number

04-2103547
Return Reference Explanation
ORGANIZATION'S MISSION FORM 990, PART I, LINE 1 & PART III, LINE 1 BOSTON UNIVERSITY IS AN INTERNATIONAL, COMPREHENSIVE, PRIVATE RESEARCH UNIVERSITY, COMMITTED TO EDUCATING STUDENTS TO BE REFLECTIVE, RESOURCEFUL INDIVIDUALS READY TO LIVE, ADAPT, AND LEAD IN AN INTERCONNECTED WORLD. BOSTON UNIVERSITY IS COMMITTED TO GENERATING NEW KNOWLEDGE TO BENEFIT SOCIETY. FORM 990, PART III, LINE 4A INSTRUCTION - BOSTON UNIVERSITY TODAY IS ONE OF THE MOST DYNAMIC, FORWARD-LOOKING PRIVATE RESEARCH UNIVERSITIES IN THE WORLD, WITH STUDENTS AND FACULTY WHO ARE IMMERSED IN INNOVATIVE EDUCATIONAL PROGRAMS AT THE FRONTIERS OF SCHOLARSHIP AND RESEARCH AND IN PUBLIC SERVICE, ALL IN A 21ST-CENTURY ATMOSPHERE OF URBAN AND GLOBAL ENGAGEMENT. WITH 17 SCHOOLS AND COLLEGES ON ITS THREE CAMPUSES, BOSTON UNIVERSITY OFFERS ITS STUDENTS MORE THAN 300 PROGRAMS OF STUDY IN THE LIBERAL ARTS, SCIENCE AND ENGINEERING, HEALTH SCIENCE, THE ARTS, AND OTHER PROFESSIONAL DISCIPLINES. STUDENTS COME FROM ALL OVER THE GLOBE AND STUDY AROUND THE WORLD THROUGH 90+ STUDY-ABROAD PROGRAMS OFFERING OPPORTUNITIES IN 25 COUNTRIES ON 6 CONTINENTS. BOSTON UNIVERSITY FACULTY ARE COMMITTED TO EXCELLENCE IN TEACHING AND IN PATH-BREAKING RESEARCH AND SCHOLARSHIP. THROUGH THEIR RESEARCH, SCHOLARSHIP, AND CREATIVE ENDEAVORS, THEY ARE EXPANDING THE BOUNDARIES OF KNOWLEDGE ACROSS DISCIPLINES, FROM MOLECULAR MEDICINE, BIOLOGICAL EVOLUTION, AND HIGH-ENERGY PHYSICS TO MANAGEMENT, POETRY, AND THE PERFORMING ARTS. THE UNIVERSITY PLACES A STRONG EMPHASIS ON THE INTERDISCIPLINARY AND COLLABORATIVE EFFORTS OF BOTH FACULTY AND STUDENTS, WITH MAJOR INITIATIVES IN EMERGING AREAS SUCH AS NEUROSCIENCE, SYSTEMS BIOLOGY, PHOTONICS, ENGINEERING BIOLOGY, DATA SCIENCE, URBAN HEALTH, AND GLOBAL HEALTH AND DEVELOPMENT, AS WELL AS RESEARCH AND TREATMENTS FOR EMERGING INFECTIOUS DISEASES. FORM 990, PART III, LINE 4D OTHER PROGRAM SERVICES CONSIST OF LIBRARIES, ACADEMIC SERVICES, STUDENT SERVICES, EXTERNAL PROGRAMS, AND OTHER DEDUCTIONS.
Form 990, Part VI, Section A, Line 1A WITH CERTAIN EXCEPTIONS SPECIFIED IN THE UNIVERSITY'S BY-LAWS OR OTHERWISE REQUIRED BY LAW, THE EXECUTIVE COMMITTEE EXERCISES THE POWERS OF THE BOARD OF TRUSTEES BETWEEN FULL BOARD MEETINGS. THE COMMITTEE HOLDS MEETINGS DURING MOST MONTHS WHEN THE FULL BOARD DOES NOT MEET AND OTHERWISE AS NECESSARY. THE MEMBERSHIP OF THE EXECUTIVE COMMITTEE CONSISTS OF THE OFFICERS OF THE BOARD, THE CHAIRS OF THE OTHER STANDING COMMITTEES OF THE BOARD, THE PRESIDENT, AND UP TO THREE AT-LARGE MEMBERS ELECTED ANNUALLY BY THE BOARD. ALL MEMBERS OF THE EXECUTIVE COMMITTEE ARE MEMBERS OF THE BOARD OF TRUSTEES.
