Form 990-T



Department of the Treasury
Internal Revenue Service
Exempt Organization Business Income Tax Return
(and proxy tax under section 6033(e))
For calendar year 2023 or other tax year beginning 09-01-2023 and ending 08-31-2024
Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2023
Open to Public Inspection for 501(c)(3) Organizations Only
A Check box if address changed.
B Exempt under section
501( c3 )
408(e) 220(e)
408A530(a)
529(a)529A
Print or Type
Name of organization ( Check box if name changed and see instructions.)
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
Number, street, and room or suite no. If a P.O. box, see instructions.
485 BROADWAY MAIL CODE 8838
 
City or town, state or province, and ZIP or foreign postal code
REDWOOD CITY, CA94063
C Book value of all assets at end of year .....63,332,330,950
D   Employer identification number
94-1156365
E   Group exemption number
    (see instructions)
 
F Check box if an amended return.
G
Check organization type
501(c) corporation 501(c) trust 401(a) trust Other trust State college/university
6417(d)(1)(A) Applicable entity
H
Check if filing only to claim
Credit from Form 8941 Refund shown on Form 2439 Elective payment amount from Form 3800
I
Check if a 501(c)(3) organization filing a consolidated return with a 501(c)(2) titleholding corporation .........
J
Enter the number of attached Schedules A (Form 990-T) Click to see list of attachments
List of Attached Documents:
// Content
...............12
K
During the tax year, was the corporation a subsidiary in an affiliated group or a parent-subsidiary controlled group? ...
Yes No
 
If "Yes," enter the name and identifying number of the parent corporation
 
L
The books are in care of
SUPRIYA S PAI
485 BROADWAY MAIL CODE 8838
REDWOOD CITY,CA94063
Telephone number (650) 498-6259
Part I
Total Unrelated Business Taxable Income
1
Total of unrelated business taxable income computed from all unrelated trades or businesses (see instructions) ..............................

1

89,712,785
2
Reserved ..............................
2
 
3
Add lines 1 and 2 ............................
3
89,712,785
4
Charitable contributions (see instructions for limitation rules) ..............
4
 
5
Total unrelated business taxable income before net operating losses. Subtract line 4 from line 3 ....
5
89,712,785
6
Deduction for net operating loss. See instructions Click to see attachment
List of Attached Documents:
// Content
.................
6
89,712,785
7
Total of unrelated business taxable income before specific deduction and section 199A deduction.
Subtract line 6 from line 5 .........................

7

 
8
Specific deduction (generally $1,000, but see instructions for exceptions) ..........
8
0
9
Trusts. Section 199A deduction. See instructions .................
9
 
10
Total deductions. Add lines 8 and 9 ......................
10
0
11
Unrelated business taxable income. Subtract line 10 from line 7. If line 10 is greater than line 7, enter zero ................................

11

0
Part II
Tax Computation
1
Organizations taxable as corporations. Multiply Part I, line 11 by 21% (0.21) .......
1
0
2
Trusts taxable at trust rates. See instructions for tax computation. Income tax on the amount on
Part I, line 11 from: Tax rate schedule or Schedule D (Form 1041) ........

2

 
3
Proxy tax. See instructions .......................
3
 
4
Other tax amounts. See instructions ....................
4
 
5
Alternative minimum tax .........................
5
 
6
Tax on noncompliant facility income. See instructions ................
6
 
7
Total. Add lines 3 through 6 to line 1 or 2, whichever applies ...............
7
0
For Paperwork Reduction Act Notice, see instructions.Cat. No. 11291JForm 990-T (2023)
Form 990-T (2023)
Page 2
Part III
Tax and Payments
1a
Foreign tax credit (corporations attach Form 1118; trusts attach Form 1116)
1a
 
 
 
b
Other credits (see instructions) ..............
1b
 
 
 
c
General business credit. Attach Form 3800 (see instructions) .....
1c
0
 
 
d
Credit for prior year minimum tax (attach Form 8801 or 8827) ....
1d
 
 
 
e
Total credits. Add lines 1a through 1d .....................
1e
0
2
Subtract line 1e from Part II, line 7 .......................
2
0
3a
Amount due from Form 4255 ...............
3a
 
 
 
b
Amount due from Form 8611 ...............
3b
 
 
 
c
Amount due from Form 8697 ...............
3c
 
 
 
d
Amount due from Form 8866 ...............
3d
 
 
 
e
Other amounts due (see instructions) ............
3e
 
 
 
f
Total credits. Add lines 3a through 3e .....................
3f
0
4
Total tax. Add lines 2 and 3f (see instructions). Check if includes tax previously deferred under
section 1294. Enter the tax amount here  

4

0
5
Current net 965 tax liability paid from Form 965-A, Part II, column (k) ...........
5
 
6a
Payments: Preceding year's overpayment credited to the current year ..
6a
 
 
 
b
Current Year's estimated tax payments. Check if section 643(g) election applies
6b
 
 
 
c
Tax deposited with Form 8868 ..............
6c
 
 
 
d
Foreign organizations: Tax paid or withheld at source (see instructions) .
6d
 
 
 
e
Backup withholding (see instructions) ............
6e
Click to see list of attachments
List of Attached Documents:
// Content
12,499
 
 
f
Credit for small employer health insurance premiums (attach Form 8941) .
6f
 
 
 
g
Elective payment election amount from Form 3800 ........
6g
 
 
 
h
Payment from Form 2439 ................
6h
 
 
 
i
Credit from Form 4136 .................
6i
 
 
 
j
Other (see instructions) ................
6j
 
 
 
7
Total payments. Add lines 6a through 6j .....................
7
131,989
8
Estimated tax penalty (see instructions). Check if Form 2220 is attached ........
8
 
9
Tax due. If line 7 is smaller than the total of lines 4, 5, and 8, enter amount owed .......
9
 
10
Overpayment. If line 7 is larger than the total of lines 4, 5, and 8, enter amount overpaid ....
10
131,989
11
Enter the amount of line 10 you want: Credited to 2024 estimated tax131,989Refunded
11
 
Part IV
Statements Regarding Certain Activities and Other Information (see instructions)
1
At any time during the 2023 calendar year, did the organization have an interest in or a signature or other authority over a financial account (bank, securities, or other) in a foreign country? If "Yes," the organization may have to file FinCEN Form 114, Report of Foreign Bank and Financial Accounts. If "Yes," enter the name of the foreign country here CI CH FR GM GH HK IN IT JA JE KE KS SF SP UK
Yes
No
 
 
Yes
 
2
During the tax year, did the organization receive a distribution from, or was it the grantor of, or transferor to, a foreign trust?
Yes
 
 
If "Yes," see instructions for other forms the organization may have to file.
 
 
3
Enter the amount of tax-exempt interest received or accrued during the tax year ..... $  
 
 
4
Enter available pre-2018 NOL carryovers here. $ 116,745,105. Do not include any post-2017 NOL carryover shown on Schedule A (Form 990-T). Don't reduce the NOL carryover shown here by any deduction reported on Part I, line 4.
 
 
5
Post-2017 NOL carryovers. Enter the Business Activity Code and available post-2017 NOL carryovers. Don't reduce the amounts shown below by any NOL claimed on any Schedule A, Part II, line 17 for the tax year. See instructions.
 
 
Business activity code Available post-2017 NOL carryover    
720000 $12,933,098    
710000 $0    
540000 $552,491    
530000 $6,681,366    
901101 $168,903,964    
210000 $13,286,373    
620000 $1,763,806    
330000 $241,422    
510000 $18,117    
230000 $0    
610000 $85,665    
110000 $1,275,103    
6a
Reserved for future use .................................
b
Reserved for future use .................................
Part V
Supplemental Information
Provide any additional information. See instructions.
 
 
Sign Here
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 taxpayer) is based on all information of which preparer has any knowledge.
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Signature of officer

Date
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Title
May the IRS discuss this return with the preparer shown below (see instructions)? YesNo
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.
Form 990-T (2023)
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE A
(Form 990-T)


Department of the Treasury
Internal Revenue Service
Unrelated Business Taxable Income
From an Unrelated Trade or Business


Go to www.irs.gov/Form990T for instructions and the latest information.
Do not enter SSN numbers on this form as it may be made public if your organization is a 501(c)(3).
OMB No. 1545-0047
2022
Open to Public Inspection for 501(c)(3) Organizations Only
A Name of the organization
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
BEmployer identification number
94-1156365

C Unrelated business activity code (see instructions) 720000

D Sequence: 1 of 12

E Describe the unrelated trade or business HOTEL
Part I
Unrelated Trade or Business Income
 
(A) Income
(B) Expenses
(C) Net
1a
Gross receipts or sales   69,386,750
 
 
 
 
b
Less returns and allowances     c Balance
1c
69,386,750
 
 
2
Cost of goods sold (Part III, line 8) .........
2
 
 
 
3
Gross profit. Subtract line 2 from line 1c .......
3
69,386,750
 
69,386,750
4a
Capital gain net income (attach Sch D (Form 1041 or Form
1120)) (see instructions) ............

