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lefile GRAPHIC rint - DO NOT PROCESS I As Filed Data - I DLN: 93493197011708 Return of Organization Exempt From Income Tax OMB No 1545-0047 Form 990 Under section 501(c), 527, or 4947 ( a)(1) of the Internal Revenue Code ( except private foundations) 2016 ► Do not enter social security numbers on this form as it may be made public Department of the Trea^un Information about Form 990 and its instructions is at www IRS gov/form990 Internal Rev enue Ser ice ► A For the 2016 calendar year, or tax year beginning 09-01-2016 . and endina 08-31-2017 C Name of organization B Check if applicable D Employer identification number THE BOARD OF TRUSTEES OF THE LELAND STANFORD q Add ress c h ange JUNIOR UNIVERSITY 94-1156365 q Name change % CHRISTOPHER CANELLOS q Initial return Doing business as Stanford University Final - I II/ - I n naLeu I eiepnone nurnuer Number and street (or P 0 box if mail is not delivered to street address) Room/suite L q Am ended return 3145 PORTER DRIVE (650) 725-1732 q Application pending City or town, state or province, country, and ZIP or foreign postal code PALO ALTO, CA 94304 G Gross receipts $ 24,6 52,679,687 F Name and address of principal officer H(a) Is this a group return for Marc Tessier-Lavigne Building 10 subordinates? 2 No Stanford, CA 94305 H(b) Are all subordinates included? q Yes o I Tax-exempt status R 501(c)(3) q 501(c) ( ) A (insert no q 4947(a)(1) or El 527 If "No," attach a list ( see instructions ) H(c) Group exemption number J Website : ► WWW STANFORD EDU ► q q q L Year of formation 1885 M State of legal domicile CA K Form of organization 9 Corporation Trust Association Other ► NLi^ Summary 1 Briefly describe the organization's mission or most significant activities STANFORD UNIVERSITY IS ONE OF A SELECT GROUP OF AMERICAN UNIVERSITIES THAT HAVE ACHIEVED EMINENCE IN BOTH UNDERGRADUATE AND GRADUATE EDUCATION AND RESEARCH - CONT'D SCH 0 U ti q 2 Check this box ► if the organization discontinued its operations or disposed of more than 25% of its net assets 3 Number of voting members of the governing body (Part VI, line 1a) . 3 31 4 Number of independent voting members of the governing body (Part VI, line 1b) 4 28 5 Total number of individuals employed in calendar year 2016 (Part V, line 2a) 5 37,510 Q 6 Total number of volunteers (estimate if necessary) . 6 11,000 7a Total unrelated business revenue from Part VIII, column (C), line 12 . 7a 28,747,451 b Net unrelated business taxable income from Form 990-T, line 34 . 7b -38,642,092 Prior Year Current Year 8 Contributions and grants (Part VIII, line 1h) . 2,586,183,439 2,355,413,071 9 Program service revenue (Part VIII, line 2g) . 2,467,896,699 2,718,965,964 10 Investment income (Part VIII, column (A), lines 3, 4, and 7d . 1,783,116,021 2,113,341,870 11 Other revenue (Part VIII, column (A), lines 5, 6d, 8c, 9c, 10c, and lie) 128,760,418 154,001,349 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 12) 6,965,956,577 7,341,722,254 13 Grants and similar amounts paid (Part IX, column (A), lines 1-3 . 437,702,989 461,687,755 14 Benefits paid to or for members (Part IX, column (A), line 4) . 0 0 15 Salaries, other compensation, employee benefits (Part IX, column (A), lines 5-10) 3,090,199,894 3,300,121,531 16a Professional fundraising fees (Part IX, column (A), line 11e) 831,080 176,476 b Total fundraising expenses (Part IX, column (D), line 25) 0,108,885,007 17 Other expenses (Part IX, column (A), lines 11a-11d, llf-24e) . 1,751,935,294 2,035,405,437 18 Total expenses Add lines 13-17 (must equal Part IX, column (A), line 25) 5,280,669,257 5,797,391,199 19 Revenue less expenses Subtract line 18 from line 12 1,685,287,320 1,544,331,055 T Beginning of Current Year End of Year 'M 20 Total assets (Part X, line 16) . 37,767,407,673 41,954,221,978 21 Total liabilities (Part X, line 26) . 