THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization: THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY (EIN 94-1156365)
Tax period: 2024-09-01 to 2025-08-31
Filed: 2026-07-15
IRS object ID: 202621979349300242
Schema version: 2024v5.2
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990
Schedule A
Schedule B
Schedule C
Schedule D
Schedule E
Schedule F
Schedule G
Schedule I
Schedule J
Schedule K
Schedule K
Schedule K
Schedule K
Schedule L
Schedule M
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2026-07-15T16:24:28-05:00	ReturnTs
Tax Period End	2025-08-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PwC US Tax LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2001 MARKET ST SUITE 1800	AddressLine1Txt
City	PHILADELPHIA	CityNm
State Abbreviation	PA	StateAbbreviationCd
ZIP	19103	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2024-09-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	941156365	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE BOARD OF TRUSTEES OF THE LELAND	BusinessNameLine1Txt
Business Name Line2	STANFORD JUNIOR UNIVERSITY	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
In Care Of	% SUPRIYA S PAI	InCareOfNm
Business Name Control	BOAR	BusinessNameControlTxt
Phone	6504986259	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	415 BROADWAY MAIL CODE 8442	AddressLine1Txt
City	REDWOOD CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94063	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ANNE SWEENEY-HOY	PersonNm
Person Title	TAX DIRECTOR	PersonTitleTxt
Phone	6507253276	PhoneNum
Signature	2026-07-06	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	ROBERT W FRIZ	PreparerPersonNm
PTIN	P00438748	PTIN
Phone	2673303000	PhoneNum
Preparation	2026-07-07	PreparationDt

Field	Value	IRS element (for citing)
Tax	2024	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	STANFORD UNIVERSITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	JONATHAN D LEVIN	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	415 BROADWAY MAIL CODE 8442	AddressLine1Txt
City	REDWOOD CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94063	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$27,821,097,634	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.STANFORD.EDU	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1885	FormationYr
Legal Domicile State	CA	LegalDomicileStateCd
Activity Or Mission	STANFORD UNIVERSITY IS ONE OF A SELECT GROUP OF AMERICAN UNIVERSITIES THAT HAVE ACHIEVED EMINENCE IN BOTH UNDERGRADUATE AND GRADUATE EDUCATION AND RESEARCH - CONT'D SCH O.	ActivityOrMissionDesc
Voting Members Governing Body	32	VotingMembersGoverningBodyCnt
Voting Members Independent	30	VotingMembersIndependentCnt
Total Employee	45075	TotalEmployeeCnt
Total Volunteers	13000	TotalVolunteersCnt
Total Gross UBI	$341,318,118	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$99,501,257	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$3,028,978,313	PYContributionsGrantsAmt
CY Contributions Grants	$3,260,422,592	CYContributionsGrantsAmt
PY Program Service Revenue	$3,833,786,289	PYProgramServiceRevenueAmt
CY Program Service Revenue	$4,117,484,541	CYProgramServiceRevenueAmt
PY Investment Income	$2,466,063,390	PYInvestmentIncomeAmt
CY Investment Income	$2,541,031,905	CYInvestmentIncomeAmt
PY Other Revenue	$212,751,843	PYOtherRevenueAmt
CY Other Revenue	$233,669,652	CYOtherRevenueAmt
PY Total Revenue	$9,541,579,835	PYTotalRevenueAmt
CY Total Revenue	$10,152,608,690	CYTotalRevenueAmt
PY Grants And Similar Paid	$805,429,077	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$887,704,139	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$5,460,272,991	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$5,963,697,901	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$1,856,659	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$288,100	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$155,295,890	CYTotalFundraisingExpenseAmt
PY Other Expenses	$2,664,831,399	PYOtherExpensesAmt
CY Other Expenses	$2,834,440,593	CYOtherExpensesAmt
PY Total Expenses	$8,932,390,126	PYTotalExpensesAmt
CY Total Expenses	$9,686,130,733	CYTotalExpensesAmt
PY Revenues Less Expenses	$609,189,709	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$466,477,957	CYRevenuesLessExpensesAmt
Total Assets BOY	$63,332,330,950	TotalAssetsBOYAmt
Total Assets EOY	$68,719,825,443	TotalAssetsEOYAmt
Total Liabilities BOY	$10,864,742,803	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$12,916,305,106	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$52,467,588,147	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$55,803,520,337	NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part III	Yes (X)	InfoInScheduleOPartIIIInd
Mission	STANFORD UNIVERSITY IS ONE OF A SELECT GROUP OF AMERICAN UNIVERSITIES THAT HAVE ACHIEVED EMINENCE IN BOTH UNDERGRADUATE AND GRADUATE EDUCATION AND RESEARCH - CONT'D SCH O.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$3,612,355,632	ExpenseAmt
Grant	$760,566,025	GrantAmt
Revenue	$1,488,789,834	RevenueAmt
Desc	STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS (EXPENSES $3,612,355,632 INCLUDING GRANTS OF $760,566,025; REVENUE $1,488,789,834) STUDENT FINANCIAL AID: INCLUDES MERIT AND NEED-BASED SCHOLARSHIPS AND FELLOWSHIPS. INSTRUCTION AND DEPARTMENTAL RESEARCH: INCLUDES THE SALARIES, FRINGE BENEFITS AND SUPPLIES NECESSARY TO TEACH 17,314 STUDENTS, INCLUDING 7,289 UNDERGRADUATE AND 10,025 GRADUATE AND PROFESSIONAL SCHOOL STUDENTS. STANFORD'S 2,402 PERSON FACULTY INCLUDES 20 NOBEL LAUREATES ARE CURRENTLY MEMBERS OF THE STANFORD COMMUNITY. STANFORD HAS SEVEN SCHOOLS: BUSINESS, DOERR SCHOOL OF SUSTAINABILITY, EDUCATION, ENGINEERING, HUMANITIES AND SCIENCES, LAW, AND MEDICINE. UNDERGRADUATES CHOOSE AMONG 67 MAJORS AND ARE ENCOURAGED TO LEARN CRITICAL THINKING SKILLS THROUGH RESEARCH. SEVEN SCHOOLS ON ONE CAMPUS OFFER STUDENTS' BOUNDLESS OPPORTUNITIES TO PURSUE THEIR PASSIONS AND COLLABORATE ON SOLVING COMPLEX GLOBAL PROBLEMS. IN CLOSE INTERACTION WITH FACULTY, STANFORD STUDENTS CREATE AND APPLY KNOWLEDGE BY THINKING AND DOING, PREPARING FOR LEADERSHIP IN A RAPIDLY CHANGING WORLD.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$1,878,872,819	ExpenseAmt
Grant	$27,648,000	GrantAmt
Revenue	$322,839,848	RevenueAmt
Desc	STATEMENT OF PROGRAM SERVICE ACCOMPLISHMENTS (EXPENSES $1,878,872,819 INCLUDING GRANTS OF $27,648,000; REVENUE $322,839,848) ORGANIZED RESEARCH: RESEARCH IS INTEGRAL TO THE EDUCATIONAL MISSION OF STANFORD AND INVOLVES FACULTY, GRADUATE STUDENTS, AND UNDERGRADUATES WHO SEEK NEW KNOWLEDGE IN SERVICE TO HUMANITY. STANFORD FACULTY MEMBERS HAVE CONTRIBUTED TO ADVANCEMENTS IN HIGH TECH, INCLUDING THE CREATION OF DIGITAL SUBSCRIBER LINES, IDENTITY-BASED ENCRYPTION, GLOBAL POSITIONING SYSTEMS AND THE REDUCED INSTRUCTION SET COMPUTER, AMONG OTHER DISCOVERIES; DISEASE IDENTIFICATION AND MANAGEMENT, INCLUDING PROGRAMS USED BY MORE THAN 500 ORGANIZATIONS WORLDWIDE CONCERNED WITH CHRONIC HEALTH PROBLEMS SUCH AS ARTHRITIS AND HIV/AIDS; AND GENOME SEQUENCING, INCLUDING DISCOVERIES THAT CREATED THE FIELD OF GENETIC ENGINEERING. TODAY'S STANFORD FACULTY MEMBERS ARE LEADERS IN NEUROSCIENCE, ENERGY, STEM CELL RESEARCH, ARTIFICIAL INTELLIGENCE, NANOTECHNOLOGY, BIOENGINEERING, COMPUTING TECHNOLOGY, REFORM OF OUR NATION'S SCHOOLS AND ENVIRONMENTAL SUSTAINABILITY. THROUGH BOTH BASIC AND APPLIED RESEARCH, STANFORD IS COMMITTED TO PROVIDING NEW KNOWLEDGE THAT FUELS OUR NATIONAL ECONOMY AND TO TRAINING GRADUATE STUDENTS WHO WILL BECOME TOMORROW'S TEACHERS AND RESEARCHERS. ENTREPRENEURIAL STANFORD FACULTY MEMBERS ARE KNOWN FOR THEIR ABILITY TO CROSS INTERDISCIPLINARY BOUNDARIES TO CREATE TEAMS OF RESEARCHERS ABLE TO PROVIDE NEW INSIGHTS TO COMPLEX, WORLDWIDE PROBLEMS.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$1,437,486,089	ExpenseAmt
Grant	$1,000,814	GrantAmt
Revenue	$2,126,156,035	RevenueAmt
Desc	STATEMENT OF PROGRAM SERVICES ACCOMPLISHMENTS (EXPENSES $1,437,486,089 INCLUDING GRANTS OF $1,000,814; REVENUE $2,126,156,035) HEALTH CARE SERVICES: STANFORD SCHOOL OF MEDICINE FACULTY MEMBERS ARE HEALTH-CARE PRACTITIONERS AS WELL AS TEACHERS, COMBINING EXPERTISE HONED BY RESEARCH WITH THE MOST ADVANCED TECHNOLOGY TO TREAT PATIENTS AT STANFORD HEALTH CARE AND THE LUCILE PACKARD CHILDREN'S HOSPITAL. STANFORD FACULTY AND OTHER HEALTH CARE PROFESSIONALS, PROVIDE APPROXIMATELY 91% OF THE PATIENT CARE AT STANFORD HEALTH CARE AND 94% OF THE PEDIATRIC CARE AT LUCILE PACKARD CHILDREN'S HOSPITAL.	Desc

Field	Value	IRS element (for citing)
Total Other Prog Srvc Expense	$1,655,541,985	TotalOtherProgSrvcExpenseAmt
Total Other Prog Srvc Grant	$98,499,300	TotalOtherProgSrvcGrantAmt
Total Other Prog Srvc Revenue	$179,698,824	TotalOtherProgSrvcRevenueAmt
Total Program Service Expenses	$8,584,256,525	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	Yes (true)	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	Yes (true)	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	Yes (true)	CollectionsOfArtInd
Credit Counseling	false	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (true)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	Yes (true)	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (true)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	false	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (true)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (true)	SchoolOperatingInd
Foreign Office	Yes (true)	ForeignOfficeInd
Foreign Activities	Yes (true)	ForeignActivitiesInd
More Than5000 K To Org	Yes (true)	MoreThan5000KToOrgInd
More Than5000 K To Individuals	Yes (true)	MoreThan5000KToIndividualsInd
Professional Fundraising	Yes (true)	ProfessionalFundraisingInd
Fundraising Activities	Yes (true)	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	Yes (true)	GrantsToIndividualsInd
Schedule J Required	Yes (true)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (true)	TaxExemptBondsInd
Invest Tax Exempt Bonds	false	InvestTaxExemptBondsInd
Escrow Account	false	EscrowAccountInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	Yes (true)	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	Yes (true)	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	false	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (true)	DeductibleNonCashContriInd
Deductible Art Contribution	Yes (true)	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	Yes (true)	DisregardedEntityInd
Related Entity	Yes (true)	RelatedEntityInd
Related Organization Ctrl Ent	Yes (true)	RelatedOrganizationCtrlEntInd
Transaction With Control Ent	Yes (true)	TransactionWithControlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	Yes (true)	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
Info In Schedule O Part V	Yes (X)	InfoInScheduleOPartVInd
IRP Document	31516	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	45075	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Foreign Financial Account	Yes (true)	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (true)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (true)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	Yes (true)	Form8282PropertyDisposedOfInd
Form8282 Filed	9	Form8282FiledCnt
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	Yes (true)	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	Yes (true)	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	32	GoverningBodyVotingMembersCnt
Independent Voting Member	30	IndependentVotingMemberCnt
Family Or Business Rln	Yes (true)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	Yes (true)	CompensationProcessCEOInd
Compensation Process Other	Yes (true)	CompensationProcessOtherInd
Investment In Joint Venture	false	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	CA	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	NY	StatesWhereCopyOfReturnIsFldCd
States Where Copy Of Return Is Fld	OK	StatesWhereCopyOfReturnIsFldCd
Own Website	Yes (X)	OwnWebsiteInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Field	Value	IRS element (for citing)
Person	SUPRIYA S PAI	PersonNm
Phone	6504986259	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	415 BROADWAY MAIL CODE 8442	AddressLine1Txt
City	REDWOOD CITY	CityNm
State Abbreviation	CA	StateAbbreviationCd
ZIP	94063	ZIPCd

Field	Value	IRS element (for citing)
Info In Schedule O Part VII	Yes (X)	InfoInScheduleOPartVIIInd

Form990 Part VII Section A Form990PartVIISectionAGrp (57 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt	Highest Compensated EmployeeHighestCompensatedEmployeeInd	Former Ofcr Director TrusteeFormerOfcrDirectorTrusteeInd	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd
ROBERT F WALLACE
CHIEF EXECUTIVE OFFICER, SMC	50.0	0.0	Yes (X)	$5,407,651	$0	$903,851
FRANK HANLEY
CHIEF, PED CARDIOTHORACIC	50.0	0.0		$5,260,818	$0	$67,164	Yes (X)
PHILIP A PIZZO
FORMER DEAN SCHOOL OF MEDICINE	50.0	0.0		$4,156,115	$0	$0	Yes (X)
JAY KANG
SR. MD, SMC, THRU 12/19/2024	50.0	0.0		$3,849,978	$0	$92,478	Yes (X)
LLOYD B MINOR
VP MEDICAL AFFAIRS	48.0	2.0	Yes (X)	$2,987,124	$0	$740,160
TROY SCOTT TAYLOR
DIR. OF FOOTBALL, THRU 3/25/25	50.0	0.0		$3,510,344	$0	$78,198	Yes (X)
BERNARD MUIR
ATHLETICS DIR, THRU 8/31/2025	50.0	0.0		$3,226,875	$0	$254,349	Yes (X)
ROBERT C REIDY
VP LAND, BUILDINGS, REAL EST	50.0	0.0	Yes (X)	$1,999,075	$0	$346,474
RICHARD P SALLER
FORMER PRESIDENT	50.0	0.0		$1,898,915	$0	$141,374		Yes (X)
JENNY MARTINEZ
PROVOST	50.0	0.0	Yes (X)	$1,269,773	$0	$432,747
MARTIN SHELL
VP & CHIEF ERO, INTERIM VP DEV	50.0	0.0	Yes (X)	$1,438,380	$0	$194,944
JONATHAN D LEVIN
PRESIDENT/TRUSTEE	50.0	0.0	Yes (X)	$1,306,218	$0	$258,667			Yes (X)
MARC TESSIER-LAVIGNE
FORMER PRESIDENT	50.0	0.0		$1,296,742	$0	$181,203		Yes (X)
PERSIS DRELL
FORMER PROVOST	50.0	0.0		$931,768	$0	$320,374		Yes (X)
RANDALL LIVINGSTON
VP BUS AFF/CFO, THRU 8/31/2025	48.0	2.0	Yes (X)	$971,256	$0	$202,739
DEBRA ZUMWALT
VP GENERAL COUNSEL	50.0	0.0	Yes (X)	$987,300	$0	$177,843
JON DENNEY
VP DEVELOPMENT, THRU 6/6/2025	50.0	0.0	Yes (X)	$1,034,165	$0	$81,586
MEGAN PIERSON
VP UNIVERSITY AFFAIRS	50.0	0.0	Yes (X)	$808,915	$0	$252,982
ELIZABETH ZACHARIAS
VP HUMAN RESOURCES	50.0	0.0	Yes (X)	$657,210	$0	$370,250
HOWARD WOLF
VP ALUM AFFAIR,PRES ALUM ASSOC	50.0	0.0	Yes (X)	$676,205	$0	$275,624
KATHRYN ANN MOLER
VP OF SLAC, APPT 9/23/2024	50.0	0.0	Yes (X)	$833,248	$0	$101,815
RYAN M ADESNIK
VP GOVERNMENT AFFAIRS	50.0	0.0	Yes (X)	$527,247	$0	$189,096
FARNAZ KHADEM
VP COMMUNICATION	50.0	0.0	Yes (X)	$590,164	$0	$64,424
DEBORAH CULLINAN
VP ARTS	50.0	0.0	Yes (X)	$541,040	$0	$91,927
FELIX J BAKER
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
RICHARD N BARTON
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
ANEEL BHUSRI
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
ROELOF F BOTHA
TRUSTEE, APPOINTED 12/1/2024	5.0	0.0		$0	$0	$0			Yes (X)
AMY M BROOKS
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
STACY BROWN-PHILPOT
TRUSTEE, APPOINT 2/1/2025	5.0	0.0		$0	$0	$0			Yes (X)
MARISA D BRUTOCO
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
DEANGELA J BURNS-WALLACE
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
MICHAEL C CAMUNEZ
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
JAMES G COULTER
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
ROBERTA B DENNING
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
KATHERINE B DUHAMEL
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
JOSE E FELICIANO
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
HENRY A FERNANDEZ
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
ANGELA S FILO
TRUSTEE, THROUGH 3/31/2025	5.0	0.0		$0	$0	$0			Yes (X)
SAKURAKO D FISHER
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
MARC E JONES
TRUSTEE	5.0	2.0		$0	$0	$0			Yes (X)
SARAH H KETTERER
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
JOHN B KLEINHEINZ
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
JANE A LAUDER
TRUSTEE, APPOINTED 2/1/2025	5.0	0.0		$0	$0	$0			Yes (X)
MARC S LIPSCHULTZ
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
KENNETH E OLIVIER
TRUSTEE, THROUGH 11/30/2024	5.0	0.0		$0	$0	$0			Yes (X)
CARRIE W PENNER
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
NADIA N RAWLINSON
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
PETER SALOVEY
TRUSTEE, APPOINTED 12/1/2024	5.0	0.0		$0	$0	$0			Yes (X)
LILY SARAFAN
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
AMIT SINHA
TRUSTEE	5.0	4.0		$0	$0	$0			Yes (X)
ELIZABETH H WEATHERMAN
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
MAURICE C WERDEGAR
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
CLARA WU TSAI
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
JERRY YANG
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
CHARLES D YOUNG
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)
GIUSEPPE P ZOCCO
TRUSTEE	5.0	0.0		$0	$0	$0			Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$46,166,526	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$5,820,269	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	13868	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	Yes (true)	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (true)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (5 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
THE WHITING-TURNER CONTRACTING CO
PO BOX 17596	BALTIMORE	MD	21297	CONSTRUCTION	$84,784,641
MCCARTHY BUILDING COMPANIES INC
1265 BATTERY ST 3RD FL	SAN FRANCISCO	CA	94111	CONSTRUCTION	$54,836,169
VANCE BROWN INC
2585 E BAYSHORE RD	PALO ALTO	CA	94303	CONSTRUCTION	$32,923,436
THE CORE GROUP
1510 S WINCHESTER BLVD	SAN JOSE	CA	95128	CONSTRUCTION	$32,268,890
GORDEN PRILL INC
310 E CARIBBEAN DR	SUNNYVALE	CA	94089	CONSTRUCTION	$31,957,901

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	1066	CntrctRcvdGreaterThan100KCnt
Fundraising	$2,635,659	FundraisingAmt
Government Grants	$1,796,677,091	GovernmentGrantsAmt
All Other Contributions	$1,461,109,842	AllOtherContributionsAmt
Noncash Contributions	$393,672,140	NoncashContributionsAmt
Total Contributions	$3,260,422,592	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (5 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt	Unrelated Business RevenueUnrelatedBusinessRevenueAmt
STUDENT INCOME	900099	$1,318,419,961	$1,318,419,961
GOVT.& NON GOVT. CONTRACT	900099	$322,839,848	$322,839,848
PATIENT CARE	900099	$2,126,156,035	$2,126,156,035
SPECIAL PROGRAMS	900099	$347,541,044	$347,541,044
DRIVING RANGE	900099	$2,106,986	$502,892	$1,604,094

Total Oth Program Service Rev TotalOthProgramServiceRevGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$420,667	TotalRevenueColumnAmt
Unrelated Business Revenue	$420,667	UnrelatedBusinessRevenueAmt

Field	Value	IRS element (for citing)
Total Program Service Revenue	$4,117,484,541	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$762,971,905	TotalRevenueColumnAmt
Unrelated Business Revenue	$288,026,413	UnrelatedBusinessRevenueAmt
Exclusion	$474,945,492	ExclusionAmt

Incm From Invest Bond Proceeds IncmFromInvestBondProceedsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$5,471,417	TotalRevenueColumnAmt
Exclusion	$5,471,417	ExclusionAmt

Royalties Revenue RoyaltiesRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,549,393	TotalRevenueColumnAmt
Exclusion	$10,549,393	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$260,038,154	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$39,716,385	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$220,321,769	RealAmt
Personal	$0	PersonalAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$220,321,769	TotalRevenueColumnAmt
Exclusion	$220,321,769	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$19,396,853,234	SecuritiesAmt
Other	$1,377,000	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$17,624,094,861	SecuritiesAmt
Other	$1,546,790	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$1,772,758,373	SecuritiesAmt
Other	-$169,790	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,772,588,583	TotalRevenueColumnAmt
Unrelated Business Revenue	$51,266,944	UnrelatedBusinessRevenueAmt
Exclusion	$1,721,321,639	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$300,737	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$2,635,659	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$764,560	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	-$463,823	TotalRevenueColumnAmt
Exclusion	-$463,823	ExclusionAmt

Field	Value	IRS element (for citing)
Gaming Gross Income	$0	GamingGrossIncomeAmt
Gaming Direct Expenses	$0	GamingDirectExpensesAmt

Net Income From Gaming NetIncomeFromGamingGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$0	TotalRevenueColumnAmt

Field	Value	IRS element (for citing)
Gross Sales Of Inventory	$5,628,661	GrossSalesOfInventoryAmt
Cost Of Goods Sold	$2,366,348	CostOfGoodsSoldAmt

Net Income Or Loss NetIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$3,262,313	TotalRevenueColumnAmt
Exclusion	$3,262,313	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$0	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,152,608,690	TotalRevenueColumnAmt
Related Or Exempt Func Income	$4,115,459,780	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$341,318,118	UnrelatedBusinessRevenueAmt
Exclusion	$2,435,408,200	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$112,223,665	TotalAmt
Program Services	$112,223,665	ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

Field	Value	IRS element (for citing)
Total	$758,600,554	TotalAmt
Program Services	$758,600,554	ProgramServicesAmt

Foreign Grants ForeignGrantsGrp

Field	Value	IRS element (for citing)
Total	$16,879,920	TotalAmt
Program Services	$16,879,920	ProgramServicesAmt

Benefits To Members BenefitsToMembersGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$22,998,825	TotalAmt
Program Services	$8,049,589	ProgramServicesAmt
Management And General	$13,109,330	ManagementAndGeneralAmt
Fundraising	$1,839,906	FundraisingAmt

Comp Disqual Persons CompDisqualPersonsGrp

Field	Value	IRS element (for citing)
Total	$4,244,500	TotalAmt
Program Services	$2,716,480	ProgramServicesAmt
Management And General	$0	ManagementAndGeneralAmt
Fundraising	$1,528,020	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$4,753,938,112	TotalAmt
Program Services	$4,333,667,826	ProgramServicesAmt
Management And General	$318,623,145	ManagementAndGeneralAmt
Fundraising	$101,647,141	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$296,565,277	TotalAmt
Program Services	$243,741,876	ProgramServicesAmt
Management And General	$46,530,784	ManagementAndGeneralAmt
Fundraising	$6,292,617	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$627,252,683	TotalAmt
Program Services	$515,237,812	ProgramServicesAmt
Management And General	$98,669,458	ManagementAndGeneralAmt
Fundraising	$13,345,413	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$258,698,504	TotalAmt
Program Services	$212,340,301	ProgramServicesAmt
Management And General	$40,834,235	ManagementAndGeneralAmt
Fundraising	$5,523,968	FundraisingAmt

Fees For Services Management FeesForServicesManagementGrp

Field	Value	IRS element (for citing)
Total	$9,807,602	TotalAmt
Program Services	$9,768,056	ProgramServicesAmt
Management And General	$39,546	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$30,318,696	TotalAmt
Program Services	$8,329,116	ProgramServicesAmt
Management And General	$21,862,031	ManagementAndGeneralAmt
Fundraising	$127,549	FundraisingAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$2,505,703	TotalAmt
Program Services	$321,293	ProgramServicesAmt
Management And General	$2,184,215	ManagementAndGeneralAmt
Fundraising	$195	FundraisingAmt

Fees For Services Lobbying FeesForServicesLobbyingGrp

Field	Value	IRS element (for citing)
Total	$262,549	TotalAmt
Program Services	$9,039	ProgramServicesAmt
Management And General	$253,493	ManagementAndGeneralAmt
Fundraising	$17	FundraisingAmt

Fees For Services Prof Fundraising FeesForServicesProfFundraising

Field	Value	IRS element (for citing)
Total	$288,100	TotalAmt
Fundraising	$288,100	FundraisingAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,716,380	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$2,716,380	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$450,622,967	TotalAmt
Program Services	$368,988,981	ProgramServicesAmt
Management And General	$77,294,540	ManagementAndGeneralAmt
Fundraising	$4,339,446	FundraisingAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$6,526,932	TotalAmt
Program Services	$6,509,289	ProgramServicesAmt
Management And General	$6,434	ManagementAndGeneralAmt
Fundraising	$11,209	FundraisingAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$338,793,134	TotalAmt
Program Services	$324,264,553	ProgramServicesAmt
Management And General	$13,024,830	ManagementAndGeneralAmt
Fundraising	$1,503,751	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$53,920,085	TotalAmt
Program Services	$27,676,779	ProgramServicesAmt
Management And General	$25,794,457	ManagementAndGeneralAmt
Fundraising	$448,849	FundraisingAmt

Royalties RoyaltiesGrp

Field	Value	IRS element (for citing)
Total	$14,146,018	TotalAmt
Program Services	$8,490,941	ProgramServicesAmt
Management And General	$5,651,442	ManagementAndGeneralAmt
Fundraising	$3,635	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$395,569,709	TotalAmt
Program Services	$343,945,152	ProgramServicesAmt
Management And General	$47,779,092	ManagementAndGeneralAmt
Fundraising	$3,845,465	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$114,884,392	TotalAmt
Program Services	$107,523,187	ProgramServicesAmt
Management And General	$4,164,845	ManagementAndGeneralAmt
Fundraising	$3,196,360	FundraisingAmt

Pymt Travel Entrtnmnt Pub Ofcl PymtTravelEntrtnmntPubOfclGrp

Field	Value	IRS element (for citing)
Total	$10,062	TotalAmt
Program Services	$0	ProgramServicesAmt
Management And General	$10,062	ManagementAndGeneralAmt
Fundraising	$0	FundraisingAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$16,237,747	TotalAmt
Program Services	$15,297,283	ProgramServicesAmt
Management And General	$826,360	ManagementAndGeneralAmt
Fundraising	$114,104	FundraisingAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$202,613,162	TotalAmt
Program Services	$170,248,634	ProgramServicesAmt
Management And General	$31,185,629	ManagementAndGeneralAmt
Fundraising	$1,178,899	FundraisingAmt

Payments To Affiliates PaymentsToAffiliatesGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$567,983,055	TotalAmt
Program Services	$506,118,256	ProgramServicesAmt
Management And General	$57,375,985	ManagementAndGeneralAmt
Fundraising	$4,488,814	FundraisingAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$13,081,968	TotalAmt
Program Services	-$777,494	ProgramServicesAmt
Management And General	$13,818,321	ManagementAndGeneralAmt
Fundraising	$41,141	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
SLAC CONSTRUCTION	$326,736,382	$326,408,802	$310,802	$16,778
RESEARCH SUBAWARDS	$157,250,088	$157,176,763	$73,189	$136
EQUIPMENT RENT & MAINTENANCE	$46,156,812	$42,227,239	$3,761,643	$167,930
PRINTING & PUBLICATION	$11,466,548	$9,256,519	$835,724	$1,374,305

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$72,830,602	TotalAmt
Program Services	-$50,983,886	ProgramServicesAmt
Management And General	$119,842,346	ManagementAndGeneralAmt
Fundraising	$3,972,142	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$9,686,130,733	TotalAmt
Program Services	$8,584,256,525	ProgramServicesAmt
Management And General	$946,578,318	ManagementAndGeneralAmt
Fundraising	$155,295,890	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$73,691	BOYAmt
EOY	$72,058	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$886,153,033	BOYAmt
EOY	$1,846,321,803	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$2,543,622,445	BOYAmt
EOY	$2,559,923,668	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$729,275,039	BOYAmt
EOY	$872,215,462	EOYAmt

Receivables From Officers Etc ReceivablesFromOfficersEtcGrp

Field	Value	IRS element (for citing)
BOY	$2,643,684	BOYAmt
EOY	$3,902,656	EOYAmt

Rcvbl From Disqualified Prsn RcvblFromDisqualifiedPrsnGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Oth Notes Loans Receivable Net OthNotesLoansReceivableNetGrp

Field	Value	IRS element (for citing)
BOY	$1,240,056,185	BOYAmt
EOY	$1,357,420,631	EOYAmt

Inventories For Sale Or Use InventoriesForSaleOrUseGrp

Field	Value	IRS element (for citing)
BOY	$6,065,255	BOYAmt
EOY	$6,686,585	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$105,549,745	BOYAmt
EOY	$106,421,212	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$16,469,471,346	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$7,678,428,159	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$8,690,768,005	BOYAmt
EOY	$8,791,043,187	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$9,854,590,751	BOYAmt
EOY	$9,373,200,501	EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

Field	Value	IRS element (for citing)
BOY	$38,651,032,630	BOYAmt
EOY	$43,111,814,790	EOYAmt

Investments Program Related InvestmentsProgramRelatedGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Intangible Assets IntangibleAssetsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$622,500,487	BOYAmt
EOY	$690,802,890	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$63,332,330,950	BOYAmt
EOY	$68,719,825,443	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$1,113,185,066	BOYAmt
EOY	$1,178,898,322	EOYAmt

Grants Payable GrantsPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$1,847,945,958	BOYAmt
EOY	$2,005,773,375	EOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,335,410,000	BOYAmt
EOY	$2,581,375,000	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Loans From Officers Directors LoansFromOfficersDirectorsGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$3,171,969,386	BOYAmt
EOY	$3,670,232,875	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$0	BOYAmt
EOY	$0	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$2,396,232,393	BOYAmt
EOY	$3,480,025,534	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$10,864,742,803	BOYAmt
EOY	$12,916,305,106	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$27,071,684,742	BOYAmt
EOY	$28,174,769,878	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$25,395,903,405	BOYAmt
EOY	$27,628,750,459	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$52,467,588,147	BOYAmt
EOY	$55,803,520,337	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$63,332,330,950	BOYAmt
EOY	$68,719,825,443	EOYAmt

