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Nonprofiteer
← THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY

Form 990 for tax year 2022

Filed by THE BOARD OF TRUSTEES OF THE LELAND STANFORD JUNIOR UNIVERSITY.

Totals

Total revenue
$8,473,666,240
Total expenses
$8,133,284,247
Contributions and grants received
$3,468,332,075
Grants paid
$723,702,779
Program services expenses (Part IX)
$7,227,330,377
Management and general expenses
$771,235,080
Fundraising expenses
$134,718,790
Program service expenses (Part III)
$7,227,330,377

Program services were 88.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVID SHAW

    DIR. FOOTBALL, THRU 11/27/22

    Total calculated
    $7,154,217
    From this org
    $7,081,411
    From related orgs
    $0
    Other
    $72,806
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $6,274,567
    Bonus
    $800,000
    Other
    $6,844
    Deferred
    $30,390
    Nontaxable benefits
    $42,416
    Filer's total
    $7,154,217

  • ROBERT F WALLACE

    CHIEF EXECUTIVE OFFICER, SMC

    Total calculated
    $6,474,243
    From this org
    $5,045,924
    From related orgs
    $0
    Other
    $1,428,319
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,104,931
    Bonus
    $2,369,666
    Other
    $1,571,327
    Deferred
    $907,491
    Nontaxable benefits
    $520,828
    Filer's total
    $6,474,243

  • FRANK HANLEY

    CHIEF, PED CARDIOTHORACIC

    Total calculated
    $5,043,393
    From this org
    $4,983,965
    From related orgs
    $0
    Other
    $59,428
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $2,007,532
    Bonus
    $2,930,000
    Other
    $46,433
    Deferred
    $29,313
    Nontaxable benefits
    $30,115
    Filer's total
    $5,043,393

  • LLOYD B MINOR

    VP OF MED. AFF.,APPT.08/28/23

    Total calculated
    $4,470,822
    From this org
    $4,398,331
    From related orgs
    $0
    Other
    $72,491
    Hours/week
    50 + 4.3 related

    Schedule J breakdown matched by us

    Base
    $2,126,523
    Bonus
    $363,000
    Other
    $1,908,808
    Deferred
    $30,500
    Nontaxable benefits
    $41,991
    Filer's total
    $4,470,822

  • TARA VANDERVEER

    DIRECTOR OF WOMEN'S BASKETBALL

    Total calculated
    $3,428,058
    From this org
    $2,814,453
    From related orgs
    $0
    Other
    $613,605
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,757,133
    Bonus
    $1,043,823
    Other
    $13,497
    Deferred
    $584,368
    Nontaxable benefits
    $29,237
    Filer's total
    $3,428,058

  • PERSIS DRELL

    PROVOST

    Total calculated
    $3,330,046
    From this org
    $3,102,715
    From related orgs
    $0
    Other
    $227,331
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $985,740
    Bonus
    $0
    Other
    $2,116,975
    Deferred
    $58,688
    Nontaxable benefits
    $168,643
    Filer's total
    $3,330,046

  • JAY KANG

    SR. MD, SMC

    Total calculated
    $3,061,856
    From this org
    $2,675,619
    From related orgs
    $0
    Other
    $386,237
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $778,536
    Bonus
    $1,367,000
    Other
    $530,083
    Deferred
    $338,211
    Nontaxable benefits
    $48,026
    Filer's total
    $3,061,856

  • YIPING WOO

    PROF. & CHAIR, CARDIO SURGERY

    Total calculated
    $2,940,109
    From this org
    $2,869,599
    From related orgs
    $0
    Other
    $70,510
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,606,152
    Bonus
    $595,243
    Other
    $668,204
    Deferred
    $18,943
    Nontaxable benefits
    $51,567
    Filer's total
    $2,940,109

  • MARC TESSIER-LAVIGNE

    PRESIDENT/TRUSTEE THRU 8/31/23

    Total calculated
    $2,409,076
    From this org
    $1,628,003
    From related orgs
    $0
    Other
    $781,073
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,528,003
    Bonus
    $100,000
    Other
    $0
    Deferred
    $595,858
    Nontaxable benefits
    $185,215
    Filer's total
    $2,409,076

  • ROBERT C REIDY

    VP LAND, BUILDINGS & REAL EST

    Total calculated
    $1,892,396
    From this org
    $1,774,294
    From related orgs
    $0
    Other
    $118,102
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $630,586
    Bonus
    $382,961
    Other
    $760,747
    Deferred
    $97,167
    Nontaxable benefits
    $20,935
    Filer's total
    $1,892,396

