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

Form 990 for tax year 2023

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

Totals

Total revenue
$9,541,579,835
Total expenses
$8,932,390,126
Contributions and grants received
$3,028,978,313
Grants paid
$805,429,077
Program services expenses (Part IX)
$7,913,892,538
Management and general expenses
$874,774,474
Fundraising expenses
$143,723,114
Program service expenses (Part III)
$7,913,892,538

Program services were 88.6% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ROBERT F WALLACE

    CHIEF EXECUTIVE OFFICER, SMC

    Total calculated
    $6,329,748
    From this org
    $5,307,588
    From related orgs
    $0
    Other
    $1,022,160
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,155,915
    Bonus
    $2,483,333
    Other
    $1,668,340
    Deferred
    $935,181
    Nontaxable benefits
    $86,979
    Filer's total
    $6,329,748
  • FRANK HANLEY

    CHIEF, PED CARDIOTHORACIC

    Total calculated
    $5,273,157
    From this org
    $5,207,744
    From related orgs
    $0
    Other
    $65,413
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $2,058,102
    Bonus
    $2,600,000
    Other
    $549,642
    Deferred
    $31,333
    Nontaxable benefits
    $34,080
    Filer's total
    $5,273,157
  • PHILIP A PIZZO

    FORMER DEAN SCHOOL OF MEDICINE

    Total calculated
    $3,961,095
    From this org
    $3,961,095
    From related orgs
    $0
    Other
    $0
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $3,961,095
    Deferred
    $0
    Nontaxable benefits
    $0
    Filer's total
    $3,961,095
  • JAY KANG

    SR. MD, SMC

    Total calculated
    $3,409,111
    From this org
    $2,978,619
    From related orgs
    $0
    Other
    $430,492
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $812,211
    Bonus
    $1,556,250
    Other
    $610,158
    Deferred
    $374,659
    Nontaxable benefits
    $55,833
    Filer's total
    $3,409,111
  • LLOYD B MINOR

    VP MEDICAL AFFAIRS

    Total calculated
    $3,172,743
    From this org
    $2,883,097
    From related orgs
    $0
    Other
    $289,646
    Hours/week
    50 + 4 related

    Schedule J breakdown matched by us

    Base
    $2,272,515
    Bonus
    $600,000
    Other
    $10,582
    Deferred
    $251,750
    Nontaxable benefits
    $37,896
    Filer's total
    $3,172,743
  • YIPING WOO

    PROF. & CHAIR, CARDIO SURGERY

    Total calculated
    $2,991,840
    From this org
    $2,915,629
    From related orgs
    $0
    Other
    $76,211
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,687,186
    Bonus
    $1,043,301
    Other
    $185,142
    Deferred
    $20,378
    Nontaxable benefits
    $55,833
    Filer's total
    $2,991,840
  • TROY SCOTT TAYLOR

    DIRECTOR OF FOOTBALL

    Total calculated
    $2,975,909
    From this org
    $2,923,047
    From related orgs
    $0
    Other
    $52,862
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $2,862,256
    Bonus
    $0
    Other
    $60,791
    Deferred
    $0
    Nontaxable benefits
    $52,862
    Filer's total
    $2,975,909
  • MARC TESSIER-LAVIGNE

    FORMER PRESIDENT

    Total calculated
    $1,958,142
    From this org
    $1,655,841
    From related orgs
    $0
    Other
    $302,301
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,655,841
    Bonus
    $0
    Other
    $0
    Deferred
    $158,000
    Nontaxable benefits
    $144,301
    Filer's total
    $1,958,142
  • RANDALL LIVINGSTON

    VP BUS AFFAIRS/CFO

    Total calculated
    $1,821,989
    From this org
    $1,626,689
    From related orgs
    $0
    Other
    $195,300
    Hours/week
    50 + 4 related

    Schedule J breakdown matched by us

    Base
    $902,039
    Bonus
    $0
    Other
    $724,650
    Deferred
    $155,468
    Nontaxable benefits
    $39,832
    Filer's total
    $1,821,989
  • ROBERT C REIDY

    VP LAND, BUILDINGS, REAL EST

    Total calculated
    $1,813,599
    From this org
    $1,594,773
    From related orgs
    $0
    Other
    $218,826
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $676,813
    Bonus
    $350,000
    Other
    $567,960
    Deferred
    $195,963
    Nontaxable benefits
    $22,863
    Filer's total
    $1,813,599
  • MARTIN SHELL