Field	Value	IRS element (for citing)
Info In Schedule O Part XI	Yes (X)	InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss	$466,477,957	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$2,718,135,426	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$151,318,807	OtherChangesInNetAssetsAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	Yes (true)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (true)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,732,161,169	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,298,247,649	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,468,332,075	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,028,978,313	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,260,422,592	CurrentTaxYearAmt
Total	$15,788,141,798	TotalAmt

Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$2,732,161,169	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$3,298,247,649	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$3,468,332,075	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$3,028,978,313	CurrentTaxYearMinus1YearAmt
Current Tax Year	$3,260,422,592	CurrentTaxYearAmt
Total	$15,788,141,798	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$726,327,066	SubstantialContributorsTotAmt
Public Support Total170	$15,061,814,732	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$435,266,629	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$488,368,872	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$496,531,816	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$701,164,163	CurrentTaxYearMinus1YearAmt
Current Tax Year	$751,004,456	CurrentTaxYearAmt
Total	$2,872,335,936	TotalAmt

Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$5,618,565	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$4,888,809	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$6,645,138	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$6,641,055	CurrentTaxYearMinus1YearAmt
Current Tax Year	$5,929,398	CurrentTaxYearAmt
Total	$29,722,965	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$18,690,200,699	TotalSupportAmt
Gross Receipts Rltd Activities	$17,981,722,591	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.80587	PublicSupportCY170Pct
Public Support PY170	0.81029	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule C IRS990ScheduleC

Field	Value	IRS element (for citing)
Total Grassroots Lobbying		TotalGrassrootsLobbyingGrp
Total Direct Lobbying		TotalDirectLobbyingGrp
Total Lobbying Expend		TotalLobbyingExpendGrp
Other Exempt Purpose Expend		OtherExemptPurposeExpendGrp
Total Exempt Purpose Expend		TotalExemptPurposeExpendGrp
Lobbying Nontaxable Amount		LobbyingNontaxableAmountGrp
Grassroots Nontaxable		GrassrootsNontaxableGrp
Tot Lbbyng Grassroot Mns Non Tx		TotLbbyngGrassrootMnsNonTxGrp
Tot Lbby Expend Mns Lbbyng Non Tx		TotLbbyExpendMnsLbbyngNonTxGrp
Volunteers	Yes (true)	VolunteersInd
Paid Staff Or Management	Yes (true)	PaidStaffOrManagementInd
Media Advertisements	Yes (true)	MediaAdvertisementsInd
Media Advertisements	$379	MediaAdvertisementsAmt
Mailings Members	Yes (true)	MailingsMembersInd
Mailings Members	$194,483	MailingsMembersAmt
Publications Or Broadcast	Yes (true)	PublicationsOrBroadcastInd
Publications Or Broadcast	$379	PublicationsOrBroadcastAmt
Grants Other Organizations	false	GrantsOtherOrganizationsInd
Direct Contact Legislators	Yes (true)	DirectContactLegislatorsInd
Direct Contact Legislators	$881,997	DirectContactLegislatorsAmt
Rallies Demonstrations	Yes (true)	RalliesDemonstrationsInd
Rallies Demonstrations	$130,560	RalliesDemonstrationsAmt
Other Activities	Yes (true)	OtherActivitiesInd
Other Activities	$207,319	OtherActivitiesAmt
Total Lobbying Expenditures	$1,415,117	TotalLobbyingExpendituresAmt
Not Described Section501c3	false	NotDescribedSection501c3Ind
Form4720 Filed4912 Tax	0	Form4720Filed4912TaxInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART II-B - LOBBYING ACTIVITY EXPLANATION	FormAndLineReferenceDesc
Explanation	AN INSUBSTANTIAL PORTION OF STANFORD UNIVERSITY'S TOTAL ACTIVITIES INVOLVED LEGISLATIVE AND REGULATORY MATTERS OF DIRECT CONCERN TO HIGHER EDUCATION OR OF COMPELLING IMPORTANCE TO STANFORD IN PARTICULAR. INSTITUTIONAL EFFORTS REGARDING LEGISLATION AND REGULATION ARE DIRECTED BY THE OFFICE OF GOVERNMENT AFFAIRS. DURING FISCAL YEAR 2025, THE OFFICE CONSISTED OF NINE PROFESSIONAL STAFF MEMBERS AND FIVE SUPPORT STAFF. ACTIVITIES BY THE OFFICE OF GOVERNMENT AFFAIRS STAFF INCLUDE CONTACTS BY LETTERS, PHONE CALLS AND MEETINGS WITH LEGISLATORS, MEMBERS OF THEIR STAFFS, OR OTHER GOVERNMENT OFFICIALS, AND MEETINGS WITH LOCAL CITIZENS REGARDING STANFORD ISSUES WITH LOCAL GOVERNMENT. IN FISCAL YEAR 2025, LEGISLATIVE, EXECUTIVE, AND LOCAL REGULATORY ISSUES HANDLED BY THE UNIVERSITY INCLUDED THE FOLLOWING: LOCAL ISSUES: POLICY ADVOCACY, ZONING AND LAND USE ENTITLEMENTS RELATED TO PROPERTY OWNED BY OR OF INTEREST TO THE UNIVERSITY AND OFTEN CONTIGUOUS TO THE UNIVERSITY'S ACADEMIC CAMPUS. STATE ISSUES: COLLEGE ATHLETICS, TITLE IX, CAMPUS SAFETY, STUDENT AFFAIRS, RESEARCH POLICIES AND HEALTHCARE SERVICES. FEDERAL ISSUES: STUDENT AID AND EDUCATION POLICY ISSUES; RESEARCH POLICY; TAXATION; REIMBURSEMENT OF FEDERAL COSTS; FUNDING LEVELS OF RESEARCH (E.G. NIH, DOE, NASA, DOD, NSF, NEH); FUNDING FOR SLAC NATIONAL ACCELERATOR LABORATORY; AI RESEARCH RESOURCES; HEALTH CARE; INTELLECTUAL PROPERTY; COLLEGE ATHLETICS; AND IMMIGRATION POLICY. THE TOTAL BUDGET EXPENDED BY THE OFFICE OF GOVERNMENT AFFAIRS WAS $3,775,824 AND INCLUDES SALARY AND BENEFITS FOR NINE PROFESSIONALS AND FIVE SUPPORT STAFF, AS WELL AS OTHER COMPENSATION. THE ESTIMATED TOTAL EXPENSES IN LOBBYING, INCLUDING DIRECT PREPARATION TIME BY THE OFFICE OF GOVERNMENT AFFAIRS EMPLOYEES, AS DEFINED IN SECTION 501(C) OF THE INTERNAL REVENUE CODE AND ITS REGULATORS, AND PAYMENTS OF TRAVEL OR ENTERTAINMENT EXPENSES FOR FEDERAL OR LOCAL OFFICIALS, ARE ESTIMATED AS FOLLOWS: SALARIES, BENEFITS, % LOBBYING $ 560,767 GENERAL OFFICE OVERHEAD $ 385,629 PAID CONSULTANT, COALITION DUES $ 262,550 GRANTS TO OTHER ORGANIZATIONS $ 150,823 TRAVEL $ 55,348 TOTAL $ 1,415,117 THE TOTAL AMOUNT SPENT BY STANFORD IN LOBBYING REPRESENTS AN INSIGNIFICANT PART OF THE UNIVERSITY'S TOTAL EXPENDITURES, EVEN MAKING THE MOST GENEROUS ALLOWANCE FOR THE LOBBYING ACTIVITIES OF STANFORD UNIVERSITY EMPLOYEES OUTSIDE THE OFFICE OF GOVERNMENT AFFAIRS WORKING ON BEHALF OF THE UNIVERSITY.	ExplanationTxt

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	64	DonorAdvisedFundsHeldCnt
Funds And Other Accounts Held	46	FundsAndOtherAccountsHeldCnt
Donor Advised Funds Contri	$10,383,868	DonorAdvisedFundsContriAmt
Funds And Other Accounts Contri	$6,013,738	FundsAndOtherAccountsContriAmt
Donor Advised Funds Grants	$171,844,436	DonorAdvisedFundsGrantsAmt
Funds And Other Accounts Grants	$8,940,339	FundsAndOtherAccountsGrantsAmt
Donor Advised Funds Vl EOY	$595,860,323	DonorAdvisedFundsVlEOYAmt
Funds And Other Accounts Vl EOY	$94,733,577	FundsAndOtherAccountsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (true)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (true)	DisclosedForCharitablePrpsInd
Art Public Exhibition Amounts		ArtPublicExhibitionAmountsGrp
Held Works Art		HeldWorksArtGrp
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Coll Used Loan Or Exch Prog	Yes (X)	CollUsedLoanOrExchProgInd
Solicited Assets Sale	false	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$37,631,059,000	BeginningYearBalanceAmt
Contributions	$1,131,222,000	ContributionsAmt
Investment Earnings Or Losses	$3,970,686,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$438,752,012	GrantsOrScholarshipsAmt
Other Expenditures	$1,507,668,988	OtherExpendituresAmt
End Year Balance	$40,786,546,000	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$36,494,893,000	BeginningYearBalanceAmt
Contributions	$938,289,000	ContributionsAmt
Investment Earnings Or Losses	$2,020,189,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$415,510,998	GrantsOrScholarshipsAmt
Other Expenditures	$1,406,801,002	OtherExpendituresAmt
End Year Balance	$37,631,059,000	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$36,338,794,000	BeginningYearBalanceAmt
Contributions	$727,164,000	ContributionsAmt
Investment Earnings Or Losses	$1,165,281,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$394,305,749	GrantsOrScholarshipsAmt
Other Expenditures	$1,342,040,251	OtherExpendituresAmt
End Year Balance	$36,494,893,000	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$37,788,187,000	BeginningYearBalanceAmt
Contributions	$505,403,000	ContributionsAmt
Investment Earnings Or Losses	$91,944,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$340,758,811	GrantsOrScholarshipsAmt
Other Expenditures	$1,705,981,189	OtherExpendituresAmt
End Year Balance	$36,338,794,000	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$28,948,111,000	BeginningYearBalanceAmt
Contributions	$1,408,620,000	ContributionsAmt
Investment Earnings Or Losses	$8,761,609,000	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$325,695,774	GrantsOrScholarshipsAmt
Other Expenditures	$1,004,457,226	OtherExpendituresAmt
End Year Balance	$37,788,187,000	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.43220	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.24710	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.32070	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	Yes (true)	EndowmentsHeldRelatedOrgInd
Related Org List Sch R	Yes (true)	RelatedOrgListSchRInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$325,622,958	OtherCostOrOtherBasisAmt
Book Value	$325,622,958	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$12,025,059,843	OtherCostOrOtherBasisAmt
Depreciation	$5,179,338,578	DepreciationAmt
Book Value	$6,845,721,265	BookValueAmt

Field	Value	IRS element (for citing)
Leasehold Improvements		LeaseholdImprovementsGrp

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$2,384,730,143	OtherCostOrOtherBasisAmt
Depreciation	$1,996,184,812	DepreciationAmt
Book Value	$388,545,331	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,734,058,402	OtherCostOrOtherBasisAmt
Depreciation	$502,904,769	DepreciationAmt
Book Value	$1,231,153,633	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$8,791,043,187	TotalBookValueLandBuildingsAmt
Financial Derivatives		FinancialDerivativesGrp
Closely Held Equity Interests		CloselyHeldEquityInterestsGrp

Other Securities OtherSecuritiesGrp (11 entries)

DescDesc	Book ValueBookValueAmt	Method ValuationMethodValuationCd
CASH & CASH EQUIVALENTS	$1,157,785,827	F
ASSETS LIMITED TO USE	$816,603,913	F
DERIVATIVES	-$5,889,748	F
FIXED INCOME	$3,541,754,093	F
REAL ESTATE	$9,599,014,455	F
NATURAL RESOURCES	$1,612,121,854	F
PRIVATE EQUITIES	$21,512,276,218	F
ABSOLUTE RETURNS	$8,913,786,772	F
ASSETS HELD BY OTHER TRUSTEES	$138,754,061	F
OTHER INVESTMENTS	$923,556,373	F
HOSPITAL FUNDS IN MERGED POOL	-$5,097,949,028	F

Field	Value	IRS element (for citing)
Total Book Value Securities	$43,111,814,790	TotalBookValueSecuritiesAmt
Federal Income Tax Liability	$0	FederalIncomeTaxLiabilityAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (8 entries)

DescDesc	AmtAmt
INCOME BENEFICIARY SHARE-SPLIT	$602,474,530
LEASE LIABILITIES	$760,746,169
CURRENT AND DEFERRED EXCISE TAX	$1,136,180,931
ACCRUED EXPENSE RESERVE	$2,758,769
PENDING TRADES	$6,853,664
LIVING TRUST LIABILITY AND OTHER	$80,208,364
RELATED PARTY LIABILITY	$379,629,107
ACCRUED PENSION AND POST RETIREMENT	$511,174,000

Field	Value	IRS element (for citing)
Total Liability	$3,480,025,534	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PART I, COLUMN (B)	COLUMN (B) REPRESENTS FUNDS CREATED TO MAKE GRANTS ONLY WITHIN THE UNIVERSITY.
SCHEDULE D, PART I, LINE 2	INCLUDED IN AGGREGATE CONTRIBUTIONS TO FUNDS ARE NEW GIFTS AS WELL AS TRANSFERS FROM OTHER ACCOUNTS WITHIN THE UNIVERSITY.
SCHEDULE D, PART III, LINE 1A	WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS AND ARTIFACTS, WHICH ARE PRESERVED AND PROTECTED FOR EDUCATIONAL, RESEARCH AND PUBLIC EXHIBITION PURPOSES, ARE NOT CAPITALIZED. DONATIONS OF SUCH COLLECTIONS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS OPERATING EXPENSES IN THE PERIOD IN WHICH THEY ARE ACQUIRED. PROCEEDS FROM SALES OF SUCH ITEMS ARE USED TO ACQUIRE OTHER ITEMS FOR THE COLLECTIONS.
SCHEDULE D, PART III, LINE 4	THE CANTOR ARTS CENTER AT STANFORD UNIVERSITY IS A MUSEUM COMMITTED TO INTELLECTUAL EXPLORATION AND THE PURSUIT OF KNOWLEDGE, FOSTERING A SENSE OF DISCOVERY THROUGH DIRECT EXPERIENCES WITH WORKS OF ART. THE CENTER COLLECTS, PRESERVES, AND STUDIES ART FROM ALL CULTURES AND PERIODS, SERVING THE UNIVERSITY AND THE PUBLIC THROUGH EXHIBITIONS AND PROGRAMS THAT INSPIRE THE UNDERSTANDING AND ENJOYMENT OF ART. THE ANDERSON COLLECTION IS AN OUTSTANDING ASSEMBLAGE OF MODERN AND CONTEMPORARY AMERICAN ART. THE COLLECTION IS ANCHORED IN THE WORK OF THE NEW YORK SCHOOL AND KEY MODERN AND CONTEMPORARY ARTISTS COLLECTED IN DEPTH, ACROSS MEDIA. MAJOR MOVEMENTS REPRESENTED INCLUDE ABSTRACT EXPRESSIONISM, COLOR FIELD PAINTING, POST-MINIMALISM, CALIFORNIA FUNK ART, BAY AREA FIGURATIVE ART, LIGHT AND SPACE, AND CONTEMPORARY PAINTING AND SCULPTURE. THE 151-WORK COLLECTION FEATURES 89 ARTISTS, INCLUDING JACKSON POLLACK, HELEN FRANKENTHALER AND RICHARD DIEBENKORN. ADMISSION TO THE MUSEUM IS FREE. THE COLLECTION, BUILT OVER 60 YEARS, WAS DONATED TO STANFORD BY HARRY W. AND MARY MARGARET ANDERSON AND MARY PATRICIA ANDERSON PENCE.
SCHEDULE D, PART V, LINES 1B & 1E	"CONTRIBUTIONS" (LINE 1B) INCLUDE CERTAIN INVESTMENT INCOME, CURRENT YEAR GIFTS TO ENDOWMENT, MATURED LIVING TRUSTS DIRECTED TO ENDOWMENT, AND CERTAIN OTHER FUNDS TRANSFERRED INTO THE ENDOWMENT. INCLUDED IN "OTHER EXPENDITURES FOR FACILITIES AND PROGRAMS" (LINE 1E) ARE FUNDS DISTRIBUTED ANNUALLY FROM ENDOWMENT INVESTMENT RETURN TO SUPPORT FACULTY, INSTRUCTIONAL SUPPORT AND UNIVERSITY INFRASTRUCTURE PRIMARILY BASED ON DONOR RESTRICTIONS. PLEASE SEE FURTHER DISCUSSION BELOW IN "INTENDED USES OF THE ENDOWMENT FUNDS".
SCHEDULE D, PART V, LINE 3A(II) AND LINE 3B	INCLUDED IN THE ENDOWMENT BALANCE ON LINE 1G ARE THE ASSETS OF SHR HOLDINGS, INC., A RELATED ORGANIZATION.
SCHEDULE D, PART V, LINE 4	INTENDED USES OF THE ENDOWMENT FUNDS IN 1885, LELAND AND JANE LATHROP STANFORD SAID OF THEIR FOUNDING GRANT "IT SHALL CONSTITUTE THE FOUNDATION AND ENDOWMENT FOR THE UNIVERSITY HEREIN PROVIDED, AND UPON THE TRUST THAT THE PRINCIPAL THEREOF SHALL FOREVER REMAIN INTACT, AND THAT THE RENTS, ISSUES, AND PROFITS THEREOF SHALL BE DEVOTED TO THE FOUNDATION AND MAINTENANCE OF THE UNIVERSITY HEREBY FOUNDED AND ENDOWED, AND THE USES AND PURPOSES HEREIN MENTIONED." TODAY, STANFORD'S ENDOWMENT CONSISTS OF THOUSANDS OF INDIVIDUAL FUNDS, MANY OF WHICH ARE RESTRICTED TO PARTICULAR USES (E.G., SCHOLARSHIP FUNDS FOR UNDERGRADUATES, FELLOWSHIP FUNDS TO SUPPORT GRADUATE STUDENTS, RESEARCH FUNDS DIRECTED TO MANY DIFFERENT AREAS, PROGRAM SUPPORT FUNDS, FUNDS TO SUPPORT PROFESSORS, FUNDS TO SUPPORT LECTURES, FUNDS TO PROVIDE BUILDING AND GROUND MAINTENANCE, FUNDS TO SUPPORT THE UNIVERSITY'S MUSEUM, FUNDS TO SUPPORT THE ACQUISITION OF LIBRARY MATERIALS). THE FUNDS ARE INVESTED IN PERPETUITY FOR LONG TERM GROWTH AND THE PAYOUT IS USED FOR THE PURPOSE SET FORTH IN THE GIFT DOCUMENT. OVER 75% OF THE ENDOWMENT PAYOUT IS RESTRICTED BY PURPOSE. SOME ENDOWMENT FUNDS DO NOT HAVE PURPOSE RESTRICTIONS AND THE PAYOUT FROM THESE FUNDS IS USED TO SUPPORT THE GENERAL OPERATIONS AND INFRASTRUCTURE OF THE UNIVERSITY AS WELL AS MANY OTHER PARTS OF THE UNIVERSITY. ENDOWMENT PAYOUT IS A RELIABLE SOURCE OF CONTINUING SUPPORT AND IS CRITICAL TO THE FUNDING OF THE MANY LONG-TERM COMMITMENTS THAT THE UNIVERSITY MUST MAKE. THE ENDOWMENT MAKES STANFORD LESS DEPENDENT ON OTHER MORE VARIABLE SOURCES OF INCOME. THE ENDOWMENT PAYOUT COVERS NEARLY 21% OF STANFORD'S OPERATING EXPENSES. STANFORD IS CURRENTLY DIRECTING CONSIDERABLE RESEARCH AND EDUCATION EFFORTS TOWARD ADDRESSING THE CHALLENGES CRITICAL TO THE WORLD. IN PARTICULAR, IT IS SEEKING SOLUTIONS TO SOME OF THE MOST CHALLENGING PROBLEMS IN HUMAN HEALTH, INTERNATIONAL PEACE AND SECURITY AND THE ENVIRONMENT AND SUSTAINABILITY. ONE OF THE UNIVERSITY'S HIGHEST PRIORITIES IS TO REMAIN AFFORDABLE AND ACCESSIBLE TO THE MOST TALENTED STUDENTS, REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES. THE UNIVERSITY'S ADMISSION PROCESS FOR UNDERGRADUATE STUDENTS FROM THE UNITED STATES IS NEED-BLIND, WHICH MEANS THAT STUDENTS ARE ADMITTED IRRESPECTIVE OF THEIR ABILITY TO PAY; THE UNIVERSITY PROVIDES THE FINANCIAL AID NECESSARY TO MAKE STANFORD AFFORDABLE TO EVERY ADMITTED STUDENT. FOR INTERNATIONAL STUDENTS, THE UNIVERSITY IS NEED-AWARE: STANFORD ANALYZES THE NEED FOR AID AND AIMS TO MEET THE DETERMINED NEED. SINCE 2000, THE UNIVERSITY HAS CONTINUED TO ENHANCE ITS FINANCIAL AID PROGRAMS FOR BOTH ITS UNDERGRADUATE AND GRADUATE STUDENTS. DURING FY25, FAMILIES OF UNDERGRADUATE STUDENTS FROM THE U.S. WITH INCOMES BELOW $150,000 AND ASSETS TYPICAL OF THAT INCOME LEVEL RECEIVE AT LEAST ENOUGH SCHOLARSHIP TO COVER THE COST OF TUITION. THOSE WITH INCOMES BELOW $100,000 WITH TYPICAL ASSETS, WILL NOT HAVE TO PAY TUITION, ROOM OR BOARD. IN FY25, APPROXIMATELY 50% OF UNDERGRADUATES WERE AWARDED NEED-BASED FINANCIAL AID FROM STANFORD. GRADUATE STUDENT FINANCIAL AID AND OTHER SUPPORT IS AWARDED BASED ON ACADEMIC MERIT AND THE AVAILABILITY OF AID. IN THE FACE OF DIMINISHING FEDERAL SUPPORT, STANFORD HAS ASSUMED MORE OF THE FINANCIAL WEIGHT OF SUPPORTING ITS GRADUATE STUDENTS. IN FY25, OVER 80% OF GRADUATE STUDENTS RECEIVED SOME FORM OF FINANCIAL SUPPORT. FOR THE YEAR ENDED AUGUST 31, 2025, ENDOWMENT PAYOUT SUPPORT INCLUDED THE FOLLOWING BROAD FUNCTIONS OF THE UNIVERSITY: INSTRUCTION AND RESEARCH $ 560,670,852 STUDENT FINANCIAL AID $ 438,752,012 FACULTY SALARIES AND SUPPORT $ 382,386,770 LIBRARIES $ 30,737,807
SCHEDULE D, PART X, LINE 2	ASC 740 LIABILITY - MANAGEMENT REGULARLY EVALUATES ITS TAX POSITIONS AND DOES NOT BELIEVE THE UNIVERSITY HAS ANY UNCERTAIN TAX POSITIONS THAT REQUIRE DISCLOSURE IN OR ADJUSTMENT TO THE FINANCIAL STATEMENTS.

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (true)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (true)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (true)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (true)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (true)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (true)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (true)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	false	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	false	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	false	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	false	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	false	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	false	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	false	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	false	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (true)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	false	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (true)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE E, LINE 3	STANFORD POSTS ITS NON-DISCRIMINATION POLICY ON ITS MAIN WEBSITE. IN ADDITION, ADMISSION AND FINANCIAL AID OFFICES OUTREACH PROGRAMS PUBLICIZE STANFORD UNIVERSITY'S ACADEMIC OPPORTUNITIES AT SECONDARY AND POST-SECONDARY SCHOOLS THROUGHOUT THE UNITED STATES.
SCHEDULE E, LINE 6A	STANFORD UNIVERSITY RECEIVED RESEARCH AND INSTRUCTIONAL GRANTS AND CONTRACTS, FELLOWSHIP AND STUDENT AID AWARDS, LIBRARY GRANTS, AND CONSTRUCTION AND CONTRACTS FROM VARIOUS FEDERAL AGENCIES.

Schedule F IRS990ScheduleF

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Account Activities Outside US AccountActivitiesOutsideUSGrp (98 entries)

RegionRegionTxt	OfficesOfficesCnt	EmployeeEmployeeCnt	Type Of Activities ConductedTypeOfActivitiesConductedTxt	Specific Services ProvidedSpecificServicesProvidedTxt	Region Total ExpendituresRegionTotalExpendituresAmt
Antarctica	0	0	Program Services	CONFERENCES & SEMINARS	$962
CENTRAL AMERICA/CARIBBEAN	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$158,697
EAST ASIA AND THE PACIFIC	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$4,606,915
Europe (Including Iceland and Greenland)	0	0	Program Services	CONFERENCES & SEMINARS	$10,476,335
MIDDLE EAST AND NORTH AFRICA	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$452,745
NORTH AMERICA	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$1,770,305
RUSSIA/INDEPENDENT STATES	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$54,957
SOUTH AMERICA	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$620,039
SOUTH ASIA	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$834,054
SUB-SAHARAN AFRICA	0	0	PROGRAM SERVICES	CONFERENCES & SEMINARS	$952,253
CENTRAL AMERICA/CARIBBEAN	0	0	PROGRAM SERVICES	EDUCATION	$137,620
EAST ASIA AND THE PACIFIC	0	12	PROGRAM SERVICES	EDUCATION	$1,042,091
EUROPE	0	30	PROGRAM SERVICES	EDUCATION	$2,182,087
MIDDLE EAST AND NORTH AFRICA	0	0	PROGRAM SERVICES	EDUCATION	$1,426,955
NORTH AMERICA	0	14	PROGRAM SERVICES	EDUCATION	$444,540
RUSSIA/INDEPENDENT STATES	0	0	PROGRAM SERVICES	EDUCATION	$21,056
SOUTH AMERICA	0	14	PROGRAM SERVICES	EDUCATION	$348,153
SOUTH ASIA	0	5	PROGRAM SERVICES	EDUCATION	$702,552
SUB-SAHARAN AFRICA	2	21	PROGRAM SERVICES	EDUCATION	$4,776,600
CENTRAL AMERICA/CARIBBEAN	0	0	PROGRAM SERVICES	FOREIGN CENTER	$8,586
EAST ASIA AND THE PACIFIC	0	34	PROGRAM SERVICES	FOREIGN CENTER	$2,511,809
EUROPE	0	0	PROGRAM SERVICES	FOREIGN CENTER	$31,452
NORTH AMERICA	0	0	PROGRAM SERVICES	FOREIGN CENTER	$2,390
SOUTH AMERICA	0	0	PROGRAM SERVICES	FOREIGN CENTER	$1,397
SUB-SAHARAN AFRICA	0	0	PROGRAM SERVICES	FOREIGN CENTER	$22,212
CENTRAL AMERICA/CARIBBEAN	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$14,545
EAST ASIA AND THE PACIFIC	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$960,959
EUROPE	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$3,028,875
MIDDLE EAST AND NORTH AFRICA	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$320,299
NORTH AMERICA	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$287,417
RUSSIA/INDEPENDENT STATES	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$8,144
SOUTH AMERICA	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$420,347
SOUTH ASIA	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$66,855
SUB-SAHARAN AFRICA	0	0	PROGRAM SERVICES	FOREIGN TRAVEL	$181,554
ANTARCTICA	0	0	PROGRAM SERVICES	RESEARCH	$6,775
CENTRAL AMERICA/CARIBBEAN	0	8	PROGRAM SERVICES	RESEARCH	$300,032
EAST ASIA AND THE PACIFIC	0	51	PROGRAM SERVICES	RESEARCH	$5,337,556
EAST ASIA AND THE PACIFIC	0	0	PROGRAM SERVICES	RESEARCH	$49,245
EUROPE	0	163	PROGRAM SERVICES	RESEARCH	$9,419,253
EUROPE	0	0	PROGRAM SERVICES	RESEARCH	$37,492
MIDDLE EAST AND NORTH AFRICA	0	5	PROGRAM SERVICES	RESEARCH	$343,995
NORTH AMERICA	0	62	PROGRAM SERVICES	RESEARCH	$2,907,196
RUSSIA/INDEPENDENT STATES	0	11	PROGRAM SERVICES	RESEARCH	$99,966
SOUTH AMERICA	0	37	PROGRAM SERVICES	RESEARCH	$3,022,064
SOUTH ASIA	0	35	PROGRAM SERVICES	RESEARCH	$2,310,402
SUB-SAHARAN AFRICA	0	49	PROGRAM SERVICES	RESEARCH	$2,731,273
CENTRAL AMERICA/CARIBBEAN	0	1	PROGRAM SERVICES	STUDY ABROAD	$0
EAST ASIA AND THE PACIFIC	0	4	PROGRAM SERVICES	STUDY ABROAD	$1,321,840
EUROPE	5	231	PROGRAM SERVICES	STUDY ABROAD	$10,263,301
NORTH AMERICA	0	4	PROGRAM SERVICES	STUDY ABROAD	$0
SOUTH AMERICA	0	1	PROGRAM SERVICES	STUDY ABROAD	$0
SUB-SAHARAN AFRICA	0	1	PROGRAM SERVICES	STUDY ABROAD	$0
CENTRAL AMERICA/CARIBBEAN	0	0	PROGRAM SERVICES	STUDY TOURS	$316,135
EAST ASIA AND THE PACIFIC	0	0	PROGRAM SERVICES	STUDY TOURS	$2,341,243
EUROPE	0	0	PROGRAM SERVICES	STUDY TOURS	$6,747,604
MIDDLE EAST AND NORTH AFRICA	0	0	PROGRAM SERVICES	STUDY TOURS	$585,061
NORTH AMERICA	0	0	PROGRAM SERVICES	STUDY TOURS	$403,178
RUSSIA/INDEPENDENT STATES	0	0	PROGRAM SERVICES	STUDY TOURS	$114,570
SOUTH AMERICA	0	0	PROGRAM SERVICES	STUDY TOURS	$1,666,356
SOUTH ASIA	0	0	PROGRAM SERVICES	STUDY TOURS	$528,173
SUB-SAHARAN AFRICA	0	0	PROGRAM SERVICES	STUDY TOURS	$810,430
EAST ASIA AND THE PACIFIC	0	0	PROGRAM SERVICES	TRAVEL STUDY	$146,268
EUROPE	0	0	PROGRAM SERVICES	TRAVEL STUDY	$388,044
MIDDLE EAST AND NORTH AFRICA	0	0	PROGRAM SERVICES	TRAVEL STUDY	$107,829
SOUTH ASIA	0	0	PROGRAM SERVICES	TRAVEL STUDY	$22,040
EAST ASIA AND THE PACIFIC	0	0	INVESTMENT ADMIN		$182,109
EUROPE	0	0	INVESTMENT ADMIN		$243,735
SOUTH AMERICA	0	0	INVESTMENT ADMIN		$400
SOUTH ASIA	0	0	INVESTMENT ADMIN		$89,409
SOUTH AMERICA	0	0	INVESTMENT FEES		$1,991,509
EAST ASIA AND THE PACIFIC	5	43	INV. OPERATING SUBS		$161,444
EUROPE	1	0	INV. OPERATING SUBS		$0
SOUTH AMERICA	1	13	INV. OPERATING SUBS		$10,000
SOUTH ASIA	1	19	INV. OPERATING SUBS		$467,349
SUB-SAHARAN AFRICA	1	19	INV. OPERATING SUBS		$0
CENTRAL AMERICA/CARIBBEAN	0	0	INVESTMENTS		$17,409,840,748
EAST ASIA AND THE PACIFIC	0	0	INVESTMENTS		$94,391,822
EUROPE	0	0	INVESTMENTS		$1,698,084,196
MIDDLE EAST AND NORTH AFRICA	0	0	INVESTMENTS		$396,123
NORTH AMERICA	0	0	INVESTMENTS		$427,419,012
SOUTH AMERICA	0	0	INVESTMENTS		$129,047,349
SOUTH ASIA	0	0	INVESTMENTS		$600,149
SUB-SAHARAN AFRICA	0	0	INVESTMENTS		$1,069,637,752
CENTRAL AMERICA/CARIBBEAN	0	0	GRANTMAKING		$122,166
EAST ASIA AND THE PACIFIC	0	0	GRANTMAKING		$3,278,230
EUROPE	0	0	GRANTMAKING		$5,384,021
MIDDLE EAST AND NORTH AFRICA	0	0	GRANTMAKING		$1,207,127
NORTH AMERICA	0	0	GRANTMAKING		$1,648,870
SOUTH AMERICA	0	0	GRANTMAKING		$621,000
SOUTH ASIA	0	0	GRANTMAKING		$1,373,030
SUB-SAHARAN AFRICA	0	0	GRANTMAKING		$3,241,684
EAST ASIA AND THE PACIFIC	0	1	FUNDRAISING		$377,763
EUROPE	0	0	FUNDRAISING		$130,749
MIDDLE EAST AND NORTH AFRICA	0	0	FUNDRAISING		$46,632
NORTH AMERICA	0	1	FUNDRAISING		$128,771
SOUTH AMERICA	0	0	FUNDRAISING		$24,655
SOUTH ASIA	0	0	FUNDRAISING		$21
SUB-SAHARAN AFRICA	0	0	FUNDRAISING		$7,435