  • MARTIN SHELL

    VP & CHIEF ERO

    Total calculated
    $1,764,682
    From this org
    $1,436,965
    From related orgs
    $0
    Other
    $327,717
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $782,432
    Bonus
    $291,400
    Other
    $363,133
    Deferred
    $223,833
    Nontaxable benefits
    $103,884
    Filer's total
    $1,764,682

  • RANDALL LIVINGSTON

    VP BUS AFFAIRS/CFO

    Total calculated
    $1,132,905
    From this org
    $887,487
    From related orgs
    $0
    Other
    $245,418
    Hours/week
    50 + 4 related

    Schedule J breakdown matched by us

    Base
    $842,924
    Bonus
    $44,563
    Other
    $0
    Deferred
    $206,367
    Nontaxable benefits
    $39,051
    Filer's total
    $1,132,905

  • DEBRA ZUMWALT

    VP GENERAL COUNSEL

    Total calculated
    $1,073,517
    From this org
    $902,985
    From related orgs
    $0
    Other
    $170,532
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $858,378
    Bonus
    $44,607
    Other
    $0
    Deferred
    $152,853
    Nontaxable benefits
    $17,679
    Filer's total
    $1,073,517

  • JON DENNEY

    VP DEVELOPMENT

    Total calculated
    $1,039,804
    From this org
    $906,193
    From related orgs
    $0
    Other
    $133,611
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $713,693
    Bonus
    $192,500
    Other
    $0
    Deferred
    $93,000
    Nontaxable benefits
    $40,611
    Filer's total
    $1,039,804

  • HOWARD WOLF

    PRES. OF STANFORD ALUM. ASSOC.

    Total calculated
    $782,648
    From this org
    $667,736
    From related orgs
    $0
    Other
    $114,912
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $514,829
    Bonus
    $152,907
    Other
    $0
    Deferred
    $63,833
    Nontaxable benefits
    $51,079
    Filer's total
    $782,648

  • ELIZABETH ZACHARIAS

    VP HUMAN RESOURCES

    Total calculated
    $725,345
    From this org
    $587,708
    From related orgs
    $0
    Other
    $137,637
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $454,968
    Bonus
    $104,650
    Other
    $28,090
    Deferred
    $73,833
    Nontaxable benefits
    $63,804
    Filer's total
    $725,345

  • FARNAZ KHADEM

    VP COMMUNICATION

    Total calculated
    $676,257
    From this org
    $535,295
    From related orgs
    $0
    Other
    $140,962
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $429,378
    Bonus
    $79,250
    Other
    $26,667
    Deferred
    $102,867
    Nontaxable benefits
    $38,095
    Filer's total
    $676,257

  • RYAN M ADESNIK

    VP GOVERNMENT AFFAIRS

    Total calculated
    $566,495
    From this org
    $468,861
    From related orgs
    $0
    Other
    $97,634
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $396,861
    Bonus
    $72,000
    Other
    $0
    Deferred
    $43,417
    Nontaxable benefits
    $54,217
    Filer's total
    $566,495

  • STEPHEN STREIFFER

    VP OF SLAC

    Total calculated
    $446,569
    From this org
    $427,887
    From related orgs
    $0
    Other
    $18,682
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $346,707
    Bonus
    $57,750
    Other
    $23,430
    Deferred
    $2,500
    Nontaxable benefits
    $16,182
    Filer's total
    $446,569

  • DEBORAH CULLINAN

    VP OF ARTS

    Total calculated
    $441,480
    From this org
    $413,126
    From related orgs
    $0
    Other
    $28,354
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $340,876
    Bonus
    $72,250
    Other
    $0
    Deferred
    $2,500
    Nontaxable benefits
    $25,854
    Filer's total
    $441,480

  • BRADLEY HAYWARD

    FORMER INTERIM VP COMMUN.

    Total calculated
    $423,218
    From this org
    $338,014
    From related orgs
    $0
    Other
    $85,204
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $281,705
    Bonus
    $26,309
    Other
    $30,000
    Deferred
    $29,261
    Nontaxable benefits
    $55,943
    Filer's total
    $423,218

  • HOWARD B PEARSON

    FORMER INTERIM VP DEVT.