Form 990, Part VI, Section B, Line 11B UPON COMPLETION, A DRAFT OF THE FORM 990 IS REVIEWED BY THE UNIVERSITY'S COMPTROLLER, BY THE CHIEF FINANCIAL OFFICER (AS WELL AS OTHER FINANCE/ACCOUNTING STAFF), AND BY UNIVERSITY COUNSEL. THE UNIVERSITY'S PUBLIC ACCOUNTING FIRM, KPMG, IS INVOLVED THROUGHOUT THE PREPARATION AND REVIEW OF THE RETURN. THE FORM IS THEN SENT TO THE UNIVERSITY'S AUDIT COMMITTEE TO BE REVIEWED DURING ITS ANNUAL SPRING MEETING. AFTER AUDIT COMMITTEE REVIEW, THE FINAL RETURN IS PROVIDED TO THE BOARD OF TRUSTEES VIA A SECURE SITE BEFORE IT IS FILED WITH THE IRS.
Form 990, Part VI, Section B, Line 12C ALL TRUSTEES, OFFICERS, KEY EMPLOYEES, AND OTHER REPRESENTATIVES (INCLUDING VICE PRESIDENTS AND OTHER MANAGERIAL PERSONNEL) ARE REQUIRED TO DISCLOSE ON THE UNIVERSITY'S CONFLICT OF INTEREST DISCLOSURE FORM ANY BUSINESS OR FINANCIAL RELATIONSHIP THEY OR MEMBERS OF THEIR IMMEDIATE FAMILIES HAVE OR PROPOSE TO HAVE WITH THE UNIVERSITY, EITHER DIRECTLY OR THROUGH ANOTHER ENTITY IN WHICH THEY HAVE A SIGNIFICANT INTEREST. THE DISCLOSURE FORM IS REQUIRED TO BE FILED ANNUALLY; AN AMENDED FORM MUST BE FILED PROMPTLY IN THE EVENT OF A MATERIAL CHANGE IN CIRCUMSTANCES. A TRUSTEE OR OFFICER IS REQUIRED TO PROVIDE ADVANCE WRITTEN DISCLOSURE OF ANY PROPOSED BUSINESS OR FINANCIAL RELATIONSHIP COVERED BY THIS POLICY TO THE CHAIRMAN OF THE AUDIT COMMITTEE. AN EMPLOYEE OR OTHER REPRESENTATIVE MUST PROVIDE ADVANCE WRITTEN DISCLOSURE OF ANY SUCH RELATIONSHIP TO THE UNIVERSITY'S COMPLIANCE COMMITTEE. TRUSTEES, OFFICERS, KEY EMPLOYEES, AND OTHER REPRESENTATIVES WHO HAVE DISCLOSED A POTENTIAL CONFLICT OF INTEREST MUST REFRAIN FROM PARTICIPATING IN THE UNIVERSITY'S CONSIDERATION OF ANY PROPOSED BUSINESS OR FINANCIAL RELATIONSHIP IN WHICH THEY ARE INTERESTED, EXCEPT TO RESPOND TO QUESTIONS OR TO PROVIDE FURTHER INFORMATION. IF A TRANSACTION OR RELATIONSHIP REQUIRES A VOTE, THE INTERESTED PARTY SHOULD NOT BE PRESENT AT THE TIME OF THE VOTE. THE AUDIT COMMITTEE DETERMINES WHETHER A BUSINESS OR FINANCIAL RELATIONSHIP INVOLVING A TRUSTEE OR OFFICER SHOULD BE ENTERED INTO OR CONTINUED. IN THE CASE OF ANY SUCH RELATIONSHIP INVOLVING A TRUSTEE, SUCH A DETERMINATION IS TO BE SET FORTH IN A WRITTEN REPORT OF THE AUDIT COMMITTEE SIGNED BY THE CHAIRMAN AND A MAJORITY OF THE COMMITTEE. THE COMPLIANCE COMMITTEE DETERMINES WHETHER A BUSINESS OR FINANCIAL RELATIONSHIP INVOLVING AN EMPLOYEE OR OTHER REPRESENTATIVE SHOULD BE ENTERED INTO OR CONTINUED. THE COMPLIANCE COMMITTEE PROVIDES SUCH REPORTS AS MAY BE REQUESTED BY THE AUDIT COMMITTEE AND MAY REQUEST ADVICE OR DIRECTION FROM THE AUDIT COMMITTEE.
Form 990, Part VI, Section B, Lines 15A & 15B EACH YEAR, INCLUDING THE YEAR COVERED BY THIS RETURN, THE FOLLOWING PROCESS IS USED TO ESTABLISH THE COMPENSATION OF THE FOLLOWING INDIVIDUALS: THE PRESIDENT; UNIVERSITY PROVOST; MEDICAL CAMPUS PROVOST; CHIEF INVESTMENT OFFICER; SENIOR VICE PRESIDENT FOR OPERATIONS; SENIOR VICE PRESIDENT, CHIEF FINANCIAL OFFICER, AND TREASURER; AND SENIOR VICE PRESIDENT, GENERAL COUNSEL, AND SECRETARY OF THE BOARD OF TRUSTEES. THE EXECUTIVE COMPENSATION COMMITTEE OF THE BOARD OF TRUSTEES (WHICH