Field	Value	IRS element (for citing)
Subtotal Offices	0	SubtotalOfficesCnt
Subtotal Employees	70	SubtotalEmployeesCnt
Continuation Total Office	16	ContinuationTotalOfficeCnt
Continuation Total Employee	819	ContinuationTotalEmployeeCnt
Total Office	16	TotalOfficeCnt
Total Employee	889	TotalEmployeeCnt
Subtotal Spent	$25,529,764	SubtotalSpentAmt
Continuation Spent	$20,915,828,574	ContinuationSpentAmt
Total Spent	$20,941,358,338	TotalSpentAmt

Grants To Org Outside US GrantsToOrgOutsideUSGrp (94 entries)

RegionRegionTxt	Purpose Of GrantPurposeOfGrantTxt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
CENT. AMERICA/CARIBBEAN	RESEARCH SUB	$89,666	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$159,881	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$86,704	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$132,133	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$35,604	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$216,181	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$160,622	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$1,140,779	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$25,000	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$84,434	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$99,040	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$561,000	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$45,567	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$44,544	CHECK/WIRE
EAST ASIA/PACIFIC	RESEARCH SUB	$6,295	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$39,641	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$141,268	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$69,197	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$55,000	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$198,230	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$19,144	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$20,558	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$205,131	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$75,110	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$109,625	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$103,765	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$56,394	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$219,357	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$13,416	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$83,844	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$129,333	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$137,541	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$540,766	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$148,243	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$265,595	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$160,824	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$261,457	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$57,580	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$51,796	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$67,196	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$64,775	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$125,588	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$38,526	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$579,128	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$319,439	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$12,310	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$13,062	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$14,238	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$71,133	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$453,661	CHECK/WIRE
EUROPE/ICELAND/GREENLAND	RESEARCH SUB	$73,285	CHECK/WIRE
MIDDLE EAST/NORTH AFRICA	RESEARCH SUB	$84,957	CHECK/WIRE
MIDDLE EAST/NORTH AFRICA	RESEARCH SUB	$340,936	CHECK/WIRE
MIDDLE EAST/NORTH AFRICA	RESEARCH SUB	$141,852	CHECK/WIRE
MIDDLE EAST/NORTH AFRICA	RESEARCH SUB	$338,729	CHECK/WIRE
MIDDLE EAST/NORTH AFRICA	RESEARCH SUB	$84,641	CHECK/WIRE
MIDDLE EAST/NORTH AFRICA	RESEARCH SUB	$206,512	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$202,375	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$25,056	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$199,051	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$50,000	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$14,627	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$104,566	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$60,275	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$10,791	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$430,101	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$226,286	CHECK/WIRE
NORTH AMERICA	RESEARCH SUB	$257,748	CHECK/WIRE
SOUTH AMERICA	RESEARCH SUB	$194,165	CHECK/WIRE
SOUTH AMERICA	RESEARCH SUB	$91,710	CHECK/WIRE
SOUTH AMERICA	RESEARCH SUB	$84,959	CHECK/WIRE
SOUTH AMERICA	RESEARCH SUB	$96,412	CHECK/WIRE
SOUTH AMERICA	RESEARCH SUB	$70,194	CHECK/WIRE
SOUTH AMERICA	RESEARCH SUB	$29,542	CHECK/WIRE
SOUTH AMERICA	RESEARCH SUB	$6,310	CHECK/WIRE
SOUTH ASIA	RESEARCH SUB	$183,822	CHECK/WIRE
SOUTH ASIA	RESEARCH SUB	$466,636	CHECK/WIRE
SOUTH ASIA	RESEARCH SUB	$256,203	CHECK/WIRE
SOUTH ASIA	RESEARCH SUB	$36,979	CHECK/WIRE
SOUTH ASIA	RESEARCH SUB	$104,881	CHECK/WIRE
SOUTH ASIA	RESEARCH SUB	$55,807	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$75,000	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$79,056	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$425,695	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$538,271	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$250,000	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$147,788	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$23,163	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$34,885	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$12,714	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$244,362	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$9,951	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$685,573	CHECK/WIRE
SUB-SAHARAN AFRICA	RESEARCH SUB	$49,264	CHECK/WIRE

Field	Value	IRS element (for citing)
Total501c3 Org	89	Total501c3OrgCnt
Total Other Org	5	TotalOtherOrgCnt

Foreign Individuals Grants ForeignIndividualsGrantsGrp (9 entries)

Type Of AssistanceTypeOfAssistanceTxt	RegionRegionTxt	RecipientRecipientCnt	Cash GrantCashGrantAmt	Manner Of Cash DisbursementMannerOfCashDisbursementTxt
SCHOLARSHIP	East Asia and the Pacific	35	$230,060	CHECK/EFT
STIPENDS	Central America and the Caribbean	8	$32,500	CHECK/EFT
STIPENDS	East Asia and the Pacific	61	$250,386	CHECK/EFT
STIPENDS	Europe (Including Iceland and Greenland)	61	$388,865	CHECK/EFT
STIPENDS	Middle East and North Africa	2	$9,500	CHECK/EFT
STIPENDS	North America	13	$67,993	CHECK/EFT
STIPENDS	South America	6	$51,500	CHECK/EFT
STIPENDS	South Asia	24	$268,703	CHECK/EFT
STIPENDS	Sub-Saharan Africa	70	$665,964	CHECK/EFT

Field	Value	IRS element (for citing)
Transfer To Foreign Corp	Yes (true)	TransferToForeignCorpInd
Interest In Foreign Trust	Yes (true)	InterestInForeignTrustInd
Foreign Corp Ownership	Yes (true)	ForeignCorpOwnershipInd
Passive Foreign Investmest Co	Yes (true)	PassiveForeignInvestmestCoInd
Foreign Partnership	Yes (true)	ForeignPartnershipInd
Boycott Countries	Yes (true)	BoycottCountriesInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 2:	PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE THE UNITED STATES: PROCEDURES FOR MONITORING THE USE OF GRANT FUNDS OUTSIDE OF THE UNITED STATES (US) ARE PRINCIPALLY GOVERNED BY THE PURPOSE FOR WHICH THE FUNDS WERE GRANTED. SUBAWARD GRANTS AND GRANTS PAID OUTSIDE OF THE US, OR FOR USE OUTSIDE THE US, FOR PROGRAMS WHICH HAVE A READILY IDENTIFIABLE FOREIGN COMPONENT AND ARE TRACKED SEPARATELY ARE REPORTED ON SCHEDULE F. (GRANTMAKING IS FURTHER DISCUSSED BELOW.) FINANCIAL AID: FINANCIAL AID AMOUNTS SUCH AS GRANTS, STIPENDS, FELLOWSHIPS AND SCHOLARSHIPS ARE PAID TO ENROLLED STUDENTS AND MAY BE USED FOR ACADEMIC ACTIVITIES ABROAD. STANFORD REQUIRES THAT STUDENTS WHO ARE RECEIVING FINANCIAL AID MAINTAIN THEIR REGISTRATION STATUS, AND BE ENROLLED FOR ACADEMIC CREDIT IN UNIVERSITY-APPROVED AND MONITORED PROGRAMS AND/OR RELATED ACADEMIC ACTIVITIES. ACCORDINGLY, THE UNIVERSITY DOES NOT CONSIDER FINANCIAL AID DISBURSEMENTS IN THE US TO ENROLLED STUDENTS AS "GRANTS TO FOREIGN INDIVIDUALS." SUBAWARDS: PROCEDURES FOR MONITORING SUBAWARDS (DISCUSSED FURTHER BELOW UNDER 3. GRANTMAKING) INCLUDE AN INITIAL RISK ASSESSMENT OF THE RECIPIENT TOGETHER WITH A REVIEW OF FINANCIAL STATEMENTS (PREFERABLY, AUDITED). THIS ASSESSMENT DETERMINES THE SCOPE OF THE ENSUING AGREEMENT TERMS TO ENSURE SAFE-HANDLING OF THE AWARD. IN ACCORDANCE WITH OFFICE OF MANAGEMENT AND BUDGET (OMB) UNIFORM ADMINISTRATIVE REQUIREMENTS, COST PRINCIPLES, AND AUDIT REQUIREMENTS FOR FEDERAL AWARDS (UNIFORM GUIDANCE), SUB-RECIPIENTS WHO ARE NOT UNDER SINGLE AUDIT ARE REQUIRED TO ANNUALLY COMPLETE A QUESTIONNAIRE DESIGNED TO ASSESS CERTAIN ASPECTS OF THE SUB-RECIPIENT'S INTERNAL CONTROLS AND FINANCIAL STATUS. THIS INFORMATION IS COLLECTED AND REVIEWED BY UNIVERSITY SPONSORED RESEARCH SPECIALISTS. INVOICES SUBMITTED BY THE SUB RECIPIENT TO THE UNIVERSITY ARE REVIEWED TO ENSURE THAT CHARGED EXPENSES MEET BOTH INTERNAL ACCOUNTING POLICIES, AS WELL AS FEDERAL STANDARDS. AWARDS ARE MONITORED ON AN ONGOING BASIS.
PART I, LINE 3:	DETAILS FOR EACH TYPE OF ACTIVITY (1. PROGRAM SERVICES, 2. INVESTMENTS, 3. GRANTMAKING, 4. FUNDRAISING) CONDUCTED IN EACH REGION AND THE METHOD USED TO ACCOUNT FOR EXPENDITURES ON PART I, COLUMN (F): AS A LEADING RESEARCH INSTITUTION, STANFORD UNIVERSITY CONDUCTS ACTIVITIES WORLDWIDE IN PURSUIT OF ITS ACADEMIC MISSION OF EDUCATION, RESEARCH AND PATIENT CARE. ITS STUDENTS, FACULTY AND ALUMNI COMMUNITIES ARE SIMILARLY INTERNATIONAL IN CHARACTER AND SEEK TO COLLABORATE IN AN INTERDEPENDENT WORLD TO UNDERSTAND AND SOLVE GLOBAL CHALLENGES. THE UNIVERSITY HAS REPORTED ON SCHEDULE F EXPENDITURES RELATING TO FOREIGN ACTIVITIES THAT ARE TRACKED IN THE ACCOUNTING SYSTEM, IN ACCORDANCE WITH U.S. GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. 1.PROGRAM SERVICES: PROGRAM SERVICES INCLUDE ACTIVITIES RELATING TO THE CORE INSTITUTIONAL MISSION OF TEACHING, RESEARCH AND HEALTH CARE. FOR THE FISCAL YEAR ENDED AUGUST 31, 2025, AMOUNTS ASSOCIATED WITH PROGRAM SERVICES INCREASED COMPARED TO PRIOR YEARS, DRIVEN BY GLOBAL ACTIVITIES IN SUPPORT OF THE UNIVERSITY'S CORE MISSION. -TRAVEL STUDY: TRAVEL STUDY INCLUDES EXPENSES INCURRED IN REGION FOR STUDENTS TO EXAMINE GLOBAL ISSUES IN A FACULTY LED GROUP-LEARNING ENVIRONMENT. -STUDY TOURS: STUDY TOURS INCLUDE EXPENSES INCURRED IN THE REGION FOR ALUMNI ASSOCIATION SPONSORED STUDY TRIPS. -STUDY ABROAD: STUDY ABROAD INCLUDES OPERATING EXPENSES INCURRED IN THE REGION FOR PREDOMINANTLY STANFORD-RUN UNDERGRADUATE FOREIGN STUDY PROGRAMS. THIS INCLUDES SALARIES AND BENEFITS, PROFESSIONAL SERVICE FEES, STUDENT SUPPORT COST, OVERSEAS GENERAL SERVICE COST, SUPPLIES AND MATERIAL, AND OTHER ASSOCIATED EXPENSES. -RESEARCH: RESEARCH INCLUDES CONTRACT PAYMENTS TO FOREIGN SUB-RECIPIENTS AND DIRECT COSTS INCURRED REGIONALLY FOR ACADEMIC RESEARCH PROJECTS, INCLUDING PAYMENTS FOR PROFESSIONAL SERVICES ENGAGED TO FURTHER THE RESEARCH PURPOSE. -FOREIGN TRAVEL: FOREIGN TRAVEL IS CATEGORIZED SEPARATELY IN THE ACCOUNTING SYSTEM TO MEET COST PRINCIPLES OF OMB REQUIREMENTS. -FOREIGN CENTER: REPRESENTS EXPENSES INCURRED FOR THE OPERATION, SUPPORT, MAINTENANCE, AND MANAGEMENT OF FACILITIES IN THE EAST ASIA/PACIFIC REGION TO HOUSE STANFORD FACULTY, STAFF, AND STUDENTS ENGAGED IN ACADEMIC ACTIVITIES. -EDUCATION: INCLUDES PROGRAM FUNDING FOR US FACULTY AND STUDENTS FOR ACADEMIC ACTIVITIES CONDUCTED INTERNATIONALLY. STANFORD ALSO OFFERS EDUCATIONAL PROGRAMS TO NON-MATRICULATED STUDENTS. -CONFERENCES AND SEMINARS: INCLUDE EXPENSES INCURRED FOR LODGING, TRANSPORTATION AND MEALS FOR FACULTY AND STUDENTS TO ATTEND AND PRESENT ACADEMIC AND RESEARCH FINDINGS. 2.INVESTMENTS: I) INVESTMENTS ARE REPORTED AS OF AUGUST 31, 2025 AT FAIR MARKET VALUE, DETERMINED IN ACCORDANCE WITH US GENERALLY ACCEPTED ACCOUNTING PRINCIPLES. INVESTMENT MANAGEMENT FEES ARE DIRECT FEES EXPENSED DURING FISCAL YEAR 2025. ON OCCASION THE UNIVERSITY WILL INVEST IN AN ENTITY THAT WILL REQUIRE A PREPAYMENT OF CERTAIN INVESTMENT MANAGEMENT RELATED FEES. THE UNIVERSITY INCLUDES SUCH FEES AS PART OF THE INITIAL INVESTMENT FOR ACCOUNTING PURPOSES. IN ACCORDANCE WITH IRS SPECIFIC SCHEDULE F INSTRUCTIONS AND CONSISTENT WITH UNIVERSITY ACCOUNTING POLICY TO INCLUDE SUCH FEES AS PART OF THE INITIAL INVESTMENT BASIS, THE PREPAYMENT OF INVESTMENT MANAGEMENT FEES AND THE SUBSEQUENT AMORTIZATION THEREOF IS EXCLUDED FROM PART I REPORTING. THE REGION IN WHICH INVESTMENTS ARE REPORTED ON SCHEDULE F IS BASED ON THE INVESTMENT ENTITY'S LEGAL DOMICILE (I.E., COUNTRY WHOSE LAWS GOVERN THE ENTITY'S AFFAIRS) AND IS NOT INTENDED TO BE AN INDICATION OF WHERE THE INVESTMENT MANAGER DEPLOYS ASSETS. ACCORDINGLY, SUCH INFORMATION ON SCHEDULE F MAY NOT REFLECT THE REGIONS OF THE WORLD WHERE THE UNIVERSITY'S ASSETS ARE ACTUALLY INVESTED. STANFORD MANAGEMENT COMPANY ("SMC"), A DIVISION OF THE UNIVERSITY, ACTIVELY MANAGES THE UNIVERSITY'S MERGED POOL, WHICH COMPRISES THE SUBSTANTIAL MAJORITY OF STANFORD'S INVESTABLE ASSETS. THE PORTFOLIO IS CONSTRUCTED TO GENERATE ATTRACTIVE LONG-TERM RETURNS, ADJUSTED FOR RISK, SO THAT THE ENDOWMENT CAN PROVIDE MEANINGFUL ANNUAL SUPPORT TO THE OPERATING BUDGET OF THE UNIVERSITY WHILE PRESERVING PURCHASING POWER ACROSS GENERATIONS. STANFORD'S INVESTMENT PROGRAM IS CONSISTENT WITH ITS FIDUCIARY RESPONSIBILITIES UNDER THE CALIFORNIA UNIFORM PRUDENT INVESTOR ACT. TO EXECUTE ITS INVESTMENT STRATEGY, STANFORD INVESTS THROUGH ONSHORE AND OFFSHORE INVESTMENT VEHICLES. OFTEN, WHEN ACCESSING INTERNATIONAL OPPORTUNITIES, THERE IS NO ONSHORE OPTION. STANFORD REPORTS ITS HOLDINGS TO THE IRS AND OTHER TAX AUTHORITIES AND MAKES EVERY EFFORT TO BE FULLY COMPLIANT WITH ALL APPLICABLE DOMESTIC AND FOREIGN LAWS. OFFSHORE VEHICLES ARE STILL SUBJECT TO US TAX PROVISIONS, SPECIFICALLY ON INCOME THAT IS EFFECTIVELY CONNECTED TO THEIR OPERATIONS IN THE U.S., AS WELL AS ON DIVIDENDS RECEIVED FROM OPERATIONS DOMICILED IN THE U.S. IN SUMMARY, THE UNIVERSITY'S LONG-TERM INVESTMENT STRATEGY RELIES ON A PORTFOLIO DIVERSIFIED BY ASSET CLASS AND GEOGRAPHY, CONTINUALLY REFINED TO ACHIEVE DESIRED OVERALL RISK AND RETURN CHARACTERISTICS. COMBINED WITH A DISCIPLINED PAYOUT POLICY, STANFORD'S TRUSTEES AIM TO PROVIDE ROBUST ANNUAL SUPPORT FOR THE CURRENT OPERATING ACTIVITIES AND TO PRESERVE THE PURCHASING POWER OF THE ENDOWMENT FOR FUTURE GENERATIONS OF STUDENTS AND SCHOLARS. II) ALSO REPORTED AS INVESTMENTS ARE STANFORD'S INVESTMENTS IN RELATED OPERATING SUBSIDIARIES THROUGH WHICH THE UNIVERSITY CONDUCTS ONGOING PROGRAM ACTIVITIES IN CERTAIN FOREIGN COUNTRIES. 3.GRANTMAKING: STANFORD UNIVERSITY IS NOT A "GRANT MAKER" PER SE IN THAT ITS FUNDAMENTAL MISSION, AND PURPOSE FOR TAX-EXEMPTION, RELATES TO TEACHING, RESEARCH AND HEALTH CARE ACTIVITIES. HOWEVER, IN THE COURSE OF THESE MISSION-BASED ACTIVITIES, THE UNIVERSITY DOES MAKE PAYMENTS THAT MEET THE CRITERIA FOR 'GRANTMAKING' AS DEFINED BY THE INSTRUCTIONS TO IRS 990 SCHEDULE F. ACCORDINGLY, THESE GRANTS ARE REPORTED ON SCHEDULE F, PART I, AND ALSO REPORTED ON PARTS II AND III AS REQUIRED BY THE INSTRUCTIONS. FOR MOST U.S. INSTITUTIONS OF HIGHER EDUCATION, PROVISION OF FINANCIAL AID TO STUDENTS IS AN IMPORTANT ACTIVITY ENABLING QUALIFIED STUDENTS TO OBTAIN A COLLEGE EDUCATION AT THE UNDERGRADUATE, GRADUATE OR POSTDOCTORAL LEVEL. STANFORD IS COMMITTED TO A "NEED-BLIND" ADMISSION POLICY FOR U.S. CITIZENS, PERMANENT RESIDENTS AND UNDOCUMENTED STUDENTS; IT ADMITS QUALIFIED STUDENTS WITHOUT REGARD TO THEIR ABILITY TO PAY, AND PROVIDES A COMPREHENSIVE FINANCIAL AID PROGRAM FOR ALL ADMITTED US UNDERGRADUATE STUDENTS WHO HAVE UNIVERSITY-COMPUTED NEED, AND WHO MEET STATED FINANCIAL AID ELIGIBILITY REQUIREMENTS. FOR THE FISCAL YEAR ENDED AUGUST 31, 2025 (FY 2025), NEARLY 50% OF UNDERGRADUATE WERE AWARDED NEED-BASED FINANCIAL AID WHILE OVER 80% OF GRADUATE STUDENTS RECEIVED SOME FORM OF FINANCIAL SUPPORT, WITH A TOTAL OF $934 MILLION OF FINANCIAL AID DISBURSED TO ALL STANFORD STUDENTS. STUDENT FINANCIAL AID TO GRADUATE AND UNDERGRADUATE STUDENTS INCREASED BY $15 MILLION TO $473 MILLION IN FY 2025 IN LINE WITH THE INCREASE IN TUITION AND ROOM AND BOARD RATES, AND ENROLLMENT GROWTH. THE UNIVERSITY ALSO PROVIDED SUPPORT IN THE FORMS OF STIPENDS, TEACHING AND RESEARCH ASSISTANTSHIPS AND RELATED ALLOWANCES FOR TUITION OF $461 MILLION IN FY 2025. GRANTS TO ORGANIZATIONS ARE PRIMARILY IN THE FORM OF RESEARCH SUBAWARDS. SUBAWARDS ARE PAYMENTS TO THIRD PARTY RECIPIENTS FOR PERFORMING A PORTION OF A STANFORD RESEARCH PROGRAM, MOST OFTEN A SPONSORED-RESEARCH PROJECT. MANY SUBAWARDS ARE AGREEMENTS FOR CONTRACTUALLY DEFINED DELIVERABLES, USUALLY REQUIRING HIGHLY SPECIFIC EXPERTISE. AS SUCH, THEY COULD BE DESCRIBED AS RESEARCH CONTRACTS. HOWEVER, CERTAIN SUBAWARDS ARE CATEGORIZED AS GRANTS, DEPENDING ON THE NATURE OF THE ORIGINATING PRIME FUNDING SOURCE, SINCE THE TERMS AND CONDITIONS OF THE ORIGINATING FUNDING SOURCE GENERALLY FLOW THROUGH TO THE SUBAWARD. ACCORDINGLY, GRANT-FUNDED SUBAWARDS ARE REPORTED IN PART II. CONTRACT-FUNDED SUBAWARDS TO FOREIGN RECIPIENTS ARE REPORTED IN PART I, LINE 3 AS PROGRAM SERVICES - RESEARCH. GRANTS REPORTED ON SCHEDULE F ARE DIRECTLY TRACKED AND SOURCED FROM THE ACCOUNTING SYSTEM. IT IS CURRENTLY NOT POSSIBLE TO REPORT EXHAUSTIVELY ALL GRANTS TO FOREIGN INDIVIDUALS OR ORGANIZATIONS OR TO DOMESTIC INDIVIDUALS OR ORGANIZATIONS WITH DESIGNATED FOREIGN BENEFICIARIES. SEE BELOW FOR FURTHER EXPLANATION OF THE METHOD USED TO ACCOUNT FOR GRANTS ON PART II AND III. 4.FUNDRAISING: FUNDRAISING INCLUDES EXPENSES DIRECTLY INCURRED IN THE REGION FOR FUNDRAISING ACTIVITIES.
PART II: METHOD USED TO ACCOUNT FOR GRANTS TO ORGANIZATIONS	SUBAWARDS ARE SEPARATELY TRACKED IN THE ACCOUNTING SYSTEM WITH THE IDENTIFICATION OF THE FUNDING SOURCE OF THE SUBAWARD (I.E., GRANT VS. CONTRACT) SEPARATELY TRACKED IN THE UNIVERSITY'S SPONSORED RESEARCH SYSTEM. INCLUDED IN PART II ARE DIRECT GRANTS AND OTHER ASSISTANCE TO ORGANIZATIONS OUTSIDE THE U.S. THE UNIVERSITY DOES NOT TRACK WHETHER GRANTS TO ORGANIZATIONS WITHIN THE U.S. ARE MADE FOR THE PURPOSE OF PROVIDING GRANTS TO FOREIGN ORGANIZATIONS. SUBAWARDS ARE SUBJECT TO THE MONITORING PROCEDURES DISCUSSED IN PART V WITH RESPECT TO PART I, LINE 2 REGARDLESS OF WHETHER THE RECIPIENT WILL FURTHER SUBAWARD FUNDS IN ORDER TO ACCOMPLISH THE PURPOSES OF THE AWARD.
PART III: METHOD USED TO ACCOUNT FOR GRANTS TO INDIVIDUALS	PAYMENTS TO INDIVIDUALS OUTSIDE OF THE U.S. ARE TRACKED IN THE PAYABLES SUB-LEDGER OF THE ACCOUNTING SYSTEM. GRANT DISBURSEMENTS TO STUDENTS AND FACULTY ARE TRACKED AT A SUMMARY LEVEL IN THE ACCOUNTING SYSTEM. THE AWARDING AND MONITORING OF INDIVIDUAL GRANT FUNDS IS A DECENTRALIZED ACADEMIC PROGRAM LEVEL RESPONSIBILITY AND IT IS NOT FEASIBLE TO ENSURE COMPLETE REPORTING OF THOSE DETAILS AS THEY ARE NOT RECORDED IN THE ACCOUNTING SYSTEM THE NUMBER OF RECIPIENTS REPORTED IN PART III REFLECT IDENTIFIABLE ACTUAL RECIPIENTS OF THOSE PROGRAMS, OR OTHER IDENTIFIED STUDENT RECIPIENTS.