4a

Click to see attachment
List of Attached Documents:
// Content
31,796,982
 

31,796,982
b
Net gain (loss) (Form 4797) (attach Form 4797) (see instructions)
4b
 
 
 
c
Capital loss deduction for trusts
4c
 
 
 
5
Income (loss) from a partnership or an S corporation (attach statement) ................

5

Click to see attachment
List of Attached Documents:
// Content
65,508
 

65,508
6
Rent income (Part IV) .............
6
 
 
 
7
Unrelated debt-financed income (Part V) .......
7
 
 
 
8
Interest, annuities, royalties, and rents from a controlled
organization (Part VI) .............

8

 

 

 
9
Investment income of section 501(c)(7), (9), or (17)
organizations (Part VII) ............

9

 

 

 
10
Exploited exempt activity income (Part VIII) ......
10
 
 
 
11
Advertising income (Part IX) ...........
11
261,683
539,744
-278,061
12
Other income (see instructions; attach statement) ....
12
 
 
 
13
Total. Combine lines 3 through 12 .........
13
69,386,750
0
69,386,750
Part II
Deductions Not Taken Elsewhere (See instructions for limitations on deductions) Deductions must be directly connected with the unrelated business income
1
Compensation of officers, directors, and trustees (Part X) .................
1
 
2
Salaries and wages ............................
2
44,895
3
Repairs and maintenance ..........................
3
1,718,481
4
Bad debts ...............................
4
 
5
Interest (attach statement) (see instructions) Click to see attachment
List of Attached Documents:
// Content
...................
5
3,669,817
6
Taxes and licenses .............................
6
804,160
7
Depreciation (attach Form 4562) (see instructions) Click to see list of attachments
List of Attached Documents:
// Content
.........
7
5,662,269
 
 
8
Less depreciation claimed in Part III and elsewhere on return .....
8a
 
8b
5,662,269
9
Depletion ...............................
9
 
10
Contributions to deferred compensation plans .....................
10
 
11
Employee benefit programs ..........................
11
 
12
Excess exempt expenses (Part VIII) .......................
12
 
13
Excess readership costs (Part IX) ........................
13
 
14
Other deductions (attach statement) Click to see attachment
List of Attached Documents:
// Content
......................
14
47,623,685
15
Total deductions. Add lines 1 through 14 .....................
15
59,478,412
16
Unrelated business income before net operating loss deduction. Subtract line 15 from Part I, line 13, column (C)
16
9,908,338
17
Deduction for net operating loss (see instructions) Click to see attachment
List of Attached Documents:
// Content
..................
17
0
18
Unrelated business taxable income. Subtract line 17 from line 16 .............
18
9,908,338
For Paperwork Reduction Act Notice, see instructions.Cat. No. 74036OSchedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 2
Part III
Cost of Goods Sold Enter method of inventory valuation  
1
Inventory at beginning of year ........................
1
 
2
Purchases ...............................
2
 
3
Cost of labor ..............................
3
 
4
Additional section 263A costs (attach statement) ..................
4
 
5
Other costs (attach statement) ........................
5
 
6
Total. Add lines 1 through 5 ..........................
6
 
7
Inventory at end of year ...........................
7
 
8
Cost of goods sold. Subtract line 7 from line 6. Enter here and in Part I, line 2 ..........
8
 
9
Do the rules of section 263A (with respect to property produced or acquired for resale) apply to the organization?
YesNo
Part IV
Rent Income (From Real Property and Personal Property Leased with Real Property)
1
Description of property (property street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Rent received or accrued
 
 
 
 
a
From personal property (if the percentage of rent for personal property is more than 10% but not more than 50%) ......


 
 
 
b
From real and personal property (if the percentage of rent for personal property exceeds 50% or if the rent is based on profit or income) ..........
 
 
 
 
c
Total rents received or accrued by property. Add lines 2a and 2b, columns A through D .
 
 
 
 
3
Total rents received or accrued. Add line 2c columns A through D. Enter here and on Part I, line 6, column (A) .
 
4
Deductions directly connected with the income in lines 2(a) and 2(b) (attach statement) .
 
 
 
 
5
Total deductions. Add line 4 columns A through D. Enter here and on Part I, line 6, column (B) .....
 
Part V
Unrelated Debt-Financed Income (see instructions)
1
Description of debt-financed property (street address, city, state, ZIP code). Check if a dual-use (see instructions)
A
 
B
 
C
 
D
 
 
 
A
B
C
D
2
Gross income from or allocable to debt-financed property ........
 
 
 
3
Deductions directly connected with or allocable to debt-financed property
 
 
 
 
a
Straight line depreciation (attach statement)
 
 
 
 
b
Other deductions (attach statement) ...
 
 
 
 
c
Total deductions (add lines 3a and 3b, columns A through D) ..........
 
 
 
 
4
Amount of average acquisition debt on or allocable to debt-financed property (attach statement) ...........
 
 
 
 
5
Average adjusted basis of or allocable to debt-financed property (attach statement) ...
 
 
 
 
6
Divide line 4 by line 5 .......
%
%
%
%
7
Gross income reportable. Multiply line 2 by line 6
 
 
 
 
8
Total gross income (add line 7, columns A through D). Enter here and on Part I, line 7, column (A) ....
 
9
Allocable deductions. Multiply line 3c by line 6
 
 
 
 
10
Total allocable deductions. Add line 9, columns A through D. Enter here and on Part I, line 7, column (B) ..
 
11
Total dividends-received deductions included in line 10 .................
 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 3
Part VI
Interest, Annuities, Royalties, and Rents from Controlled Organizations (see instructions)
1. Name of controlled organization 2. Employer identification number Exempt Controlled Organizations
3. Net unrelated income (loss)
(see instructions)
4. Total of specified payments made 5. Part of column 4 that is included
in the controlling organization's
gross income
6. Deductions directly connected with income in column 5
(1)          
(2)          
(3)          
(4)          
Nonexempt Controlled Organizations
7. Taxable income 8. Net unrelated
income (loss)
(see instructions)
9. Total of specified payments made 10. Part of column 9
that is included in the
controlling organization's
gross income
11. Deductions directly connected with
income in column 10
(1)        
(2)        
(3)        
(4)        
 
Add columns 5 and 10.
Enter here and on Part I,
line 8, column (A)
Add columns 6 and 11.
Enter here and on Part I,
line 8, column (B)
Totals.........................
 
 
Part VII
Investment Income of a Section 501(c)(7), (9), or (17) Organization (see instructions)
1. Description of income 2. Amount of income 3. Deductions directly connected
(attach statement)
4. Set-asides
(attach statement)
5. Total deductions and set-asides
(add columns 3 and 4)
(1)        
(2)        
(3)        
(4)        



Totals.........
Add amounts in column 2.
Enter here and on Part I,
line 9, column (A)
 



 



 
Add amounts in column 5.
Enter here and on Part I,
line 9, column (B)
 
Part VIII
Exploited Exempt Activity Income, Other Than Advertising Income (see instructions)
1
Description of exploited activity:  
 
 
2
Gross unrelated business income from trade or business. Enter here and on Part I, line 10, column (A) ...
2
 
3
Expenses directly connected with production of unrelated business income. Enter here and on Part I, line 10, column (B) ...............................

3

 
4
Net income (loss) from unrelated trade or business. Subtract line 3 from line 2. If a gain, complete
lines 5 through 7 .............................

4

 
5
Gross income from activity that is not unrelated business income ..............
5
 
6
Expenses attributable to income entered on line 5 ...................
6
 
7
Excess exempt expenses. Subtract line 5 from line 6, but do not enter more than the amount on line 4. Enter here and on Part II, line 12 ..........................

7

 
Schedule A (Form 990-T) 2022
Schedule A (Form 990-T) 2022 Page 4
Part IX
Advertising Income
1
Name(s) of periodical(s). Check box if reporting two or more periodicals on a consolidated basis.
A
STANFORD MAGAZINEClick to see attachment
List of Attached Documents:
// Content
B
 
C
 
D
 
Enter amounts for each periodical listed above in the corresponding column.
 
 
A
B
C
D
2
Gross advertising income ......
261,683
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (A) .............
261,683
3
Direct Advertising costs by periodical ..
539,744
 
 
 
a
Add columns A through D. Enter here and on Part I, line 11, column (B) .............
539,744
4
Advertising gain (loss). Subtract line 3 from line 2. For any column in line 4 showing a gain, complete lines 5 through 8. For any column in line 4 showing a loss or zero, do not complete lines 5 through 7, and enter zero on line 8 ............