CONSISTS ENTIRELY OF INDEPENDENT PERSONS HAVING NO CONFLICTS OF INTEREST AS DEFINED IN THE APPLICABLE REGULATIONS) ENGAGES THE SERVICES OF AN INDEPENDENT CONSULTING FIRM TO OBTAIN DATA AS TO COMPARABLE COMPENSATION FOR SIMILARLY QUALIFIED PERSONS IN FUNCTIONALLY COMPARABLE POSITIONS AT SIMILARLY SITUATED ORGANIZATIONS. THE COMMITTEE REVIEWS THIS DATA AND THE PERFORMANCE OF THE INDIVIDUALS HOLDING THE POSITIONS IN QUESTION, AND IT DEVELOPS A RECOMMENDATION REGARDING THE PRESIDENT'S COMPENSATION AND CONSIDERS THE PRESIDENT'S COMPENSATION RECOMMENDATIONS FOR EACH OF THE OTHER COVERED PERSONS. THE EXECUTIVE COMPENSATION COMMITTEE THEN PRESENTS THE DATA AND ITS COMPENSATION RECOMMENDATIONS TO THE FULL BOARD OF TRUSTEES FOR REVIEW AND APPROVAL. THE DELIBERATIONS AND ACTIONS OF BOTH THE EXECUTIVE COMPENSATION COMMITTEE AND THE BOARD OF TRUSTEES ARE DOCUMENTED CONTEMPORANEOUSLY.
Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC VIA ITS OWN WEBSITE.
Form 990, Part VII, Section A ROBERT A. BROWN, THE PRESIDENT OF BOSTON UNIVERSITY, DEVOTES ONE HOUR OR LESS PER WEEK TO THE MASSACHUSETTS GREEN HIGH PERFORMANCE COMPUTING CENTER, A RELATED ORGANIZATION. MARTIN J. HOWARD, AN OFFICER OF BOSTON UNIVERSITY, DEVOTES ONE HOUR OR LESS PER MONTH TO EACH OF 660 CORPORATION, AKEAH INC., AND BOSTON UNIVERSITY FOUNDATION - INDIA, ALL RELATED ORGANIZATIONS. GARY W. NICKSA, A KEY EMPLOYEE OF BOSTON UNIVERSITY, DEVOTES TWO HOURS OR LESS PER MONTH TO EACH OF PLEASANT VENTURES REALTY TRUST AND EAST CONCORD MEDICAL FOUNDATION, INC., BOTH RELATED ORGANIZATIONS. KAREN H. ANTMAN, MD, A KEY EMPLOYEE OF BOSTON UNIVERSITY, DEVOTES FOUR HOURS OR LESS PER WEEK TO FACULTY PRACTICE FOUNDATION, INC. AND EAST CONCORD MEDICAL FOUNDATION, INC., BOTH RELATED ORGANIZATIONS. TONY TANNOURY, WILLIAM CREEVY, MD AND ANDREW STEIN, ARE ON THE LIST OF FIVE HIGHEST COMPENSATED EMPLOYEES OF BOSTON UNIVERSITY, EACH DEVOTING 55 HOURS OR LESS PER WEEK TO FACULTY PRACTICE PLANS. CATALDO W. LEONE AND EILEEN O'KEEFE WERE COMPENSATED AS FACULTY MEMBERS, NOT AS TRUSTEES. A PORTION OF TODD L. C. KLIPP'S 2019 CALENDAR YEAR COMPENSATION RECEIVED WAS IN RELATION TO HIS ROLE AS SPECIAL ADVISOR TO THE PRESIDENT, IN WHICH HE DEVOTED AN AVERAGE OF SEVEN HOURS PER WEEK.
Form 990, Part XI, Line 9 OTHER CHANGES IN NET ASSETS OF FUND BALANCES LOSS ON INTEREST RATE EXCHANGE AGREEMENTS -$145,020,484 UNREALIZED GAIN ON NON-INVESTMENT ASSETS $334,346 NET ACTUARIAL LOSS -$1,428,196 OTHER ADJUSTMENTS -$1,141,048 ---------------------- TOTAL -$147,255,382
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:  
SCHEDULE R
(Form 990)
Department of the Treasury
Internal Revenue Service
Related Organizations and Unrelated Partnerships
MediumBulletComplete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37.
MediumBulletAttach to Form 990.
MediumBullet 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
Trustees of Boston University
 