Schedule G IRS990ScheduleG

Field	Value	IRS element (for citing)
Mail Solicitations	Yes (X)	MailSolicitationsInd
Email Solicitations	Yes (X)	EmailSolicitationsInd
Phone Solicitations	Yes (X)	PhoneSolicitationsInd
In Person Solicitations	Yes (X)	InPersonSolicitationsInd
Solicitation Of Non Govt Grants	Yes (X)	SolicitationOfNonGovtGrantsInd
Solicitation Of Govt Grants	Yes (X)	SolicitationOfGovtGrantsInd
Special Fundraising Events	Yes (X)	SpecialFundraisingEventsInd
Agrmt Prof Fundraising Acty	Yes (true)	AgrmtProfFundraisingActyInd

Fundraiser Activity Info FundraiserActivityInfoGrp (6 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	ActivityActivityTxt	Fundraiser Control Of FundsFundraiserControlOfFundsInd	Retained By ContractorRetainedByContractorAmt	Gross ReceiptsGrossReceiptsAmt	Net To OrganizationNetToOrganizationAmt
MARA MCCLELLAN
2842 ASHBY AVENUE	BERKELEY	CA	94705	CONSULTING	false	$6,063
THE STELTER COMPANY
10435 NEW YORK AVENUE	DES MOINES	IA	50322	BROCHURES	false	$40,336
ONE SIXTY OVER NINETY LLC
510 WALNUT STREET 19TH FLOOR	PHILADELPHIA	PA	19106	BRANDING	false	$10,845
ANDREAS RAMOS
4031 PARK BLVD	PALO ALTO	CA	94306	CONSULTING	false	$31,218
MJM PARTNERS
40 PALMER LANE	PORTOLA VALLEY	CA	94028	PLANNING & MANAGEMENT	false	$36,920	$2,069,792	$2,032,872
IETSO LLC
8700 W BRYN MAWR AVE STE 730S	CHICAGO	IL	60631	DEVELOPMENT CONSULTING	false	$162,718	$1,686,000	$1,523,282

Field	Value	IRS element (for citing)
Total Gross Receipts	$3,755,792	TotalGrossReceiptsAmt
Total Retained By Contractors	$288,100	TotalRetainedByContractorsAmt
Total Net To Organization	$3,556,154	TotalNetToOrganizationAmt
Licensed States	CA	LicensedStatesCd
Licensed States	DC	LicensedStatesCd
Licensed States	NY	LicensedStatesCd

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	UNDER ONE UMBRE	Event1Nm
Gross Receipts Event1	$2,106,041	GrossReceiptsEvent1Amt
Charitable Contri Event1	$2,069,792	CharitableContriEvent1Amt
Gross Revenue Event1	$36,249	GrossRevenueEvent1Amt
Cash Prizes Event1	$0	CashPrizesEvent1Amt
Non Cash Prizes Event1	$0	NonCashPrizesEvent1Amt
Rent Facility Costs Event1	$22,445	RentFacilityCostsEvent1Amt
Food And Beverage Event1	$144,855	FoodAndBeverageEvent1Amt
Entertainment Event1	$0	EntertainmentEvent1Amt
Other Direct Expenses Event1	$181,773	OtherDirectExpensesEvent1Amt
Event2	MUSUEMS BY MOON	Event2Nm
Gross Receipts Event2	$303,507	GrossReceiptsEvent2Amt
Charitable Contri Event2	$276,707	CharitableContriEvent2Amt
Gross Revenue Event2	$26,800	GrossRevenueEvent2Amt
Cash Prizes Event2	$0	CashPrizesEvent2Amt
Non Cash Prizes Event2	$0	NonCashPrizesEvent2Amt
Rent Facility Costs Event2	$16,342	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$93,662	FoodAndBeverageEvent2Amt
Entertainment Event2	$67,071	EntertainmentEvent2Amt
Other Direct Expenses Event2	$18,903	OtherDirectExpensesEvent2Amt
Other Events Total	4	OtherEventsTotalCnt
Gross Receipts Other Events	$526,848	GrossReceiptsOtherEventsAmt
Charitable Contri Other Events	$289,160	CharitableContriOtherEventsAmt
Gross Revenue Other Events	$237,688	GrossRevenueOtherEventsAmt
Cash Prizes Other Events	$0	CashPrizesOtherEventsAmt
Non Cash Prizes Other Events	$15,267	NonCashPrizesOtherEventsAmt
Rent Fclty Costs Other Events	$8,191	RentFcltyCostsOtherEventsAmt
Food And Beverage Other Events	$106,237	FoodAndBeverageOtherEventsAmt
Entertainment Other Events	$1,475	EntertainmentOtherEventsAmt
Oth Direct Expnss Other Events	$88,339	OthDirectExpnssOtherEventsAmt
Gross Receipts Total	$2,936,396	GrossReceiptsTotalAmt
Charitable Contributions Tot	$2,635,659	CharitableContributionsTotAmt
Gross Revenue Total Events	$300,737	GrossRevenueTotalEventsAmt
Cash Prizes Total Events	$0	CashPrizesTotalEventsAmt
Non Cash Prizes Total Events	$15,267	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$46,978	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$344,754	FoodAndBeverageTotalEventsAmt
Entertainment Total Events	$68,546	EntertainmentTotalEventsAmt
Oth Direct Expnss Total Events	$289,015	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$764,560	DirectExpenseSummaryEventsAmt
Net Income Summary	-$463,823	NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (115 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Recipient EINRecipientEIN	IRC SectionIRCSectionDesc	Cash GrantCashGrantAmt	Purpose Of GrantPurposeOfGrantTxt
AMERICAN ACADEMY OF ARTS AND SCIENCES
136 IRVING ST	CAMBRIDGE	MA	02138	042103651	501(C)(3)	$10,000	FUND SUPPORT
AMERICAN ENTERPRISE INS FOR PUBLIC POLICY
1789 MASSACHUSETTS AVE	WASHINGTON	DC	20036	530218495	501(C)(3)	$25,000	RESEARCH SUPPORT
AMERICAN FEDERATION CHILDREN GROWTH FUND
5950 BERKSHIRE LN STE 325	DALLAS	TX	75225	522111508	501(C)(3)	$50,000	FUND SUPPORT
AMERICAN RED CROSS
431 18TH ST	WASHINGTON	DC	20006	530196605	501(C)(3)	$105,000	RELIEF SUPPORT
AMERICA'S CHARITIES
14383 NEWBROOK DRIVE	CHANTILLY	VA	20151	541517707	501(C)(3)	$110,000	PROJECT SUPPORT
APALI
10319 DENISON AVENUE	CUPERTINO	CA	95014	815353675	501(C)(3)	$10,000	PROGRAM SUPPORT
BABY2BABY
5830 W JEFFERSON BLVD	LOS ANGELES	CA	90016	464503539	501(C)(3)	$10,000	FUND SUPPORT
BAY AREA CANCER CONNECTIONS
1511 S CLAREMONT ST	SAN MATEO	CA	94402	770417605	501(C)(3)	$895,000	FUND SUPPORT
BAY AREA COUNCIL
PIER 9 THE KLAMATH	SAN FRANCISCO	CA	94111	201826827	501(C)(3)	$10,000	EVENT SPONSORSHIP
BROADWAY DREAMS
8965 BROCKHAM WAY	ALPHARETTA	GA	30022	264771520	501(C)(3)	$15,000	GENERAL SUPPORT
BROADWAY DREAMS
8965 BROCKHAM WAY	ALPHARETTA	GA	30022	264771520	501(C)(3)	$11,000	EVENT SUPPORT
BUCK INSTITUTE FOR AGE RESEARCH
8001 REDWOOD BLVD	NOVATO	CA	94945	943030609	501(C)(3)	$100,000	INSTITUTE SUPPORT
CALMATTERS
1017 L ST 261	SACRAMENTO	CA	95814	472474086	501(C)(3)	$10,000	GENERAL SUPPORT
CENTER FOR INTEGRITY IN NEWS REPORTING
115 E CAPITOL AVE	LITTLE ROCK	AR	72201	992453350	501(C)(3)	$12,500	FUND SUPPORT
CHAMBER SAN MATEO COUNTY
255 SHORELINE DR	REDWOOD CITY	CA	94065	940377914	501(C)(6)	$15,350	EVENT SPONSORSHIP
COLLEGE TRACK
483 9TH ST STE 200	OAKLAND	CA	94607	943279613	501(C)(3)	$10,000	FUND SUPPORT
DANA FARBER CANCER INSTITUTE
450 BROOKLINE AVE BP 418	BOSTON	MA	02215	042263040	501(C)(3)	$1,200,000	FUND & RESEARCH SUPPORT
DUKE UNIVERSITY
BOX 104132	DURHAM	NC	27708	560532129	501(C)(3)	$27,000	FUND & PROGRAM SUPPORT
EASTSIDE COLLEGE PREPARATORY SCHOOL INC
1041 MYRTLE ST	EAST PALO ALTO	CA	94303	943187806	501(C)(3)	$10,000	PROGRAM SUPPORT
FIDELITY INVESTMENT CHARITABLE GIFT FUND
245 SUMMER ST	BOSTON	MA	02210	110303001	501(C)(3)	$30,050,000	FUND SUPPORT
FIELD INSTITUTE OF TAOS
PO BOX 2096	EL PRADO	NM	87529	850442587	501(C)(3)	$200,000	GENERAL SUPPORT
GOODNATION FOUNDATION INC
100 CROSBY ST STE 301	NEW YORK	NY	10012	814768448	501(C)(3)	$250,000	FUND SUPPORT
GRACE LUTHERAN CHURCH
3149 WAVERLY ST	PALO ALTO	CA	94306	941251133	501(C)(3)	$15,000	FUND SUPPORT
GRADUATE THEOLOGICAL UNION
2400 RIDGE RD	BERKELEY	CA	94709	941581707	501(C)(3)	$100,000	UNION SUPPORT
HARVARD UNIVERSITY
1033 MASSACHUSETTS AVE	CAMBRIDGE	MA	02138	042103580	501(C)(3)	$10,000	FUND SUPPORT
HIGHER GROUND SUN VALLEY INC
PO BOX 6791	KETCHUM	ID	83340	820512146	501(C)(3)	$30,000	FUND & GENERAL SUPPORT
HILLEL AT STANFORD UNIVERSITY
565 MAYFIELD AVE	STANFORD	CA	94305	770492512	501(C)(3)	$120,000	PROGRAM SUPPORT
HILLEL AT STANFORD UNIVERSITY
565 MAYFIELD AVE	STANFORD	CA	94305	770492512	501(C)(3)	$40,000	FUND SUPPORT
HISPANIC FOUNDATION OF SILICON VALLEY
1961 THE ALAMEDA	SAN JOSE	CA	95126	770481921	501(C)(3)	$15,000	EVENT SPONSORSHIP
HOPE FOR DEPRESSION RESEARCH FOUNDATION
40 W 57TH ST STE 1440	NEW YORK	NY	10019	204559210	501(C)(3)	$10,000	EVENT SUPPORT
INSTITUTE OF WORLD POLITICS
1521 16TH ST NW	WASHINGTON	DC	20036	521699641	501(C)(3)	$20,000	SCHOLARSHIP SUPPORT
IRANIAN SCHOLARSHIP FOUNDATION
PO BOX 7531	MENLO PARK	CA	94026	203100594	501(C)(3)	$20,000	EVENT SUPPORT
J DAVID GLADSTONE INSTITUTES
1650 OWENS ST	SAN FRANCISCO	CA	94158	237203666	501(C)(3)	$100,000	INSTITUTE SUPPORT
KHAN ACADEMY
PO BOX 1630	MOUNTAIN VIEW	CA	94042	261544963	501(C)(3)	$100,000	FUND SUPPORT
LATINO LEADERSHIP ALLIANCE
PO BOX 720425	SAN JOSE	CA	95172	271892083	501(C)(3)	$10,236	PROGRAM SUPPORT
LAUGHING STOCK THEATRE CO
PO BOX 3092	SUN VALLEY	ID	83353	820355298	501(C)(3)	$20,000	EVENT SUPPORT
LIFE MOVES A HOME FOR EVERYONE LUNCHEON
325 VILLA TERRACE	SAN MATEO	CA	94401	770160469	501(C)(3)	$10,000	EVENT SPONSORSHIP
LIFEMOVES
2550 GREAT AMERICA	SANTA CLARA	CA	95054	770160469	501(C)(3)	$25,000	GENERAL SUPPORT
LOS ALTOS EDUCATIONAL FOUNDATION
PO BOX 98	LOS ALTOS	CA	94023	942862793	501(C)(3)	$20,000	FUND SUPPORT
LOS ANGELES CHILDREN'S CHORUS
585 E COLORADO BLVD	PASADENA	CA	91101	954431730	501(C)(3)	$200,000	FUND SUPPORT
LOST TREE VILLAGE CHARITABLE FOUNDATION
8 CHURCH LN	NORTH PALM BEACH	FL	33408	592104920	501(C)(3)	$25,000	FUND SUPPORT
LUCILE PACKARD CHILDREN'S HOSPITAL
725 WELCH ROAD	PALO ALTO	CA	94304	770003859	501(C)(3)	$320,000	FUND SUPPORT
LUCILE PACKARD FOUNDATION FOR CHILDREN
400 HAMILTON AVE	PALO ALTO	CA	94301	770440090	501(C)(3)	$45,000	FUND SUPPORT
MAKE A WISH FOUNDATION OF AMERICA
1702 E HIGHLAND AVE	PHOENIX	AZ	85016	860481941	501(C)(3)	$10,000	FUND SUPPORT
MAKING WAVES FOUNDATION
3045 RESEARCH DR	RICHMOND	CA	94806	680204312	501(C)(3)	$150,000	SCHOLARSHIP SUPPORT
MASSACHUSETTS INSTITUTE OF TECHNOLOGY
77 MASSACHUSETTS AVE	CAMBRIDGE	MA	02139	042103594	501(C)(3)	$2,500,000	PAVILION SUPPORT
MAYO CLINIC ROCHESTER
200 FIRST ST SW	ROCHESTER	MN	55905	416011702	501(C)(3)	$1,000,000	RESEARCH SUPPORT
MUSIC HELPS
3413 GROOMS ST	AUSTIN	TX	78705	612088527	501(C)(3)	$75,000	EVENT SUPPORT
NATIONAL ACADEMY OF ENGINEERING
2101 CONSTITUTION AVE	WASHINGTON	DC	20418	237284092	501(C)(3)	$50,000	FUND SUPPORT
NEW YORK UNIVERSITY
25 W 4TH ST 4TH FL	NEW YORK	NY	10012	135562308	501(C)(3)	$7,500	INSTITUTE SUPPORT
PACIFIC JAZZ ORCHESTRA
345 N MAPLE DR	BEVERLY HILLS	CA	90210	884175363	501(C)(3)	$10,000	EVENT SUPPORT
PACIFIC RESEARCH INSTITUTE PUBLIC POLICY
PO BOX 60485	PASADENA	CA	91116	942528433	501(C)(3)	$175,000	POLICY SUPPORT
PALO ALTO CHAMBER
355 ALMA ST	PALO ALTO	CA	94301	940750244	501(C)(6)	$10,000	EVENT SPONSORSHIP
PALO ALTO UNIFIED SCHOOL DISTRICT
25 CHURCHILL AVE	PALO ALTO	CA	94306	942168440	501(C)(3)	$18,000	GENERAL SUPPORT
PARS EQUALITY CENTER
1635 THE ALAMEDA	SAN JOSE	CA	95126	272969900	501(C)(3)	$15,000	MEMBERSHIP SUPPORT
PEPPERDINE UNIVERSITY
24255 PACIFIC COAST HWY	MALIBU	CA	90263	951644037	501(C)(3)	$3,015,000	TAUBE FAMILY CHAIR SUPPORT
PERSIAN WOMEN IN TECH
20 GOLDEN POPPY DR	COTO DE CAZA	CA	92679	820656910	501(C)6	$10,000	EVENT SUPPORT
PHILANTHROPIC VENTURES FOUNDATION
1222 PRESERVATION PARK	OAKLAND	CA	94612	943136771	501(C)(3)	$173,250	FELLOWSHIP SUPPORT
RAFIKI FOUNDATION
PO BOX 1988	EUSTIS	FL	32727	742477089	501(C)(3)	$10,000	FOUNDATION SUPPORT
REDWOOD CITY PARKS & ARTS FOUNDATION
855 JEFFERSON AVE	REDWOOD CITY	CA	94064	454990174	501(C)(3)	$10,000	EVENT SPONSORSHIP
REJOICE MINISTRIES INTERNATIONAL
4400 PIERCE DR	NORFOLK	NE	68701	742758469	501(C)(3)	$10,000	PROGRAM SUPPORT
SAINT JOHNS HEALTH CENTER FOUNDATION
2121 SANTA MONICA	SANTA MONICA	CA	90404	956100079	501(C)(3)	$6,000	FUND SUPPORT
SAMUEL MERRITT UNIVERSITY
3100 TELEGRAPH AVE	OAKLAND	CA	94609	942992642	501(C)(3)	$30,000	SCHOLARSHIP SUPPORT
SAN FRANCISCO FORTY NINERS FOUNDATION
4949 MARIE P DEB WY	SANTA CLARA	CA	95054	770287514	501(C)(3)	$100,000	FUND SUPPORT
SAN FRANCISCO MUSEUM OF MODERN ART
151 3RD ST	SAN FRANCISCO	CA	941033107	941156300	501(C)(3)	$20,000	MEMBERSHIP SUPPORT
SAN FRANCISCO MUSEUM OF MODERN ART
151 3RD ST	SAN FRANCISCO	CA	941033107	941156300	501(C)(3)	$250,000	FUND SUPPORT
SAN FRANCISCO OPERA ASSOCIATION
301 VAN NESS AVE	SAN FRANCISCO	CA	94102	940836240	501(C)(3)	$500,000	EVENT SUPPORT
SAN FRANCISCO OPERA ASSOCIATION
301 VAN NESS AVE	SAN FRANCISCO	CA	94102	940836240	501(C)(3)	$200,000	GENERAL SUPPORT
SAN MATEO COUNTY HISTORICAL ASSOCIATION
2200 BROADWAY ST	REDWOOD CITY	CA	94063	237186194	501(C)(3)	$2,000,000	CONSTRUCTION SUPPORT
SANTA CLARA UNIVERSITY
500 EL CAMINO REAL	SANTA CLARA	CA	95053	941156617	501(C)(3)	$300,000	INITIATIVE SUPPORT
SARASOTA MEMORIAL HEALTHCARE FOUNDATION INC
1515 S OSPREY AVE	SARASOTA	FL	342392918	510188568	501(C)(3)	$10,000	FUND SUPPORT
SEQUOIA AWARDS
PO BOX 2355	REDWOOD CITY	CA	94064	943148844	501(C)(3)	$6,750	EVENT SPONSORSHIP
SILICON VALLEY COMMUNITY FOUNDATION
444 CASTRO ST	MOUNTAIN VIEW	CA	94041	205205488	501(C)(3)	$200,000	FOUNDATION SUPPORT
SPUR
654 MADISON ST	SAN FRANCISCO	CA	94105	941498232	501(C)(3)	$100,000	FUND SUPPORT
ST NICHOLAS & ST WILLIAM PARISH
473 LINCOLN AVE	LOS ALTOS	CA	94022	942734503	501(C)(3)	$10,000	FUND SUPPORT
STANFORD HEALTH CARE
300 PASTEUR DRIVE	STANFORD	CA	94305	946174066	501(C)(3)	$10,607,160	GENERAL SUPPORT
STANFORD HEALTH CARE
300 PASTEUR DRIVE	STANFORD	CA	94305	946174066	501(C)(3)	$75,000	HEALTH CARE FUND
STANFORD HEALTH CARE
300 PASTEUR DRIVE	STANFORD	CA	94305	946174066	501(C)(3)	$34,000	PROGRAM SUPPORT
STONY BROOK FOUNDATION INC
230 ADMIN BLDG	STONY BROOK	NY	117941188	116077945	501(C)(3)	$40,000	FUND SUPPORT
SUMMER SEARCH
304 12TH ST STE 4A	OAKLAND	CA	94607	680200138	501(C)(3)	$15,000	EVENT SUPPORT
SVHOME
350 W JULIAN ST 5	SAN JOSE	CA	95110	814755729	501(C)(3)	$15,000	AFFORDABLE HOUSING
SYNAPSE SCHOOL
3375 EDISON WAY	MENLO PARK	CA	94025	460631841	501(C)(3)	$10,000	FUND SUPPORT
TAOS SPORTS ASSOCIATES INC
PO BOX 3011	TAOS	NM	87571	850241076	501(C)(3)	$130,000	PROGRAM SUPPORT
THE DAVID SHELDRICK WILDLIFE TRUST USA INC
25283 CABOT RD 101	LAGUNA HILLS	CA	92653	300224549	501(C)(3)	$10,000	FUND SUPPORT
THE GEORGE & BARBARA BUSH FOUNDATION
PO BOX 14141	COLLEGE STATION	TX	77841	760345781	501(C)(3)	$25,000	CAMPAIGN SUPPORT
THE INDEPENDENT INSTITUTE
100 SWAN WAY STE 200	OAKLAND	CA	94621	943008370	501(C)(3)	$15,000	CURRICULUM SUPPORT
THE MORGRIDGE INSTITUTE FOUNDATION INC
330 NORTH ORCHARD ST	MADISON	WI	53715	822760376	501(C)(3)	$50,000,000	ENDOWMENT SUPPORT
THE RONALD REAGAN FOUNDATION & INSTITUTE
40 PRESIDENTIAL DR	SIMI VALLEY	CA	93065	770054631	501(C)(3)	$300,000	FUND SUPPORT
THE UCLA FOUNDATION
10889 WILSHIRE BLVD	LOS ANGELES	CA	90024	952250801	501(C)(3)	$20,000	FUND SUPPORT
THE UCLA FOUNDATION
10889 WILSHIRE BLVD	LOS ANGELES	CA	90024	952250801	501(C)(3)	$20,000	FELLOWSHIP SUPPORT
THE WASHINGTON INSTITUTE NEAR EAST POLICY
1111 19TH ST NW	WASHINGTON	DC	20036	521376034	501(C)(3)	$150,000	FELLOWSHIP SUPPORT
TIPPING POINT COMMUNITY
220 MONTGOMERY ST	SAN FRANCISCO	CA	94104	202121739	501(C)(3)	$750,000	GENERAL SUPPORT
TRINITY CHURCH SANTA BARBARA
1500 STATE ST	SANTA BARBARA	CA	93101	951750018	501(C)(3)	$50,000	FUND SUPPORT
UC SANTA BARBARA FOUNDATION
UNIV OF CALI	SANTA BARBARA	CA	931061130	237314834	501(C)(3)	$66,500	EVENT SUPPORT
UC SANTA BARBARA FOUNDATION
UNIV OF CALI	SANTA BARBARA	CA	931061130	237314834	501(C)(3)	$340,000	DEPARTMENT SUPPORT
UC SANTA BARBARA FOUNDATION
UNIV OF CALI	SANTA BARBARA	CA	931061130	237314834	501(C)(3)	$1,000,000	FOUNDATION SUPPORT
UCSF FOUNDATION
2001 EMBARCADERO	SAN FRANCISCO	CA	94133	942829914	501(C)(3)	$1,000,000	FUND SUPPORT
UNITED STATES HOLOCAUST MEMORIAL MUSEUM
100 RAOUL WALLENBERG	WASHINGTON	DC	20024	521309391	501(C)(3)	$50,000	MUSEUM SUPPORT
UNIVERSITY OF CALIFORNIA BERKELEY FDN
1995 UNIVERSITY AVE	BERKELEY	CA	94704	946090626	501(C)(3)	$125,000	MAGNES COLLECTION SUPPORT
UNIVERSITY OF CALIFORNIA BERKELEY FDN
1996 UNIVERSITY AVE	BERKELEY	CA	94704	946090626	501(C)(3)	$30,000	PROGRAM SUPPORT
UNIVERSITY OF ROCHESTER
910 GENESEE ST	ROCHESTER	NY	146113847	160743209	501(C)(3)	$50,000	SCHOOL SUPPORT
UNIVERSITY OF ROCHESTER
910 GENESEE ST	ROCHESTER	NY	146113847	160743209	501(C)(3)	$50,000	PROFESSORSHIP SUPPORT
US OLYMPIC AND PARALYMPIC FOUNDATION
1 OLYMPIC PLAZA	COLORADO SPRINGS	CO	80909	800939841	501(C)(3)	$75,000	GIFT SUPPORT
USPTC EDUCATION & EXCHANGE FOUNDATION
2625 MIDDLEFIELD RD	PALO ALTO	CA	94306	852060116	501(C)(3)	$40,000	EVENT SUPPORT
VILLANOVA UNIVERSITY
800 LANCASTER AVE	VILLANOVA	PA	19085	231352688	501(C)(3)	$50,000	FUND SUPPORT
WAKE FOREST UNIVERSITY
PO BOX 7201	WINSTON SALEM	NC	27106	560532138	501(C)(3)	$167,000	TEAM SUPPORT
WNET NEW YORK PUBLIC MEDIA
825 EIGHTH AVE FLR 14	NEW YORK	NY	10019	262810489	501(C)(3)	$15,000	PROGRAM SUPPORT
WOMENONE LTD
19 E 88TH ST	NEW YORK	NY	10128	263679243	501(C)(3)	$90,000	FUND SUPPORT
WOMENS SPORTS FOUNDATION INC
247 W 30TH ST 5TH FL	NEW YORK	NY	10001	237380557	501(C)(3)	$50,000	FUND SUPPORT
WOOD RIVER COMMUNITY YOUNG MENS ASSOCIATION
PO BOX 6801	KETCHUM	ID	83340	820481436	501(C)(3)	$10,000	LEADERSHIP SUPPORT
WOOD RIVER COMMUNITY YOUNG MENS ASSOCIATION
PO BOX 6801	KETCHUM	ID	83340	820481436	501(C)(3)	$10,000	PROGRAM SUPPORT
WORKING PARTNERSHIP USA
2302 ZANKER ROAD	SAN JOSE	CA	95131	770387535	501(C)(3)	$10,000	EVENT SPONSORSHIP
WORLD CENTRAL KITCHEN INC
200 MASSACHUSETTS AVE	WASHINGTON	DC	20001	273521132	501(C)(3)	$25,000	FUND SUPPORT
WU YEE CHILDREN'S SERVICES
827 BROADWAY ST	SAN FRANCISCO	CA	94133	942387002	501(C)(3)	$125,000	CAMPAIGN SUPPORT
YALE UNIVERSITY
157 CHURCH ST 9TH FLR	NEW HAVEN	CT	06510	060646973	501(C)(3)	$1,051,166	UNIVERSITY SUPPORT

Field	Value	IRS element (for citing)
Total501c3 Org	100	Total501c3OrgCnt
Total Other Org	3	TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

Field	Value	IRS element (for citing)
Grant Type	FINANCIAL AID TO STUDENTS	GrantTypeTxt
Recipient	13345	RecipientCnt
Cash Grant	$758,600,554	CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	GRANTS AND ASSISTANCE	FormAndLineReferenceDesc
Explanation	PART I, LINE 2 ONE OF THE UNIVERSITY'S HIGHEST PRIORITIES IS TO REMAIN AFFORDABLE AND ACCESSIBLE TO THE MOST TALENTED STUDENTS, REGARDLESS OF THEIR FINANCIAL CIRCUMSTANCES. THE UNIVERSITY'S ADMISSION PROCESS FOR UNDERGRADUATE STUDENTS FROM THE UNITED STATES IS NEED-BLIND, WHICH MEANS THAT STUDENTS ARE ADMITTED IRRESPECTIVE OF THEIR ABILITY TO PAY; THE UNIVERSITY PROVIDES THE FINANCIAL AID NECESSARY TO MAKE STANFORD AFFORDABLE TO EVERY ADMITTED STUDENT. FOR INTERNATIONAL STUDENTS, THE UNIVERSITY IS NEED-AWARE: STANFORD ANALYZES THE NEED FOR AID AND AIMS TO MEET THE DETERMINED NEED. SINCE 2000, THE UNIVERSITY HAS CONTINUED TO ENHANCE ITS FINANCIAL AID PROGRAMS FOR BOTH ITS UNDERGRADUATE AND GRADUATE STUDENTS. DURING FY25, FAMILIES OF UNDERGRADUATE STUDENTS FROM THE U.S. WITH INCOMES BELOW $150,000 AND ASSETS TYPICAL OF THAT INCOME LEVEL RECEIVE AT LEAST ENOUGH SCHOLARSHIP TO COVER THE COST OF TUITION. THOSE WITH INCOMES BELOW $100,000 WITH TYPICAL ASSETS, WILL NOT HAVE TO PAY TUITION, ROOM OR BOARD. STANFORD PROVIDES VALUABLE FINANCIAL SUPPORT TO ELIGIBLE GRADUATE STUDENTS WHICH ENABLES THEM TO PURSUE THEIR ADVANCED STUDIES. FUNDING MAY TAKE DIFFERENT FORMS, SUCH AS FELLOWSHIPS AND ASSISTANTSHIPS, AND THESE IN TURN FURTHER THEIR GRADUATE PROFESSIONAL DEVELOPMENT AND PROGRESS TO DEGREE COMPLETION. IN THE CASE OF GRADUATE RESEARCH AND TEACHING ASSISTANTSHIPS AS WELL AS FELLOWSHIPS, THE FUNDING COVERS PART OF STANFORD'S TUITION (WHICH IS FREE OF INCOME TAX), IN ADDITION TO PROVIDING A STIPEND OR SALARY THAT HELPS STUDENTS WITH THEIR LIVING EXPENSES. BOTH COMPONENTS ARE ESSENTIAL FOR DOCTORAL STUDENTS IN PARTICULAR, AS IT TAKES SEVERAL YEARS TO GAIN THEIR MASTERY OF SPECIALIZED SKILLS AND CONTENT KNOWLEDGE IN THEIR CHOSEN FIELDS. GRADUATE STUDENT FINANCIAL AID AND OTHER SUPPORT IS AWARDED BASED ON ACADEMIC MERIT AND THE AVAILABILITY OF AID. STANFORD HAS ASSUMED MORE OF THE FINANCIAL WEIGHT OF SUPPORTING ITS GRADUATE STUDENTS. IN FY25, OVER 80% OF GRADUATE STUDENTS RECEIVED FINANCIAL SUPPORT. THE KNIGHT-HENNESSY SCHOLARS PROGRAM IS AN ADDITIONAL SOURCE OF GRADUATE STUDENT SUPPORT. THE PROGRAM PROVIDES FULL FUNDING FOR THREE YEARS TO ENABLE GRADUATE STUDENTS TO PURSUE ADVANCED DEGREES AND DEVELOP THE CAPACITY TO LEAD AND BRING ABOUT POSITIVE CHANGES IN THE WORLD. THE TOTAL FINANCIAL AID INCLUDES $473,152,161 IN MERIT AND NEED-BASED SCHOLARSHIPS AND FELLOWSHIPS. AN ADDITIONAL $287,413,864 REFLECTS AMOUNTS PAID FOR ADDITIONAL FINANCIAL SUPPORT TO STUDENTS, INCLUDING PAYMENTS FOR HEALTH INSURANCE, LIVING EXPENSES, AND SUPPORT OF POSTDOCTORAL FELLOWS. THESE AMOUNTS INCLUDE $1,965,471 IN GRANTS TO INDIVIDUALS OUTSIDE THE UNITED STATES. GRANTS LISTED IN PART II ARE PRIMARILY GRANTS MADE FROM DONOR ADVISED FUNDS (DAF). A DAF IS A GIVING ACCOUNT ESTABLISHED AT STANFORD WHICH ALLOWS DONORS TO MAKE A CHARITABLE CONTRIBUTION TO THE UNIVERSITY AS A PUBLIC CHARITY DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AND THEN RECOMMEND GRANTS TO OTHER CHARITIES FROM THE ACCOUNT OVER TIME. WHILE STANFORD HAS LEGAL CONTROL OVER THE FUNDS IN THE ACCOUNT, THE DONOR RETAINS ADVISORY PRIVILEGES WITH RESPECT TO THE DISTRIBUTION OF FUNDS. ANY GRANTS MADE AT THE REQUEST OF THE DONOR ARE REVIEWED AND APPROVED BY SENIOR OFFICIALS IN THE UNIVERSITY OFFICE OF DEVELOPMENT PRIOR TO DISBURSEMENT. ONLY GRANTS MADE DURING THE TAX YEAR ARE REPORTED ON SCHEDULE I. SUB-GRANTS STANFORD OCCASIONALLY RECEIVES GRANT SUPPORT THAT IS DISBURSED TO OTHER INDIVIDUALS OR ENTITIES PER THE TERMS OF THE AWARD. IN MOST CASES, PRIOR TO THE GRANT TO STANFORD, THE UNIVERSITY WILL PROVIDE THE GRANTING ENTITY WITH A LIST OF SUCH CONTEMPLATED RECIPIENTS. GENERALLY, AS WORK ON THE GRANT PROGRESSES, CHANGES TO THESE RECIPIENTS MUST BE APPROVED BY THE GRANTING AGENCY. DUE TO THESE REVIEW REQUIREMENTS OF THE GRANTING AGENCY, STANFORD DOES NOT REPORT SUCH PAYMENTS ON FORM 990, SCHEDULE I.	ExplanationTxt

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
First Class Or Charter Travel	Yes (X)	FirstClassOrCharterTravelInd
Housing Allowance Or Residence	Yes (X)	HousingAllowanceOrResidenceInd
Personal Services	Yes (X)	PersonalServicesInd
Written Policy Ref T And E Expnss	Yes (true)	WrittenPolicyRefTAndEExpnssInd
Substantiation Required	Yes (true)	SubstantiationRequiredInd
Compensation Committee	Yes (X)	CompensationCommitteeInd
Independent Consultant	Yes (X)	IndependentConsultantInd
Form990 Of Other Organizations	Yes (X)	Form990OfOtherOrganizationsInd
Compensation Survey	Yes (X)	CompensationSurveyInd
Board Or Committee Approval	Yes (X)	BoardOrCommitteeApprovalInd
Severance Payment	false	SeverancePaymentInd
Supplemental Nonqual Rtr Plan	Yes (true)	SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm	false	EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org	false	CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs	false	CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org	false	CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs	false	CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments	Yes (true)	AnyNonFixedPaymentsInd
Initial Contract Exception	false	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (24 entries)