-278,061





 





 





 
5
Readership costs ........
 
 
 
 
6
Circulation income ........
 
 
 
 
7
Excess readership costs. If line 6 is less than line 5, subtract line 6 from line 5. If line 5 is less than line 6, enter zero .....


 


 


 


 
8
Excess readership costs allowed as a deduction. For each column showing a gain on line 4, enter the lesser of line 4 or line 7 .


 


 


 


 
a
Add line 8, columns A through D. Enter the greater of the columns total or zero here and on Part II, line 13 ..
 
Part X
Compensation of Officers, Directors, and Trustees (see instructions)
1. Name 2. Title 3. Percentage
of time devoted
to business
4. Compensation
attributable to
unrelated business
(1)      
(2)      
(3)      
(4)      
Total. Enter here and on Part II, line 1 .........................
 
Part XI
Supplemental Information (see instructions)
 
 
 
 
 
 
 
 
 
Schedule A (Form 990-T) 2022
Additional Data


Software ID:  
Software Version:  

SCHEDULE D
(Form 1120)
Click to see attachment
List of Attached Documents:
// Content
Department of the Treasury
Internal Revenue Service
Capital Gains and Losses
Attach to Form 1120, 1120-C, 1120-F, 1120-FSC, 1120-H, 1120-IC-DISC, 1120-L,
1120-ND, 1120-PC, 1120-POL, 1120-REIT, 1120-RIC, 1120-SF, or certain Forms 990-T.

Go to www.irs.gov/Form1120 for instructions and the latest information.
OMB No. 1545-0123
2023
Name
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
Employer identification number

94-1156365
Did the corporation dispose of any investment(s) in a qualified opportunity fund during the tax year? .......
If “Yes,” attach Form 8949 and see its instructions for additional requirements for reporting your gain or loss.
Part I Short–Term Capital Gains and Losses –– Generally Assets Held One Year or Less (see instructions)
See instructions for how to figure the amounts to enter on the lines below.

This form may be easier to complete if you round off cents to whole dollars.
(d)
Proceeds
(e)
Cost
(g) Adjustments to gain or loss from Form(s) 8949, Part 1, line 2, column (g) (h) Gain or (loss)
Subtract column (e) from column (d) and combine the result with column (g)
1a Totals for all short-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 1b      
1b Totals for all transactions reported on
Form(s) 8949 with Box A checked
       
2 Totals for all transactions reported on
Form(s) 8949 with Box B checked
       
3 Totals for all transactions reported on
Form(s) 8949 with Box C checked
      2,345,419
4
Short-term capital gain from installment sales from Form 6252, line 26 or 37 ...........
4
 
5
Short-term capital gain or (loss) from like-kind exchanges from Form 8824...........
5
 
6
Unused capital loss carryover (attach computation) ..................
6
(   )
7
Net short-term capital gain or (loss). Combine lines 1a through 6 in column h ...........
7
2,345,419
Part II Long–Term Capital Gains and Losses –– Generally Assets Held More Than One Year (see instructions)
See instructions for how to figure the amounts to enter on the lines below.

This form may be easier to complete if you round off cents to whole dollars.
(d)
Proceeds
(e)
Cost
(g) Adjustments to gain or loss from Form(s) 8949, Part II, line 2, column (g) (h) Gain or (loss)
Subtract column (e) from column (d) and combine the result with column (g)
8a Totals for all long-term transactions reported on Form 1099-B for which basis was reported to the IRS and for which you have no adjustments (see instructions). However, if you choose to report all these transactions on Form 8949, leave this line blank and go to line 8b      
8b Totals for all transactions reported on
Form(s) 8949 with Box D checked
       
9 Totals for all transactions reported on
Form(s) 8949 with Box E checked
       
10 Totals for all transactions reported on
Form(s) 8949 with Box F checked
      4,977,393
11
Enter gain from Form 4797, line 7 or 9 .......................
11
67,864,236
12
Long-term capital gain from installment sales from Form 6252, line 26 or 37 ...........
12
 
13
Long-term capital gain or (loss) from like-kind exchanges from Form 8824 ...........
13
 
14
Capital gain distributions (see instructions) .....................
14
 
15
Net long-term capital gain or (loss). Combine lines 8a through 14 in column h..........
15
72,841,629
Part III Summary of Parts I and II
16
Enter excess of net short-term capital gain (line 7) over net long-term capital loss (line 15) ......
16
2,345,419
17
Net capital gain. Enter excess of net long-term capital gain (line 15) over net short-term capital loss (line 7) .
17
72,841,629
18
Add lines 16 and 17. Enter here and on Form 1120, page 1, line 8, or the applicable line on other returns ..
18
75,187,048
Note: If losses exceed gains, see Capital losses in the instructions.
For Paperwork Reduction Act Notice, see the Instructions for Form 1120.Cat. No. 11460MSchedule D (Form 1120) 2023

Additional Data


Software ID:  
Software Version:  
Form 3800
Department of the Treasury
Internal Revenue Service
General Business Credit
Go to www.irs.gov/Form3800 for instructions and the latest information.
You must include all pages of Form 3800 with your return.
OMB No. 1545-0895
2023
Attachment Sequence No. 22
Name(s) shown on return
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
Identifying number

94-1156365
A
Corporate Alternative Minimum Tax (CAMT) and Base Erosion Anti-Abuse Tax (BEAT). Are you both (a) an "applicable corporation" within the meaning of IRC 59(k)(1) for the CAMT, and (b) an "applicable taxpayer" within the meaning of IRC 59A(e) for the BEAT? See instructions ..................
Part I
Current Year Credit for Credits Not Allowed Against Tentative Minimum Tax (TMT)
Go to Part III before Parts I and II. See instructions.
1
General business credit from Part III, line 2, column (e)
...........
1
119,490
2
Passive activity credits from Part III, line 2, column (f)
2
619,536
3
Enter the applicable passive activity credits allowed for 2023. See instructions
.........
3
0
4
Carryforward of general business credit to 2023. See instructions for statement to attach.
.....
4
3,046,380
Check this box if the carryforward was changed or revised from the original reported amount ...
5
Carryback of general business credit from 2024. See instructions
..............
5
0
6
Add lines 1, 3, 4, and 5
...........................
6
3,165,870
Part II
Allowable Credit
7
Regular tax before credits:
  • Individuals. Enter the sum of the amounts from Form 1040, 1040-SR, or 1040-NR, line 16; and Schedule 2 (Form 1040), line 2.
  • Corporations. Enter the amount from Form 1120, Schedule J, Part I, line 1; or the applicable line of your return.
  • Estates and trusts. Enter the sum of the amounts from Form 1041, Schedule G, lines 1a and 1b, plus any Form 8978 amount included on line 1d; or the amount from the applicable line of your return.
Curly Bracket Image
.....
7
0
8
Alternative minimum tax:
  • Individuals. Enter the amount from Form 6251, line 11.
  • Corporations. Enter the amount from Form 4626, Part II, line 13.
  • Estates and trusts. Enter the amount from Schedule I (Form 1041), line 54.
Curly Bracket Image
.....
8
 