Employer identification number

04-2103547
Part I
Identification of Disregarded Entities. Complete if the organization answered "Yes" on Form 990, Part IV, line 33.
(a)
Name, address, and EIN (if applicable) of disregarded entity


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Total income


 		(e)
End-of-year assets


 		(f)
Direct controlling
entity
(1) BU Funding LLC
108 Bay State Road
Boston,MA02215
87-0773653 		Investments MA 0 52,711,000 BU Trustees
 
(2) Pleasant Ventures Realty Trust
125 Bay State Road
Boston,MA02215
04-3006700 		Real Estate MA 3,126,541 15,544,074 BU Trustees
 
(3) Scarlet Castle Brr-I LLC
One Silber Way
Boston,MA02215
82-1985611 		Investments MA -339,468 3,863,705 BU Trustees
 






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


(b)
Primary activity


 		(c)
Legal domicile (state
or foreign country)

 		(d)
Exempt Code section


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

 		(f)
Direct controlling
entity

 		(g)
Section 512(b)(13) controlled entity?
Yes No
(1)Boston Emergency Physician Foundation
One Boston Medical Center Pl

Boston,MA02118
04-3286156 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(2)Boston Rehabilitation Med Assoc Inc
One Boston Medical Center Pl

Boston,MA02118
04-3286641 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(3)BU Cardiac & Thoracic Surgical Fdn Inc
One Boston Medical Center Pl

Boston,MA02118
04-2966416 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(4)Boston University Dermatology Inc
One Boston Medical Center Pl

Boston,MA02118
04-3335166 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(5)BU Dermatology Support Services I Inc
One Boston Medical Center Pl

Boston,MA02118
04-3452877 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(6)BU Dermatology Support Services II Inc
One Boston Medical Center Pl

Boston,MA02118
04-3452874 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(7)Boston University Eye Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3137333 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(8)Boston University Family Medicine Inc
One Boston Medical Center Pl

Boston,MA02118
04-3354353 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(9)BU General Surgical Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3265008 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(10)BU Mallory Pathology Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-2794543 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(11)BU Medical Center Anesthesiologists Inc
One Boston Medical Center Pl

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

Boston,MA02118
04-3286643 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(13)BU Neurology Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3428462 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(14)BU Neurosurgical Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3296068 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(15)BU Obstetrics & Gynecology Fdn Inc
One Boston Medical Center Pl

Boston,MA02118
04-3067465 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(16)BU Orthopaedic Surgical Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3354360 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(17)BU Plastic Surgery Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3555478 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(18)BU Psychiatry Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3355267 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(19)BU Medical Center Radiologists Inc
One Boston Medical Center Pl