TitleTitleTxt	Base Compensation Filing OrgBaseCompensationFilingOrgAmt	Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt	Bonus Filing OrganizationBonusFilingOrganizationAmount	Bonus Related OrganizationsBonusRelatedOrganizationsAmt	Other Compensation Filing OrgOtherCompensationFilingOrgAmt	Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt	Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt	Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt	Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt	Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt	Total Compensation Filing OrgTotalCompensationFilingOrgAmt	Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt	Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt	Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt
JONATHAN D LEVIN
PRESIDENT/TRUSTEE	$1,305,343	$0	$0	$0	$875	$0	$218,926	$0	$39,741	$0	$1,564,885	$0	$0	$0
RYAN M ADESNIK
VP GOVERNMENT AFFAIRS	$457,472	$0	$69,750	$0	$25	$0	$116,625	$0	$72,471	$0	$716,343	$0	$0	$0
MEGAN PIERSON
VP UNIVERSITY AFFAIRS	$612,915	$0	$186,000	$0	$10,000	$0	$215,056	$0	$37,926	$0	$1,061,897	$0	$0	$0
DEBORAH CULLINAN
VP ARTS	$470,540	$0	$70,500	$0	$0	$0	$45,671	$0	$46,256	$0	$632,967	$0	$0	$0
JON DENNEY
VP DEVELOPMENT, THRU 6/6/2025	$830,940	$0	$203,200	$0	$25	$0	$34,500	$0	$47,086	$0	$1,115,751	$0	$0	$0
JENNY MARTINEZ
PROVOST	$1,169,773	$0	$100,000	$0	$0	$0	$343,071	$0	$89,676	$0	$1,702,520	$0	$0	$0
FARNAZ KHADEM
VP COMMUNICATION	$489,556	$0	$73,500	$0	$27,108	$0	$39,729	$0	$24,695	$0	$654,588	$0	$0	$0
RANDALL LIVINGSTON
VP BUS AFF/CFO, THRU 8/31/2025	$949,448	$0	$0	$0	$21,808	$0	$164,842	$0	$37,897	$0	$1,173,995	$0	$0	$0
ROBERT C REIDY
VP LAND, BUILDINGS, REAL EST	$717,828	$0	$400,000	$0	$881,247	$0	$323,389	$0	$23,085	$0	$2,345,549	$0	$422,222	$0
MARTIN SHELL
VP & CHIEF ERO, INTERIM VP DEV	$871,499	$0	$250,000	$0	$316,881	$0	$138,167	$0	$56,777	$0	$1,633,324	$0	$223,889	$0
HOWARD WOLF
VP ALUM AFFAIR,PRES ALUM ASSOC	$592,359	$0	$70,000	$0	$13,846	$0	$215,056	$0	$60,568	$0	$951,829	$0	$0	$0
ELIZABETH ZACHARIAS
VP HUMAN RESOURCES	$529,278	$0	$106,200	$0	$21,732	$0	$293,000	$0	$77,250	$0	$1,027,460	$0	$0	$0
DEBRA ZUMWALT
VP GENERAL COUNSEL	$965,262	$0	$0	$0	$22,038	$0	$155,735	$0	$22,108	$0	$1,165,143	$0	$0	$0
ROBERT F WALLACE
CHIEF EXECUTIVE OFFICER, SMC	$1,201,351	$0	$2,325,000	$0	$1,881,300	$0	$827,800	$0	$76,051	$0	$6,311,502	$0	$927,386	$0
KATHRYN ANN MOLER
VP OF SLAC, APPT 9/23/2024	$601,163	$0	$100,000	$0	$132,085	$0	$34,500	$0	$67,315	$0	$935,063	$0	$0	$0
LLOYD B MINOR
VP MEDICAL AFFAIRS	$2,379,070	$0	$600,000	$0	$8,054	$0	$690,750	$0	$49,410	$0	$3,727,284	$0	$0	$0
FRANK HANLEY
CHIEF, PED CARDIOTHORACIC	$2,108,300	$0	$2,600,000	$0	$552,518	$0	$34,500	$0	$32,664	$0	$5,327,982	$0	$0	$0
JAY KANG
SR. MD, SMC, THRU 12/19/2024	$848,850	$0	$2,144,375	$0	$856,753	$0	$34,500	$0	$57,978	$0	$3,942,456	$0	$338,057	$0
TROY SCOTT TAYLOR
DIR. OF FOOTBALL, THRU 3/25/25	$3,288,608	$0	$150,000	$0	$71,736	$0	$20,700	$0	$57,498	$0	$3,588,542	$0	$0	$0
PHILIP A PIZZO
FORMER DEAN SCHOOL OF MEDICINE	$0	$0	$0	$0	$4,156,115	$0	$0	$0	$0	$0	$4,156,115	$0	$728,875	$0
BERNARD MUIR
ATHLETICS DIR, THRU 8/31/2025	$2,120,587	$0	$365,000	$0	$741,288	$0	$203,944	$0	$50,405	$0	$3,481,224	$0	$41,667	$0
RICHARD P SALLER
FORMER PRESIDENT	$448,377	$0	$500,000	$0	$950,538	$0	$34,500	$0	$106,874	$0	$2,040,289	$0	$0	$0
MARC TESSIER-LAVIGNE
FORMER PRESIDENT	$555,340	$0	$0	$0	$741,402	$0	$159,500	$0	$21,703	$0	$1,477,945	$0	$656,223	$0
PERSIS DRELL
FORMER PROVOST	$931,768	$0	$0	$0	$0	$0	$284,500	$0	$35,874	$0	$1,252,142	$0	$0	$0

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART I, LINE 1A	FIRST-CLASS, COMPANION AND CHARTER TRAVEL STANFORD UNIVERSITY TRAVEL POLICY GENERALLY REQUIRES ALL EMPLOYEES, INCLUDING PERSONS LISTED ON FORM 990, PART VII, LINE 1A, TO USE THE MOST ECONOMICAL MODE OF TRANSPORTATION AVAILABLE CONSISTENT WITH THE AUTHORIZED BUSINESS PURPOSE OF THE TRAVEL. FIRST CLASS TRAVEL IS AUTHORIZED IN SOME INSTANCES, SUCH AS ON INTERNATIONAL FLIGHTS OVER A CERTAIN LENGTH, IF NO BUSINESS CLASS SERVICE IS AVAILABLE ON THE FLIGHT. FIRST CLASS TRAVEL IS ALSO AUTHORIZED IN CASE OF A MEDICAL NEED OR OTHER EXIGENCY APPROVED BY THE PROVOST. IN ADDITION, THE PRESIDENT HAS PERMISSION TO FLY FIRST CLASS ON CERTAIN DOMESTIC FLIGHTS DEPENDING ON LENGTH. OCCASIONALLY, THE UNIVERSITY MAY PURCHASE CHARTERED AIRCRAFT SERVICES WHEN DEEMED APPROPRIATE FOR THE CONDUCT OF UNIVERSITY BUSINESS AND PURSUANT TO UNIVERSITY POLICY RELATED TO CHARTER TRAVEL. IN COMPLIANCE WITH THE UNIVERSITY'S TRAVEL POLICY DESCRIBED ABOVE, FOUR EMPLOYEES LISTED ON PART VII USED FIRST CLASS TRAVEL SERVICES DURING CALENDAR YEAR 2024. IN GENERAL, COMPANION TRAVEL IS REIMBURSABLE ONLY IF THE ACCOMPANYING PERSON HAS A POSITION WITH THE UNIVERSITY AND IS TRAVELING TO MAKE A SIGNIFICANT CONTRIBUTION IN FURTHERANCE OF UNIVERSITY BUSINESS. EXCEPTIONS TO THIS POLICY ARE RARE AND MUST BE APPROVED IN ADVANCE OF TRAVEL BY THE PROVOST. NO EMPLOYEE LISTED ON PART VII RECEIVED COMPANION TRAVEL DURING CALENDAR YEAR 2024. NON-TAXABLE HOUSING/PERSONAL SERVICES AS A CONDITION OF EMPLOYMENT AND FOR THE CONVENIENCE OF THE UNIVERSITY, THE PRESIDENT AND THE PROVOST ARE REQUIRED TO LIVE ON CAMPUS. THESE RESIDENCES ARE USED FREQUENTLY FOR UNIVERSITY BUSINESS INCLUDING OFFICIAL GATHERINGS OF FACULTY, STAFF, STUDENTS, ALUMNI, DONORS AND THEIR FAMILIES. WHERE APPLICABLE AND AS PART OF A PROGRAM OF APPROPRIATE AND REGULAR MAINTENANCE OF THESE HOUSES, THE UNIVERSITY PROVIDES CLEANING SERVICE FOR THE PUBLIC AND PRIVATE AREAS. THE UNIVERSITY HAS INCLUDED AS NONTAXABLE COMPENSATION IN COLUMN D THE ESTIMATED RENTAL VALUE OF HOUSING BASED UPON THE PREVAILING RENTAL RATES IN THE LOCAL AREA, AND WHERE APPLICABLE, ACTUAL COSTS OF RELATED SERVICES, INCLUDING MAINTENANCE AND UTILITIES DURING CALENDAR YEAR 2024. THE FOLLOWING INDIVIDUALS RECEIVED TAXABLE HOUSING BENEFITS DURING CALENDAR YEAR 2024: FARNAZ KHADEM, FRANK HANLEY, LLOYD B. MINOR, ROBERT F. WALLACE, ELIZABETH ZACHARIAS, KATHRYN ANN MOLER AND TROY SCOTT TAYLOR. THESE AMOUNTS ARE INCLUDED IN SCHEDULE J, PART II, COLUMN (B)(III).
PART I, LINE 4B	DEFERRED COMPENSATION PLAN PROVISIONS CERTAIN OFFICERS AND OTHERS LISTED IN PART VII, SECTION A, LINE 1A PARTICIPATE IN A DEFERRED COMPENSATION PLAN. AMOUNTS ARE CREDITED TO THE PLAN BASED ON PERFORMANCE AND CERTAIN OTHER FACTORS. PLAN BALANCES ARE SUBJECT TO FORFEITURE AND/OR PAYMENT IF CERTAIN CONDITIONS ARE MET. CERTAIN BONUS AMOUNTS MAY BE DEFERRED AND PAID IN A LATER YEAR SUBJECT TO IRC SECTION 457(F). IN GENERAL, PER THE INSTRUCTIONS FOR SCHEDULE J, PART II, COLUMN (C), DEFERRED COMPENSATION IS TREATED AS EARNED RATABLY OVER THE PERIOD OF SERVICE REQUIRED FOR VESTING. A MONTHLY CONVENTION HAS BEEN USED TO PRORATE AMOUNTS OVER THE APPLICABLE VESTING PERIOD. COLUMN (C) DOES NOT INCLUDE AMOUNTS DEFERRED IN A CALENDAR YEAR TO A DATE ON OR BEFORE MARCH 15TH OF THE FOLLOWING CALENDAR YEAR. THE NET EFFECT OF APPLYING THE FOREGOING RULES AND CONVENTIONS, AND DIFFERING VESTING SCHEDULES, IS THAT DEFERRED COMPENSATION REPORTED IN COLUMN (C) FOR AN INDIVIDUAL MAY VARY OVER TIME. DEFERRED COMPENSATION IS REPORTED IN SCHEDULE J, PART II, COLUMN (C), AS DESCRIBED ABOVE, AND IS REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III), AND COLUMN (F) IN THE YEAR OF PAYMENT, IF APPLICABLE. THE FOLLOWING INDIVIDUALS RECEIVED PAYMENT FROM THEIR DEFERRED COMPENSATION ACCOUNT DURING CALENDAR YEAR 2024: ROBERT F. WALLACE, $1,874,454; ROBERT C. REIDY, $864,863; MARTIN SHELL, $296,779; JAY KANG, $736,223; PHILIP A. PIZZO, $4,156,115; BERNARD MUIR, $737,257. SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (SERPS) THE UNIVERSITY PROVIDES FORMER PRESIDENT MARC TESSIER-LAVIGNE WITH A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO SUPPLEMENT HIS OTHER RETIREMENT BENEFITS. THE SERP WAS EARNED GRADUALLY OVER HIS TERM OF SERVICE AS PRESIDENT. IN FY2025, THE PRESIDENT BECAME ELIGIBLE TO RECEIVE FIRST OF HIS THREE PAYOUT FOR THE AMOUNT ACCRUED UNDER THE SERP. THE TOTAL PAYOUT HE RECEIVED WAS $741,402, AND WAS REPORTED IN SCHEDULE J, PART II, COLUMN B(III).
PART I, LINE 7 AND PART II, COLUMN (B)(II)	VARIABLE COMPENSATION OF SCHOOL OF MEDICINE FACULTY TOTAL COMPENSATION FOR FACULTY IN THE SCHOOL OF MEDICINE IS MADE UP OF THE FOLLOWING INTEGRAL COMPONENTS: SALARY AND BENEFITS, ADMINISTRATIVE SUPPLEMENTS, AND BONUSES AWARDED UNDER DEPARTMENTAL PLANS. BASE SALARY IS BASED ON ACADEMIC RANK (E.G., PROFESSOR, ASSISTANT PROFESSOR). A VARIABLE COMPONENT OF SALARY IS DETERMINED BY THE CONTRIBUTION OF THE INDIVIDUAL TO THE DEPARTMENT/DIVISION AND THE CLINICAL SPECIALTY OF THE FACULTY MEMBER. OTHER SALARY SUPPLEMENTS ARE OCCASIONALLY USED TO PROVIDE FOR COMPENSATION GIVEN UP BY A FACULTY MEMBER WHEN ASSUMING A POSITION AT STANFORD. ADMINISTRATIVE SUPPLEMENTS ARE PAID TO FACULTY WHO TAKE ON DUTIES WHICH ARE OUTSIDE THEIR USUAL FACULTY RESPONSIBILITIES AND OUTSIDE NORMAL COMMITTEE WORK. INCENTIVE BONUSES ARE CONSIDERED A FUNDAMENTAL COMPONENT OF TOTAL COMPENSATION. THEY ARE PAID OUT BY THE DEPARTMENTS BASED ON THE DEPARTMENTS' INCENTIVE BONUS PLAN MEASURING THE FACULTY MEMBER'S EFFORTS IN ADMINISTRATIVE LEADERSHIP, CLINICAL, RESEARCH, AND/OR TEACHING AREAS AS DEFINED BY THE PLAN. IN ADDITION, THE DEAN HAS A BONUS PLAN FOR CLINICAL CHAIRS BASED ON ACHIEVEMENT OF LEADERSHIP GOALS. SOME DEPARTMENTS HAVE "ON-CALL"COVERAGE" BONUSES TO PROVIDE COMPENSATION FOR A FACULTY MEMBER'S PROVIDING OFF-HOURS COVERAGE. VARIABLE COMPENSATION OF INVESTMENT PROFESSIONALS A PORTION OF THE COMPENSATION PAID TO EACH LISTED INVESTMENT PROFESSIONAL AT STANFORD MANAGEMENT COMPANY (SMC) IS BASED ON A COMBINATION OF THREE FACTORS: MERGED POOL ANNUALIZED PERFORMANCE VERSUS A BENCHMARK PORTFOLIO, MERGED POOL ANNUALIZED PERFORMANCE VERSUS THE PERFORMANCE OF CERTAIN OTHER COLLEGE AND UNIVERSITY ENDOWMENT INVESTMENT POOLS IN THE UNITED STATES, AND INDIVIDUAL PERFORMANCE. VARIABLE COMPENSATION OF ATHLETICS PROFESSIONALS LISTED ATHLETICS PROFESSIONALS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON FACTORS INCLUDING THE ACADEMIC PERFORMANCE OF THE STUDENT-ATHLETES, ATHLETIC PERFORMANCE, ATTENDANCE AT ATHLETIC EVENTS, AND/OR LEADERSHIP, AS PROVIDED IN THE PROFESSIONALS' COMPENSATION AGREEMENTS. VARIABLE COMPENSATION OF DEVELOPMENT PROFESSIONALS LISTED DEVELOPMENT PROFESSIONALS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON PERFORMANCE AGAINST METRICS INCLUDING NEW DEVELOPMENT ACTIVITY, THREE-YEAR AVERAGE CASH RESULTS, AND ONE-YEAR CASH RESULTS. VARIABLE COMPENSATION OF OFFICERS AND OTHERS OFFICERS AND OTHERS ARE ELIGIBLE TO RECEIVE BONUSES AND INCENTIVE COMPENSATION BASED ON PERFORMANCE. CURRENT YEAR BONUS AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN B(II). CERTAIN BONUS AMOUNTS MAY BE DEFERRED AND PAID IN A LATER YEAR SUBJECT TO IRC SECTION 457(F). SUCH AMOUNTS ARE REPORTED IN SCHEDULE J, PART II, COLUMN (C) RATABLY OVER THE PERIOD OF TIME REQUIRED FOR VESTING AND REPORTED IN SCHEDULE J, PART II, COLUMN (B)(III) AND COLUMN (F) IN THE YEAR OF PAYMENT, IF APPLICABLE.
PART II, COLUMN (B)(III)	OTHER REPORTABLE COMPENSATION IN PART II, COLUMN (B)(III) INCLUDES HOUSING ASSISTANCE AND OTHER MISCELLANEOUS COMPENSATION, SUCH AS PAYMENT IN LIEU OF SABBATICAL LEAVE. THIS DOES NOT INCLUDE VARIOUS ITEMS OF "LISTED PROPERTY" (E.G., COMPUTERS AND PERIPHERALS) THAT STANFORD HAS PROVIDED TO THE ABOVE LISTED EMPLOYEES PRINCIPALLY FOR THEIR BUSINESS USE AND NOT AS COMPENSATION.
PART II, COLUMNS (C) AND (D)	LISTED PERSONS ACCRUE FUTURE BENEFITS THAT ARE AVAILABLE TO ALL STANFORD EMPLOYEES, SUCH AS POST-RETIREMENT MEDICAL INSURANCE AND TUITION BENEFITS, AND LISTED PERSONS WHO ARE ALSO FACULTY OR OFFICERS ACCRUE FUTURE BENEFITS SUCH AS SABBATICAL. THESE BENEFITS ARE SUBJECT TO CERTAIN ELIGIBILITY REQUIREMENTS SUCH AS AGE, YEARS OF SERVICE, AND EMPLOYEE CLASSIFICATION. FOR SOME BENEFIT PLANS, THE UNIVERSITY RESERVES THE RIGHT TO CHANGE ELIGIBILITY REQUIREMENTS AND/OR THE NATURE AND EXTENT OF THE BENEFIT BEING PROMISED. THE VALUE OF THESE BENEFITS IS REPORTED FOR EACH LISTED PERSON IN THE YEAR, IF ANY, SUCH BENEFITS ARE RECEIVED.
PART II, COLUMN (F)	AMOUNTS APPEARING IN COLUMN (F) ARE DEFERRED COMPENSATION PAYMENTS REPORTED IN COLUMN (C) IN PRIOR YEARS AND THAT ARE REPORTED (A SECOND TIME) IN COLUMN (B)(III) IN THE CURRENT YEAR UPON RECEIPT.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (3 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY S
A	521705592	130175P89	2004-06-24	$181,196,530	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-1&3
B	521705592	130178JD9	2007-06-19	$153,277,097	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-1
C	521705592	130178VU7	2010-05-06	$251,631,228	SEE SCHEDULE K, PART VI	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (3 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$9,790,000	$0	$182,429,497	$0	$1,198,734	$0	$992,205	$0	$0	$147,790,592	$32,447,966	$0	2009	Yes (true)	false	Yes (true)	Yes (true)
B	$0	$26,491,351	$156,107,342	$0	$595,440	$0	$661,216	$0	$0	$64,355,560	$90,495,126	$0	2012	Yes (true)	false	Yes (true)	Yes (true)
C	$0	$0	$251,878,327	$0	$1,310,928	$0	$1,631,228	$0	$0	$112,489,072	$136,447,099	$0	2016	Yes (true)	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (3 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	0.00100	0.00100	false	false	false	Yes (true)
B	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	0.00000	0.00000	false	false	false	Yes (true)
C	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	0.00000	0.00000	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (3 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	false	false	Yes (true)	Yes (true)	false	false	0	false	Yes (true)
0
B	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
C	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (3 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
TAX-EXEMPT BONDS	FOR NEARLY 50 YEARS, STANFORD AND THE MANY COMMUNITIES AND CONSTITUENCIES IT SERVES HAVE BENEFITED FROM TAX-EXEMPT BORROWING THROUGH THE CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY. THE UNIVERSITY USES GENEROUS DONOR GIFTS, UNIVERSITY RESERVES AND TAXABLE DEBT, IN ADDITION TO PROCEEDS FROM TAX EXEMPT BORROWING, TO FUND THE CONSTRUCTION OF ACADEMIC BUILDINGS, RESEARCH SUPPORT FACILITIES, RESIDENCES AND OTHER CAMPUS HOUSING, ROADS AND INFRASTRUCTURE. THESE FACILITIES HAVE, IN TURN, ENABLED THE UNIVERSITY TO ATTRACT OUTSTANDING FACULTY AND STUDENTS AND TO MORE EFFECTIVELY PERFORM INTERDISCIPLINARY RESEARCH DESIGNED TO ADDRESS FUNDAMENTAL WORLD PROBLEMS. THE NEW FACILITIES PROVIDE THE STANFORD COMMUNITY WITH THE MOST ADVANCED TECHNOLOGY AND ENVIRONMENT FOR TEACHING, LEARNING AND RESEARCH. THE FUNDING ALSO HAS PLAYED A KEY ROLE IN ENABLING STANFORD TO MEET SEISMIC AND OTHER FEDERAL AND STATE BUILDING REQUIREMENTS. THE FOLLOWING ARE EXAMPLES OF BUILDINGS FUNDED IN PART THROUGH TAX-EXEMPT DEBT: I. THE YANG YAMAZAKI ENVIRONMENTAL AND ENERGY BUILDING (Y2E2) IS THE HUB OF STANFORD'S ENVIRONMENTAL SUSTAINABILITY TEACHING AND RESEARCH. IT IS A MODEL FOR SUSTAINABILITY BUILDING STANDARDS, USING 37% LESS ENERGY AND 90% LESS POTABLE WATER THAN A TRADITIONALLY CONSTRUCTED BUILDING OF ITS SIZE. Y2E2 WAS THE FIRST CAMPUS BUILDING TO ACHIEVE LEED-EBOM (EXISTING BUILDING: OPERATIONS AND MAINTENANCE) PLATINUM CERTIFICATION. II. THE LI KA SHING CENTER FOR LEARNING AND KNOWLEDGE BRINGS TOGETHER CUTTING-EDGE MEDICINE, MODERN EDUCATION AND ADVANCED TECHNOLOGY TO TRAIN THE PHYSICIANS OF TOMORROW. MEDICAL STUDENTS PRACTICE LIFE-SAVING SKILLS IN REALISTIC SIMULATIONS AND LEARN TO APPLY RESEARCH TO BEDSIDE TREATMENTS. THE CENTER IS A GATHERING PLACE FOR MEDICAL EXPERTS TO SHARE RESEARCH AND HEALTH CARE INSIGHTS AND TO BRING THEIR COMBINED EXPERTISE TO BEAR ON THE WORLD'S GREATEST HEALTH CHALLENGES. III. THE JAMES AND ANNA MARIE SPILKER ENGINEERING AND APPLIED SCIENCES BUILDING FOSTERS COLLABORATIVE DEVELOPMENT IN THE BURGEONING FIELD OF NANOTECHNOLOGY. RESEARCH ACTIVITIES SPAN A BROAD RANGE OF AREAS FROM PHOTONICS AND QUANTUM ENGINEERING TO SINGLE-MOLECULE BIOPHYSICS AND EXPLORATION OF NANOSCALE PROPERTIES AND DEVICES WITH POTENTIAL APPLICATIONS AS DIVERSE AS WATER PURIFICATION, ENERGY CONSERVATION, DRUG DELIVERY AND NATIONAL SECURITY. IV. THE HUANG ENGINEERING CENTER HOUSES THE SCHOOL OF ENGINEERING, WHOSE TIES TO THE HIGH-TECHNOLOGY INDUSTRY CONTINUE TO FUEL THE GROWTH AND ECONOMY OF SILICON VALLEY AND NORTHERN CALIFORNIA. THE SCHOOL OF ENGINEERING IS WORLD RENOWNED FOR PUSHING THE FRONTIERS OF MODERN SCIENCE AND ENGINEERING, ESPECIALLY IN THE FIELDS OF COMPUTER SCIENCE, BIOENGINEERING AND ENVIRONMENTAL SUSTAINABILITY. V. THE LORRY I. LOKEY STEM CELL RESEARCH BUILDING IS THE LARGEST DEDICATED STEM CELL RESEARCH BUILDING IN THE COUNTRY. THE BUILDING HOUSES THE STANFORD STEM CELL BIOLOGY AND REGENERATIVE MEDICINE INSTITUTE, WHICH INTEGRATES RESEARCHERS FROM CANCER, NEUROSCIENCE, CARDIOVASCULAR MEDICINE, TRANSPLANTATION, IMMUNOLOGY, BIOENGINEERING AND DEVELOPMENTAL BIOLOGY. ALL ARE FOCUSED ON MAKING DISCOVERIES IN STEM CELL RESEARCH AND QUICKLY TRANSLATING THEM INTO PRECLINICAL APPLICATIONS, INNOVATIVE THERAPIES AND TREATMENTS. VI. THE MUNGER GRADUATE RESIDENCE IS A FIVE-BUILDING, 358 UNIT RESIDENTIAL COMPLEX FOR APPROXIMATELY 600 STANFORD LAW AND OTHER GRADUATE STUDENTS. IT IS A SIGNIFICANT INVESTMENT BY STANFORD IN MITIGATING TRAFFIC AND OTHER ENVIRONMENTAL CONCERNS AS IT GREATLY REDUCES THE NUMBER OF PEOPLE DRIVING TO CAMPUS DAILY. VII. THE WILLIAM H. NEUKOM BUILDING, WHICH HOUSES THE CLINICS OF THE STANFORD LAW SCHOOL, OPENED IN 2011 AND WAS BUILT TO SATISFY THE EQUIVALENT OF A LEED GOLD CERTIFICATION FOR SUSTAINABILITY. THE BUILDING USES 30% LESS ENERGY THAN REQUIRED BY CODE. THE BUILDING HOUSES THE MILLS LEGAL CLINIC, WHICH INCLUDES 11 CLINICS THAT TEACH THROUGH EXPERIENTIAL EDUCATION. LAW STUDENTS LEARN THE PRACTICE OF LAW BY REPRESENTING, FOR INSTANCE, LOW-INCOME OR INDIGENT PEOPLE IN CIVIL AND CRIMINAL LITIGATIONS, AND BY PROVIDING LEGAL COUNSEL ON ENVIRONMENTAL ISSUES, INTELLECTUAL PROPERTY, HUMAN RIGHTS, IMMIGRATION, NONPROFIT CORPORATE GOVERNANCE, EDUCATION, AND RELIGIOUS FREEDOM. VIII. STANFORD ENERGY SYSTEM INNOVATIONS (SESI) IS A STATE-OF-THE-ART ENERGY SYSTEM EMPLOYING HEAT RECOVERY, RENEWABLE ELECTRICITY, AND ADVANCED CONTROLS TO SERVE THE POWER, HEATING AND COOLING NEEDS OF THE UNIVERSITY. IT INCLUDES A CENTRAL ENERGY FACILITY AND ELECTRICAL SUBSTATION, ENERGY DISTRIBUTION INFRASTRUCTURE AND MARKET-BASED ENERGY PROCUREMENT PROGRAM. SESI REDUCES STANFORD'S GREENHOUSE GAS EMISSIONS BY 68% AND WATER USE BY 15%. SESI HAS RECEIVED THE HIGHEST HONORS AT THE REGIONAL, STATE AND NATIONAL LEVELS FOR ENERGY ECONOMICS, EFFICIENCY AND SUSTAINABILITY, INCLUDING THE STATE OF CALIFORNIA GOVERNOR'S ENVIRONMENT AND ECONOMIC LEADERSHIP AWARD AND THE ENERGY EFFICIENCY GLOBAL FORUM, ALLIANCE TO SAVE ENERGY: ENERGY EFFICIENCY VISIONARY AWARD, AMONG OTHERS. IX. THE SAPP CENTER FOR TEACHING AND LEARNING OFFERS ADAPTIVE CLASSROOMS FOR CHEMISTRY AND BIOLOGY, RECOGNIZING THEIR INEXTRICABLE LINK IN LIFE SCIENCES' RESEARCH AND IN MEDICINE. IT ALLOWS STUDENTS TO BUILD STRONG FOUNDATIONS IN THESE SCIENCES AND LEARN TO THINK CREATIVELY ACROSS DISCIPLINES. THE 60,000 SQUARE FOOT BUILDING INCLUDES A 300 SEAT AUDITORIUM, LABORATORY SPACE, A SCIENCE LIBRARY COMBINING THE UNIVERSITY'S BIOLOGY, CHEMISTRY, MATHEMATICS, STATISTICS AND CHEMICAL ENGINEERING COLLECTIONS AND AMPLE STUDY SPACE. X. STANFORD'S LARGEST-EVER HOUSING DEVELOPMENT, ESCONDIDO VILLAGE GRADUATE RESIDENCES (EVGR) HAVE FOUR BUILDINGS LOCATED ON THE EAST SIDE OF CAMPUS. THE COMPLEX PROVIDES OVER 2,400 GRADUATE AND UNDERGRADUATE STUDENT BEDS. THIS SIGNIFICANTLY HELPS MEET THE DEMAND FOR SUBSIDIZED ON-CAMPUS HOUSING.
FORM 990, SCHEDULE K, PART I, COLUMN F	DESCRIPTION OF PURPOSE FOR TAX-EXEMPT BONDS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY S - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES. REFUND CEFA SERIES L-8 ISSUED 10/31/2000, REFUND CEFA SERIES L-9 ISSUED 10/31/2000, REFUND CEFA TAX EXEMPT COMMERCIAL PAPER REVENUE NOTES ISSUED 3/18/2003. CONVERSION OF SERIES S BONDS ON MAY 15, 2013 FROM VARIABLE RATE TO FIXED RATE AND CANCELLATION OF $9,790,000 AGGREGATE PRINCIPAL AMOUNT OF THE BONDS. COSTS OF ISSUANCE. B. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY T-1 AND T-3 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND CEFA TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. COSTS OF ISSUANCE. T-3 REDEMPTIONS OF $25,360,000 IN PRINCIPLE IN DECEMBER 2024. C. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-1 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND CEFA TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. COSTS OF ISSUANCE.
FORM 990, SCHEDULE K, PART II, LINES 3	TOTAL PROCEEDS THE DIFFERENCE BETWEEN LINE 3 AND SCHEDULE K, PART I, COLUMN (E) AMOUNTS REPRESENTS INVESTMENT EARNINGS.
FORM 990, SCHEDULE K, PART III, LINES 4-5	PRIVATE BUSINESS USE STANFORD UNIVERSITY FINANCES ITS FACILITIES WITH A COMBINATION OF TAX EXEMPT DEBT, TAXABLE DEBT, GIFTS AND OTHER UNIVERSITY FUNDS. OCCASIONALLY, SOME OF THESE FACILITIES WILL HOUSE ACTIVITIES THAT MAY CONSTITUTE "PRIVATE BUSINESS USE", AS DEFINED IN IRC SECTION 141. FOR INSTANCE, STANFORD MAY RENT A SMALL PORTION OF A FACILITY TO A FOR-PROFIT OPERATOR OF CAFETERIAS (PRIMARILY FOR THE CONVENIENCE OF FACULTY, STAFF, STUDENTS AND THEIR GUESTS). IN OTHER SITUATIONS, STANFORD MAY RECEIVE A GENEROUS CORPORATE GIFT TO FUND A PORTION OF A BUILDING AND MAY CHOOSE TO ACKNOWLEDGE SUCH GENEROSITY BY NAMING A CLASSROOM, LIBRARY OR AUDITORIUM IN HONOR OF THE CORPORATE DONOR. IN SUCH CASES, STANFORD ELECTS THE "UNDIVIDED PORTION ALLOCATION METHOD" DESCRIBED IN TREASURY REGULATION SECTION 1.141-6, AND THUS ALLOCATES SUCH "PRIVATE BUSINESS USE" FIRST TO THAT PORTION OF THE FACILITY FUNDED BY TAXABLE DEBT, GIFTS OR OTHER UNIVERSITY FUNDS. ACCORDINGLY, STANFORD REPORTS 0% AS THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE (PART III, QUESTION 4). IN ADDITION TO THE CONSTRUCTION COST OF BUILDINGS, TAX-EXEMPT DEBT ALSO FUNDED A SIGNIFICANT PORTION OF THE UNIVERSITY'S INFRASTRUCTURE, INCLUDING ROADS AND UNDERGROUND UTILITIES. THE PORTION OF THE FUNDING OF THESE IMPROVEMENTS BY SOURCES OTHER THAN TAX-EXEMPT DEBT AS A PERCENTAGE OF TOTAL FUNDING WAS WELL IN EXCESS OF THE MEASURED AMOUNT OF PRIVATE BUSINESS USE TO TOTAL USE. ACCORDINGLY, THE AMOUNTS REPORTED ON PART III, LINES 4 AND 5, FOR THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE BY OTHER ENTITIES AND AS A RESULT OF AN UNRELATED TRADE OR BUSINESS ACTIVITY, RESPECTIVELY, ARE 0% and 0.1%. BOND ISSUANCE COSTS (BIC) AS A PERCENTAGE OF THE TOTAL PROCEEDS BY BOND ISSUE ARE: ISSUE: BIC% CEFA SERIES S 0.5476% CEFA SERIES T-1&3 0.4314% CEFA SERIES U-1 0.6483%
FORM 990, SCHEDULE K, PART IV	FORM 8038-T: DURING THE PERIODS SINCE THESE BONDS WERE ISSUED, THE INTEREST COST ON THE BONDS HAS EXCEEDED THE INVESTMENT RETURN ON ANY UNSPENT PROCEEDS. ACCORDINGLY, NO FORM 8038-T HAS BEEN ISSUED. FORM 990, SCHEDULE K, PART IV, LINE 2(C) REBATE CALCULATIONS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES S HAD A REBATE CALCULATION PERFORMED ON DECEMBER 3, 2007. B. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES T-1 AND T-3 HAD A REBATE CALCULATION PERFORMED ON JULY 21, 2010. C. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES U-1 HAD A REBATE CALCULATION PERFORMED ON JUNE 21, 2013.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-2
A	521705592	130178M86	2012-04-17	$99,193,766	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-3
B	521705592	130178X76	2013-05-15	$351,795,122	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-4
C	521705592	130178X84	2013-05-15	$52,773,978	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-6
D	521705592	1301783W4	2014-05-14	$350,002,728	SEE SCHEDULE K, PART VI	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$99,194,474	$0	$0	$0	$572,646	$0	$0	$0	$98,621,828	$0	2007	Yes (true)	false	Yes (true)	Yes (true)
B	$0	$0	$351,884,550	$0	$7,095,560	$0	$1,247,028	$0	$0	$337,716,686	$5,825,276	$0		Yes (true)	false	Yes (true)	Yes (true)
C	$0	$0	$52,773,989	$0	$0	$0	$193,612	$0	$0	$0	$52,580,377	$0	2003	false	Yes (true)	Yes (true)	Yes (true)
D	$0	$0	$350,612,045	$0	$4,390,142	$0	$0	$0	$0	$342,603,940	$3,617,963	$0	2022	Yes (true)	false	Yes (true)	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Private Bus Use By OthersPrivateBusUseByOthersPct	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Private Bus Concerning UBIPrivateBusConcerningUBIPct	Total Private Business UseTotalPrivateBusinessUsePct	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	0
B	0.00000	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	0.00000	0.00000	false	false	false	Yes (true)
C	0
D	0.00000	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	0.00000	0.00000	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
B	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
C	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
D	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)
D	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (6 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, SCHEDULE K, PART I, COLUMN F	DESCRIPTION OF PURPOSE FOR TAX-EXEMPT BONDS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-2 - REFUND TAXABLE COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES THAT WERE USED TO REFUND TAX-EXEMPT CEFA SERIES Q ISSUED ON 5/3/2001. COSTS OF ISSUANCE. B. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-3 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND CEFA TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. COSTS OF ISSUANCE. C. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-4 - ADVANCE REFUND CEFA SERIES P BONDS ISSUED ON 3/30/1999 AND PAY COSTS OF ISSUANCE. D. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-6 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES.
FORM 990, SCHEDULE K, PART II, LINE 3	TOTAL PROCEEDS THE DIFFERENCE BETWEEN LINE 3 AND SCHEDULE K, PART I, COLUMN (E) AMOUNTS REPRESENTS INVESTMENT EARNINGS.
FORM 990, SCHEDULE K, PART III	REFINANCING CEFA SERIES U-2 AND U-4 PROCEEDS WERE USED TO REFINANCE DEBT ISSUED PRIOR TO JANUARY 1, 2003. ACCORDINGLY, PART III IS NOT COMPLETED FOR THESE ISSUES.
FORM 990, SCHEDULE K, PART III, LINES 4-5	PRIVATE BUSINESS USE STANFORD UNIVERSITY FINANCES ITS FACILITIES WITH A COMBINATION OF TAX-EXEMPT DEBT, TAXABLE DEBT, GIFTS AND OTHER UNIVERSITY FUNDS. OCCASIONALLY, SOME OF THESE FACILITIES WILL HOUSE ACTIVITIES THAT MAY CONSTITUTE "PRIVATE BUSINESS USE", AS DEFINED IN IRC SECTION 141. FOR INSTANCE, STANFORD MAY RENT A SMALL PORTION OF A FACILITY TO A FOR-PROFIT OPERATOR OF CAFETERIAS (PRIMARILY FOR THE CONVENIENCE OF FACULTY, STAFF, STUDENTS AND THEIR GUESTS). IN OTHER SITUATIONS, STANFORD MAY RECEIVE A GENEROUS CORPORATE GIFT TO FUND A PORTION OF A BUILDING AND MAY CHOOSE TO ACKNOWLEDGE SUCH GENEROSITY BY NAMING A CLASSROOM, LIBRARY OR AUDITORIUM IN HONOR OF THE CORPORATE DONOR. IN SUCH CASES, STANFORD ELECTS THE "UNDIVIDED PORTION ALLOCATION METHOD" DESCRIBED IN TREASURY REGULATION SECTION 1.141-6, AND THUS ALLOCATES SUCH "PRIVATE BUSINESS USE" FIRST TO THAT PORTION OF THE FACILITY FUNDED BY TAXABLE DEBT, GIFTS OR OTHER UNIVERSITY FUNDS. ACCORDINGLY, STANFORD REPORTS 0% AS THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE (PART III, QUESTION 4). IN ADDITION TO THE CONSTRUCTION COST OF BUILDINGS, TAX-EXEMPT DEBT ALSO FUNDED A SIGNIFICANT PORTION OF THE UNIVERSITY'S INFRASTRUCTURE, INCLUDING ROADS AND UNDERGROUND UTILITIES. THE PORTION OF THE FUNDING OF THESE IMPROVEMENTS BY SOURCES OTHER THAN TAX-EXEMPT DEBT AS A PERCENTAGE OF TOTAL FUNDING WAS WELL IN EXCESS OF THE MEASURED AMOUNT OF PRIVATE BUSINESS USE TO TOTAL USE. ACCORDINGLY, THE AMOUNTS REPORTED ON PART III, LINES 4 AND 5, FOR THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE BY OTHER ENTITIES AND AS A RESULT OF AN UNRELATED TRADE OR BUSINESS ACTIVITY, RESPECTIVELY, ARE ZERO. BOND ISSUANCE COSTS (BIC) AS A PERCENTAGE OF THE TOTAL PROCEEDS BY BOND ISSUE ARE: ISSUE: BIC% CEFA SERIES U-2 0.5773% CEFA SERIES U-3 0.3551% CEFA SERIES U-4 0.3625% CEFA SERIES U-6 0.0000%
FORM 990, SCHEDULE K, PART IV	FORM 8038-T: DURING THE PERIODS SINCE THESE BONDS WERE ISSUED, THE INTEREST COST ON THE BONDS HAS EXCEEDED THE INVESTMENT RETURN ON ANY UNSPENT PROCEEDS. ACCORDINGLY, NO FORM 8038-T HAS BEEN ISSUED.
FORM 990, SCHEDULE K, PART IV, LINE 2(C)	REBATE CALCULATIONS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES U-2 HAD A REBATE CALCULATION PERFORMED ON JANUARY 19, 2016. B. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES U-3 HAD A REBATE CALCULATION PERFORMED ON JANUARY 19, 2016. C. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES U-4 HAD A REBATE CALCULATION PERFORMED ON JANUARY 19, 2016. D. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES U-6 HAD A REBATE CALCULATION PERFORMED ON JANUARY 11, 2019.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp (4 entries)