9
Add lines 7 and 8
.............................
9
0
10a
Foreign tax credit
..................
10a
0
b
Certain allowable credits (see instructions)
..........
10b
0
c
Add lines 10a and 10b
...........................
10c
0
11
Net income tax. Subtract line 10c from line 9. If zero, skip lines 12 through 15 and enter -0- on line 16
11
0
12
Net regular tax. Subtract line 10c from line 7. If zero or less, enter -0-
..
12
0
13
Enter 25% (0.25) of the excess, if any, of line 12 (line 11 for corporations) over $25,000. See instructions ..............
13
0
14
Tentative minimum tax:
  • Individuals. Enter the amount from Form 6251, line 9.
  • Corporations. Enter -0-.
  • Estates and trusts. Enter the amount from Schedule I (Form 1041), line 52.
Curly Bracket Image
..
14
0
15
Enter the greater of line 13 or line 14
......................
15
0
16
Subtract line 15 from line 11. If zero or less, enter -0-
.................
16
0
17
Enter the smaller of line 6 or line 16
......................
17
0
C corporations: See the line 17 instructions if there has been an ownership change, acquisition, or reorganization.
For Paperwork Reduction Act Notice, see separate instructions.Cat. No. 12392FForm 3800 (2023)
Form 3800 (2023)
Page 2
Part II
Allowable Credit (Continued)
Note: If you are not required to report any amounts on lines 22 or 24 below, skip lines 18 through 25 and enter -0- on line 26.
18
Multiply line 14 by 75% (0.75). See instructions
...................
18
0
19
Enter the greater of line 13 or line 18
.....................
19
0
20
Subtract line 19 from line 11. If zero or less, enter -0-
.................
20
0
21
Subtract line 17 from line 20. If zero or less, enter -0-
.................
21
0
22
Combine the amounts from line 3 of Part III, column (e), and line 2zz of Part IV, columns (e) and (f)
..
22
0
23
Passive activity credit from line 3 of Part III, column (f)
......
23
0
24
Enter the applicable passive activity credit allowed for 2023. See instructions
.........
24
0
25
Add lines 22 and 24
...........................
25
0
26
Empowerment zone and renewal community employment credit allowed. Enter the smaller of line 21 or line 25
26
0
27
Subtract line 13 from line 11. If zero or less, enter -0-
.................
27
0
28
Add lines 17 and 26
...........................
28
0
29
Subtract line 28 from line 27. If zero or less, enter -0-
.................
29
0
30
Enter the general business credit from line 5 of Part III, column (e)
.............
30
0
31
Reserved...............................
31
32
Passive activity credits from line 5 of Part III, column (f)......
32
374,668
33
Enter the applicable passive activity credits allowed for 2023. See instructions
.........
33
0
34
Carryforward of business credit to 2023. Enter the amount from line 5 of Part IV, column (f), and line 6 of Part IV, column (g). See instructions for statement to attach
...............
34
6,526,171
Check this box if the carryforward was changed or revised from the original reported amount ...
35
Carryback of business credit from 2024. Enter the amount from line 5 of Part IV, column (e). See
instructions
..............................
35
0
36
Add lines 30, 33, 34, and 35
.........................
36
6,526,171
37
Enter the smaller of line 29 or line 36
.....................
37
0
38
Credit allowed for the current year. Add lines 28 and 37.
Report the amount from line 38 (if smaller than the sum of Part I, line 6, and Part II, lines 25 and 36; see instructions) as indicated below or on the applicable line of your return.
  • Individuals. Schedule 3 (Form 1040), line 6a.
  • Corporations. Form 1120, Schedule J, Part I, line 5c.
  • Estates and trusts. Form 1041, Schedule G, line 2b.
Curly Bracket Image
...............
38
0
Form 3800 (2023)
Form 3800 (2023)
Page 3
Part III
Current Year General Business Credits (GBCs) (see instructions). If there is more than one credit amount to report on lines 1a through 1zz, 3, or 4a through 4z, enter the number of items you have for that line in column (c) and complete Part V.
(a)
Current year credits from:
(b)
Elective payment or transfer registration number
(c)
# items
(d)
Pass-through or transfer credit entity EIN
(e)
Credits from non-passive activities
(f)
Current and prior year passive activity credit allowed for the current year
(g)
Credit transfer election amount (enter amounts transferred out as a negative amount)
(h)
Gross elective payment election amount
(i)
Net elective payment election amount
(j)
Combine columns (e), (f), and (g), less column (i)
1a Form 3468, Part II......          
b Form 7207........                  
c Form 6765........ 34 84-4550787   619,536  
d Form 3468, Part III......                  
e Form 8826........          
f Form 8835, Part II......              
g Form 7210........                  
h Form 8820.......          
i Form 8874........          
j Form 8881, Part I......          
k Form 8882........          
l Form 8864 (diesel)......          
m Form 8896........          
n Form 8906........          
o Form 3468, Part IV......                
p Form 8908........          
q Reserved (45Z).......
r Form 8910........          
s Form 8911, Part IIClick to see attachment
List of Attached Documents:
// Content
......
PA00124203LU   000000000 81,990 0     81,990 0
t Form 8830........          
u Form 7213, Part II......                  
v Form 3468, Part V......  
w Form 8932........          
x Form 8933........                  
y Form 8936, Part II......          
z Reserved.........
aa Form 8936, Part VClick to see attachment
List of Attached Documents:
// Content
......
PF00124103LU 5 000000000 37,500 0   37,500 0
bb Form 8904........          
cc Form 7213, Part I......          
dd Form 8881, Part II......          
ee Form 8881, Part III......          
ff Form 8864, Line 8......          
gg Reserved (1gg).......
hh Reserved (1hh).......
ii Reserved (1ii)........
jj Reserved (1jj)........
zz Other credits.......          
2 Add lines 1a through 1zz.....   119,490 619,536     119,490 0
Form 3800 (2023)
Form 3800 (2023)
Page 4
Part III
Current Year General Business Credits (GBCs) (see instructions). If there is more than one credit amount to report on lines 1a through 1zz, 3, or 4a through 4z, enter the number of items you have for that line in column (c) and complete Part V. (continued)
(a)
Current year credits from:
(b)
Elective payment or transfer registration number
(c)
# items
(d)
Pass-through or transfer credit entity EIN
(e)
Credits from non-passive activities
(f)
Current year and carryover passive activity credit
(g)
Credit transfer election amount (enter amounts transferred out as a negative amount)
(h)
Gross elective payment election amount
(i)
Net elective payment election amount
(j)
Combine columns (e), (f), and (g), less column (i)
3 Form 8844........          
4 Specified credits:
a Form 3468, Part VI......                  
b Form 5884........          
c Form 6478........          
d Form 8586........          
e Form 8835, Part II......                  
f Form 8846........ 10 98-0546998   278,312 278,312
g Form 8900........          
h Form 8941........          
i Form 6765 ESB credit.....          
j Form 8994........          
k Form 3468, Part VII......          
l Reserved (4l)........
m Reserved (4m)........
z Other specified credits...... 3 27-2996434   96,356  
5 Add lines 4a through 4z..... 0 374,668       0
6 Add lines 2, 3, and 5......   119,490 994,204     119,490 0
Form 3800 (2023)
Form 3800 (2023)
Page 5
Part IV
Carryovers of General Business Credits (GBCs) or Eligible Small Business Credits (ESBCs) (see instructions)
(a)
Credits carried over to tax year 2023
(b)
Check if non-passive
(c)
Year
(d)
Pass-through entity EIN
(e)
Credit carrybacks to current year
(f)
Carryforwards (excluding ESBCs)
(g)
Eligible small business credit (ESBC) carryforwards
1a Form 3468, Part II (coal, gasification).....        
b Form 7207 (manufacturing production)....      
c Form 6765 (research)......... 2008 20-3949682   2,669,211  
d Form 3468, Part III (advanced energy)....      
e Form 8826 (disabled access)....... 2007 36-4384386   1,013  
f Form 8835, Part II (renewable electricity).... 2007 36-4384386   364,112
g Form 7210 (clean hydrogen).......      
h Form 8820 (orphan drug)........        
i Form 8874 (new markets)........        
j Form 8881, Part I (pension plan startup)....        
k Form 8882 (employer-provided child care)....        