    VP & CHIEF ERO

    Total calculated
    $1,603,801
    From this org
    $1,295,154
    From related orgs
    $0
    Other
    $308,647
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $826,603
    Bonus
    $250,000
    Other
    $218,551
    Deferred
    $215,333
    Nontaxable benefits
    $93,314
    Filer's total
    $1,603,801
  • DEBRA ZUMWALT

    VP GENERAL COUNSEL

    Total calculated
    $1,359,422
    From this org
    $940,449
    From related orgs
    $0
    Other
    $418,973
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $919,449
    Bonus
    $0
    Other
    $21,000
    Deferred
    $397,941
    Nontaxable benefits
    $21,032
    Filer's total
    $1,359,422
  • PERSIS DRELL

    PROVOST, THRU 9/30/23

    Total calculated
    $1,344,090
    From this org
    $1,057,725
    From related orgs
    $0
    Other
    $286,365
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,057,547
    Bonus
    $0
    Other
    $178
    Deferred
    $177,438
    Nontaxable benefits
    $108,927
    Filer's total
    $1,344,090
  • JON DENNEY

    VP DEVELOPMENT

    Total calculated
    $1,317,404
    From this org
    $1,239,650
    From related orgs
    $0
    Other
    $77,754
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $795,510
    Bonus
    $195,000
    Other
    $249,140
    Deferred
    $33,000
    Nontaxable benefits
    $44,754
    Filer's total
    $1,317,404
  • HOWARD WOLF

    VP ALUM AFFAIR,PRES ALUM ASSOC

    Total calculated
    $1,147,431
    From this org
    $997,125
    From related orgs
    $0
    Other
    $150,306
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $561,750
    Bonus
    $70,000
    Other
    $365,375
    Deferred
    $93,185
    Nontaxable benefits
    $57,121
    Filer's total
    $1,147,431
  • JONATHAN D LEVIN

    PRESIDENT/TRUSTEE, APPT 8/1/24

    Total calculated
    $1,076,986
    From this org
    $1,007,233
    From related orgs
    $0
    Other
    $69,753
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $1,006,633
    Bonus
    $0
    Other
    $600
    Deferred
    $32,185
    Nontaxable benefits
    $37,568
    Filer's total
    $1,076,986
  • MEGAN PIERSON

    VP UNI. AFFAIRS, APPT 7/29/24

    Total calculated
    $1,074,473
    From this org
    $959,615
    From related orgs
    $0
    Other
    $114,858
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $580,593
    Bonus
    $58,000
    Other
    $321,022
    Deferred
    $79,102
    Nontaxable benefits
    $35,756
    Filer's total
    $1,074,473
  • JENNY MARTINEZ

    PROVOST, APPOINTED 10/1/23

    Total calculated
    $976,473
    From this org
    $814,237
    From related orgs
    $0
    Other
    $162,236
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $814,237
    Bonus
    $0
    Other
    $0
    Deferred
    $110,143
    Nontaxable benefits
    $52,093
    Filer's total
    $976,473
  • FARNAZ KHADEM

    VP COMMUNICATION

    Total calculated
    $957,519
    From this org
    $886,759
    From related orgs
    $0
    Other
    $70,760
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $455,735
    Bonus
    $69,000
    Other
    $362,024
    Deferred
    $29,700
    Nontaxable benefits
    $41,060
    Filer's total
    $957,519
  • STEPHEN STREIFFER

    VP SLAC, THRU 10/1/23

    Total calculated
    $907,206
    From this org
    $848,718
    From related orgs
    $0
    Other
    $58,488
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $551,381
    Bonus
    $183,000
    Other
    $114,337
    Deferred
    $25,803
    Nontaxable benefits
    $32,685
    Filer's total
    $907,206
  • ELIZABETH ZACHARIAS

    VP HUMAN RESOURCES

    Total calculated
    $843,949
    From this org
    $621,777
    From related orgs
    $0
    Other
    $222,172
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $496,306
    Bonus
    $100,100
    Other
    $25,371
    Deferred
    $152,500
    Nontaxable benefits
    $69,672
    Filer's total
    $843,949
  • RICHARD P SALLER

    PRESIDENT/TRUSTEE,THRU 7/31/24

    Total calculated
    $825,853
    From this org
    $775,911
    From related orgs
    $0
    Other
    $49,942
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $433,947
    Bonus
    $0
    Other
    $341,964
    Deferred
    $31,865
    Nontaxable benefits
    $18,077
    Filer's total
    $825,853
  • RYAN M ADESNIK