Bond ReferenceBondReferenceCd	Bond Issuer EINBondIssuerEIN	CUSIPCUSIPNum	Bond IssuedBondIssuedDt	Issue PriceIssuePriceAmt	PurposePurposeDesc	DefeasedDefeasedInd	On Behalf Of IssuerOnBehalfOfIssuerInd	Pool FinancingPoolFinancingInd
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-7
A	521705592	130179GV0	2016-06-22	$250,000,550	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-1
B	521705592	130179SD7	2019-04-04	$599,999,105	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-2
C	521705592	130179TN4	2021-04-28	$374,997,928	SEE SCHEDULE K, PART VI	false	false	false
CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-3
D	521705592	130179UU6	2023-06-01	$299,996,476	SEE SCHEDULE K, PART VI	false	false	false

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp (4 entries)

Bond ReferenceBondReferenceCd	RetiredRetiredAmt	Bond DefeasedBondDefeasedAmt	Total ProceedsTotalProceedsAmt	In Reserve FundInReserveFundAmt	Capitalized InterestCapitalizedInterestAmt	Refunding EscrowRefundingEscrowAmt	Issuance Costs From ProceedsIssuanceCostsFromProceedsAmt	Credit EnhancementCreditEnhancementAmt	Working Capital ExpendituresWorkingCapitalExpendituresAmt	Capital ExpendituresCapitalExpendituresAmt	Other Spent ProceedsOtherSpentProceedsAmt	UnspentUnspentAmt	Substantial CompletionSubstantialCompletionYr	Refunding Tax Exempt BondsRefundingTaxExemptBondsInd	Refunding Taxable BondsRefundingTaxableBondsInd	Final Allocation MadeFinalAllocationMadeInd	Adequate Books And Rec MaintAdequateBooksAndRecMaintInd
A	$0	$0	$252,402,872	$0	$6,606,403	$0	$0	$0	$0	$243,394,147	$2,402,322	$0	2022	false	false	Yes (true)	Yes (true)
B	$0	$0	$602,254,637	$0	$11,283,625	$0	$0	$0	$0	$338,966,293	$252,004,719	$0	2023	Yes (true)	false	Yes (true)	Yes (true)
C	$0	$0	$377,014,463	$0	$5,379,754	$0	$0	$0	$0	$145,503,174	$226,131,535	$0		Yes (true)	false	false	Yes (true)
D	$0	$0	$309,679,883	$0	$3,923,642	$0	$0	$0	$0	$213,682,915	$92,073,326	$0		Yes (true)	false	false	Yes (true)

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp (4 entries)

Bond ReferenceBondReferenceCd	Owning Bond Financed PropertyOwningBondFinancedPropertyInd	Any Lease ArrangementsAnyLeaseArrangementsInd	Mgmt Contract Bond Fincd PropMgmtContractBondFincdPropInd	Engage Bond Counsel ContractsEngageBondCounselContractsInd	Any Research AgreementsAnyResearchAgreementsInd	Engage Bond Counsel ResearchEngageBondCounselResearchInd	Bond Iss Meet Prvt Sec Pymt TestBondIssMeetPrvtSecPymtTestInd	Change In Use Bond Financed PropChangeInUseBondFinancedPropInd	Remedial Action TakenRemedialActionTakenInd	Procs Nonqualified Bond RemdtdProcsNonqualifiedBondRemdtdInd
A	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	false	false	false	Yes (true)
B	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	false	false	false	Yes (true)
C	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	false	false	false	Yes (true)
D	false	Yes (true)	Yes (true)	Yes (true)	Yes (true)	Yes (true)	false	false	false	Yes (true)

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp (4 entries)

Bond ReferenceBondReferenceCd	Form8038 T FiledForm8038TFiledInd	Rebate Not Due YetRebateNotDueYetInd	Exception To RebateExceptionToRebateInd	No Rebate DueNoRebateDueInd	Variable Rate IssueVariableRateIssueInd	Hedge Identified In Bks And RecHedgeIdentifiedInBksAndRecInd	Gross Proceeds Invested In GICGrossProceedsInvestedInGICInd	Business Name Line1GICProviderName/BusinessNameLine1Txt	Gross Proceeds InvestedGrossProceedsInvestedInd	Written Proc To Monitor ReqsWrittenProcToMonitorReqsInd
0
A	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
B	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
C	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)
0
D	false	false	false	Yes (true)	false	false	false	0	false	Yes (true)

Procedures Corrective Action ProceduresCorrectiveActionGrp (4 entries)

Bond ReferenceBondReferenceCd	Procedures Corrective ActionProceduresCorrectiveActionInd
A	Yes (true)
B	Yes (true)
C	Yes (true)
D	Yes (true)

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, SCHEDULE K, PART I, COLUMN F	DESCRIPTION OF PURPOSE FOR TAX-EXEMPT BONDS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY U-7 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. B. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-1 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND TAX EXEMPT COMMERCIAL PAPER NOTES ISSUED ON VARIOUS DATES. REFUND PRIOR TAXABLE BONDS. C. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-2 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND TAX EXEMPT COMMERCIAL PAPER. NOTES ISSUED ON VARIOUS DATES. REFUND CEFA U-5. D. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-3 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND CEFA T-5. REFUND TAX-EXEMPT COMMERCIAL PAPER ISSUED ON VARIOUS DATES. REPAY REVOLVING LINE OF CREDIT.
FORM 990, SCHEDULE K, PART II, LINE 3	TOTAL PROCEEDS THE DIFFERENCE BETWEEN LINE 3 AND SCHEDULE K, PART I, COLUMN (E) AMOUNTS REPRESENTS INVESTMENT EARNINGS.
FORM 990, SCHEDULE K, PART III, LINES 4-5	PRIVATE BUSINESS USE STANFORD UNIVERSITY FINANCES ITS FACILITIES WITH A COMBINATION OF TAX-EXEMPT DEBT, TAXABLE DEBT, GIFTS AND OTHER UNIVERSITY FUNDS. OCCASIONALLY, SOME OF THESE FACILITIES WILL HOUSE ACTIVITIES THAT MAY CONSTITUTE "PRIVATE BUSINESS USE", AS DEFINED IN IRC SECTION 141. FOR INSTANCE, STANFORD MAY RENT A SMALL PORTION OF A FACILITY TO A FOR-PROFIT OPERATOR OF CAFETERIAS (PRIMARILY FOR THE CONVENIENCE OF FACULTY, STAFF, STUDENTS AND THEIR GUESTS). IN OTHER SITUATIONS, STANFORD MAY RECEIVE A GENEROUS CORPORATE GIFT TO FUND A PORTION OF A BUILDING AND MAY CHOOSE TO ACKNOWLEDGE SUCH GENEROSITY BY NAMING A CLASSROOM, LIBRARY OR AUDITORIUM IN HONOR OF THE CORPORATE DONOR. IN SUCH CASES, STANFORD ELECTS THE "UNDIVIDED PORTION ALLOCATION METHOD" DESCRIBED IN TREASURY REGULATION SECTION 1.141-6, AND THUS ALLOCATES SUCH "PRIVATE BUSINESS USE" FIRST TO THAT PORTION OF THE FACILITY FUNDED BY TAXABLE DEBT, GIFTS OR OTHER UNIVERSITY FUNDS. ACCORDINGLY, STANFORD REPORTS 0% AS THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE (PART III, QUESTION 4). IN ADDITION TO THE CONSTRUCTION COST OF BUILDINGS, TAX-EXEMPT DEBT ALSO FUNDED A SIGNIFICANT PORTION OF THE UNIVERSITY'S INFRASTRUCTURE, INCLUDING ROADS AND UNDERGROUND UTILITIES. THE PORTION OF THE FUNDING OF THESE IMPROVEMENTS BY SOURCES OTHER THAN TAX-EXEMPT DEBT AS A PERCENTAGE OF TOTAL FUNDING WAS WELL IN EXCESS OF THE MEASURED AMOUNT OF PRIVATE BUSINESS USE TO TOTAL USE. ACCORDINGLY, THE AMOUNTS REPORTED ON PART III, LINES 4 AND 5, FOR THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE BY OTHER ENTITIES AND AS A RESULT OF AN UNRELATED TRADE OR BUSINESS ACTIVITY, RESPECTIVELY, ARE ZERO. BOND ISSUANCE COSTS (BIC) AS A PERCENTAGE OF THE TOTAL PROCEEDS BY BOND ISSUE ARE: ISSUE: BIC% CEFA SERIES U-7 0.0000% CEFA SERIES V-1 0.0000% CEFA SERIES V-2 0.0000% CEFA SERIES V-3 0.0000%
FORM 990, SCHEDULE K, PART IV	FORM 8038-T: DURING THE PERIODS SINCE THESE BONDS WERE ISSUED, THE INTEREST COST ON THE BONDS HAS EXCEEDED THE INVESTMENT RETURN ON ANY UNSPENT PROCEEDS. ACCORDINGLY, NO FORM 8038-T HAS BEEN ISSUED.
FORM 990, SCHEDULE K, PART IV, LINE 2(C)	REBATE CALCULATIONS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES U-7 HAD A REBATE CALCULATION PERFORMED ON JANUARY 11, 2019. B. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES V-1 HAD A REBATE CALCULATION PERFORMED ON DECEMBER 24, 2020. C. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES V-2 HAD AN INTERIM REBATE CALCULATION PERFORMED ON MAY 24, 2024. D. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY SERIES V-3 HAD AN INTERIM REBATE CALCULATION PERFORMED ON JUNE 13th, 2024, AND APRIL 8TH, 2025.

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-45	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	521705592	BondIssuerEIN
CUSIP	130179XC3	CUSIPNum
Bond Issued	2025-03-19	BondIssuedDt
Issue Price	$318,998,432	IssuePriceAmt
Purpose	SEE SCHEDULE K, PART VI	PurposeDesc
Defeased	false	DefeasedInd
On Behalf Of Issuer	false	OnBehalfOfIssuerInd
Pool Financing	false	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Retired	$0	RetiredAmt
Bond Defeased	$0	BondDefeasedAmt
Total Proceeds	$323,938,522	TotalProceedsAmt
In Reserve Fund	$0	InReserveFundAmt
Capitalized Interest	$1,249,682	CapitalizedInterestAmt
Refunding Escrow	$0	RefundingEscrowAmt
Issuance Costs From Proceeds	$0	IssuanceCostsFromProceedsAmt
Credit Enhancement	$0	CreditEnhancementAmt
Working Capital Expenditures	$0	WorkingCapitalExpendituresAmt
Capital Expenditures	$105,881,696	CapitalExpendituresAmt
Other Spent Proceeds	$27,288,525	OtherSpentProceedsAmt
Unspent	$189,518,619	UnspentAmt
Refunding Tax Exempt Bonds	Yes (true)	RefundingTaxExemptBondsInd
Refunding Taxable Bonds	false	RefundingTaxableBondsInd
Final Allocation Made	false	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (true)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	false	OwningBondFinancedPropertyInd
Any Lease Arrangements	Yes (true)	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	Yes (true)	MgmtContractBondFincdPropInd
Engage Bond Counsel Contracts	Yes (true)	EngageBondCounselContractsInd
Any Research Agreements	Yes (true)	AnyResearchAgreementsInd
Engage Bond Counsel Research	Yes (true)	EngageBondCounselResearchInd
Private Bus Use By Others	0.00000	PrivateBusUseByOthersPct
Private Bus Concerning UBI	0.00000	PrivateBusConcerningUBIPct
Total Private Business Use	0.00000	TotalPrivateBusinessUsePct
Bond Iss Meet Prvt Sec Pymt Test	false	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	false	ChangeInUseBondFinancedPropInd
Remedial Action Taken	false	RemedialActionTakenInd
Procs Nonqualified Bond Remdtd	Yes (true)	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	false	Form8038TFiledInd
Rebate Not Due Yet	Yes (true)	RebateNotDueYetInd
Exception To Rebate	false	ExceptionToRebateInd
No Rebate Due	false	NoRebateDueInd
Variable Rate Issue	false	VariableRateIssueInd
Hedge Identified In Bks And Rec	false	HedgeIdentifiedInBksAndRecInd

Hedge Provider Name HedgeProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Gross Proceeds Invested In GIC	false	GrossProceedsInvestedInGICInd

GIC Provider Name GICProviderName

Field	Value	IRS element (for citing)
Business Name Line1	0	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Gross Proceeds Invested	false	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	Yes (true)	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	Yes (true)	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, SCHEDULE K, PART I, COLUMN F	DESCRIPTION OF PURPOSE FOR TAX-EXEMPT BONDS A. CALIFORNIA EDUCATIONAL FACILITIES AUTHORITY V-4/V-5 - CAPITAL EXPENDITURES FOR EDUCATIONAL FACILITIES, CAPITAL EQUIPMENT, LAND IMPROVEMENTS, UTILITIES AND SYSTEMS. REFUND TAX-EXEMPT COMMERCIAL PAPER ISSUED ON VARIOUS DATES.
FORM 990, SCHEDULE K, PART II, LINE 3	TOTAL PROCEEDS THE DIFFERENCE BETWEEN LINE 3 AND SCHEDULE K, PART I, COLUMN (E) AMOUNTS REPRESENTS INVESTMENT EARNINGS.
FORM 990, SCHEDULE K, PART III, LINES 4-5	PRIVATE BUSINESS USE STANFORD UNIVERSITY FINANCES ITS FACILITIES WITH A COMBINATION OF TAX-EXEMPT DEBT, TAXABLE DEBT, GIFTS AND OTHER UNIVERSITY FUNDS. OCCASIONALLY, SOME OF THESE FACILITIES WILL HOUSE ACTIVITIES THAT MAY CONSTITUTE "PRIVATE BUSINESS USE", AS DEFINED IN IRC SECTION 141. FOR INSTANCE, STANFORD MAY RENT A SMALL PORTION OF A FACILITY TO A FOR-PROFIT OPERATOR OF CAFETERIAS (PRIMARILY FOR THE CONVENIENCE OF FACULTY, STAFF, STUDENTS AND THEIR GUESTS). IN OTHER SITUATIONS, STANFORD MAY RECEIVE A GENEROUS CORPORATE GIFT TO FUND A PORTION OF A BUILDING AND MAY CHOOSE TO ACKNOWLEDGE SUCH GENEROSITY BY NAMING A CLASSROOM, LIBRARY OR AUDITORIUM IN HONOR OF THE CORPORATE DONOR. IN SUCH CASES, STANFORD ELECTS THE "UNDIVIDED PORTION ALLOCATION METHOD" DESCRIBED IN TREASURY REGULATION SECTION 1.141-6, AND THUS ALLOCATES SUCH "PRIVATE BUSINESS USE" FIRST TO THAT PORTION OF THE FACILITY FUNDED BY TAXABLE DEBT, GIFTS OR OTHER UNIVERSITY FUNDS. ACCORDINGLY, STANFORD REPORTS 0% AS THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE (PART III, QUESTION 4). IN ADDITION TO THE CONSTRUCTION COST OF BUILDINGS, TAX-EXEMPT DEBT ALSO FUNDED A SIGNIFICANT PORTION OF THE UNIVERSITY'S INFRASTRUCTURE, INCLUDING ROADS AND UNDERGROUND UTILITIES. THE PORTION OF THE FUNDING OF THESE IMPROVEMENTS BY SOURCES OTHER THAN TAX-EXEMPT DEBT AS A PERCENTAGE OF TOTAL FUNDING WAS WELL IN EXCESS OF THE MEASURED AMOUNT OF PRIVATE BUSINESS USE TO TOTAL USE. ACCORDINGLY, THE AMOUNTS REPORTED ON PART III, LINES 4 AND 5, FOR THE PERCENTAGE OF FINANCED PROPERTY USED IN PRIVATE BUSINESS USE BY OTHER ENTITIES AND AS A RESULT OF AN UNRELATED TRADE OR BUSINESS ACTIVITY, RESPECTIVELY, ARE ZERO. BOND ISSUANCE COSTS (BIC) AS A PERCENTAGE OF THE TOTAL PROCEEDS BY BOND ISSUE ARE: ISSUE: BIC% CEFA SERIES V-4/V5 0.0000%
FORM 990, SCHEDULE K, PART IV	FORM 8038-T: DURING THE PERIODS SINCE THESE BONDS WERE ISSUED, THE INTEREST COST ON THE BONDS HAS EXCEEDED THE INVESTMENT RETURN ON ANY UNSPENT PROCEEDS. ACCORDINGLY, NO FORM 8038-T HAS BEEN ISSUED.

Schedule L IRS990ScheduleL

Loans Btwn Org Interested Prsn LoansBtwnOrgInterestedPrsnGrp (11 entries)

Relationship With OrgRelationshipWithOrgTxt	Loan PurposeLoanPurposeTxt	Loan From OrganizationLoanFromOrganizationInd	Original PrincipalOriginalPrincipalAmt	Balance DueBalanceDueAmt	DefaultDefaultInd	Board Or Committee ApprovalBoardOrCommitteeApprovalInd	Written AgreementWrittenAgreementInd
ELIZABETH ZACHARIAS
OFFICER	HOUSING	Yes (X)	$700,000	$700,000	false	Yes (true)	Yes (true)
ELIZABETH ZACHARIAS
OFFICER	HOUSING	Yes (X)	$250,000	$132,341	false	Yes (true)	Yes (true)
KATHRYN ANN MOLER
OFFICER	HOUSING	Yes (X)	$200,000	$154,781	false	Yes (true)	Yes (true)
KATHRYN ANN MOLER
OFFICER	HOUSING	Yes (X)	$700,000	$700,000	false	Yes (true)	Yes (true)
KATHRYN ANN MOLER
OFFICER	HOUSING	Yes (X)	$350,000	$350,000	false	Yes (true)	Yes (true)
KATHRYN ANN MOLER
OFFICER	HOUSING	Yes (X)	$300,000	$300,000	false	Yes (true)	Yes (true)
KATHRYN ANN MOLER
OFFICER	HOUSING	Yes (X)	$100,000	$100,000	false	Yes (true)	Yes (true)
KATHRYN ANN MOLER
OFFICER	HOUSING	Yes (X)	$300,000	$300,000	false	Yes (true)	Yes (true)
KATHRYN ANN MOLER
OFFICER	HOUSING	Yes (X)	$450,000	$360,000	false	Yes (true)	Yes (true)
LLOYD B MINOR
OFFICER	HOUSING	Yes (X)	$780,534	$780,534	false	Yes (true)	Yes (true)
RICHARD P SALLER
OFFICER/TRUSTEE	HOUSING	Yes (X)	$25,000	$25,000	false	Yes (true)	Yes (true)

Field	Value	IRS element (for citing)
Total Balance Due	$3,902,656	TotalBalanceDueAmt

Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp (7 entries)

Relationship DescriptionRelationshipDescriptionTxt	TransactionTransactionAmt	TransactionTransactionDesc	Sharing Of RevenuesSharingOfRevenuesInd
ARIA ANVAR
SEE PART V	$247,975	COMPENSATION	false
MARY HYNES
SEE PART V	$168,745	COMPENSATION	false
TANYA LUHRMANN
SEE PART V	$304,118	COMPENSATION	false
KATHERINE L WOLF
SEE PART V	$60,500	COMPENSATION	false
KAMBA TSHIONYI
SEE PART V	$218,123	COMPENSATION	false
JOHN WALLACE
SEE PART V	$86,965	COMPENSATION	false
REBECCA LEVIN
SEE PART V	$695,670	COMPENSATION	false

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE L, PART II	LOANS TO/FROM INTERESTED PERSONS: IN A PROGRAM TO ATTRACT AND RETAIN EXCELLENT FACULTY AND SENIOR STAFF, THE UNIVERSITY PROVIDES HOME MORTGAGE FINANCING ASSISTANCE, PRIMARILY IN THE FORM OF SUBORDINATED LOANS, TYPICALLY IN CONJUNCTION WITH FIRST MORTGAGE LOANS PROVIDED BY PRIVATE LENDERS. THESE LOANS ARE COLLATERALIZED BY DEEDS OF TRUST ON PROPERTIES IN THE REGION SURROUNDING THE UNIVERSITY. DEPENDING ON CIRCUMSTANCES, THE BORROWER WILL RECEIVE A COMBINATION OF LOANS WITH VARYING INTEREST RATE AND PRINCIPAL PAYMENT TERMS. ELIGIBLE FACULTY AND SENIOR STAFF MAY ALSO RECEIVE A TAXABLE STIPEND TO ASSIST IN SERVICING THEIR MORTGAGE DEBT. FROM TIME TO TIME, CERTAIN OFFICERS AND KEY EMPLOYEES OF THE UNIVERSITY MAY BE ELIGIBLE FOR SUCH SUPPORT. EACH LOAN TO AN INTERESTED PERSON IS MADE FROM STANFORD TO THE INDIVIDUAL (COLUMN D). NONE OF THE LOANS ARE IN DEFAULT (COLUMN G). ALL LOANS HAVE BEEN APPROVED BY THE BOARD OF TRUSTEES (COLUMN H). FOR EACH LOAN ISSUED, THERE EXISTS A WRITTEN AGREEMENT BETWEEN STANFORD AND THE BORROWER (COLUMN I). MORTGAGE TERMS GOVERN THE CALCULATION AND PAYMENT OF INTEREST WHICH APPROXIMATE MARKET RATES.
SCHEDULE L, PART III	GRANTS TO INTERESTED PERSONS: THE ONLY GRANT RELATED TRANSACTIONS ARE THOSE IN WHICH AN INTERESTED PERSON PAYS TUITION, ROOM AND/OR BOARD COSTS OR RECEIVES FINANCIAL AID, WORK/STUDY ASSISTANCE, AND/OR RESEARCH GRANTS FOR A STUDENT AT THE UNIVERSITY. SUCH AMOUNTS WOULD BE IN ACCORDANCE WITH FINANCIAL AID OR GRANT PRACTICES AT ARM'S LENGTH, AND ARE PROTECTED UNDER FERPA, THEREFORE, THEY CANNOT BE DISCLOSED ON PART III.
SCHEDULE L, PART IV	BUSINESS TRANSACTIONS WITH INTERESTED PERSONS: CERTAIN STANFORD EMPLOYEES HAVE A FAMILY RELATIONSHIP WITH A LISTED PERSON. GENERALLY, SUCH EMPLOYEES WERE EITHER HIRED PRIOR TO THE LISTED PERSON'S EMPLOYMENT WITH STANFORD OR PRIOR TO THEIR APPOINTMENT AS AN OFFICER, TRUSTEE, OR KEY EMPLOYEE OF STANFORD. IN SOME INSTANCES, THE FAMILY MEMBER WAS HIRED CONCURRENTLY WITH THE LISTED PERSON'S EMPLOYMENT AT STANFORD, SUCH AS HIRING BOTH SPOUSES IN ONE RECRUITMENT. IN NO CASE WAS THE LISTED PERSON RESPONSIBLE FOR OR INVOLVED IN THE HIRING OF THE RELATED EMPLOYEE. NEITHER WERE THEY RESPONSIBLE FOR THE COMPENSATION, DIRECTION, EVALUATION OR CONTINUED EMPLOYMENT OF THE RELATED EMPLOYEE OR SELECTION AND COMPENSATION OF AN INDEPENDENT CONTRACTOR. (A) NAME OF THE INTERESTED PERSON: ARIA ANVAR (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF VP COMMUNICATION, FARNAZ KHADEM (C)AMOUNT OF TRANSACTION: $215,294 IN CASH COMPENSATION AND $32,681 IN BENEFITS DURING FISCAL YEAR 2025 EARNED IN HIS POSITION AS CLINICAL ASSISTANT PROFESSOR AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: MARY HYNES (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF FORMER PRESIDENT, MARC TESSIER-LAVIGNE (C) AMOUNT OF TRANSACTION: $118,802 IN CASH COMPENSATION AND $49,943 IN BENEFITS DURING FISCAL YEAR 2025 EARNED IN HER POSITION AS ASSOCIATE PROFESSOR (RESEARCH) OF BIOLOGY AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: TANYA LUHRMANN (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF FORMER PRESIDENT AND TRUSTEE, RICHARD SALLER (C) AMOUNT OF TRANSACTION: $271,007 IN CASH COMPENSATION AND $33,111 IN BENEFITS DURING FISCAL YEAR 2025 EARNED IN HER POSITION AS PROFESSOR OF ANTHROPOLOGY AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: KATHERINE L. WOLF (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF VP FOR ALUMNI AFFAIRS/PRESIDENT OF STANFORD ALUMNI ASSOCIATION, HOWARD WOLF (C) AMOUNT OF TRANSACTION: $60,500 IN CASH COMPENSATION DURING FISCAL YEAR 2025 EARNED THROUGH CONSULTING WITH STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: KAMBA TSHIONYI (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SPOUSE OF TRUSTEE, MARISA D. BRUTOCO (C) AMOUNT OF TRANSACTION: $196,400 IN CASH COMPENSATION AND $21,723 IN BENEFITS DURING FISCAL YEAR 2025 EARNED IN HIS POSITION AS DIRECTOR OF DEVELOPMENT FOR UNDERGRADUATE EDUCATION AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: JOHN WALLACE (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SON OF CHIEF EXECUTIVE OFFICER, SMC, ROBERT F. WALLACE (C) AMOUNT OF TRANSACTION: $70,000 IN CASH COMPENSATION AND $16,965 IN BENEFITS DURING FISCAL YEAR 2025 EARNED IN HIS POSITION AS DAPER'S BUSINESS STRATEGY ANALYST AT STANFORD. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO (A) NAME OF THE INTERESTED PERSON: REBECCA LEVIN (B) RELATIONSHIP BETWEEN THE INTERESTED PERSON AND THE ORGANIZATION: SISTER OF PRESIDENT AND TRUSTEE, JONATHAN D. LEVIN. (C) AMOUNT OF TRANSACTION: $632,270 IN CASH COMPENSATION AND $63,400 IN BENEFITS DURING FISCAL YEAR 2025 EARNED IN HER POSITION AS MANAGING DIRECTOR AT STANFORD MANAGEMENT COMPANY. (D) DESCRIPTION OF TRANSACTION: COMPENSATION (E) SHARING OF ORGANIZATION'S REVENUES? NO