Boston,MA02118
04-3283573 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(20)BU Surgical Associates Inc
One Boston Medical Center Pl

Boston,MA02118
04-3291148 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(21)Child Health Foundation of Boston Inc
One Boston Medical Center Pl

Boston,MA02118
04-2472758 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(22)Evans Medical Foundation Inc
One Boston Medical Center Pl

Boston,MA02118
51-0172171 		Medicine MA 501(C)(3) 12c III-FI na
 
 
No
(23)Faculty Practice Foundation Inc
One Boston Medical Center Pl

Boston,MA02118
04-3289381 		Medicine MA 501(C)(3) 12b II na
 
 
No
(24)Mercond Inc
881 Commonwealth Avenue

Boston,MA02215
04-3099628 		Holding Co. MA 501(C)(2) n/a BU TRUSTEES
 
Yes
 
(25)BU MEDICAL CENTER OTOLARYNGOLOGIC FDN
One Boston Medical Center Pl

BOSTON,MA02118
04-3156471 		HEALTHCARE MA 501(C)(3) 12c III-FI NA
 
 
No
(26)THE MASS GREEN HIGH PERF COMPUTING CTR
77 MASS AVE

CAMBRIDGE,MA02139
27-3014805 		RESEARCH CTR MA 501(C)(3) 12A-I NA
 
 
No
(27)MGHPCC HOLYOKE INC
77 MASS AVE

CAMBRIDGE,MA02139
45-2257442 		RESEARCH CTR MA 501(C)(3) 12A-I NA
 
 
No
(28)BOSTON UNIVERSITY (USA) LONDON CHARITY
5-10 ST PAULS CHURCHYARD
LONDON   EC4M 8AL
UK
EDU. SUPPORT UK   N/A BU TRUSTEES
 
Yes
 
(29)EAST CONCORD MEDICAL FOUNDATION INC
88 E NEWTON STREET

BOSTON,MA02118
04-6048207 		EDU. SUPPORT MA 501(C)(3) 12c III-FI NA
 
 
No
(30)BOSTON UNIVERSITY FOUNDATION - INDIA
S-505 LGF GREATER KAILASH-11
NEW DELHI   110048
IN
EDU. SUPPORT IN   N/A BU TRUSTEES
 
Yes
 
(31)TRANSPORTATION SOL FOR COMMUTERS INC
881 COMMONWEALTH AVENUE 4TH FLOOR

BOSTON,MA02215
04-3144411 		TRANS SVCS MA 501(C)(3) 7 NA
 
 
No
(32)BU RADIATION ONCOLOGY INC
One Boston Medical Center Pl

BOSTON,MA02118
81-0716773 		MEDICINE MA 501(C)(3) 12c III-FI NA
 
 
No
For Paperwork Reduction Act Notice, see the Instructions for Form 990.
Cat. No. 50135Y
Schedule R (Form 990) 2019
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
Yes No Yes No
(1) EUSA LLP

1A QUEENSBERRY PLACE
LONDON   SW7 2DL
UK
Education UK BU EUREUSA UK
  		Related 281,641 1,688,167   No     No 100.000 %
(2) LVPU LP

10000 Memorial Drive Suite 550
Houston,TX77024
47-1582760 		Investments TX BU Trustees
  		Unrelated -5,425,363 406,047   No 528,353   No 100.000 %
(3) BRIGHTSTAR CAPITAL PARTNERS INDRASERV LP

9859 BIG BEND BVLD SUITE 202
ST LOUIS,MO63122
84-2093170 		INVESTMENTS MO BU TRUSTEES
  		UNRELATED -237,894 43,479   No -241,487   No 61.590 %








Part IV
Identification of Related Organizations Taxable as a Corporation or Trust. Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related organizations treated as a corporation or trust during the tax year.
(a)
Name, address, and EIN of
related organization
 		(b)
Primary activity
 		(c)
Legal
domicile
(state or foreign
country)
 		(d)
Direct controlling
entity
 		(e)
Type of entity
(C corp, S corp,
or trust) 		(f)
Share of total income
 		(g)
Share of end-of-year
assets
 		(h)
Percentage
ownership
 		(i)
Section 512(b)(13) controlled entity?
Yes No
(1) 520 Commonwealth Avenue Real Estate Corp