l Form 8864 (biodiesel and renewable diesel)...        
m Form 8896 (low sulfur diesel fuel)......        
n Form 8906 (distilled spirits)........        
o Form 3468, Part IV (advanced manufacturing)...      
p Form 8908 (energy-efficient home)...... 2008 26-0330156   12,044  
q Reserved.............
r Form 8910 (alternative motor vehicle).....        
s Form 8911, Part II (alternative fuel refueling)...        
t Form 8830 (enhanced oil recovery)......        
u Form 7213, Part II (zero-emission nuclear production).      
v Form 3468, Part V (Reserved).......
w Form 8932 (differential wage).......        
x Form 8933 (carbon oxide sequestration)....        
y Form 8936, Part II (clean vehicle)......      
z Reserved.............
aa Form 8936, Part V (commercial clean vehicle)...      
bb Form 8904 (oil and gas production)......        
cc Form 7213, Part I (advanced nuclear production)..      
dd Form 8881, Part II (pension auto enrollment)...      
ee Form 8881, Part III (military spouse).....      
ff Form 8864 (sustainable aviation fuel mixture)...      
gg Reserved.............
hh Reserved.............
ii Reserved.............
jj Reserved.............
zz Other..............        
2 Credits for which only carryforwards are allowed:
a Form 5884-A (employee retention)......      
b Form 8586 (low-income housing)(pre-2008)...      
c Form 8845 (Indian employment)......      
d Form 8907 (nonconventional source fuel)....      
e Form 8909 (energy efficient appliance)....      
f Form 8923 (mine rescue team training)....      
g Form 8834 (qualified plug-in electric vehicle)...      
h Form 8931 (agricultural chemicals security)...      
i Form 1065-B (GBCs from electing partnership)...      
j Form 5884 (work opportunity pre-2007)....      
k Form 6478 (alcohol fuel pre-2005).....      
l Form 8846 (employer taxes pre-2007)....      
Form 3800 (2023)
Form 3800 (2023)
Page 6
Part IV
Carryovers of General Business Credits (GBCs) or Eligible Small Business Credits (ESBCs) (see instructions) (continued)
(a)
Credits carried over to tax year 2023
(b)
Check if non-passive
(c)
Year
(d)
Pass-through entity EIN
(e)
Credit carrybacks to current year
(f)
Carryforwards (excluding ESBCs)
(g)
Eligible small business credit (ESBC) carryforwards
m Form 8900 (railroad track maintenance pre-2008)..      
n Trans-Alaska pipeline liability fund credit....      
o Form 5884-A, Section A (employers affected by Hurricane Katrina, Rita, or Wilma).........      
p Form 5884-A, Section B (Hurricane Katrina housing).      
q Form 5884-A, Section A (affected Midwestern disaster area employers)...........      
r Form 5884-A, Section B (employer housing)...      
s Form 5884-B (new hire retention)......      
t Form 8847 (contributions to selected community development corporations)........      
u Form 8861 (welfare to work).......      
v Form 8884 (New York Liberty Zone business employee)      
w Form 8942 (therapeutic drug).......      
yy yy Other credits (see instructions)......      
zz Add lines 1a through 1zz and 2a through 2yy...   3,046,380  
3 Form 8844 (empowerment zone)......        
4 Specified credits:
a Form 3468, Part VI (energy)........        
b Form 5884 (work opportunity).......        
c Form 6478 (biofuel producer)....... 2007 20-1556173   2,317  
d Form 8586 (low-income housing)(post-2007).. 2018 81-3022976   133  
e Form 8835 (renewable electricity)......        
f Form 8846 (employer taxes)....... 2007 43-1717406   5,105,021  
g Form 8900 (railroad track maintenance)....        
h Form 8941 (employer health insurance)....        
i Form 6765 ESB credit (research)......        
j Form 8994 (paid family and medical leave)....        
k Form 3468, Part VII (rehabilitation)(post-2007)..        
l Reserved (4l)............
m Reserved (4m)...........
z Other specified credits......... 2005 03-0518191   1,418,700  
5 Add lines 4a through 4z.........   6,526,171  
6 Add lines 2zz, 3, and 5.........   9,572,551  
Form 3800 (2023)
Form 3800 (2023)
Page 7
Part V
Breakdown of Aggregate Amounts on Part III for Facility-by-Facility, Multiple Pass-Through Entities, etc. (see instructions)
(a)
Line number from Part III
(b)
Elective payment or transfer registration number
(c)
Pass-through or transfer credit entity EIN
(d)
Current year credits from non-passive activities
(e)
Current year credits from passive activity before passive activity credit limitation
(f)
Credit transfer election amount
(g)
Gross elective payment election amount
(h)
Net elective payment election amount
(i)
Carryover of passive activity credit allowable in current year
1 Part III Line 1c   90-0948961   31    
2 Part III Line 1c   86-3990952   110    
3 Part III Line 1c   85-3923429   3,997    
4 Part III Line 1c   98-1467550   75,417    
5 Part III Line 1c   38-3923025   751    
6 Part III Line 1c   85-4053524   25,526    
7 Part III Line 1c   85-0723421   74,941    
8 Part III Line 1c   98-1538890   57    
9 Part III Line 1c   98-1492935   18,081    
10 Part III Line 1c   98-1493486   4,446    
11 Part III Line 1c   98-1162303   1,478    
12 Part III Line 1c   98-1184642   531    
13 Part III Line 1c   83-4689392   258    
14 Part III Line 1c   38-3907673   55    
15 Part III Line 1c   85-2735658   4    
16 Part III Line 1c   85-2642379   7    
17 Part III Line 1c   85-0701741   28    
18 Part III Line 1c   26-3639815   1,622    
19 Part III Line 1c   61-1830732   145,759    
20 Part III Line 1c   84-4177187   818    
21 Part III Line 1c   98-1506071   336    
22 Part III Line 1c   37-1803102   112    
23 Part III Line 1c   37-1699332   10,517    
24 Part III Line 1c   37-1699332   53    
25 Part III Line 1c   98-0481298   16    
26 Part III Line 1c   36-4789241   97    
27 Part III Line 1c   98-1577468   4,785    
28 Part III Line 1c   85-0548852   675    
29 Part III Line 1c   46-0874161   415    
30 Part III Line 1c   83-1505130   278    
31 Part III Line 1c   84-4550787   124,250    
32 Part III Line 1c   82-2712871   85,285    
33 Part III Line 1c   88-0558312   18,306    
34 Part III Line 1c   87-2683439   20,494    
35 Part III Line 1s PA00124203LU 000000000 81,990     81,990
36 Part III Line 1aa PF00124103LU 000000000 7,500     7,500
37 Part III Line 1aa PF00224103LU 000000000 7,500     7,500
38 Part III Line 1aa PF00324103LU 000000000 7,500     7,500
39 Part III Line 1aa PF00424103LU 000000000 7,500     7,500
40 Part III Line 1aa PF00524103LU 000000000 7,500     7,500
41 Part III Line 2     119,490 619,536   119,490
42 Part III Line 4f   38-3923025   59    
43 Part III Line 4f   80-0956089   11    
44 Part III Line 4f   80-0007661   716    
45 Part III Line 4f   98-0546998   98,995    
46 Part III Line 4f   98-0546998   132,742    
47 Part III Line 4f   26-3639815   141    
48 Part III Line 4f   81-2828481   42,477    
49 Part III Line 4f   81-2828481   213    
50 Part III Line 4f   77-0287059   2,435    
51 Part III Line 4f   26-4538585   523    
52 Part III Line 4z   27-2996434   92,834    
53 Part III Line 4z   27-2996434   1,722    
54 Part III Line 4z   26-3639815   1,800    
55 Part III Line 5       374,668    
56 Part III Line 6     119,490 994,204   119,490
Form 3800 (2023)
Form 3800 (2023)
Page 8
Part VI
Breakdown of Aggregate Amounts in Part IV (see instructions)
(a)
Line number
from Part IV
(b)
Check if non-passive
(c)
Year
(d)
Pass-through entity EIN
(e)
Credit carrybacks to current year
(f)
Carryforwards (excluding ESBCs)
(g)
Eligible small business credit (ESBC) carryforwards
1 Part IV Line 1c   2008 20-3949682   1  
2 Part IV Line 1c   2009 20-4521923   8  
3 Part IV Line 1c   2010 20-4521923   11  
4 Part IV Line 1c   2010 20-4770808   1,857  
5 Part IV Line 1c   2010 26-1269450   1,741  
6 Part IV Line 1c   2010 20-1863081   6  
7 Part IV Line 1c   2010 06-1634170   2  
8 Part IV Line 1c   2010 26-3639815   5  
9 Part IV Line 1c   2010 20-3949682   48  
10 Part IV Line 1c   2010 54-2007544   6  
11 Part IV Line 1c   2010 42-1699472   52  
12 Part IV Line 1c   2010 14-1984869   87  
13 Part IV Line 1c   2010 77-0287059   3,962  
14 Part IV Line 1c   2011 20-4521923   50  
15 Part IV Line 1c   2011 26-1269450   1,716  
16 Part IV Line 1c   2011 06-1634170   1  
17 Part IV Line 1c   2011 54-2007544   2  
18 Part IV Line 1c   2011 45-2871425   1,923  
19 Part IV Line 1c   2011 20-8283524   390  
20 Part IV Line 1c   2012 20-4521923   45  
21 Part IV Line 1c   2012 20-4770808   1,173  