Schedule M IRS990ScheduleM

Works Of Art WorksOfArtGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	28	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	N/A	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Art Historical Treasures		ArtHistoricalTreasuresGrp
Art Fractional Interest		ArtFractionalInterestGrp

Books And Publications BooksAndPublicationsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	N/A	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Clothing And Household Goods		ClothingAndHouseholdGoodsGrp
Cars And Other Vehicles		CarsAndOtherVehiclesGrp
Boats And Planes		BoatsAndPlanesGrp
Intellectual Property		IntellectualPropertyGrp

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	1201	ContributionCnt
Noncash Contributions Rpt F990	$376,295,578	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Closely Held Stock		SecuritiesCloselyHeldStockGrp

Secur Prtnrshp Trust Intrsts SecurPrtnrshpTrustIntrstsGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	4	ContributionCnt
Noncash Contributions Rpt F990	$8,477,824	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FAIR VALUE	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Securities Miscellaneous		SecuritiesMiscellaneousGrp
Qualified Contrib Hist Struct		QualifiedContribHistStructGrp
Qualified Contrib Other		QualifiedContribOtherGrp

Real Estate Residential RealEstateResidentialGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	2	ContributionCnt
Noncash Contributions Rpt F990	$8,375,000	NoncashContributionsRptF990Amt
Method Of Determining Revenues	APPRAISAL	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Real Estate Commercial		RealEstateCommercialGrp
Real Estate Other		RealEstateOtherGrp

Collectibles CollectiblesGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	5	ContributionCnt
Noncash Contributions Rpt F990	$0	NoncashContributionsRptF990Amt
Method Of Determining Revenues	N/A	MethodOfDeterminingRevenuesTxt

Field	Value	IRS element (for citing)
Food Inventory		FoodInventoryGrp
Drugs And Medical Supplies		DrugsAndMedicalSuppliesGrp
Taxidermy		TaxidermyGrp
Historical Artifacts		HistoricalArtifactsGrp
Scientific Specimens		ScientificSpecimensGrp
Archaeological Artifacts		ArchaeologicalArtifactsGrp

Other Non Cash Contri Table OtherNonCashContriTableGrp (5 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	DIGIT CURRENCY	3	$229,873	FAIR MRKT VALUE
Yes (X)	TECH EQUIPMENT	15	$149,970	FAIR MRKT VALUE
Yes (X)	MUSICAL INSTRUMENTS	3	$73,208	FAIR MRKT VALUE
Yes (X)	INSURANCE ANNUITY	1	$70,687	FAIR MRKT VALUE
Yes (X)	HORSES	3	$0	N/A

Field	Value	IRS element (for citing)
Form8283 Received	45	Form8283ReceivedCnt
Any Property That Must Be Held	false	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (true)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (true)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE M, PART I	FormAndLineReferenceDesc
Explanation	IN COLUMN B, STANFORD IS REPORTING THE NUMBER OF CONTRIBUTIONS. LINE 32A, USE OF THIRD-PARTY - STANFORD MAY, FROM TIME TO TIME, ENGAGE THIRD PARTIES (E.G., REAL ESTATE BROKERS) TO SELL CERTAIN NON-CASH CONTRIBUTIONS. LINE 33, NON-CASH CONTRIBUTIONS - WORKS OF ART, HISTORICAL TREASURES, LITERARY WORKS, ARTIFACTS, AND THE LIKE, WHICH ARE PRESERVED AND PROTECTED FOR EDUCATIONAL, RESEARCH AND PUBLIC EXHIBITION PURPOSES, ARE NOT CAPITALIZED. DONATIONS OF SUCH COLLECTIONS ARE NOT RECORDED FOR FINANCIAL STATEMENT PURPOSES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (14 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 1, LINE K	FORM OF ORGANIZATION THE LELAND STANFORD JUNIOR UNIVERSITY WAS FOUNDED BY SENATOR AND MRS. LELAND STANFORD ON NOVEMBER 11, 1885, IN MEMORY OF THEIR ONLY CHILD, LELAND, JR. THE FOUNDING WAS ACCOMPLISHED BY A GRANT OF ENDOWMENT, KNOWN AS THE FOUNDING GRANT, WHICH CONVEYED IN TRUST TO A BOARD OF TRUSTEES CERTAIN PROPERTIES, DIRECTED THAT A UNIVERSITY BE ESTABLISHED AND OUTLINED THE OBJECTIVES AND GOVERNMENT OF THE UNIVERSITY. SUBSEQUENT LEGISLATION IN THE STATE OF CALIFORNIA GRANTED THE UNIVERSITY CORPORATE POWERS EFFECTIVE 1901. ACCORDINGLY, STANFORD HAS ELECTED TO BE TREATED AS A CORPORATION FOR THE PURPOSES OF THE ADMINISTRATION OF FEDERAL AND STATE INCOME TAX LAW.
FORM 990, PART I, LINE 6	VOLUNTEERS THERE ARE THOUSANDS OF ALUMNI AND FRIENDS OF STANFORD UNIVERSITY WHO VOLUNTEERED THEIR SERVICES TO STANFORD OVER THE COURSE OF THE YEAR. EXAMPLES OF THE WIDE SPECTRUM OF VOLUNTEER SERVICES INCLUDE SERVING AS A MEMBER OF THE BOARD OF TRUSTEES OF THE UNIVERSITY, ORGANIZING COMMUNITY SERVICE EVENTS, HELPING PLAN REUNIONS, AND SERVING ON AN ADVISORY BOARD OF AN INSTITUTE. WHILE STANFORD DOES NOT FORMALLY TRACK THE TOTAL NUMBER OF VOLUNTEERS, IT ESTIMATES THAT APPROXIMATELY 13,000 ALUMNI AND OTHER INDIVIDUALS VOLUNTEERED DURING THE TAX YEAR.
FORM 990, PARTS I AND III, LINE 1	ORGANIZATION'S MISSION - CONTINUED FROM PART I, LINE 1 & PART III, LINE 1 STANFORD IS INTERNATIONALLY RECOGNIZED FOR THE QUALITY OF ITS TEACHING AND RESEARCH, ITS DISTINGUISHED FACULTY, AND ITS OUTSTANDING STUDENT BODY. IN THE YEARS SINCE ITS FOUNDING IN 1885, STANFORD HAS GROWN TO OVER 2,402 FACULTY MEMBERS AND AN ENROLLMENT OF APPROXIMATELY 7,289 UNDERGRADUATE AND 10,025 GRADUATE STUDENTS. THE OBJECTIVE AND PURPOSES OF STANFORD UNIVERSITY, JANE AND LELAND STANFORD WROTE IN THEIR FOUNDING GRANT IN 1885, ARE "TO QUALIFY ITS STUDENTS FOR PERSONAL SUCCESS, AND DIRECT USEFULNESS IN LIFE; ... TO PROMOTE THE PUBLIC WELFARE BY EXERCISING AN INFLUENCE ON BEHALF OF HUMANITY AND CIVILIZATION, TEACHING THE BLESSINGS OF LIBERTY REGULATED BY LAW, AND INCULCATING LOVE AND REVERENCE FOR THE GREAT PRINCIPLES OF GOVERNMENT AS DERIVED FROM THE INALIENABLE RIGHTS OF MAN TO LIFE, LIBERTY, AND THE PURSUIT OF HAPPINESS."
FORM 990, PART III, LINE 4D	OTHER PROGRAM SERVICES (EXPENSES $1,655,541,985 INCLUDING GRANTS OF $98,499,300; REVENUE $179,698,824) UNIVERSITY AUXILIARY ACTIVITIES: INCLUDES AMONG OTHERS RESIDENTIAL & DINING ENTERPRISES AND INTER-COLLEGIATE ATHLETIC PROGRAMS. RESIDENTIAL & DINING ENTERPRISES (R&DE) IS THE STEWARD OF 7 MILLION SQ FT OF PHYSICAL PLANT (APPROXIMATELY 1/3 OF CAMPUS) AND GENERATES REVENUE PRIMARILY THROUGH STUDENT ROOM AND BOARD. R&DE HOUSES MORE THAN 14,000 STUDENTS AND FAMILIES AND SERVES 25,000 MEALS A DAY. R&DE COMPLEMENTS STANFORD'S ACADEMIC PROGRAMS WITH A ROBUST RESIDENTIAL LIVING AND LEARNING ENVIRONMENT. THE UNIVERSITY HAS BEEN INVESTING IN THE RESIDENTIAL EDUCATION PROGRAM TO FOSTER AN ENVIRONMENT OF INTELLECTUAL, EDUCATIONAL, AND COMMUNITY-BUILDING ACTIVITIES IN STUDENT RESIDENCES. SLAC CONSTRUCTION AND OTHER: THE UNIVERSITY MANAGES AND OPERATES THE SLAC NATIONAL ACCELERATOR LABORATORY FOR THE U.S. DEPARTMENT OF ENERGY ("DOE") UNDER A MANAGEMENT AND OPERATING CONTRACT. REVENUES AND EXPENDITURES ARE INCLUDED IN STANFORD'S CONSOLIDATED FINANCIAL STATEMENTS; ASSETS AND LIABILITIES ARE OWNED BY DOE AND THEREFORE EXCLUDED ON STANFORD'S STATEMENT OF FINANCIAL POSITION. ACCORDINGLY, CONSTRUCTION EXPENDITURES ARE RECORDED AS EXPENDITURES HEREIN.
FORM 990 PART IV, LINES 12A AND 12B	AUDIT OF CONSOLIDATED FINANCIAL STATEMENTS STANFORD'S CONSOLIDATED FINANCIAL STATEMENTS AS OF AND FOR THE YEARS ENDED AUGUST 31, 2025 AND AUGUST 31, 2024 WERE AUDITED BY THE ACCOUNTING FIRM OF PRICEWATERHOUSECOOPERS ("PWC"). IN ACCORDANCE WITH ACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA, STANFORD'S FINANCIAL STATEMENTS ARE PREPARED ON A CONSOLIDATED BASIS AND REFLECT THE COMBINED FINANCIAL POSITION AND RESULTS OF THE UNIVERSITY, STANFORD HEALTH CARE AND LUCILE SALTER PACKARD CHILDREN'S HOSPITAL AT STANFORD, INCLUDING THEIR RESPECTIVE CONTROLLED AFFILIATES. IN ADDITION, THE FINANCIAL STATEMENTS PRESENT CONSOLIDATING STATEMENTS THAT DISCLOSE SEPARATELY THE ACCOUNTS OF THE UNIVERSITY AND ITS CONSOLIDATED SUBSIDIARIES. UNDER SEPARATE COVER, THE CONTROLLED AFFILIATES PROVIDE AUDITED FINANCIAL STATEMENTS OF THEIR OWN ACCOUNTS. PWC UTILIZES SEPARATE AUDIT TEAMS TO CONDUCT THE AUDIT ENGAGEMENTS OF STANFORD AND EACH OF THE CONSOLIDATED SUBSIDIARIES. EACH AUDIT IS CONDUCTED BY QUALIFIED PROFESSIONAL ACCOUNTANTS WITH AUDIT PLANS DESIGNED FROM THE SEPARATE ACCOUNTS FOR THE RESPECTIVE ENTITIES, IN ACCORDANCE WITH AUDITING STANDARDS GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA.
FORM 990, PART V, LINE 4B	STANFORD HAS AN INTEREST IN OR SIGNATURE AUTHORITY OVER BANK AND/OR INVESTMENT ACCOUNTS IN THE FOLLOWING COUNTRIES: CHILE; CHINA; FRANCE; GERMANY; GHANA; HONG KONG; INDIA; ITALY; JAPAN; JERSEY; KENYA; SOUTH AFRICA; SOUTH KOREA; SPAIN; UNITED KINGDOM.
FORM 990, PART VI, SECTION A, LINE 2	BUSINESS RELATIONSHIPS THE FOLLOWING INDIVIDUALS LISTED ON PART VII HAVE A BUSINESS RELATIONSHIP WITH EACH OTHER: - ANEEL BHUSRI AND JERRY YANG
FORM 990, PART VI, SECTION B, LINES 11A & B	REVIEW OF THE FORM 990 THE FORM 990 IS PREPARED BY THE UNIVERSITY'S TAX DEPARTMENT IN CONSULTATION WITH STAKEHOLDERS INTERNAL TO FINANCIAL MANAGEMENT SERVICES AND ACROSS THE UNIVERSITY INCLUDING OFFICE OF DEVELOPMENT, THE OFFICE OF GENERAL COUNSEL, STANFORD MANAGEMENT COMPANY AND UNIVERSITY HUMAN RESOURCES. THE RETURN IS REVIEWED BY EXTERNAL ACCOUNTANTS, OUTSIDE COUNSEL, AND INTERNALLY WITH SENIOR MANAGEMENT INCLUDING THE SENIOR ASSOCIATE VICE PRESIDENT FOR FINANCE, THE CONTROLLER, THE TREASURER AND STANFORD MANAGEMENT COMPANY. THE RETURN IS THEN DISTRIBUTED TO THE BOARD COMMITTEE ON AUDIT, COMPLIANCE AND RISK FOR THEIR REVIEW IN ADVANCE OF THE COMMITTEE MEETING. THE COMMITTEE IS OFFERED AN OPPORTUNITY TO ASK QUESTIONS BOTH AT THE MEETING AND ANYTIME THEREAFTER. SUBSEQUENT TO THE MEETING, A COMPLETE COPY OF THE FORM 990 IS DISTRIBUTED TO THE FULL BOARD OF TRUSTEES FOR APPROVAL PRIOR TO FILING WITH THE IRS.
FORM 990, PART VI, SECTION B, LINE 12C	CONFLICT OF INTEREST MEMBERS OF THE UNIVERSITY'S BOARD OF TRUSTEES ("TRUSTEES"), OFFICERS AND FACULTY MAY, FROM TIME TO TIME, BE ASSOCIATED, EITHER DIRECTLY OR INDIRECTLY, WITH ENTITIES DOING BUSINESS WITH THE UNIVERSITY. THE UNIVERSITY HAS CONFLICT OF INTEREST POLICIES THAT ARE STRICTLY ENFORCED TO ENSURE THAT ALL TRANSACTIONS WITH THESE PARTIES ARE ARM'S LENGTH, AND THERE IS NO FAVORABLE TREATMENT OF THE VENDOR AS A RESULT OF THESE RELATIONSHIPS. CONFLICTS OF INTEREST ARE REGULARLY MONITORED, AND APPLICABLE POLICY IS CONSISTENTLY ENFORCED. UNIVERSITY-WIDE COMPLIANCE INITIATIVES INCLUDE TRAINING AND DOCUMENTATION, REQUIRED ANNUAL DISCLOSURE AND FOLLOW-UP; MANAGEMENT CONTROLS; ENTERPRISE RISK MANAGEMENT; REGULAR INTERNAL AND EXTERNAL AUDITS; WHISTLE-BLOWER PROVISIONS; SUPERVISION; AND REVIEW. PERCEIVED VIOLATIONS WOULD BE INVESTIGATED AND ADDRESSED AS APPROPRIATE THROUGH VARIOUS SANCTIONS, INCLUDING FINANCIAL PENALTIES AND TERMINATION, DEPENDING UPON THE NATURE AND DEGREE OF THE CONFLICT. FOR OFFICERS, THE UNIVERSITY REQUIRES ANNUAL DISCLOSURE OF SIGNIFICANT FINANCIAL INTERESTS IN EMPLOYMENT OR CONSULTING RELATIONSHIPS WITH ENTITIES DOING BUSINESS WITH THE UNIVERSITY. THESE ANNUAL DISCLOSURES COVER BOTH OFFICERS AND THEIR IMMEDIATE FAMILY. WHEN SUCH ASSOCIATIONS EXIST, MEASURES ARE TAKEN TO APPROPRIATELY MANAGE, IN THE BEST INTERESTS OF THE UNIVERSITY, ANY ACTUAL OR PERCEIVED CONFLICT. FACULTY MUST COMPLY WITH THE FACULTY CONFLICT OF INTEREST POLICY, WHICH REQUIRES ANNUAL CERTIFICATION OF COMPLIANCE WITH THE POLICY AND DISCLOSURE OF INTERESTS IN OUTSIDE ENTITIES THAT ARE SPONSORS OF THEIR TEACHING OR RESEARCH OR OTHER TRANSACTIONS WITH THE UNIVERSITY IN WHICH THEY ARE INVOLVED. ALL PERSONAL FINANCIAL INTERESTS RELATED TO STANFORD ACTIVITIES MUST BE REPORTED, REGARDLESS OF DOLLAR AMOUNT. FOR TRUSTEES, THE UNIVERSITY HAS A WRITTEN CONFLICT OF INTEREST POLICY THAT REQUIRES, AMONG OTHER THINGS, THAT NO MEMBER OF THE BOARD OF TRUSTEES IS PERMITTED TO PARTICIPATE IN ANY DECISION RELATING TO AN ENTITY IN WHICH HE OR SHE (OR AN IMMEDIATE FAMILY MEMBER) HAS A MATERIAL FINANCIAL INTEREST. THE CONFLICT OF INTEREST POLICY ALSO PRECLUDES THE UNIVERSITY FROM ENTERING INTO CERTAIN TRANSACTIONS WITH AN ENTITY IN WHICH A TRUSTEE HAS A MATERIAL FINANCIAL INTEREST UNLESS MEASURES ARE TAKEN TO MITIGATE ANY ACTUAL OR PERCEIVED CONFLICT. NAMELY, THE POLICY REQUIRES THAT SUCH TRANSACTIONS ARE CONDUCTED AT ARM'S LENGTH, FOR GOOD AND SUFFICIENT CONSIDERATION, BASED ON TERMS THAT ARE FAIR AND REASONABLE TO AND FOR THE BENEFIT OF THE UNIVERSITY, AND OTHERWISE IN ACCORDANCE WITH SOUND CONFLICT MANAGEMENT PRACTICES. THE CONFLICT OF INTEREST POLICY REQUIRES EACH TRUSTEE TO CERTIFY COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON AN ANNUAL BASIS.
FORM 990, PART VI, SECTION B, LINE 15	COMPENSATION DETERMINATION THE ANNUAL PROCESS FOR DETERMINING COMPENSATION OF BOTH THE TOP MANAGEMENT OFFICIAL (PRESIDENT OF THE UNIVERSITY) AND OF OTHER OFFICERS/KEY EMPLOYEES INCLUDES REVIEW AND APPROVAL BY INDEPENDENT PERSONS, USE OF COMPARABILITY DATA AND CONTEMPORANEOUS DOCUMENTATION OF THE DELIBERATION AND DECISION. IN THE CASE OF THE UNIVERSITY'S PRESIDENT, THE VICE PRESIDENT FOR HUMAN RESOURCES, AT A PRELIMINARY MEETING WITH A SUBCOMMITTEE OF THE BOARD COMMITTEE ON COMPENSATION, INCLUDING NON-EMPLOYEE TRUSTEES, PRESENTS AN ANALYSIS OF CURRENT RELEVANT MARKET DATA, CONTAINING SALARY INFORMATION OF INDIVIDUALS SERVING IN A COMPARABLE POSITION, OBTAINED FROM AN INDEPENDENT HUMAN RESOURCE CONSULTING FIRM. THE SAME MATERIALS ARE SENT TO THE FULL COMMITTEE. AT THE MEETING OF THE FULL COMMITTEE AND IN THE ABSENCE OF THE PRESIDENT, DISCUSSION OCCURS PRIOR TO A VOTE. MINUTES OF ALL MEETINGS ARE ON FILE IN THE OFFICE OF THE VICE PRESIDENT FOR HUMAN RESOURCES. IN THE CASE OF OTHER OFFICERS/KEY EMPLOYEES, PER GUIDELINES IN THE COMMITTEE'S EXECUTIVE COMPENSATION POLICY AND PROCEDURES DOCUMENT, EACH YEAR THE VICE PRESIDENT FOR HUMAN RESOURCES PROVIDES CURRENT RELEVANT MARKET DATA AND THE HISTORICAL PAY INFORMATION RELATING TO THESE PERSONS TO THE PRESIDENT OR TO THE PROVOST BASED ON THE REPORTING STRUCTURE. THE PRESIDENT AND PROVOST PROPOSE CHANGES IN COMPENSATION BASED ON EACH INDIVIDUAL'S PERFORMANCE AND ON THE MARKET DATA. THE COMMITTEE ON COMPENSATION REVIEWS THE RECOMMENDATIONS AND, FOLLOWING DISCUSSION, APPROVES THE RECOMMENDATIONS AS SUBMITTED OR WITH MODIFICATIONS. MINUTES OF THE MEETING ARE ON FILE IN THE OFFICE OF THE VICE PRESIDENT FOR HUMAN RESOURCES.
FORM 990, PART VI, SECTION C, LINE 19	STANFORD UNIVERSITY MAKES ITS FOUNDING GRANT, FACULTY AND STAFF CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC THROUGH STANFORD'S WEBSITE, AND UPON REQUEST TO THE OFFICE OF UNIVERSITY COMMUNICATIONS.
FORM 990, PART VII, SECTION A, COLUMN B	HOURS FOR RELATED ORGANIZATIONS IN CONNECTION WITH THEIR POSITIONS AT STANFORD, CERTAIN LISTED INDIVIDUALS MAY, FROM TIME TO TIME, PARTICIPATE IN ACTIVITIES OF A RELATED ORGANIZATION. WHERE THE LISTED INDIVIDUALS ARE TRUSTEES, DIRECTORS, OFFICERS, OR EMPLOYEES OF THE RELATED ORGANIZATION, THE TIME DEVOTED TO THE RELATED ORGANIZATION BY SUCH INDIVIDUALS IS GENERALLY REPORTED AS RELATED ORGANIZATION HOURS IN PART VII, SECTION A, LINE 1A, COLUMN (B), BELOW THE DOTTED LINE. IN ALL OTHER CASES, THE HOURS IN CONNECTION WITH SUCH PARTICIPATION ARE INCLUDED IN THE HOURS REPORTED FOR THE INDIVIDUALS' POSITIONS AT STANFORD UNIVERSITY IN PART VII, SECTION A, LINE 1A, COLUMN (B), ABOVE THE DOTTED LINE.
FORM 990, PART VII, SECTION B	INDEPENDENT CONTRACTORS IN THE PRESENTATION OF THE DATA APPEARING IN FORM 990, PART VII, SECTION B, STANFORD REPORTS DIRECT CASH COMPENSATION PAID TO PROFESSIONAL INDEPENDENT CONTRACTORS. COMMISSIONS, DISCOUNTS, AND MANAGEMENT FEES EMBEDDED IN AND/OR DEDUCTED FROM INVESTMENT RETURNS AND AMOUNTS PROVIDED TO VENTURE CAPITAL, PRIVATE EQUITY, AND HEDGE FUND GENERAL PARTNERS DUE TO THEIR "CARRIED INTEREST" IN PARTNERSHIPS IN WHICH STANFORD PARTICIPATES ARE NOT CONSIDERED IN THIS REPORTING.
FORM 990, PART XI, LINE 9	OTHER CHANGES IN NET ASSETS OR FUND BALANCES CHANGE IN POST RETIREMENT BENEFIT OBLIGATION $ (1,654,000) CHANGE IN VALUE OF SPLIT INTEREST (55,074,796) NET HOSPITAL TRANSFERS 209,673,671 CHANGE IN VALUE OF SWAP AGREEMENTS 3,299,663 CHANGE IN NON-CONTROLLING INTEREST (4,929,523) GRANT REFUND 3,792 ------------------------- $ 151,318,807

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp (65 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Total IncomeTotalIncomeAmt	End Of Year AssetsEndOfYearAssetsAmt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Direct Controlling NADirectControllingNACd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
200 GREGORY STREET LLC
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	CO	$0	$0	STANFORD
A2A RWC HOLDINGS LLC
415 BROADWAY 3RD FLOOR	REDWOOD CITY	CA	94063	933314911	REAL ESTATE	DE	-$695,949	$532,708	STANFORD
ANTS AT WORK LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	941156365	RESEARCH	NM	$0	$0	STANFORD
ARCOLA LLC
635 KNIGHT WAY	STANFORD	CA	94305	204222260	REAL ESTATE	DE			ARCOLA VENTU
ARCOLA RESIDENTIAL DEVELOPMENT LLC
635 KNIGHT WAY	STANFORD	CA	94305	800804754	REAL ESTATE	DE			ARCOLA VENTU
ARCOLA RETAIL DEVELOPMENT LLC
635 KNIGHT WAY	STANFORD	CA	94305	800804058	REAL ESTATE	DE			ARCOLA VENTU
AVENUE 2 MANAGEMENT COMPANY LLC
1107 2ND AVENUE	REDWOOD CITY	CA	94063		REAL ESTATE	DE	$0	$0	STANFORD
BOMBUS CAMPESTRIS LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$6,190,890	STANFORD
CANES VENATICI LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$192,521,037	STANFORD
CHARA ASTERION LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$126,282,464	STANFORD
CYPRESS MARINA HEIGHTS AHU LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	CA			CYPRESS MARI
CYPRESS MARINA PARTNERS LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	CA	-$155,091	$1,234,673	STANFORD
EVERNIA LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$153,461	$28,047,575	STANFORD
FALCO SPARVERIUS LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$71,707,142	STANFORD
G-226 LIMITED
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$1,801,206,727		N/A
G-304 LIMITED
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$222,504,003		N/A
G318 LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$265,247	$1	STANFORD
GRE PROPERTIES II LLC
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	DE	-$361	-$7,924	STANFORD
GRE PROPERTIES LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	DE	-$377	-$37,130	STANFORD
GREGORY STREET ACQUISITION LLC
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	CO	-$877	$4,241,889	STANFORD
HALIAEETUS LLC
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	INVESTMENTS	DE	$0	$39,999,993	STANFORD
HP OUTLAWS LLC
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	DE	$0	$0	STANFORD
JPS NO 1 LLC
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	DE	$0	$0	STANFORD
JPS NO 2 LLC
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	DE	$0	$0	STANFORD
KAPPA CYGNI LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$52,284,289	STANFORD
LERNA LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$212,894,454	STANFORD
NOVO FULMEN LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$128,747,995	STANFORD
NYMERIA LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$17,070,283	STANFORD
OCA HOLDINGS LLC
415 BROADWAY 3RD FLOOR	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	DE	-$217,896	$495,815,760	STANFORD
PTR-483 LIMITED
415 BROADWAY	REDWOOD CITY	CA	94063	941156365	INVESTMENTS	DE	$0	$591,764,972		N/A
RBY-109 LIMITED
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$402,062,017		N/A
RED 238 LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$419,585	STANFORD
RED ALTA LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$0	STANFORD
RED ALVARADO LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$1	STANFORD
RED ARBORETUM LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$0	STANFORD
RED ARDENWOOD LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$0	STANFORD
RED BART LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$1,955,846	STANFORD
RED BROADWAY LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$50,953,035	STANFORD
RED CAMINO LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$2,589,109	$0	STANFORD
RED CLOSE UP LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$118,110	STANFORD
RED DECOTO LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$4,646,761	STANFORD
RED DISH LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$310,184	STANFORD
RED FOOTHILLS LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$26,842,057	$112,507,599	STANFORD
RED HILLSIDE LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$54,424,328	$252,727,405	STANFORD
RED LOMITA LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	-$19,817	$0	STANFORD
RED MARINA LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$2,550,046	STANFORD
RED MOTHERBOARD LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$0	STANFORD
RED RIDGE LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$165,423,487	STANFORD
RED SANDHILL LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$0	STANFORD
RED SKYLINE LLC
635 KNIGHT WAY	STANFORD	CA	94305		INVESTMENTS	DE	$0	$0	STANFORD
ROCKY HILL PROPERTY LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	454672921	REAL ESTATE	CA	$0	$0	STANFORD
SAA SIERRA PROGRAMS LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	800313657	ALUM RELATION	CA	$2,282,634	$14,856,289	STANFORD
SAND HILL INVESTMENTS GP LLC
635 KNIGHT WAY	STANFORD	CA	94305	412262027	INVESTMENTS	DE	$0	$0	STANFORD
SAND HILL INVESTMENTS LP
635 KNIGHT WAY	STANFORD	CA	94305	371557441	INVESTMENTS	DE	$0	$0	SAND HILL IN
SHOPS AT ARCOLA CENTER LLC
635 KNIGHT WAY	STANFORD	CA	94305		REAL ESTATE	DE			SHOPS AT ARC
SHOPS AT ARCOLA MEMBER LLC
635 KNIGHT WAY	STANFORD	CA	94305		REAL ESTATE	DE			ARCOLA VENTU
SHR HOTEL LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	412277925	REAL ESTATE	CA	$13,505,800	$121,877,058	STANFORD
SPECIALTY EVENTS LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	384358703	GEN. BUS. OPS	CA			SPECIALTY
STANFORD FOUNDATION (UK) LIMITED
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	981699807	EDUCATION		$1,312,148	$13,010	STANFORD		UK
STANFORD UNIVERSITY GLOBAL LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	941156365	EDUCATION	CA	$5,116,128	$1,713,142	STANFORD
STANFORD UNIVERSITY POWER LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	941156365	ENERGY RESOUR	DE	$0	$0	STANFORD
SU ACQUISITION LLC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	941156365	REAL ESTATE	CA	-$13,352	$2,000,000	STANFORD
SV4 EQUITY LLC
1209 ORANGE STREET	WILMINGTON	DE	19802	301293478	INVESTMENTS	DE	$0	$297,115,372	STANFORD
TZOLKIN LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$62,156,966	STANFORD
WASHINGTONIENSIS LLC
635 KNIGHT WAY	STANFORD	CA	94305	941156365	INVESTMENTS	DE	$0	$49,999,998	STANFORD

Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp (22 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Exempt Code SectionExemptCodeSectionTxt	Public Charity StatusPublicCharityStatusTxt	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd	Foreign PostalForeignAddress/ForeignPostalCd
ATLANTIC COAST CONFERENCE
620 SOUTH TRYON STREET 1200	CHARLOTTE	NC	28202	560599082	EDUCATION	CA	501(C)(3)	12A, I	NA	false
FUNDACION STANFORD UNIVERSITY EN CHILE
					EDUCATION		501(C)(3)	N/A	STANFORD	Yes (true)	AV CONDELL 189 PROVIDENCIA	SANTIAGO	CI	CI
STANFORD HEALTH CARE TRI-VALLEY
5555 W LAS POSITAS BLVD	PLEASANTON	CA	94588	941429628	HOSPITAL	CA	501(C)(3)	3	SHC	Yes (true)
JAEDAN BUPIN STANFORD CENTER IN THE REPU
					RESEARCH	KS	501(C)(3)	N/A	STANFORD	Yes (true)
LUCILE PACKARD FOUNDATION FOR CHILDREN'S
400 HAMILTON AVENUE SUITE 340	PALO ALTO	CA	94301	770440090	HEALTHCARE	CA	501(C)(3)	7	LPCH	Yes (true)
LUCILE SALTER PACKARD CHILDREN'S HOSPITA
725 WELCH ROAD MC 5553	PALO ALTO	CA	94304	770003859	HEALTHCARE	CA	501(C)(3)	3	STANFORD	Yes (true)
PACKARD CHILDREN'S HEALTH ALLIANCE
725 WELCH ROAD MC5551	PALO ALTO	CA	94304	320359189	HEALTHCARE	CA	501(C)(3)	3	LPCH	Yes (true)
SHR HOLDINGS INC
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	943187167	REAL ESTATE	CA	501(C)(25)	N/A	STANFORD	Yes (true)
STANFORD FACULTY CLUB
PO BOX 7229	STANFORD	CA	94309	941187089	FAC INTERACT.	CA	501(C)(7)	N/A	STANFORD	Yes (true)
STANFORD FEDERAL CREDIT UNION
1860 EMBARCADERO RD	PALO ALTO	CA	94303	941492212	CREDIT UNION	CA	501(C)(1)	N/A	STANFORD	Yes (true)
STANFORD HABITAT CONSERVATION BOARD
415 BROADWAY	REDWOOD CITY	CA	94063	461882243	CONSERVATION	CA	501(C)(3)	7	STANFORD	Yes (true)
STANFORD HEALTH CARE
300 PASTEUR DRIVE MC 5555	STANFORD	CA	94305	946174066	HEALTHCARE	CA	501(C)(3)	3	STANFORD	Yes (true)
STANFORD PROGRAMME (CAPE TOWN) NPC
					EDUCATION		501(C)(3)	N/A	STANFORD	Yes (true)	WAVERLY BUSINESS PARK BLDG 11	CAPE TOWN	SF	SF
STANFORD UNIVERSITY BOOKSTORE
505 BROADWAY 6TH FLOOR MC1065	REDWOOD CITY	CA	94063	940894150	SUPPORT	CA	501(C)(3)	12A, I	STANFORD	Yes (true)
SU EMP BEN TRUST POST RETEMPYNT BEN
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	943246199	BENEFITS	CA	501(C)(9)	N/A	STANFORD	Yes (true)
THE DUDLEY E CHAMBERS FOUNDATION
JP MORGAN CHASE PO BOX 3038	MILWAUKEE	WI	53201	386841793	SUPPORT	NY	501(C)(3)	12D, III-O	STANFORD	Yes (true)
THE FREIDENRICH SUPPORT FOUNDATION
485 BROADWAY MAILCODE 8838	REDWOOD CITY	CA	94063	300519583	SUPPORT	CA	501(C)(3)	12A, I	STANFORD	Yes (true)
THE HONG KONGSU CHARITABLE TRUST
				986078093	SUPPORT		501(C)(3)	N/A	STANFORD	Yes (true)	1401 CAROLINE CENTER 28 PING ROAD	CAUSEWAY	HK	HK
THE STANFORD TRUST
					SUPPORT		501(C)(3)	N/A	STANFORD	Yes (true)	65 HIGH STREET	OXFORD	UK	UK	OX1 46L
UNIVERSITY HEALTHCARE ALLIANCE
7999 GATEWAY BLVD STE 300	NEWARK	CA	94560	943192446	HEALTHCARE	CA	501(C)(3)	3	SHC	Yes (true)
VALLEYCARE MEDICAL FOUNDATION INC
5555 W LAS POSITAS BLVD	PLEASANTON	CA	94588	262593526	SR. FACILITY	CA	501(C)(3)	PF	SHC-TV	Yes (true)
VALLEYCARE SENIOR HOUSING
5555 W LAS POSITAS BLVD	PLEASANTON	CA	94588	943382224	SR. FACILITY	CA	501(C)(3)	12A, I	SHC-TV	Yes (true)

Id Related Org Txbl Partnership IdRelatedOrgTxblPartnershipGrp (40 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Predominant Income TypePredominantIncomeTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	Disproportionate AllocationsDisproportionateAllocationsInd	UBI Code VUBICodeVAmt	General Or Managing PartnerGeneralOrManagingPartnerInd	OwnershipOwnershipPct	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	Province Or StateForeignAddress/ProvinceOrStateNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
ADOM PARTNERS LP
3 COLUMBUS CIRCLE 15TH FL	NEW YORK	NY	10019	813083288	INVESTMENTS	DE	STANFORD	EXCLUDED	$36,576	$261,808,702	false	$0	false	0.99703
ALBUS SELECT FUND LP
750 MENLO PARK AVE 380	MENLO PARK	CA	94025	812064357	INVESTMENTS	DE	STANFORD	EXCLUDED	$743	$2,580,423	false	$0	false	0.99713
ARCOLA VENTURE LLC
7121 FAIRWAY DRIVE 410	PALM BEACH GARDENS	FL	33418	371689632	REAL ESTATE	DE	STANFORD	UNRELATED	$3,454,186	$59,535,220	Yes (true)	$3,346,414	false	0.80000
CANARY SC FUND LP
65 E 55TH ST 35TH FLOOR	NEW YORK	NY	10022	475662144	INVESTMENTS	DE	STANFORD	EXCLUDED	$15,193,864	$101,248,008	false	-$76,576	false	0.95411
CANARY SC MASTER FUND LP
				981267847	INVESTMENTS		CANARY SC FUND	N/A			false				89 NEXUS WAY CAMANA BAY	GRAND CAYMAN	CAYMAN ISLANDS	CJ	KY1-9009	CJ
CERASUS FUND II CAYMAN LP
					INVESTMENTS		STANFORD	EXCLUDED	$1,114,814	$44,136,831	false	$0	false	0.59809	190 ELGIN AVENUE GEORGE TOWN	GRAND CAYMAN		CJ	KY1-9008	CJ
CERASUS FUND III CAYMAN LP
				981792843	INVESTMENTS		STANFORD	EXCLUDED	$0	$14,727,960	false	$0		0.70064	190 ELGIN AVENUE GEORGE TOWN	GRAND CAYMAN		CJ	KY1-9008	CJ
CHP GTS BLOCKER HOLDINGS A LP
888 BOYLSTON STREET 1410	BOSTON	MA	02199	830881152	INVESTMENTS	DE	STANFORD	EXCLUDED	$1,523	$24,046,596	false		false	0.59172
CYPRESS MARINA HEIGHTS LLC
635 KNIGHT WAY	STANFORD	CA	94305	954887979	INVESTMENTS	CA	CYPRESS MARINA	N/A			false
DGD INVESTMENT LP
					INVESTMENTS		STANFORD	EXCLUDED	$3,736,930	$72,589,717	false	$0	false	0.85070	190 ELGIN AVENUE GEORGE TOWN	GRAND CAYMAN		CJ	KY1-9008	CJ
EAGLE ROCK LI HOLDINGS LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	271694413	INVESTMENTS	DE	ER-S INVESTOR L	N/A
EDEN RADIATION THERAPY SERVICES LLC
300 PASTEUR DRIVE	STANFORD	CA	94304	881276056	HEALTHCARE	CA	SHC	N/A			false
ER-S JV LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	834068077	INVESTMENTS	DE	STANFORD	EXCLUDED	$658	$176,491,907	false	$0	false	1.00000
ER-S JV II LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	882085249	INVESTMENTS	DE	STANFORD	EXCLUDED	$0	$229,690,376	false	$0	false	1.00000
ER-S INVESTOR LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	834068357	INVESTMENTS	DE	ER-S REIT LLC	N/A			false
ER-S INVESTOR II LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	882004082	INVESTMENTS	DE	ER-S REIT II LL	N/A			false
ER PROPERTIES FUND LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	834260396	INVESTMENTS	DE	ER-S INVESTOR L	N/A			false
ER PROPERTIES FUND II LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	881994509	INVESTMENTS	DE	ER-S INVESTOR L	N/A			false
EZP OPPORTUNITY LP
PIER 5 STE 102	SAN FRANCISCO	CA	94111	814562962	INVESTMENTS	DE	STANFORD	EXCLUDED	$12,056		false	$0	false	0.00000
FORTRESS IW COINVESTMENT (FUND B) LP
1345 AVE OF THE AMERICAS 46FL	NEW YORK	NY	10105	980509639	INVESTMENTS	NY	STANFORD	EXCLUDED	$0	$440,508	false	$0	false	0.71641
FOUR CROSSINGS INSTITUTIONAL PARTNERS V
ONE MARITIME PLAZA 2100	SAN FRANCISCO	CA	94111	814323705	INVESTMENTS	DE	STANFORD	EXCLUDED	$93,071,019	$1,096,227,525	false	$0	false	0.92987
FOXLANE LP
550 E WATER ST 888	CHARLOTTESVILLE	VA	22902	813314647	INVESTMENTS	DE	STANFORD	EXCLUDED	$10,835,162	$854,972,244	false	$0	false	0.99354
HHBG-II INVESTMENT LP
					INVESTMENTS		HHBG SF LIMITED	N/A			false				89 NEXUS WAY CAMANA BAY PO BOX 31	GRAND CAYMAN	CAYMAN ISLANDS	CJ	KY1-1205	CJ
KEB INVESTORS II LP
					INVESTMENTS		STANFORD	EXCLUDED	$47,812	-$1,909,475	false	$0	false	0.63820	WASHINGTON MALL STE 304 7 REID ST	HAMILTON		BD	HM11	BD
KF VERMILLION FUND LP (AKA KEYFRAME V
65 EAST 55TH STREET 35TH FLOOR	NEW YORK	NY	10022	883144517	INVESTMENTS	DE	STANFORD	EXCLUDED	-$1,824,251	$77,640,035	false	-$74,537	false	0.91482
OLIFANT FUND LTD
				980404442	INVESTMENTS		SBFF LTD	N/A			false				SUITE 5B201 2ND FL ONE NEXUS WAY	GRAND CAYMAN		CJ	KY1-1108	CJ
ONCOLOGY SOLUTIONS VENTURE LLC
300 PASTEUR DRIVE	STANFORD	CA	94304	863250041	HEALTHCARE	CA	SHC	N/A			false
OUTLAWS CASINO LTD
415 BROADWAY	REDWOOD CITY	CA	94063	841457498	HOLDING COMPANY	CO	HP OUTLAWS LLC	N/A			false
SCP REAL ASSETS FUND (A) LP
2498 SAND HILL RD	MENLO PARK	CA	94025	203949682	INVESTMENTS	DE	STANFORD	EXCLUDED	$14,422		false		false	0.00000
SEQUOIA MFM OPERATING COMPANY LLC
770 WELCH ROAD LPCH	PALO ALTO	CA	94304	475060529	MFM PROGRAM	CA	LPCH	N/A			false
SP SMC PARTNERS LLC
PO BOX 5377	NEW YORK	NY	10185	473103791	INVESTMENTS	DE	STANFORD	EXCLUDED	$2,809,959	$42,842,635	false	-$226,478	false	0.99900
STANFORD COMMUNITY IMAGING LLC
300 PASTEUR DRIVE H3200	STANFORD	CA	94305	412329246	IMAGING	CA	UNIVERSITY HEAL	RELATED			false		false	1.00000
STANFORD EMANUEL RADIATION ONCOLOGY CENT
825 DELBON AV	TURLOCK	CA	95382	208885091	RADIOLOGY	CA	SHC	N/A			false
STANFORD PET-CT LLC
300 PASTEUR DR	STANFORD	CA	94305	611423414	MED. DIAGNOST	CA	STANFORD	RELATED	$19,818,908	$20,536,626	false	$0	false	0.50000
STANFORD-STARTX FUND LLC
485 BROADWAY	REDWOOD CITY	CA	94063	464297719	INVESTMENTS	DE	STANFORD	EXCLUDED	-$6,520,467	$68,415,195	false		Yes (true)	0.66670
SUMIT HOLDING INTERNATIONAL LLC
1400 PAGE MILL RD	PALO ALTO	CA	94304	263934706	HOLDING COMPANY	DE	SHC	N/A			false
TESSERA IONIC LP
PO BOX 194170	SAN FRANCISCO	CA	941194170	830896257	INVESTMENTS	DE	STANFORD	EXCLUDED	-$4,286,803	$118,732,041	false	$0	false	0.98722
VEDA INVESTORS FUND LP
15 EAST PUTNAM AVENUE 3240	GREENWICH	CT	06830	811810345	INVESTMENTS	DE	STANFORD	EXCLUDED	$203,675,212	$202,548,655	false	$0	false	0.99944
VERMILION PEAK MASTER FUND
				981327671	INVESTMENTS		VERMILION PEAK	N/A			false				PO BOX 309 UGLAND HOUSE	GRAND CAYMAN		CJ	KY1-1104	CJ
WREP III A LP
6710 E CAMELBACK RD 100	SCOTTSDALE	AZ	85251	474780701	INVESTMENTS	DE	STANFORD	EXCLUDED	-$885,006	$25,711,923	false	-$797,841	false	0.73733

Id Related Org Txbl Corp Tr IdRelatedOrgTxblCorpTrGrp (32 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	EINEIN	Primary ActivitiesPrimaryActivitiesTxt	Legal Domicile StateLegalDomicileStateCd	Business Name Line1DirectControllingEntityName/BusinessNameLine1Txt	Entity TypeEntityTypeTxt	Share Of Total IncomeShareOfTotalIncomeAmt	Share Of EOY AssetsShareOfEOYAssetsAmt	OwnershipOwnershipPct	Controlled OrganizationControlledOrganizationInd	Address Line1ForeignAddress/AddressLine1Txt	CityForeignAddress/CityNm	CountryForeignAddress/CountryCd	Foreign PostalForeignAddress/ForeignPostalCd	Legal Domicile Foreign CountryLegalDomicileForeignCountryCd
BREP VII ALBERTA FDR (OFFSHORE) TE7 LP
345 PARK AVENUE	NEW YORK	NY	10154	981066351	INVESTMENTS	CA	STANFORD	C CORP	$0	$1,070,976	0.51720	Yes (true)
BREP VII ALBERTA FDR (OFFSHORE) TE7-NQ
345 PARK AVENUE	NEW YORK	NY	10154	981066355	INVESTMENTS	CA	STANFORD	C CORP	$0	$2,786,492	0.51720	Yes (true)
CANARY SC FUND LTD
				921268195	INVESTMENTS		STANFORD	C CORP	$6,971,451	$323,210,138	0.99500	Yes (true)	89 NEXUS WAY CAYMANA BAY	GRAND CAYMAN	CJ	KY1-9009	CJ
CLAT (14)
					CHARITABLE TR	CA	STANFORD	TRUST
CLUT (2)
					CHARITABLE TR	CA	STANFORD	TRUST
CRT (556)
					CHARITABLE TR	CA	STANFORD	TRUST
EAST SAIL
					INVESTMENTS	MP	STANFORD	C CORP	$0	$106	1.00000	Yes (true)	C/O INTL FS INC IFS COURT	TWENTYEIGHT CYBERCITY EBENE	MP
ER-S REIT LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	834068725	INVESTMENTS	DE	ER-S JV LLC	C CORP				Yes (true)
ER-S REIT II LLC
1670 OLD COUNTRY RD 227	PLAINVIEW	NY	11803	882004082	INVESTMENTS	DE	ER-S JV LLC	C CORP				Yes (true)
GAVEA INVESTMENT FUND II-C LP
				980537952	INVESTMENTS		STANFORD	C CORP	$0	$615,426	0.53192	Yes (true)	PO BOX 309 UGLAND HOUSE	GRAND CAYMAN	CJ	KY1-1104	CJ
HHBG SF LIMITED
					INVESTMENTS		STANFORD	C CORP	$11,221,082	$219,413,765	1.00000	Yes (true)	89 NEXUS WAY CAMANA BAY	GRAND CAYMAN	CJ	KY1-1205	CJ
KAIZEN FUND
					INVESTMENTS		STANFORD	C CORP	$92,029,195	$184,780,254	1.00000	Yes (true)	PO BOX 448 2ND FL ELGIN AVENUE	GRAND CAYMAN	CJ	KY1-1106	CJ
LS ALBERTA III LP
					INVESTMENTS	CA	STANFORD	C CORP	$0	$203,561	1.00000	Yes (true)	C/O LASALLE INV MGMT ONE CURZON ST	LONDON	UK	W1J 5HD
LUMINA STRATEGIC SOLUTIONS FEEDER FUND (
				981662307	INVESTMENTS	CA	STANFORD	C CORP	$40,905,625	$149,995,288	0.83732	Yes (true)	199 BAY STREET SUITE 5300	TORONTO	CA	M5L 1B9
OTHER (3)
					CHARITABLE TR	CA	STANFORD	TRUST
PIF (2)
					CHARITABLE TR	CA	STANFORD	TRUST
PEPPERTREE CAPITAL CAYMAN ISLAND FUND LP
57 E WASHINGTON STREET	CHAGRIN FALLS	OH	44022	981235268	INVESTMENTS	OH	STANFORD	C CORP	$0	$20,431,009	0.99996	Yes (true)
PROFESSIONAL EXCHANGE ASSURANCE COMPANY
201 MERCHANT STREET SUITE 2400	HONOLULU	HI	96813	900897686	INSURANCE	HI	UHA	C CORP				Yes (true)
SBFF LTD
					INVESTMENTS		STANFORD	C CORP	$136,467,060	$1,505,215,776	1.00000	Yes (true)	SUITE 5B201 2ND FL ONE NEXUS WAY	GRAND CAYMAN	CJ	KY1-1108	CJ
SOLKATT LIMITED
					INVESTMENTS		STANFORD	C CORP	$3,684	$8,748,336	1.00000	Yes (true)	190 ELGIN AVENUE GEORGE TOWN	GRAND CAYMAN	CJ	KY1-9008	CJ
SPECIALTY EVENTS TRUST
7 ST PAUL STREET SUITE 820	BALTIMORE	MD	21202		DINING	MD	SPECIALTY EVENT	TRUST			1.00000	Yes (true)
STANFORD (BEIJING) CNSLTNG CO LTD (WFOE)
					EDUCATION		SU GLOBAL LLC	C CORP	$3,996,609	$2,575,266	1.00000	Yes (true)	5275TH FLBLDG CACADEMY SOUTH RD	BEIJING	CH		CH
STANFORD IN JAPAN GODO KAISHA
					EDUCATION		SU GLOBAL LLC	C CORP	$1,006,032	$5,944,853	1.00000	Yes (true)	DOSHISHA UNIVERSITY MEITOKUKAN-NAI	KYOTOSHI	JA		JA
STANFORD INDIA PVT LTD
					EDUCATION		SU GLOBAL LLC	C CORP	$2,065,882	$2,010,443	1.00000	Yes (true)	333 3RD FLOOR DEVIKA TOWER 6 NEH	DELHI	IN		IN
STANFORD MEDICINE INTL (HONG KONG) CO LT
					PATIENT SRVC		SHC	C CORP				Yes (true)	833 CHEUNG SHA WAN ROAD	KOWLOON	HK		HK
STANFORD UNIV MED NETWORK RISK AUTHORITY
1400 PAGE MILL RD MSC 5713	PALO ALTO	CA	94304	461132002	RISK MGMT CON	CA	SUMIT HLDG INT	C CORP				Yes (true)
TF-A FEEDER LTD
				981756669	INVESTMENTS		STANFORD	C CORP	-$203,096	$0	0.87970	Yes (true)	89 NEXUS WAY CAMANA BAY	GRAND CAYMAN	CJ	KY1-1205	CJ
THE RUBRUM FUND
					INVESTMENTS		STANFORD	C CORP	$102,945,222	$562,515,920	1.00000	Yes (true)	7 CLIFFORD STREET	LONDON	UK	WIS 2FT	UK
TRIVISTA FUND
					INVESTMENTS		STANFORD	C CORP	$3,545,104	$73,568,156	0.98760	Yes (true)	89 NEXUS WAY CAMANA BAY	GRAND CAYMAN	CJ	KY1-9009	CJ
TVC MATSU FUND
					INVESTMENTS		STANFORD	C CORP	$6,415,613	$125,097,029	1.00000	Yes (true)	89 NEXUS WAY CAMANA BAY	GRAND CAYMAN	CJ	KY1-9009	CJ
VERMILION PEAK FUND
				981333885	INVESTMENTS		STANFORD	C CORP	$0	$6,228,887	1.00000	Yes (true)	PO BOX 309 UGLAND HOUSE	GRAND CAYMAN	CJ	KY1-1104	CJ
WOODBOURNE CANADA PARTNERS II - CAYMAN
				980705321	INVESTMENTS		STANFORD	C CORP	$7,332,435	$12,193,544	0.60000	Yes (true)	190 ELGIN AVE	GRAND CAYMAN	CJ	KY1-9005	CJ

Field	Value	IRS element (for citing)
Receipt Of Int Annts Rnts Rylts	Yes (true)	ReceiptOfIntAnntsRntsRyltsInd
Gift Grnt Or Cap Contri To Oth Org	Yes (true)	GiftGrntOrCapContriToOthOrgInd
Gift Grnt Cap Contri From Oth Org	Yes (true)	GiftGrntCapContriFromOthOrgInd
Loans Or Guarantees To Other Org	false	LoansOrGuaranteesToOtherOrgInd
Loans Or Guarantees From Oth Org	false	LoansOrGuaranteesFromOthOrgInd
Div Related Organization	false	DivRelatedOrganizationInd
Asset Sale To Other Org	false	AssetSaleToOtherOrgInd
Asset Purchase From Other Org	false	AssetPurchaseFromOtherOrgInd
Asset Exchange	false	AssetExchangeInd
Rental Of Facilities To Oth Org	false	RentalOfFacilitiesToOthOrgInd
Rental Of Fclts From Oth Org	false	RentalOfFcltsFromOthOrgInd
Perform Of Services For Oth Org	Yes (true)	PerformOfServicesForOthOrgInd
Perform Of Services By Other Org	Yes (true)	PerformOfServicesByOtherOrgInd
Sharing Of Facilities	Yes (true)	SharingOfFacilitiesInd
Paid Employees Sharing	false	PaidEmployeesSharingInd
Reimbursement Paid To Other Org	false	ReimbursementPaidToOtherOrgInd
Reimbursement Paid By Other Org	Yes (true)	ReimbursementPaidByOtherOrgInd
Transfer To Other Org	Yes (true)	TransferToOtherOrgInd
Transfer From Other Org	Yes (true)	TransferFromOtherOrgInd

Transactions Related Org TransactionsRelatedOrgGrp (64 entries)

Transaction TypeTransactionTypeTxt	InvolvedInvolvedAmt	Method Of Amount DeterminationMethodOfAmountDeterminationTxt
ADOM PARTNERS LP
B	$50,000,000	BANK RECORDS
ADOM PARTNERS LP
S	$25,000,000	BANK RECORDS
CHP GTS BLOCKER HOLDINGS A LP
S	$4,000,000	BANK RECORDS
BREP VII ALBERTA FDR (OFFSHORE) TE7-NQ LP
S	$101,489	BANK RECORDS
CANARY SC FUND LP
S	$22,315,833	BANK RECORDS
CANARY SC FUND LTD
S	$116,665,531	BANK RECORDS
CERASUS FUND II CAYMAN LP
B	$12,855,709	BANK RECORDS
CERASUS FUND II CAYMAN LP
S	$393,355	BANK RECORDS
CHP GTS BLOCKER HOLDINGS A LP
B	$1,400,137	BANK RECORDS
CHP GTS BLOCKER HOLDINGS A LP
S	$3,506,339	BANK RECORDS
ER-S JV II LLC
B	$71,856,393	BANK RECORDS
ER-S JV II LLC
S	$17,806,389	BANK RECORDS
ER-S JV LLC
B	$2,843,750	BANK RECORDS
ER-S JV LLC
S	$24,503,976	BANK RECORDS
FOUR CROSSINGS INSTITUTIONAL PARTNERS V LP
S	$1,727,300	BANK RECORDS
FUNDACION STANFORD UNIVERSITY EN CHILE
M	$940,760	BOOK
HHBG SF LIMITED
S	$10,766,593	BANK RECORDS
KF VERMILLION FUND LP
B	$23,290,534	BANK RECORDS
KF VERMILLION FUND LP
S	$5,775,218	BANK RECORDS
LSF V DHB HOLDINGS LP
S	$3,118,500	BANK RECORDS
LUCILE SALTER PACKARD CHILDREN'S HOSPITAL
L	$521,100,691	BOOK
LUCILE SALTER PACKARD CHILDREN'S HOSPITAL
M	$4,408,364	BOOK
LUCILE SALTER PACKARD CHILDREN'S HOSPITAL
N	$2,381,161	BOOK
LUCILE SALTER PACKARD CHILDREN'S HOSPITAL
R	$387,691	BOOK
LUCILE SALTER PACKARD CHILDREN'S HOSPITAL
S	$60,953,276	BOOK
LUMINA STRATEGIC SOLUTIONS FEEDER FUND (C) LP
B	$1,967,859	BANK RECORDS
LUMINA STRATEGIC SOLUTIONS FEEDER FUND (C) LP
S	$79,374,421	BANK RECORDS
PACKARD CHILDREN'S HEALTH ALLIANCE
L	$168,415	BOOK
SBFF LTD
B	$50,000,000	BANK RECORDS
SHR HOLDINGS INC
C	$24,333,216	BOOK
SHR HOLDINGS INC
Q	$3,914,616	BOOK
SOLKATT LIMITED
B	$3,904,737	BANK RECORDS
SP SMC PARTNERS LLC
B	$2,462,013	BANK RECORDS
SP SMC PARTNERS LLC
S	$7,462,013	BANK RECORDS
STANFORD (BEIJING) CONSULTING CO LTD (WFOE)
M	$3,990,721	BOOK
STANFORD EMANUEL RAD ONCOLOGY CENTER
L	$986,918	BOOK
STANFORD FACULTY CLUB
Q	$407,390	BOOK
STANFORD FEDERAL CREDIT UNION
A	$387,435	BOOK
STANFORD FEDERAL CREDIT UNION
L	$1,325,214	BOOK
STANFORD HEALTH CARE
L	$1,673,079,845	BOOK
STANFORD HEALTH CARE
M	$79,779,236	BOOK
STANFORD HEALTH CARE
N	$11,613,583	BOOK
STANFORD HEALTH CARE
P	$44,409,237	BOOK
STANFORD HEALTH CARE
R	$17,035,029	BOOK
STANFORD HEALTH CARE
S	$135,404,248	BOOK
STANFORD IN JAPAN GODO KAISHA
M	$1,004,976	BOOK
STANFORD INDIA PVT LTD
M	$1,444,250	BOOK
STANFORD PET-CT LLC
L	$3,664,284	BOOK
STANFORD PET-CT LLC
S	$18,781,370	BOOK
STANFORD PROGRAMME(CAPE TOWN) NPC
B	$1,235,140	BOOK
STANFORD UNIVERSITY BOOK STORE
A	$176,517	BOOK
STANFORD UNIVERSITY EMPLOYEE BENEFITS TRUST
R	$13,210,894	BOOK
TESSERA IONIC LP
S	$98,577,457	BANK RECORDS
TF-A FEEDER LTD
S	$223,717,128	BANK RECORDS
THE DUDLEY E CHAMBERS FOUNDATION
C	$2,876,977	BOOK
THE FREIDENRICH SUPPORT FOUNDATION
C	$217,371	BOOK
THE HONG KONGSTANFORD UNIVERSITY CHARITABLE
C	$18,184,976	BOOK
THE RUBRUM FUND
B	$215,121,860	BANK RECORDS
THE RUBRUM FUND
S	$39,964,285	BANK RECORDS
THE STANFORD TRUST
C	$52,883	BOOK
VEDA INVESTORS FUND LP
B	$17,192,169	BANK RECORDS
VEDA INVESTORS FUND LP
S	$109,691,143	BANK RECORDS
WOODBOURNE CANADA PARTNERS II - CAYMAN LP
S	$754,687	BANK RECORDS
WREP III A LP
S	$2,587,075	BANK RECORDS

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE R, PART IV	CHARITABLE LEAD ANNUITY TRUSTS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. CHARITABLE LEAD UNITRUSTS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. CHARITABLE REMAINDER TRUSTS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. OTHER TRUSTS ARE PRINCIPALLY DOMICILED IN CALIFORNIA. POOLED INCOME FUNDS ARE PRINCIPALLY DOMICILED IN CALIFORNIA.
SCHEDULE R, PART V, LINE (3)	AMOUNTS REPORTED FOR STANFORD UNIVERSITY BOOK STORE WERE DETERMINED USING STANFORD UNIVERSITY BOOK STORE'S BOOKS, WHICH WERE PREPARED ON A FISCAL YEAR ENDING JUNE 2025.