    VP GOVERNMENT AFFAIRS

    Total calculated
    $633,495
    From this org
    $493,276
    From related orgs
    $0
    Other
    $140,219
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $428,026
    Bonus
    $65,250
    Other
    $0
    Deferred
    $70,250
    Nontaxable benefits
    $69,969
    Filer's total
    $633,495
  • DEBORAH CULLINAN

    VP ARTS

    Total calculated
    $587,572
    From this org
    $531,576
    From related orgs
    $0
    Other
    $55,996
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $444,826
    Bonus
    $86,750
    Other
    $0
    Deferred
    $29,175
    Nontaxable benefits
    $26,821
    Filer's total
    $587,572
  • BRADLEY HAYWARD

    FORMER INTERIM VP COMMUN.

    Total calculated
    $473,839
    From this org
    $358,454
    From related orgs
    $0
    Other
    $115,385
    Hours/week
    50

    Schedule J breakdown matched by us

    Base
    $297,784
    Bonus
    $30,670
    Other
    $30,000
    Deferred
    $31,297
    Nontaxable benefits
    $84,088
    Filer's total
    $473,839
  • HOWARD B PEARSON

    FORMER INTERIM VP DEVT.

    Total calculated
    $369,688
    From this org
    $338,252
    From related orgs
    $0
    Other
    $31,436
    Hours/week
    30

    Schedule J breakdown matched by us

    Base
    $277,982
    Bonus
    $41,400
    Other
    $18,870
    Deferred
    $28,792
    Nontaxable benefits
    $2,644
    Filer's total
    $369,688
  • 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
  • AMY M BROOKS

    TRUSTEE, APPOINTED 10/1/2023

    Total calculated
    $0
    Hours/week
    5
  • MARISA D BRUTOCO

    TRUSTEE, APPOINTED 10/1/2023

    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, THROUGH 9/30/2023

    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
  • KATHERINE B DUHAMEL

    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, THROUGH 9/30/2023

    Total calculated
    $0
    Hours/week
    5
  • MARC E JONES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5 + 4 related
  • SARAH H KETTERER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • JOHN B KLEINHEINZ

    TRUSTEE, APPOINTED 6/1/2024

    Total calculated
    $0
    Hours/week
    5
  • CAROL C LAM

    TRUSTEE, THROUGH 9/30/2023

    Total calculated
    $0
    Hours/week
    5 + 2 related
  • 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
  • NADIA N RAWLINSON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • MINDY B ROGERS

    TRUSTEE, THROUGH 11/30/2023

    Total calculated
    $0
    Hours/week
    5 + 4 related
  • LILY SARAFAN

    TRUSTEE

    Total calculated
    $0
    Hours/week
    5
  • AMIT SINHA

    TRUSTEE, APPOINTED 10/1/2023

    Total calculated
    $0
    Hours/week
    5 + 4 related
  • SRINIJA SRINIVASAN

    TRUSTEE, THROUGH 3/31/2024

    Total calculated
    $0
    Hours/week
    5
  • JEFFREY E STONE

    TRUSTEE, THROUGH 9/30/2023

    Total calculated
    $0
    Hours/week
    5 + 2 related
  • GENE T SYKES

    TRUSTEE, THROUGH 4/9/2024

    Total calculated
    $0
    Hours/week
    5
  • 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
  • GIUSEPPE P ZOCCO

    TRUSTEE, APPOINTED 10/1/2023

    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 · 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, FOUR EMPLOYEES LISTED ON PART VII USED FIRST CLASS TRAVEL SERVICES DURING CALENDAR YEAR 2023. 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 2023. 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 2023. THE FOLLOWING INDIVIDUALS RECEIVED TAXABLE HOUSING BENEFITS DURING CALENDAR YEAR 2023: FARNAZ KHADEM, FRANK HANLEY, LLOYD B. MINOR, BRADLEY HAYWARD, ROBERT F. WALLACE, STEPHEN STREIFFER, ELIZABETH ZACHARIAS, 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 2023: JON DENNEY, $249,140; FARNAZ KHADEM, $332,608; RANDALL LIVINGSTON, $703,881; MEGAN PIERSON, $321,022; HOWARD WOLF, $351,941; ROBERT F. WALLACE, $1,658,966; ROBERT C. REIDY, $552,498; MARTIN SHELL, $198,897; JAY KANG, $610,158; PHILIP A. PIZZO, $3,961,095.
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
2023
Filed
11 July 2025
IRS schema version
2023v6.0
Source object
202501969349302135

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.