22 Part IV Line 1c   2012 20-1863081   5  
23 Part IV Line 1c   2012 26-3639815   358  
24 Part IV Line 1c   2012 20-3949682   2  
25 Part IV Line 1c   2012 77-0287059   5,872  
26 Part IV Line 1c   2012 98-0439403   147  
27 Part IV Line 1c   2012 20-3873840   3  
28 Part IV Line 1c   2012 80-0621814   1,478  
29 Part IV Line 1c   2013 20-4521923   68  
30 Part IV Line 1c   2013 20-1863081   6  
31 Part IV Line 1c   2013 26-3639815   16  
32 Part IV Line 1c   2013 20-3873840   1  
33 Part IV Line 1c   2013 80-0621814   4,532  
34 Part IV Line 1c   2013 27-2025902   5,335  
35 Part IV Line 1c   2013 56-2552814   399  
36 Part IV Line 1c   2014 20-4521923   69  
37 Part IV Line 1c   2014 20-3949682   17  
38 Part IV Line 1c   2014 27-2025902   630  
39 Part IV Line 1c   2014 47-2298421   189  
40 Part IV Line 1c   2014 45-5304559   22,812  
41 Part IV Line 1c   2014 46-2445852   494  
42 Part IV Line 1c   2016 20-4521923   85  
43 Part IV Line 1c   2016 26-3639815   395  
44 Part IV Line 1c   2016 20-3949682   6  
45 Part IV Line 1c   2016 20-3873840   1  
46 Part IV Line 1c   2016 47-2298421   4,676  
47 Part IV Line 1c   2016 45-5304559   25,653  
48 Part IV Line 1c   2016 46-2445852   27,805  
49 Part IV Line 1c   2016 90-0948961   10  
50 Part IV Line 1c   2016 47-4281006   7,557  
51 Part IV Line 1c   2016 47-2286244   12,686  
52 Part IV Line 1c   2016 98-0534591   431  
53 Part IV Line 1c   2016 98-1184642   3,651  
54 Part IV Line 1c   2016 27-1080947   51  
55 Part IV Line 1c   2016 38-3907673   10  
56 Part IV Line 1c   2016 98-1027307   7,938  
57 Part IV Line 1c   2016 81-3966927   508  
58 Part IV Line 1c   2016 45-4110691   2,562  
59 Part IV Line 1c   2016 45-4110691   34  
60 Part IV Line 1c   2016 47-1245315   134  
61 Part IV Line 1c   2016 81-2961493   10,952  
62 Part IV Line 1c   2016 36-4756946   86,124  
63 Part IV Line 1c   2016 37-1699332   33,713  
64 Part IV Line 1c   2016 47-4223381   23,121  
65 Part IV Line 1c   2017 20-4521923   361  
66 Part IV Line 1c   2017 26-1269450   2  
67 Part IV Line 1c   2017 26-3639815   802  
68 Part IV Line 1c   2017 20-3873840   1  
69 Part IV Line 1c   2017 90-0948961   34  
70 Part IV Line 1c   2017 98-1184642   6,384  
71 Part IV Line 1c   2017 38-3907673   28  
72 Part IV Line 1c   2017 98-1027307   2,703  
73 Part IV Line 1c   2017 81-3966927   2,050  
74 Part IV Line 1c   2017 47-1245315   344  
75 Part IV Line 1c   2017 36-4756946   367,402  
76 Part IV Line 1c   2017 47-4223919   8  
77 Part IV Line 1c   2017 47-1245315   34,000  
78 Part IV Line 1c   2017 37-1803102   1  
79 Part IV Line 1c   2018 20-4521923   100  
80 Part IV Line 1c   2018 26-1269450   12  
81 Part IV Line 1c   2018 26-3639815   3,800  
82 Part IV Line 1c   2018 77-0287059   67  
83 Part IV Line 1c   2018 47-2298421   9,312  
84 Part IV Line 1c   2018 45-5304559   23,050  
85 Part IV Line 1c   2018 90-0948961   6  
86 Part IV Line 1c   2018 98-1184642   7,738  
87 Part IV Line 1c   2018 38-3907673   24  
88 Part IV Line 1c   2018 98-1027307   16,614  
89 Part IV Line 1c   2018 47-1245315   701  
90 Part IV Line 1c   2018 47-4223919   1,521  
91 Part IV Line 1c   2018 47-1245315   69,387  
92 Part IV Line 1c   2018 37-1803102   2  
93 Part IV Line 1c   2018 47-3260122   37  
94 Part IV Line 1c   2018 47-4281006   12,577  
95 Part IV Line 1c   2018 98-0546998   6,913  
96 Part IV Line 1c   2018 47-5301888   209  
97 Part IV Line 1c   2018 90-0772119   2,401  
98 Part IV Line 1c   2018 81-3022976   269  
99 Part IV Line 1c   2018 98-1350388   1,690  
100 Part IV Line 1c   2018 47-3899327   195,766  
101 Part IV Line 1c   2018 47-5038946   3,522  
102 Part IV Line 1c   2019 26-1269450   28  
103 Part IV Line 1c   2019 26-3639815   3,454  
104 Part IV Line 1c   2019 77-0287059   453  
105 Part IV Line 1c   2019 47-2298421   2,475  
106 Part IV Line 1c   2019 45-5304559   7,959  
107 Part IV Line 1c   2019 90-0948961   10  
108 Part IV Line 1c   2019 98-1184642   9,476  
109 Part IV Line 1c   2019 38-3907673   27  
110 Part IV Line 1c   2019 98-1027307   6,543  
111 Part IV Line 1c   2019 47-1245315   284  
112 Part IV Line 1c   2019 81-2961493   16,468  
113 Part IV Line 1c   2019 47-1245315   28,148  
114 Part IV Line 1c   2019 37-1803102   47  
115 Part IV Line 1c   2019 47-3260122   52  
116 Part IV Line 1c   2019 47-4281006   10,705  
117 Part IV Line 1c   2019 98-0546998   38,543  
118 Part IV Line 1c   2019 47-5301888   1,876  
119 Part IV Line 1c   2019 47-3899327   305,814  
120 Part IV Line 1c   2019 47-5038946   23,201  
121 Part IV Line 1c   2019 80-0956089   13  
122 Part IV Line 1c   2019 83-4689392   6  
123 Part IV Line 1c   2019 38-3865939   29,245  
124 Part IV Line 1c   2019 82-2712871   13,920  
125 Part IV Line 1c   2019 98-1467550   852  
126 Part IV Line 1c   2019 38-3923025   158  
127 Part IV Line 1c   2019 83-0739836   119  
128 Part IV Line 1c   2019 20-0331013   809  
129 Part IV Line 1c   2019 46-4297719   335  
130 Part IV Line 1c   2019 83-1505130   256  
131 Part IV Line 1c   2019 83-0928746   1,540  
132 Part IV Line 1c   2020 26-1269450   8  
133 Part IV Line 1c   2020 26-3639815   4,587  
134 Part IV Line 1c   2020 77-0287059   239  
135 Part IV Line 1c   2020 90-0948961   1  
136 Part IV Line 1c   2020 98-1184642   8,837  
137 Part IV Line 1c   2020 38-3907673   119  
138 Part IV Line 1c   2020 98-1027307   2,463  
139 Part IV Line 1c   2020 45-4110691   162  
140 Part IV Line 1c   2020 45-4110691   2  
141 Part IV Line 1c   2020 47-1245315   153  
142 Part IV Line 1c   2020 47-1245315   15,015  
143 Part IV Line 1c   2020 37-1803102   50  
144 Part IV Line 1c   2020 47-3260122   18  
145 Part IV Line 1c   2020 98-0546998   8,438  
146 Part IV Line 1c   2020 47-3899327   148,996  
147 Part IV Line 1c   2020 82-2712871   1,596  
148 Part IV Line 1c   2020 84-2134622   3,842  
149 Part IV Line 1c   2020 98-1467550   5,745  
150 Part IV Line 1c   2020 38-3923025   671  
151 Part IV Line 1c   2020 98-1538890   7  
152 Part IV Line 1c   2020 84-4216811   150  
153 Part IV Line 1c   2020 83-4689392   16  
154 Part IV Line 1c   2020 37-1859317   4  
155 Part IV Line 1c   2020 83-0739836   217  
156 Part IV Line 1c   2020 26-3310007   74  
157 Part IV Line 1c   2020 83-1505130   333  
158 Part IV Line 1c   2020 84-4550787   67,361  
159 Part IV Line 1c   2020 47-5422071   13  
160 Part IV Line 1c   2021 26-3639815   2,291  
161 Part IV Line 1c   2021 98-1184642   388  
162 Part IV Line 1c   2021 38-3907673   125  
163 Part IV Line 1c   2021 37-1803102   72  
164 Part IV Line 1c   2021 47-3260122   6  
165 Part IV Line 1c   2021 98-0546998   12,430  
166 Part IV Line 1c   2021 82-2712871   35,412  
167 Part IV Line 1c   2021 84-2134622   944  
168 Part IV Line 1c   2021 98-1467550   2,056  
169 Part IV Line 1c   2021 38-3923025   440  
170 Part IV Line 1c   2021 98-1538890   17  
171 Part IV Line 1c   2021 84-4216811   302  
172 Part IV Line 1c   2021 83-4689392   40  
173 Part IV Line 1c   2021 37-1859317   8  
174 Part IV Line 1c   2021 84-4550787   75,246  
175 Part IV Line 1c   2021 85-4053524   13,391  
176 Part IV Line 1c   2021 85-0723421   209,980  
177 Part IV Line 1c   2021 85-2735658   2  
178 Part IV Line 1c   2021 85-2642379   4  
179 Part IV Line 1c   2021 61-1830732   9,074  
180 Part IV Line 1c   2021 98-1506071   99  
181 Part IV Line 1c   2021 20-0331013   30  
182 Part IV Line 1c   2021 98-1577468   53  
183 Part IV Line 1c   2021 46-4297719   2,392  
184 Part IV Line 1c   2021 46-0874161   731  
185 Part IV Line 1c   2021 83-1505130   9  
186 Part IV Line 1c   2022 26-3639815   3,914  
187 Part IV Line 1c   2022 77-0287059   13,749  
188 Part IV Line 1c   2022 98-1184642   9,838  
189 Part IV Line 1c   2022 38-3907673   82  
190 Part IV Line 1c   2022 47-1245315   546  
191 Part IV Line 1c   2022 47-1245315   54,083  
192 Part IV Line 1c   2022 37-1803102   76  
193 Part IV Line 1c   2022 82-2712871   41,468  
194 Part IV Line 1c   2022 98-1467550   8,491  
195 Part IV Line 1c   2022 98-1538890   44  
196 Part IV Line 1c   2022 84-4216811   45  
197 Part IV Line 1c   2022 83-4689392   210  
198 Part IV Line 1c   2022 37-1859317   13  
199 Part IV Line 1c   2022 84-4550787   88,116  
200 Part IV Line 1c   2022 85-4053524   23,976  
201 Part IV Line 1c   2022 85-0723421   74,974  
202 Part IV Line 1c   2022 61-1830732   73,138  
203 Part IV Line 1c   2022 98-1506071   330  
204 Part IV Line 1c   2022 98-1577468   2,493  