    Total calculated
    $364,771
    From this org
    $319,400
    From related orgs
    $0
    Other
    $45,371
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $256,730
    Bonus
    $62,670
    Other
    $0
    Deferred
    $28,938
    Nontaxable benefits
    $16,433
    Filer's total
    $364,771

  • KATHERINE B DUHAMEL

    TRUSTEE

    Total calculated
    $36,000
    From this org
    $36,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    5

  • FELIX J BAKER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • RICHARD N BARTON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ANEEL BHUSRI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • DEANGELA J BURNS-WALLACE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MICHAEL C CAMUNEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MICHELLE R CLAYMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ROANN COSTIN

    TRUSTEE, THROUGH 9/30/2022

    Total calculated
    $0
    Hours/week
    5

  • JAMES G COULTER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ROBERTA B DENNING

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JOSE E FELICIANO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • HENRY A FERNANDEZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • ANGELA S FILO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • SAKURAKO D FISHER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JAMES D HALPER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MARC E JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 4 related

  • LATONIA G KARR

    TRUSTEE, THROUGH 1/31/2023

    Total calculated
    $0
    Hours/week
    5 + 2 related

  • SARAH H KETTERER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • CAROL C LAM

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MARC S LIPSCHULTZ

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • KENNETH E OLIVIER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • CARRIE W PENNER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • LAURENE POWELL JOBS

    TRUSTEE, THROUGH 9/30/2022

    Total calculated
    $0
    Hours/week
    5

  • NADIA N RAWLINSON

    TRUSTEE, APPOINTED 10/1/2022

    Total calculated
    $0
    Hours/week
    5

  • MINDY B ROGERS

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 4.3 related

  • LILY SARAFAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • SRINIJA SRINIVASAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JEFFREY E STONE

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • GENE T SYKES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 0.3 related

  • ELIZABETH H WEATHERMAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • MAURICE C WERDEGAR

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • CLARA WU TSAI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • JERRY YANG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

  • CHARLES D YOUNG

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 1a · First-class or charter travel
  • 1a · Travel for companions
  • 1a · Housing allowance or residence for personal use
  • 1a · Personal services (maid, chauffeur, chef)
  • 1b · Written policy on the line-1a expenses
  • 2 · Substantiation required before reimbursing expenses
  • 3 · Compensation committee
  • 3 · Independent compensation consultant
  • 3 · Form 990 of other organizations
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee
  • 4b · Supplemental nonqualified retirement plan
  • 7 · Other non-fixed payments

Answered no

  • 4a · Severance or change-of-control payment
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

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, TWO EMPLOYEES LISTED ON PART VII USED FIRST CLASS TRAVEL SERVICES DURING CALENDAR YEAR 2022. IN GENERAL, COMPANION TRAVEL IS REIMBURSABLE ONLY IF THE ACCOMPANYING PERSON HAS A POSITION WITH THE UNIVERSITY AND IS TRAVELING TO MAKE A SIGNIFICANT CONTRIBUTION IN FURTHERANCE OF UNIVERSITY BUSINESS. EXCEPTIONS TO THIS POLICY ARE RARE AND MUST BE APPROVED IN ADVANCE OF TRAVEL BY THE PROVOST. ONE EMPLOYEE LISTED ON PART VII RECEIVED COMPANION TRAVEL DURING CALENDAR YEAR 2022. 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 2022. THE FOLLOWING INDIVIDUALS RECEIVED TAXABLE HOUSING BENEFITS DURING CALENDAR YEAR 2022: FARNAZ KHADEM, FRANK HANLEY, LLOYD B. MINOR, BRADLEY HAYWARD, ROBERT F. WALLACE, STEPHEN STREIFFER, ELIZABETH ZACHARIAS, AND TARA VANDERVEER. 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 2022: ROBERT F. WALLACE, $1,562,901; ROBERT C. REIDY, $760,747; MARTIN SHELL, $363,133; JAY KANG, $530,083; PERSIS DRELL, $2,116,975; LLOYD MINOR, $1,901,224. SUPPLEMENTAL EXECUTIVE RETIREMENT PLANS (SERPS) THE UNIVERSITY PROVIDES PRESIDENT MARC TESSIER-LAVIGNE WITH A SUPPLEMENTAL EXECUTIVE RETIREMENT PLAN (SERP) TO SUPPLEMENT HIS OTHER RETIREMENT BENEFITS. THE SERP WILL BE EARNED GRADUALLY OVER HIS TERM OF SERVICE AS PRESIDENT. BY CONTINUING TO SERVE AS PRESIDENT IN FY2023, THE PRESIDENT BECAME ELIGIBLE TO RECEIVE A BENEFIT EQUAL IN VALUE TO AN ANNUAL PAYMENT FOR LIFE OF 10% OF HIS HIGHEST THREE YEAR AVERAGE BASE PAY AS PRESIDENT. THIS SERP BENEFIT REMAINS SUBJECT TO FORFEITURE IF CERTAIN CONDITIONS ARE NOT MET. THE VALUE OF THE BENEFIT ACCRUED UNDER THE SERP FOR THE YEAR ENDED DECEMBER 31, 2022 WAS $523,691.
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. 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.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
26 June 2024
IRS schema version
2022v5.0
Source object
202431949349300033

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.