6,048,228,823 7,263,002,538 Z1 22 Net assets or fund balances Subtract l i n e 21 from l i n e 20 31,719,178,850 34,691,219,440 Si g nature Block Under penalties of perjury, I declare that I have examined this return, inclu knowl edge and belief, it is true, correct, and complete Declaration of prepa an y knowled g e Signature of officer Sign Here M SUZANNE CALANDRA SAVP FOR FINANCE Type or print name and title Print/Type preparer's name Preparer's signature Robert W Friz Robert W Friz Paid Preparer Firm's name ► PricewaterhouseCoopers LLP Use Only Firm's address ► 2001 MARKET STREET SUITE 1800 PHILADELPHIA, PA 19103 May the IRS discuss this return with the preparer shown above? (see instrui For Paperwork Reduction Act Notice, see the separate instructions. Form 990 (2016) Page 2 Statement of Program Service Accomplishments Check if Schedule 0 contains a response or note to any line in this Part III . 1 Briefly describe the organization's 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 0 2 Did the organization undertake any significant program services during the year which were not listed on the prior Form 990 or 990-EZ? . q Yes 2 No If "Yes," describe these new services on Schedule 0 3 Did the organization cease conducting, or make significant changes in how it conducts, any program services? . q Yes 9 No If "Yes," describe these changes on Schedule 0 4 Describe the organization's program service accomplishments for each of its three largest program services, as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are required to report the amount of grants and allocations to others, the total expenses, and revenue, if any, for each program service reported 4a (Code ) (Expenses $ 1,839,111,869 including grants of $ 36,296,446 ) (Revenue $ 850,815,834 See Additional Data 4b (Code ) (Expenses $ 1,149,556,817 including grants of $ 24,436,641 ) (Revenue $ 197,324,390 See Additional Data 4c (Code ) (Expenses $ 1,113,052,759 including grants of $ 778,122 ) (Revenue $ 1,209,885,393 See Additional Data 4d Other program services (Describe in Schedule 0 ) (Expenses $ 1,002,281,693 including grants of $ 400,176,546 ) (Revenue $ 460,940,347 4e Total program service expenses 11o, 5,104,003,138 Form 990 (2016) Form 990 (2016) Page 3 Checklist of Req uired Schedules Yes No 1 Is the organization described in section 501(c)(3) or 4947(a)(1) (other than a private foundation)? If "Yes," complete Yes Schedule A . 1 2 Is the organization required to complete Schedule B, Schedule of Contributors (see instructions)? °^ . 2 Yes 3 Did the organization engage in direct or indirect political campaign activities on behalf of or in opposition to candidates No for public office? If "Yes," complete Schedule C, Part I °^ . 3 4 Section 501(c )( 3) organizations. Did the organization engage in lobbying activities, or have a section 501(h) election in effect during the tax year? If "Yes, " complete Schedule C, Part II . 4 Yes 5 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or similar amounts as defined in Revenue Procedure 98-197 N o If "Yes, " complete Schedule C, Part III . 5 6 Did the organization maintain any donor advised funds or any similar funds or accounts for which donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts? Yes If "Yes, " complete Schedule D, Part I ti) . 6 7 Did the organization receive or hold a conservation easement, including easements to preserve open space, N o the environment, historic land areas, or historic structures? If "Yes," complete Schedule D, Part II tj . 7 8 Did the organization maintain collections of works of art, historical treasures, or other similar assets? Yes If "Yes, " complete Schedule D, Part III . 8 9 Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or provide credit counseling, debt management, credit repair, or debt negotiation N o services7If "Yes," complete Schedule D, Part IV °^ . 9 10 Did the organization, directly or through a related organization, hold assets in temporarily restricted endowments, 10 Yes permanent endowments, or quasi-endowments? If "Yes," complete Schedule D, Part V 1i . 11 If the organization's answer to any of the following questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, or X as applicable a Did the organization report an amount for land, buildings, and equipment in Part X, line 10? Yes If "Yes, " complete Schedule D, Part VI . I la b Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of its total Yes assets reported in Part X, line 167 If "Yes," complete Schedule D, Part VII 1i . 'lb c Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its No total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII.
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