205 Part IV Line 1c   2022 46-0874161   1,485  
206 Part IV Line 1c   2022 83-1505130   367  
207 Part IV Line 1c   2022 85-3923429   6,723  
208 Part IV Line 1c   2022 98-1492935   8,962  
209 Part IV Line 1c   2022 98-1493486   4,055  
210 Part IV Line 1c   2022 84-4177187   599  
211 Part IV Line 1c   2022 87-3535114   20  
212 Part IV Line 1c   2022 36-4789241   255  
213 Part IV Line 1c   2022 87-2683439   12,350  
214 Part IV Line 1c   2022 88-0558312   27,874  
215 Part IV Line 1e   2007 36-4384386   1,013  
216 Part IV Line 1f   2007 36-4384386   2,910  
217 Part IV Line 1f   2011 98-0481298   20,643  
218 Part IV Line 1f   2011 98-0629140   8,502  
219 Part IV Line 1f   2013 26-3639815   1  
220 Part IV Line 1f   2013 98-0481298   114,110  
221 Part IV Line 1f   2013 98-0629140   40,284  
222 Part IV Line 1f   2014 26-3639815   149  
223 Part IV Line 1f   2014 20-3873840   2  
224 Part IV Line 1f   2014 98-0481298   106,526  
225 Part IV Line 1f   2014 98-0629140   47,009  
226 Part IV Line 1f   2015 74-3155114   52  
227 Part IV Line 1f   2016 26-3639815   1  
228 Part IV Line 1f   2017 90-1007877   56  
229 Part IV Line 1f   2017 81-2828481   3,626  
230 Part IV Line 1f   2017 47-3103791   3,247  
231 Part IV Line 1f   2017 77-0287059   11,965  
232 Part IV Line 1f   2017 26-4538585   2,034  
233 Part IV Line 1f   2019 90-1007877   1,191  
234 Part IV Line 1f   2020 90-1007877   1,804  
235 Part IV Line 1p   2008 26-0330156   5,325  
236 Part IV Line 1p   2011 26-3639815   8  
237 Part IV Line 1p   2016 26-3639815   117  
238 Part IV Line 1p   2017 98-0546998   6,513  
239 Part IV Line 1p   2017 77-0287059   81  
240 Part IV Line 2zz         3,046,380  
241 Part IV Line 4c   2007 20-1556173   770  
242 Part IV Line 4c   2007 20-1556262   1,547  
243 Part IV Line 4d   2018 81-3022976   132  
244 Part IV Line 4d   2018 38-3923025   1  
245 Part IV Line 4f   2007 43-1717406   3,131  
246 Part IV Line 4f   2007 43-1693677   1,916  
247 Part IV Line 4f   2007 43-1806558   897  
248 Part IV Line 4f   2007 43-1796219   9,503  
249 Part IV Line 4f   2007 43-1751213   693  
250 Part IV Line 4f   2008 43-1717406   3,061  
251 Part IV Line 4f   2008 43-1693677   1,494  
252 Part IV Line 4f   2008 43-1806558   894  
253 Part IV Line 4f   2008 43-1796219   9,059  
254 Part IV Line 4f   2009 43-1717406   3,916  
255 Part IV Line 4f   2009 43-1693677   1,241  
256 Part IV Line 4f   2009 43-1806558   896  
257 Part IV Line 4f   2009 43-1796219   7,243  
258 Part IV Line 4f   2010 26-3639815   15  
259 Part IV Line 4f   2010 43-1717406   2,930  
260 Part IV Line 4f   2010 43-1693677   1,346  
261 Part IV Line 4f   2010 43-1806558   988  
262 Part IV Line 4f   2010 94-3106322   5  
263 Part IV Line 4f   2010 43-1796219   7,421  
264 Part IV Line 4f   2010 06-1634170   1  
265 Part IV Line 4f   2011 26-3639815   17  
266 Part IV Line 4f   2011 20-3949682   118  
267 Part IV Line 4f   2011 43-1717406   2,264  
268 Part IV Line 4f   2011 43-1693677   1,533  
269 Part IV Line 4f   2011 43-1806558   1,168  
270 Part IV Line 4f   2011 94-3106322   7  
271 Part IV Line 4f   2011 43-1796219   4,149  
272 Part IV Line 4f   2011 06-1634170   1  
273 Part IV Line 4f   2012 26-3639815   19  
274 Part IV Line 4f   2012 20-3949682   115  
275 Part IV Line 4f   2012 38-3854218   427  
276 Part IV Line 4f   2012 30-0702264   948  
277 Part IV Line 4f   2012 43-1717406   4,504  
278 Part IV Line 4f   2012 43-1693677   1,634  
279 Part IV Line 4f   2012 43-1806558   590  
280 Part IV Line 4f   2013 26-3639815   60  
281 Part IV Line 4f   2013 20-3949682   43  
282 Part IV Line 4f   2013 38-3854218   454  
283 Part IV Line 4f   2013 30-0702264   1,010  
284 Part IV Line 4f   2013 20-3873840   2  
285 Part IV Line 4f   2013 43-1717406   6,718  
286 Part IV Line 4f   2014 26-3639815   97  
287 Part IV Line 4f   2014 26-4538585   1,886  
288 Part IV Line 4f   2014 20-3949682   133  
289 Part IV Line 4f   2014 38-3854218   440  
290 Part IV Line 4f   2014 30-0702264   978  
291 Part IV Line 4f   2015 47-3103791   1,225  
292 Part IV Line 4f   2016 98-0546998   1,011,680  
293 Part IV Line 4f   2016 26-3639815   102  
294 Part IV Line 4f   2016 26-4538585   2,955  
295 Part IV Line 4f   2016 47-3103791   3,079  
296 Part IV Line 4f   2016 20-3949682   96  
297 Part IV Line 4f   2016 46-3861026   59  
298 Part IV Line 4f   2016 38-3854218   100  
299 Part IV Line 4f   2016 30-0702264   222  
300 Part IV Line 4f   2017 98-0546998   1,132,424  
301 Part IV Line 4f   2017 26-3639815   216  
302 Part IV Line 4f   2017 46-3861026   65  
303 Part IV Line 4f   2018 98-0546998   1,053,715  
304 Part IV Line 4f   2018 26-3639815   790  
305 Part IV Line 4f   2018 81-2828481   32,453  
306 Part IV Line 4f   2018 81-2828481   162  
307 Part IV Line 4f   2018 77-0287059   19,682  
308 Part IV Line 4f   2018 26-4538585   440  
309 Part IV Line 4f   2018 47-3103791   2,124  
310 Part IV Line 4f   2018 46-3861026   68  
311 Part IV Line 4f   2018 47-5038946   7,689  
312 Part IV Line 4f   2019 38-3923025   76  
313 Part IV Line 4f   2019 80-0956089   8  
314 Part IV Line 4f   2019 98-0546998   954,404  
315 Part IV Line 4f   2019 26-3639815   430  
316 Part IV Line 4f   2019 81-2828481   31,824  
317 Part IV Line 4f   2019 81-2828481   160  
318 Part IV Line 4f   2019 77-0287059   7,757  
319 Part IV Line 4f   2019 26-4538585   275  
320 Part IV Line 4f   2019 47-3103791   1,882  
321 Part IV Line 4f   2019 20-3949682   173  
322 Part IV Line 4f   2019 46-3861026   71  
323 Part IV Line 4f   2019 47-5038946   3,561  
324 Part IV Line 4f   2020 38-3923025   14  
325 Part IV Line 4f   2020 80-0956089   31  
326 Part IV Line 4f   2020 98-0546998   155,592  
327 Part IV Line 4f   2020 26-3639815   154  
328 Part IV Line 4f   2020 81-2828481   23  
329 Part IV Line 4f   2020 77-0287059   2,394  
330 Part IV Line 4f   2020 26-4538585   204  
331 Part IV Line 4f   2020 47-3103791   601  
332 Part IV Line 4f   2020 46-3861026   8  
333 Part IV Line 4f   2021 38-3923025   263  
334 Part IV Line 4f   2021 80-0956089   2  
335 Part IV Line 4f   2021 80-0007661   522  
336 Part IV Line 4f   2021 98-0546998   61,383  
337 Part IV Line 4f   2021 98-0546998   163,113  
338 Part IV Line 4f   2021 26-3639815   192  
339 Part IV Line 4f   2021 81-2828481   58,936  
340 Part IV Line 4f   2021 81-2828481   273  
341 Part IV Line 4f   2021 77-0287059   1,584  
342 Part IV Line 4f   2021 26-4538585   198  
343 Part IV Line 4f   2021 47-3103791   535  
344 Part IV Line 4f   2021 20-3949682   34  
345 Part IV Line 4f   2022 38-3923025   438  
346 Part IV Line 4f   2022 80-0007661   635  
347 Part IV Line 4f   2022 98-0546998   110,095  
348 Part IV Line 4f   2022 98-0546998   149,930  
349 Part IV Line 4f   2022 81-2828481   37,802  
350 Part IV Line 4f   2022 81-2828481   190  
351 Part IV Line 4f   2022 77-0287059   2,767  
352 Part IV Line 4f   2022 26-4538585   462  
353 Part IV Line 4f   2022 47-3103791   714  
354 Part IV Line 4z   2005 03-0518191   118  
355 Part IV Line 4z   2005 54-2007544   5  
356 Part IV Line 4z   2007 20-1556262   16,273  
357 Part IV Line 4z   2007 36-4384386   697  
358 Part IV Line 4z   2007 20-1556173   1,502  
359 Part IV Line 4z   2008 20-4310816   2  
360 Part IV Line 4z   2016 20-3701566   6  
361 Part IV Line 4z   2017 20-1556262   61  
362 Part IV Line 4z   2017 27-2996434   354,680  
363 Part IV Line 4z   2017 27-2996434   7,686  
364 Part IV Line 4z   2017 26-3639815   7,218  
365 Part IV Line 4z   2017 20-3873840   6  
366 Part IV Line 4z   2018 27-2996434   136,842  
367 Part IV Line 4z   2018 27-2996434   2,363  
368 Part IV Line 4z   2018 26-3639815   3,214  
369 Part IV Line 4z   2019 83-4689392   17  
370 Part IV Line 4z   2019 27-2996434   156,911  
371 Part IV Line 4z   2019 27-2996434   3,109  
372 Part IV Line 4z   2019 26-3639815   3,382  
373 Part IV Line 4z   2020 83-4689392   34  
374 Part IV Line 4z   2020 27-2996434   462,213  
375 Part IV Line 4z   2020 27-2996434   9,244  
376 Part IV Line 4z   2020 26-3639815   84,746  
377 Part IV Line 4z   2021 27-2996434   51,808  
378 Part IV Line 4z   2021 27-2996434   961  
379 Part IV Line 4z   2022 27-2996434   111,241  
380 Part IV Line 4z   2022 27-2996434   2,225  
381 Part IV Line 4z   2022 26-3639815   2,136  
382 Part IV Line 5         6,526,171  
383 Part IV Line 6         9,572,551  
Form 3800 (2023)
Additional Data