881 Commonwealth Avenue
Boston,MA02215
04-2272027 		Holding company MA BU Trustees
  		C Corp   44,205 100.000 % Yes  
(2) Charitable Remainder Trusts - MA (14)

 
 
Support   BU Trustees
  		Trust          
(3) 660 Corporation

881 Commonwealth Avenue
Boston,MA02215
04-2787737 		Convenience Store MA 520 Corp
  		C Corp 3,533,781 6,234,544 100.000 % Yes  
(4) Akeah Inc

881 Commonwealth Avenue
Boston,MA02215
04-3003380 		EDU SUPPORT MA 520 Corp
  		C Corp 338,180 413,258 100.000 % Yes  
(5) Boston University (USA) Europe Limited

43 Harrington Gardens
London   SW7 4JU
UK
Edu Support UK BU (USA) London
  		CORP.   2,274,658 100.000 % Yes  
(6) EUSA (UK) Limited

43 Harrington Gardens
London   SW7 4JU
UK
Edu Support UK BU (USA) London
  		CORP.   6,895 100.000 % Yes  
(7) Scarlet Castle TIR-I LLC

881 Commonwealth Avenue
Boston,MA02215
84-3380977 		INVESTMENT MA BU Trustees
  		C Corp -2,794 10,125 100.000 % Yes  
Schedule R (Form 990) 2019
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
No
1 During the tax year, did the orgranization engage in any of the following transactions with one or more related organizations listed in Parts II-IV?
a Receipt of (i) interest, (ii) annuities, (iii) royalties, or (iv) rent from a controlled entity .....................
1a
Yes
 
b Gift, grant, or capital contribution to related organization(s) ............................
1b
 
No
c Gift, grant, or capital contribution from related organization(s) ............................
1c
Yes
 
d Loans or loan guarantees to or for related organization(s) ............................
1d
 
No
e Loans or loan guarantees by related organization(s) ............................
1e
 
No
f Dividends from related organization(s) ............................
1f
 
No
g Sale of assets to related organization(s) ............................
1g
 
No
h Purchase of assets from related organization(s) ............................
1h
 
No
i Exchange of assets with related organization(s) ............................
1i
 
No
j Lease of facilities, equipment, or other assets to related organization(s) .......................
1j
 
No
k Lease of facilities, equipment, or other assets from related organization(s) ......................
1k
 
No
l Performance of services or membership or fundraising solicitations for related organization(s) .....................
1l
Yes
 
m Performance of services or membership or fundraising solicitations by related organization(s) .................
1m
Yes
 
n Sharing of facilities, equipment, mailing lists, or other assets with related organization(s) ...................
1n
 
No
o Sharing of paid employees with related organization(s) ............................
1o
 
No
p Reimbursement paid to related organization(s) for expenses ............................
1p
 
No
q Reimbursement paid by related organization(s) for expenses ............................
1q
Yes
 
r Other transfer of cash or property to related organization(s) ............................
1r
Yes
 
s Other transfer of cash or property from related organization(s) ............................
1s
 
No
2
If the answer to any of the above is "Yes," see the instructions for information on who must complete this line, including covered relationships and transaction thresholds.
(a)
Name of related organization 		(b)
Transaction
type (a-s) 		(c)
Amount involved 		(d)
Method of determining amount involved
(1) Boston University USA (Europe) Limited

 a(i) 353,173 actual payments
(2) 660 Corporation

 a(iv) 474,006 actual payments
(3) EUSA LLP

 a(iv) 103,348 actual payments
(4) Boston University (USA) London Charity

 c 252,306 actual payments
(5) Charitable Remainder Trust (1)

 c 58,625 FMV
(6) 660 Corporation

 l 100,000 actual payments
(7) Akeah Inc

 R 182,000 actual payments
(8) EUSA LLP

 m 691,139 actual payments
(9) 660 Corporation

 q 65,821 actual payments
Schedule R (Form 990) 2019
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) 		(d)
Predominant income (related, unrelated, excluded from tax under sections 512-514)

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




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






























Schedule R (Form 990) 2019
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 (Form 990) 2019

Additional Data


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