Software ID:  
Software Version:  
Form 8949

Department of the Treasury
Internal Revenue Service

Sales and Other Dispositions of Capital Assets
File with your Schedule D to list your transactions for lines 1b, 2, 3, 8b, 9, and 10 of Schedule D.
Go to www.irs.gov/Form8949 for instructions and the latest information.
OMB No. 1545-0074
2023
Attachment
Sequence No. 12A
Name(s) shown on return
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
Social security number or taxpayer identification number
94-1156365
Before you check Box A, B, or C below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part I
Short-Term. Transactions involving capital assets you held 1 year or less are generally short term (see instructions). For long-term transactions, see page 2.
Note: You may aggregate all short-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 1a; you aren't required to report these transactions on Form 8949 (see instructions).
You must check Box A, B, or C below. Check only one box. If more than one box applies for your short-term transactions, complete a separate Form 8949, page 1, for each applicable box. If you have more short-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)
(c)
Date sold or
disposed of
(Mo., day, yr.)
(d)
Proceeds
(sales price)
(see instructions)
(e)
Cost or other basis
See the Note below
and see Column (e)
in the separate
instructions.
Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.
(h)
Gain or (loss)
Subtract column (e)
from column (d) and
combine the result
with column (g).
(f)
Code(s) from
instructions
(g)
Amount of
adjustment
FROM SCHEDULES K-1 (FORM 1065)   (   )
    2,313,211
FROM 6781, PART I   (   )
    32,208

 

 

 

 

 

 

 

 

 

 

 

 
2 Totals. Add the amounts in columns (d), (e), (g), and (h) (subtract negative amounts). Enter each total here and include on your Schedule D, line 1b (if Box A above is checked), line 2 (if Box B above is checked), or line 3 (if Box C above is checked). .......Small Right Arrow
  (   )   2,345,419
Note: If you checked Box A above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.
For Paperwork Reduction Act Notice, see your tax return instructions.
Cat. No. 37768Z
Form 8949 (2023)
Form 8949 (2023)
Attachment Sequence No. 12A Page 2
Name(s) shown on return. Name and SSN or taxpayer identification no. not required if shown on other side
THE BOARD OF TRUSTEES OF THE LELAND
STANFORD JUNIOR UNIVERSITY
Social security number or taxpayer identification number
94-1156365
Before you check Box D, E, or F below, see whether you received any Form(s) 1099-B or substitute statement(s) from your broker. A substitute statement will have the same information as Form 1099-B. Either will show whether your basis (usually your cost) was reported to the IRS by your broker and may even tell you which box to check.
Part II
Long-Term. Transactions involving capital assets you held more than 1 year are generally long term (see instructions). For short-term transactions, see page 1.
Note: You may aggregate all long-term transactions reported on Form(s) 1099-B showing basis was reported to the IRS and for which no adjustments or codes are required. Enter the totals directly on Schedule D, line 8a; you aren't required to report these transactions on Form 8949 (see instructions).
You must check Box D, E, or F below. Check only one box. If more than one box applies for your long-term transactions, complete a separate Form 8949, page 2, for each applicable box. If you have more long-term transactions than will fit on this page for one or more of the boxes, complete as many forms with the same box checked as you need.

1
(a)
Description of property
(Example: 100 sh. XYZ Co.)
(b)
Date acquired
(Mo., day, yr.)
(c)
Date sold or
disposed of
(Mo., day, yr.)
(d)
Proceeds
(sales price)
(see instructions)
(e)
Cost or other basis
See the Note below
and see Column (e)
in the separate
instructions.
Adjustment, if any, to gain or loss.
If you enter an amount in column (g),
enter a code in column (f).
See the separate instructions.
(h)
Gain or (loss)
Subtract column (e)
from column (d) and
combine the result
with column (g).
(f)
Code(s) from
instructions
(g)
Amount of
adjustment
FROM SCHEDULES K-1 (FORM 1065)   (   )
    4,929,080
FROM 6781, PART I   (   )
    48,313

 

 

 

 

 

 

 

 

 

 

 

 
2 Totals. Add the amounts in columns (d), (e), (g), and (h)(subtract negative amounts). Enter each total here and include on your Schedule D, line 8b (if Box D above is checked), line 9 (if Box E above is checked), or line 10 (if Box F above is checked) ..........Small Right Arrow Image
  (   )   4,977,393
Note: If you checked Box D above but the basis reported to the IRS was incorrect, enter in column (e) the basis as reported to the IRS, and enter an adjustment in column (g) to correct the basis. See Column (g) in the separate instructions for how to figure the amount of the adjustment.
Form 8949 (2023)
Additional Data


Software ID:  
Software Version: